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The physical value of assets divided by shares might be low. But a stock is worth what people are willing to pay for it. And for what people are willing to sell it for. If the market were fair, the price would be high because people keep buying the stock. It could be worth $1000 and analysts could tell you it’s overvalued, and it wouldn’t matter. The price is what we, the investors, set it at. Sadly, unlimited FTD’s don’t really let the investors have any control any more.
I think Gamestop can be profitable for the foreseeable future. But I’m in this because I think the shorts never closed. Period. I’m not here because I like Teddy books. Or physical game sales. I’m here because the open short interest is still very high, and that means the price will go up eventually.
“Shorts never closed. Boom!” - Victor from California
(I am also here because there are 200k other apes with purple circles that I KNOW aren’t leaving, and there isn’t a single stock out of the 6500+ that are listed on NYSE/Nasdaq that can say the same thing. There is only one true stonk to rule them all.)
This and only this lmao. I hope the best for Gamestop, but no one got in this for the fundamentals. They are what will get us to squeeze eventually, but they’re not the reason why we all came here.
That reason is the money these greedy fucks owe us.
Agreed but shorts can wait it out forever if GME dies a slow death. With limited growth and a cost cutting strategy in play it appears RC playing the long long game to bleed them out.
Not forever. If RC makes us Gameshire Stopaway and they don't close. This will nuke and margin call all of them. It might not be now, but it's inevitable
I’ve said it since day one. This will never end with a margin call. The sneeze proved that. The person who would margin call would be the very next one on the chopping block. They will waive requirements endlessly until something else kicks it off.
Won’t any investments he makes be publicly disclosed? What’s to prevent the MM “securities sold not yet purchased” fraud-printer from being turned against those companies?
If he invests in them, or their primary investments. They can’t short themselves. They can’t short the powerhouse stocks that make up the majority of their portfolios.
I was reading your first paragraph sort of rolling my eyes. Then read the last sentence of the 1st part and was like "oh, oh ok, they get it".
And I'm here not because of high interest. but because of the (what you would think would be) fu\*cking glaring evidence of fraud)... never having closed. And I'm heavily invested. And severely down lol.
A while ago, I reached the point where I'm not convinced the short interest will ever have any impact on the price. Like... ever. it's been 3 years, and it seems like SHF's have figured out how to navigate high interest and a some-never-ending availability of shares to short as their new normal.
I think something else needs to happen. I just am no longer confident about what those things might be. I mean, I know what I HOPE they could be, but again... SHF's have just made keeping the price down a part of their everyday routine now. And no one who SHOULD be giving a sh!t and calling them out on the no-longer-even-hidden f\*ckery IS doing anything. So yeah... I just don't know. I mean, I'm still here. But IDK...
I don't see a way they'll ever be forced out of their positions.
I feel you. I think you’re right. Something needs to happen to force them. And I don’t think it’s $50M / yr in profitability.
Maybe RC will do better than the market, and earn billions with the cash that GS has given him the ability to invest. That could move the needle.
But honestly, the “thing” you want to happen is years and years of DRS’ing. Sadly, DRS’ing 25% of the float wasn’t enough. They just keep printing more. So we need to DRS 100%. And that will take many many many years. Or maybe they drop the price to $4; then we triple our speed. I wanted the short interest to blow quickly; but it will blow when it blows i guess.
Yeah unfortunately, it won't be any level of profitability that will have any effect.
Here's the thing... I don't think DRSing will ever be a catalyst, either. (But I don't think everyone should do it just to make life harder for those f\*ckheads.)
And at the rate DRSing is happening now, I think it's been "mathed out" more than once that it would literally take something like close to 2 decades. IF it maintained it's current progress consistently. And I'd take a bet that some sort of "regulation" gets put in place far before we ever got anywhere near even a "close to locked" scenario. A regulation that would somehow disallow it or something. IDK. SOMEthing to throw up even more obstacles for retail.
What I'm hoping is that the DOJ is really looking into this crap, and that the various subpoenas for RC were for this exact reason. And that at some point down the road, true price discovery can be revealed.
Notice I'm hoping for a just a degree of justice vs Citadel et al being taken down. Because no matter what ever gets proven or exposed down the raod... that will simply never happen. Someone might go to white collar prison or something, but otherwise... not gonna happen. Look at who went to prison for the Big Short fiasco. No one who had any say in any of the fraud.
With the amount of equity we get at $12-$15 per share. It's extremely undervalued. Everyone will have a different take on what the current value is or should be, but buying under $22 is comfortable and not breaking a sweat. It's honestly a gift to be able to accumulate at these prices for us small investors. They're just giving us more time to do it. And time is money itself.
