LogFAQs > #949737658

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Topic	Stock Topic 14
Lopen 01/20/21 11:03:07 PM #28:	I mean keep in mind you could argue that growth is priced in at this point. This is a company that was hovering around the $4 level since 2019. This isn't a business that got wrecked by the Coronavirus. I'd say being bullish on GME is thinking it'll come even close to holding current values. Expecting it long term to get even higher than it is now is something beyond that. That's why I think the long term puts are really appealing right now. Gamestop could grow over the next few years and be fairly valued at around $20/share. If you can get a $40 put you basically get free reign to sell puts forever and if it actually goes bankrupt that's just gravy. --- No problem! This is a cute and pop genocide of love! <cite>Lopen posted [p:949737658] in Stock Topi... [t:79250132]...</cite> <quote>I mean keep in mind you could argue that growth is priced in at this point. This is a company that was hovering around the $4 level since 2019. This isn't a business that got wrecked by the Coronavirus. I'd say being bullish on GME is thinking it'll come even close to holding current values. Expecting it long term to get even higher than it is now is something beyond that. That's why I think the long term puts are really appealing right now. Gamestop could grow over the next few years and be fairly valued at around $20/share. If you can get a $40 put you basically get free reign to sell puts forever and if it actually goes bankrupt that's just gravy. --- No problem! This is a cute and pop genocide of love!</quote> ... Copied to Clipboard!
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