You can't download dog food.The argument is that Gamestop can/will pivot their business model to mostly online sales. Chewy has a market cap of $40 billion selling dog food online. You don't think Gamestop can do the same thing with video games?
The argument is that Gamestop can/will pivot their business model to mostly online sales. Chewy has a market cap of $40 billion selling dog food online. You don't think Gamestop can do the same thing with video games?
You can't download dog food.
Silver stocks down a lot just before the open. Looks like the reddit crowd has either lost faith, or lost so much money on GME and AMC they don't have anything to invest in silver.
The argument is that Gamestop can/will pivot their business model to mostly online sales. Chewy has a market cap of $40 billion selling dog food online. You don't think Gamestop can do the same thing with video games?
Sales of what, though? People download games now, so there's not going to be a secondary market for used games. They're not going to make enough off the weird funko figures to support company selling them. Are sales of gaming consoles and controllers going to be enough to keep them going?The argument is that Gamestop can/will pivot their business model to mostly online sales. Chewy has a market cap of $40 billion selling dog food online. You don't think Gamestop can do the same thing with video games?
I think his point is video game counsels are now going to all digital to buy games and GameStop doesn't own the right to the games. I am not familiar with the video game world these days; however, I assume that is what he is getting at.You can order it and have it delivered online though smartass.
Sales of what, though? People download games now, so there's not going to be a secondary market for used games. They're not going to make enough off the weird funko figures to support company selling them. Are sales of gaming consoles and controllers going to be enough to keep them going?
WSB posters say silver is a distraction and not to fall for it.
Netflix guy started that whole idea over angst at late fees when a dvd fell between the seats of his car. He tried selling his company to Blockbuster in the early stages and they laughed at him. Cool story if you read about it.Netflix started out as a DVD mail rental company. I guess they beat blockbuster to the punch and was able to evolve into what they are now.
I assume you skipped the first 27 pages of this thread?The stock does not have it's own natural growth. It is a failed mall retailer that is in the business (physical games) that will not even exist in 2-4 years.
Netflix guy started that whole idea over angst at late fees when a dvd fell between the seats of his car. He tried selling his company to Blockbuster in the early stages and they laughed at him. Cool story if you read about it.
Sales of what, though? People download games now, so there's not going to be a secondary market for used games. They're not going to make enough off the weird funko figures to support company selling them. Are sales of gaming consoles and controllers going to be enough to keep them going?
A lot of people fell for it yesterday. The surge lasted all of one day. Crypto is trending up today.
It's highly shorted, first of all. They got killed by the pandemic of course, but their financials aren't that bad, and you'd think they'd be in good shape once the pandemic is over. And like most of these YOLO stocks, they aren't trading at an all time high by many multiples. They are at $21 now, and were in the $40s in 2019.
Compared to all the other WSB meme stocks, I think they're a pretty decent investment anyway, but I feel it should be red meat once it coalesces enough momentum on WSB to grab some attention. I've been watching over the past week pretty heavily on WSB and trying to catch the zeitgeist on the way up, and this one seems like it should catch. I'm way up since I got in, but it hasn't gone exponential yet. It might not, but it seems like it's right there to pop.
I've YOLO'd a lot of my gains into it so that if it does go exponential, I might end up with something that actually changes things a bit for me. Not retire tomorrow money, but something that seriously shows up when I look at my retirement accounts.
Not sure if that’s because of the recall Tesla issued, or the ‘stock advice’ he issued...
You can't download dog food.
Sure you can, you just do it byte by byte. (rimshot)
I'll be here all week. Try the fish.
You didn't remind them to tip their server.
Man, Bloomberg TV really wants these stocks to crash.
tdavis25
20 minutes ago
You know if you dont like your house you can just sell it. You dont have to give it to your broker.
Looks like this fella might not be going to college this semester. Yikes.
went over and checked wsb this morning. Deflated bunch. Looks like the hedge funds stomped out all the momentum.
Isn't that already being done?The argument is that Gamestop can/will pivot their business model to mostly online sales. Chewy has a market cap of $40 billion selling dog food online. You don't think Gamestop can do the same thing with video games?
The platforms the retailers used curtailed their ability buy. What more do you need to do in order to kill a rally?
Down $135 since open to $90. A fool and his money are soon parted.Wow, a lot of people are going to lose a lot of money.
Today***Do GME and AMC just completely crash tomorrow?
GME now under $90. Anyone want to speculate on where it closes?Today***