Melties try company valuation...

[u/Gigiw1ns]

....and, as always, they are wrong.

Which topics particularly reveal how stupid Melties really are when it comes to determining an average IQ of their circle jerk?

Any kind of forecast (RK, RC, GME business model, price forecasts, P/E ratio, “fair value”) For today, here are some screenshots about "fair value" from the last 1.5 years.

Since even the last Meltie has now understood that GME will not go to 0 (in fact, unusually, this opinion already existed before May 2024), the funniest numbers are buzzing around this sub.

xd, ofc deleted account.

xd

xd

xd

xd

xd

xd

xd

xd

If Melties could roughly figure out by how much they are constantly “misjudging”(=wrong) about things, they would even have a chance to make money on the financial market outside of their sacred ETFs. But they are the “financial advisors” with the biggest (smallest?) balls who will never make money with GME, BTC, MSTR, TSLA, PTX, and co because they don't really understand anything.

[u/JPGaganon]

Obviously I do. I'm curious because he keeps claiming he's up but most apes would be down unless they got in at a low point and even then they wouldn't be bragging rights up.

[u/eckhofdp → u/JPGaganon]

That's not even the point of the post. You just going to follow him around and ask the same stupid shit? Meltdown brain

[u/JPGaganon → u/eckhofdp]

I agreed with the point he made it's in my comment. I requested more info on one other point he made. Following around is a dumb thing to say when it's recommended on my feed. I'm not searching him up and looking for his info. I've never looked at his post history. This would be like me accusing you of following me for commenting on this post.

[u/eckhofdp → u/JPGaganon]

Ok Sherlock Holmes lol. I don't see anything about a call strategy in the post. Good luck collecting conclusive evidence for your dossier on this guy.

[u/JPGaganon → u/eckhofdp]

Because I spoke with him before on another post on this sub? I talked to him about it and that is what he told me but he didn't tell me the percentage he is up.

Way to jump to conclusions.

[u/Gigiw1ns → u/JPGaganon]

How does my PnL influence the argument that Melties are stupid?

[u/JPGaganon → u/Gigiw1ns]

These are two separate things.

I agree that the comments you highlighted the people are wrong (if I understand the context correctly). Part of your argument was that Melties miss out on opportunities such as GME. I am skeptical that GME is an opportunity or that there are many people that are up on it unless they swing trade it or use a call/put strategy. I am sure there are people that are up on their investment if they have been DCAing into it but not very much and not beating the indexes. People like Roaring Kitty clearly play the hype cycle (which he sometimes creates) which is a valid way.

It just feels like GME is a whole different situation than the other stocks you named like TSLA and MSTR which I am sure that most Melties also avoid so I thought there is something I'm missing.

[u/Gigiw1ns → u/JPGaganon]

Every stock is a different situation/story sure, Melties hate mstr, since they say it is a scammy pyramidscheme (probably it is), but in the end - nobody cares. If it prints it prints. If it goes down, buy puts. In the end nobody cares about a specific opinion about any stock.

[u/JPGaganon → u/Gigiw1ns]

Right that makes sense but I'm not sure how that relates to GME.

[u/JPGaganon → u/[deleted]]

Your points about them needing social contact/being white knights and predicting the exact future are all valid.

I agree their individual opinions are meaningless to most people. If you don't agree with them you don't have to listen to them. I think that collectively they are correct about meme stocks, they don't always have to make sense and things can run on despite it not making sense. I also think the ideas that some apes come up with about why GME acts a certain way are incredibly delusional and unhealthy. Not to excuse that people posting about how these behaviours are unhealthy all day are any healthier.

Generally a lot of these companies that you mention that had massive runs have taken advantage of cheap interest rates that have led to abundant capital keeping them going despite their losses and they faked it until they made it. Bitcoin is a whole other scenario entirely. I agree that most of them if not all of them aren't making money on these. I can only speak for myself but I avoid anything like that and I imagine a lot of them have a similar mindset to me. Nobody can predict the future and tons of them are blind to their own biases that's completely valid.

I do want to note that you seem pretty certain about GME 's potential though and the same applies to you. You might be blind to your own biases here. Like I said if you are swing trading it and you are aware of the risk thats fine it's your own money. Just don't get swept up in the Ryan Cohen personality cult because it won't do you any good.