The price drop is because of market manipulation and the current price doesn’t represent fundamentals. We all know GME is worth more.
But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.
I don’t think it will actually hit 0 but I know I’m going to be buying more in November and December.
Point is don’t let this rattle you. I bought my first share at $448.30 so why wouldn’t I buy more at $1?
The finish line isn’t out of reach any more. We’re going to lock the float, and we’re going to do it fast. Buckle your seatbelts.
Wow. Really laid bare here your know-it-all, future soothsaying, crystal ball, emotional, egotistical - biased and conditioned - nonsense.
clap Well done.
Edit: for anyone who’s been watching, the entire debacle has already brought about some major reform, while there is more on the table and being discussed now. Furthermore, more people than every are educated on some of the inner-workings and deception within the larger “stock market.” Additionally, there is a DoJ investigation into many of the associated hedge funds and organizations related to the issues.
And apparently I struck a nerve because now you aren’t bragging about all the good you are doing but getting defensive and just using insults. So, whatever. It doesn’t matter. And I hate that I care even at all what happens to other people.
If someone else is reading this and haven’t yet fully committed to this cult please understand that the system is a mess, and likely there is no simple way out of it, least of all buying a retailer store stock. It’s ok to be aware and it’s hard to optimistic after you are. But hiding away from reality and only accepting what is confirming to your idea of reality is not be brave and not going to be beneficial to anyone other than people that can take advantage of you.
Huh? You’re the only one here ranting and raving about what the future holds.
For anyone else reading who’s intellectually honest: