Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
Fame Douglas
Nov 20, 2013

by Fluffdaddy

Flannelette posted:

The only light I see for GME was the origonal plan on WSB before everything got crazy was to use the investment to transform the company into having a digital sales thing for games so it could continue to function in the future instead of just dying or turning into a zombie.

They've tried that already, and with how ridiculously crowded the market is these days (I literally have 8 different launchers installed right now) and the fact tons of low-cost operations like cdkeys.com or Green Man Gaming for digital games already exist I don't see this happening. Maybe someone will buy them name off them.

Adbot
ADBOT LOVES YOU

AHH F/UGH
May 25, 2002

lol No one believed me in WSB when I told there there would be the exact same number of bag holders and bag receivers. There were people who legitimately though that GameStop would go parabolic to $5000 a share. I got downvoted into being a collapsed comment.

Greater Fool theory exemplified.

I made $400 by selling a $47 strike GME put last week to some idiot.

Smugworth
Apr 18, 2003

AHH F/UGH posted:

lol No one believed me in WSB when I told there there would be the exact same number of bag holders and bag receivers. There were people who legitimately though that GameStop would go parabolic to $5000 a share. I got downvoted into being a collapsed comment.

Greater Fool theory exemplified.

I made $400 by selling a $47 strike GME put last week to some idiot.

lol the wsb'ers who sold bags are just as embarrassing as the wsb'ers who held bags

Klyith
Aug 3, 2007

GBS Pledge Week

spunkshui posted:

Im very very sus at robinhood.

They limited like 50 stocks at one point while claiming they have no liquidity problems. I'm not using the app but their practices is having a massive effect on the market.

What makes them limit those 50 limited stocks and not a 51st stock? What made it ok to stop limiting them?

That is a ridiculous amount of power.

robinhood, outside of extraordinary events like gamestop, doesn't move the market. they've got a bunch of users that do lots and lots of trades with small amounts of money. unless all their users are moving together they're just the random noise.


You should be sus about robinhood, but you should be sus because they're a private VC-funded company that's gamifying trades and selling your data. You should be sus because they allow high-risk trades to inexperienced people with little money, in ways that could backfire for them. You should be sus because the old canard "if you're not paying anything, you are the product" has truth to it and your financial info is probably more important than your facebook profile.

You shouldn't be sus that they're part of a conspiracy to manipulate the market, because that's crazy talk and before long you'll be adding parentheses around Soros. Robinhood may have no liquidity problems, but that doesn't mean they are ok losing any money on behalf of their users.

AHH F/UGH
May 25, 2002

Smugworth posted:

lol the wsb'ers who sold bags are just as embarrassing as the wsb'ers who held bags

I don't think you know what selling options is or how it works lmao

Smugworth
Apr 18, 2003

AHH F/UGH posted:

I don't think you know what selling options is or how it works lmao

Nah I just think it's dumb to come in bragging about the peanuts you outsmarted the maniacs slightly stupider than you out of

But best of luck with your utility bills windfall

Flannelette
Jan 17, 2010


Galewolf posted:

There are two "what if's" I have in this situation

1-) I was tempted to buy when it dipped back to 65 like ten days ago when the media attention was almost none. I was planning to drop 1000 GBP which is roughly 1400 USD. That's like 21 shares @65

I could've sold this, in the best scenario, 469 bucks peak which would be: 9900 bucks minus my initial investment 1400 = 8500 bucks. NGL, that is some good FOMO right there.


This is how they get ya.

AHH F/UGH
May 25, 2002

Smugworth posted:

Nah I just think it's dumb to come in bragging about the peanuts you outsmarted the maniacs slightly stupider than you out of

But best of luck with your utility bills windfall

You must really hate money to not want to sell burning lottery tickets to ironic racists

Good poo poo dude you're super cool

strange feelings re Daisy
Aug 2, 2000

The solution to revive Gamestop is simple:
-Start selling cigarettes, hard liquor, CBD, and lottery tickets
-Let customers trade in gold, silver, or platinum jewelry and coins for store credit
-The demo console is replaced with a Star Citizen kiosk where customers can purchase ships. Gamestop takes a 30% cut.
-All toys and collectibles are removed from the store and sold through the new Gamestop Multi-Level-Marketing plan in randomized capsules. You just have to sell two capsules to your friends, then they sell to two friends, and eventually you get rich.

Marshal Prolapse
Jun 23, 2012

by Jeffrey of YOSPOS

strange feelings re Daisy posted:

The solution to revive Gamestop is simple:
-Start selling cigarettes, hard liquor, CBD, and lottery tickets
-Let customers trade in gold, silver, or platinum jewelry and coins for store credit
-The demo console is replaced with a Star Citizen kiosk where customers can purchase ships. Gamestop takes a 30% cut.
-All toys and collectibles are removed from the store and sold through the new Gamestop Multi-Level-Marketing plan in randomized capsules. You just have to sell two capsules to your friends, then they sell to two friends, and eventually you get rich.

