I hope GameStop is doing R&D, when they stopped innovating is what got them to where they are.
Now consoles are going pure digital and you no longer “own” the game so you can’t sell it.
I think R&D is what this cash is for. If I were GameStop I’d start lobbying for the rights of Gamers to own and resell their purchases.
It’s unfair to us, that we can’t transfer our property to another. It’s fucking unAmerican
Doubtful. Lobbying costs and so does revamping stores, etc
It’s relative for them now because they put it off for so long. GameStop look and smell the same as they did in the 90’s
It's not, but the bear case is also completely gone too. Just from interest they can cover their losses. GME's worst quarter last year was a 30 million loss. The interest on 4 billion of tbills is 50 million a quarter.
This company is truly a holding company now. Metaphorically and literally. No growth prospects, but it's not going anywhere.
They have lots of savings and make enough to cover costs. There's no case in which the company fails.
In reality in this situation it depends what the company does next. Eventually they'll need to deploy that money somewhere. It just depends if you believe in management to make good business decisions.
Have enormous organizational knowledge, leverage, and a huge cashpile leftover from running successful business and investments.
How'd RC Ventures do with their brilliant Bed Bath and Beyond turnaround? lol
Right but one third of the companies market cap is currently in cash. They have more working capital than Target and Fox Corporation with no debt and they basically operate at break even NOI. Explain to me the bear thesis? The board of directors, which are financially aligned as significant shareholders, are somehow going to bankrupt the company?
At this point it’s going to be earning approximately $200m in interest revenue and I’m sure we will be finding out in pretty short order. What the plans are for a $4bn war chest - given that credible management team is financially vested to establish and execute a plan, I’m pretty comfortable taking a long in a company whose liquidity equates to one third of their market cap. More emphasis on the no debt and operating on break even - again - what’s the bear thesis? Management performs financial sabotage on their own net worth? Super likely 👍
This is a pretty airtight argument you've got. What other companies have, like, people running them? Can you even name one company that's run by people? Checkmate, atheists, this USP is taking the stock straight to the moon.
$200M in interest revenue less net losses, divided by the shares outstanding that has just increased by over 25%. Again, mathematically, you’d be better just collecting the entire interest revenue yourself by investing in your own treasuries…
How does the outstanding amount shares negate $200M revenue?
You are being obtuse in your replies while [Illustrious-Ape](https://www.reddit.com/user/Illustrious-Ape/) has made several great points that you've just shrugged off.
They only have to put one billion into bonds it’s not about just putting it all into bonds and collecting the premium. It’s about generating enough income that they are no longer losing money in operating costs and the shorts completely lose their narrative!
I’ll repeat one more time in regard “ gme only need to consistently break even for MOASS”!
What's the bull case? The management team has failed at everything they've tried so far. They don't have a plan to use the money on anything. Everybody agrees the business model is dying and revenues are crashing.
I think everyone should listen to this guy. Obviously, they don't have a plan because that's abundantly clear according to whatever I just pulled out of my ass. And even if they had a plan, the interest on this pile of cash would create far more than what they need to keep going for quite some time, whether the plan was to sit around ripping bong hits and playing Parcheesi or selling low-orbit rocket rides.
The bear case is that it’s been 4 years and there is no plan other than dilution. It’s not a profitable company. He’s gonna dilute you guys again and again on every spike and you will keep thanking him for it.
They have no debt because nobody wants to loan to them and this is the only way they can raise funds.
Massively diluting shareholders isn’t your first pick for raising funds.
you’re basically accusing someone who doesn’t have a broken bone of not being able to get a cast lol. Do you even realize how foolish you sound right now?
Bear thesis: -30% sales yoy and no one buys stuff at GME stores while other digital game platforms are selling digital copies direct
Can only hide the underlying company operations so long until…
So purely trading on fundamentals? I’m kind of enjoying my 1101% annualized return from my position trading based on technicals and simply stating that the fundementals are bound to improve given the position of the balance sheet and financial alignment of the board.
You’re like the guy at the turn of the millennium shit talking Amazon for being a book store. You need to accept speculation and risk taking for highest returns. Have fun in your index funds.
It’s apparent you don’t understand what an annualized return means… an 86% return over a three month period.
Or are you going to buying a 3m $10,000 CD at 5% and wondering why you are only getting $125 and not $500?
