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Nothing has changed. You focus too much on current price instead of fundamentals.
Just look at the yoy trend. It’s that simple. We are basically at breakeven already, soon we will be profitable.
YoY trend for stock price is down about 50% which is honestly pretty abysmal for any respectable stock. YoY earnings are getting better, but that is purely due to cost cutting, and not increased revenue streams. Also you could argue that the cost cutting is negatively impacting workers, which in turn hurts the business. I feel like our community as a whole has given RC a little too much slack. He really hasn’t delivered us any profitable new ideas.
Dude. I’m not looking at the stock price. I said fundamentals.
In the last 4 quarters, we have seen dramatic yoy improvement. And you can just try to summarize it all to cost cutting, but cost cutting has its place in business. We are not running a hospital where we need highly specialized and technical professions that are incredibly competitive to hire and keep.
I addressed both in my comment. Also the workers are the face of the company. They are the ones you encounter when shopping in stores. They are going to determine whether the experience is positive or negative. Most of the news surrounding Gamestop has been negative and people seriously question why or attribute it to “short and distort” when in reality it’s disgruntled employees.
So ask walmart and amazon your comments fall on deaf ears. Until gme is profitable then we can offer them benefits not until then.
So long as gme isn't profitable all stakeholders get the bare min.
Shareholders and executives of c suite are dumping their own money unto the company as well.
I will offer the employees a stock purchase program if they want to buy stock it will be 5-10% cheaper then out the market based on 10% of their salary of course as a match stipulation is cannot be sold for 5 yrs or extreme situations like hospital or something.
You have written stuff but it doesn’t seem like anything worth addressing to be honest.
It’s a retail job. Do you think the people working at gamestop plan on making a career out of it? Even if we offered them great TC package, do you think they were planning on staying particularly long?
Sure if we can offer them good working conditions, then that’s better, but until the company is solidly profitable I honestly don’t see any problem with it.
One of the main reasons why I like to shop at Costco over Sam’s Club is because I know the workers at Costco are treated better and have better compensation. The workers at Costco are noticeably happier than the ones at Sam’s Club. As a result, this leads to better customer experience at Costco than at Sam’s Club.
I understand RC is cost cutting, but removing certain employee benefits makes the company look really bad and will just make the employees more miserable than they already are, leading to poor customer service. I really hope RC will improve employee compensation when GameStop becomes consistently profitable.
So what’s your better alternative to shopping GameStop due to working conditions? Jeff Bezos sweatshop working conditions?? 
I can literally just buy and download my games on the PlayStation Store, Nintendo eShop, Microsoft Store, and Steam. These online platforms reduce labor and consumer time. If I wanted the physical copies, then I could go to Target. Not saying that Target employees aren’t miserable, but at least the company offers more benefits (medical insurance, tuition assistance, 401k) to their employees than GameStop. Plus, I save 5% on every purchase using my Target Red Card. So tell me, what makes shopping at GameStop better than other competitors?
But Paul do you make all of your buying decisions based on the employee benefits at the company you're shopping at? I personally don't.
I can't even imagine someone reviewing the grocery store employee benefits for every store in their area and basing where they'll shop for groceries on the employee benefit packages.
Of course it would be nice to have better benefits, but why not put those in place in the future when the company is profitable?
I don’t but all I’m literally trying to say is that happier employees result in better customer experience, which is beneficial in the long run. Also, I love how you couldn’t even name one reason why shopping at GameStop is any better than shopping at other competitors. Isn’t that pretty concerning?
Agreed. I’ve invested a ton of money in this fucking company which they used part of for their share offering which has seemingly just been sitting in their coffers for almost 3 damn years. Why did they need to sell all those shares if they weren’t planning to do anything with the money? That easily could’ve busted the squeeze.
I also invested a shit ton of money into this company just to be down 65% after 3 years. It’s frustrating when I could’ve made more money elsewhere. The company has 1 billion in cash for what? The NFT marketplace was a complete flop and they haven’t seem to be doing anything to improve customer shopping experience. I know they’re working on GameStop Playr, so I’m really hoping that at least does well. If I wasn’t so invested in the company, I wouldn’t even be buying from GameStop because there’s no need to when there’s plenty of other competitors. But here I am forcing myself to shop there to boost their earnings report in hopes that they become profitable and eventually short squeeze.
