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I definitely believe some people think like that about their GameStop investment, but I am confident that the majority (/vocal minority) of /r/superstonk member
by bbor 3y ago
I definitely believe some people think like that about their GameStop investment, but I am confident that the majority (/vocal minority) of /r/superstonk members honestly believe that GameStop is a good company that’s turning around, and that part of being invested is believing in the company.
A sibling comment of yours summarized it best - I just understand their vision as an amalgamation of growing the online store considerably, replacing Steam, selling NFTs that in some way relate to in game functionality, and making GameStop stores “community centers” or smtn. All of this is backed up by mantras like “debt-free”, “based Ryan Cohen”, “warehouses full of product”, “corporate vision” etc etc etc.
I really despise finance so I have very little to criticize you on there, and wish you the best, but from your reasonable tone I’m assuming you’re doing this as a considered risk, not going all-in with 100% confidence that a short squeeze is coming any day now.
I oscillate between enjoying that whole part of the internet because it’s fun and interesting, and thinking of all the children who have their college savings tied up in the stock of a clearly dead-in-the-water legacy retailer :(