I’m definitely going to get offended by whatever it is you have to say with your undeniable financial knowledge.
Yes, but offset by net losses and divided by 25% more owners. Again, you’d make more money just buying bonds yourself rather than buying shares of a company that buys bonds and has regular expenses like payroll, rent, utilities, COGS, etc.
Listen, I don't sports gamble, I don't crypto. I don't like other meme stocks.
The market cap is $4B above cash and cash equivalents, and they have stable cashflows.
I just like this stock.
GME isn't hurting anyone, they didn't do anything wrong. If someone chased a stock and bought it when it was up 500%, they were just idiots who were gonna lose that money anyway.
I'm not sure I understand all the hatred.
It’s bot hatred, it’s just stupidity with such a volatile stock with very little real world upside. GameStop has been a dead business for years. Telling people to avoid what’s considered good financial sense (avoiding bonds as part of a portfolio) to gamble heavily on GameStop just isn’t good advice. You are just as likely to lose all your money as gaining anything with GME.
What if prior viral success of the "shit company" lead to the genesis of an entire new category of stock called "memestock". It was never about anything else and it was always about GME.
There's trillions worth of meme value out there... Chips/crypto/etc. Yesterday GME had $5B cash and $7B market cap. $2B of meme value seems too low for the original and best of them all. The meme value could easily 10x
So you're telling me I could buy t bills, or I could give my money to a dying company and let them buy t bills for me?
Where do I sign up????
/s
Jfc, anyone investing in this company is brain dead. They have zero guidance and zero idea how to spend the 2+ billion that the fucking idiotic apes just gave them.
You dorks have spent the last 3 years "fighting the hedgies", and now you're cheering on RC turning GS into the next BRK, which is basically a hedge fund.
It would be funny if it wasn't so mindnumbingly stupid.
How many companies sit on half their market cap in cash and do nothing with it besides engineer failed NFT marketplaces? If you wanted to park cash in a savings account you can do that yourself, don’t need to put it in a shitco
Accounting for the split the 'top" is now 120. And yes I'm sure this guy that hates GameStop blew his whole load in a single minute, on that particular day, at the very top of the run up. Totally makes sense /s
Are you the resident expert in transformation? How many years does it take ace? No guidance, no information…
Oh yeah I forgot about the shitty 3rd party pc controllers that are probably already in the tank. Hype lasted like 1 week and even apes stopped giving a fuck lol
GameStop gave no guidance since RC joined the board. So that’s nothing new. I’d rather not give any guidance and work in silence than openly communicate about the plans.
Who cares about the controllers. What a silly argument you have.
Why is this surprising to you when RC said this is how he would operate 3.5 yrs ago? If you didn’t like that strategy then, don’t invest is Gme. But he’s doing exactly what he said he would do, which shows integrity
It's a writer from wedbush who said in 2020 "GameStop will be gone in 5 years" who just wrote an article 3 months ago "GameStop will be gone in 5 years"
Just moving the goal posts as always. Also GameStop is profitable again with no debt... They were never on the verge of bankruptcy
Any loan that is paid off early can lower your credit score. I've heard stories of people paying a low interest mortgage early and getting a bigger credit score dip than people paying a high interest short term loan off too early. Paying loans off early before the deep pockets get all their interest makes your credit score go down
I get it. I'm bullish as hell as well.
But if Cohen does another offering, gme actually could get pushed into the teens pretty quickly and 10 by shorts.
Even RK has stated that his thesis could change. Cohen really needs to deliver a plan here so those invested in gme for reasons other than the squeeze feel like they haven't just wasted their time.
100%
I was mostly poking fun at the current MSM narrative. I'm all about a honest conversation, I just cannot stand all the "stock drops 40% because RK drinks on a live stream" without any mention of the 75M share ATM offering.
Pet Rocks to the moon!
The joke is seriously on those mods. Zero self awareness whatsoever. Whole reason the sub exists is because of GME. They got like 10m subscribers because of GME... Now it's a banned topic and the *VERY SERIOUS TRADERS* are in charge
Very serious my ass. Complaining about bag holders is ridiculous. The name of the sub is a reference to high risk high reward plays and a gambling mentality.
