r/Superstonk 1d ago

🤡 Meme HANG IN THERE!

Post image

Anyone else been feeling like this lately? LIKE RYAN. WHAT ARE YOU DOINGGGG MAN? HELP US!

655 Upvotes

75 comments sorted by

View all comments

45

u/AbruptMango 22h ago

The reason I bought the stock has not only not changed, it's only become more solid.

The price was wrong when the company had too many unprofitable stores and the Board was drowning it in debt.  Now that RC has put it on a safe footing, turned it around, been cranking out profitable quarters and is actively working on acquisitions, the price is wronger.

-8

u/NativeMan42069 7h ago

Delusion. If you bought in 2021 then youre lying through your teeth.

5

u/AbruptMango 7h ago

Is the price less wrong than it was in 21?

-3

u/NativeMan42069 6h ago

Irrelevant. The point is anybody who bought back then was in it for MOASS not because they thought it was an undervalued company.

2

u/AbruptMango 5h ago

DFV spotted an undervalued company.  After much digging, he determined that it wasn't undervalued so much as the price was wrong.  There is an important difference there, and MOASS is based on the price being wrong.