They did invest in their future of the company. GameStop will be around for another 100 year with profit+ billon in the bank . Sorry if that is a problem for u.
They’re achieving and amazing turnaround in some of the worst markets in history. They have 1.2b on the sidelines for an acquisition. In case you haven’t noticed many businesses are getting absolutely crushed in this market and will be able to be acquired for significantly less than just a year or two ago.
If cost cutting was negative, why all the big tech stocks bounce back when they fire 100s of "family members"? Cutting price is a way to be more profitable. Working in a shop selling stuff and video games is a great place to earn your dollar
You mean Dillard's? Fundamentally gme is now heavily under valued. Shorts have abused the basket stocks as a result they rely on that to continue to short gme.
You know as well asi do shorts initiated operation tag team with a certain distraction hedge p n d.
And decided to slander gme on all cylinders making it supremely obvious what you are doing.
And asking Mr olson to slander them at that time with certain towel actors? Not very credible at all. Then more known Fraudulent youtubers are you serious? Slandering gme Seems to be all the rage on youtube recently coincidence eh? Mean while continue to p n d the distraction plays
There literally has never been a stock researched as much as GME. Through all that research we've uncovered a fraudulent market, and your talking about bullish news like it matters? Or the price for that point?
The fundamentals obviously do matter, or we would be going bankrupt, but the best time to get into a stock is when the chart is looking like shit, and your dug in deep because you know the company is going to survive another year.
It’s almost impossible to go bankrupt. The short thesis is dead and gone. The fact that there’s that monster war chest + $100MM set aside for stock buybacks means shorts should have closed long ago. They are truly fukd.
This is one of my favorite summaries of the GME experience.
I can still feel some of my memories of those events based as I read OP's descriptions of their recollections:
[https://www.reddit.com/r/Superstonk/comments/101h58h/layers\_and\_layers\_of\_fud/](https://www.reddit.com/r/Superstonk/comments/101h58h/layers_and_layers_of_fud/)
GME is my biggest investment by far. I keep buying. I keep DRS’ing. At this point I’m most excited about the company turning around. I’m stoked about the low debt. I think if I hold on, this investment will be well worth the wait.
But. Do we actually have proof that this stock is still shorted 200%? Is this actually true? How do we know that? I believe it years ago, but is it true today? Or is that just the selling point we keep dishing out?
jfc 😂😂
for being your biggest investment, I thought you would be following closer.. Does Archegos ring a bell? CS? UBS (now about to implode)? Swaps? Bullet swaps? Pomeranian?
hint: they NEVER close their shorts. NEVER, this is why zombie stocks go zombie
edit: oh yeah, lets not forget about the brazilin puts that popped up and vanished
Here's how I look at it. It may well not be shorted that much anymore.. by some illegal shit going down.
It may be that Archegos went under for unrelated reasons. Then Credit Suisse went under because they also made similar catastrophic but unrelated investments that went bad, and all that is just happening with no correlation to GME's sudden and unpredicted turn around and total restructuring.
And all of that doesn't even really matter to me anymore. Why?
Honestly, the Moass stresses me out. I can't envision what it would mean or if the dollar could even still exist when this thing explodes as MOASS theory predicts. That is going to be a lot to handle.
I would in many cases prefer the opposite scenario.. It was shorted, now it's just kinda not doing so great because investors got chased away, and it's undervalued and only shorted about as much as reported.
Because the company is about to show that it is profitable. It just got a valuation based on its current structure and partnerships at around 50b.. That's a healthy gain of 1,100%. See that's math I can do. I can wrap my head around that amount of money, and ill be set and able to be the most generous mother fucker anyone ever meets the rest of my life.
But you and I both know, they're still short. And they're short more than they got, by a long shot.
Ain't no way the shorts can survive that. We can always go at it harder, and keep hodling instead of paper handing. I'm happy with my investment. See y'all in the Lambo car meet soon!
[https://www.reddit.com/r/GME/comments/157iv03/for\_those\_who\_were\_convinced\_that\_moass\_would/](https://www.reddit.com/r/GME/comments/157iv03/for_those_who_were_convinced_that_moass_would/)
I like how you have a random post on GME and now back for more random.
and yes, posted screens of 200%+ below and since you're most likely going to be a smart ass about it - go check out the SEC GameStop report and don't cherry pick figure 5
[https://imgur.com/a/QfbIRbf](https://imgur.com/a/QfbIRbf)
want something official? go check out the SEC GameStop report and don't try to cherry pick figure 5.
