07-22-2021, 06:20 AM
Your Thoughts on $GME Thesis
<!-- SC_OFF --><div class="md"><p>Hello I want to start by saying before this year I didn’t know anything about the market. I’m still not well-versed in it but I have been learning more and more, mostly through analysis of $GME DD on reddit.</p> <p>I want to step out of the confirmation bias chamber and ask y’all about your thought on the $GME thesis:</p> <ul> <li><p>Hedge funds have naked shorted GameStop and the “meme stocks” to oblivion, the entire float several times over.</p></li> <li><p>Retail (and some Institutions) have been buying and holding since January, owning more than the actual float.</p></li> <li><p>Price is manipulated through dark pools, so even though these past days buy orders ounumber sell orders 7 to 1, it trades sideways or dips.</p></li> <li><p>These conditions have set up $GME to have the Mother of All Short Squeezes. If and when the short positions must close, their losses are theoretically infinite.</p></li> </ul> <p>-Moass aside, GameStops fundamentals have changed. All debt paid off, $2 Billion cash on hand from direct offerings, expanding product line, e-commerce experts on C-suite team, crypto/NFT in production, and Ryan Cohen leading it all.</p> <p>The bear thesis in my opinion no longer holds any water. I don’t see how this company can go bankrupt any time soon. And if it’s not going bankrupt, what do the short hedge funds have to gain from continuing to short and manipulate it other than living to die another day?</p> <p>Y’all are, I’m assuming, seasoned and traditional investors. Whats your take on $GME’s bull thesis?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Big_Iron_Cowboy"> /u/Big_Iron_Cowboy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/op00jd/your_thoughts_on_gme_thesis/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/op00jd/your_thoughts_on_gme_thesis/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hello I want to start by saying before this year I didn’t know anything about the market. I’m still not well-versed in it but I have been learning more and more, mostly through analysis of $GME DD on reddit.</p> <p>I want to step out of the confirmation bias chamber and ask y’all about your thought on the $GME thesis:</p> <ul> <li><p>Hedge funds have naked shorted GameStop and the “meme stocks” to oblivion, the entire float several times over.</p></li> <li><p>Retail (and some Institutions) have been buying and holding since January, owning more than the actual float.</p></li> <li><p>Price is manipulated through dark pools, so even though these past days buy orders ounumber sell orders 7 to 1, it trades sideways or dips.</p></li> <li><p>These conditions have set up $GME to have the Mother of All Short Squeezes. If and when the short positions must close, their losses are theoretically infinite.</p></li> </ul> <p>-Moass aside, GameStops fundamentals have changed. All debt paid off, $2 Billion cash on hand from direct offerings, expanding product line, e-commerce experts on C-suite team, crypto/NFT in production, and Ryan Cohen leading it all.</p> <p>The bear thesis in my opinion no longer holds any water. I don’t see how this company can go bankrupt any time soon. And if it’s not going bankrupt, what do the short hedge funds have to gain from continuing to short and manipulate it other than living to die another day?</p> <p>Y’all are, I’m assuming, seasoned and traditional investors. Whats your take on $GME’s bull thesis?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Big_Iron_Cowboy"> /u/Big_Iron_Cowboy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/op00jd/your_thoughts_on_gme_thesis/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/op00jd/your_thoughts_on_gme_thesis/">[comments]</a></span>Kind Regards R