GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief

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GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief

InvestorPlace2021-09-17

Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock. They thought it was about squeezing the shorts. They thought it was about short-term ...

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peterob1
·2021-09-19
[Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser]
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- peterob1:
  Up up
  2021-09-19
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toILET MOON
·2021-09-19
it will be fine...dont worry
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SamuelChoo
·2021-09-18
Okok
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Annalz
·2021-09-18
Game stop once a while?
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moneytome
·2021-09-17
Buy and hodl
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- J大哥:
  …
  2021-09-17
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williamtay
·2021-09-17
Hi
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NPC69
·2021-09-17
Like
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2
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- williamtay:
  hi
  2021-09-17
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wenkit
·2021-09-17
like pls
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Kucing
·2021-09-17
good
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3
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boonk
·2021-09-17
Game over?
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- Cfgramos:
  Not yet
  2021-09-17
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DingDang
·2021-09-17
Buy DHs!! Please like and comment!
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- Sim1:
  Done
  2021-09-17
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They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","article_id":"1190603496","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","pubTimestamp":1631883841,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站股市狂潮表明，当一个迷因变成信念时会发生什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":887221499,"gmtCreate":1632050410011,"gmtModify":1676530692672,"author":{"id":"3582888287934264","authorId":"3582888287934264","name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887221499","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5923289,"gmtCreate":1632050419747,"gmtModify":1663234111944,"authorId":3582888287934264,"author":{"id":3582888287934264,"authorId":3582888287934264,"name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":887221499,"type":1,"supId":0,"prevId":0,"content":"Up up","text":"Up up","html":"Up up"}],"langContent":"EN"},{"id":887178291,"gmtCreate":1632012989413,"gmtModify":1676530685605,"author":{"id":"3575785607031015","authorId":"3575785607031015","name":"toILET MOON","avatar":"https://static.tigerbbs.com/b440c303dc2a35e0a2c45f896a7d779f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"it will be fine...dont worry","listText":"it will be fine...dont worry","text":"it will be fine...dont worry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887178291","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884462018,"gmtCreate":1631927744034,"gmtModify":1676530670749,"author":{"id":"4093871647001250","authorId":"4093871647001250","name":"SamuelChoo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okok","listText":"Okok","text":"Okok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884462018","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884252823,"gmtCreate":1631897582662,"gmtModify":1676530665868,"author":{"id":"3577089953267281","authorId":"3577089953267281","name":"Annalz","avatar":"https://static.tigerbbs.com/ffd285ab6189bb61da4b48c3e149eedc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Game stop once a while?","listText":"Game stop once a while?","text":"Game stop once a while?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884252823","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884696536,"gmtCreate":1631885715625,"gmtModify":1676530661573,"author":{"id":"4087193663123660","authorId":"4087193663123660","name":"moneytome","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Buy and hodl","listText":"Buy and hodl","text":"Buy and hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884696536","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5903999,"gmtCreate":1631885847531,"gmtModify":1663234027246,"authorId":3582677018733459,"author":{"id":3582677018733459,"authorId":3582677018733459,"name":"J大哥","avatar":"https://static.tigerbbs.com/3628efc734f9a6b08882f6af511f8ba3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":884696536,"type":1,"supId":0,"prevId":0,"content":"…","text":"…","html":"…"}],"langContent":"EN"},{"id":884696304,"gmtCreate":1631885706408,"gmtModify":1676530661556,"author":{"id":"3574251612695532","authorId":"3574251612695532","name":"williamtay","avatar":"https://static.tigerbbs.com/c00441308daf5913d12a1f1b4ac1db1c","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884696304","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884607816,"gmtCreate":1631885430035,"gmtModify":1676530661287,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884607816","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5903960,"gmtCreate":1631885699927,"gmtModify":1663234026439,"authorId":3574251612695532,"author":{"id":3574251612695532,"authorId":3574251612695532,"name":"williamtay","avatar":"https://static.tigerbbs.com/c00441308daf5913d12a1f1b4ac1db1c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":884607816,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi"}],"langContent":"EN"},{"id":884874776,"gmtCreate":1631884476395,"gmtModify":1676530661082,"author":{"id":"4092110766469630","authorId":"4092110766469630","name":"wenkit","avatar":"https://static.tigerbbs.com/6baa0b84b99fa29f6c4c847cd5a913f7","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884874776","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884874233,"gmtCreate":1631884404922,"gmtModify":1676530661049,"author":{"id":"3584520268259172","authorId":"3584520268259172","name":"Kucing","avatar":"https://static.tigerbbs.com/3c4942db49a9ed9bfaecacc7837dec2f","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"good&nbsp;","listText":"good&nbsp;","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884874233","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":884875663,"gmtCreate":1631884280152,"gmtModify":1676530661022,"author":{"id":"3580955744929134","authorId":"3580955744929134","name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Game over?&nbsp;","listText":"Game over?&nbsp;","text":"Game over?