GME Word Sense - Wallsti

"GOOD" - highly voted

can someone explain to me without bias what is going on with gme? 2024-06-05T22:11:42+00:00 1046 StockMarket

As this saga progresses, it is hard to say what will happen next, but it does seem that there may be an end in sight, as earnings are coming up on 6/11/24, and the annual shareholder meeting is occurring on 6/13/24.
Last tidbit - with all the price action a couple of weeks ago, GameStop did raise nearly another $1B with a share offering of 45,000,000 shares, which did dilute the float by about 15%, but it also now means they have around $2B in cash to invest in other companies or perform targeted mergers and acquisitions.
Fundamentally, it appears the risk of bankruptcy is effectively off the table, which means short positions betting on the stock going to zero are under pressure.
Full disclosure, I do have a long position in GME, but I'll try to answer your question the best I can.
There have been a lot of good answers regarding the turnaround of the company away from bankruptcy and towards profitability.

GameStop shares slide as original meme stock's struggles continue 2024-01-24T05:29:46+00:00 56 stocks

Insiders are buying the stock without a single one selling for any reason other than covering the taxes on vested shares.
There are a multitude of good reasons to be long GME.
They're more than likely about to post their first profitable year since 2018 after q4 results are released
They have over 1 Billion in cash on their balance sheet
They have an activist investor who was just appointed CEO and given control of that 1 Billion to invest as he sees fit.

Baby wake up, DFV posted on twitter 2024-05-13T01:17:02+00:00 51 wallstreetbets

To be explicit: we do not care about effecting societal change, bankrupting the hedgies, or sending people to jail
So, show us your **recently** entered or exited GME YOLOs, your realized (or soon to expire) gains or losses -- shares and options.
Digging into children's books and doing tortured numerology might be fun for you, but it's an eye roll for everyone else.
TL;DR: Make WSB more novel, unique, and interesting and you'll be cheered on.
As the world gets excited once again, this is a good time to remind newcomers and OGs alike what WallStreetBets is about:

"GOOD" - recently

I'm new to day trading and I'm completely lost 2024-12-20T20:43:38+00:00 29 Daytrading

Yo have different types of strategies: Patterns, price action, indicators, news, and so on - you need to find what is good with your trading style (more risky or less risky)
Depends on the process each "trader" takes - it could be that a person did 1000+ trades in a year and didnt get good because he didnt learn from his mistakes and a person that did 500 trades in 3 years and now "understands" what is needed to be done to keep profitable.
You have many different dealerships, grocery stores and etc but they still all make money- competition is never a key in trading - It's you against yourself all the time!
companies can go out of business if investors take their money out of their stock - you had it ALMOST happen to GME and AMC (if you dont know about this case read online)
Thus, people would just make less (because everyone would knwo where market is heading)

Why is everyone so adamant in being a bull? 2024-12-18T22:15:44+00:00 7 Daytrading

They don't really understand the reason behind it or importance of it or why someone might want to do it other than greed and manipulation.
Short selling just kind of always left a bad taste in peoples mouth and it's easy to blame the "damn short sellers" when ur long a stock that's going down.
To me who gives a fuck as long as your making money... that's all we are here to do anyway
I can understand if it's on illiquid stocks but as long as your trading something with good volume and you use a stop it's no different than going long.
A lot of people jus have a mental block with making money on something going down or the "you can lose all your money" thing

Is DRS necessary or paranoia? 2024-12-01T21:01:42+00:00 8 investing

>So I wandering into a GME subreddit today
Your first mistake was listening to anything that financial suicide cult has to say about anyything.
DRS is a fantasy loony toon bullshit which is good for racking up cost and removing access/liquidity so pumper can dump on idiots.

"PLAY" - highly voted

CMV: GME is no longer a video game store, it's now the Ryan Cohen SPAC 2024-06-17T21:49:09+00:00 487 investing

You may not agree with it but the thesis on GME from December 2020 to present had nothing at all to do with the fundamentals of the stock.
It was a purely market mechanics play that could have been about any heavily shorted company, but was about this one.
Acting surprised that the fundamentals don't make sense to you just means you haven't been paying attention.
Retail investors can't 8X a stock's price over the course of a couple of weeks.
Even if Gamestop isn't what its cheerleaders think it is, the stock market isn't what you think it is and that's more important for you to pay attention to.

