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Posts & Investments - #gamestop

#gme #gmeagain #gamestop Time sure flies...
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Invested in Big 5 Sporting Goods
Future big bean$ .. #gamestop
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BREAKING: GameStop $GME shares are trading lower after the company reported worse-than-expected Q1 results and announced it has appointed Ryan Cohen as executive chairman, terminating its former CEO. The company also will not be holding the planned earnings call today. Shares are down 18% in after hours on the news. https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-disclosesSee more
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Added C3.ai to Watchlist
#ai can be used by #hedgefunders to analyze various types of data that can be used to make predictions and trading decisions. Such data could include market trends, news, financial statements, and social media sentiment, among others. As for using AI against an individual, hedge funders typically analyze market data and trends to make predictions and decisions that will affect the markets on a broader level, rather than focusing on an individual investor. However, if an #investors #portfolio has a particular characteristic or exhibits a certain pattern of behavior that AI tools can detect, hedge funders may use this information to make trading decisions that could affect the investor's portfolio ( $HOOD 👀👀👀👀) It's important for investors to understand the risks and limitations of AI in trading and to consult a financial advisor for personalized advice. Now about $GME ... In January 2021, a group of individual investors sought to buy shares of #gamestop a struggling video game retailer, and drive up its price by enforcing a short squeeze on hedge funds who had bet against the company's stock. This initiative caused the stock price to skyrocket from around $20 to over $400 in just a few days, costing hedge funds billions of dollars in losses. To counteract this momentum, some hedge funds engaged in what is known as #shortselling which involves borrowing stocks and selling them in anticipation of repurchasing them at a lower price in the future, thus generating a profit. Hedge funds that had bet against GameStop found themselves with rapidly increasing losses, and to limit their losses they bought shares of the stock at a higher price in what's called a #shortsqueeze This rush to buy the shares resulted in a massive increase in demand, thus driving up the stock price even further. In response, some hedge funds used various #marketmanipulation tactics, such as spreading false and negative information about GameStop, disrupting the trading process, or engaging in illegal practices like naked short selling or collusion with other players in the market, to stabilize the stock price and protect their losses. The Securities and Exchange Commission (SEC) launched an investigation into some of these tactics, and several hedge funds were scrutinized for their behavior. To protect financial markets' integrity, regulators have increased scrutiny in recent weeks to ensure that investors are adhering to the same rules, regulations, and laws that govern all participants in the financial markets. This message was brought to you by AI and #shortingthetrend DM me if you wanna be friends chat or learn to use Webull and do #optionstrading
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GameStop stock soars after company posts first quarterly profit in two years Key Points: For the quarter ended Jan. 28, the video game retailer Gamestop $GME posted a profit of $48.2 million, or 16 cents a share, compared to a loss of $147.5 million, or 49 cents, a year ago. Net sales dropped to $2.23 billion from $2.25 billion in last year’s fourth quarter. Company expenses were down to $453.4See more
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"No one comes in anymore" says Gamestop manager 100+ layoffs in Gamestops newest attempt to restructure the company towards an e-commerce focused business model. GME has really been struggling the past few years but it still begs the question: Will Gamestop reclaim the power it once had?? Personally, I think it will be a long journey but certainly possible. Thoughts?See more
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Sold Shiba InuInvested for 402 days
Lost84.50%
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Lobo avatar
Lobo
@loboflaco
Invested in GameStop
For booking the book king 🤴 #gamestop
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Kareen Tavakoli avatar
Kareen Tavakoli
@charlottekay
Invested in AMC Entertainment
$AMC ‘@CreditSuisse Restructuring plan layoff 9000 people and fire sale everything‼️😏 📉 #Archegos shorts against #AMC AND #GAMESTOP have most likely been inherited by their prime broker, Credit Suisse. That's why they said #AMC is going to 95 cents... try to fake out retail investors’ - as per @BossBlunts2 on #twitter
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