The number of memestock bros who still hype Gamestop despite all the massive missteps they’ve made in the last few years is fucking unreal. They desperately meme “diamond hands” when they’re fucking bagholders.
The memestock thing started because people realized they could try to make a quick buck by betting against those who were shorting the stock. But the stock was being heavily shorted for a reason, GameStop is a dying business, one that likely would’ve gone bankrupt by now if the apes hadn’t rushed to prop it up. Anyone who didn’t cash out at the peak, anyone who seriously believes GameStop has a long-term future, is a sucker.
It was a dumb idea from the beginning, trying to be an electronics pawn shop. Only the trade-ins are just as worthless as the game ones were.
The number of memestock bros who still hype Gamestop despite all the massive missteps they’ve made in the last few years is fucking unreal. They desperately meme “diamond hands” when they’re fucking bagholders.
The memestock thing started because people realized they could try to make a quick buck by betting against those who were shorting the stock. But the stock was being heavily shorted for a reason, GameStop is a dying business, one that likely would’ve gone bankrupt by now if the apes hadn’t rushed to prop it up. Anyone who didn’t cash out at the peak, anyone who seriously believes GameStop has a long-term future, is a sucker.
Mfw no gme_meltdown on Lemmy 😩