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.
I wish you cared how reasons work.
Why do you care oh so much bro? Hmm?
Why do I care… how reasons work?
Because words matter. Because rational argument is how you avoid getting sucked into any sort of cult bullshit, where ingroup loyalty takes the place of all other decision-making, and then takes all your money.
There’s half a dozen people piling on to shout down some fairly simple questions, and not a goddamn one of you has anything to say in your defense. Genuinely nothing. Prove me wrong: tell me why you think this struggling retailer’s going to do anything but continue struggling.