5 ms·

GameStop is incredibly overpriced. Incredible waste of capital being poured into it.

• midasuni 6y ago
  That’s your view. A thing is worth what someone will pay for it, be that gamestock, tesla, a gallon of gas, bitcoin, an NFT, or a kilogram of rice.
  • samatman 6y ago
    If it were as simple as that, speculation wouldn't exist, because no one would ever buy anything thinking that it's worth more than the price on the table. He's saying he doesn't think the market price for GME will hold, a position I happen to agree with. Might be more juice left in the rollercoaster, but I'm not buying it.
• fakedang 6y ago
  Gamestop was also incredibly underpriced when Melvin was shorting it.