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.

https://www.reddit.com/r/Superstonk/comments/179hajz/wild_the_current_regression_fit_from_june_14th_of/

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.

  • jersan@lemmy.whynotdrs.org
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    9 months ago

    i’d offer you reasons why I believe that GME is a good investment but you’re clearly a financial expert that knows better than everyone else here, there is nothing that you are able to learn because you already know everything. any points I make to you would immediately be ignored or dismissed and you’ll continue ranting about how we’re a deranged cult.

    If you are truly genuinely curious and care to learn a new perspective, my recommendation to you is to start by watching the 90 second video on the DRSGME.org main page.

      • jersan@lemmy.whynotdrs.org
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        9 months ago

        look at that. you complained that nobody gave any perspective, i gave you an opportunity to engage in learning about our perspective and you did exactly what i expected. you ignored the opportunity and turned it around and attacked again, expressing no genuine interest in learning anything new. but yea, i’m the one trolling

        • mindbleach@sh.itjust.works
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          9 months ago

          You did not.

          You explicitly said you were not doing that.

          You sneered that I’d blindly dismiss anything you said, if you said anything of value. So you refused to say anything of value.

          You then linked a video about the importance of super-duper-owning the stock, without saying a damn thing about why this particular stock is worth owning, in any sense.

          Lie better.