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

submitted 11 months ago by [email protected] to c/[email protected]

132 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

[-] [email protected] 2 points 11 months ago* (last edited 11 months ago)

You're victim blaming in large part here.

The larger Wall Street complex is abusive and has been backstabbing the American and World public for decades upon decades. Your family is almost 100% financially less well-off and in worse health than they "should" be (given you've middle to lower class, statistically, and not some rich/wealthy person here for who knows what reason).

The fact of the matter is that the Wall Street incumbents have been with GameStop and others abusing loopholes and outright breaking the law when it comes to trading of securities and got caught with their hands in the cookie jar.

They've now been caught and called out and are covering it up through, in large part, regulatory capture and other means related to stock market complexity. Why is that so hard to understand?

this post was submitted on 16 Oct 2023

48 points (84.3% liked)

DRS Your GME

1228 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

[email protected]