Quote:
Originally Posted by CroFlames
If they didn't pull dirty tactics, then it would reach $1,000. It may still.
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Are you referring to RH?
That is ugly, but it is not the reason that the stock is $200 instead of $1,000
The value of a company is a function of its fundamentals. Gamestop is a $1 or $2B company, not a $10 or $50B company.
What is going on right now is interesting, and those that are being hurt deserve it. None the less, the stock is going to end up at $20 (or something in that area). What it does over the next few days is anyone's guess, but it is not a $1,000 stock. It is not a $100 stock. So holding it long term, from here, is probably not a great strategy.