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Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by LatteLazy on Saturday February 06, 2021 @06:26AM (#26045847)
Plus GME is very low value company. Driving the price up doesn't change the value and price tends towards value over time...
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by voisin on Saturday February 06, 2021 @09:57AM (#26046897)
There is an argument the shorts were driving it down below it’s intrinsic value. This story wasn’t about intrinsic value - it was about the shorts overextending themselves without a backup.
Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by waheoo on Saturday February 06, 2021 @09:13AM (#26046599)
Why does that even matter?

Do you think Tesla is worth what it trades for?

Nobody is mad they bought in at 400 and are now sitting at 50. They're mad because they bought in at 150, were promised a squeeze, and when it happened the market makers stepped in and pulled the fucking rug out.

People are mad because the game is rigged and there is no free market. It's just bullshit. It literally proved the whole premise of "the movement"

Re:Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buye... by JacobSuperslav on Tuesday February 09, 2021 @01:00PM (#26080564)
Tesla isn't Gamespot. Gamespot is a company selling physical video games. And we're in the middle of a pandemic which will probably impact that industry for a couple more years. Not that it wasn't dying already.