• shiv@sh.itjust.works
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      13 hours ago

      Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.

      • Cityshrimp@lemmy.world
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        13 hours ago

        Its funny how they always say shit like I’m smooth brain, I just buy. And yeah, they continuously buy GME at set intervals, which… is what normal investors do (sans diversify). Full circle

      • IPeaceInYourFace@lemmy.world
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        10 hours ago

        The stock is still undervalued, that’s all that matters.

        Moass or not, people are investing in Cohen, and the man is a genius. He’s taking GameStop from strength to strength.

        You can argue with all the data supporting the moass thesis, but you cannot argue with the excellent fundamentals. Especially in this economy.

        Imo, it’s free money regardless.

        Edit: to add aswell, the fact they’re gearing up to acquisition eBay is a huge deal.

    • ryathal@sh.itjust.works
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      20 hours ago

      They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.