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I can't say that I understand all of that. I put in a premarket buy at 143. Small amount.
less than last time. I think the stock may get halted from time to time, but I don't think they will restrict buys like they did last time.
Look at the bottom of the call ladder:
Good luck to you. Change your life and dont look back.
I don't like losing other people's money so I am not going to advise what people should be doing. I have made my money in this stock mostly below $8.00. I never buy at the open. You can watch volume in 1 minute intervals on Yahoo finance charts. Buy at a wave of red volume that pushes the stock down.
Good luck, but I will say I completely disagree with the company’s real worth. What’s happening and what happened has no correlation with the real worth of the company. The action is all the options and other stuff you are talking about. That’s just gaming the stock in the same way shorts attack stocks. It’s absolutely possible that Cohen turns around the mess, but the stock reflects the fact that there’s a huge risk in that and that their revenues are still declining and they are becoming less relevant every day.
Topic maybe for a different thread, but I disagree.
I got into ARKQ at the end of last week and I'm just going to bail today and eat the loss :(
Yeah watching these torpedo every day is sad even though they are supposed to be long term investments.
I nearly got in on ARKK and ARKG on Monday. Glad I held off. Even with yesterday's rise, I'm real leery of going in too big right now. Outside of some picking, I'm staying mostly in cash until there's real strength. At least more than one day here and there.
Pre-pandemic my teenage kids loved going to the mall and hanging out. Of course they don't have a lot of money to actually buy much but they did make some purchases. It was a magical experience for them to actually see products before purchasing them.Topic maybe for a different thread, but I disagree.
While the vast majorty of shopping will be done remotely, there will always be some level of physical shopping. This is why Im huge on WMT, TGT and Best Buy (dont own). People will always want to go into stores to look around. Its a social experience.
I believe at some level we will always want a store like Game Stop. A place to go inside to look and explore and touch. I believe GME is perfectly positioned for this. I believe this whole frenzy couldnt have been better brand management for GME even if Lebron James himself signed on to the board of directors. Now, does this mean the stonk is worth $500? Prolly not, but I believe the company has a great outlook if people can get outside of their tiny box thinking.
Yesterday someone mentioned to me that the roaring twenties was the roaring twenties because of the pandemic. Lots of people died, everyone couped up, all folks needing an escape. Im wondering if the we are going to have another set of raring twenties with people overdoing the social components of humanity once CV is over. If so, I think we can see a tremendous amount of support in these types of industries.Pre-pandemic my teenage kids loved going to the mall and hanging out. Of course they don't have a lot of money to actually buy much but they did make some purchases. It was a magical experience for them to actually see products before purchasing them.16 minutes ago, JAA said:
Topic maybe for a different thread, but I disagree.
While the vast majorty of shopping will be done remotely, there will always be some level of physical shopping. This is why Im huge on WMT, TGT and Best Buy (dont own). People will always want to go into stores to look around. Its a social experience.
I believe at some level we will always want a store like Game Stop. A place to go inside to look and explore and touch. I believe GME is perfectly positioned for this. I believe this whole frenzy couldnt have been better brand management for GME even if Lebron James himself signed on to the board of directors. Now, does this mean the stonk is worth $500? Prolly not, but I believe the company has a great outlook if people can get outside of their tiny box thinking.
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I believe people are learning to support local. It will take more time, but $5 here or there isnt that much for people to comprehend.
Kids love malls because they don't have houses and can't go to bars. But malls are dying/have died because kids don't have money and adults don't go.
No, but again, they don't have a lot of money to spend. Their mean ol' dad has invested most of their money for them in stocks.
My retail experience is limited to CostCo, Safeway, Home Depot or Ace Hardware, Sports Basement (REI-like but better) and an occasional splurge at an outlet mall. Otherwise, it's all online. I buy a ton on Amazon, I watch YouTube reviews fo figure out product interests, I rely heavily on ability to return items for free, free shipping, etc.
Again, the numbers show a struggling falling revenue picture. Stores are pretty much all open at this point. My boys used to love going in GameStop but now they can watch people play games online. One of the top reasons I went in there was to trade in stuff or buy used games. There are less and less used games now. It’s funny that you think the social experience is a key when GME’s earnings highlighted the online shopping angle and it’s growth (mainly due to having a small starting base) and Cohen’s experience is all online.Topic maybe for a different thread, but I disagree.
While the vast majorty of shopping will be done remotely, there will always be some level of physical shopping. This is why Im huge on WMT, TGT and Best Buy (dont own). People will always want to go into stores to look around. Its a social experience.
I believe at some level we will always want a store like Game Stop. A place to go inside to look and explore and touch. I believe GME is perfectly positioned for this. I believe this whole frenzy couldnt have been better brand management for GME even if Lebron James himself signed on to the board of directors. Now, does this mean the stonk is worth $500? Prolly not, but I believe the company has a great outlook if people can get outside of their tiny box thinking.
It's not set to a generic, "You can't trade something at X times its value." For shares under $X - whatever threshold they set - there is one limit. For shares under $Y, there is a different limit. Usually dollar-based. They aren't standard across brokerages. When we were at the height of CYDY, some people could set $100 sell limits even though it was a sub-$5 stock. I'm at Fidelity and could not. It's not because Fidelity hates CYDY. It's programmatic.OK - still not making sense to me, but if you say thats the way it is
