I built a simple tool to look at stocks as they cross below 200 weeks of their moving average to see how well they fair after those events, and far and away, whenever GME crosses the 200 week moving average it's been one of the best buys. It's actually insane, even prior to the sneeze.
Mods, if this isn't allowed, please let me know and I'll take it down.
Why GME? || What is DRS? || Low karma apes feed the bot here || Superstonk Discord || Community Post: Open Forum || Superstonk:Now with GIFs - Learn more
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk!
I'm confused cuz this looks like ass....
https://preview.redd.it/tvrzqzmevx7g1.jpeg?width=1206&format=pjpg&auto=webp&s=5ac4cd448b9476845ad0028ce8fcb1b80de00c37
I'm in this picture and I don't like it.
It’s just reflecting reality. The average is nice though.
But its front end loaded average. Feels like my fucking mortgage! Front end loaded
Griffin can historically touch deez nuts! Ayyyyyy
What's the average 1yr return of 8 random dates lol
It's meant to be a back test of the Munger theory of buying when a great stock is below the "value" threshold. So a good average return is a sign that it works for this stock when it's below that threshold
Bullish
My body is ready
And my arthritis
https://preview.redd.it/k5ciythg128g1.jpeg?width=1554&format=pjpg&auto=webp&s=e1cd478b043feed284f932a762c9cfa102fb77a8
We don’t.
Sorry to bring your day down then. Just thought it was neat
You’re cherrypicking time frames. We all know that GME is up from the $1/share it used to be. Nobody bought at $1 and is still holding except RC.
It's a thesis that when the price crosses a (very long) moving average, a good stock is a buy. I'm not cherry picking, it's a methodology, and for GME, it would work pretty well. Especially if you follow Munger's time horizon philosophy of "buy to hold forever".
So the same thing with popcorn stock now. And BlackBerry. And the towel stock.
If you think they're great companies, then sure, great time to buy right now.
I'm not saying that, but some might. But the model is there regardless.
nice!
could not care less buddy