Literally a used Switch game in a big, ridiculous bag with a “New” sticker on it. Imagine going into a GameStop with a game in a bag like this and convincing them to give you credit for it as “New”.
Don’t buy online from GameStop. Actually, just don’t buy from GameStop.
And this is the company wallstreetbets wanted so bad to defend. It should have died. It DESERVED to die but Reddit wanted it alive because if there’s anything Reddit hates more, it is short sellers. But the reality is that most of the time the companies that get taken down by short selling aren’t healthy to begin with. After all, why push a strong company off the cliff when you can push a weak one that is overvalued?
Watching that all was a bit like watching a sped up version of the crypto boom.
It started off with a bunch of well-meaning weirdos that were sticking it to the man. Then a few people made a whole bunch of money and from there it got super popular and turned into a weird libertarian cult.
It got me interested in stocks. I blew a few bucks on their wacky schemes, but for the most part I put in some long term investments that are slowly climbing.
If you guys haven’t done it, Dan Olson released a video talking about it. https://youtu.be/5pYeoZaoWrA?si=fJrgiv3c5OKPpa1c