How on Earth? $AAPL, $WMT, $COST 2024-12-04T01:25:26+00:00 49 stocks

The way it moves makes perfect sense and it's why I used to play with AAPL exclusively because I realized how hedgefunds use AAPL to hedge their risky positions.
Since AAPL broke 200 I don't play with it anymore but it was obvious that anytime a hedge fun got fucked in a meme stock like AMC or GME that AAPL would tank because they're liquidating their winning positions to cover their losing.
AAPL is 100 percent what you're saying, it's an easy investment to throw money in and get returns on and they just hold money in it until they need to sell to recoup loss.

CNN story about meme stocks 2024-05-13T17:24:03+00:00 44 investing

Don't play in meme stocks unless you want to risk getting burned badly.

"PLAY" - recently

Tilray TLRY ready for a reversal? 2024-12-22T18:32:40+00:00 3 pennystocks

It's a misdirection, TLRY was never correlated with GME but bagholders from the well timed '21 pump and dump *think* it was.
No fight APES!
Correlated basket stocks which had their buy buttons turned off in '21: $AAL, $AMC, $BB, $BBBY, $CTRM, $EXPR, $GME, $KOSS, $NAKD, $NOK, $SNDL, $TR and $TRVG
There is a weed play in there, SNDL
but TLRY baggies don't want anyone to invest in that one (which actually could move if GME goes parabolic) because it might take away from their pump!

What is the best financial advice you ever received that helped you become profitable? 2024-12-18T21:18:06+00:00 5 Daytrading

The overall goal is to find about 1.5-2% premium of current stock value in the trade.
I also like to focus on writing calls after the stock has had a few days of nice runs to the upside.
Doing cocktail napkin math, this can create up to 6 to 10 times annually to pick up some additional premium at very low risk of getting exercised.
If it does get exercised and I really like the company, I've no issue buying the stock back on a reasonable dip and looking for the next opportunity to write another call when it's moving to the upside.
The key to success is to ONLY buy great companies that gush cash...don't let yourself get suckered into attempting these strategies with high-flyers / Meme stocks that don't earn a dime for their shareholders (let the GME "kitty cats" play their own game.

Best way to establish a short position on MSTR? 2024-12-07T06:40:52+00:00 10 stocks

If you were extremely well capitalized you can sell far out of the money calls that expire in 2 years and let the cycle play out but here's why even that is dangerous and that's probably one of the safer strategies.
It's either that or shorting the shares directly with defined risk levels
It's either shorting calls or shorting the shares directly and both of those are relatively dangerous so you're going to have to figure out a risk mitigation strategy.
Remember, everyone knew GME was absolutely ridiculous but they made up stories and drove it to the moon and it brought down a hedge fund.
It's extremely unlikely that this is going to end before Bitcoin overheats and none of the multitude of indicators that a person watches when they are trading that asset are in the red zone and only a couple barely touched the yellow

"MARKET" - highly voted

The Intense Hypocrisy Against Retail Investors 2024-06-05T01:35:05+00:00 559 stocks

This is the same fucker who shorted the bond market last year, then announced it, and drove yields close to 5% on the 10 year.

CMV: GME is no longer a video game store, it's now the Ryan Cohen SPAC 2024-06-17T21:49:09+00:00 487 investing

You may not agree with it but the thesis on GME from December 2020 to present had nothing at all to do with the fundamentals of the stock.
It was a purely market mechanics play that could have been about any heavily shorted company, but was about this one.
Acting surprised that the fundamentals don't make sense to you just means you haven't been paying attention.
Retail investors can't 8X a stock's price over the course of a couple of weeks.
Even if Gamestop isn't what its cheerleaders think it is, the stock market isn't what you think it is and that's more important for you to pay attention to.

can someone explain to me without bias what is going on with gme? 2024-06-06T00:56:09+00:00 145 StockMarket

I think that it would also be helpful to mention that a lot of share holders of GME are convinced that they will turn the business around or maybe even do something unprecedented with it.
Many of us do not plan to sell our positions even if there is a short squeeze.
I own all of my shares registered in my own name through the company's transfer agent.
I will only make money in the future if GME becomes profitable enough to start issuing dividends.
People don't often hold through the ups and downs of the market (especially when they got into a stock for the "squeeze play"), but currently the share holders of Game Stop are unfazed by the ups and downs and just waiting to see how the company continues to improve.

