Gamestop is NOT a s*** company in everybody's eyes. It's only a "s*** company" in people who want to take advantage of its demise to make a profit. It just fell out of time just because everybody decided to stay at home and download everything. Just a company fell out time doesn't mean it's a s*** company. Same as AMC, it's a good company that provides a good service, a service that everybody all enjoys but it's not doing well now because of the stupid pandemic that forces everybody to stay in their home and not doing anything with strangers. Is it AMC's fault that its service is not compatible with the pandemic? Should it be punished for something that is not its fault nor could it predict? Again WSB is a hero! It gave companies a chance to get back on their feet when they have been beaten down mercilessly by opportunistic vultures when they've done nothing wrong. I can understand the shorters want to bring companies to its true value but they should only do it to companies who have really done something wrong, gravely wrong like Enron or those Chinese companies who have inflated their assets and/or their profitability to defraud investors. But they shouldn't have taken advantage of companies who are just having a tough time through no fault of their own.
You speak as if you had the facts. Nobody has at this point. Your hailed WSB most likely turns out to be a cess pool of shady operators and a bunch of dummies. I am happy to stand corrected once we have all the facts on the table.
Ok I am not talking about WSB here. I am saying in general shorting a company to its ground is not always justified. A company that is not doing well is not necessarily a s*** company. And I am glad that it's been proven in this case regardless of the stock buyers' motives.
LOL that's rich from a $GME retard who know as much on compliance as he does on trading or markets anyway not point discussing compliance and SEC regulations with complete $GME retards, their records speak for themselves
You should be kidnapped, hog tied, waterboarded, and barely kept alive so that you can relive the torture of waterboarding everyday.
OMG, this is too fucking funny. Hey, you should work as a stock analyst for Bloomberg or maybe work for Cramer as a stock assistant, you will do wonder, same intelligence level and BS arguments.