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GME ATM Offering and Sentiment Change (kbin.run)
submitted 6 months ago* (last edited 6 months ago) by sunzu@kbin.run to c/drs_your_gme@lemmy.whynotdrs.org
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With main reddit sub devolving in whatever that shit is, what are people here thinking about it?

Looks like momentum was lost? Was the 3b worth it from shareholder perspective?

Kinda hard to accept the sub justifying considering the squeeze was stated the goal on there, esp in context of DRS that was essentially undone.

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[-] cmbabul@lemmy.world 8 points 6 months ago* (last edited 6 months ago)

I panicked and bought more, if it dips back below $20 who knows what I’ll do

Edit: seriously, i did buy more recently but also the dilution means nothing now. The shorts still haven’t closed their positions, and with the cash reserves there’s no chance it goes out of business anytime soon. Either it’ll squeeze or be a safe long term investment as the company is rebuilt using that $4 billion. Be zen

this post was submitted on 24 Jun 2024
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