GME is a shit stock and should die a long but painful death. Nevertheless it will still outperform BTC in the next 12 month. So let's see if I am right, today GME is at $22 and BTC is at 60K (for easy math). In the next year GME will easily outperform BTC, that is the bet. If not, I will throw ash on my head and never post on ET again. But if I am right, crypto fanboys will acknowledge my greatness and will never try to convert anyone ever again. Now not necessary 12 month from now, but the prediction is that in the following 12 months, the high of GME will be a much better % than the high of BTC, counting from today's base price. GME is a better storage of wealth, a better payment device and you can even wipe your ass with the stock certificates! Come on GME, show them how it is done!!! To the Moon and beyond!!!! Special warning: If I don't respond to you, chances are you are on my Ignore list already what is full of crypto boys, so this will be a lonely thread, but hey, it is lonely on the top.
"GME short squeeze hopefulls" are grasping at straws. Last time, the short interest was ~220%. Now it's closer to 10%. Where's the imbalance to fuel a significant short squeeze?? IMV, the odds of a significant short squeeze soon are low. (Then again, maybe there's something afoot that I don't know...) As far as GME being an investment... more like meh. They do have ~$9/share cash. Then what??
Nah, I just bought AMD, my bad... Anyhow, GME has suddenly just taken off, at $23.5, while BTC is below 59K. Don't worry kiddos, it is a marathon, not a sprint, plenty of time for your little crypto to catch the Moon rocket, that GME is. We gonna check back once a month and see how the race between Roaring Kitty and the crypto bros goes. Until that, enjoy the summer and sayonara...
if BTC drops 90%, GME might only drop 80%. So it might indeed be a better store of value, while at the same time it's also more environmental-friendly.
You're not asking ME are you? GME is likely just "dead money". And it seems a "fool's pursuit" to short BTC in a "risk on" market environment.
Pipes up with a challenge to the crypto community. Admits he has them all on ignore. What a gronk.LMAO.
Course he didnt. The only trading hes ever done is swapping Crash Bandicoot for Call of Duty. On a forum and has anyone with an opposing view on ignore. What a moron.