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Thoughts on GME after earnings
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Hello, just throwing my thoughts out now that we're past earnings. I'm still in it to win it, my kids will inherit my shares if that's what's needed.

What a great earnings report! GME is so very close to being profitable and not even reliant on Q4 to carry it. RC and everyone at GME is doing a great job and we have good cause to celebrate. GME has enough cash on hand to run for a decade, plenty of time to position and complete their turn around, which I'm sure will happen well before then. Short sellers have no legs to stand on.

I was disappointed that there was no run up after such great news, but then I realized something! If Hedge funds aren't running their usual Bull trap on GME, does that mean they are too poor to game the system anymore? Have we finally entered the end game, where all they can do is hold us down until it explodes? If so, ROFLMAYO, lets go!

Currently I'm looking at the decreasing price and remembering that the HF need to keep the price below their margin thresholds. We're at 17.5 right now and the lowest possible number is .0001. Somewhere between here and there one of two things will happen. Apes will lock the float (then the total outstanding shares), because the stock will be so cheap it will become feasible or they will exceed their margin, necessitating a forced buy in.

Either way, we already won. All we have to do is wait (buy, DRS and hold). We will own (in DRS) all the shares, or before we do they will concede.

Sit back, enjoy your bananas and we'll keep waiting for the rocket. Mathematically, it's inevitable.

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1 year ago