A few points I want to make here. Mass movement CAN affect stock price but where that movement comes from and where it’s channel through also matters. Market makers routing buy orders through dark pools to prevent buying pressure from pushing the price upward, while routing sell order to the open market, will cause the price to fall even if the buy to sell ratio is high on the buy side. There have been posts showing this in effect. See the buy pressure of GME for the past few years. Buy to sell ratios are consistently showing higher buy to sell yet price seems completely unaffected. Going down on days when brokers like Fidelity show a buy ration of 80-90%. Ken Griffin of Citadel even admitted that market makers can adjust prices of stocks to what they feel is appropriate to the market. We have him saying this is interviews. They admit they can manipulate stock prices if the want to. They are blatant and they are bragging about it. Sure if enough people start buying they can loose control for a bit or get surprised by the buy pressure but they can immediately start shorting it and suppress the prices if they need. Even freezing the stock if they need. We’ve seen them do it dozens of times. The only thing they can’t manipulate are shares purchased or transfered to the transfer agent since they don’t have control over non-DTCC shares.

Secondly I don’t really get the need to bring up some other random stock or even go into the GME stock. My comment didn’t even bring up any real details about the actual stock just the fact that following those guys taught me a lot about how fucked the stock market is but if you want to go there then fine. The company HAS improved on its yearly positions and quarterly positions since the change in management and the removal of certain board members that had ties to the same people shorting the stock which is a whole other conversation on its own how these hedge funds have used corporate sabotage to bankrupt businesses for their gain. Idk if the whole MOASS thing is actually believable and is probably a lot of hopium from that community, but I cannot rag on the company either. Turning a large company around isn’t something that happens overnight. Seeing that quarterly earnings have been mproving upon the previous years quarter, and doing so while the economy is in a recession, I would have to say they are making some decent forward movement. You bring up this other company having a mass of cash in the bank… So does GameStop? When compared to their size and cost of running, quarterly losses, which continue to decline YOY, etc, etc, the company is, at the worst, stable for years. Also the company does have a plan to turn around. They have had one for years since the replaced a lot of board members. It’s what they have been doing for 3 years now. An initial investment into changing some things up then reducing cost and reducing quarterly losses, steadily turning around to become profitable. Just in Q3 2023 vs Q3 2022 they went from a net loss of 8% ($97m) in 2022 to a net loss of 0.3% ($3m) in 2023. That’s in Q3, usually the worst quarter for retail businesses, in a worsening economy. Actually this has been a pretty steady trend since about half way through 2022. Q1 and Q2 of 2022 were a larger loss as they began investing into changes. By Q3 of 2022 they started reduce the net losses. Q4 of 2021 was a net loss of $147m, vs Q4 of 2022 was a net gain of $48m.

Regardless of what you think about stocks though, I think the economy will collapse before it will matter and the working class will loose no matter what they are invested in. I personally don’t have much skin in the game. I bought a handful of shares a while back just to play around but I don’t have really much invested anywhere outside my 401k which will never be enough to retire and has the same problems with all other stocks, stuck with the DTCC and manipulated as they please. My real retirement plan is to work till I’m dead or die defending my store of beans and rice from my neighbors once western society collapses. The best I can hope is to keep educating people on how fucked the system is and hope to live long enough to die with the satisfaction of seeing America crumble.