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I think you're right. But I also think it is only temporary.
As long as Bitcoin price continues to go up, fundamentally, you can't keep RIOT price down. RIOT is the leader in mining. Big money buy leaders in its space/sector. This is a buying opportunity which is why I'm all in now.
I honestly think that in the next one to two months, RIOT will double from here. Many people including myself believe Bitcoin will hit $100k before end of this year and $250 to $300k before end of next year.
Just hold and your're fine IMO.
Detached from reality. Single biggest factor impacting stock price for RIOT as a miner is Bitcoin price.
Bitcoin price is higher now then when RIOT hit $78 in February but stock price is little over half of what it was.
This shorting is big money manipulation not supported by facts. This is nothing more than a buying opportunity IMHO.
Expecting reversal tomorrow and short squeeze in the upcoming weeks.
RIOT is being shorted by hedge funds. Their day of reckoning will come.
I expect a big short squeeze in the upcoming weeks after the dust settles.
All In
Oversold
I share the same thoughts.
You can't keep RIOT down for long not when Bitcoin prices are climbing.
Many analysts believe bitcoin will hit $100K easy this year. I think it will climb to $300k in 1 to 1.5 years IMO.
I suspect Citron Research is shorting.
https://www.fool.com/investing/2021/04/13/citron-research-goes-negative-again-saying-riot-bl/
Looks like it will be tomorrow
Bought some yesterday and more on the dip today
Six straight down days. I seriously doubt we will have 7 straight down days. Looking for reversal today.
Shorts, Just take a look at ACY today
This may be GME before the 16th of April
Strike Price for Those Calls are $800.
Many people are thinking the Gamma Squeeze will be before than.
What happened to your arguments about fundamentals?
That it is only worth - was it $10 or $40.
I guess better late than never.
Oversold. Chart Reset. Buying Opportunity.
Dip on no news
This was missed opportunity for Cohen which is the reason why the stock is down IMO. No ecommerce digital sale strategy, no crytocurrency.
Now Down 13% After Hours
Up 5% After Hours
If Ryan Cohen mentions ecommerce digital sales leveraging ANY of the crytocurrency we open at $300 tomorrow.
Ryan Cohen in the House!!!
What is common sense is that shorts don't want to cover at higher price
They will be forced to after tonight
Low Volume Manipulation
GME may open at $300 tomorrow
UNCONTROLLABLE BUYING
Massive short covering tonight
$300 open tomorrow?
Or $500 with a blink of an eye
I wouldn't call manipulated slow bleeding a falling knife.
The new outlook has started with another departure of Chief Customer Officer Frank Hamlin.
March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company on March 31, the latest sign of a broader overhaul at the video game retailer driven by its top shareholder, Chewy.com co-founder Ryan Cohen.
This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce for the mall-based retailer.
6 out 7 Days Red with 1 Day of a very small gain in between.
He likely didn't.
He said he believed in Ryan Cohen
Earnings numbers won't matter much.
News about the ecommerce plan and outlook is what matters.
That may be true but that is not why I'm holding into earnings and long.
This fake pressure downward is to create the perception of bad earnings.
Nobody knows if earnings will be good or not but I don't think the numbers will have significant impact on price. What will have material and significant impact on price is information on his plan and strategy on ecommerce. How they may leverage cryptocurrency. And any potential offerings in stock to raise capital and potential stock split.
Looks like Heavy Shorting going on.
Looks like Hedgies have the narrative again
It WILL be explosive
Explosive launch into Stratosphere
Jim Cramer Says He Believes in Ryan Cohen
I'm not a big fan of Cramer but I do agree with what he says in this video.
Cramer says there are so many things Ryan Cohen can implement to digitize GME for eCommerce with bitcoin and cryptocurrency.
https://www.thestreet.com/video/what-jim-cramer-expects-from-gamestop-earnings
There Are NO More Shares to Short
Try shorting. There are no shares to short from brokerages for GME.
That can only mean ONE THING.
Any mention of Cryptocurrency use for ecommerce by Ryan Cohen during earnings announcement will see GME takeoff like a Rocket.
Monday Will be a Good Day for GME IMO.
I expect run up to earnings like AMC.
DTCC rules change will start to force hedgies to cover from margin calls.
Stimulus money will be hitting GME.
Don't believe articles claiming stimulus money will not be coming into GME or AMC. Shorts and hedgies are behind those articles. Only a fool would think the money will not be flowing into these stocks.
Timing is good for buying based on the recent pullback/dip.
If Ryan Cohen mentions ANYTHING about transition to ecommerce backed by crytocurrency, it will be like lighting ignition to a rocket launch that could result in run past $1k.
I'm not a big fan of Jim Cramer but Cramer seems to have confidence in Ryan Cohen.
https://www.thestreet.com/video/what-jim-cramer-expects-from-gamestop-earnings
The Earnings Likely Will and Will Not Have Impact On Share Price
Most people are not expecting good numbers from GME.
Whatever they report, unless it's a big change either way, it will likely not move the stock much.
What everybody is interested in is what Ryan Cohen has to say about the future plan/strategy to transition to ecommerce business.
Another words, the outlook. We have not heard much from RC but if he provides positive insight/outlook, we will see another run IMO.
You know its time to buy when Clay is bullish
Gamma Squeeze Round Two Next Leg Up Starting
Stimulus Money
DTCC Rules Change
Earnings
The Perfect Storm
There are those that are looking to make fast money but there are also those like me who invest based on future outlook.
GME is now focused on ecommerce transitioning away from traditional brick and mortar retail outlets. Ryan Cohen is leading the way to make this happen sooner than later.
That is the outlook, vision, and execution. Stock market is forward looking. What moves the stock price is future outlook.
With GME, you have to have foresight.