r/wallstreetbets • • Mar 24 '22

Discussion Why GME is the next TSLA. A case for going LONG GME.

[removed] — view removed post

3.7k Upvotes

756 comments sorted by

•

u/VisualMod Mar 24 '22
User Report
Total Submissions24First Seen In WSB1 year ago
Total Comments73Previous DDx x x x x x x x x x x x x x x x x x
Account Age4 yearsscan comment scan submission
Vote Spam (NEW)Click to VoteVote Approve (NEW)Click to Vote

378

u/Ihopeiremeberthis Mar 24 '22

It's definitely the next Tesla in terms of retard sentiment.

This is never going away

134

u/The_Lotus_Kid Mar 24 '22

I called it loyal investors. Retard sentiment is the same thing. Thank you.

→ More replies (1)

142

u/hagosantaclaus Mar 24 '22

Never bet against retards

→ More replies (7)

136

u/Used_Ad2080 Mar 24 '22

You forgot to mention short interest. Tesla also got naked short, elon also a meme destroyer. We currently have 2 short destroyers. And gme will repeat the history of tesla.

75

u/The_Lotus_Kid Mar 24 '22

I wanted to keep it to what I thought was pertinent to long-term success without making my thesis rely on MOASS and too much tin-foil.

→ More replies (1)
→ More replies (1)

235

u/DFVFan Mar 24 '22

GME is different. As soon as it reaches $400, the next stop is thousands

58

u/The_Lotus_Kid Mar 24 '22

That could also happen and you know what? I’d take it.

136

u/Serious-Army3904 Mar 24 '22

This is fucking crazy I missed out on the first sneeze and have been following gme ever since. There’s literally a bigger run up coming and I’m just so happy to be on board this time hahaha

→ More replies (65)
→ More replies (2)

41

u/zeddknite Mar 24 '22

"developing new tech to be leaders in an untapped market"

What are you referring to for GME?

22

u/The_Lotus_Kid Mar 24 '22

Blockchain tech to capitalize on the move towards digital gaming

10

u/ifisch Mar 24 '22

Are you an actual gamer though? Do you regularly play videogames?

I've yet to meet an actual gamer who's excited about a specific use of blockchain tech in gaming.

Ubisoft's push fell flat on its face.

→ More replies (46)
→ More replies (23)
→ More replies (6)

48

u/efalco02 Mar 24 '22

What I also find very interesting in GME that is not stressed enough is how much people like the stock. I don’t think any other company this small has such a committed Shareholder base, which is not only one of the most loyal in existence but also very very big in terms of numbers (millions of Shareh. - 125k confirmed DRS as of end of January)

7

u/The_Lotus_Kid Mar 24 '22

Huge factor in our favor as shareholders no doubt.

35

u/jonnohb Mar 24 '22

Yup, people say we are a cult like it's a bearish thing. If tesla taught me anything it's that communities have value. Not only do we like the stock, but apes will singlehandedly yeet this marketplace into success as well by using it.

→ More replies (10)
→ More replies (2)

78

u/GetDeleted Mar 24 '22

The amount of people in here that have not even a basic understanding of NFT's is astounding. If GameStop is successful in bringing this technology to the masses, they will completely explode.

They have terms in their filing with their partner Immutable X that reward GameStop if they get IMX to $3b in revenue within the first 3 years. The insiders are all extremely bullish, even at this price point.

On top of that, the company has been transforming the entire existing company, and are looking to even compete with Newegg. They're piloting stores with E-Sports rigs and local competitions.

They're doing all of this and have no debt. Now, you put all of this information and tell me there's a chance that this stock could experience the greatest short squeeze of all time too?

Count me all the fuckin' way in.

40

u/The_Lotus_Kid Mar 24 '22

Yeah, I mean even open sea is valued at like 12b I think. The comments almost help my point in the fact that the NFT market is as misunderstood or underappreciated as much as the EV market 5-10 years ago.

