A forum for discussing and organizing recreational softball and baseball games and leagues in the greater Halifax area.
GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion
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Yeah, it's a embarrassment I have to live with forever. The person who got me and my friends into it doesn't talk to my group anymore and I think it's out of shame. I, in turn, feel shame not only for my part in participation in the market, but for convincing others to buy shares as well. Fucking thing sucks, I want my money back Ryan, you cock.TBF it was a good idea to buy, just required the caveat that you should've sold in January. I somehow timed my exit well, then proceeded to plough a stupid amount into another meme srock which now sits at -48k, a good reminder that gambling is for idiots. Like me.
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The company as a whole is profitable with not a dollar of debt, where is this staggering hemmorage?
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Honestly as a dumbass still holding worthless empty bags labeled GME, I hate Ryan Cohen almost as much as I hate Musk.The stock price is not declining, and is up for the year. What's the problem?
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I just wish I was paying attention the day it climbed back up to 60$, I would have sold for a small profit in a hurry...Same same same same same.
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The company as a whole is profitable with not a dollar of debt, where is this staggering hemmorage?Recall that the first quarter after the whole WSB thing, they had something like 2 billion in cash from that whole thing. A year later, they had 1 billion. Half a year later, 500 million. All of a sudden this quarter, after shutting down stores all over the place and gutting their staff, they're claiming 4 billion cash on hand, helped out by unproven social media claims growing their stock price 30%. *doubt*. Their business model relies on physical games being sold multiple times, once when new, and then multiple times as used copies. This is why they're focusing on retro consoles. New consoles have passable online marketplaces, so Gamestop cannot compete, and are completely inferior to PC gaming, which hasn't needed Gamestop in 20 years.
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-whispers into your ear- You should sell.I think people underestimate the mental health benefits of never thinking about whether number you canβt control or predict go up or down.
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I was locked into FOMO and sunk cost fallacy, I'm now trying to get these scumbags at Computershare to give me my shares back so I can sell them.Man, that really sucks. Iβm sorry to hear that. I had it happen to me once with $SLV.
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This post did not contain any content.guess it's time to finally sell my GameStop stonk. Carbon hands, everyone.
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They don't sell a lot of video games at farmers markets and craft shows... You have to go to a flea market for that, and those are rather dodgy.
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It's not even a weird twist it's just people who understand how capitalism actually functions and realize that investing in their workers means their workers have more disposable time and income to spend buying shit at Costco. It's wild to me that we've gone from advocating for leftism to "if we are gonna do capitalism shouldn't we at least do it in a way that won't break literally everything?" Costco is simply a traditional capitalist business that doesn't want to see the economy completely implode for everyone but the rich.Ford used to say something to the effect of 'pay your workers well enough to afford the product they're building' and it seemed to work well.
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At the rate these chains are telling me to fuck off with my business and ignore them I'm gonna end up with nothing but farmer markets and crafts shows to shop at...I have some bad news about farmers for you...
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Nothing really aside from the annoyance of living where everything is 20 miles apart makes shopping at multiple small shops quite time consuming.Good for retro though
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I also haven't had a reason to go there, haha. Probably soon for diapers, though, as Target is also shooting itself in the foot.Nearest Costco is about 45 minutes from me so while it looks like a decent replacement to Target, it's going to have be a bit more planned that just pop out for a quick thing. Still sort of working on how to keep track of who all I need to avoid. It may only be a small amount but I'm a stubborn one when it comes to avoiding shops. The city pissed me off once so I refused to use their municipal beer shop for like a decade after.
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This post did not contain any content.what an odd thing to say for a company that employs millions of minorities. sold my stock and wont be supporting chewy either
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guess it's time to finally sell my GameStop stonk. Carbon hands, everyone.i made $5 from years of holding
quickest sell of my life
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Recall that the first quarter after the whole WSB thing, they had something like 2 billion in cash from that whole thing. A year later, they had 1 billion. Half a year later, 500 million. All of a sudden this quarter, after shutting down stores all over the place and gutting their staff, they're claiming 4 billion cash on hand, helped out by unproven social media claims growing their stock price 30%. *doubt*. Their business model relies on physical games being sold multiple times, once when new, and then multiple times as used copies. This is why they're focusing on retro consoles. New consoles have passable online marketplaces, so Gamestop cannot compete, and are completely inferior to PC gaming, which hasn't needed Gamestop in 20 years.Theyre also going against small gaming hobby stores which while not everywhere they can offer secondary services not reliant on reselling games multiple times. Such as offering LAN parties for old games, table top games, or even movie nights. These are just things I know the shop one of my kin in Arkansas goes to does.
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I was locked into FOMO and sunk cost fallacy, I'm now trying to get these scumbags at Computershare to give me my shares back so I can sell them.Yeah let me know if you ever figure that out
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They don't sell a lot of video games at farmers markets and craft shows... You have to go to a flea market for that, and those are rather dodgy.What ya dont want to gawk at the gangster spongebob shirts that seem to be at every stall?
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I lost $300 bucks but here's what I gained: I stuck it to the man in 2021, and I am sticking it to Ryan Cohen today.
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It's really greentextIt's not I assure you... I paid like 50 bucks for the Bitcoin I think maybe 100 at most... I had it for a while... I don't care about the money it's mostly written off I just let it sit at this point because you can't time the market or something