Investment & Investing

i don't think too many ordinary folk are invested in that particular fund with their minimum investment amount of $1mn

i'm sure other funds are shorting it but probably haven't gone all in like melvin

Id agree but when your stock is getting expensive you have to risk a lot more to get a decent return much bigger risks.

Out of curiousity, can anyone who bought in to gamestop shares sell at any time?

Regular pension funds don't get involved in this shit. It's too volatile. Which is exactly why they deserve to lose everything. If you read the WSB threads, you'd see that a lot of these 'hot heads' are working class people about to make life-changing sums of money off the backs of greedy hedge fund fucks.

So this WSB effort is taking money from ordinary working folks and giving it to a few hot-heads.

Can’t tell if this is tongue in cheek.

Between 0930 - 1600 eastern time.

Or 1430 - 2100 GMT

Its nice to see hopefully some decent folk winning for a change and not these hedge fund dicks.

GameStop is getting next shipment of PS5 consoles tomorrow. Should make for an interesting 48hrs.

these aren't the fund managers you're looking for

Yep. That's what makes it interesting if the majority hold and don't sell.

Does anybody know what the GME pre trade price translates to in terms of market cap?

Answered it myself. $10.3Bn

For a company with an annual revenue of about $7bn that actually isn't that absurd in a world that has companies like Tesla valued at £800bn with an annual revenue of $20bn.

Regular pension funds don't get involved in this shit.

Not true.

A mate who follows Wall Street Bets mentioned this to me last week when it was down at $20 or whatever. Obviously neither of us bought in as it looked mental. What could have been ...

Got in around double that but still left thinking I should have put more in...

I put a pitiful amount in on Friday just to feel like I'd joined in. Cue a weekend spent reading about it, followed by slightly more on Monday. There's still 130% short interest according to this, so theoretically, you'd still catch the squeeze even if you got in now. NOT FINANCIAL ADVICE, OBVZ.

GameStop is getting next shipment of PS5 consoles

Do they ship to the UK?

🚀🚀🚀 UPVOTE/GILD SO PEOPLE CAN SEE 🚀🚀🚀

LISTEN TO ME. DO NOT SELL TOMORROW. OR ANY DAY THIS WEEK. Drops are coming. They are counting on fear to beat us. It’s the only weapon they have on us, but it won’t work because we are retarded. The people are finally taking the power back from these boomer hedge fund big money shorting douchebags - the same people who fucked everyone over in 2008 with CDOs and continue to fuck you over to this day. Get ready to make Melvin throat hard retard dick. We only have strength if we stay in this TOGETHER. HOLD THE LINE. THE SHORT SQUEEZE HASNT HAPPENED YET. Don’t pussy out you fucking idiots. $1000 IS NOT A MEME. I love you all, you beautiful autistic bulls. Hang tight while we ride this thing into the FUCKING STRATOSPHERE.

APES TOGETHER STRONG 🦍 💎 🚀

This event feels like The Big Short if the script was crowdsourced via Reddit

It's just beautiful...

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Ok, yeah, I get it now.

This is so cool. :D

So what’s their exit strategy? It looks like a blank cheque, how do they cash it?

Here goes the bell...

Ha ha. GME is now valued higher by marketcap than Coca Cola UK, Admiral Insurance, Intercontinental Hotels Group or in old money, 1/10th of a Goldman Sachs :D

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ooooffffff