this post was submitted on 16 Jul 2026
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[–] Deebster@infosec.pub 15 points 1 day ago (2 children)

What happened with them being a meme stock?

[–] shiv@sh.itjust.works 6 points 1 day ago (2 children)

Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.

[–] Cityshrimp@lemmy.world 2 points 1 day ago

Its funny how they always say shit like I’m smooth brain, I just buy. And yeah, they continuously buy GME at set intervals, which.. is what normal investors do (sans diversify). Full circle

[–] IPeaceInYourFace@lemmy.world 1 points 21 hours ago* (last edited 21 hours ago)

The stock is still undervalued, that's all that matters.

Moass or not, people are investing in Cohen, and the man is a genius. He's taking GameStop from strength to strength.

You can argue with all the data supporting the moass thesis, but you cannot argue with the excellent fundamentals. Especially in this economy.

Imo, it's free money regardless.

Edit: to add aswell, the fact they're gearing up to acquisition eBay is a huge deal.

[–] ryathal@sh.itjust.works 13 points 1 day ago (2 children)

They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.

[–] beejboytyson@lemmy.world 6 points 1 day ago (1 children)
[–] IronBird@lemmy.world 6 points 1 day ago (1 children)

yup, all sortz of plastic crack basically. low cost/high margin product

[–] IndustryStandard@lemmy.world 1 points 9 hours ago

Kids gambling!

[–] titanicx@lemmy.zip 2 points 1 day ago

They already were that....