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Topic	You guys see what's going on with GameStop's stock?
Lopen 01/24/21 11:26:40 AM #19:	red13n posted... I know a lot of people discovered the stock market during covid, and thats great. But if people blatantly manipulate the market like this with any consistency there could be serious repercussions/regulations that would almost certainly be unfriendly to your everyday person. GameStop is not worth what the market says it is worth right now and that is a problem. Hertz was way worse than Gamestop in terms of value vs share price Hell I'd argue Tesla is arguably worse and agree with foolmo that the rise is "reasonable" in some sense. Like if you believe Gamestop it's fine to price it as a growth stock and throw their current crummy business model out the window The market will be fine. Maybe some people will be more cautious about short selling now but that's not necessarily a bad thing. --- No problem! This is a cute and pop genocide of love! <cite>Lopen posted [p:949860931] in You guys s... [t:79253781]...</cite> <quote>red13n posted... </cite> <quote>I know a lot of people discovered the stock market during covid, and thats great. But if people blatantly manipulate the market like this with any consistency there could be serious repercussions/regulations that would almost certainly be unfriendly to your everyday person. GameStop is not worth what the market says it is worth right now and that is a problem.</quote> Hertz was way worse than Gamestop in terms of value vs share price Hell I'd argue Tesla is arguably worse and agree with foolmo that the rise is "reasonable" in some sense. Like if you believe Gamestop it's fine to price it as a growth stock and throw their current crummy business model out the window The market will be fine. Maybe some people will be more cautious about short selling now but that's not necessarily a bad thing. --- No problem! This is a cute and pop genocide of love!</quote> ... Copied to Clipboard!
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