What’s Going On With GME???

[Schadenfreude]

Won't the price go down on June 10?

Not enough. Since they are the premier AI play, it'll probably dip just enough for people to buy more.

 

[Red]

RC should take that cash and put bitcoin on the balance sheet

 

[GunRanger]

RC should take that cash and put bitcoin on the balance sheet

Im sure he already is straight. The initial bet was 50k. He's more than in the black.






Seeing the live halting based off nothing but the stream was funny.

 

[Leavingtheecstasy]

This gamestop shyt is crazy i been meaning to watch the movie about dude. Any Coli brehs got some beginner video suggestions about the stock game? I subscribed to daytradingaddict but theres a bunch of vocab and terms i dont understand

Investopedia is a great place to start learning.

It's hard to recommend him because he's annoying as shyt when he goes on his hype tangents, but a YouTuber named Jackie le t*ts is fukking fantastic at TA. You. Can learn a lot from him when he looks at other charts about what to look for, his main focus however is gme. But again, he is annoying streamer because he has to get hype for donations and money.

 

[Red]

Im sure he already is straight. The initial bet was 50k. He's more than in the black.






Seeing the live halting based off nothing but the stream was funny.

RC not RK.

RC is gamestop CEO. They throw this cash from the share issue into BTC they're never going broke again

 

[IsThatBrothaMouzone?]

How? Retail will never be able to shyt about it.

Because the people that bought GME haven't sold and likely won't sell.

Those looking to flip it for quick money are already doing it or have done it. When the price gets hammered down, even the quick flip brehs will buy back in because of the value play.

It costs nothing to sit on it except for the opportunity cost of not being able to invest the money in another security.

*****Also.....the obvious manipulation is EXACTLY why folks aren't selling. If they'd let GME run a bit, you'd shed some lightweights and folks desperate for a little $$$$. Since they won't let it run, it reinforces everyone's belief that the MM/hedge fund crowd are scared shytless. If they weren't scared, they would just let GME do whatever and focus elsewhere. It's like boxing with bruised ribs. You keep your hands down to defend it and now your opponent knows you're hurt.

 

[Tunez]

Not enough. Since they are the premier AI play, it'll probably dip just enough for people to buy more.

I think it will go down to $100

 

[Schadenfreude]

I think it will go down to $100

Yeah so about that...it's a 10-1 stock split, which is great if you owned the stock previously. If you're trying to get in now, the volume is going to be ridiculous; I've had Nvidia stock for 5 years, it's been up 900% since that time

Reddit is another one -- IPO was $35, stock is almost $60 now. Brehs really need to do their homework if they're going to invest in the market; having a mix of tech, growth stocks and safe stocks that pay dividends is never a bad idea. KO pays a decent dividend, and the stock is relatively affordable. Just food for thought.

 

[Doomsday]

Because the people that bought GME haven't sold and likely won't sell.

So? That doesn't mean anything.

Those looking to flip it for quick money are already doing it or have done it. When the price gets hammered down, even the quick flip brehs will buy back in because of the value play.

Of course. The only real flip on this stock is taking advantage of retail. That still doesn't answer the question.

It costs nothing to sit on it except for the opportunity cost of not being able to invest the money in another security.

They're holding on to it because they'd be selling at an extreme loss, and because they've invested so much, they've yet to accept that loss.

*****Also.....the obvious manipulation is EXACTLY why folks aren't selling. If they'd let GME run a bit, you'd shed some lightweights and folks desperate for a little $$$$. Since they won't let it run, it reinforces everyone's belief that the MM/hedge fund crowd are scared shytless.

Why would that mean they're scared? They have nothing to be scared of. By your own admission, the Puppet Master can just keep the stock down indefinitely and there's nothing retail can do about it. So, there is no reason for them to fear. The shorter isn't stuck anywhere, it's RETAIL going long that's stuck.

If they weren't scared, they would just let GME do whatever and focus elsewhere. It's like boxing with bruised ribs. You keep your hands down to defend it and now your opponent knows you're hurt.

Wrong, if they weren't scared, they would just keep "naked" shorting the stock like they're doing now with no consequences. The one who's scared is the one who is riding on PURE HOPE that the stock will take off again one day.

 

[Slow Moving]

Yeah so about that...it's a 10-1 stock split, which is great if you owned the stock previously. If you're trying to get in now, the volume is going to be ridiculous; I've had Nvidia stock for 5 years, it's been up 900% since that time

Reddit is another one -- IPO was $35, stock is almost $60 now. Brehs really need to do their homework if they're going to invest in the market; having a mix of tech, growth stocks and safe stocks that pay dividends is never a bad idea. KO pays a decent dividend, and the stock is relatively affordable. Just food for thought.

I hate myself I watched it closely when it reached 127 while back and got greedy hoping it dipped below 100 smh.

