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.
great man, thanks. you’re clearly a financial expert and your opinion is very valuable to me. i look forward to hearing more of your crafty storytelling that derides the delusion of GME investors while completely dismissing every relevant detail that you don’t like.
OP losing a shitload of money and looking forward to losing more is a relevant detail. You’re ignoring it by claiming you’re not responsible for anyone following your ecstatic endorsement of this one particular stock, which you sometimes insist isn’t the only thing this is about, even though the sub is named for it.
But sure dude. I’m the one with a warped view of reality, suggesting ‘we’ll stick together no matter how much money we lose’ is an insular denialist behavior pattern.
I couldn’t convince you the sky is blue, and that is the problem in full. But it’s not a problem with me.
👍