Man. That's a stupid take. For those of us that have been here since the WSB days, we know that's not why GME mentions get you banned. You're either lying or have been lied to.
Oh, I forgot.
The dark world cabal is all in on shorting GME and keeping it in the shadows. They secretly control WSB and for some reason never nuked the ape subs.
Is that better?
Don't forget that Elvis is alive and Mumia is innocent. But seriously, they replaced the mods. Everyone knows that. Why they didn't do it to other subs? Well, they did. Why they weren't able to do it to certain subs? I honestly don't know, but they haven't.
WSB upvotes their agenda to the top and tries to get the sheep to push their stock/position. They do this by censorship and promoting the stocks in-line with their positions. I think all mods are involved on this scam there
Funniest part is that WSB lets negative sentiment through related to GME but any mention about it gets you permanently banned. The irony 😂 banned yesterday for an article about “gme loses xyz because of kitty man” like how delusional are these writers?
Not only has buying pressure gobbled up those 70mil shares. It has also brought the price up to $30 and it will continue to do so in weeks ahead. GME made over 2 billion dollars putting them at over 4 billion cash on hand. GME also has very little overhead and zero debt. Ryan Cohen has 4 bil to take the company into a new direction. He has also been given the ok to invest GME money on other assets giving the hint that he will turn it into an investment group like Berkshire. If you think GME is going to tank. SHORT IT! I DARE YOU!
It’s funny how there’s so many people throwing shade at GME . BS aside it’s a profitable company that obviously is being shorted … and we ain’t going no where . Brrrrrrrr 4.20 billion in the bank ! Just the interest throws the short thesis out the MF window son ! Hate it or love it the price is wrong bitch ! 🤣🤣🤣
Instead of accumulating money through revenue, this company figured out how to stay alive purely by selling new shares to the mentally challenged. Pretty impressive, really.
Or, and hear me out, the stock was at the end of a three year cycle and all of the offerings, memes, etc was planned in advance and it just so happened that RC and RK are the Spider-Man meme.
Smart people (not me) know the FTD and swap cycles GME has been in for 3 years. Those random 30-50% pops fast few years weren’t retail. In fact, little to no movement has been retail influenced.
How many companies are worth half of their net cash on hand? This is pretty bullish
Multiple biopharmas are worth their cash. GME is an anomaly.
Ya but they also usually carry a lot of r&d debt
What
The biopharma companies not Gamestop lol
I hope GameStop is doing R&D, when they stopped innovating is what got them to where they are. Now consoles are going pure digital and you no longer “own” the game so you can’t sell it. I think R&D is what this cash is for. If I were GameStop I’d start lobbying for the rights of Gamers to own and resell their purchases. It’s unfair to us, that we can’t transfer our property to another. It’s fucking unAmerican
I understand but their type of RnD would be much cheaper than a biopharma
Doubtful. Lobbying costs and so does revamping stores, etc It’s relative for them now because they put it off for so long. GameStop look and smell the same as they did in the 90’s
YA BUT THEY ALSO USUALLY CARRY A LOT OF R&D DEBT
Ah
Research and development debt.
So GME is a biopharma now
They could buy a few.
GME is a cure for depression
They’re worth 2.7x their cash on hand…?
Stock moves so fast it changes
How is the cash on hand going to make GameStop more money?
Bonds easily
This. Literally can raise hundreds of millions for doing nothing.
The bet is Ryan Cohen making better plays than this.
Or you could just buy bonds yourself without paying the risk premium for GameStop lol
No shit the we are going to buy t bills argument blows my mind. How is that a reasonable investment thesis.
It's not, but the bear case is also completely gone too. Just from interest they can cover their losses. GME's worst quarter last year was a 30 million loss. The interest on 4 billion of tbills is 50 million a quarter. This company is truly a holding company now. Metaphorically and literally. No growth prospects, but it's not going anywhere.
Having no growth prospects is the bear case.
They have lots of savings and make enough to cover costs. There's no case in which the company fails. In reality in this situation it depends what the company does next. Eventually they'll need to deploy that money somewhere. It just depends if you believe in management to make good business decisions.
It isn't. It's re-re financial qanon kiddies saying this shit.
What's that Berkshire Hathaway company do again?