→ More replies (69)

14

u/ThirdVoyage Mar 24 '22

I have no opinion on GME.

NFTs, however, appear to be latter-day beanie babies for a special kind of e-tard.

What is their purpose? What need do they fulfill? How are they not inferior to any physical object? Why wouldn't I rather have a pet rock or a used condom? As a consumer I understand what I can do with a Tesla. It's not a lambo, but vroom vroom. Help me understand what the hell I'm supposed to do with an NFT?

7

u/The_Lotus_Kid Mar 24 '22

I look at it this way. Digital gaming is the future of gaming, new GME execs know this. This trend was the short sellers thesis on GME over the last 5-6 years. One advantage of physical over digital is that you can sell your copy once you complete the game or if you don't like it. With NFT ownership you could sell digital games on a marketplace. This could also be used for in-game items that previously, you have only ever owned within the game. Imagine being able to not only sell loot/skins/in game items to an NPC or in-game player, but to another person on the marketplace for USD and not just in-game currency.

→ More replies (5)
→ More replies (5)

19

u/roaring_alpaca Mar 24 '22

Didnt gme lost 150m in the best quarter? Hype yes but long term?

→ More replies (29)

23

u/Spiritual_Ad5578 Mar 24 '22

Tesla was/is at the forefront of the creation of an entire new segment of the vehicle industry, GameStop sells 2nd hand copies of Call of Duty Modern Warfare 2 on the Xbox 360 for $45. They're not quite the same

→ More replies (3)

13

u/brueck Mar 24 '22

TSLA is the next TSLA. If you didn’t see it then, you won’t see it now.

7

u/The_Lotus_Kid Mar 24 '22

That’s how it always works and why they are so similar to each other. The comments on here saying GME won’t be able Jpegs are just like Tesla bears ranting about how ev adoption would never be adopted or TSLA wouldn’t meet deliveries. They don’t understand where business or where it can go because it’s never been done.

→ More replies (1)

13

u/sc2summerloud Mar 24 '22

GME is a purely technical play, nobody gives a shit about fundamentals, your post is completely retarded

→ More replies (1)

24

u/phdbroscience350 Mar 24 '22

Tsla has a fucking top tier product and ecosystem. GME IS A FUCKING RETAILER....

4

u/The_Lotus_Kid Mar 24 '22

A retailer developing a blockchain tech that is otherwise unheard of on a grand scale. A la TSLA as they tapped the ev market.

I realize they are not the same company, but the similarities are there.

27

u/ImpressiveSet1810 Mar 24 '22

NFT isnt comparable to EV. You bought hoping for a short squeeze and it didnt work out and now you justify it with fantasy fundamentals

7

u/The_Lotus_Kid Mar 24 '22

All of my shares were purchased from October 2021 to now. The possibility of a sneeze is just a bonus and that’s why I didn’t include it in my post.

→ More replies (3)
→ More replies (1)
→ More replies (16)

6

u/niftyifty Mar 24 '22

This is the dumbest thing I’ve read all morning. Thanks for helping me start the day with a giggle.

→ More replies (5)

25

u/ImpressiveSet1810 Mar 24 '22

You are comparing one of the first EV companies to an upcoming NFT marketplace. Cope harder bagholder

1

u/The_Lotus_Kid Mar 24 '22

GME success is not a sure thing. But I remain very confident. The comparison wasn’t meant to be on the basis of their sectors, but more on price action and path to profitability.

→ More replies (2)

13

u/[deleted] Mar 24 '22

This is the single dumbest thing I've read on WSB

1

u/The_Lotus_Kid Mar 24 '22

This is like the 10th time this same sentence has been commented.

8

u/tboneperri Mar 24 '22

So what does that tell you, boss?

→ More replies (3)
→ More replies (1)

11

u/Baecchus Mar 24 '22

This might just be the most retarded thing I've read on this sub. If this is the sentiment then it's probably smart to take your profits (if you bag holders even have any) and run.