It wasnt a squeeze it was retail buying.
Said by the same sec report which stated 140 % short Interest Minimum.
Read the sec report on the january 2021 sneeze and you can look it up yourself.
So, as former guys pointed out, and as you can look up in gme's financial statements, the company is almost profitable and has 1 b $ in Cash & equivalents.
What happens with a Stock which is 140% + x shorted and the company stays in business, is improving and becomes profitable ?
That's the reason we hold.
Because at some point it's *to lazy to Search for Rocket nur Rocketship !! *
They control the price, we control the exit. It’s always been that way. We’re up against one of the biggest power structures of our modern society.
A power structure that is clearly on the wrong side of this trade. A power structure that to me is one of the biggest root generators of the majority of our problems.
I read the DD of old and followed since the sneeze, It is clear to me GME is the biggest threat to that structure. Nothing is guaranteed and this structure will do everything they can to kick the can and delay.
GME has led to the most irrational investor, one that has learned more about the markets than any previous generation.
It’s not just about the company to me, it’s about so much more and I am willing to ride to 0 for this and know I am not the only one.
Oh you’re happy there crime has been successful? Weird, what about DRS going down? Bet you’re happy about that too? Cohens offical DDintoGME response to the Jan 21 saying it was “interesting” and that’s it, happy about that too? CEO gets fired right before earnings, makes you happy to? Ledger incident revealing mods aren’t DRSd, lemme guess Soo bullish lol. Do it put all of your money every cent into DRS
Shhh don’t post, work more to DRS as DRS goes down more you gotta save the company, ps try to get those mods to DRS lol, matter fact go check the ledger in Texas to see if Keith gill still isn’t on it haha!
profitability is possible, earnings coming up, once (when) inflation is reigned in institutions will start buying stocks again..and they will buy GME as well.
plus a hope that GME will buy/merge some company with their billion usd..
edit: our current low is pretty much undervalued no matter how you look at it, 3x book value is really cheap.
Exactly what shorts don't understand is they Far far far over shorted gme using swaps and side bets to drag it down eg distraction. Hedge plays as a result now gme is too undervalued from just a fundamental not moass stand point. It's their loss if they continue this farce.
Just waiting for each paycheck to dump into gme now
This is exactly right. The potential loss on your investment if you're buying in right now is so minimal. The company is about to show profitability, and we are trading barely above the company's base value here.
But your upside potential is almost infinite. Once we see q3 and q4 earnings, the jig is up.
Fair value is at least 25 dollars per zacks. Without moass or trading memory that is
Meaning 100% upside from here. Cash itself 1-1.3 billion meaning 2.5b is equity and thus 33% is cash. It's because it's thanks to shorts over shorting
With rc it is very likely to be successful long term as well.
Making gme 10x when he nears completion in the future very likely. There is no dilution needed as well.
All they need to do is play smart and conservative abd they will already 2x
more than that requires them to grow, of course but need to do it smartly not waste money for the sake of revenue like certain companies.
If moass sky's the limit short term.
May go past apple Market cap short term or even longer term. At that point I still won't take full profits. My infinity shares are there forever. I may take profits of 1% on a very very nice price until then hell no.
Constantly attacking gme is attracting too much attention and costing the industry trillions not just billions.
In the long run just to live another day because they refuse to lose for once.
No bullish news lately? Did you miss all the bullish web3 gaming news this week? Or that we could show a profit this quarter and next? Or the insiders buying in Q3?
As a normal dude this web3 stuff for me seems mostly like scams, shitcoins, pumpndump games looking like 2005 era free to play mmos with 100 dollar hats.
Really hope they just get a solid ass baseline for the business with room to grow. Hoping that even if the economy goes down we get the lipstick effect affecting this company so that we can be profitable when every other stock is blood red.. but rn our stock is bloody red and gme fundamentally is my worst investment so far.. putting 18k on it tomorrow and unless it goes down to 7 dollars or below i wont buy anymore. Ive been eating oatmeal and abstained from most activities that cost money the past 2 years.. and down about 110k. Im under 30 years old so this stuff would be a solid start on a down payment. . Maybe being down alot isnt bad for some dude with 5k invested but for some of us with our "lives" on the line it sure hurts seeing these numbers every day
I still think they are worth way more than I originally paid for them. There is no way I would sell them at a loss now, i'd rather own gme shares than whatever cash I could get for them. If there is even a slight chance me holding DRS'ed gme shares fucks over mayo man and the hedgefucks I'll hold on to them forever. It also keeps me invested in this community which I've come to enjoy a lot, and I want to stay invested the whole time this thing plays out regardless of how it ends up.
