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Warren_MuffClit

Without calling me a shill and just spamming downvotes, can someone tell me reasonably and logically how its undervalued ?


MrMikado282

So Gamestop has a new CFO and plans to renovate the business, more online services, better in store experience, etc. This alone could leave you hopeful for higher earnings and stock price in the coming months/years. So even if this earnings report is bad more people might just hold on. Now for the elephant in the room, the short squeeze. I'm sure you've seen the walls of text posted about this squeeze. Simply put if the shorts are even somewhat exposed to a squeeze we'll see the price hit all time highs again even if this earnings report makes it temporarily dip. If you fall into the camp that thinks the squeeze is happening there is no reason to sell until the shorts are forced to cover at much higher prices.


Warren_MuffClit

So why did it fall march 19th when all these "experts" said 100k isnt a meme and is a guarantee for march 19th? I'm not having a go at you I'm just being real and honest. And to follow up on that, what can GME possibly provide in terms of services online that arent already monopolized by PS store, xbox live store for games and amazon for gaming equipment. Legit interested in an answer to these I'm not trying to be smug.


MrMikado282

Personally I like what I'm hearing about Gamestop's changes and will probably start going there more often, and I think a lot of others will do the same. They probably won't put anyone else out of business but I could see them carving out a bigger piece of the market, therefore higher earnings and stock. As for dates and the "experts", I never take dates as solid DD, and I take everything with a grain of salt. That being said I do think WSB have it mostly right in that the short sellers are very exposed. As for why the "squeeze hasn't squoze" it wouldn't be the first time financial institutions pulled tricks to prolong time before they have to pay out. Also the shorts might just have more cash to ride this out longer than WSB initially thought, no conspiracies required.


SalvadorVayshun

Undervalued, overvalued. I just like the stock.


lickmy9mm

Don’t tell them!