137
GameStop’s CEO celebrated Trump’s victory and stock has been climbing ever since
(www.independent.co.uk)
this post was submitted on 12 Nov 2024
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It’s still down from where it was 2 years ago when I bought it. I’m deciding when to sell it to be able to claim the loss on my taxes since I’m not expecting any profit from it.
Not sure how that's possible unless you only bought back in 2021. Within the last 2 years, it actually peaked in May of this year around $65. Otherwise, it's been pretty stable around $20-$30. There's been plenty of time to get a low average cost and take profit when it starts running again. Now that they have year-over-year profitability and $4-billion in cash, I expect there will be future opportunities too.
Dumb dumb me bought it at $35, though that was pre-split. I haven’t put a trigger on selling it either since I was holding on to it.
I think that must be post split then. If it was pre-split, those would be $8.75 shares, which is a very good price and you would be way up.
Something isn’t adding up. I bought them in 2021, and the split was in 2022. But the qty it says I bought matches my current number. I’d expect that to be quadrupled . I need to look through my documents to verify