This week literally changed my life

I 100% agree with this, the entire GME trade has nothing to do with the quality of the company, just that this sub was able to cause a squeeze in a company with a small market cap. It was enough with the massive short interest. Its happened before in stocks like OSTK. I would say VW was more the big boy version of this with what the porsche family tried to do.

As much as the GME trade went quite well and could definitely go higher, theres only so much money that can be thrown at it. Gamestop is still a terrible company in general and has pretty poor prospects as a retailer in a space where things are going all digital.

People will sel ltheir GME and move on to the next thing (i'm guessing AMC or something which still has a very small market cap and also has the new "reopening" people going to theaters headlines). AMC is also a pretty terrible retail company and is hemmoraging money, but its got a 50+% short interest and is still small enough for a sub like this to move. Everyone cash out of GME in the next few weeks and go to it. WSB at this point is basically a small hedge fund

/r/wallstreetbets Thread Parent