"MARKET" - recently

Why only Google has a low P/E? 2024-12-21T00:11:14+00:00 18 investing

It sounds dumb but in this market GME or DJT show that numbers don't really matter as much anymore.
People keep bringing the DOJ issue but antitrust investigations are not exclusive to Google.
Google isn't seen as a cool company while Tesla or Apple are, so their PE are higher.

I'm new to day trading and I'm completely lost 2024-12-20T20:43:38+00:00 29 Daytrading

Yo have different types of strategies: Patterns, price action, indicators, news, and so on - you need to find what is good with your trading style (more risky or less risky)
Depends on the process each "trader" takes - it could be that a person did 1000+ trades in a year and didnt get good because he didnt learn from his mistakes and a person that did 500 trades in 3 years and now "understands" what is needed to be done to keep profitable.
You have many different dealerships, grocery stores and etc but they still all make money- competition is never a key in trading - It's you against yourself all the time!
companies can go out of business if investors take their money out of their stock - you had it ALMOST happen to GME and AMC (if you dont know about this case read online)
Thus, people would just make less (because everyone would knwo where market is heading)

Carvana - A thesis with dates but without a good position 2024-12-17T23:08:34+00:00 7 stocks

There's no way they wouldn't walk away without a severe penalty.
Seems to have stabilized and not sure they can go much higher (always can defy rationality more) and (2) worth it to wait?
Sure, I think they could do that and increase float by 10% at current prices.
However, the penalty would be the same - stock would tank and they'd have to dilute even more for the same outcome.
May not bottom out completely, but 3200 p/e even reduced to 200 p/e is a Market Cap of $3.5B - so they'd have to double.

"BUYING" - highly voted

YOLO 2024-03-23T22:20:11+00:00 84 wallstreetbets

**Yes, little room left to go down, but also little reason for it to go up** while a bunch of regards cling to their dreams of a squeeze they missed out on or were too stupid to sell the first time so they keep buying up share in gamestop like it's a savings account that loses money.
I expect OP and the others posting their GME YOLOs to show your loss porn after your OTM calls never print and expire worthless, don't be a bitch and disappear from the sub.
Or with the $1B in cash, no debts, but also a failed crypto wallet and nft marketplace, no major changes in their e-commerce section, no money spent on renovating their stores so they all look and smell the same as 20 years ago, maybe it just took 3 years for the effects of the meme hype to settle and for the stock to finally find its fair market value in the mid $10s.

What is this Shenanigans?? 2024-05-20T07:37:53+00:00 61 wallstreetbets

I don't believe any of the "beat the man by buying it" "they never closed" "there's tons of fake shares" stuff.
"Hedge funds" is such a weird term to use as if they're all moving in lock step.
Some are probably selling so many different kinds of options it would take a supercomputer to figure out their net exposure.
And I bet there's someone sitting there screaming every time it goes up a buck.
Personally I don't think there's much interesting going on behind the scenes of GME.

GameStop shares slide as original meme stock's struggles continue 2024-01-24T05:29:46+00:00 56 stocks

Insiders are buying the stock without a single one selling for any reason other than covering the taxes on vested shares.
There are a multitude of good reasons to be long GME.
They're more than likely about to post their first profitable year since 2018 after q4 results are released
They have over 1 Billion in cash on their balance sheet
They have an activist investor who was just appointed CEO and given control of that 1 Billion to invest as he sees fit.

"BUYING" - recently

What is the best financial advice you ever received that helped you become profitable? 2024-12-18T21:18:06+00:00 5 Daytrading

The overall goal is to find about 1.5-2% premium of current stock value in the trade.
I also like to focus on writing calls after the stock has had a few days of nice runs to the upside.
Doing cocktail napkin math, this can create up to 6 to 10 times annually to pick up some additional premium at very low risk of getting exercised.
If it does get exercised and I really like the company, I've no issue buying the stock back on a reasonable dip and looking for the next opportunity to write another call when it's moving to the upside.
The key to success is to ONLY buy great companies that gush cash...don't let yourself get suckered into attempting these strategies with high-flyers / Meme stocks that don't earn a dime for their shareholders (let the GME "kitty cats" play their own game.

