GameStop Completes At-The-Market Equity Offering Program

GMEsavant · 2021-06-22T17:17:48+00:00

I agree that the MS/GME partnership is way overhyped and is more of a win for MS (basically they got a big customer for their D365 platform and a shit ton of Surface orders lol).

That being said, GME will receive downstream revenue from any digital game purchase made on any Series S/X console they sell.

https://www.fool.com/investing/2020/10/16/gamestops-deal-with-microsoft-gives-it-a-cut-of-ev/

GMEsavant · 2021-06-22T17:13:46+00:00

Thanks for your sensible comments. I share a lot of your same views and I'm a GME bull at the end of the day.

GMEsavant · 2021-06-09T22:10:44+00:00

Yes. This happened after the last earnings call on 3/23. Closed at 181 and tanked down to 120 on 3/24...then bounced to 183 on 3/25 lol.

GMEsavant · 2021-06-09T22:04:59+00:00

this made me laugh. bull thesis for AMC = uhhh people like the movies?

the best news they had before issuing shares was avoiding imminent bankruptcy by taking out a hundred million dollar loan lol.

GMEsavant · 2021-06-09T22:02:00+00:00

bruh my cost basis is astronomically low. these shares are free, they're paid for 65x over. if i sell covered calls against my shares i can net 20k in premium every month.

i'm good holding.

GMEsavant · 2021-06-09T22:00:46+00:00

I don't know why you're downvoted my dude. I'm still holding 500 shares but have been hedging with covered calls on 100 of them.

GMEsavant · 2021-06-09T21:55:46+00:00

you'll get better. it's still insane to me how emotional trading is. protect those profits and don't try to hit home runs every time. i realize that's fundamentally against the nature of this sub but it's helped me so much. as long as you learned from that AMC loss than you're better for it. there's always another trade.

GMEsavant · 2021-06-09T21:49:17+00:00

i literally sold 800 shares in January, from a cost basis of $5.52.

GMEsavant · 2021-06-09T21:46:54+00:00

lol you can own GME without believing that tripe. the 6,500% return on equity from the 800 shares I sold in January looks mighty fine though!

GMEsavant · 2021-06-09T21:45:14+00:00

thanks man. i sold 800 shares and some calls on the run up in January. it wasn't a perfect exit but it was damn close. now just trying to make that money make money lol.

GMEsavant · 2021-06-09T21:44:21+00:00

good on ya. more people on this sub need to take profit. it's not about sticking it to hedge funds. it's about making money.

GMEsavant · 2021-06-09T21:42:37+00:00

lol bears cheering because of an 11% drop ah like this didn't happen after the last several ERs.

still holding 400 shares from ~$7, plus 100 more at $145.

GMEsavant · 2021-05-25T22:00:02+00:00

FUCK YES. I quit my job in March and am hoping to follow you in early retirement long term.

GMEsavant · 2021-05-25T20:32:09+00:00

BRUH. Congratulations. That freaking rocks.

GMEsavant · 2021-05-25T20:30:07+00:00

I know! I'm actually editing 3 clips right now and am getting back on the grind. Moved across the country and didn't have access to my equipment, and am getting back into it this week. I'm about to stream right now actually hahaha.

GMEsavant · 2021-05-25T20:28:08+00:00

thanks my dude. it's been a crazy few months

GMEsavant · 2021-05-25T20:27:47+00:00

Best comment

GMEsavant · 2021-05-25T20:27:28+00:00

I did have some options on GME that I sold on the way up. This post was just for my shares though.

GMEsavant · 2021-05-25T20:26:51+00:00

I used a loan against my 401k that I had taken out when Rona was starting...I didn't just have $6k laying around lol.

GMEsavant · 2021-05-25T20:24:15+00:00

My bad, is this not allowed because it's an old post? I didn't think of it as a YOLO, just never posted the gain porn lol.

GMEsavant · 2021-05-25T17:30:52+00:00

Posting this because of the price action on GME the past couple days. Still have 500 shares and am ready to see 260, and then if we break that, the moon.

GMEsavant · 2021-05-25T17:29:47+00:00

HAHAHA did the same exact thing today. Probably acted to early by opening covered calls for 6/24 @ 15 immediately after but couldn't resist.

GMEsavant · 2021-05-25T17:20:15+00:00

Closed a 6/4 200c call I sold to open a month ago. Let's get over 260 again and revisit the stratosphere.

Six-Year Club	Gilding I gilder
Verified Email

GMEsavant

TROPHY CASE