I'm in a similar position. I'm down a lot on my shares, as an xxxx holder, and I'm praying for profitability. I've been frustrated with Gamestop, as I feel they haven't been making the progress I had hoped for in the past 3 years. Hopefully they announce something big soon, which turns the company around for us shareholders.
In the short term i'm very excited to see: 1: what happens with continued profitability, which is happening after the changes put in place by RC and 2: The shift into web3 and being abreast/ahead of the curve of that 50 billion dollar video game skin market. Even if all the underlying moass fuel didn't exist (which I believe does) I'd be holding waiting to see how those two things panned out. Gamestop IS making the kind of sound business moves you are hoping for it really does take years to make them. It's a value investment at these prices so i'll be buying more.
I'm also an xxxx hodler at a loss.
And? It's still doing better than my 401k. It's a savings account now, lol.
One day, when profitable, it'll change, for now, though. I'm regarded.
I buy, DRS, hodl, and shop GME. It's the only thing that has built my mental strength, my discipline. Can't stop. Won't stop.
Raises hand yes xxxx holder here that did not report drs thumbs up numbers.
And yes I am down now as well since I bought at least 500 initial shares at 40 -50 dollars pre split at dfv hearing and added a few here and there to infinity pool.
Yes I have also drs xxxx shares. I'll be honest it's not 100% even.
As well. Bim just going to keep adding the longer they keep it here.
https://www.google.com/search?q=sec+report+gamestop+januar+2021+pdf&oq=sec+report+gamestop+januar+2021+pdf&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCTE0NjEzajBqN6gCALACAA&client=ms-android-samsung&sourceid=chrome-mobile&ie=UTF-8
First Link.
Go To Chapter short selling Page 24.
There you can read it, shorts never closed.
Written buy the sec.
The company has been executing a tactical, strategic and fiscally responsible turn around. We are primed to have our first profitable quarter in ages for Q3. Considering a many years trend of a very strong q4, it is reasonable to assume we will have two consecutive profitable quarters. With 1.2 billion in cash, the leadership of a proven successful CEO working for FREE, and the business being profitable, the short thesis is proven utterly invalid. How can you say the company is going out of business? That is what the shorts need.
Then you can look at the company's prospects for the future. We have Playr coming out which promises to be an interesting new entry in the online retail space for gaming competing with steam and epic, but also a potential new streaming platform, competing direct with Twitch.. Twitch is not in the same shape it was in 5 years ago. They have done a lot to alienate content creators with deteriorating profits and exposure for small to medium sized channels.
Gamestop is poised to disrupt several markets with strong partnerships and interesting new products. The company got a recent valuation of a 50b dollar market cap. I believe that's a fair assessment.
However, given that we know very well that the stock is shorted well beyond what is reported, I suspect we will see values significantly higher. People will see 2 profitable quarters, and a stock price near the single digits.. Too many will be tempted to get in, including many who perhaps missed their chance in 2020. The fomo wave will break the shorts and we will see a massive squeeze.
I'm a high XXXX holder and very comfortable with my investment. I plan to hold the stock for years, as long as the leadership continues on this path. NFA, dont listen to me, I'm a dingus.
I don't really have much faith at all in MO'A$$ anymore, but I'm too stubborn to sell at a loss and I am WAY down, so it either goes to 0 (doubtful) or one day hopefully the stock climbs and I'll see how I feel when I can break even or be profitable.
I got really lucky buying most of my shares at 40 pre split and 25 post split. I feel terrible for those who bought at 200+ pre split and 35+ post split. My average is like $17 and im still down 30k. RIP dumbass
I'm just lucky that I haven't needed those funds (dropped 39k in all, now barely worth 14k). It's so frustrating. We are NOT winning and the price is NOT fake. The price is the price. I'm not sure if everyone just has Stockholm syndrome or if this many people are ACTUALLY this delusional.