Beyond Meat (BYND): Short Interest Through the Roof 2024-12-14T16:47:56+00:00 2 investing

Forced' means when shorts face margin calls or liquidations because the price rises sharply.
When you're 45% short on a low-float stock and buying pressure kicks in, it doesn't take much for that domino effect to trigger.
Shorts have to cover to limit losses, which drives the price up even more.

What Are Your Moves Tomorrow, December 11, 2024 2024-12-10T21:21:04+00:00 2 wallstreetbets

Anybody buying GME earnings calls deserves to lose money lol

"COMPANY" - highly voted

can someone explain to me without bias what is going on with gme? 2024-06-05T22:11:42+00:00 1046 StockMarket

As this saga progresses, it is hard to say what will happen next, but it does seem that there may be an end in sight, as earnings are coming up on 6/11/24, and the annual shareholder meeting is occurring on 6/13/24.
Last tidbit - with all the price action a couple of weeks ago, GameStop did raise nearly another $1B with a share offering of 45,000,000 shares, which did dilute the float by about 15%, but it also now means they have around $2B in cash to invest in other companies or perform targeted mergers and acquisitions.
Fundamentally, it appears the risk of bankruptcy is effectively off the table, which means short positions betting on the stock going to zero are under pressure.
Full disclosure, I do have a long position in GME, but I'll try to answer your question the best I can.
There have been a lot of good answers regarding the turnaround of the company away from bankruptcy and towards profitability.

can someone explain to me without bias what is going on with gme? 2024-06-06T00:56:09+00:00 145 StockMarket

I think that it would also be helpful to mention that a lot of share holders of GME are convinced that they will turn the business around or maybe even do something unprecedented with it.
Many of us do not plan to sell our positions even if there is a short squeeze.
I own all of my shares registered in my own name through the company's transfer agent.
I will only make money in the future if GME becomes profitable enough to start issuing dividends.
People don't often hold through the ups and downs of the market (especially when they got into a stock for the "squeeze play"), but currently the share holders of Game Stop are unfazed by the ups and downs and just waiting to see how the company continues to improve.

Is there any other stock on the market that is doing this? 2024-05-07T00:39:40+00:00 66 StockMarket

Larry has purchased a bunch before elected.
What if non-directors employees puschasing shares of GME?
It doesnt even affect the stock price either.
Awarding stock will give employees a ' selling mentality ' which likely will drive the stock price down.
If employees actually believe in the company like he does, they will have to use their own cash to purchase the stock but insiders purchasing has to SEC filing, this will create a positive sentiment for the company which will drive demand and they need that to drive the price higher.

"COMPANY" - recently

Tilray TLRY ready for a reversal? 2024-12-22T18:12:31+00:00 2 pennystocks

Yes Medical Cannabis holds a lot of promise, and if you trust in that and have sufficient funds..just go long..real long.
Because this is only based on that GME stock guy that posted a cryptic message, and some are choosing to use that to pump this stock.
The reality is, all developments - internationally, - around cannabis are waiting on politics.
And the longer that takes, the more these companies need tp stretch their finances and hope to survive another year.
The longs are just waiting for a height to unload, and new bag holders will replace them.

Why only Google has a low P/E? 2024-12-21T00:11:14+00:00 18 investing

It sounds dumb but in this market GME or DJT show that numbers don't really matter as much anymore.
People keep bringing the DOJ issue but antitrust investigations are not exclusive to Google.
Google isn't seen as a cool company while Tesla or Apple are, so their PE are higher.

What is the best financial advice you ever received that helped you become profitable? 2024-12-18T21:18:06+00:00 5 Daytrading

The overall goal is to find about 1.5-2% premium of current stock value in the trade.
I also like to focus on writing calls after the stock has had a few days of nice runs to the upside.
Doing cocktail napkin math, this can create up to 6 to 10 times annually to pick up some additional premium at very low risk of getting exercised.
If it does get exercised and I really like the company, I've no issue buying the stock back on a reasonable dip and looking for the next opportunity to write another call when it's moving to the upside.
The key to success is to ONLY buy great companies that gush cash...don't let yourself get suckered into attempting these strategies with high-flyers / Meme stocks that don't earn a dime for their shareholders (let the GME "kitty cats" play their own game.