OS stock investing thread

[Blzer]

Quote: Originally Posted by georgiafan

Ahh didn't realize GME had earnings tomorrow

Yup.

And let me clarify, GME has had red days on every earnings day in the past long time. This is the price suppression the shorts work for. All of this stock borrowing may not have been used to short it yet, and if they drive it back down below $100 I'm going to buy as many shares as I can. I just got my paycheck and have been waiting on that to do so, but only if I can lower my average.

Anyway, unless they're forced to close their positions, the price will always be wrong and this will always be a steal. When it rips is yet to be determined, but it IS a when and not an if.

[georgiafan]

Earnings always scares me with these stocks even if they beat expectations it seems to either stay even or go down. I don't have GME, but always keep tabs on it bc amc.

[Blzer]

The general earnings rule anyway is "buy the rumor, sell the news." GME could announce they found the cure for cancer and it would go down. It may go up leading up to it though, then hit a fast AH decline.

If you want to be a part of the stock split dividend at a cheaper price though, it may be announced at any time maybe ten days after the vote to increase the share count to 1B is approved so this may be near the time to do so. Maybe after they drive it down after earnings will be the best time for me then.

[p_rushing]

Quote: Originally Posted by Blzer

The general earnings rule anyway is "buy the rumor, sell the news." GME could announce they found the cure for cancer and it would go down. It may go up leading up to it though, then hit a fast AH decline. If you want to be a part of the stock split dividend at a cheaper price though, it may be announced at any time maybe ten days after the vote to increase the share count to 10B is approved so this may be near the time to do so. Maybe after they drive it down after earnings will be the best time for me then.

I finally bought a few during the dip last week. With the split happening, should be able to make a profit unless I just hold it. Now if the other things happen, I'll believe it when I see it as the market is completely manipulated, then I won't ever have to think about money again.

Sent from my SM-S901U using Tapatalk

[Blzer]

GameStop is issuing a 4:1 stock split via dividend on July 21st. Anyone who is a shareholder on or before July 18th will receive three additional shares for every one share owned from the corporation.

The NFT Marketplace should launch any time between then and July 31st, if they stick to their plan of launching it before the end of their Q2 2022.

Expect much FOMO.