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GameStop Stock: 10 Reasons It May Rally in 2023
Posted on 1/10/23 at 7:45 am
Posted on 1/10/23 at 7:45 am
6
Posted on 1/10/23 at 8:27 am to GhostOfFreedom
Please, for the love of God, no. Just no. I'm not saying it won't rally, but if 2022 didn't teach retail that yolo isn't the way to wealth - then you can almost guarantee 2023 will be painful.
I'd argue that rates hanging out at 5%+ would adversely affect the exact crowd that likely shops at Gamestop the most. The people with car loans, PMI, credit card debt, student loans, etc. are the age category GME targets - probably not the year these folks will be throwing down a ton of discretionary cash. No mention in the article.
Posted on 1/10/23 at 8:39 am to UpstairsComputer
quote:
I'd argue that rates hanging out at 5%+ would adversely affect the exact crowd that likely shops at Gamestop the most. The people with car loans, PMI, credit card debt, student loans, etc. are the age category GME targets - probably not the year these folks will be throwing down a ton of discretionary cash.
I'd argue quite the contrary. When spending tightens, this is affects travel and eating out. Video games are a cheap hobby. $60 a year for xbox live let's you play call of duty warzone for free.
ETA: DIAMOND HANDS BBBY
This post was edited on 1/10/23 at 8:41 am
Posted on 1/10/23 at 9:10 am to GhostOfFreedom
I made money on GameStop but I’m not touching it now. It’s a meme mess full of stupid stupid bagholders
Posted on 1/10/23 at 9:13 am to UpstairsComputer
Besides still have lots of business at the retail stores (and being able to close non productive ones because they paid off loans that were preventing them from doing so), the nft marketplace (which is still in Beta) is going to be much more lucrative than the traditional retail part of the company. Almost, money for nothing as the NFT games start coming online.
GameStop will get paid for the transactions and will get original sale and royalties on items they create. They already are.
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
GameStop will get paid for the transactions and will get original sale and royalties on items they create. They already are.
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
Posted on 1/10/23 at 9:13 am to Upperdecker
quote:
I made money on GameStop but I’m not touching it now. It’s a meme mess full of stupid stupid bagholders
I am glad you made money on it, but you really don't know much about the company, do you?
Posted on 1/10/23 at 9:16 am to GhostOfFreedom
quote:
the nft marketplace (which is still in Beta) is going to be much more lucrative than the traditional retail part of the company. Almost, money for nothing as the NFT games start coming online.
GameStop will get paid for the transactions and will get original sale and royalties on items they create. They already are.
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
Posted on 1/10/23 at 9:49 am to GhostOfFreedom
quote:
Besides still have lots of business at the retail stores (and being able to close non productive ones because they paid off loans that were preventing them from doing so), the nft marketplace (which is still in Beta) is going to be much more lucrative than the traditional retail part of the company. Almost, money for nothing as the NFT games start coming online.
GameStop will get paid for the transactions and will get original sale and royalties on items they create. They already are.
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
This is pure delusion.
Posted on 1/10/23 at 9:51 am to GhostOfFreedom
quote:
I am glad you made money on it, but you really don't know much about the company, do you?
I know a lot about the company. I also know the stock is not a direct reflection of the company, the same issue as when I made money when the stock first squeezed. Now the stock is still a poor reflection, but it’s got a serious bagholder problem and it’s much closer to its actual value than before
Posted on 1/10/23 at 10:35 am to GhostOfFreedom
quote:
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
Lmao
Posted on 1/10/23 at 11:21 am to Upperdecker
quote:
it’s much closer to its actual value
Time will tell.
Posted on 1/10/23 at 11:46 am to GhostOfFreedom
Don’t listen to the haters here baw
They’d rather give their money to Israel than gamestop
ETA: Prty new Gme baw
They’d rather give their money to Israel than gamestop
ETA: Prty new Gme baw
This post was edited on 1/10/23 at 12:40 pm
Posted on 1/10/23 at 12:57 pm to Sgt_Lincoln_Osiris
quote:
$60 a year for xbox live let's you play call of duty warzone for free.
How the frick does that help gamestop? Gonna be great listening to these guys whine on twitter like the AMC apes.
Posted on 1/10/23 at 1:22 pm to GhostOfFreedom
Yay stonks!!!
Posted on 1/10/23 at 1:33 pm to GhostOfFreedom
quote:
Besides still have lots of business at the retail stores (and being able to close non productive ones because they paid off loans that were preventing them from doing so), the nft marketplace (which is still in Beta) is going to be much more lucrative than the traditional retail part of the company. Almost, money for nothing as the NFT games start coming online.
No such thing as money for nothing. If GameStop is making near pure profit on the NFT marketplace, competitors will come in and cut their market and force their prices to come down until much of the profit is gone
NFT collecting will continue to dry up as inflation wages war on consumers’ available money. It’ll go the way of crypto - significantly reduced and nowhere near where it was a year ago
Posted on 1/10/23 at 1:47 pm to Upperdecker
Buy Prty baw
Posted on 1/10/23 at 2:14 pm to GhostOfFreedom
quote:
Basically, if you don't jump on, you will be missing the next apple, microsoft, google, amazon. But, you do you. You probably missed those, too.
I OWN SHARES IN A DYING COMPANY PLEASE PLEASE PLEASE PLEASE PLEASE BUY TO MAKE THE PRICE GO UP SO I CAN LIQUIDATE
Posted on 1/10/23 at 2:19 pm to el Gaucho
I’ll buy some PRTY and go get some balloons
Posted on 1/10/23 at 2:20 pm to DVinBR
quote:
I OWN SHARES IN A DYING COMPANY PLEASE PLEASE PLEASE PLEASE PLEASE BUY TO MAKE THE PRICE GO UP SO I CAN LIQUIDATE
Like I said, stupid stupid bagholder problem. Too many people trying to sell the stock to get rid of their problem
Posted on 1/10/23 at 2:32 pm to Upperdecker
I bought a game at GameStop a couple weeks ago
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