“The thing is.... GameStop cannot stay at $300 per share. It’s financials will not support that. “
If people holding the majority of gamestop stock refuse to sell it, how will it go down?
It will go down when there are no buyers.... with no buyers the stock does not go up. It will be a $400 stock paying a dividend of 38 cents per share.... can you do that math? And that dividend it is paying is more than the stock makes historically. So it can’t do it forever (since it can’t print money like the government can). Are you going to hold that stock and refuse to sell it? For how long?