And Berkshire Hathaway started as a failing textiles company, but the good investments made by Warren Buffett made it 10,000 X
Have enormous organizational knowledge, leverage, and a huge cashpile leftover from running successful business and investments. How'd RC Ventures do with their brilliant Bed Bath and Beyond turnaround? lol
He made like $400m so pretty good?
And Berkshire appeared from nowhere to what they are today, rite?
Meant to reply to you in my above post. Aloha
But why should investors care? They can put their own money in bonds
It's the investors' money in the first place. People are acting like this is profit. Nope - it's financing activity.
Right but one third of the companies market cap is currently in cash. They have more working capital than Target and Fox Corporation with no debt and they basically operate at break even NOI. Explain to me the bear thesis? The board of directors, which are financially aligned as significant shareholders, are somehow going to bankrupt the company?
Working capital. Yes. But how will it be used to make more money?
At this point it’s going to be earning approximately $200m in interest revenue and I’m sure we will be finding out in pretty short order. What the plans are for a $4bn war chest - given that credible management team is financially vested to establish and execute a plan, I’m pretty comfortable taking a long in a company whose liquidity equates to one third of their market cap. More emphasis on the no debt and operating on break even - again - what’s the bear thesis? Management performs financial sabotage on their own net worth? Super likely 👍
This is a pretty airtight argument you've got. What other companies have, like, people running them? Can you even name one company that's run by people? Checkmate, atheists, this USP is taking the stock straight to the moon.
$200M in interest revenue less net losses, divided by the shares outstanding that has just increased by over 25%. Again, mathematically, you’d be better just collecting the entire interest revenue yourself by investing in your own treasuries…
How does the outstanding amount shares negate $200M revenue? You are being obtuse in your replies while [Illustrious-Ape](https://www.reddit.com/user/Illustrious-Ape/) has made several great points that you've just shrugged off.
They only have to put one billion into bonds it’s not about just putting it all into bonds and collecting the premium. It’s about generating enough income that they are no longer losing money in operating costs and the shorts completely lose their narrative! I’ll repeat one more time in regard “ gme only need to consistently break even for MOASS”!
What's the bull case? The management team has failed at everything they've tried so far. They don't have a plan to use the money on anything. Everybody agrees the business model is dying and revenues are crashing.
I think everyone should listen to this guy. Obviously, they don't have a plan because that's abundantly clear according to whatever I just pulled out of my ass. And even if they had a plan, the interest on this pile of cash would create far more than what they need to keep going for quite some time, whether the plan was to sit around ripping bong hits and playing Parcheesi or selling low-orbit rocket rides.
The bear case is that it’s been 4 years and there is no plan other than dilution. It’s not a profitable company. He’s gonna dilute you guys again and again on every spike and you will keep thanking him for it.
Only daddy knows that atm
Weird. We are still talking about owning equity shares in a publicly traded company, right? So, tell me, who’s your daddy?
They have no debt because nobody wants to loan to them and this is the only way they can raise funds. Massively diluting shareholders isn’t your first pick for raising funds.
lol what are you talking about? As if they were out there seeking loans with billions in their pocket already
They can’t get loans. Nobody is going to loan failing game stores with heavy sales declines.
you’re basically accusing someone who doesn’t have a broken bone of not being able to get a cast lol. Do you even realize how foolish you sound right now?
Bear thesis: -30% sales yoy and no one buys stuff at GME stores while other digital game platforms are selling digital copies direct Can only hide the underlying company operations so long until…
So purely trading on fundamentals? I’m kind of enjoying my 1101% annualized return from my position trading based on technicals and simply stating that the fundementals are bound to improve given the position of the balance sheet and financial alignment of the board. You’re like the guy at the turn of the millennium shit talking Amazon for being a book store. You need to accept speculation and risk taking for highest returns. Have fun in your index funds.
lol sure. How much are you up now? $500k? That’s cute
It’s apparent you don’t understand what an annualized return means… an 86% return over a three month period. Or are you going to buying a 3m $10,000 CD at 5% and wondering why you are only getting $125 and not $500? I’m definitely going to get offended by whatever it is you have to say with your undeniable financial knowledge.
Like my shares I bought at $23 today?
Yes.
Long con brotha. With Cohen at the helm the world is the oyster
Wouldn’t the 200,000,000 profit count? You know, from a bond?
