vile333 wrote:Mamoo wrote:
but what does this mean for gamestop btw, can someone explain to me like if i was five
i used to work at gamestop but it got shut down buuu
$gme to the moon. But in all seriousness, all the trollers and redditors buying into gamestop are making the stock skyrocket so much.. it's crazy. The boomers who are shorting it (basically paying and making money off it because they believe the stock is going down) are losing so much money (as a result of a big mass of people betting it will go up; also sick of market manipulation and what not). If gamestock wants, it can use this opportunity to regain their.. losses and debt? I think they're in debt.. Gamestop would then need to make a direct offering to the public which means the stock might go down... but in the end it's a dead stock, it's bound to collapse some time. When? who knows.
Sorry! long message..
i love how unreadable and full of jargon all teh conversations about this are lmao like stock jargon is impossible and then reddit jargon on top of that lmao