Gamestop and The Stock Market

[prodigy]

Short interest less than half what it was. Are people buying this thing now based on its business model and fundamentals? Yikes.

I asked about that. They just directed me to this video -

 

[idestroyedthetoilet]

Earnings are out. Crazy it's staying this high. $12.7 billion market cap for a company with a book value of $437million, losing $215million per year, and not a growth story is ludicrous. They could issue enough stock to pay off all debt and still lose $180million a year.

 

[Saint Cy of JFC]

I’m testing a new investment methodology hypothesis.

I did it in January with my own real money, and I basically had a return that outpaced the S&P by an additional 5% return.
So I’m currently running 3 test case hypothetical baskets to see if my methodology is sound.
So far, so very, very good. Even in the downturn over the last few weeks.

?

 

[Al-O-Meter]

White Square Capital, the hedge fund at the center of the GameStonk is officially dead. Well done WallStreetBets.

Hedge fund that bet against GameStop shuts down

White Square move marks one of first closures of fund hit by surges in so-called meme stocks

www.ft.com