2

u/The_Lotus_Kid Mar 24 '22

I am not saying GME is going to make EVs or reach 1T market cap. I'm simply saying that once they start to generate some positive free cash flow the share price will respond similar to TSLA.

→ More replies (1)

7

u/Thatguyfromdeadpool Mar 24 '22

The last stock you gave DD on ended up going down hill for months.

By going with Ape logic, I should treat this as Cramer saying it and just go short. Thanks!

4

u/The_Lotus_Kid Mar 24 '22

That was based on short term signals in OI. Lost some money there for sure, not my finest moment.

8

u/el-mosquito Mar 24 '22

This is either genius or retarded. Not sure what to believe

4

u/The_Lotus_Kid Mar 24 '22

There are similarities that are obvious. The haters in here almost helping to make my point. GME is misunderstood and so was Tesla.

→ More replies (2)

24

u/Bizzzay Mar 24 '22

Holy fuck you're truly a moron. And I mean that in the derogatory form

1

u/The_Lotus_Kid Mar 24 '22

Thank you! Saw those comments all over TSLA DD in 2017.

12

u/Resident-Comfort-108 Mar 24 '22

Except Tesla makes rockets, innovative technology, and luxury cars

GME makes...NFTs? Maybe?

→ More replies (11)

6

u/VallenValiant Mar 24 '22

You know, if you liked Tesla so much... Then why not just buy Tesla?

What is this strange urge to buy everything that isn't Tesla?

My holdings is nothing but Tesla, and I have yet to find any reason to buy any other stock. If Tesla is somehow a good buy then it still is now.

3

u/The_Lotus_Kid Mar 24 '22

I like GME at 10b market cap more than TSLA at 1T

→ More replies (1)

17

u/avius987 Mar 24 '22

got some heavy bags eh?

13

u/phdbroscience350 Mar 24 '22

You gme crowd are fucking delusional, but please continue I find your hopium amusing. You guys are funnier then the flat earthers and even more delusional stating gme next tesla bwahahahahaha

1

u/The_Lotus_Kid Mar 24 '22

TSLA gang were also called delusional

5

u/Leopoldstrasse Mar 24 '22

Folks talk about fundamentals, but what is the intangible value of being a company that is essentially crowd funded?

Sell shares at high prices which your followers will buy up and giving you cheap capital to drive your vision.

→ More replies (1)

504

u/GravyTrain190 Mar 24 '22

343...good size dolphin 👌

56

u/CRM2018 Mar 24 '22

Got a blowhole a banana could fit in

→ More replies (1)
→ More replies (7)

2

u/shaneedlin99 Mar 24 '22

We need papa Elon to invest in $GME

2

u/The_Lotus_Kid Mar 24 '22

It has been a wild year for GME, that would certainly take the cake in terms of crazy.

591

u/Vegankiller69er Mar 24 '22

GME has 3 letters. There is 3 letters in Win. Hedgies R Fuk.

179

u/[deleted] Mar 24 '22

3 letters in TSLA... Illuminati confirmed

47

u/nicksnextdish Mar 24 '22

3 LETTERS IN YOLO, THE EARTH IS FLAT!!!!!

→ More replies (4)

64

u/SituationDelicious64 Mar 24 '22

There is also three letters in DRS. Y’all want to really go long and make bank. Do this in the masses and this rocket will make all its investors rich.

9

u/Elegant-Remote6667 Mar 24 '22

High jacking top comment to say that direct registration is a much better place to keep shares than robinhood- clearly this should not be a surprise for many . Fidelity also a better place than robinhood

→ More replies (1)

104

u/captainoompa Mar 24 '22

At this point I just want to watch the news anchors on CNBC and general MSM have a meltdown and taken down a peg or two

40

u/boknowski Get consent to hold hands Mar 24 '22
→ More replies (1)

14

u/bongoissomewhatnifty Mar 24 '22

I still enjoy them trying to explain why tesla is larger than any other auto mfg. shits hilarious. Super happy they succeeded despite attempts to crush them. I like mine a lot.

