Poll of the Day > Thousands on REDDIT will NOT F***ING SELL GAMESTOP until it's $500!!!

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Thousands of Redditers on WallStreetBets forum are clinging on to desperate hopes of a Gamestop rebound after the stock plunged to lowest of lows this week before rebounding 20% but still off its massive highs as many say they WILL NOT F***ING SELL until it reaches $500!!

The stock soared 1800% in January in a speculative bubble fueled by small investors but has now fallen 84% in its first 4 days of this month

One member said "I am not f***ing selling" when users urged each other to hold strong as they hold out hope for a rebound

It rallied 40% in early trading to 63 but still far below its peak set at 483 last week.

Many have already cashed out when it went to its peak but thousands more remain as they already short squeezed the hedge funds out of the market when they lost 12.6 billion altogether

Robinhood has now removed all restrictions on buying Gamestop and other stock overnight but still didn't get that big rally that investors hoped for

It drew furious backlash when it restricted purchase of some high flying stocks

One user said after the restrictions ended "Boys this si it. This is the first time to rebound and beat those sons of b****es. Now that we can trade we can buy and that's how we win by buying. The more we buy, the more we drive up the price and make money."

Another said "Now is the time to strike back. Brokerages have rescinded the restrictions. Today and the days after the weekend will probably show where this is going"

But some investors used up their RETIREMENT money and raided all of their extra cash and took out loans to buy gamestop shares and are now facing BANKRUPTCY when it plummeted overnight

John Gjolaj, a restaurant manager and longtime user of the forum is sitting on losses of more than 65,000 when he bought the stock near the top

He invested in over 300 shares of GME at $269 a share and says he plans to hold and believed Gamestop can turn the company around

He says "I'm hoping i can sell it at $500 or so. But if it takes years, i'll be holding. I invested in bitcoin at its height in 2017. I can stomach all this volatility"

Eric Diaz, an operations manager in Florida also remains committed when the stock fell to earth and said "it got personal". As he watches the stock plunge to $53 a share, he plans to buy more if it keeps dropping as he said "At first it was investing in an idea. But then after all the shenanigans when retail investors who wanted to purchase were prevented from doing it, it got personal. So i'm jst going to hold until it plays out"

Jerry Corley, a GARDNER, said he bought 3 shares and now is looking at a loss of hundreds of dollars but is still following Roraring Kitty, the youtuber who championed this and he himself is out millions but is remaining in the company.

Jerry says "He has got his money where his mouth is. This guy's no dummy. That's a great sign right there"

Keith Patrick Gill, a trained financial advisor who is behind the Roaring Kitty Streams shows he still holds a position of over 8 million but CASHED OUT at more than 13 million

Redditors say "IF he's still in, i'm still in. Let's go baby"

Redditors are holding out hope that Gamestop can convince Sony and Microsoft to NOT go full digital as they now have 2 consoles on sale for digital and physical disc but the clock may be ticking as more gamers could be opting out of disc media as digital has already eaten profits from video rental and music disc sales and they are running out of time to stop the bleeding..

It's not known what the split on sales between PS5 digital/XBOX Series S are compared to PS5/XSX physical disc as the numbers will determine whether the giants will go all digital or stick to physical disc in future

Do you think Gamestop can convince Sony and Microsoft to not go all digital?

https://i.imgur.com/k7Mdf7q.jpg

https://i.imgur.com/0ErtbKC.jpg

https://i.imgur.com/9ig41BZ.jpg

https://i.imgur.com/D35DG87.jpg

https://i.imgur.com/AqMcXX0.jpg
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People don't know a pump and dump when they see one.

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I really hope they don't go all digital, I would much rather actually own my game

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Gamestop has no say,
I dont think they will go digital, but will be reduced to the point they wont be able to survive. They are alrady barely surviving, that stock jump had nothing to do with the health of the company.

Edit: also these guys are idiots for holding the stock, gamestop most likely will never be above 100 again. And that peak they never even reached 500, i think the peak was somewhere in the mid 400s

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Full Throttle posted...

Do you think Gamestop can convince Sony and Microsoft to not go all digital?

It's not GS that will convince them, it's consumers. If consumers aren't having that -- which many won't -- then it's not going to happen. The only way they could get away with an all-digital model is by selling streaming plans, but that ain't happening.


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I was going on an anti-physical game rant and then I remembered that back in the day we used to lend games to our friends, which was based.

Rip.

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https://youtu.be/gLo-ylNPXyE

I feel full digital is the future but laws and regulations really need to be changed. You should be allowed to sell your license to someone else much like you can a used game, as well as save local copies.n

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Apes together strong.

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Gamestop will no doubt make their own games console and show Sony and Microsoft who's boss!

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Give us Steam-like sales and we can negotiate

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