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?
You haven’t answered the question.
Holding GameStop shares isn’t a long-term strategy by Reddit buyers. But you knew that, right? Then again, maybe you don’t know that.
The last time they paid a dividend was March 2019.....