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Joined June 2021
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$GME I was wrong -my whole view on this chart has changed. Everything points toward testing $17-18 before any squeeze. Idc if we even see $28-30 I believe my overall theory is correct. I would love to be wrong and we squeeze soon Gamestop. youtu.be/wkmhrhcQ-mw?si=zIxy… via
@YouTube
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$AMC $3 this week and when it does you’ll know whose goated
Thank you for your attention to this matter
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$GME Ok, I'm going to tell you the cold honest truth
Here we go..
If you are a Gamestop shareholder, you are basically now a future ebay shareholder betting on Cohen's vision for it. He's done with Gamestop. He's stated several times, its a difficult "ok" business.
What he's not saying is, he used retail as dilutive cash vehicles to potentially achieve the hostile takeover bid.
If you're ok with this then all good, I think his sweet spot is e-commerce, its a big bet but i think he will definitely improve ebays presence and power in the market.
As for Gamestop? I'm deeply disappointed this is all weve gotten for 5 years of no return and iron clad loyalty.
I think Gamestop had way more potential and still does, but I dont think cohen will be steering that ship anymore. Remember GME will absorb EBAY if the get this deal done eventually so I am DEFINITELY not saying its will be less valuable, this is why I say $18ish short term, $100 long term after the deal.
I believe @TheRoaringKitty wanted something more transformative rather than dilutive to buy something bigger.
This is the cold hard truth. Are you ready to watch the focus shift away from GME? Because it will, thats why he leaned out the business and closed all the stores. Anyone can now operate GME smoothly as he works n EBAY.
I'm not telling you what to do with your money, I'm just telling you that theres no vision or future plans that have ever been released or shown to shareholders about GAMESTOP.
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and yes powerpacks are cool, but its been done before it wasnt an original idea and still needs tweaks and future proof - if you get mad thats on you.
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$GME I keep the comments open because I let some of you cry and vent and call me names because that’s part of the process of sentiment and setting the spring bottom
The facts
1. Many GameStop influencers and accounts said we were going $32 and going to squeeze countless days
2. I’ve been saying $18 since February
3. We are factually way closer to that target than $32
4. I also said look out for $AMC in February as I believe the risk reward was getting lopsided- up 100% since the bottom
I’m a macro bull on GameStop but shorterm bear and none of your burners from Canada or India or China are gonna make a difference -it’s not hard to understand
Notice how all of the influencers got it wrong and started pivoting to other stocks to hide the fact that they completely left you out to dry as they bought leap calls for 2027 with your discord money ?
See you at $18 GME while amc probably hits 4-6 before the memes both run !!!!!
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$GME it just is what it is. I’ve been right about it since February. $18.
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$GME has no reason to move up aggressively until the whole eBay saga has come to an end - tons of sell pressure as you can see after every scam pump and dump ah.
I don’t know what else to say other than $18.. for starters.
Do I know when a deal could happen directly with the shareholders of eBay? No. That’s why I said if you want to not think about timing go leaps and DCA shares as we go down.
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$GME name the one thing with GameStop that you can actually prove makes the stock price go up, stay up and establish a new trading range higher?
If you answered :
1. Earnings 2. More cash from dilution 3. Ryan cohen tweets 4. Fractals 5. Harmonics 6. Sentiment 7. Future valuations 8. Insider buying
These are all in fact wrong answers
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$GME we are far closer to my $18 target than any target all of the usual suspects have been spewing the last couple months and I don’t shut off my comments ! I let some of you just run your mouth wild and then go silent when GME nose dives - love or hate me I stand in my conviction.
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$GME it’s just so sad.. yes it’s a bad investment UNTIL the eBay deal is done. Community can’t even read and continuously screams and victory laps on these liquidity grabs afterhours.
Understand what the play is now.
I’m a MACRO GameStop bull. How hard is this to understand 🤦🏼♂️ 😂
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$GME Ryan Cohen is 100% funding the eBay deal with our beloved GameStop. To ensure he gets his pay package he is basically saying he will buy back shares overt years - which to be fair is a good show of faith
What this means to me is simple : GameStop is a horrible investment until the eBay deal is done- the way that I look at it is - dollar cost average at levels as we go down and then you have a nice bag of shares for when they finally acquire eBay
Simple
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$GME algo needed liquidity - price going sub 20 extremely fast now
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$AMC if she breaks $2.50 things can go to $5-6 quick
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$GME now some good news. Im expecting late June/July to be very fun for the meme'sters
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$GME My overall theory updated.
Every step labeled in sequence for algorithm designed to complete before every markup.
We are in the final stage 5. Come back to the bottom of the markup - which is why i've been warning so many of you to be patient
Here's what I can't prove without more data:
1. Will price perfectly bounce above $17.70 final support candle in the $18 range like last cycle?
2. Is it more about creating a spring before the markup and less about where price ends up? (example we go much lower than $17)
3. There have been 4 macro bull traps in 2021-2024 before spring in May 2024 and now theres been 4 macro bull traps now. Will that lead us to the spring?
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