Soldato
- Joined
- 25 Nov 2005
- Posts
- 12,444
If they were paying a dividend I could understand it a bit more, I just don't see the attraction in buying companies that have already basically already taken every inch of market they possibly can. I just struggle to see the upsides outweighing the downsides at the moment.
Downside risks are mounting up, risk of general tech stock correction, clampdown on tax avoidance, competition regulators getting interested in breaking them up, general customer backlash again ****-taking multinationals.
Loads of stocks out there that are a more appealing buy right now, imo!
Looking at Gamestop I don't think the market cares about any of that, it's pure mania and it's going to last quite a while I imagine, it may even be the new forever
There is a top post in wallstreetbets about how gamestop could go to $130,000 a share.
Just lol.
To be fair it wasn't a user that predicted this price but an AI
I believe that the AI-Model of GameStop's share price, which predicts $130k a share, is predicting this because it believes that we will hit 800 before 2/26, therefore causing the Mother of All Gamma Squeezes. Which will then trigger the infinity short squeeze which sends us to $100k+