DRS Your GME

22 readers

1 users here now

ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago

MODERATORS

apes_on_parade@lemmy.whynotdrs.org

Chives@lemmy.whynotdrs.org

bibic_jr@lemmy.whynotdrs.org

Millertime1216@lemmy.whynotdrs.org

Jmarie777@lemmy.whynotdrs.org

GME is likely to drop below $10 before 2024 (lemmy.whynotdrs.org)

submitted 1 year ago by iofhua@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org

18 comments fedilink hide all child comments

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.

https://www.reddit.com/r/Superstonk/comments/179hajz/wild_the_current_regression_fit_from_june_14th_of/

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.

you are viewing a single comment's thread
view the rest of the comments

[–] felixthecat@lemmy.whynotdrs.org 25 points 1 year ago

If they drop it too low gamestop can simply buy the float themselves with cash on hand. Short sellers are screwed no matter what they do.