• 0 Posts
  • 415 Comments
Joined 9 months ago
Cake day: June 4th, 2024
  • Doom@ttrpg.networktoGames@sh.itjust.works•GameStop selling 500+ stores because of "woke".English
    0·
    2 days ago

    But that’s not what we’re talking about. GameStop’s success has nothing to do with what I’m waiting for. The stock isn’t up because GameStop is a good company. In fact the opposite

    Watch the Big Short easiest way to really explain. The stock was worth $7 then $400 then stock split. If the split never happened the stock would be worth $100 and that isn’t because of the fundamental regular stock reasons it’s because the dying company didn’t die and now their valuation is fucked up.

  • Doom@ttrpg.networktoGames@sh.itjust.works•GameStop selling 500+ stores because of "woke".English
    0·
    2 days ago

    Disagree with that. The company is dumb and Cohen failed in trying to make something out of it don’t really care about that but I do have GameStop stock from the GME shitshow and there’s no bags anywhere at least for most of us.

    If the stock split never happened the stock would be worth $100 a share right now. Obviously something is wrong with that value estimation because it’s definitely not worth that much.

    I really just threw in my covid check but what really made me think it’s still worth is the original guy who saw value when the stock was worth less than $7 doubled his position and still to this day is holding on. He knows more than me and he saw this happening and probably sees something else too that I don’t understand so whatever I’m still holding a good amount of GME.

  • Doom@ttrpg.networktoUkraine@sopuli.xyz•Russia's military spending surpasses Europe's as Putin ramps up war budget, study finds
    0·
    9 days ago

    I really don’t think they are.

    The first problem they faced during this war was realizing their stockpiles were lies. if you recall people were sent to the Frontline with blocks of wood instead of ammo and such. On paper they had a ton of equipment, someone took that cash a bounced multiple times over

    They also started this conflict using big guns, slowly they had to use less good equipment.

    They are now being struck at home and calling for backup from Korea.

    Now I’d believe he’s doing everything he can to save manpower, if he starts killing the children of people who matter he’s gonna have a bad time. But his country is getting hit and he’s taking political hits with it. He absolutely would love time to pause and rebuild his military. But that’s because he doesn’t actually have a lot of equipment at the moment

    They can definitely make more but Putin doesn’t have a whole armada he’s refusing to use. His oil depots are being blasted, he’s lost warships and planes that will take a long time to replace and he’s fighting over the same territory he was 3 years ago.

    Dudes doing bad. Real bad.