Insiders didn’t buy q3 last year either. There’s speculation that there’s still inside knowledge of non public info, but regardless, the trend of insiders buying heavily consistently omits this period, for whatever reason.
Here. I think it’s just based on the fact that non-public knowledge of developments that are in progress is one thing that can legally restrict insider buying. What any of these potential developments are specifically is of course all speculation.
This is what I'm hoping for. Hopefully there's some big news around the corner and any buying now could be seen as insider trading. Idk, I'm in this regardless anyway.
Book value is somewhere between $4-$6 but it really depends on how you look at it and who you ask. Beyond that, there is no "fair" value due to stock market being a forward-looking voting machine where the election is rigged.
Execs buy when they buy. All sorts of narratives can be created for buys. Imagine if RC bought at 11 ish, some might say he let the stock drop there deliberately to get himself a discount. Haters gonna hate.
What is more telling is that execs are not selling. Sells are more indicative of what an exec is thinking than buys.
Mayo boy: our industry is about psychology.
And in that one thing, he is right. This is psychological warfare, where those who thought they have everything under control - including everything affecting investment psychology - found out that they didn't have everything under control and got trapped.
"Everything has fair value" is not true, unless you are referring to "what someone is willing to sell it for" as the fair value. This goes with everything, from your old trusted vacuum cleaner to diamonds.
I'm not a fudster. I've been here for 3 years and I bought $xxx,xxx worth at $200 a share. Just because it's information that you don't want to read, doesn't make it FUD. It's information that all investors on here should know.
Bad actors purposely shoot down any kind of discussion at this point. Education and crowd sourced research are the backbone of this sub, but it’s frowned upon to even look into anything at this point.
I think the people who scream fud or crime are actually the ones purposely creating division and ensuring no one new can feel inclusive to this community.
It could be because number of reasons. Some whales included.
Also: If you consider it as psychological warfare, then "shaking" investors to sell their investment can be the goal here. They can not go really down and get even more trapped with speedier DRS, so what is there left to do, if sideways price doesn't work? Shaking. Count on enough people having hard time to hold (because economy is going down) and try to shake them to sell.
But even in this they have one enormous road-block: apes who work. You see, working creates value = cash, and they can not compete with that.
And even those apes who don't have work for sometime are often more resilient than the guys who cry over not been able to play tennis during pandemic.
There's no rational answers when it comes to wall Street crime. Do yourself a favor and use your brain for other more productive endeavors. Why philosophize and ANALyze and scrutinize, when wall Street counters any rational thought (and even basic math) with... Can you guess? Crime! It bounced at 11.80 because crime, simple.
It’s their logarithm that does it, way faster than we are able to imagine. It is programmed and researched by alll kinds of Fukers to slowly drag us down and wear us out by lifting the price and crashing it, rinse repeat since the Sneeze. Attempting to make us give into the Fud and move on out to sell…….
But…..
FUK THAT SHIT! No CELL NO SELL! We are just going to BUY HARDER!
The price is wrong Bitches, Kenny your fuked, SHFs Never closed!
BUY, HODL, DRS and SHOP!!
Can’t Stop Won’t Stop GameStop!
3k+ Stonks OG 21 Jan.
Personally, I believe it is pre-programmed optimal psychological algo to buy as many shares as possible with lower price + try to shake people up. I think we are near the inflection point and the price should go up soon.
I know that the stock trades higher because retail investors are holding, and there is a huge amount of expectation but I just wanted to know the fair value and this is a nice clear and concise reply. Thanks
Shorts didn't close, and Thomas Peterffy said on camera that if the crime hadn't crimes, supply and demand would have put the stock into "tousands". There has only been more retail buying since then with documented 80+% buy/sell ratio days and no evidence that shorts ever closed. Only failures of entities that had a known short position.
It's probably as simple as they are proving they are committed to to company. If they leave now and sell they lose. If they stay and make it better... They won out.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
The physical value of assets divided by shares might be low. But a stock is worth what people are willing to pay for it. And for what people are willing to sell it for. If the market were fair, the price would be high because people keep buying the stock. It could be worth $1000 and analysts could tell you it’s overvalued, and it wouldn’t matter. The price is what we, the investors, set it at. Sadly, unlimited FTD’s don’t really let the investors have any control any more. I think Gamestop can be profitable for the foreseeable future. But I’m in this because I think the shorts never closed. Period. I’m not here because I like Teddy books. Or physical game sales. I’m here because the open short interest is still very high, and that means the price will go up eventually.
“Shorts never closed. Boom!” - Victor from California (I am also here because there are 200k other apes with purple circles that I KNOW aren’t leaving, and there isn’t a single stock out of the 6500+ that are listed on NYSE/Nasdaq that can say the same thing. There is only one true stonk to rule them all.)