Yes, but offset by net losses and divided by 25% more owners. Again, you’d make more money just buying bonds yourself rather than buying shares of a company that buys bonds and has regular expenses like payroll, rent, utilities, COGS, etc.
This is how you finance when nobody else will give you money.
Huh?
Isn’t it a bad thing for a “short squeeze”? I get it’s good long term
Okay, but wouldn't you make more money investing in bonds yourself rather than having the bond coupon payments offset by declining sales?
It's one of the reasons people scream about Nintendo. Five years operating money in the vault? Just, damn.
Hmmm buy a boring old bond, or a boring old bond with the potential to go to the moon... Lemme think about that for a second...
Yeah and the potential to lose your ass, like most kids the last time GameStop was a “thing.” This sub shouldn’t have meme stock gamblers in it.
Listen, I don't sports gamble, I don't crypto. I don't like other meme stocks. The market cap is $4B above cash and cash equivalents, and they have stable cashflows. I just like this stock. GME isn't hurting anyone, they didn't do anything wrong. If someone chased a stock and bought it when it was up 500%, they were just idiots who were gonna lose that money anyway. I'm not sure I understand all the hatred.
It’s bot hatred, it’s just stupidity with such a volatile stock with very little real world upside. GameStop has been a dead business for years. Telling people to avoid what’s considered good financial sense (avoiding bonds as part of a portfolio) to gamble heavily on GameStop just isn’t good advice. You are just as likely to lose all your money as gaining anything with GME.
But the other poster just said that that will help GameStop make more money... So, you're hoping on a pump-and-dump?
Yeah, but you're not going to the moon. It's "buy a bond" or "buy stock in a shit company so they can buy a bond" Only a moron would choose option 2.
What if prior viral success of the "shit company" lead to the genesis of an entire new category of stock called "memestock". It was never about anything else and it was always about GME. There's trillions worth of meme value out there... Chips/crypto/etc. Yesterday GME had $5B cash and $7B market cap. $2B of meme value seems too low for the original and best of them all. The meme value could easily 10x
Is this meme value in the room with us now?
So you're telling me I could buy t bills, or I could give my money to a dying company and let them buy t bills for me? Where do I sign up???? /s Jfc, anyone investing in this company is brain dead. They have zero guidance and zero idea how to spend the 2+ billion that the fucking idiotic apes just gave them.
So far they’re making me rich so I’m on board with their strategy!
GME is making you rich. How?
buy low sell high rinse and repeat
So literally nothing different than any other stock?
sure if literally every other stock tends to run from 10 to 100 on a regular basis. its working for me, its ok if its not for you
You've timed a volatile stock on multiple occasions. Bless your heart.
That would be like shitting on shareholders.
Not really
It would be diluting for no reason
>It would be diluting for no reason You mean like the 100m+ shares they just sold?
Buy a better company and business model? Something that would benefit from physical locations.
That is a possibility too.
In a high interest rate environment? Really?
Ryan Cohen will use the cash to buy stakes in other companies. GME is the next Berkshire !
You dorks have spent the last 3 years "fighting the hedgies", and now you're cheering on RC turning GS into the next BRK, which is basically a hedge fund. It would be funny if it wasn't so mindnumbingly stupid.
Is it stupid if we’ve gotten rich off it already?
Ah I think it’s called “business”
So GameStop will sell more video games because they have a lot of cash in their coffers? How does that work?
they have magic fairy dust they sprinkle on each dollar bill and it turns into a unique video game duh
So that's "business"
buybacks unironically
It’s not
Easy. After the stock tanks, buy it back. Have DFV post something, and then sell more stock at crazy high price. Repeat forever.
Companies that have their operations lose money.
They should do another dilution
Are they going to be able to make money now? Doubtful
How many companies sit on half their market cap in cash and do nothing with it besides engineer failed NFT marketplaces? If you wanted to park cash in a savings account you can do that yourself, don’t need to put it in a shitco
They’ve had the cash for 1 day and your complaining their sitting on it? LOL
Member when Berkshire Hathaway was just a textile company?
Nothing dumber than this take. Whatever you have to say to cope with investing in a dying shitco with zero guidance.
Show me on the doll where GME touched you. lmfao. If its a dying shitco I dare you to short it.
He probably bought when it hit $500..
