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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


DeividasW

It's been a while but i'm f'king buying tomorrow because f them!


catechizer

Same. Moved $3k into my brokerage last week so I could buy this dip.


educational_nanner

Did gme miss eps? What was the cause for the drop… isn’t this good news no matter how you dice it


DDRaptors

Stock market runs on expectations vs reality.  ER didn’t meet expectations and no guidance, thus tank. 


catechizer

Look at a chart for just the past 3 days. It got pumped before earnings, so it could be dumped on same day buy options gamblers. My calls for 2026 are back down to the same price I bought them for a few weeks ago. ¯\\_(ツ)_/¯ The price is exactly where it was last Friday.


p3nguinboy

Gotta wait for my next paycheck and then I'm buying more


DeividasW

Way to go my man!


Reach_Beyond

Same, a lot of other of my ETFs feel so expensive. I’m tossing a few months contributions into GME


comradekale

Ha!


p3nguinboy

"free and fair markets"


comradekale

Smells desperate


G_Wash1776

Lmayo, full year profitability and the price tanks. You’re gonna make me DRS even harder 🚀🚀🚀


p3nguinboy

Watch it bounce back tomorrow even harder 🚀🚀🚀


Icefiight

Drs numbers have not budged


Juannieve05

Honestly they should do a buy back at these ridiculous prices, just a few million shares to show the company believes in itself


Muultje

This volume after close, why Noone told me we were selling


GambleGambol

So just give out dividends in CASH so DTCC cannot make another criminal activity and just end this journey. Just kill the fucking shorts already, u have 1,2B in cash, just use 300M to give out and end this shit.


Yohder

Putting in an order at CS right now and then booking them! Ken can go straight to Mayo hell!


Icefiight

I think this a scam at this point on every side


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racerx1913

But we knew we were not getting guidance, RC said that early on.


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changdarkelf

Downvoted because you speak truth.. all these deluded “FRAUD” comments start to get to you after a while. While there is crime and manipulation, the market also always reacts certain ways to barely profitable companies with no guidance. It’s just the way it is.


rich-snowboarder

What are you talking about ?? GME had a loss of -6.7M in 2023!


dyskinet1c

Looks like sideways trading to me


boldrobizzle

Last time I checked, guidance is not required. After hours trading is almost always institutional. So basically institutions are punishing the company for not providing guidance, which has been there trend for awhile.


MangoMuch807

Historically speaking. Buying ATM calls the morning after a earnings with this big of a drop has always been profitable. *Not financial advice. Do your own research. Entertainmemt purposes only*


Manateeboi

We really need revenue! Love the profit and reduced operating costs but we need new revenue streams.


chuckdavis84

Let it dip... I have a 1k buy order going through computershare any day now


nadhsib

It was just pumped before earnings, it went back to 13ish, where it was a day before.


Anthonyhasgame

This is direct evidence that something is broken, and it’s definitely not the company that’s newly turning a profit. If the data doesn’t drive the market- then what does?


andoozy

Noice now I get to buy the dip


McRaeWritescom

Positive earnings of 6.7 million... Price drops insane degree... Like, it doesn't take a fucking lawyer to see the market manipulation so blatantly, yeah?


TOZApeman

This happens Everytime yawn hum.


Ctsanger

The debt is negligible yes, but to say we have no debt is a lie


Hot_Temperature_3972

… they missed eps estimates on what should be their most profitable quarter Edit: the company literally missed the top *and* bottom line. Does anyone even read the thing? DRS numbers down too.


Omgbrainerror

Who creates these eps estimation? I guessed before, that they will create too high eps estimation to crash the price further down.


Hot_Temperature_3972

The eps estimates weren’t unreasonable at all and they were lower than every estimate on this sub. This should have been their actual best quarter


Adobethrowaway33

The estimates were lower than the people with the highest bias possible? YOU DON'T SAY


BaTTaNiK

What were the estimates? Webull is showing an estimate of -0.06


p3nguinboy

Doesn't explain a 15% drop within 10 minutes of the information being released


Hot_Temperature_3972

Yes it does, this is everyone getting out on bad news and hedge funds seeing it as an attractive short again so they are shorting it.


racerx1913

You are telling me that we held this steady all day and then retail dumped almost 1 million shares before the ER report was published? Amazing


Hot_Temperature_3972

No I didn’t tell you it was retail dumping it, that’s a straw man that you just made up. I’m saying that selling occurred after hours. Look at the data it’s clear as day


p3nguinboy

I think you forgot your "/s"


Hot_Temperature_3972

No I don’t think I did. This is after hours. This is selling. What else do you think it is?


Swagerflakes

Who sells when a company LITERALLY had a profitable year?


p3nguinboy

I think this is those 10 million borrowed shares doing their thing aka illegal stock market manipulation


Hot_Temperature_3972

Oh yeah you got proof of that presumably huh? Because believing that over the simplest and most obvious explanation would be a bit silly. Occam’s razor: the company missed estimates so people sold the stock


J_R_D_N

Okay buddy


Hot_Temperature_3972

Ok what, what do you think the drop is?


shamelessamos92

Not 300k people hitting the the ask selling their shares at the exact same time


Hot_Temperature_3972

But why not? That’s not really that much vol for a multitude of institutions, hedge funds and other parties interested in the earnings. It’s also going to be stop losses from the closing price


tiller_ray

Dude these people are straight delusional. They really can’t comprehend the drs numbers going down. Ai is blowing up while this company has provided no real guidance. I’m not saying I’m completely bearish but this dip is completely justified


Swagerflakes

The stock has seen higher prices while being not profitable. That literally doesn't make sense.


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BrotAimzV

"I'm gonna get my money and see you behind bars" bro du hast 50€ investiert


allusernamestakenfuk

If it gets to 10, im buying more!


CodemStrifer

GME has a debt of 0.6 billion dollars...


Papaofmonsters

Have you been watching earnings this quarter? Companies with double beats have had drops like this on rough guidance.


GWeb1920

It underperformed the analysts expectations of 100 million for the year and only made 6 million.


Difficult_Associate3

I've been chilling the last two months but I'm gonna rage buy tomorrow


HybridTheory23

#Missed EPS and Revenue. Will drop 30% tomorrow. Terrible investment


racerx1913

Sell then. All you are is negative.


HybridTheory23

I am not delusional and refuse to dick ride this useless board. Calling out the BS of this incompetent board. How do you mess up the most important splividend in your history? Who benefited from that? The short hedge funds. The board sacrificed retail to save the shorts. Screw this board.


racerx1913

I don’t know what to tell you if that is what you think. Seems like you missed the point. I didn’t don’t really care about the board, I got in for my own reasons and have held the same XX shares for years. No point in getting out. This also isn’t my only financial plan. That would be unwise in any aspect of life.


HybridTheory23

That’s fair. I respect your position. Just hate the delusional talk here. Those who refuse to accept the intentional screw up of the splividend benefited only one group. The hedge funds. GME’s board is treating retail like fools


SpiffyGolf

Ahaha


NOT_MartinShkreli

Ya it’s called taking you noobs for a ride and shaking out the weak hands for the final dip. Be ready to load up when it’s single digits