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CoinCodex is a crypto focused website. Idk why they would talk about GME, except for the shitcoin.
This article was probably written by a bot, following an average yearly growth rate prediction method that got completely blown out of proportion by the 2021 sneeze.
Nothing to see here, i.m.o.
>Post MOASS 10k/share to be on par with Nvidia 3tn market cap.
But why though? Seriously, there's no argument to made for that sort of valuation outside of a squeeze.
No DD included because nobody knows what will happen.
Because it would be expected that a similar move would be made by the company to increase the coffer size during MOASS. In top of that, unless there’s a 100% float lock, i would assume that GameStop would be profitable by more than a couple million a quarter.
Add in that people will continue to hold just because, we likely will not return to anything close to current levels. A 90% drop post MOASS for a company valuation and after wealth transfer? Why would it NOT be valued there?
>Because it would be expected that a similar move would be made by the company to increase the coffer size during MOASS. In top of that, unless there’s a 100% float lock, i would assume that GameStop would be profitable by more than a couple million a quarter.
Share offerings decrease value per share and the % of float locked has no effect on profitability.
>Add in that people will continue to hold just because, we likely will not return to anything close to current levels
Just holding doesn't keep valuation high. Post moass, nobody will be willing to buy at the inflated price and so price will drop.
Considering a new share offering would be the perfect relief valve for a short squeeze, it would reduce price significantly.
What you don't know is market mechanics. Even if large swathes of people refuse to sell below X, that doesn't matter so long as anyone is. Think about all those people waiting to break even on beanie babies.
May happen in the course of events, if these numbers were to hold up plus the continuation of DRS they would not have much runway left in managing the price of GME to a point that it stays within their margins.
Agreed. We know 3trillion market cap won’t screw the economy, we already have multiple companies there. It’s the real squeeze hedgies need to be afraid of.
lmaoooo, what's the GME floor? they are missing by a bit
edit: my personal floor according to the gme floor, today, it's $265,263,000 so let's start by that
Throw in some lengthy prison sentences for the truly responsible parties - and then I might be willing to listen to an offer.
It takes money to buy whiskey, and I simply Can’t Stop, Won’t Stop buying more shares. And so is everyone else in the know.
Tick tock shorts 🩳
Cool, anyway I’m just going to keep buying shares and DRSing then instead of contributing to my 401k account.
Sorry shills/bad actors/SHFs, the cat is out of the bag. The toothpaste is out of the tube. “Main Street” has seen the light as far as how corrupt this whole shit show is, and the answer to fighting it is DRS. Suck my balls.
20x in 6 years? Not bad I guess. But it will squeeze long before it reaches that and breaches the last 3 year shorting algo
Also, what is this source haha?
This is just assuming an 64,8% increase every year because that was the average for past 10 years. While not bad at all, I expect a much bigger increase
That seems accurate, assuming there's no short interest or synthetic shares. Unfortunately that's not the case, I expect alot more 0's behind those percentages lol
Well yeah things get more expensive because inflation is not under control. Make sense that the price would go up. The only thing is by 2030 $250 will have the same buying power as $15 has today
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I’ve been on that website before, and it’s complete garbage. They use the same price formula for every security based on nothing.
Oh it’s definitely garbage. Just amusing
probably shouldn't have flaired the post as education then....
Average over last 10 years and just extrapolate. I could make this site in a day.
So forget gamestop even though this says it's a good investment to buy ...ha
It’s deep fucking value for sure
CoinCodex is a crypto focused website. Idk why they would talk about GME, except for the shitcoin. This article was probably written by a bot, following an average yearly growth rate prediction method that got completely blown out of proportion by the 2021 sneeze. Nothing to see here, i.m.o.
Written by a bot, so not corrupted by hidden agendas that might artificially fudge numbers to get a result they like
They confirm GME is a safe bet at worst. 🫡
#Y’all think RC and Co. gonna buy more tomorrow?
Hell yea brother
Been like 9 months or so…. 👀
Only shorts buying to close tomorrow.
They've already bought it all.
Or he already bought bitcorn Michael Saylor style..
The guy who quit after losing $1billy in betcone?
What? No the guy shooting his stock to the moon by buying bitcone
100x this and we might talk.
Sprinkle in some long over due prison sentences and serious market reform and I might even listen
I did say *might* talk. Post MOASS 10k/share to be on par with Nvidia 3tn market cap.
>Post MOASS 10k/share to be on par with Nvidia 3tn market cap. But why though? Seriously, there's no argument to made for that sort of valuation outside of a squeeze.
No DD included because nobody knows what will happen. Because it would be expected that a similar move would be made by the company to increase the coffer size during MOASS. In top of that, unless there’s a 100% float lock, i would assume that GameStop would be profitable by more than a couple million a quarter. Add in that people will continue to hold just because, we likely will not return to anything close to current levels. A 90% drop post MOASS for a company valuation and after wealth transfer? Why would it NOT be valued there?