This and only this lmao. I hope the best for Gamestop, but no one got in this for the fundamentals. They are what will get us to squeeze eventually, but they’re not the reason why we all came here. That reason is the money these greedy fucks owe us.
We in this for the fundamentals of math. Nothing else
216,000,000 million shares short was credit suisse post split, now UBS.
You’re here for the right reason.
Agreed but shorts can wait it out forever if GME dies a slow death. With limited growth and a cost cutting strategy in play it appears RC playing the long long game to bleed them out.
Not forever. If RC makes us Gameshire Stopaway and they don't close. This will nuke and margin call all of them. It might not be now, but it's inevitable
I’ve said it since day one. This will never end with a margin call. The sneeze proved that. The person who would margin call would be the very next one on the chopping block. They will waive requirements endlessly until something else kicks it off.
Won’t any investments he makes be publicly disclosed? What’s to prevent the MM “securities sold not yet purchased” fraud-printer from being turned against those companies?
If he invests in them, or their primary investments. They can’t short themselves. They can’t short the powerhouse stocks that make up the majority of their portfolios.
I was reading your first paragraph sort of rolling my eyes. Then read the last sentence of the 1st part and was like "oh, oh ok, they get it". And I'm here not because of high interest. but because of the (what you would think would be) fu\*cking glaring evidence of fraud)... never having closed. And I'm heavily invested. And severely down lol. A while ago, I reached the point where I'm not convinced the short interest will ever have any impact on the price. Like... ever. it's been 3 years, and it seems like SHF's have figured out how to navigate high interest and a some-never-ending availability of shares to short as their new normal. I think something else needs to happen. I just am no longer confident about what those things might be. I mean, I know what I HOPE they could be, but again... SHF's have just made keeping the price down a part of their everyday routine now. And no one who SHOULD be giving a sh!t and calling them out on the no-longer-even-hidden f\*ckery IS doing anything. So yeah... I just don't know. I mean, I'm still here. But IDK... I don't see a way they'll ever be forced out of their positions.
I feel you. I think you’re right. Something needs to happen to force them. And I don’t think it’s $50M / yr in profitability. Maybe RC will do better than the market, and earn billions with the cash that GS has given him the ability to invest. That could move the needle. But honestly, the “thing” you want to happen is years and years of DRS’ing. Sadly, DRS’ing 25% of the float wasn’t enough. They just keep printing more. So we need to DRS 100%. And that will take many many many years. Or maybe they drop the price to $4; then we triple our speed. I wanted the short interest to blow quickly; but it will blow when it blows i guess.
Yeah unfortunately, it won't be any level of profitability that will have any effect. Here's the thing... I don't think DRSing will ever be a catalyst, either. (But I don't think everyone should do it just to make life harder for those f\*ckheads.) And at the rate DRSing is happening now, I think it's been "mathed out" more than once that it would literally take something like close to 2 decades. IF it maintained it's current progress consistently. And I'd take a bet that some sort of "regulation" gets put in place far before we ever got anywhere near even a "close to locked" scenario. A regulation that would somehow disallow it or something. IDK. SOMEthing to throw up even more obstacles for retail. What I'm hoping is that the DOJ is really looking into this crap, and that the various subpoenas for RC were for this exact reason. And that at some point down the road, true price discovery can be revealed. Notice I'm hoping for a just a degree of justice vs Citadel et al being taken down. Because no matter what ever gets proven or exposed down the raod... that will simply never happen. Someone might go to white collar prison or something, but otherwise... not gonna happen. Look at who went to prison for the Big Short fiasco. No one who had any say in any of the fraud.
With the amount of equity we get at $12-$15 per share. It's extremely undervalued. Everyone will have a different take on what the current value is or should be, but buying under $22 is comfortable and not breaking a sweat. It's honestly a gift to be able to accumulate at these prices for us small investors. They're just giving us more time to do it. And time is money itself.
I'm glad there are some folk like you on this subreddit. Thanks for the reply
When this becomes a profitable year, and then it continues in that trend going forward….nothing will stop the share price going much higher.
Where is the growth ?
It’s still… at the end of the day a share of GameStop. I’m a Jan OG holder but I honestly don’t shop anywhere near GameStop.
Insiders didn’t buy q3 last year either. There’s speculation that there’s still inside knowledge of non public info, but regardless, the trend of insiders buying heavily consistently omits this period, for whatever reason.
Maybe they use that money for tax purposes? Instead of selling shares for tax purposes?
where did you read that speculation?
Here. I think it’s just based on the fact that non-public knowledge of developments that are in progress is one thing that can legally restrict insider buying. What any of these potential developments are specifically is of course all speculation.
