Gamestop Reddit short squeeze

eradicator

Peacock
Gold Member
Tesla is an oddity that’s for sure, the company isn’t even profitable. The share price is propped up by people who think Elon musk is cool and are trying to save the planet.....idiots and people riding the idiots....hey not that far off from GME actually!

I have friends who hold large positions in Tesla and I’ve been telling them to sell forever and they didn’t and I was wrong. One day I’ll be right though but that will most likely be when all stocks tank so doesn’t count, but it will tank harder than any of them.

Right, Tesla is a speculation pick. If they truly make good on their promises of having robot driving cars they will essentially be able to print money by sending out an unlimited number of robot cars as taxis to compete with Lyft and uber.

If you own a thousand of those robot driving taxis in every city, all you pay is the car maintenance and send the robot out to drive its Tesla taxi. The robot doesn’t need to sleep or take breaks it is only limited the amount of charge in its energy tank.


Maybe each one makes $1000/day from its 20 hour workday, $350k per year per robot car after you factor in maintenance and the energy costs . You don’t have to pay the driver or pay any sort of payroll company it’s just a robot.

Tesla’s stock price is based largely on Elon musks unrealistic promises to achieve all of this in the next 6 months. Even if it takes six years instead of six months, the price of Tesla stock totally cheap.

However we don’t know if it will take Tesla 6 months to get all of this approved or 6 years or 15 years and maybe Uber or google gets there sooner. That would throw a wrench into everyone’s Tesla investment .

I don’t own any Tesla and don’t plan on buying any.
 
Last edited:

Handsome Creepy Eel

Owl
Gold Member
Right, Tesla is a speculation pick. If they truly make good on their promises of having robot driving cars they will essentially be able to print money by sending out an unlimited number of robot cars as taxis to compete with Lyft and uber.

If you own a thousand of those robot driving taxis in every city, all you pay is the car maintenance and send the robot out to drive its Tesla taxi. The robot doesn’t need to sleep or take breaks it is only limited the amount of charge in its energy tank.


Maybe each one makes $1000/day from its 20 hour workday, $350k per year per robot car after you factor in maintenance and the energy costs . You don’t have to pay the driver or pay any sort of payroll company it’s just a robot.

Tesla’s stock price is based largely on Elon musks unrealistic promises to achieve all of this in the next 6 months. Even if it takes six years instead of six months, the price of Tesla stock totally cheap.

However we don’t know if it will take Tesla 6 months to get all of this approved or 6 years or 15 years and maybe Uber or google gets there sooner. That would throw a wrench into everyone’s Tesla investment .

I don’t own any Tesla and don’t plan on buying any.
The important thing to note here is that a company should not be able to survive 6 (or rather 16 as has been the case in reality) years of massive losses without going under. The only reason Tesla (and most other corporations, including Amazon) still exist and are able to engage in whatever sick experiments they engage in is because of the fake money being printed by the usurious monetary system and pumped into the stock market to prop up failing companies like vampires waiting to wake up someday.

Uber has actually stated in its IPO that it never intends to be profitable and just intends to ride the free re-capitalization money train forever. They're that brazen.
 

JohnQThomas

Woodpecker
Right, Tesla is a speculation pick. If they truly make good on their promises of having robot driving cars they will essentially be able to print money by sending out an unlimited number of robot cars as taxis to compete with Lyft and uber.

If you own a thousand of those robot driving taxis in every city, all you pay is the car maintenance and send the robot out to drive its Tesla taxi. The robot doesn’t need to sleep or take breaks it is only limited the amount of charge in its energy tank.


Maybe each one makes $1000/day from its 20 hour workday, $350k per year per robot car after you factor in maintenance and the energy costs . You don’t have to pay the driver or pay any sort of payroll company it’s just a robot.

Tesla’s stock price is based largely on Elon musks unrealistic promises to achieve all of this in the next 6 months. Even if it takes six years instead of six months, the price of Tesla stock totally cheap.

However we don’t know if it will take Tesla 6 months to get all of this approved or 6 years or 15 years and maybe Uber or google gets there sooner. That would throw a wrench into everyone’s Tesla investment .

I don’t own any Tesla and don’t plan on buying any.
Another issue: is it ethical to invest in a business model that will kill jobs?
 

joost

Kingfisher
TSLA has been in the news, why hasn't that train passed?

It's not your father's stock market anymore. Memes changed everything.

Like mentioned by @FrancisK , people think Elon Musk is Tony Stark. Do you really think Tesla with 0.6% of the market (including ICE) should be worth that much (800 Billions today)?

Here's a graph so you can see it more clearly:
Screen-Shot-2021-01-27-at-5.01.22-PM-1200x1236.png


Then we have the renewable energy problem. It relies heavily on fossil fuels to work, and subsidies to exist. TSLA is riding the Global Warming Scam.
Panasonic is moving out of Japan because government stopped subsidies.

About buying TESLA. It can go up but you're expecting a greater fool to buy your stocks.
I'm not saying you shouldn't buy (who am I to tell others what to do with their money). You can buy it but don't tell others it's a wise decision. It's a gamble. And if you made money, it was plain luck.
 
Last edited:

joost

Kingfisher
Right, Tesla is a speculation pick. If they truly make good on their promises of having robot driving cars they will essentially be able to print money by sending out an unlimited number of robot cars as taxis to compete with Lyft and uber.