I'm surprised you're not adding porn there too.

Chocobo
Oct 15, 2012


Here comes a new challenger!
Oven Wrangler

MazelTovCocktail posted:

I'm surprised you're not adding porn there too.

Phase 2 is the crypto-currency exchange and the darkweb pornography portal.

Flannelette
Jan 17, 2010


strange feelings re Daisy posted:

The solution to revive Gamestop is simple:
-Start selling cigarettes, hard liquor, CBD, and lottery tickets
-Let customers trade in gold, silver, or platinum jewelry and coins for store credit
-The demo console is replaced with a Star Citizen kiosk where customers can purchase ships. Gamestop takes a 30% cut.
-All toys and collectibles are removed from the store and sold through the new Gamestop Multi-Level-Marketing plan in randomized capsules. You just have to sell two capsules to your friends, then they sell to two friends, and eventually you get rich.

You honestly think this wouldn't work?

Meme Poker Party
Sep 1, 2006

by Azathoth

MazelTovCocktail posted:

I'm surprised you're not adding porn there too.

They have to keep it somewhat family friendly. Perhaps a curated selection of tasteful ecchis like Plus Sized Elf.

Knight007au
May 8, 2007

Flannelette posted:

You honestly think this wouldn't work?

I mean just do step one and it would work.

Woof Blitzer
Dec 29, 2012

[-]
Two words my friends: vape. shop.

Flannelette
Jan 17, 2010


Many of the little various independant food and such stores around here turned into tobacconist/vape stores or chain cafes.

A Wizard of Goatse
Dec 14, 2014


Well poo poo I'm all in. It can only go up from here!

AlphaKeny1
Feb 17, 2006

strange feelings re Daisy posted:

The solution to revive Gamestop is simple:
-Start selling cigarettes, hard liquor, CBD, and lottery tickets
-Let customers trade in gold, silver, or platinum jewelry and coins for store credit
-The demo console is replaced with a Star Citizen kiosk where customers can purchase ships. Gamestop takes a 30% cut.
-All toys and collectibles are removed from the store and sold through the new Gamestop Multi-Level-Marketing plan in randomized capsules. You just have to sell two capsules to your friends, then they sell to two friends, and eventually you get rich.

Set up a dating program for neckbeards to talk with female gamestop employees. $50 for 30 minutes, first 30 mins free with gamestop membership

sweet thursday
Sep 16, 2012


You laugh but I made a 50% overnight profit buying and selling this baby last week

Raskolnikov2089
Nov 3, 2006

Schizzy to the matic

AlphaKeny1 posted:

Set up a dating program for neckbeards to talk with female gamestop employees. $50 for 30 minutes, first 30 mins free with gamestop membership

https://www.hitc.com/en-gb/2020/03/11/e-girl-never-battle-alone-website-pay-to-play-gamer-girls/

I wonder how obvious their masturbation has to be before they get banned from the service.

Bright Bart
Apr 27, 2020

False. There is only one electron and it has never stopped

strange feelings re Daisy posted:

The solution to revive Gamestop is simple:
-Start selling cigarettes, hard liquor, CBD, and lottery tickets
-Let customers trade in gold, silver, or platinum jewelry and coins for store credit
-The demo console is replaced with a Star Citizen kiosk where customers can purchase ships. Gamestop takes a 30% cut.
-All toys and collectibles are removed from the store and sold through the new Gamestop Multi-Level-Marketing plan in randomized capsules. You just have to sell two capsules to your friends, then they sell to two friends, and eventually you get rich.

It's Gamestop Eats now with your favourite video game characters as a pizza or lasagna. You can also trade in dumb physical stuff like gold coins or designer shoes in return for Gamecoins. It's the crypto backed by Zelda!

Meme Poker Party
Sep 1, 2006

by Azathoth
Start selling slaw dogs and oil changes.

Brother Tadger
Feb 15, 2012

I'm accidentally a suicide bomber!

Honestly, I think the GameStop convenience store was the best one I’ve heard so far. While your kid looks for a game, you look for a bottle

GolfHole
Feb 26, 2004

a combination money lender / gamestop

well why not
Feb 10, 2009




it's totally hosed you can't buy mountiain dew nor doritos where you buy video games.

Samuel L. ACKSYN
Feb 29, 2008


ok ive figured it out



gamestop should sell weed and n64s with mario kart. thats all.

well why not
Feb 10, 2009




just go all out on the scumbag 21 year old market. sell vapes, pizza, fish tanks, reptiles, tribal chrome jewellery, knit beanies, fake bapestas, those t-shirts with tweetie bird dressed like Run DMC, phones with the screens already cracked, ketamine, linoleum flooring, ps2 games with no cases, couches with the legs sawed off so you sit extra low, psytrance records, ford lasers, that sort of thing.

