Quote:
Originally Posted by bimmer pleaser V2
Quote:
Originally Posted by premier3is
Straw man. 'Fair value' and the stock market being fair is 2 different things. Obviously it's manipulated by the big boys and fundamentals is thrown out the window these days, but thats clearly not what I'm referring to.
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What are you referring to? The value of GameStop stock with respect to GameStop business model? The short (no pun intended) answer is: GME is not worth anywhere near $240. But this is not what this is all about. This is day-trading not long term investing.
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you proved my point. GME is not worth nowhere near its current price. It is gambling, not investing. You also mentioned it is for daytrading and not long term, once again proving my point. We on the same page lol.
That is why I asked what people see in the company originally and not to give me the typical 'Ryan Cohen turned chewy into a multi billion dollar company' bullshit, because those are the long term GME investors I want to hear from to understand what they see in the company.