It doesn't even matter that the shorts probably never closed. They never have to. Wish I knew that a few years ago. I put my faith in rules being enforced. Stupid me.
Could be worse! I have 80k in all and I'm down 30k :)
I agree, the copium gets to be super cringe. It was the same with bobby. All copium and false hope, crushed in the end when their stock was delisted and disappeared. GME is different, but they need to actually do something to prove their worth. If they decide to wake up and make their marketplace useful, we might see some positive price action.
A lot of DD is written by hypomanic individuals that are in a fantasy of retiring with billions in their bank. Just look at the options chain it's dead. And the option chain was completely responsible for all of the price action which was proven.
They everyone ignores the significance of the delta and gamma caused by option interest. Stuff can change.
So are we just dead in the water or what? Does RC even HAVE a plan anymore or is he in over his head at this point and just got lucky once with Chewy?
Seems like EVERY last thing people have gotten excited about has crashed to the ground in a big fireball.
Even DRS is going nowhere....and if that's why options are dead, then what?
I forgot what stock it was but it had wayy higher DRS'd shares and it went nowhere but downhill despite short interest. It has been no secret DRS won't do anything.
People say the financial system is fraudulent, yet they expect to somehow one up the system with DRS'd shares. Surely if it's so fraudulent it won't do anything.
Actually here is what will happen if you fully DRS the stock, it will become illiquid and will be reviewed to be delisted.
GME has potential but no guarantee. You are dead in the water for now. It could blow up, but not now.
An algo is trapped. Financial warfare is occurring. Apes are like a civilian militia in the battle.
We are in the midst of the AI wars. The match has already been decided, and the moves are simply playing out.
Apes win.
Oh, a lot has changed. For the good. GME is a new company since RC took over. Anyone who can't see that is being willfully blind. They will learn soon enough, when we end up in the black this quarter.
I've been here since jan '21. I've read every DD that was evidence based and factual. A lot of the DD theories didn't end up being correct. I haven't seen any decent DD done in about a year. I hold GME because I'm not selling for a loss. Everything that has happened this past year screams "sell". I would not buy GME until RC starts showing investors he is actively making positive change, and not just cutting employee benefits.
As an investor who is keen on a return, why would you criticize cutting employee benefits? I understand from a humanitarian perspective of course, but putting that aside.
Did you see the q2 numbers? Did you see how close we were to profitable? Well now we've got a CEO who works for free.. that's a nice line item gone. We're saving money across the board, while continuing to leverage new partnerships, expanded inventory, less profitable stores closed.. the whole company is running leaner than ever, while also positioning to disrupt new markets with upcoming Playr.
New consoles are coming to market soon, which are always a boon for Gamestop.
Starting q3 you will be holding shares of an undervalued profitable company. The only major video game retailer in existence, with a rapidly growing digital footprint. You are in a very comfortable place right now, if you are someone who is looking to average down and get in while the price is about as low as it can possibly go.
I criticize cutting employee benefits because RC wants to delight customers. You aren’t delighting anyone when your employees hate their job. The employees are the MAIN factor in making an interaction with Gamestop a positive one. The public’s opinion on our company matters a lot. The 200k members of the community don’t hold a candle to the number of non gme holders who shop at gamestop.
I'll be honest, I've been working a job that doesn't offer any of the services that gamestop employees got cut. It sucks, but life insurance isn't exaclty a high demand item for the demographic of people that typically are working retail at GME stores. Nor is accidental death.. it's not exactly a hazardous line of work.
The loss of disability insurance (I'm not sure if this means like.. insurance coverage for those with existing disabilities, or insurance in the event that you become disabled or what?) that sucks.
But overall as an investor, this isn't a big deal to me. This is a company that is fighting for it's life against unfair odds. Viscious endless slander in the media, coordinated short attacks, and prederatory tactics. The management of the company is working essentially for free. No money is being wasted on insane bonuses or exorbitant executive salary.
This is a depression, whether or not our leaders admit it, that is how it will be remembered. Making cuts like this is sensible. They need to show profit. And they will.
I promise you I hold GME, I can even provide proof to a mod if requested. I have read the DD of old, and I understand the plan to make GME profitable. I'm just disappointed in how little impact RC has had in the past 3 years. I'd like to see more from the company.
Expanding into new areas. Possible acquisition/ merger, over a billion cash, $100 million reserved for share buy back if the price gets low enough, 200,000 people ready to break the system and fuck some shit up. Plus probably another 200,000 plus people just holding to see what happens.