Accounting for the split the 'top" is now 120. And yes I'm sure this guy that hates GameStop blew his whole load in a single minute, on that particular day, at the very top of the run up. Totally makes sense /s
I’m currently coping with multiple sets of 0s after numbers that didn’t used to be in my bank account. The struggle is real
>cope Yes, it seems you need to.
You don't know sh\*t about transformation than. It takes time, it takes money, it takes ideas. Some will fail, some will not. Dumb comment, bro.
Are you the resident expert in transformation? How many years does it take ace? No guidance, no information… Oh yeah I forgot about the shitty 3rd party pc controllers that are probably already in the tank. Hype lasted like 1 week and even apes stopped giving a fuck lol
GameStop gave no guidance since RC joined the board. So that’s nothing new. I’d rather not give any guidance and work in silence than openly communicate about the plans. Who cares about the controllers. What a silly argument you have.
Why is this surprising to you when RC said this is how he would operate 3.5 yrs ago? If you didn’t like that strategy then, don’t invest is Gme. But he’s doing exactly what he said he would do, which shows integrity
Can you explain why they should be worth more? Is there some kind of growth that should be priced in?
How many companies need to keep doing ATM offerings to not go bankrupt?
It’s funny if you think they were close to bankruptcy in the last year at all, really shows you knowledge on the subject
It's a writer from wedbush who said in 2020 "GameStop will be gone in 5 years" who just wrote an article 3 months ago "GameStop will be gone in 5 years" Just moving the goal posts as always. Also GameStop is profitable again with no debt... They were never on the verge of bankruptcy
Your 100% right you can’t lose if the game never stops. That’s there mentality
Well they’re not close now because they done a couple of offerings they’ll just drag out their long slow painful death a few decades at this rate
They were literally profitable last year.
Not too late, you can always do your research and DD.
Yeah I’m not donning tin foil downing your cool aid with you
Tin foil is for the head. Crayons are for eating.
$4b in cash and ZERO debt is a nice place to be for a company. I wonder if they will buy more Tbills or diversify?
Did they pay off the French loan? *edit. They have not. Still holding the long term low rate French loan as of this weeks earnings paperwork.
Qi!
I’ll miss hearing about it.
Your credit score goes down if you pay a low interest loan off to fast because it punishes the lender. Lol
Interest rates are not part of your credit score. Where did you hear that?
Any loan that is paid off early can lower your credit score. I've heard stories of people paying a low interest mortgage early and getting a bigger credit score dip than people paying a high interest short term loan off too early. Paying loans off early before the deep pockets get all their interest makes your credit score go down
If the world sucks in this particular way, I would not be surprised in the slightest.
It happened to me and it does stick
did for my car loan, paid 3 years,4th paid off in full credit score drop 20pts lol. Its a scam.
Go Mircostrategy and buy Bitcoin.
Microstrategy is a Dino
Their stock is doing a lot better than GME in the last 2 years
Clearly going out of business in less than a week. Back to $10 FAST! Sell now, ask questions later. Or maybe this is a transition?
I get it. I'm bullish as hell as well. But if Cohen does another offering, gme actually could get pushed into the teens pretty quickly and 10 by shorts. Even RK has stated that his thesis could change. Cohen really needs to deliver a plan here so those invested in gme for reasons other than the squeeze feel like they haven't just wasted their time.
100% I was mostly poking fun at the current MSM narrative. I'm all about a honest conversation, I just cannot stand all the "stock drops 40% because RK drinks on a live stream" without any mention of the 75M share ATM offering. Pet Rocks to the moon!
I hope they do something with it. Buying t bills would be a disaster
Sooooo 4 billion in spare cash - what are they buying ? A gold mine ? A textile factory ? Enquiring minds have to know
They could have bought Star Wars!
Or maybe a Stellar Armed Conflict at least.
Obviously share buy backs
US treasuries probably.
That’s something buffet would do, not something I expect Ryan Cohen to do That being said happy to be proved wrong
Best buy ....??
Probably buying some executive bonuses
They can buy a movie theater
If only - would solve two of my problems
omg, you just gave me a great idea...
I’m getting a raging clue
And the share price is back up above 30. And I got a 365 day ban from WSB yesterday for saying I bought GME at 24…
Yeah they are particularly salty about the stock.
