GME: Agreed. Shorts only path: cover and go long
Anyone short this stock clearly will not survive the natural rise in share price that's coming based on the fundamentals of the company. Hedge funds / market makers will go bankrupt if they wait any longer to buy to cover their egregious short positions.
Research report after research report is showing that there is a high likelihood that GameStop is shorted 10 times its outstanding shares. It's essentially trading by every measure as if it's outstanding shares is 10 times what it currently is!
Yep, everybody just keeps buying. No matter what, there's been 9 out of 10 buy to sell ratios.
It would be really cool if the shorts could learn their lesson here, join forces with the Longs and be part of the super stock going forward. That way everybody's happy.
Shorts would be smart to buy to cover prior to the shareholder meeting in 30 business days, because a lot of new investors are going to pile on with more and more and more shares.
Everybody loves a stock dividend. And the release of the nft marketplace and blockchain stock market are going to be really good for not only GameStop Corp, but world markets of the metaverse. And all of this is a bonus to the overall sales increase of both e-commerce and the brick + mortar.
We are talking about a trifecta sales Monopoly: metaverse and in-game markets (web 3.0 / new), e-commerce (web 2.0 current), and brick-and-mortar (current). The year-over-year sales increases are also looking very attractive. Profitability is only a few months away.
$GME
#GME
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