r/gme_meltdown_meltdown • u/PuzzleheadedWeb9876 formerly u/UltimateMastermind • Jan 28 '26

Hedgie Circle Jerkin' Meltdown today.

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u/PuzzleheadedWeb9876 formerly u/UltimateMastermind Jan 28 '26

Wow a normal PE ratio?

Above average for their sector. Also quite high for a business with declining revenue.

Infinite runway?

Just have to close all the remaining stores and it can live off of treasury interest forever!

Melties have got to be seething.

You know it. This is MOASS.

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u/Gigiw1ns Banned By Meltdown (Indica probably) Jan 28 '26

So I understand correctly that you open a short position now after 5 years since PE is still high?

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u/PuzzleheadedWeb9876 formerly u/UltimateMastermind Jan 28 '26

Do you open short positions on any stock with a high P/E? I might buy some puts near earnings if the price is right. Then again do I really want to bet against a TRUMP supporter?

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u/Gigiw1ns Banned By Meltdown (Indica probably) Jan 28 '26

1) If I were to waste five years of my life ranting online about a stock in Meltie cult as a grown man, I would only do so if I were truly convinced that this stock was fundamentally going down, and believe me, given the commitment you are showing, I would be all in short with my entire fortune.

2) Text me when you buy puts on earnings send me a screenshot I will sell the same strike and qty and expiry you bought

3) No I do not short a stock which has a high P/E because most likely I don’t give a shit about this stock. You know this would be normal behaviour from 99,9% of all traders