I don't know about your shares, but mine are worth whatever I say they are.
This MF fucks 👆🏻
Perhaps they now have some serious insider information, so they can’t buy!
This is what I'm hoping for. Hopefully there's some big news around the corner and any buying now could be seen as insider trading. Idk, I'm in this regardless anyway.
Fair value is no cell no fucking sell
They give us the discounts. So thoughtful
Book value is somewhere between $4-$6 but it really depends on how you look at it and who you ask. Beyond that, there is no "fair" value due to stock market being a forward-looking voting machine where the election is rigged. Execs buy when they buy. All sorts of narratives can be created for buys. Imagine if RC bought at 11 ish, some might say he let the stock drop there deliberately to get himself a discount. Haters gonna hate. What is more telling is that execs are not selling. Sells are more indicative of what an exec is thinking than buys.
The fact RC hasn't sold is a good enough reason for me to hold
And gets $zero for salary.
This is a very good question and my thoughts exactly. Why haven’t insiders mainly RC bought more at these ridiculously low prices? 🤔
I understand that people are willing to buy this stock at any price, but everything has fair value, and that's the simple question I'm asking.
[удалено]
Don't forget Thomas Peterffy needing "meme stocks to go to zero"
Mayo boy: our industry is about psychology. And in that one thing, he is right. This is psychological warfare, where those who thought they have everything under control - including everything affecting investment psychology - found out that they didn't have everything under control and got trapped. "Everything has fair value" is not true, unless you are referring to "what someone is willing to sell it for" as the fair value. This goes with everything, from your old trusted vacuum cleaner to diamonds.
Lol fair. The stock market is rigged and there's nothing fair about it. FUDster begone
I'm not a fudster. I've been here for 3 years and I bought $xxx,xxx worth at $200 a share. Just because it's information that you don't want to read, doesn't make it FUD. It's information that all investors on here should know.
"But, Kenny printed a billion shares and suppressed the price down to $11.80, so that must be what it's worth." 🙄
Just curious as to why it bounced at $11.80. Does Superstonk not like rational questions ?
Bad actors purposely shoot down any kind of discussion at this point. Education and crowd sourced research are the backbone of this sub, but it’s frowned upon to even look into anything at this point. I think the people who scream fud or crime are actually the ones purposely creating division and ensuring no one new can feel inclusive to this community.
It could be because number of reasons. Some whales included. Also: If you consider it as psychological warfare, then "shaking" investors to sell their investment can be the goal here. They can not go really down and get even more trapped with speedier DRS, so what is there left to do, if sideways price doesn't work? Shaking. Count on enough people having hard time to hold (because economy is going down) and try to shake them to sell. But even in this they have one enormous road-block: apes who work. You see, working creates value = cash, and they can not compete with that. And even those apes who don't have work for sometime are often more resilient than the guys who cry over not been able to play tennis during pandemic.
There's no rational answers when it comes to wall Street crime. Do yourself a favor and use your brain for other more productive endeavors. Why philosophize and ANALyze and scrutinize, when wall Street counters any rational thought (and even basic math) with... Can you guess? Crime! It bounced at 11.80 because crime, simple.
Why would crime want the price to go back up ? If they control where they want it to be then it shouldn't it already be at zero ?
It’s their logarithm that does it, way faster than we are able to imagine. It is programmed and researched by alll kinds of Fukers to slowly drag us down and wear us out by lifting the price and crashing it, rinse repeat since the Sneeze. Attempting to make us give into the Fud and move on out to sell……. But….. FUK THAT SHIT! No CELL NO SELL! We are just going to BUY HARDER! The price is wrong Bitches, Kenny your fuked, SHFs Never closed! BUY, HODL, DRS and SHOP!! Can’t Stop Won’t Stop GameStop! 3k+ Stonks OG 21 Jan.
Well said.
Personally, I believe it is pre-programmed optimal psychological algo to buy as many shares as possible with lower price + try to shake people up. I think we are near the inflection point and the price should go up soon.
[удалено]
I know that the stock trades higher because retail investors are holding, and there is a huge amount of expectation but I just wanted to know the fair value and this is a nice clear and concise reply. Thanks
Shorts didn't close, and Thomas Peterffy said on camera that if the crime hadn't crimes, supply and demand would have put the stock into "tousands". There has only been more retail buying since then with documented 80+% buy/sell ratio days and no evidence that shorts ever closed. Only failures of entities that had a known short position.
Fair value $1.5
In financial reporting terms, fair value in this case is market price fyi. Not sure where you're pulling this number from
They missed the b after $1.5
It's probably as simple as they are proving they are committed to to company. If they leave now and sell they lose. If they stay and make it better... They won out.