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884875663","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5904400,"gmtCreate":1631887496161,"gmtModify":1663234028836,"authorId":3577318628836449,"author":{"id":3577318628836449,"authorId":3577318628836449,"name":"Cfgramos","avatar":"https://static.tigerbbs.com/8e4f5dee285970cb0d50c61a4302a33f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":884875663,"type":1,"supId":0,"prevId":0,"content":"Not yet","text":"Not yet","html":"Not yet"}],"langContent":"EN"},{"id":884876149,"gmtCreate":1631884026581,"gmtModify":1676530660975,"author":{"id":"3553254172092293","authorId":"3553254172092293","name":"DingDang","avatar":"https://static.tigerbbs.com/d2a0c38ce6f3c2661fa15b7d1f52eeaf","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Buy DHs!! Please like and comment!","listText":"Buy DHs!! Please like and comment!","text":"Buy DHs!! Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884876149","repostId":1190603496,"repostType":4,"repost":{"id":"1190603496","pubTimestamp":1631883841,"share":"https://www.laohu8.com/m/news/1190603496?lang=&edition=full","pubTime":"2021-09-17 21:04","market":"us","language":"en","title":"GameStop Stock Frenzy Shows What Happens When a Meme Hardens Into Belief","url":"https://stock-news.laohu8.com/highlight/detail?id=1190603496","media":"InvestorPlace","summary":"Young investors are sticking with GME stock, which they think is on to the next big thing","content":"Wall Street still doesn’t understand the game that retail investors are playing with&nbsp;GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors&nbsp; believe in the vision ofRyan Cohen, the&nbsp;Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from&nbsp;Amazon(NASDAQ:AMZN)&nbsp;to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the&nbsp;trend driving names like&nbsp;Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard&nbsp;a lot of gobbledygook.CNBC’s&nbsp;Jim Cramer told viewers GameStop“offers you nothing,”&nbsp;preferring theater chain&nbsp;AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that&nbsp;got them into the stock, they’re now looking forward. Hollywood wants to&nbsp;turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned&nbsp;into adults&nbsp;who buy it all&nbsp;online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in&nbsp;VanGogh exhibitions, in new&nbsp;creation engines, in&nbsp;gaming headsets, in&nbsp;$5,000 gaming hardware. It’s a bit like the PC revolution before&nbsp;Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was&nbsp;Petsmart&nbsp;that&nbsp;made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The&nbsp;Facebook(NASDAQ:FB)&nbsp;metaverse&nbsp;is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like&nbsp;Oracle(NYSE:ORCL) and&nbsp;salesforce.com&nbsp;(NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","source":"lsy1606302653667","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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Stock Frenzy Shows What Happens When a Meme Hardens Into Belief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term ...\n\n<a href=\"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/09/gamestop-stock-frenzy-shows-what-happens-when-a-meme-hardens-into-belief/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190603496","content_text":"Wall Street still doesn’t understand the game that retail investors are playing with GameStop(NYSE:GME) stock.\nThey thought it was about squeezing the shorts. They thought it was about short-term profits. They thought that once the game was over, the players would all go somewhere else. They still think all that.\nThe players haven’t left.\nGameStop closed yesterday more than $206 a share. True, far off its January high of $347 but light years from the single-digits it was at a year ago. The market capitalization of $15.8 billion is about 3 times estimated 2021 revenue of $5.6 billion, but that’s not the point either. What is, you ask?\nBelieve in the GME Stock Billionaire\nGameStop investors  believe in the vision ofRyan Cohen, the Chewy(NYSE:CHWY) co-founder who launched the meme and used it to take over the company. He put $76 million into GME stock last year, buying at an average price of $8.40 a share.\nThen, Cohen took over as chairman. He overhauled the board. He recruited Matt Furlong from Amazon(NASDAQ:AMZN) to be CEO.\nCohen’s young investors understand how gaming is moving from desktops to the cloud and back again. They see it becoming increasingly immersive. For many, gaming isn’t an adjunct to other forms of entertainment, but a replacement. This is the trend driving names like Nvidia(NASDAQ:NVDA) forward. They think Cohen can get them into that growth stream.\nWall Street Worries\nWall Street listened to Furlong’s first earnings call and heard a lot of gobbledygook.CNBC’s Jim Cramer told viewers GameStop“offers you nothing,” preferring theater chain AMC Entertainment Holdings(NYSE:AMC), also of meme fame.\nGME stock investors aren’t listening. While regulators look backward at the meme-based short squeeze that got them into the stock, they’re now looking forward. Hollywood wants to turn GameStop into a movie. The investors want to replace movies.\nWho is Right?\nCohen talks about a “vision” for turning GameStop into an e-commerce platform. The kids who grew up going to the stores, he says, can be turned into adults who buy it all online. They will trust GameStop to lead them into the next big thing.\nThe problem is that immersive, artificial worlds where players become characters in their own stories don’t exist yet. You can find the pieces here-and-there. They’re in VanGogh exhibitions, in new creation engines, in gaming headsets, in $5,000 gaming hardware. It’s a bit like the PC revolution before Visicalc. There’s no “killer app” that makes analysts’ eyes light up.\nToday’s GameStop investors believe Cohen and Furlong will find the next big thing and lead them to it. They ignore the fact it was Petsmart that made Chewy big, buying it for $3.5 billion, then taking it public. (Chewy is now worth $30 billion.) They see the vision, they know Cohen can sell the vision, they believe Furlong can execute the vision, and they’re in for the long haul with said vision.\nThe Bottom Line\nMy kids are at the heart of the GameStop audience. They don’t watch TV. They don’t go to movies. They play video games.\nI have friends in the entertainment business. They understand this idea of a unified entertainment theory, of immersive entertainment becoming fully interactive. The Facebook(NASDAQ:FB) metaverse is real, they say.\nWhether Cohen and Furlong are the vehicle for this is uncertain. Visicalc eventually disappeared. Spreadsheets were replaced by databases. Echoes can be found in companies like Oracle(NYSE:ORCL) and salesforce.com (NYSE:CRM), in the cloud itself.\nGameStop investors know where they want to go. They don’t know how to get there. They believe Cohen and Furlong can get them there. They’re not selling until they’re proven wrong.\nWall Street needs to get used to that.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5903740,"gmtCreate":1631884309588,"gmtModify":1663234026029,"authorId":3573709257975993,"author":{"id":3573709257975993,"authorId":3573709257975993,"name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":884876149,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":65,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}