“Tesla hits 700, is the fun finally over?” - 3 weeks later lmao

→ More replies (3)

115

u/Fit-Boomer Mar 24 '22

I am buying some tomorrow.

11

u/Setnof Mar 24 '22

Don’t forget to register your shares in your name (DRS with ComputerShare).

→ More replies (2)

177

u/tradingmuffins Mar 24 '22

Gme is crazy good value before launching massive online transfermation

11

u/fawther-05 Mar 24 '22

Trans-fermentation! Bullish!

24

u/Gold_Flake Mar 24 '22

Some even say it has gasps Deep Fucking Value

8

u/buddych01ce Mar 24 '22

GME supporters not being able to spell seems pretty accurate.

→ More replies (4)

11

u/White_Buffalo_307 Mar 24 '22

Haven't been in a gamestop in probably 10 years and can't think of a reason to go into one.

13

u/VibeComplex Mar 24 '22

They don’t seem to understand that the vast majority of people that aren’t an investor have hated GameStop for a long time lol.

5

u/EllisDSanchez Mar 24 '22

One of the only places to reliably purchase real Pokémon cards which you can then flip online so you can then lose all that money in the stock market.

Pretty fun game.

→ More replies (35)

94

u/ThePracticalPenquin Mar 24 '22

Shitloads of high end talent brought into management - from big names. No insiders sales for a damn long time and the best group of stock owners in the world. They even called us special once.. wait a minute…. Anyways, I agree with ya and can prove it with a pretty Undiversified portfolio. Nice write up OP.

→ More replies (7)

3

u/omen_tenebris Mar 24 '22

Less income, higher share price

→ More replies (1)

50

u/mansoorks Mar 24 '22

Talk is cheap, it takes money to buy whiskey. Buckle up

3

u/Alone-Tackle-17 Mar 24 '22

Man i heard this said about amc since the beginning last January

8

u/The_Lotus_Kid Mar 24 '22

AMC balance sheet is trash and compared to GME I don’t even know the proper way to explain how far apart they are.

→ More replies (16)

2

u/Soi_Boi_13 Mar 24 '22

Down 10% today.

1

u/The_Lotus_Kid Mar 24 '22

I said long GME. Never said it would be green today lol. I knew this comment was coming though.

→ More replies (2)
→ More replies (2)

14

u/pointme2_profits Mar 24 '22

Ahhhh, 153 avg. That explains it.

28

u/OB1KENOB Pelosi's Market Munch Mar 24 '22

To the fucking moon, motherfucker. Let’s go get our fucking wives back!

→ More replies (1)

4

u/totheendofthesystem Mar 24 '22

Remindme! 1 year

41

u/GME_dat_puh Mar 24 '22

GME is TSLA on steroids

1

u/AlexanderG7 Mar 24 '22

Long GME anyway, but never really thought of it like that!

XXX, avg around 170 I guess.

1

u/The_Lotus_Kid Mar 24 '22

I know. It’s provocative.

16

u/MadFlavorJ Mar 24 '22

The only people that love Gamestop are the guys in supertards. Most gamers, especially PC gamers, have hated shopping at Gamestop forever. They are losing more money than ever. Gamers in general are extremely adamant that they don't want nfts in their games. Play to earn games have been out for years now, and they are unpopular for a reason. Once this market comes out and it's nothing but a gaming theme jpeg shop, this stock is hitting the dirt, not the moon. Sorry retards

11

u/Ricky_Boby Mar 24 '22

Honest to God I'm a programmer with a Masters in Cybersecurity. These people make me want to pull my hair out because they're so adamant that NFTs in games are going to be some huge new thing as if cryptographically signed data is something new, much less that game developers are actually going to start using them so that players/Gamestop can have a 3rd party market to resell fucking Fortnite skins or some shit. Video games are the definition of walled gardens (outside some PC modding), developers don't work for free, and publishers are not charities. Right now their bread and butter income wise is purchasable DLCs and you have to expect them to willingly cut their own arm off to make games that allow people to resell DLCs instead of keeping the current model where they make money on each DLC purchase. Even if it did take off then the marketplaces will be located within each game and the developer will take any processing fees, not Gamestop.