Sentient Data
Aug 31, 2011

My molecule scrambler ray will disintegrate your armor with one blow!
Gamestop's real business model already is to be the only family-friendly white-suburbanite-approved pawn shop, they just need to embrace it more rather than focusing on the losing prospect of going digital

Fur20
Nov 14, 2007

すご▞い!
君は働か░い
フ▙▓ズなんだね!

well why not posted:

just go all out on the scumbag 21 year old market. sell vapes, pizza, fish tanks, reptiles, tribal chrome jewellery, knit beanies, fake bapestas, those t-shirts with tweetie bird dressed like Run DMC, phones with the screens already cracked, ketamine, linoleum flooring, ps2 games with no cases, couches with the legs sawed off so you sit extra low, psytrance records, ford lasers, that sort of thing.

god drat when was the last time YOU were 21 grandpa do you know how hard it is to find a ps2 game without a case that hasnt been destroyed

strange feelings re Daisy
Aug 2, 2000

Meme Poker Party posted:

Start selling slaw dogs and oil changes.

Woof Blitzer posted:

Two words my friends: vape. shop.

well why not posted:

just go all out on the scumbag 21 year old market. sell vapes, pizza, fish tanks, reptiles, tribal chrome jewellery, knit beanies, fake bapestas, those t-shirts with tweetie bird dressed like Run DMC, phones with the screens already cracked, ketamine, linoleum flooring, ps2 games with no cases, couches with the legs sawed off so you sit extra low, psytrance records, ford lasers, that sort of thing.

Chocobo posted:

Phase 2 is the crypto-currency exchange and the darkweb pornography portal.
:hmmyes:
You're all hired!

LimburgLimbo
Feb 10, 2008

Flannelette posted:

lol
what even is the point?

Close to zero value does not mean zero value. At what point do you take a stock that someone still hold and just say okay yeah this doesn’t exist any more? There’s apparently no real answer to that and right now brokers will basically have an excel sheet somewhere with a whole bunch of stocks that have *almost* no value but because of regulation you can’t just say are gone. Then every quarter or something they need to have someone call up someone else, probably like the last bankruptcy lawyer the company had and ask “hey uh did anyone do anything with this 1000 shares of stock worth 0.0001 cents? No? Aiight can you like send us a fax saying that? Cheerio”

well why not
Feb 10, 2009




Fur20 posted:

god drat when was the last time YOU were 21 grandpa do you know how hard it is to find a ps2 game without a case that hasnt been destroyed

i didn't say they had to work

sweet thursday
Sep 16, 2012

Rolling those dice with house money-- and by that I mean reverse mortgage money

KakerMix
Apr 8, 2004

8.2 M.P.G.
:byetankie:

sweet thursday posted:

Rolling those dice with house money-- and by that I mean reverse mortgage money


lol

Mr_Companie
Jul 4, 2003

ARE YOU INTERESTED IN AN EXCITING BUISNESS OPPROTUNITY?
So a week later GameStop, AMC, and ripple are trending back to their original prices and dogecoin is holding a new price floor at a 300% gain? lol

Flannelette
Jan 17, 2010


We're all rooting for you Dogecoin.

Sono
Apr 9, 2008




Flannelette posted:

lol
what even is the point?

Millennials are entering the nostalgia stage and the name and logo alone have to be worth something. Boutique VHS outfit? Slap the logo on a bag of popcorn? Vape shop?

ArbitraryC
Jan 28, 2009
Pick a number, any number
Pillbug

Galewolf posted:

There are two "what if's" I have in this situation

1-) I was tempted to buy when it dipped back to 65 like ten days ago when the media attention was almost none. I was planning to drop 1000 GBP which is roughly 1400 USD. That's like 21 shares @65

I could've sold this, in the best scenario, 469 bucks peak which would be: 9900 bucks minus my initial investment 1400 = 8500 bucks. NGL, that is some good FOMO right there.

2-) Failing that, I was eyeing AMC at 18.54 USD, which is 75 shares with the intention of HODL because the entry price was low. AMC tanked to 7,68 nowadays which would have made me lose 800 bucks.

Instead, I did the best investment and shitposted in this thread.

I think this exemplifies why I don't both doing stuff like this. Like even in your best case scenario you're netting 8500 - taxes, I'm not saying that's not a decent amount of money, but it's not so significant that you could really say it's worth risking money in hand for. Anything I could get with a 8500 windfall I could already get with either time + budget or a small loan, whereas pissing 1400 down the drain right now feels like it would hurt a lot more, even if I don't need that money for anything other than a small safety net while beefing up longer term retirement investments.

Son of Rodney
Feb 22, 2006

ohmygodohmygodohmygod

Sono posted:

Millennials are entering the nostalgia stage and the name and logo alone have to be worth something. Boutique VHS outfit? Slap the logo on a bag of popcorn? Vape shop?

Man idk the only nostalgia I got for gamestop is going past it to a store in the same mall that sold the game I wanted for 10 bux less. I have no good memories of that place at all

Adbot
ADBOT LOVES YOU

Heath
Apr 30, 2008

🍂🎃🏞️💦
Gamestop put out of business all the game stores that people have positive memories of

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply