Completely agree with this war-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Completely agree with this warning. There is no fundamental to the company and the timing of the $4b raised was incannily linked to the resurface of Roaring Kitty. If we want to discuss conspiracies, one can even suspect there was some collusion involved.

Disclaimer : I am not a financial professional. Not an advice to trade either way. But I personally have made quite a bit shorting GME.

GameStop Warning: The Rout in GME Stock Could Just Be Getting Started

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There is no fundamental to the company and the timing of the $4b raised was incannily linked to the resurface of Roaring Kitty. If we want to discuss conspiracies, one can even suspect there was some collusion involved.&nbsp;</p>\n<p>Disclaimer : I am not a financial professional. Not an advice to trade either way. But I personally&nbsp;have made quite a bit shorting GME.</p></body></html>","htmlText":"<html><head></head><body><p>Completely agree with this warning. There is no fundamental to the company and the timing of the $4b raised was incannily linked to the resurface of Roaring Kitty. If we want to discuss conspiracies, one can even suspect there was some collusion involved.&nbsp;</p>\n<p>Disclaimer : I am not a financial professional. Not an advice to trade either way. But I personally&nbsp;have made quite a bit shorting GME.</p></body></html>","text":"Completely agree with this warning. There is no fundamental to the company and the timing of the $4b raised was incannily linked to the resurface of Roaring Kitty. If we want to discuss conspiracies, one can even suspect there was some collusion involved. Disclaimer : I am not a financial professional. Not an advice to trade either way. But I personally have made quite a bit shorting GME.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/320191543693384","repostId":2445463734,"repostType":4,"repost":{"id":"2445463734","pubTimestamp":1719197846,"share":"https://www.laohu8.com/m/news/2445463734?lang=&edition=full","pubTime":"2024-06-24 10:57","market":"us","language":"en","title":"GameStop Warning: The Rout in GME Stock Could Just Be Getting Started","url":"https://stock-news.laohu8.com/highlight/detail?id=2445463734","media":"InvestorPlace","summary":"GameStop has been on a wild ride thus far this year, but the recent decline in GME stock could spell more headwinds ahead.","content":"<html><head></head><body><ul style=\"\"><li><p>GameStop’s impressive surges and declines this year have become par for the course for the meme stock.</p></li><li><p>The company did raise approximately $2 billion as a result of its most recent meme surge.</p></li><li><p>But the question is whether the company has plans to put this capital to good work, or if dilution will push retail investors away. </p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b0136e1ef5fedbf6874b871a0f14bbe5\" alt=\"Source: rafapress / Shutterstock.com\" title=\"Source: rafapress / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: rafapress / Shutterstock.com</span></p><p>After weeks of surging through the hype, GameStop’s fanfare appears to finally be subsiding. Now, retail investors are more aware of this stock’s risks in times of short squeezes and meme frenzy. Indeed, holding GME stock poses heightened risk of total loss amid a dip in market sentiment. Management could retreat from investment positions due to market panic. Also, there’s always the potential for future stock issuance, if the price does go up.</p><p>It’s my view that GME stock is a meme stock best avoided right now. There’s really no way to win (and I say that on both sides of the trade – I think this is a dangerous stock to short as well).</p><p>Here’s why I wouldn’t touch this stock with a 50-foot pole.</p><h2 id=\"id_2065275\">$2B Capital Raise Thanks to Roaring Kitty</h2><p>GameStop raised over $2 billion in its second share sale within a month, following a surge influenced by Keith Gill, also known as Roaring Kitty. This occurred shortly after Gill’s first YouTube livestream in three years. </p><p>The stock saw a 23% increase on Tuesday and doubled over the past six months. This is due to its popularity in retail investors during the pandemic. At the same time, these meme stocks were also rising. Also, they often saw significant price swings due to heavy bets against them by hedge funds.</p><p>The company announced on June 11 to the New York Stock Exchange that it successfully sold all 75 million shares offered, raising $2.137 billion. This adds to the $3 billion raised over the past month from share sales as its market value soared, including $933.4 million from selling 45 million shares previously. </p><p>Earlier this month, GameStop’s shares surged following a <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> post linked to Keith Gill, indicating he held 5 million shares valued at over $100 million, sparking a rally among online investors in 2021.</p><h2 id=\"id_1319469756\">Keith Gill Boosts GME Holdings</h2><p>Due to the Roaring Kitty putting influence on meme stocks like GME, he also boosted his investment to nine million shares. As a result, Gill became the fourth largest shareholder. He exercised call options at $20 each, increasing his portfolio to $268 million. </p><p>GameStop closed at $28.70, down 1.44% on Friday, affecting Gill’s portfolio by $9 million per dollar change. This shift alters GameStop’s shareholder landscape, paralleling Chief Executive Officer (CEO) Ryan Cohen’s 2020 holdings.</p><h2 id=\"id_193379466\">GME Stock Looks Like a Trap</h2><p>Despite GameStop’s deep expertise covering 55 retail companies, the company chose not to apply any sophisticated analysis this past quarter. Its Q1 sales declined 29% year-over-year (YOY) and lost over $32.3 million. However, it was a small improvement from last year’s loss, which reached $50.5 million. To me, it’s completely evident that the company’s business trends continue to deteriorate and will likely continue to do so moving forward.</p><p>The company resisted reducing its 4,169 global stores, unlike competitors like Walmart, which chose to invest in AI and same-day delivery, rendering store visits obsolete. If GameStop’s management team doesn’t change something, and fast, it could be game over sooner than later for this company.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Warning: The Rout in GME Stock Could Just Be Getting Started</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Warning: The Rout in GME Stock Could Just Be Getting Started\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-24 10:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/gamestop-warning-the-rout-in-gme-stock-could-just-be-getting-started/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop’s impressive surges and declines this year have become par for the course for the meme stock.The company did raise approximately $2 billion as a result of its most recent meme surge.But the ...</p>\n\n<a href=\"https://investorplace.com/2024/06/gamestop-warning-the-rout-in-gme-stock-could-just-be-getting-started/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","BK4547":"WSB热门概念","BK4155":"大卖场与超市","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","BK4504":"桥水持仓","BK4581":"高盛持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4532":"文艺复兴科技持仓","GME":"游戏驿站","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","BK4534":"瑞士信贷持仓","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4585":"ETF&股票定投概念","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4577":"网络游戏","BK4588":"碎股","BK4550":"红杉资本持仓","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","BK4076":"电脑与电子产品零售","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC"},"source_url":"https://investorplace.com/2024/06/gamestop-warning-the-rout-in-gme-stock-could-just-be-getting-started/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2445463734","content_text":"GameStop’s impressive surges and declines this year have become par for the course for the meme stock.The company did raise approximately $2 billion as a result of its most recent meme surge.But the question is whether the company has plans to put this capital to good work, or if dilution will push retail investors away. Source: rafapress / Shutterstock.comAfter weeks of surging through the hype, GameStop’s fanfare appears to finally be subsiding. Now, retail investors are more aware of this stock’s risks in times of short squeezes and meme frenzy. Indeed, holding GME stock poses heightened risk of total loss amid a dip in market sentiment. Management could retreat from investment positions due to market panic. Also, there’s always the potential for future stock issuance, if the price does go up.It’s my view that GME stock is a meme stock best avoided right now. There’s really no way to win (and I say that on both sides of the trade – I think this is a dangerous stock to short as well).Here’s why I wouldn’t touch this stock with a 50-foot pole.$2B Capital Raise Thanks to Roaring KittyGameStop raised over $2 billion in its second share sale within a month, following a surge influenced by Keith Gill, also known as Roaring Kitty. This occurred shortly after Gill’s first YouTube livestream in three years. The stock saw a 23% increase on Tuesday and doubled over the past six months. This is due to its popularity in retail investors during the pandemic. At the same time, these meme stocks were also rising. Also, they often saw significant price swings due to heavy bets against them by hedge funds.The company announced on June 11 to the New York Stock Exchange that it successfully sold all 75 million shares offered, raising $2.137 billion. This adds to the $3 billion raised over the past month from share sales as its market value soared, including $933.4 million from selling 45 million shares previously. Earlier this month, GameStop’s shares surged following a Reddit post linked to Keith Gill, indicating he held 5 million shares valued at over $100 million, sparking a rally among online investors in 2021.Keith Gill Boosts GME HoldingsDue to the Roaring Kitty putting influence on meme stocks like GME, he also boosted his investment to nine million shares. As a result, Gill became the fourth largest shareholder. He exercised call options at $20 each, increasing his portfolio to $268 million. GameStop closed at $28.70, down 1.44% on Friday, affecting Gill’s portfolio by $9 million per dollar change. This shift alters GameStop’s shareholder landscape, paralleling Chief Executive Officer (CEO) Ryan Cohen’s 2020 holdings.GME Stock Looks Like a TrapDespite GameStop’s deep expertise covering 55 retail companies, the company chose not to apply any sophisticated analysis this past quarter. Its Q1 sales declined 29% year-over-year (YOY) and lost over $32.3 million. However, it was a small improvement from last year’s loss, which reached $50.5 million. To me, it’s completely evident that the company’s business trends continue to deteriorate and will likely continue to do so moving forward.The company resisted reducing its 4,169 global stores, unlike competitors like Walmart, which chose to invest in AI and same-day delivery, rendering store visits obsolete. If GameStop’s management team doesn’t change something, and fast, it could be game over sooner than later for this company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":324,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/320191543693384"}