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.

  • MozooZ@lemmy.whynotdrs.orgEnglish
    31·
    1 year ago

    You keep putting words in my mouth - dishonestly. The fact of the matter is the larger Wall Street network and regime can and does “brainwash” people, to put it simplistically. More importantly, I didn’t say you were “brainwashed.” The words “conditioned” and “biased” were used which don’t equate to “brainwashed” - in my opinion. I have noticed a pattern in your replies that you are very binary - black & white - in your thinking.

    With that said, it’s really not all that unreasonable to think you’ve taken the bait hook, line & sinker when it comes to this particular larger issue around market criminality and fraud - much of it rooted in a lack of transparency and ownership - both of which are greatly affected, positively (for household/“retail” investors), by people being aware of and using the Direct Registration System - along with and in addition to understanding of the market mechanics that surround not only GameStop, but all companies in the U.S. “stock market.” Those “market mechanics” have been previously linked.

    • mindbleach@sh.itjust.worksEnglish
      12·
      1 year ago

      ‘How dare you paraphrase me. Yes I mean brainwashing. I didn’t say brainwashing. But it’s not unreasonable to say you’re brainwashed.’

      Shut up.

      • MozooZ@lemmy.whynotdrs.orgEnglish
        41·
        1 year ago

        I mean, words have definitions. “Conditioned” and “biased” aren’t “brainwashing” unless in extreme degree, I suppose. Sounds more like you’re angry at the possibility - the potential - that you are, in fact, ahem conditioned and biased to such a degree as to reeeeeeeeeee all over this post and thread.

        The most powerful network of money and influence on the planet… in all of human history…

        Don’t forget to forget GameStop, kiddos!