Fantasy Football - Footballguys Forums
Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
Stock Thread (12 Viewers)
- Thread starter St. Louis Bob
- Start date
Bossman
Footballguy
Or, .... vote to issue more shares!
That way the company makes more money ... and there's plenty of shares for everybody!
It's a win / win ... unless you're long and hoping for a squeeze.
David Dodds
Administrator
Has GameStop acquired Toys R Us?
I offer this:
https://www.toysrus.com/favicon.ico
which looks exactly like this:
https://www.gamestop.com/favicon.ico
I offer this:
https://www.toysrus.com/favicon.ico
which looks exactly like this:
https://www.gamestop.com/favicon.ico
Last edited by a moderator:
McBokonon
Footballguy
Now they just need to lock up Electronics Boutique and KayBee Toys and the digital transformation will be complete.
urbanhack
Fight The Power!
These calls are entering into-the-money zone and roughly up 75% from last week. If you're trailing this trade, you may want to de-risk by selling half (or all, for your conservative types) and free-rolling the rest for next week.
Charlie Harper
Footballguy
This would be suicide for their business. Huge overlap between diamond hands and potential customers.
Offer free popcorn and you can quintuple the outstanding shares with no concern. Maybe a free mousepad?
I still am blown away by AMC volume and price. At its all time peak back in early 2017, the price was mid $30s so the current price is $49 so you could casually think that’s only 50% better not way out of range. Problem is that business was way better at the peak and there are now 5x the number of outstanding shares so the price at the current streaming/post-pandemic world is really $250 compared to peak revenue no streaming world. The company certainly isn’t worth 8x the peak especially considering how much debt they added as well.
Last edited by a moderator:
BassNBrew
Footballguy
You can come in here every day and spew your sense but the apes are still going to trample your lawn.
Capella
Footballguy
ConstruxBoy
Kate's Daddy
Keerock
Footballguy
McBokonon
Footballguy
Capella
Footballguy
Desert_Power
Footballguy
I know this is a joke, but Electronics Boutique merged with Gamestop like 16 years ago and ToyRUs owns the now closed KayBee Toys. So....they've already cornered this white hot market.
BassNBrew
Footballguy
2Squirrels1Nut
Footballguy
I am liking it, will continue to hold my 5% dividend yield on original purchase though. Just wish I had had more funds to buy more shares a month or so back.
ChiefD
Footballguy
For me, I'm holding this one long-term. My cost basis on this thing is .007 and I have 138,000 shares.
I really like the technology and it seems things are progressing for them. They are supposed to be putting together their manufacturing facility now.
This thing yo-yo's up and down quite a bit. It will ride high like this and then drop out below .02. You may be able to get away with selling all of it and rebuying again under .02.
-OZ-
Footballguy
Thanks, I was looking for something to zero out my account. In for 43 shares!
(Schwab doesn't charge commission)
Last edited by a moderator:
It did not originate with me. But I did buy a chunk a few months ago, free-rolled half after a doubling and then exited the position (I don't remember when). With the more recent endorsement a couple weeks ago, I bought back in for 100000 shares at about two cents. With the penny stocks, I am looking for a double-up to sell half then ride the rest until you need the cash or slowly unwind the position.
Looks like they are buying a few more things too. Lol.
https://amp.reddit.com/r/Superstonk/comments/nvtodl/toys_r_us_has_gme_logo_next_to_it_when_you_search/
I don’t mean to be Debbie Downer, but what do you like about the technology? The company profile has them in downtown NYC but this demo:
https://m.youtube.com/watch?v=De6YVUrs2y8&feature=youtu.be
Doesn’t look like it’s in NYC, more like a room above the local pizzeria or in the local high school.
That’s not the most professional demo and if it takes multiple minutes to scan a 12 foot PVC pipe, how long would it take to scan a pipeline? Also, the description of the equipment was hysterical, dude is a natural. I’m assuming cash is tight.
I’ve seen this ticker a bunch of times so I’m honestly interested in your view on the tech and what’s better than the competition.
identikit
Footballguy
Ok, Eeyor.LOL
Please watch the video, it’s very entertaining. There is a couple minute pause since the dude filmed it with his iPhone and nothing was happening.
Last edited by a moderator:
identikit
Footballguy
David Dodds
Administrator
Stonks only go up. #GME
Bob Sacamano
Footballguy
"Pre-earnings options volume in GameStop (GME) is normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 28.5%, or $90.54, after results are released. Median move over the past eight quarters is 15.1%."