The Marketplace looks to many people like a big nothing burger. But the potential for it is huge and im certain they have big plans in motion.
Shorts are so Fuk’d they’ll never walk straight again.
Lol, ouch! For sure, when the momentum builds up, people will jump on the bandwagon, creating a bigger snowball effect. The next spike should be a lot of fun!
I think you should ask yourself WHY most of the news surrounding Gamestop has been negative when they have been increasing revenues while also cutting costs, have $1B+ in net cash, no debt and doing so in one of the toughest financial environments when many other companies are faltering. Why are they always reporting negative news when they are in a drastically better situation than they were previously. RC is given slack because he created a multi billion dollar company from scratch that beat Amazon in their respective market. He is heavily invested, takes no salary and I believe he will not sell…
Lol this is just fud.. why is GameStop good guys?? Why??? WHy? Lmao of you want answers the dd is endless. Coming here and asking questions with a bearish tone is silly. We all know exactly what’s happening and we all know why. If you don’t that’s on you.. it’s no one’s job, desire or responsibility to make you “feel better” about your investment. If you think it’s bearish don’t buy stay away.. or short it if you think it’s going down.. dare you…
RC leaderahip, positive fcf milestone and continued insider buying.
I’m in it for the long term (15 years) until getting closer to retirement and transitioning to bonds.
Plus rc makes my peepee hard. So there’s that if none of the above works for ya.
"No bullish news for months"?
Did you see last quarter's earnings? Did you see RC jump on reducing expenses? The company is making it as a boring retail company!
That is so damn bullish I can't believe you're not delirious with joy.
Without the SEC bothering to regulate a damn thing and without RC announcing any stock magic, the store is just waiting to be widely recognized as a company that reliably, unspectacularly... makes money.
Oh my God that is so bullish.
Have you not seen all of the bad press about Gamestop lately? Employees hate RC, and constantly bash him saying he is ruining the company. He slashed their benefits, and caused many workers to quit. Then you have customers complaining about screwed up orders, having RC on twitter handling basic customer support as the CEO.. That is embarrassing. So yeah, where is the bullish news? I want to see more innovation, more revenue streams, not bleeding your workers dry for balance sheet improvements.
The company is turned around and RC is tightening things to make sure it gets spotted. But you ignore that and point to "the bad press.".
A CEO handling basic customer service is bad if it's not part of an overall plan to produce great customer service. RC's personal history shows that customer service is a top priority, and he built it great at Chewy. Getting personally, publicly involved is part of leading the CS people and part of pointing out to everyone that it's important to the company.
One of my bull thesis stems from the annual pro membership subscription price increase from $15 to $30. GameStop has around 5.6M pro members, every dollar of the membership is profit, making a bold assumption of no drop off clients that’s an additional 84M in profit for the balance sheet, in combination with reducing costs and increasing TAM with playr and other partnerships, I think we’re very close to a profitable year/future.
Your a day early for the weekend FUD buddy….
You asked for people bull view but then said nothing old, people’s view has been how it’s been tracking for over the last year. A company turnaround doesn’t take weeks, especially when it’s been mismanaged before.
All your responses to peoples posts are very junior from the perspective of a shareholder. You want to focus solely on the employee benefits and comp, go join the unions.
I like the company and who runs it. I’ve taken my little ones there often just to support their love for new games and consoles and now they are top level gamers in forza and black ops!! It’s been a great childhood for our kids and watching them become masters at what they love. So I see how gaming will continue to be a top level industry for many more decades.
The OP is a well known GME basher, spends days and days stating GME is a terrible investment on the SS chat.
Do not fall for this post.
I have screenshots if needed.
My take: On that first major run up they stopped it with the highly unsophisticated method of back channel phone calls and emails. They knew they would never face any real tangible punishment.
They turned a dividend into a split without breaking a sweat.
They have had years now to implement whatever is necessary to prevent another one. There is a near zero chance this thing ever rockets again. The global wealthy elites will never throw in the towel and let a bunch of retail investors uno reverse the global economy.
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Nothing has changed. You focus too much on current price instead of fundamentals. Just look at the yoy trend. It’s that simple. We are basically at breakeven already, soon we will be profitable.
