The price drop is because of market manipulation and the current price doesn’t represent fundamentals. We all know GME is worth more.
But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.
I don’t think it will actually hit 0 but I know I’m going to be buying more in November and December.
Point is don’t let this rattle you. I bought my first share at $448.30 so why wouldn’t I buy more at $1?
The finish line isn’t out of reach any more. We’re going to lock the float, and we’re going to do it fast. Buckle your seatbelts.
Yeah, because only you think it’s important. It’s so central to this cult belief system, it’s in the fucking instance name. Congratulations on making a big deal out of it - now please spend literally any effort explaining why I’d give a shit.
None of the money “safely locked away” exists, if the company goes under. You hold in your hands a tiny sliver of a retail chain in a market that might entirely cease to exist, and your expectation of wild growth is rooted in something that sounds like NFT garbage. Or at best, trying to bring back their classic skeezy revenue stream, buying used games for a pittance and selling them for near retail price. Which is one of those things that obviously will not go well for a centralized middleman service… if words like “decentralized” are anything but empty marketing lies.
[you can ignore this “mindbleach@sh.itjust.works”]
To all other readers: in interest of other viewers/readers and posterity and clarity, see a response to this line of table pounding here.