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Interesting that DFV said he would buy at the current GME price

by maps7 6y ago

iso1631 6y ago
And the share price immediately jumped 3% :D
ghego1 6y ago
He likes the stock
hahahahe 6y ago
Illustrates his ineptitude in analyzing stocks. He literally lucked into $50M. Then he proceeded to squander $35M for internet points.
- Hammershaft 6y ago
  He's won in multiple trades and put money in gme long before there was any hype based on the lopsided risk and % of shares shorted on the stock. On what basis are you arguing that he lucked into his winnings?
  - hahahahe 6y ago
    He lucked into a ten-sigma event. That’s luck even if you had the call right. Then he held onto the gains for internet points. That last bit is what gets me the most. This guy doesn’t even compare to some of the epic retail traders we had in the past. Look up cissan_9984.
    - Hammershaft 6y ago
      Do you still think gamestop exploding is a ten sigma event if he called it twice now?
- matt_s 6y ago
  If you've watched any of his YT videos you can understand where he is coming from and he has valid points on why GameStop pivoting could be huge. If a successful pivot doesn't happen, he still believes their legacy business of trading in games is still viable. There are lots of gamers without good enough broadband to download 60GB games and are still on older platforms. The new console rollout was impeded by the pandemic from a supply chain perspective and from people having less disposable income. Regarding a potential pivot, Ryan Cohen of chewy.com, has influenced the board and already appointed 2-3 senior positions that indicate a digital business formulating. There also were questions why the board/CEO didn't exercise their ability to issue more shares with the price up. One answer/hypothesis was they were not allowed to do so with unreleased significant financial information, like if they took on a new agreement of some kind with another company. Rumors and speculation all over the place but most of it leading to conclusions of GME not going bankrupt soon.

Interesting that DFV said he would buy at the current GME price

by maps7 6y ago

Interesting that DFV said he would buy at the current GME price

iso1631 6y ago

And the share price immediately jumped 3% :D

ghego1 6y ago

He likes the stock

hahahahe 6y ago

Illustrates his ineptitude in analyzing stocks. He literally lucked into $50M. Then he proceeded to squander $35M for internet points.

Hammershaft 6y ago
He's won in multiple trades and put money in gme long before there was any hype based on the lopsided risk and % of shares shorted on the stock. On what basis are you arguing that he lucked into his winnings?
- hahahahe 6y ago
  He lucked into a ten-sigma event. That’s luck even if you had the call right. Then he held onto the gains for internet points. That last bit is what gets me the most. This guy doesn’t even compare to some of the epic retail traders we had in the past. Look up cissan_9984.
  - Hammershaft 6y ago
    Do you still think gamestop exploding is a ten sigma event if he called it twice now?
matt_s 6y ago
If you've watched any of his YT videos you can understand where he is coming from and he has valid points on why GameStop pivoting could be huge. If a successful pivot doesn't happen, he still believes their legacy business of trading in games is still viable. There are lots of gamers without good enough broadband to download 60GB games and are still on older platforms. The new console rollout was impeded by the pandemic from a supply chain perspective and from people having less disposable income. Regarding a potential pivot, Ryan Cohen of chewy.com, has influenced the board and already appointed 2-3 senior positions that indicate a digital business formulating. There also were questions why the board/CEO didn't exercise their ability to issue more shares with the price up. One answer/hypothesis was they were not allowed to do so with unreleased significant financial information, like if they took on a new agreement of some kind with another company. Rumors and speculation all over the place but most of it leading to conclusions of GME not going bankrupt soon.