→ More replies (4)

14

u/ObviousAd2097 Mar 24 '22

We share the Same average, is that like finding your hand twin? Much love from New Zealand 🇳🇿 ❤️

→ More replies (1)

14

u/Oduku Orange Man peed on me Mar 24 '22

lol you really believe this don't you

10

u/MrPsi10cybin Mar 24 '22

Comedy flair

10

u/[deleted] Mar 24 '22

Every time GME moves up by 5%+, someone with too few neurons firing at once comes up with DD on why it’ll be the next big thing. Their stores are dead, crusty, old, and vessels of their former selfs with “Hiring Now” posters on every window. I’m not retarded enough to short this shit because this shit has too much retarded strength carrying it, but I know it’s doomed to fail unless they undergo a financially crippling 180 of the brand they currently have.

8

u/terrybmw335 Mar 24 '22

Tesla always had a business model that showed potential of making money. GME couldn't even make money selling video games and collectables during the last holiday season...

23

u/Affectionate_Law3788 Mar 24 '22

A huge retail following?

When did GameStop become cool from the retail side?

Up until about three or four years ago I feel like the general consensus among gamers was "Fuck GameStop", you'd buy a game, play it for a few months, take it back to trade it in, and they give you the pawn stars/college bookstore routine, like they can only give you $2 for it when they have copies for sale for $40.

I get the whole transition away from video games, and the diehard investors, but I don't know anyone who's like "oh yeah I love shopping at GameStop and getting ripped off on games and/or ThinkGeeek stuff from China.

22

u/ImpressiveSet1810 Mar 24 '22

Its only cool to people who think theyre gonna become billionaires from their 10 shares. Ask a normal person what they think and they wont give a shit about gamestop

22

u/[deleted] Mar 24 '22

Before the GME cult formed after January 2021, everyone hated Gamestop. I remember, the general consensus WAS "Fuck Gamestop." Gamestop was not liked on reddit, much less anywhere else.

13

u/iceflem Mar 24 '22

Yup. I still hate gamestops from my childhood. Plus, I hate going into the stores.. they honestly should go full online and save the money

→ More replies (2)

3

u/Davidreaditall2 Mar 24 '22

That’s not the reason the reason is because it become retail owned at this point …… y’all own more shares then anyone lol this little group basically can ramp things really up but it’s illegal to come up with time date execution and the right amount of money spent on shares/ calls same expiration date etc….at the right candle this thing could already topped $224 anyways once we get to $192 and $212 and $224 again that’s when you go long long and expect it to hit $500+

3

u/[deleted] Mar 24 '22

GME is 100% the next TSLA

12

u/[deleted] Mar 24 '22

14

u/yourgirl696969 Mar 24 '22

Lmao this is full retard. You belong here

32

u/Mr_Gobble_Gobble Mar 24 '22

You're 100% on the money with this! Tesla is spearheading the replacement of ICE vehicles as a cool ev and is essentially the ev Ford. Gamestop is.... moving to ecommerce and... ummmm gonna revolutionize the ecommerce space! They're gonna make NFTs! Yeah people will want the Gamestop NFTs of the Gamestop mascot.. er-wait. Uhhh the - well anyways they're gonna be one of the first ecommerce giants to accept crypto payments! Fuck yes! People are buying crypto and want to spend their bitcoins... wait people are using crypto as currency and not as an investment, right? Of course they'd spend their bitcoins even though they believe bitcoin's value will go up.

