/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

Cheetahman said:
Perhaps.
I'm sure that would be much more effective with less "oh nonono GMEcucks" and more actually posting retard losses for others to see.
At least everybody else managed to link to what they were laughing at.
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After the squeeze I genuinely plan on buying back in to GME.
Game stop is pairing with Microsoft
1615394501480.png

https://news.microsoft.com/2020/10/...ltiyear-strategic-partnership-with-microsoft/
www.nasdaq.com

GameStop Inks Multi-year Partnership Deal With Microsoft

(RTTNews) - GameStop Corp. (GME) Thursday said it entered into a multi-year strategic partnership agreement with Microsoft Corp. (MSFT)
www.nasdaq.com www.nasdaq.com

In an earlier post I said how I think GME can become the Amazon of Vidya
- Create an easy digital distribution platform (Microsoft could help with this)
- Rental service rather than a membership you pay for to get a discount that has different tiers or caters to niche markets (like JRPG rental plan, obscure fighting game rentals plans, Top teir all access rental pass, etc).
- Free computer building when you purchase your parts from GameStop (Microsoft would probably throw in a discount for their OS if they do this)
- Get rid of useless inventory by pairing loot boxes with rental plans. Make it pick up only. Kids eat that shit up and it gets them in the store.
- Offer the ability to have any game delivered to your store for pick up. Use distrobution similar to Amazon (they hired an ex Amazon data specialist)
- Turn Gameinformer into a free paper selling ad space rather than a shitty magazine no one wants to pay for
- No more focus on selling and rather focus on service.

I wanna add more to these thoughts..

The Microsoft team up is a bigger deal than people think. Microsoft only made the Xbox to not lose market share. If game stop works out a way to keep Xbox/PC dominance in gaming and Game stop focuses on making it as easy as possible to get into PC gaming and stick it to GeekSquad (Best Buy is a massive competitor to Game Stop and GeekSquad is absolute dogshit, even if it isn't super profitable a massive blow to GeekSquad is a hell of a win). If GME can even make a digital software solution that runs well, shows you both physical and digital games available, and can launch games from other store fronts through their launcher (Steam, Epic, Ubisoft, EA, Rockstar, Bethesda, etc.) Sounds crazy right? Well keep in mind every company wants to sell via their own storefronts to not pay steam 30%. If they don't try and push being a competitor but rather a consolidation software that doesn't interfere with these companies selling through their own store they could become a dominant launcher. I think Microsoft at the very least is hoping GME can revamp their dead store.

Offering subscription services similar to an EA play for multiple companies via their service would be a massive game change.

Ya know how Selling used games pays fuck all? Well that probably won't change (unless they embrace some Ebay style marketplace and that would be risky as fuck). However what GME can do if they embrace a rental program is offer a month free or so one of their rental tiers. Customer sees it as a win because all you can play games for a whole month of what ever tier is offered. GameStop wins because they just improved their rental library for free.

If they can pull that off with software that is clean, good looking, easy to use, then the price we are seeing now won't be shortsqueeze it will be the norm.

Now get rid of your safe corporate "GAMER XD" talking head retards playing 24/7 in store and replace with people who actually play videogames stuff talking about obscure things in certain rental plans, little known things you can do on a system, FAQs answered for dumb parents, and embrace stock market meme crap with the WSB tounge and cheek approach you will have a store front people will want to spend time at.

I'd also suggest getting into board and Figurine stuff. Board games are still games and the fans of them are loyal as fuck and a place where people can learn/get into that scene where there is a bare minimum hygine requirement will get people in the store.

Edit: Gay afterthought...
I believe Microsoft is gonna try and do the following to get dominance in gaming:
- If you buy the Xbox version of their games at a Gamestop (which will push Xbox harder) you get a free PC version as well. Before you think free version of a game you can give away/sell, they will most likely make you link it to a specific verification method tied to an account.
 
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Welp it just crashed super hard, was at 345 now its at 216.
 
Korpon said:
Welp it just crashed super hard, was at 345 now its at 216.
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We've seen this before. It's also not necesarily a bad sign for a short squeeze
1615398110655.png

I know the volks wagon squeeze is not the same, but it definately looks familair. Most likely you are seeing the people who bought at $300 cashing out cause they didn't break even until now. If I bought thousands at $300per share, yeah I'd be selling too.
I'm gonna buy if it goes to $100 or lower.
I also have no clue if short attacks can still happen, but I want to see this through to the end, win or lose.

Edit: less than 5 minutes and it went from $190 to $262.
I genuinely think the people who bought at $300 sold cause they didn't wanna lose if it turns out GME doesn't squeeze
 
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Cheetahman said:
Perhaps.
I'm sure that would be much more effective with less "oh nonono GMEcucks" and more actually posting retard losses for others to see.
At least everybody else managed to link to what they were laughing at.

In related news, GME hit 315 again.
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$GME also hit $172.00 today.
$GME at $255.96 and jumping like crazy. I'm not touching that 'dancing knife'.
No doubt, it's Biden Bux that is making it swell (imo).

I hope it goes to 400 again. I really do.
Seems to be a relatively effective way to get redditors to self delete.

(btw- there is no 'short squeeze', there are <30% shorted positions now. 75%-300% in Jan WAS a squeeze, All hedgies have exited the majority of $GME short positions)
Also here are some neat recent Bloomberg article highlights relevant to this topic...
----
Hertz, the Original Meme Stock, Is Turning Out to Be Worthless
By Steven Church
March 2, 2021, 1:17 PM CST

Company saw stock soar as high as $5.53 after Chapter 11
Bankruptcy exit plan would leave nothing for shareholders
----
Here's a scary one, about Turk-roaches that paint patio bricks to look like copper. Made me LOL.

Trader Buys $36 Million of Copper and Gets Painted Rocks Instead
By Andy Hoffman
March 9, 2021, 6:39 AM CST

Commodities trader Mercuria says it is the victim of fraud
Thieves in Turkey switched painted paving stones for copper
 
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Neil said:
lol even after that blatant market manipulation, it's back on the rise again
This stock is nigh fucking invincible.
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We may live in a time where a dying brick-and-mortar company whose entire market strategy is criminally underpaying people for used video games legitimately becomes a $300/share business.

clownworld indeed.

edit: from what I’ve gathered, GameStop has basically become a playground for hedge funds since January. Half of them are shorting the fuck out of the stock and the other half is buying it in anticipation of the shorts. I don’t think virtually any of this is due to retail investors.
 
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proteus4994 said:
We may live in a time where a dying brick-and-mortar company whose entire market strategy is criminally underpaying people for used video games legitimately becomes a $300/share business.

clownworld indeed.

edit: from what I’ve gathered, GameStop has basically become a playground for hedge funds since January. Half of them are shorting the fuck out of the stock and the other half is buying it in anticipation of the shorts. I don’t think virtually any of this is due to retail investors.
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I'm skeptical about hedgies playing anymore with GME.
Hedgies are the worst swine in finance. With a second round of congressional 'investigations' and the SEC now paying attention to social media...
...smart thieves would find another mark.

Only the DUMBEST of criminals return to the crime scene.

(However, this is clownworld...)

$GME closed at $265.00, still hopping up and down in postmarket. Nuts.
 
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Neil said:
lol even after that blatant market manipulation, it's back on the rise again
This stock is nigh fucking invincible.
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I doubt it's manipulation. There are probably plenty of people who bought in when it was cheap the first time around, held the first time actual manipulation killed it, and told themselves they'd be happy with their millions if they got out next time it got to >$300 levels. Anyone who bought that dump down to $200 won't do the same thing. Then there's also people who bought at $300 the first time and just wanted their nightmare to be over, lol.
This'll keep happening to some degree but between the new DTCC ruling, Gamestop press release; and deadlines, stimmies, and general fun of the 19th most people will stay put for the next week, plus they're doing an earnings report and investor meeting the week after that.

Edit: after looking back through the day, yeah it was probably manipulation.

George Cuckzunian said:
He's not a shill, just a guy that wanted to laugh at retards.
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And now he's the retard. Makes u think
I wonder what the next cope will be after trying to pivot to "well even if you were right it's not REALLY an ideological victory" didn't land. At least we don't have to read /biz/ to see what the shills are saying when they have a dipshit parrot.
 
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Gimmick Account said:
I doubt it's manipulation. There are probably plenty of people who bought in when it was cheap the first time around, held the first time actual manipulation killed it, and told themselves they'd be happy with their millions if they got out next time it got to >$300 levels. Anyone who bought that dump down to $200 won't do the same thing. Then there's also people who bought at $300 the first time and just wanted their nightmare to be over, lol.
This'll keep happening to some degree but between the new DTCC ruling, Gamestop press release; and deadlines, stimmies, and general fun of the 19th most people will stay put for the next week, plus they're doing an earnings report and investor meeting the week after that.


And now he's the retard. Makes u think
I wonder what the next cope will be after trying to pivot to "well even if you were right it's not REALLY an ideological victory" didn't land. At least we don't have to read /biz/ to see what the shills are saying when they have a dipshit parrot.
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Nobody made fun of your 'diamond hands' as you HODL for $1000.... So what is with the hate?
Is there something more here than making money with the slot machine known as the Stock Market?

I was fucking right about $GME for ~4 weeks. That''s better than 90% of the fucking traders.
Also, I MADE money on $GME. That's better than 99% of r/WSB. Probably more.

Volatility is NOT a good thing in a stock. Even if it is going up.

(edit: FYI: I have temporarily exited all market positions. I know a buddy who is a trader. He told me: "Nothing in the market in the past 6mo makes any sense. If you are smart, exit and reevaluate." He pulled $45MM (personal investments) USD out of all markets, including futures.
My strat:
-Understand WTF is happening, and where the flight to safety will occur.
-Re enter the markets, preferably BEFORE the USD becomes the Wiemar Deutschmark)
My Fears:
-Inflation will eat the USD
-The Petrodollar defaults to a new currency
-Repeat
-No Profit.
ANYWHERE.)
 
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mindlessobserver said:
Anyone not turning their stimulus check into Gold Bars or a Crypto is a fool. I don't know how long these idiots can maintain this insulting charade of infinite US dollars but eventually reality will hit. There is no free lunch
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If the dollar collapses and they can't pay people to run the electrical plants how is Crypto gonna function?
Especially after the Solar Winds hack.
 
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