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SVTPerformance's Chain of Restaurants
Road Side Pub
Gamestop
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<blockquote data-quote="Pribilof" data-source="post: 16568642" data-attributes="member: 155968"><p>So here's a question for the people buying GME:</p><p></p><p>What is your long term end goal for this trade? Yes, short term the plan is to stick it to hedge funds and show how "corrupt" the system is, or whatever. But <u>long term</u>, what is your plan? Do you truly believe that GME is a great company that you want to own long term? This is a company with deep, structural issues with its core business. If not, when do you sell the stock? When the selling starts, who is buying shares on the other side to support the stock price so it doesn't simply crater as fast (faster) than it went up?</p></blockquote><p></p>
[QUOTE="Pribilof, post: 16568642, member: 155968"] So here's a question for the people buying GME: What is your long term end goal for this trade? Yes, short term the plan is to stick it to hedge funds and show how "corrupt" the system is, or whatever. But [U]long term[/U], what is your plan? Do you truly believe that GME is a great company that you want to own long term? This is a company with deep, structural issues with its core business. If not, when do you sell the stock? When the selling starts, who is buying shares on the other side to support the stock price so it doesn't simply crater as fast (faster) than it went up? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Gamestop
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