Do y’all still think gme is undervalued? With an upcoming collapse of financial institutions with the MOASS and whatnot? Or you meming a long dead meme? I don’t know what to make if this community.
Video attached I thought was a very good explanation of the whole ape mindset.
Cool, that’s pretty much what I think too. The company might still have some legs, but the stock price is completely in left field.
You can’t let price action tell you, post-hoc, if you were right or wrong in your thesis, in a market where price discovery is broken and nothing trades on fundamentals. It’s been structured as a casino through PFOF and things like Citadel Connect, which is a dark market that isn’t even as regulated as a dark pool. This explains why the conversation has shifted away from simple buy + hodl and towards actually talking about market reform. Jon Stewart agrees with us about all that (I knew a guy who actuall discussed it with his verified Reddit account), and did a piece about it on his Apple TV series. The GME saga does have its dipshits and foibles, but I still view it as a story about market reform and basic property rights.