I'm happy that a lot of apes got their teddies! I really am... I'm sorry for those of you who lost a ton for chasing.
That being said, I CAN'T STAND HOW MUCH GME FLAT BRAIN TALK HAPPENS.
Shorting based on:
- Management didn't properly take advantage of the squeeze to increase their balance sheet.
- It's a cyclical stock and steam is running out.
- The squeeze ALREADY happened.
- Those who took profits, aren't buying back unless it dips way more due to human psychology of the ape.
- There is no way price matches fundamentals.
Like always, feel free to offend anyone with a counter point and counter my points... I'm going to YOLO 40k into puts on Monday or ban.
IMO you're better off shorting than buying puts if the IV is still bigly
Post your loss porn like a man when the time comes.
This gonna be guddd
I guess I'm a flat brain for thinking GME is about to flip from mall goods to e-commerce as their fundamental business model. The stock pricing that we apes are buying up is based on e-commerce and e-sports growth potential, not the trade-in value of your old X box game.