| Topic List |
Page List:
1 |
|---|---|
|
mrduckbear 01/25/22 10:45:15 PM #1: |
Do you think Gamestop is toast?
Vote
Small time reddit traders who went on the MEME stock train on Gamestop and AMC were devastated this week after a round of bad news that sent their stocks plunging to low levels and there may not be a way to turn it back around when stocks were as high as $450 a share and is now below $100!! On the WallStreetsBets forum that was the centre of the Gamestop Saga saw bearish sentiment take hold ahead of the Federal Reserve policy meeting this week with interest rates set to rise with riskier assets with long-deferred payouts have lost their luster in a brutal sell off... Similarly, Bitcoin also plunged nearly half that went along with the huge sell off on Wall Street One user who invested in Gamestop said "I'm down so much money, i'm just gonna get high about it. sad is sad" The news of Microsoft acquiring one of the biggest gaming publishers, Activision also sent the stock nose diving as Microsoft intends to turn all of its games into a Netflix style subscription service and could take away Sony systems where Call of Duty has been a big seller on the physical disc market. Other users including a 20 y/o showed screenshots of how he invested 5000 which peaked at 90,000 and is now only worth just 230 losing nearly everything he initially invested but said he stayed in hoping the stock will rise from the ashes. The value of heavily shorted stocks soared last year when an army of reddit investors pumped a lot of money into these dying stocks to kill short sellers and now a year later they are feeling the wrath of the shorts as Gamestop could be on its last dying breath should the acquisition go through with physical gaming media going closer to defunct Do you think Gamestop is toast? https://i.imgur.com/wu0fDdP.jpg https://i.imgur.com/dWa0PT0.jpg https://i.imgur.com/YuCmCcr.jpg https://i.imgur.com/zBPTJ1r.jpg https://i.imgur.com/4B05Y6Z.jpg https://i.imgur.com/sXHnfU0.jpg https://i.imgur.com/MNmrpEu.jpg https://i.imgur.com/bmcL9oA.jpg --- The Users have Spoken. News Will Continue...For Now ... Copied to Clipboard!
|
| Topic List |
Page List:
1 |