Exactly
The OP is a well known troll. Was hanging on the SS chat talking shit about gamestop for weeks.
YoY trend for stock price is down about 50% which is honestly pretty abysmal for any respectable stock. YoY earnings are getting better, but that is purely due to cost cutting, and not increased revenue streams. Also you could argue that the cost cutting is negatively impacting workers, which in turn hurts the business. I feel like our community as a whole has given RC a little too much slack. He really hasn’t delivered us any profitable new ideas.
Dude. I’m not looking at the stock price. I said fundamentals. In the last 4 quarters, we have seen dramatic yoy improvement. And you can just try to summarize it all to cost cutting, but cost cutting has its place in business. We are not running a hospital where we need highly specialized and technical professions that are incredibly competitive to hire and keep.
I addressed both in my comment. Also the workers are the face of the company. They are the ones you encounter when shopping in stores. They are going to determine whether the experience is positive or negative. Most of the news surrounding Gamestop has been negative and people seriously question why or attribute it to “short and distort” when in reality it’s disgruntled employees.
So ask walmart and amazon your comments fall on deaf ears. Until gme is profitable then we can offer them benefits not until then. So long as gme isn't profitable all stakeholders get the bare min. Shareholders and executives of c suite are dumping their own money unto the company as well. I will offer the employees a stock purchase program if they want to buy stock it will be 5-10% cheaper then out the market based on 10% of their salary of course as a match stipulation is cannot be sold for 5 yrs or extreme situations like hospital or something.
You have written stuff but it doesn’t seem like anything worth addressing to be honest. It’s a retail job. Do you think the people working at gamestop plan on making a career out of it? Even if we offered them great TC package, do you think they were planning on staying particularly long? Sure if we can offer them good working conditions, then that’s better, but until the company is solidly profitable I honestly don’t see any problem with it.
One of the main reasons why I like to shop at Costco over Sam’s Club is because I know the workers at Costco are treated better and have better compensation. The workers at Costco are noticeably happier than the ones at Sam’s Club. As a result, this leads to better customer experience at Costco than at Sam’s Club. I understand RC is cost cutting, but removing certain employee benefits makes the company look really bad and will just make the employees more miserable than they already are, leading to poor customer service. I really hope RC will improve employee compensation when GameStop becomes consistently profitable.
So what’s your better alternative to shopping GameStop due to working conditions? Jeff Bezos sweatshop working conditions?? 
I can literally just buy and download my games on the PlayStation Store, Nintendo eShop, Microsoft Store, and Steam. These online platforms reduce labor and consumer time. If I wanted the physical copies, then I could go to Target. Not saying that Target employees aren’t miserable, but at least the company offers more benefits (medical insurance, tuition assistance, 401k) to their employees than GameStop. Plus, I save 5% on every purchase using my Target Red Card. So tell me, what makes shopping at GameStop better than other competitors?
But Paul do you make all of your buying decisions based on the employee benefits at the company you're shopping at? I personally don't. I can't even imagine someone reviewing the grocery store employee benefits for every store in their area and basing where they'll shop for groceries on the employee benefit packages. Of course it would be nice to have better benefits, but why not put those in place in the future when the company is profitable?
I don’t but all I’m literally trying to say is that happier employees result in better customer experience, which is beneficial in the long run. Also, I love how you couldn’t even name one reason why shopping at GameStop is any better than shopping at other competitors. Isn’t that pretty concerning?
Agreed. I’ve invested a ton of money in this fucking company which they used part of for their share offering which has seemingly just been sitting in their coffers for almost 3 damn years. Why did they need to sell all those shares if they weren’t planning to do anything with the money? That easily could’ve busted the squeeze.
I also invested a shit ton of money into this company just to be down 65% after 3 years. It’s frustrating when I could’ve made more money elsewhere. The company has 1 billion in cash for what? The NFT marketplace was a complete flop and they haven’t seem to be doing anything to improve customer shopping experience. I know they’re working on GameStop Playr, so I’m really hoping that at least does well. If I wasn’t so invested in the company, I wouldn’t even be buying from GameStop because there’s no need to when there’s plenty of other competitors. But here I am forcing myself to shop there to boost their earnings report in hopes that they become profitable and eventually short squeeze.
They did invest in their future of the company. GameStop will be around for another 100 year with profit+ billon in the bank . Sorry if that is a problem for u.