If you own a thousand of those robot driving taxis in every city, all you pay is the car maintenance and send the robot out to drive its Tesla taxi. The robot doesn’t need to sleep or take breaks it is only limited the amount of charge in its energy tank.


Maybe each one makes $1000/day from its 20 hour workday, $350k per year per robot car after you factor in maintenance and the energy costs . You don’t have to pay the driver or pay any sort of payroll company it’s just a robot.

Tesla’s stock price is based largely on Elon musks unrealistic promises to achieve all of this in the next 6 months. Even if it takes six years instead of six months, the price of Tesla stock totally cheap.

However we don’t know if it will take Tesla 6 months to get all of this approved or 6 years or 15 years and maybe Uber or google gets there sooner. That would throw a wrench into everyone’s Tesla investment .

I don’t own any Tesla and don’t plan on buying any.

Here's an interesting video from Reason titled "Fully Self-Driving Cars Are a Scam:
 

El Chinito loco

Crow
Gold Member
Tesla valuation makes no sense but the hype and output with Elon Musk is real. He's launching rockets, posting memes, and teslas are a trendy red hot car to own. It makes no sense and maybe 20 years is priced in at this point but since when was any of this real?

The funny thing is that i'm betting a lot of the additional stock demand behind Tesla is due to SpaceX which isn't even part of Tesla.

Elon Musk is simply a cult figurehead and until that dies down nothing will.
 

crabber86

Chicken
Right, Tesla is a speculation pick. If they truly make good on their promises of having robot driving cars they will essentially be able to print money by sending out an unlimited number of robot cars as taxis to compete with Lyft and uber.

If you own a thousand of those robot driving taxis in every city, all you pay is the car maintenance and send the robot out to drive its Tesla taxi. The robot doesn’t need to sleep or take breaks it is only limited the amount of charge in its energy tank.


Maybe each one makes $1000/day from its 20 hour workday, $350k per year per robot car after you factor in maintenance and the energy costs . You don’t have to pay the driver or pay any sort of payroll company it’s just a robot.

Tesla’s stock price is based largely on Elon musks unrealistic promises to achieve all of this in the next 6 months. Even if it takes six years instead of six months, the price of Tesla stock totally cheap.

However we don’t know if it will take Tesla 6 months to get all of this approved or 6 years or 15 years and maybe Uber or google gets there sooner. That would throw a wrench into everyone’s Tesla investment .

I don’t own any Tesla and don’t plan on buying any.
Im one of those people at got in early with tesla and sitting on alot of gains. I just sold some shares to buy a tesla and the thing that keeps me holding on to the rest of them is that tesla has had six straight profitable quarters and is set for massive growth with its two net factories in berlin and austin. The auto taxi net work is just iceing on the cake.

I feel that even if the stock crashes in the short term it has a floor with the stock trading at 10 times earnings if you go back to june 2019.
 

Oberrheiner

Pelican
The only reason Tesla (and most other corporations, including Amazon) still exist and are able to engage in whatever sick experiments they engage in is because of the fake money being printed by the usurious monetary system and pumped into the stock market to prop up failing companies like vampires waiting to wake up someday.
And also because the peons will be that much easier to control when they all drive electric cars (or no car at all).
But should a Christian gamble?
It was ironic, of course a christian should not participate in a usurious casino.
 
Having retail stores and selling video games, seems to be a shrinking market. The lockdowns have accelerated this trend.

I would say that Gamestop is in trouble unless it finds a way to reinvent their business model and I'm not sure how they do that.

They really can’t, unless they plan on competing with Steam and the PlayStation Store. Which is probably a less than brilliant move. They’re just barely out of debt and their CEO takes a massive salary anyway, both of which are not positive signs.
 
They really can’t, unless they plan on competing with Steam and the PlayStation Store. Which is probably a less than brilliant move. They’re just barely out of debt and their CEO takes a massive salary anyway, both of which are not positive signs.

Can GME even compete in the direct to console download market?

Isn't this a closed market controlled by the console makers? So wouldnt playstations and microsoft have to agree to let GME in on their console game marketplace.

Why would they do that? What advantage would GME bring to the table that the console makers don't have?
 
I can think of a few competitive advantages

Super fast delivery

Paid subscription service

Ryan Cohen

GME bears, wake up and stop living in the past. Your theses of "brick and mortar" and "Steam" do not hold up to scrutiny.
 

Dr Mantis Toboggan

Kingfisher
Gold Member
Can GME even compete in the direct to console download market?

Isn't this a closed market controlled by the console makers? So wouldnt playstations and microsoft have to agree to let GME in on their console game marketplace.

Why would they do that? What advantage would GME bring to the table that the console makers don't have?

Some sort of subscription service maybe, you pay $10/month and get access to their full library of games, sort of like Netflix for video games (hopefully minus the pedophilia)?

I'm not a gamer so something like this could well already exist.
 
I don't see how super fast delivery or subscription service will help with a lack of a scalable product.

I think the only value gamestop has in with the nostalgia and sentiment that comes with all the toys and apparel of your favorite video game characters. That requires physical locations and is low margin.

But yes if there is a good person to lead a comeback it would be Cohen. Guess we will see what happens. Short term I think you get some more glorious pumps and catastrophic falls. Long term is anyones guess, but I get more of a blockbuster feel than a comeback kid feel.
 
Last edited:
Top