/biz/ - Business & Finance

>>58341218
https://twitter.com/CGasparino/status/1777685274425803119
>What people don’t understand is that a stock can be traded ie owned by multiple people each making money as they trade the SAME share.
>That doesn’t increase the share count.
What did he mean by this?

I'm trying to order an OLED Switch off the Gamestop website, but when I place an order to pick up in-store for the discount, the page keeps refreshing. I'll give the store manager a call to see if there's something we can work out.

>>58081254
I found a piece of the puzzle, There were half my shares with a "covered" cost basis, and the other half which were "non-covered" and had no cost basis. Why is this? I suspect it was because I took a distribution from my Fidelity Roth IRA and had those shares transferred to my Individual, and then transferred over to Computershare. This does not explain why the cost basis would be missing for half my DRS'd shares though. Any ideas? I will be speaking to Fidelity and Computershare customer service to get to the bottom of this.

>>57123668
>Meanwhile poking fun at me while my holdings have continued to increase.
Seriously, what the fuck, why are people like this? I just don't get it. If someone is doing better than me at something, I just congratulate them and be about my business. Is it just me, or have all of our collective "friends" started to expose themselves for who they truly are? I'm sure there are plenty of anons in these threads who have good friends and people in their lives, but in my experience, I only really have one or two good friends I'm in regular contact with. My social circle has been getting smaller and smaller ever since 2016, ans especially so since 2021. People who I was chill with have begun to act passive-aggressively. Anytime I try to hang with other "friends", I get that same passive-seething vibe from them. I was never really good at "comebacks" and "zingers" so I just shrug and go about my day. Just simply not caring and brushing off passive slights, insults, digs, and gotchas seems to make these people even more incensed that if I gave a response. I just simply do not care.
>It really do be like that sometime
I sometimes wonder if it's my unnaturally calm and collected nature that brings out the venom from others, like it genuinely confuses people how I'm not stressed and complaining all the time. Very strange.

>-3.4%
Why is GME following the same trading pattern as TSLA?

>>56499821
So GME's book value is Ryan's original buy price. Cool, I'll keep that in mind. Thanks for the TA, fren.

>>56306212
>>56306856
>30
>50k
>Wastewater Treatment Operator in training
I took the job because I needed work that wouldn't have me fired to no obeying the covid and mask bullshit. I got my CDL-A with an automatic restriction for free on my municipality's dime. We're negotiating our next contract and we most likely will be getting $2 per hour wage increase, which is also bullshit, but I can't complain with how lax the work is overall. I'm seriously considering looking at my options with what I can get paid by strictly driving trucks. I don't know how well I'll handle driving for long periods daily, as I get tired from driving longer than an hour, but I believe my body will adjust to the commute over time.

>>56259933
Double dubs checked. It's disgusting of hedgies to think they can just commit statutory rape in public. Time will tell for just how long they can get away with it.

>>56240126
>FTx being part of the fucking WEF and no one cared
Nope. We did care. We just thought that RC found a way to make a deal with FTX and the WEF on the issuing of their GME tokenized shares as an NFT dividend. It was tin foil bullshit at the time, but I believed it because it was during the time where the NFT hype was at its highest in this circle. And now we see that Ryan has no interest in gimmicks, and his sole goal of making GameStop profitable the old fashioned way. It's the best way to go about it desu.

>>56127013
>>56127043
Are Philippinos considered South East Asian? I Have very reliable sources who've told me they're the most powerful race in the world.

>>56120341
>BREAKING NEWS: Bankrupted Company gets Redeemed, more at 11.
And why should I care again? Is Gamestop anywhere near bankruptcy for me to even give that a serious thought? Besides, if they did have the ability to coerce CS:GO to redeem our shares, why haven't they done it by now? Why wait for the company to be on the verge of profitability? Lets see YOUR DRS sales.

>>56104358
>DFV bought 50,000 shares
He did? Is that the pre or post split number? Damn. He really did go hard either way huh?

>>56084274
Was it heavy?

>>56032600
>>56032618
Did someone post an infographic showing that /biz/ traffic is directly correlated with GME price movements? Really gets the noggin joggin.

>>56009272
Yeah, can I get the “Phil Collin’s Greatest Chicken and Waffles”, fried, hash browns on the side with cheese and onion and an OJ?

Here's an idea. Instead of shitting up a GME hodler thread, why not just start a "short" GME thread? You could even call it /SGME/, and you can include all your DD that proves your belief that shorting GME is a bulletproof strategy to financial prosperity. Now we won't have to waste anyone's time arguing for which thesis is correct or not. That would be cool, wouldn't it?

What's with all the animosity while discussing the stock of a dying rick n' morty store you don't even own? Why not post in your own investment threads? I just don't get it.

>AMC gets redeemed
>GME gets a green dildo
Really makes you think...

https://www.reuters.com/business/retail-consumer/meme-stocks-ride-though-investors-more-cautious-than-gamestop-era-2023-08-18/
>Still, few have approached the levels of short interest seen in GameStop, which had 170% of its sales sold short in late December 2020, as high demand to short the shares led to the same shares being lent out multiple times.
>a short interest of 170%
Well well well, would you look at that. I thought it was impossible for a stock to be shorted over 100% of its available shares? How can a share be lent out multiple times? If you let someone borrow something you don't own, isn't that stealing? On that note, how can SHFs close their short positions if the price is higher than when they first opened them? Something doesn't add up.
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