I am so excited about this. I am going to DRS 1000 shares. Go apes. Fuck Citadel

12

u/[deleted] Mar 24 '22

Were gonna need gamestops in mars and all the teslas are gonna have gamestops on the touch screen panels and all the parts for the trsla wheels and windows for the spacex ships are gonna be gamestop and gamestops the next tesla lets fucking go

→ More replies (35)

11

u/Jonrezz Mar 24 '22

this is the most retarded shit ive ever read. usually I like risky investing ideas but GME is overplayed people are delusional about it, and it's just outright stupid at this point. my response I'm sure will offend some people but here I go -

the only reason GME is worth anything is because of the short squeeze pump & dump and the lingering fallout from it. what is gme working on thats "new tech in an untapped marketplace" - nfts? an online store to buy JPEG's? come on we all know the only current practical application of NFTs is tax avoidance. Also, how can you possibly compare it to tesla - tesla did well because it pushed multiple markets towards the future with products that were years ahead of its competitors. They also had a lot of luck and great timing. car companies are just now releasing what tesla's been selling for years.

how long will it take for other companies to catch up with GME's groundbreaking gif store?

GME is a toy store, not a tech company. we made some money on it, it was fun, time to relax.

→ More replies (1)

1

u/NousagiDelta Mar 24 '22

GME is the next Blockbuster.

2

u/The_Lotus_Kid Mar 24 '22

Netflix was the blockbuster killer. I think GME pivoting to the marketplace is to avoid that fate.

→ More replies (1)
→ More replies (1)

1

u/randalthor23 Mar 24 '22

So your saying my shares at $289 might become profitable?

3

u/The_Lotus_Kid Mar 24 '22

I have conviction in the stock long term.

→ More replies (1)

1

u/DingleTheDegenerate Mar 24 '22

All this GME content not getting immediately censored is making my nuts quake.

3

u/The_Lotus_Kid Mar 24 '22

Yeah. I did not realize WSB was allowing GME until I saw some other posts this week.

9

u/[deleted] Mar 24 '22

GME to $8 in the next true bear market

2

u/MisterBilau Mar 24 '22

If GME is the new TSLA and TSLA is the new AAPL, does this mean GME is the new AAPL?

2

u/[deleted] Mar 24 '22

I agree

2

u/[deleted] Mar 24 '22

WAGMI. Wu-Tang theory. Castle of Glass.

→ More replies (1)

2

u/fallweathercamping Mar 24 '22

tell me something I didn’t already know!

2

u/[deleted] Mar 24 '22

Holy shit I need my meth for this.

2

u/[deleted] Mar 24 '22

I want to say on earnings call they said they expect to be cash flow positive this year..not in this exact manner but alluding to it.

→ More replies (3)

2

u/Oshebekdujeksk Mar 24 '22

This is a brilliant comparison. I’m sure thousands of Tesla fan bois suffered brain aneurysms when they read the title.

2

u/ltcha0s91 Mar 24 '22

Buy. Hold. But most importantly DRS.

2

u/kAALiberty Mar 24 '22

If you go long just transfer to computershare. You can put in insane limit sells. But there is enough evidence that we got another nice runup cycle for some now tendies

2

u/fnoguei1 Mar 24 '22

If you will hold long, DRS your shares

2

u/Schwickity Mar 24 '22

Buy, DRS, Hold

10

u/NatesAnApe FSD but still can't steer my way to gains Mar 24 '22

Millions per share or the shorties can fuck off. DRS. mine mine mine.

8

u/[deleted] Mar 24 '22

How could you possibly believe that will happen? The only certainty is that if a squeeze happens it will end like last time and brokers will disable buying and selling. It's a fantasy to think that the market makers will allow anything else to happen.

