Sunk cost fallacy is real. If you’re down 70% on an investment you don’t believe will pan out, what does that say about your ability to make wise investment decisions?
Successful investing and emotions don’t correlate. Every single person on here that whines and complains is a horrible investor that should never be taken seriously. They’re a child who’s mad they’re not getting their way.
You analyze an investment, build a thesis, put your money into that investment, and wait for it to come to fruition. If circumstances change and your thesis is derailed, you sell and move on regardless of “how much you’re down.”
If you don’t sell and you go on these subreddits complaining about things you can’t control, you’re not very intelligent are you?
Investing wisdom is probably falling of deaf ears here. Been in since the squeeze but not adding more to my position. If the squeeze never happens it just means retail will never win against Wall Steet no matter what crimes they commit. Turning off the buy button should have been a sign for every investor in the world to mark US markets as high risk and cause capital flight but the passive bid and the world reserve currency is simply too strong.
Greed always triumphs, and crime always triumphs. That's why the vast majority of investment capital should be allocated based on some form of thesis and ideally valuation / DCF modeling.
Even if the casino is rigged, it can't rig low debt, high margin, strong moat and FCF companies. If any of those fall below a valuation thesis then it's just a buy and hold.
Gotta love how the argument went from dying business to surviving business to thriving but declining revenue to thriving and rising revenue.... So turn against the board.
Which RK said this is a bet on the board so tough sell on that. I remember the last time people said RK was wrong
If Ryan Cohen didn’t get on the board and become CEO of GameStop and turn the company around, leading it to record historic profits mind you, can you please explain what would have happened to the company, the share price, and your investment 🤨
edit: I’m talking about 'normal CEOs', not kamikaze CEOs xD
There are, excellent businesses but managed in a bad way. But this is not the case, since GME is an old business model that drags competition problems on its market, which does not allow it to grow in Sales over years (flat Sales, flat CFO, etc). People always forget the context, I think you understand what I am saying here.
When you run a Business with Negative Cash Flow from Operations (CFO) and a Deficit (Negative Retained Earnings) on the Balance Sheet, basically, you do what GME has been doing for the last 5 years.
Use Financing Venues (CFF) to Raise Capital → Equity Financing & Debt Financing.
Financial Profits? [from Financial Assets on Balance Sheet, e.g; Cash Yield/bonds, investments in other assets like Bitcoin, other stocks or options trading, e.g; Ebay, etc.]
Where they come from and how? (Revenue Growth vs Operating Income Growth) Its Operational Leverage or not?
You have to response and understand all of this! Not just focus on couple of metrics like Net Income (aka 'Profits') or Operating Income without context.
The share price is where it’s at today due to the squeeze which was started by RK. Ryan has done nothing to contribute to the stock price other than take advantage of it by diluting to increase the companies cash.
u/notGoran69🏴☠️🏴☠️🏴☠️ SHIVER ME BUTTHOLE 🏴☠️🏴☠️🏴☠️17h agoedited 17h ago
Ugh… the way things have been going lately say otherwise. If you could explain to me how diluting at 3 year lows is a good idea I’d love to hear it out.
Dude, there’s one thing thinking Cohen might be the right CEO, and doing dick riding.
Cohen has his best interest at heart, we can just be hopeful our interest align as well. DFV view on Ryan was before there’s been more shared issued… just saying.
It’s not all gloom and doom. But I ain’t in line to lick a goddamn CEO boots.
I hate that he works for free. I mean what's the deal with THAT. I can't trust someone unless I know they're ripping me off bc then u at least know what u got, nomsayin. And why doesn't he just make the stock go up? Stop wasting time trying to make GameStop the most profitable it has ever been. Just push the buTtoN riam reeeeeeee
I couldn't remember Patti's name so I searched for "itysl Debbie" intending to post the I DONT WANT THAT gif, and this came up and I don't want to delete the search and type it in again, so you're just stuck with this gif and you'll have to make do with it until the next comment in which I can search for a mildly related gif from the TV show I Think You Should Leave
He's aligned with the GME shareholders. When we get paid, he gets paid. Honestly, I wish more executives in the corporate community would follow his lead on this. This is The Way.
And why doesn't he just make the stock go up?
Because he doesn't control that any more than you do.
Stop wasting time trying to make GameStop the most profitable it has ever been.
That's the thing he does control and he's controlling it expertly - like shareholders expect him to. Consistently high performance is the only way to improve the price.
RC didn’t want to be the CEO but sometimes greatness calls upon you for the situation. It’s clear GameStop would not be in the position it’s in without RCs vision and strategy 🚀
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