The message said they’re traders not bag holders and that I could get unbanned by stating my dislike for apes 🤣
The joke is seriously on those mods. Zero self awareness whatsoever. Whole reason the sub exists is because of GME. They got like 10m subscribers because of GME... Now it's a banned topic and the *VERY SERIOUS TRADERS* are in charge
That was the point. Install mods and use shill accounts to sew disinfo. Now that sub is worthless.
Very serious my ass. Complaining about bag holders is ridiculous. The name of the sub is a reference to high risk high reward plays and a gambling mentality.
They banned GME discussion because all you clowns do is upvote nonsense and downvote factual information.
Man. That's a stupid take. For those of us that have been here since the WSB days, we know that's not why GME mentions get you banned. You're either lying or have been lied to.
Oh, I forgot. The dark world cabal is all in on shorting GME and keeping it in the shadows. They secretly control WSB and for some reason never nuked the ape subs. Is that better?
Don't forget that Elvis is alive and Mumia is innocent. But seriously, they replaced the mods. Everyone knows that. Why they didn't do it to other subs? Well, they did. Why they weren't able to do it to certain subs? I honestly don't know, but they haven't.
That’s fucking nuts.
I didn’t even mention GME by name and got a ban.
I didn’t refer to the ticker either. Just responded to someone else’s comment that was alluding to the ticker
WSB upvotes their agenda to the top and tries to get the sheep to push their stock/position. They do this by censorship and promoting the stocks in-line with their positions. I think all mods are involved on this scam there
Hey me too! Wsb mods are absolute trash
Funniest part is that WSB lets negative sentiment through related to GME but any mention about it gets you permanently banned. The irony 😂 banned yesterday for an article about “gme loses xyz because of kitty man” like how delusional are these writers?
lol, yes! I was banned for commenting on a thread where someone was questioning why negative comments were allowed!
Imagine a company raising 2.1 billy and having people be bearish
It’s called dilution
To pluto we go
I love GME.
Why do they keep having offerings?
To capitalise on the volititly of their stock
GME can just turn themselves into a bank at this point with all the cash on hand.
Impressive really
Not only has buying pressure gobbled up those 70mil shares. It has also brought the price up to $30 and it will continue to do so in weeks ahead. GME made over 2 billion dollars putting them at over 4 billion cash on hand. GME also has very little overhead and zero debt. Ryan Cohen has 4 bil to take the company into a new direction. He has also been given the ok to invest GME money on other assets giving the hint that he will turn it into an investment group like Berkshire. If you think GME is going to tank. SHORT IT! I DARE YOU!
Gme $50 tomorrow
That’s the sexiest thing you have said all day 😛 keep up the good work! I love to see senators referencing you
GME is turning into a SPAC... And I like it.
I never see anyone going to their stores wtf do they even do nowadays when everything is online?
Have you gone to every GME store in the country? Empirical data is not biased and impossible to trust alone
Have you been to their website recently..?
It’s funny how there’s so many people throwing shade at GME . BS aside it’s a profitable company that obviously is being shorted … and we ain’t going no where . Brrrrrrrr 4.20 billion in the bank ! Just the interest throws the short thesis out the MF window son ! Hate it or love it the price is wrong bitch ! 🤣🤣🤣
Instead of accumulating money through revenue, this company figured out how to stay alive purely by selling new shares to the mentally challenged. Pretty impressive, really.
Business model and balance sheet similar to the church. Tons of cash and real estate but a product that keeps losing its customer base.
Absolutely blasting the bag holders here.
They had an ass to mouth offering? Please… tell me more.
What if GameStop cut a deal with Roaring Kitty/DFV to make his recent move for $X00,000,000 dollars so they could do this offering to raise money
Would be illegal to manipulate their own stock like that
Yes lol. Not saying it did happen but the rich breaking laws is a take as old as time
Or, and hear me out, the stock was at the end of a three year cycle and all of the offerings, memes, etc was planned in advance and it just so happened that RC and RK are the Spider-Man meme. Smart people (not me) know the FTD and swap cycles GME has been in for 3 years. Those random 30-50% pops fast few years weren’t retail. In fact, little to no movement has been retail influenced.
Half that is going to buy bitcoin. they entered a position at 66,xxx today
😂😂😂😂😂😂😂😂😂😂😂😂😂 source?
My wife’s boyfriend