This GameStop thing isn't funny, it's stupid - Business Insider

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Opinion | This GameStop thing isn't funny, it's stupid. By jbarro.

Those retail investors are going to lose their shirts when this bubble pops.This is an opinion column. The thoughts expressed are those of the author.There is this bizarre narrative that the Reddit-driven GameStop stock bubble amounts to a way for ordinary investors to "stick it to the man" by causing some hedge funds to lose money. That those funds have been taught a lesson for selling short. Like GameStop's current share price, this narrative doesn't make any sense.

and would successfully shift to online game sales and start making money again. Whatever the merits of that theory when the markets valued GameStop at less than $1 billion, it's out the window at a market cap of $23 billion. Even with a turnaround and rosy expectations of future profits from the GameStop business, the valuation of the company at this point is not justified by actual business fundamentals.

If GameStop is overvalued by $20 billion right now, that's $20 billion of losses waiting to accrue, largely to ordinary investors who got caught up in a fad. And while some of the more online traders

 

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jbarro You’re article is terrible and you don’t seem biased at all. downwithsuits wallstreetbets wsbmod

jbarro Yeah sounds like there playing mind games. Next the elites will blame wallstreetbets for the coming global financial reset

jbarro

jbarro True, it's not funny, it's brilliant and awesome! Time to eat some 💩💩💩 dude

jbarro COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE

jbarro It's extremely funny seeing billionaire hedgefunds eat shit.

jbarro Sorry, we're gonna have to go with funny on this one

jbarro It's beautiful!

jbarro

jbarro If it worth promotion is worth protection. I can assist you to file your trademark with the USPTO. Kindly check my page on fiverr, visit

jbarro

jbarro hoes mad

jbarro 39 likes. Now that’s funny.

jbarro Ye, it is stupid, stupidly funny lmao

jbarro It’s not funny it’s hilarious

jbarro this represents all i need to know about jbarro

jbarro Another suit opining for the privileged class

jbarro Its funny cause now the rich gonna get what they deserve Considering business insider locks articles behind paywalls looks they don't have much time left

jbarro Normal working-class people team up to take on big hedge funds who historically can control entire markets in tandem with each other; working class is winning for once, and the establishment gets butt hurt and calls foul. You’re a pathetic tool

jbarro Seriously, how much are the hedge fund managers paying you to write this drivel?

jbarro Not when Steve Cohen is nursing large losses.

jbarro You’re right it’s not funny, it’s downright fucking hilarious

jbarro Ok boomer

jbarro

jbarro No it’s funny, I sure laughed

jbarro Lmao what type of estrogen stick would write a hit piece of everyday Americans making money? jbarro part of crooked establishment.

jbarro This article is a gross representation with everything wrong with the market. GME was shorted 130 FUCKING PERCENT. These shorts took a high risk, and some how got away with shorting over 100% of the float. They took a risk, and they lost. It's that simple.

jbarro i find it v entertaining - i am uninvolved

jbarro wallstreetbets discord and reddit just got taken down

jbarro Ah ah screw you

jbarro Thankfully there is a paywall to this article , I almost wasted my time 😂😂. It’s called a short squeeze buddy , hedge funds have been doing it for 50++ years

jbarro Nah it’s funny

jbarro It’s stupid for anybody not making money sure 😂

jbarro Why was Trump banned?

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