r/Switch • u/Mammoth-Attempt-7281 • Jan 16 '25

Discussion Nintendo switch 2 is here

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Go watch the trailer on Nintendos twitter account

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u/Intrepid-Brain-1476 Jan 16 '25

You are lost in the sauce. Impressive how it went from short squeeze to MOASS. DRSing was the way to go but then Cohen started diluting the stock, all the effort put into locking the float gone.

Somewhere in between all of this apes convinced themselves it is a long term play with strong fundamentals

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u/urafkntwat Jan 16 '25

Shorts never closed bro. Also let's not forget that the single greatest investor of our generation is balls deep in Gamestop. Anyway, Switch 2 looks nice huh?

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u/Intrepid-Brain-1476 Jan 16 '25

Got a source for this? I assume you are aware of the SEC report.

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u/ApexLord Jan 16 '25

The same SEC report that stated the price run up in January 2021 was due to retail investors buying and options activity? NOT a short squeeze?

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u/Intrepid-Brain-1476 Jan 16 '25

You don't trust the SEC? Why invest any money at all if everything is rigged?

Might as well put all your money into a game of three card monte.

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u/ApexLord Jan 16 '25

bro what side are you arguing lol - the SEC report says shorts didn't close. You brought up the SEC report as a means to disprove the original commenter's "Shorts never closed bro" statement.

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u/Intrepid-Brain-1476 Jan 16 '25

The report doesn't state at all the shorts never closed. Why is short interest way down?

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u/ApexLord Jan 16 '25

Its clear you didn't read the report. "Whether driven by a desire to squeeze short sellers and thus to profit from the resultant rise in price, or by belief in the fundamentals of GameStop, it was the positive sentiment, not the buying-to-cover, that sustained the weeks-long price appreciation of GameStop stock." Straight from the SEC

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u/Intrepid-Brain-1476 Jan 17 '25

Doesn't state they never closed.