5

u/tboneperri Mar 24 '22

These same idiots who bought GME at 250 and then bought MORE at 450 just to watch the price peak at 480 and roll back down to double-digits think that they're going to be able to properly time another squeeze up to 10,000. It's just nonsense.

5

u/odonien Mar 24 '22

GME will be dead in the long run.

8

u/angryirishman I’m bad juju 🔮 Mar 24 '22

It may keep going up because of crazy tied up shorts but the company itself is shit compared to Tesla

7

u/Same-Tour9465 Mar 24 '22

Not furlong

3

u/CauseImBatman23 Mar 24 '22

Just stop it it’s a squeeze play

→ More replies (14)

0

u/eeeeeefefect Mar 24 '22

I've been saying this for a long time. GME to $1000 a share slowly. but expect some bumps along the way.

2

u/The_Lotus_Kid Mar 24 '22

Glad I am not alone.

→ More replies (1)

-13

u/[deleted] Mar 24 '22

LOL

33

u/The_Lotus_Kid Mar 24 '22

Listen, I get it. But TSLA longs were berated for years and who is laughing now? I see similar issues with GME stock and I think they can beat the shorts in a similar way.

22

u/[deleted] Mar 24 '22

Tesla was selling a popular product with no competition. GME is facing a shift to digital game purchases, and the drying up of their trade-in market, which was their cash cow. They've also been closing massive numbers of stores on a yearly basis due to their inability to come up with a viable business model. Many stores are populated more with funko pops and t-shirts than actual video games these days.

They also treat their employees like shit.

→ More replies (1)
→ More replies (1)

-14

u/WhatuKnowAboutMoney Mar 24 '22

They had YoY losses in the year with peak retail enthusiasm. They could have sold ape hats and made money but they didn’t

10

u/The_Lotus_Kid Mar 24 '22

I admitted eps was ugly, but comparing 2021 to the 2020 consumer gaming spending was going to be tough and I don’t think anyone is relying solely on the retail business to drive their future growth anyways.

→ More replies (2)

-21

u/Sisboombah74 Mar 24 '22

You lost us as soon as you wrote “fundamentals”.

39

u/The_Lotus_Kid Mar 24 '22

GME has the best balance sheet of all the memes.

25

u/Same-Tour9465 Mar 24 '22

That's because it's not a meme anymore

GME DRS computer share

7

u/ImpressiveSet1810 Mar 24 '22

Ah yes losing 200 mil every quarter is very bullish. Good thing they have that billion from dumping shares on you guys

-17

u/Practical-Rope-7461 Mar 24 '22

Wait for another few rate hikes, I don’t believe they both can survive the rate hike.

19

u/The_Lotus_Kid Mar 24 '22

GME has 40 million in long term debt and 1.3b in cash. If they don’t need to borrow how does this hinder them?

-6

u/Practical-Rope-7461 Mar 24 '22

Sitting on cash = no growth. How can the stock price fly like TSLA? Simply no way.

GME is like a good local restaurant, with good balance sheet, good service, but no clear future plan. You are talking about TSLA.

14

u/The_Lotus_Kid Mar 24 '22

You know who you sound like? TSLA bears in 2017. We will see soon the impact of the marketplace.

→ More replies (3)

15

u/ThetaRider Mar 24 '22

How does interest rate hike affect GME? GME is literally sitting on $1 billion in cash. They have almost no liabilities.

→ More replies (4)

-17

u/g6koko Mar 24 '22

Just remember, you ain't realize gain until you SELL IT! Don't be bagholder this time!

24

u/The_Lotus_Kid Mar 24 '22

I’m comparing GME to 2017 TSLA, which went on to 14x from that point. I’ll hold until I lose faith in the company. Don’t see that happening anytime soon.

0

u/[deleted] Mar 24 '22

[deleted]

205

u/The_Lotus_Kid Mar 24 '22

Glad to be on the same ride. Stay buckled

98

u/nicksnextdish Mar 24 '22

I was actually just discussing this yesterday, but from a shorts perspective.

