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House Racist
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KingdomFarts he/her :usa: Landchad Rights Activist :usa:  2yr ago (reddit.com) 805 thread views #36095

To begin, you need to start thinking of Gamestop as an emerging tech-focused startup company. This startup has over 1.5 billion dollars in cash on hand, it has no significant debt, and it has a user base of 50 million subscribers in their power up rewards program.

https://old.reddit.com/r/Superstonk/comments/s3hr7f/dear_rall_and_people_just_now_tuning_into_the?sort=controversial
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Lol people don’t say these kinds of thing just about GameStop. Although not quite as extreme as GME-cultists, there are plenty of larger investors willing to paint new SPAC’s/value stocks/garbage in general as tech and growth stocks. A lot of them are long term holders too.

This kind of thinking is normalized (and somewhat successful) now due to how much money has poured into equities over the past couple of years, but it’s still weird to see relatively smart people straight up lying to themselves and other investors.

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that's really true honestly, and it even bleeds into linkedin recruiters who hit me up with jobs at a company they describe as a "startup" when it was actually founded around the dotcom crash lol

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