90% of people will lose on this stock. Probably higher.

Probably , 90% of people have no idea what theyre doing. But if you bought or some variation of invested into it at this low price and hold onto it until the buyback or into it, it’s a pretty fair shot at making quite a bit of money. People selling too early, too late, or making total random calls and puts are going to have a bad time.

It’s no longer at a low price

It might have a second wind but it’s going back to sub 8$

Yeah i mean it was best to get it when it was dollars or less before the whole craze. And you’re right its going to fluctuate low and high probably many more times before the buyback. But the cap of what it could go to once the buyback starts is hypothetically limitless and the same thing has happened with other companies. So if people sell before the buyback, theyre f***ed. Also is investing in this the wisest thing to do when the buyback could take years compared to the opportunity cost of having another investment like crypto? It’s probably smart to have a foot in it but only time will tell.

This stock in the last 5 years has done one thing 97% of the time.

It’s a dead company. The internet can crowd buy it again and make 2/10 people 60-120% and the rest will slowly watch their investment fade

No buyback is going to make a difference here. This is terrible advice to go anywhere near this stock.

People will blindly throw down 5k at this stock when they could go to a roulette table and throw down 5k on red and get 100% gain or 100% loss in 3 minutes.

It’s the exact same thing no difference

except game stop you won’t lose 100% if you have equity. Maybe 60-80%

The math says the buybacks will squeeze the price. The companies performance has nothing really to do with it. I could link it to you but I have a feeling you have your mind made up about this. Ill reply to this comment again in the future when it happens. This isnt gambling, it’s a highly probable outcome. (For what its worth I currently dont have any money in it) Just because the buyback hasnt happened yet, doesn’t mean it wont. Past price fluctuations have absoltely nothing to do the buyback. Look up what happened to Volkswagen in 2008. They’re similar situations.

Damn covid times

The buy back will only allow the peak to be higher that’s all big dog.

They cashed in on the expensive shares and diluted the stock back then and now they will buy back again?

It’s a joke. Highly probable the stock will move up….highly unlikely many will profit from it.

It is gambling. Buy any stock is gambling but buying a dead company that is being crowd bought is gambling.

You could have bought nvda at the same time this popped off and had a better return and hold equity in a company that will be around in 10 years.

Just want some users not to be enticed by this group Ponzi scheme

My understanding is they literally have to buy it all back again. It’s still as heavily shorted as it was when this started. They didnt cash in on expensive shares. The loan hasnt expired yet and nobody knows when it will. If you can show me data that shows their loans have expired and theyre no longer being shorted I will change my mind. It is literally not a ponzu scheme lol other people buying a stock that is from a crappy company has nothing to do with the price going up in this instance. It is by definition of the word, not a ponzi scheme. Also comparing stocks to gambling is completely inaccurate lol just because theres an element of risk doesnt make something gambling. Is buying a house gambling too because you might not sell it at a higher price? Are index funds gambling? Just because lunatics do gamble on stocks, doesnt make buying stocks gambling. Anyway im not continuing this conversation. People should do their own research on it and if they do, they’ll probably come to the same conclusion as me which is it’s a good idea to be involved in a responsible way.

The sec report on GameStop actually stated it was only hype that drove up the stock.

They haven't even begun to buyback.

The myths are true. If they have to buyback every share it is a black swan event

However....have the financial markets ever played fairly?

Not the ones whove been accumulating this entire time.

Especially around the 11 dollar range.

But those that fomo in will.

That's why only the ones who stayed in get rewarded the most.

That’s exactly what I tried to explain. The price increase had nothing to do with the reason why the people were invested into it anyway. You’re right the only thing holding this thing back is financial markets being exploited

Now I know you don't know what you're talking about.

It isn't a dead company. They've been profitable for two quarters and have 2 billion dollars in cash reserves.you can say it's not apple or some giant behemoth but GameStop is nowhere close to being bankrupt.

SHILL

SPY in nature should always go up over time. It will slide in times of crisis but as long as the world continues to turn and business continue to grow the S&P will continue to grow. It could dip and take a decade to get back to the peak ie 01-11? But it will come back.

Housing will always increase because inflation. Property values may drop which in turn negatively hit your housing value but inflation will cause your house to gain value over an extended period of time.

GameStop buying back shares has nothing to do with the fact that it’s a dying company gasping for air. All the buybacks do is shrink the float making it more easier to manipulate and it can go higher. I don’t know how man shares they plan to buyback vs how many there were prior to the massive run and dilution, but even if they get it back down to that number it doesn’t matter.

The stock will pop 60-120%. Some will make money and even more will lose. It happened last time with gme, amc, bb, and others.

“Many will do research and side with me”
And maybe they will win. But the only way they win is if millions of people decide to artificially inflate a stock price momentarily until it’s eventually deteriorates back to nothing.

And yet the stock continued to crater until some internet figure re appeared.

It’s not dead. It will be eventually.

The company was heavily manipulated. You have done zero research into this other than a surface level summary.

If you think one man posting on Twitter saved the stock miraculously you aren't paying attention. It was rising before he posted.

Also, it has enough money to transform completely. It may not be the same company but the time they've put that 2 billion towards it's plan.

The stock was not manipulated

Their revenue shrunk

Their operating margin rose

Ie they probably closed more stores and people lost jobs.

Nothing about this stock is being manipulated why is that hard to understand?

It f***ing fell for a year straight.

It opened in January around 17.

And right before that dude came back it was back at 17 after falling to a low of 10.

May 13th it popped and broke out. Let me know when the dude posted

Lmfao sure buddy, no manipulation at all.

I'm done trying to tell people about this. Everyone can believe what they want

You sound like a conspiracy theorist.

Its a bs game when will the crowd push the low float stock higher

I'm not. But it's more of a conspiracy theory to think one single redditor can squeeze a stock whenever he wants.

He should've just been doing that all this time since it's just a free money button.

Unless he's doing it for another reason..

But yeah, you do you man

He can’t squeeze himself wtf are you talking about?

But he can’t start a hype train behind it, which he did.

Go back a few pages and even you posted the tweet? Why did you post that tweet? Because he is correlated with that stock. You know that. I know that. Thousands of others know that. They think his return means something big is gonna happen (sound familiar aka conspiracy theorist).

Idc if you create a position and make 500k. I’d be happy for you and any poster that makes off with bank. But the reality is many will lose and lose a lot. Many lost originally and blamed Robinhood or citadel or dark pools or whatever. I would like to minimize losses from impressionable people.

A lot of them lost money because the brokers shut off the button to buy more shares. What happened was actual bullshit.

we are so back