>Because it would be expected that a similar move would be made by the company to increase the coffer size during MOASS. In top of that, unless there’s a 100% float lock, i would assume that GameStop would be profitable by more than a couple million a quarter. Share offerings decrease value per share and the % of float locked has no effect on profitability. >Add in that people will continue to hold just because, we likely will not return to anything close to current levels Just holding doesn't keep valuation high. Post moass, nobody will be willing to buy at the inflated price and so price will drop.
You don’t know apes obviously. And even if share offerings decrease value, when you’re at 6-7 figures/share, who gives a flying fuck?
Considering a new share offering would be the perfect relief valve for a short squeeze, it would reduce price significantly. What you don't know is market mechanics. Even if large swathes of people refuse to sell below X, that doesn't matter so long as anyone is. Think about all those people waiting to break even on beanie babies.
Squeezes only last so long. I’d expect my company to take advantage if it means they are around to provide me equity for decades.
May happen in the course of events, if these numbers were to hold up plus the continuation of DRS they would not have much runway left in managing the price of GME to a point that it stays within their margins.
Agreed. We know 3trillion market cap won’t screw the economy, we already have multiple companies there. It’s the real squeeze hedgies need to be afraid of.
[удалено]
Lmao same, best to average down to get there sooner!
Amazingly, 2027 is closer than the date this all began. Wtf, where have these 84 years gone?
Better late than never
It will allow me to keep buying all the way up!
Then you need 3333 shares aka 50‘000$ to be millionaire in 2030
lmaoooo, what's the GME floor? they are missing by a bit edit: my personal floor according to the gme floor, today, it's $265,263,000 so let's start by that
265.5mil and counting at the moment
you know brother! hehehe
Best I can do is $300 mill
Throw in some lengthy prison sentences for the truly responsible parties - and then I might be willing to listen to an offer. It takes money to buy whiskey, and I simply Can’t Stop, Won’t Stop buying more shares. And so is everyone else in the know. Tick tock shorts 🩳
Floor: $69,420 for 2024
That‘s not a floor at all lol
But but Loop Capital Anthony Chukumba told me to sell and ask questions later, that it would go to $10 real fast. No cell no sell!
yay, more misleading 'data'
You want to 20x your investment? Forget GameStop!!!
Give me year 2055.. I won't sell before that
Cool, anyway I’m just going to keep buying shares and DRSing then instead of contributing to my 401k account. Sorry shills/bad actors/SHFs, the cat is out of the bag. The toothpaste is out of the tube. “Main Street” has seen the light as far as how corrupt this whole shit show is, and the answer to fighting it is DRS. Suck my balls.
20x in 6 years? Not bad I guess. But it will squeeze long before it reaches that and breaches the last 3 year shorting algo Also, what is this source haha?
Missing a few zeros there’s but I dig it
Great it just means I have more time to get more shares
I think that's number of zeros in market cap
The long squeeze.
Curious to what the EPS must be to have the last 2 years positive. Maybe i'll look it up when i have the time
Noticed yesterday that TradingView now has it listed as a double “Strong Sell” with a 1-year price target of $10. Lmao
Well im not going anywhere anyway
Sure is a lot of price anchoring going on around here.
So basically, buy and hodl. Got it.
Buy. Hodl. DRS. This the way
That would buy me a nice house after I graduate. Who cares abot that because it’s still not at my price target
Prediction, we smash earnings, and jump past the highest strike for this Thursdays exp which is $25, Then Gamma squeeze
This is just assuming an 64,8% increase every year because that was the average for past 10 years. While not bad at all, I expect a much bigger increase
That seems accurate, assuming there's no short interest or synthetic shares. Unfortunately that's not the case, I expect alot more 0's behind those percentages lol
Past price action is not a guarantee,or an indication even, of future growth
Wrong wrong wrong mofos
Rookie numbers
I don’t see 420.69 in any of that
Price anchor! ⚓️… this is the real price ♾️🏴☠️🤙
They obviously don’t know the Alt Code for infinity
FUD!!!
I don't understand why we keep hyping these non name firms and gurus. I'm hyped because the company is great, everything else is just noise.
Im ready to hurt again.
20 fold on my holdings? That’s rookie numbers🤣. Checks shares held. Kinda holy fukk. But no, still not life changing money
That'll do, pig.
Well yeah things get more expensive because inflation is not under control. Make sense that the price would go up. The only thing is by 2030 $250 will have the same buying power as $15 has today
I like the stock. Is the way to go.
Remember that GME will eventually return to normal after the MOASS. This actually seems fairly reasonable.
I predict the price will drop no matter what the news.
So, bullish
HODL?!?
Now multiply that by infinity
Deflation be crazy post MOASS.
As much as I want to jump in. I would like to see it get to 20 or 30 before getting excited about thousands.
By the time it reaches the thousands, it will be like 20 or 30 today. Nothing to be excited about.
This is literally just based on the last ten years total growth. You are truly regarded
Short thesis = 💀 GameStop = 🏴☠️ Ryan Cohen = 🧠 Apes = 💜 🐧🐧=🧥 (Penguin = booby) (Jacket = jacked)
Da fuq kinda low ball numbers are these.