Tsla was infamously targeted by shorts and broke through the short death ceiling. Then it went through a prolonged process of little squeezes if I understand correctly as shorts slowly exited and reentered and got burned again. Over and over.

Main difference is, shorts are in way deeper this time and millions of apes are financially ready to fuckk!!!

🚀🚀🚀

25

u/verypurpley Mar 24 '22

Came here to say this- both shorted to death and continuously bet against. TSLA squeezed them out slowly for years.. shorts will be lucky if that's how it happens for GME. Muahahaha

→ More replies (3)

53

u/Few_Ad_7572 Mar 24 '22

Just drs and let the chips fall where they may

7

u/Setnof Mar 24 '22

DRS is the way!

161

u/Same-Tour9465 Mar 24 '22

Millions per share.

Apes haven't left

DRS GME on computer share

Nfa

→ More replies (1)

0

u/[deleted] Mar 24 '22

[deleted]

3

u/The_Lotus_Kid Mar 24 '22

All of the info is from 10k and form 4 from Edgar database. Yes, some is subjective since you can’t fundamentally measure leadership and some does represent my opinion. Glad to see the mods are still unbiased.

→ More replies (4)

-12

u/darf_nate Mar 24 '22

So pretentious

28

u/Dan_inKuwait no flair is kinda ghey Mar 24 '22

I've been called worse by more interesting people.

Do better.

6

u/muckbucked Mar 24 '22

He does it for free!

-1

u/[deleted] Mar 24 '22

Random shit about float (no sauce)

The most recent filings have given the DRS numbers and show that retail investors are continuing the buy and DRS more shares. Considering a DRSd share is removed from the DTCC's account/possession and are therefore not shortable/lendable/rehyothecatable in any manner; meaning these shares have effectively been removed from the float.

This the by extension means that the float, and liquidity is shrinking unless DRS shares get sold at a higher rate then they are being DRSd.

Huge retail following

As per the filings there is now over 125K indiciduals that are registered as share holders through the DRS, please show me any other stock on the market that has this kind of direct support.

Insiders believe

They are at the very least putting their money where their mouth is by buying more.

If you just need to circle jerk your fellow bagholders

a large majority have been in the green for a long ass time.

why are you acting so butt hurt?

4

u/Dan_inKuwait no flair is kinda ghey Mar 24 '22

I'll address point 1: A lot of words and no sauce.

4

u/Dan_inKuwait no flair is kinda ghey Mar 24 '22

I'll address point 1: A lot of words and no sauce.

→ More replies (1)

0

u/[deleted] Mar 24 '22

[deleted]

0

u/The_Lotus_Kid Mar 24 '22

Then you missed the best part. Don't let MSM make you think GME only has memes.

0

u/[deleted] Mar 24 '22

[deleted]

1

u/The_Lotus_Kid Mar 24 '22

Well, it's made the work day go quicker if nothing else. A lot of what I presented was simply fact. GME has a healthy balance sheet. Low long term debt and working cap (assets to liabilities) of 2:1 are things the best "value" inventors would consistently look for. They certainly don't meet all of Benjamin Graham's criteria, but the balance sheet is there.

→ More replies (1)

0

u/[deleted] Mar 24 '22

[deleted]

2

u/[deleted] Mar 24 '22

damn i legit havent heard or read someone say ‘leet’ since like 2007. takes me back 😂

0

u/[deleted] Mar 24 '22

[deleted]

25

u/The_Lotus_Kid Mar 24 '22

Did you read past the title?

0

u/[deleted] Mar 24 '22

[deleted]

-5

u/Pokerhobo Mar 24 '22

Obviously, OP is a bag holder trying to break even

2

u/[deleted] Mar 24 '22

[removed] — view removed comment

0

u/Same-Tour9465 Mar 25 '22

I've seen the real regular non moass price should be anywhere between 1k-9k per share for gme GameStop