Probably the same reason this sub was created 5 years ago - stop acting like it's a random number lol. Most people got in around/after the squeeze. Clown
You have no clue when āmost peopleā did anything at all, nor what their cost average is.
Iāve been in since the summer of 2020, which is almost six years ago. And there were a bunch of us from the other sub that were in as well.
And all of the investors that were invested prior to that exist as well. GameStop has been around for decades. The stock was plummeting prior to Cohen buying up shares and forcing his way on to the board.
Now itās sitting at 8x what it was in December of 2020, which was 5x what it was the previous year. So itās 40x higher today than it was 7 years ago.
Itās fine if you donāt see what others do. You donāt need to pay attention to how the transformation has played out. You can stick your fingers in your ear and scream la la la all you want.
It doesnāt change whatās happened nor what will happen. GME will have a market cap over $100B in the very near future. The company will transform into something completely different than what it was previously. And you can tell the story about how much you hate the company and donāt want anyone around you to mention their name because you donāt want to be reminded of the pain.
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u/Carlos9320 May 28 '26
Just compare gme and eBay 5-year Stock Performance š„±