[ricardonunez]

I have read the report multiple times trying to make an educated investment decision. As I mention in other comments, I was following the company way before this saga. Probably for similar reasons than Burry, Ryan Cohen and DFV decided to invest on it, although I admit what caugh my attention was their dividend years ago (no longer pays a dividend). I researched a lot of companies, GME happened to ended up with this craziness all around. I think this is not going be worth millions per share like Reddit says, but it will be worth way more than it is right now. I am far from a bagholder, I've earned a nice return and based on what I have seeing, things are going to be better for the company. The short part of investment is something I had to learn more thanks to the whole saga. I am always looking for bearish thesis about my investments and why this is not going to be worth more in 5 years. Watch DFV youtube videos, he is far from a meme, his videos are very informative about why it is worth it.

[bigram]

DFV's price target was $40. You read the report but you must not have understood it because you are claiming things that the report clearly debunks.

[ricardonunez]

That was without counting any work performed by RC and the turnaround.

From for the report:

* Figure 6 shows that the run-up in GME stock price coincided with buying by those with short positions. However, it also shows that such buying was a small fraction of overall buy volume, and that GME share prices continued to be high after the direct effects of covering short positions would have waned.

The SI was 140% of the float. Small fraction of the volume was the short (without counting short volume), you think it was enough volume for both? There's no way to know how much was that. Gabe Plotkin in his testimony even says that short have plenty of time to cover but it didn't seem that was the case. If you look at the SI chart it seems the shorts got closed right away, but the stock manage to have couple of wild runs to 300 and a few to 250. With no retail nor volume to back it up. Why is that? you don't see that with any other company. Maybe some fraud behind?I really don't know.

Anyway, I am not saying there's a 140% short position (nor crazy 1000% like reddit speculate), but the SI is not 10% nor 20%. The price action nor the options market backs those numbers, I may be wrong but I believe there's more to it. It is hard to be sure obviously, but I don't mind to have a few hundred shares and see how it unfolds, long term it is going to be worth more and I am not counting on any squeeze for that. This is not financial advice, it is just my opinion on something I ended up finding fascinating, from the investment side and the human behavior side.