*goes long on Matt Levine futures*
https://twitter.com/fintechfrank/status/1479421901873336322
How I imagine this went down:
GameStop: We’re a struggling retailer in a segment beset by e-commerce, which due to our product being digitally deliverable is more of a threat to us than almost any retailer.
WSB: OMG we love your stock.
GameStop: And as you know we have no tech.
GameStop: We’re a struggling retailer in a segment beset by e-commerce, which due to our product being digitally deliverable is more of a threat to us than almost any retailer.
WSB: OMG we love your stock.
GameStop: And as you know we have no tech.
WSB: You will liberate us from Wall Street!
GameStop: You might also know that our customers think we’re legendarily lacking in taste or talent.
WSB: Let’s storm the barricades and string up the marketmakers!
GameStop: And as responsible professionals we’re a little bit puzzled.
GameStop: You might also know that our customers think we’re legendarily lacking in taste or talent.
WSB: Let’s storm the barricades and string up the marketmakers!
GameStop: And as responsible professionals we’re a little bit puzzled.
WSB: Diamond hands!
GameStop: It is actively distressing to us how enthusiastic you are about our equity. If we were totally unprincipled we could do an offering right now, like AMC, but you’d probably buy it at any price, and then we’d be taking advantage of idiots.
GameStop: It is actively distressing to us how enthusiastic you are about our equity. If we were totally unprincipled we could do an offering right now, like AMC, but you’d probably buy it at any price, and then we’d be taking advantage of idiots.
WSB: To the moon! To the moon!
GameStop: Now we have no strong moral reason to not take advantage of idiots. We sell video games at retail and have you ever experienced our upsell collection? But we are worried the SEC will wake up eventually.
WSB: Boo the feds!
GameStop: Now we have no strong moral reason to not take advantage of idiots. We sell video games at retail and have you ever experienced our upsell collection? But we are worried the SEC will wake up eventually.
WSB: Boo the feds!
GameStop: So we heard that there exists this thing called an NFT which… are you even listening to me?
WSB: To the moon. To the moon. To the moon! Rocket diamond hands!
GameStop: Yeah apparently the SEC doesn’t care about them so we could, I don’t know, NFT blah blah money.
WSB: To the moon. To the moon. To the moon! Rocket diamond hands!
GameStop: Yeah apparently the SEC doesn’t care about them so we could, I don’t know, NFT blah blah money.
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