One
Not Allowed In Mexico
Last edited by a moderator:
Caveman33
Footballguy
Is it true that GameStop said in their meeting today that "more than a majority of shares voted"?
Even if the vote count comes in under the outstanding total, I'm sure it will be chalked up to manipulation, etc. This reminds me of QAnon.
Umm, it absolutely borders on conspiracy at times with reading into tweets, images that a web site developer uses that look similar to a logo and job postings, comparing a company to Amazon (if you recall the Nikola CEO did this right before the dive/scandal costing him his job and GM pulling out), etc.
I know I’ve said this before, but any type of fundamental review of these companies would produce market caps way, way lower than they are now even with some rosy projections. RIDE is the first example where the company’s true fundamentals start a breakdown. The comical part of this is that the big reason for the run ups is the the huge daily retail volume (5x the total short shares in AMC’s jump). The only way some of these companies will survive, I didn’t save prosper, is the cash that the retail investors are handing over to the companies in terms of dilution.
It is a fascinating story and will be a really good read when it all gets dissected to know who really made out like bandits.
If you didn’t get to the raspberry pi and oscilloscope discussion or the 2 minute pause of silence, then you missed the best parts!
Last edited by a moderator:
Caveman33
Footballguy
I think everyone here understands this and I assume most of the larger holders of these stocks also understand. But it seems they have roped in a lot of diamond handed fools who don't know the difference between share price and market cap. Now I may be the biggest fool of all because I might lose everything betting against them. I am feeling more optimistic after hearing how GME carefully phrased that "more than the majority of shares voted" comment. It has caused some people to doubt but they may have been bears to begin with. QAnon thinking is strong so as Ryan Cohen said in the meeting today, "Buckle up."
I would never bet against it because it’s a lot of money pushing on the door, between true believers, FOMO folks who don’t really get it and non-believers who get it but are happy to make money.
On the carefully worded statement, I was thinking about the same thing. More than the majority means 50.1% not 400% or whatever crazy numbers you hear about. Reminds me of the last earnings call where they tried to mask the real overall revenue decline (even with two new consoles) using same store sales being up because the had closed so many stores.
Caveman33
Footballguy
Yea, I have regrets but I am stubborn and will see it through. Someone offered a reasonable explanation that the statement is standard for shareholder meetings to establish that a "quorum" has been met. My initial reaction was in response to the Superstonk mods who excitedly declared this confirmed their wild theories. AMC is floating a similar conspiracy so I am looking forward to it being settled once and for all.
Caveman33
Footballguy
I see someone shared this excerpt from the meeting:
"I am pleased to report results of proposals are as follows: Mr. Sherman, Mr. Attal, Mr. Cheng, Mr. Cohen, Mr, Grube, Ms. Xu have each received a majority of the votes cast and they have been elected to records. (Can't make out the beginning of the next sentence due to crowd noise)... have been approved by 44,852,722 million votes constituting 93% of votes cast on this proposal."
That should be some cold water on the conspiracy enthusiasm but who knows.
"I am pleased to report results of proposals are as follows: Mr. Sherman, Mr. Attal, Mr. Cheng, Mr. Cohen, Mr, Grube, Ms. Xu have each received a majority of the votes cast and they have been elected to records. (Can't make out the beginning of the next sentence due to crowd noise)... have been approved by 44,852,722 million votes constituting 93% of votes cast on this proposal."
That should be some cold water on the conspiracy enthusiasm but who knows.
McBokonon
Footballguy
The beauty of conspiracy theories, whether they be all of the GME conspiracies, pizzagate, Q-Anon, or end-of-world doomsayer scenarios, is that someone bad behind the scenes in the shadows probably ruined this date, but there's always the next date with the next big event.
Caveman33
Footballguy
https://www.youtube.com/watch?v=TSlF3TEmLEA
In case anyone is interested, you can hear this excerpt at about the 8:30 mark.
JB Breakfast Club
Footballguy
Thanks for this. The audit firm vote also noted 54M votes cast. We also had CEO/CFO announced, potential 5M share offering, and earnings beat (but still negative). Lots to digest...
dkp993
Footballguy
So the rocket ship gamma squeeze is pretty much off the table now?
I’d image the stock stays within it normal range of fluctuations because of all the apes and diamond hands, but the upward pressure seems to be a fiction at this point.
Capella
Footballguy