 

[Tunez]

Yeah so about that...it's a 10-1 stock split, which is great if you owned the stock previously. If you're trying to get in now, the volume is going to be ridiculous; I've had Nvidia stock for 5 years, it's been up 900% since that time

Reddit is another one -- IPO was $35, stock is almost $60 now. Brehs really need to do their homework if they're going to invest in the market; having a mix of tech, growth stocks and safe stocks that pay dividends is never a bad idea. KO pays a decent dividend, and the stock is relatively affordable. Just food for thought.

It's too late for investing before the stock split, I'm investing after the stock split. NVIDIA will hit 1,200 again.
I don't know about Reddit, it's a social website.
Most blue chips pay dividends

 

[Schadenfreude]

It's too late for investing before the stock split, I'm investing after the stock split. NVIDIA will hit 1,200 again.
I don't know about Reddit, it's a social website.
Most blue chips pay dividends

Thing about Reddit is, it that it's an AI goldmine. Google and the like that have been absolutely begging for reddit to let them have access to the user data/posts for AI purposes.

 

[Tunez]

Thing about Reddit is, it that it's an AI goldmine. Google and the like that have been absolutely begging for reddit to let them have access to the user data/posts for AI purposes.

Reddit's first-quarter 2024 earnings exceeded expectations, leading to a significant increase in its stock price. Here's a detailed analysis of the company's performance:Strong Revenue Growth: Reddit reported a 48% increase in revenue from the previous year, reaching $243 million. This growth is particularly notable as it outpaced the revenue growth of its top competitors, with ad revenue alone increasing by 39% year over year. This suggests that Reddit is effectively capitalizing on the digital advertising market's recovery after a period of restraint due to inflation.Positive Earnings Surprise: Despite a higher-than-expected loss per share of $8.19, the company's performance was still viewed positively by the market. This is likely due to the significant revenue growth and the company's ability to narrow the loss per share compared to the expected $8.71.User Growth and ARPU Increase: Reddit's daily active users increased to 82.7 million, surpassing the expected 76.6 million. Additionally, the average revenue per user (ARPU) rose by 8% to $2.94, indicating a more efficient monetization of its user base.Stock Market Reaction: The premarket rally in Reddit's stock price reflects investor confidence in the company's future prospects. The stock's performance since its IPO, including the potential for a closing price above $57.75, demonstrates optimism among investors.Future Outlook: Reddit's guidance for the second quarter suggests a revenue range of $240 million to $255 million, exceeding analysts' expectations. This forecast implies a growth rate of approximately 32% compared to the previous year, indicating continued confidence in the company's ability to grow.In conclusion, Reddit's Q1 2024 earnings showcase a promising trajectory for the company, with substantial revenue growth, positive user metrics, and a bullish stock market response. These factors combined position Reddit favorably as it continues to explore new opportunities and build on its online forum platform.

 

[Gloxina]

Do GameStop Investors Have A Humiliation Kink?

www.youtube.com

 

[Schadenfreude]

Reddit's first-quarter 2024 earnings exceeded expectations, leading to a significant increase in its stock price. Here's a detailed analysis of the company's performance:Strong Revenue Growth: Reddit reported a 48% increase in revenue from the previous year, reaching $243 million. This growth is particularly notable as it outpaced the revenue growth of its top competitors, with ad revenue alone increasing by 39% year over year. This suggests that Reddit is effectively capitalizing on the digital advertising market's recovery after a period of restraint due to inflation.Positive Earnings Surprise: Despite a higher-than-expected loss per share of $8.19, the company's performance was still viewed positively by the market. This is likely due to the significant revenue growth and the company's ability to narrow the loss per share compared to the expected $8.71.User Growth and ARPU Increase: Reddit's daily active users increased to 82.7 million, surpassing the expected 76.6 million. Additionally, the average revenue per user (ARPU) rose by 8% to $2.94, indicating a more efficient monetization of its user base.Stock Market Reaction: The premarket rally in Reddit's stock price reflects investor confidence in the company's future prospects. The stock's performance since its IPO, including the potential for a closing price above $57.75, demonstrates optimism among investors.Future Outlook: Reddit's guidance for the second quarter suggests a revenue range of $240 million to $255 million, exceeding analysts' expectations. This forecast implies a growth rate of approximately 32% compared to the previous year, indicating continued confidence in the company's ability to grow.In conclusion, Reddit's Q1 2024 earnings showcase a promising trajectory for the company, with substantial revenue growth, positive user metrics, and a bullish stock market response. These factors combined position Reddit favorably as it continues to explore new opportunities and build on its online forum platform.

An expanded partnership with Reddit

Google is expanding our partnership with Reddit, including a new Cloud partnership and access to Reddit's Data API.

blog.google