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Nice job.
JM
JM
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Jon Miller-
I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment. -
Thanks JM
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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"Beyond WallStreetBets, Analyst Sees GameStop Benefiting From These 3 Factors Madhukumar Warrier March 18, 2021, 3:25 AM·2 min read Oops! Something went wrong. Please try again later. More content below GME GameStop Corp. (NYSE: GME) has yet to show financial success in an industry that is rapidly shifting to digital and its current valuation “far exceeds our high fundamental expectations” but there are factors favoring the videogame retailer, according to analysts at Telsey Advisory Group. The GameStop Analyst: Telsey reiterated its Underperform rating on the stock and maintained a price target of $33. GameStop is scheduled to report its fourth-quarter results after the markets close on Tuesday. The GameStop Thesis: The analysts expect GameStop to benefit from the new gaming cycle, with current demand outpacing supply for new generation Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE) consoles. GameStop is also expected to benefit from its agreement with RC Ventures and the board refresh as well as its healthy balance sheet with a net cash position of $101 million at the end of the fiscal 2020 third quarter. See Also: GameStop Put On PS5, Xbox Series X For Sale But The Stock Didn't Last Long Fourth-Quarter Expectations: The analysts expect GameStop’s fourth-quarter sales to decline 3% year-over-year to $2.13 billion, on comparable sales growth of 4.5%. GameStop E-Commerce Transformation: GameStop said in early March that its board has constituted a strategic planning and capital allocation committee to zero in on initiatives to aid its business transformation. The committee, chaired by major shareholder and Chewy, Inc. (NYSE: CHWY) founder Ryan Cohen will focus on transforming the company into a technology business. Cohen, through his RC Ventures, owns about a 13% stake in GameStop. Since its institution, the committee has appointed GameStop’s first-ever chief technology officer to oversee the company’s digital business and technology functions. Led by Cohen, GameStop is expected to adopt a digital business and transform from a brick-and-mortar business model. Price Action: GameStop shares closed almost 0.8% higher on Wednesday at $209.81. Read Next: Gamestop Short-Selling Nets Bill Gross M, Who Says Current Volatility 'Perfect Opportunity For Options Sellers' Latest Ratings for GME Jan 2021 B of A Securities Maintains Underperform Jan 2021 Telsey Advisory Group Downgrades Outperform Underperform Oct 2020 Jefferies Downgrades Buy Hold View More Analyst Ratings for GME View the Latest Analyst Ratings"I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Little gap up in the pre-market.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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5 more stonks at 200 for me.
Tomorrow is the best hope for a gamma squeeze. After that forget about it.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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My friend who YOLOed on GME (and still has more risk then you ever did) thinks it might have more legs next week after the earnings report. Since financial technical information is what is driving the stock above 100, I don't really see how that is relevant. What had to be proved (because I don't think this information is reported) is what the situation was with the shorting HF/etc, and I think that the long HF/etc that drove it up 2-3 weeks ago now have enough information to know whether it makes sense to try to push the short squeeze.
As such, it probably becomes less and less likely every week that it doesn't happen.
My understanding is that for some reason there has been a lot of activity with the 800 calls which is a big reach for a gamma squeeze, so I don't really see it. If they had been 300-400 instead, maybe?
JMJon Miller-
I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.Comment
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Tomorrow is the options clearing day. So there might be pressure. Next week the company does a press conference so that will generate demand, but I'll sell tomorrow whether there's a gamma squeeze or not because others will turn bearish then.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Volume was lower than it's been in a really long time.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I think there is a decent chance that Gamestop sets up an At-The-Market stock sale after the press conference.
That will give the shorting HF an out.
JMJon Miller-
I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.Comment
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Puts outnumber calls today.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Really low volume. I sold.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Looks like something might be happening.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Why do people start buying at 11:45 all the sudden?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Originally posted by BBCI am not delusional! Now if you'll excuse me, i'm gonna go dance with the purple wombat who's playing show-tunes in my coffee cup!
Rules are like Egg's. They're fun when thrown out the window!
Difference is irrelevant when dosage is higher than recommended!Comment
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Seems like people had to buy shares today because their options expired so they did so after things slowed down for the day.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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