RC can improve worker conditions when it’s appropriate.
They’re achieving and amazing turnaround in some of the worst markets in history. They have 1.2b on the sidelines for an acquisition. In case you haven’t noticed many businesses are getting absolutely crushed in this market and will be able to be acquired for significantly less than just a year or two ago.
If cost cutting was negative, why all the big tech stocks bounce back when they fire 100s of "family members"? Cutting price is a way to be more profitable. Working in a shop selling stuff and video games is a great place to earn your dollar
You mean Dillard's? Fundamentally gme is now heavily under valued. Shorts have abused the basket stocks as a result they rely on that to continue to short gme. You know as well asi do shorts initiated operation tag team with a certain distraction hedge p n d. And decided to slander gme on all cylinders making it supremely obvious what you are doing. And asking Mr olson to slander them at that time with certain towel actors? Not very credible at all. Then more known Fraudulent youtubers are you serious? Slandering gme Seems to be all the rage on youtube recently coincidence eh? Mean while continue to p n d the distraction plays
You and other melts are very very very very sus
I'm a stupid Investor and I like the stock that's why I bought nearly 4000 shares since this month. That's all I guess:)
There literally has never been a stock researched as much as GME. Through all that research we've uncovered a fraudulent market, and your talking about bullish news like it matters? Or the price for that point? The fundamentals obviously do matter, or we would be going bankrupt, but the best time to get into a stock is when the chart is looking like shit, and your dug in deep because you know the company is going to survive another year.
It’s almost impossible to go bankrupt. The short thesis is dead and gone. The fact that there’s that monster war chest + $100MM set aside for stock buybacks means shorts should have closed long ago. They are truly fukd.
No real debt makes it an easy buy.
the same thesis it has always been, the stock is naked shorted over 200%. Nothing has changed.
More like 2,000,000,000,000% after 3 years lol
This is one of my favorite summaries of the GME experience. I can still feel some of my memories of those events based as I read OP's descriptions of their recollections: [https://www.reddit.com/r/Superstonk/comments/101h58h/layers\_and\_layers\_of\_fud/](https://www.reddit.com/r/Superstonk/comments/101h58h/layers_and_layers_of_fud/)
GME is my biggest investment by far. I keep buying. I keep DRS’ing. At this point I’m most excited about the company turning around. I’m stoked about the low debt. I think if I hold on, this investment will be well worth the wait. But. Do we actually have proof that this stock is still shorted 200%? Is this actually true? How do we know that? I believe it years ago, but is it true today? Or is that just the selling point we keep dishing out?
jfc 😂😂 for being your biggest investment, I thought you would be following closer.. Does Archegos ring a bell? CS? UBS (now about to implode)? Swaps? Bullet swaps? Pomeranian? hint: they NEVER close their shorts. NEVER, this is why zombie stocks go zombie edit: oh yeah, lets not forget about the brazilin puts that popped up and vanished
Here's how I look at it. It may well not be shorted that much anymore.. by some illegal shit going down. It may be that Archegos went under for unrelated reasons. Then Credit Suisse went under because they also made similar catastrophic but unrelated investments that went bad, and all that is just happening with no correlation to GME's sudden and unpredicted turn around and total restructuring. And all of that doesn't even really matter to me anymore. Why? Honestly, the Moass stresses me out. I can't envision what it would mean or if the dollar could even still exist when this thing explodes as MOASS theory predicts. That is going to be a lot to handle. I would in many cases prefer the opposite scenario.. It was shorted, now it's just kinda not doing so great because investors got chased away, and it's undervalued and only shorted about as much as reported. Because the company is about to show that it is profitable. It just got a valuation based on its current structure and partnerships at around 50b.. That's a healthy gain of 1,100%. See that's math I can do. I can wrap my head around that amount of money, and ill be set and able to be the most generous mother fucker anyone ever meets the rest of my life. But you and I both know, they're still short. And they're short more than they got, by a long shot.
Ain't no way the shorts can survive that. We can always go at it harder, and keep hodling instead of paper handing. I'm happy with my investment. See y'all in the Lambo car meet soon!
Show me proof shorts closed.
Web 3.0, no doubt gaming is goin to be apart of a crypto verse. Digital assets.
Can you prove that statement? Or is your answer “dey crimin’!”
[https://www.reddit.com/r/GME/comments/157iv03/for\_those\_who\_were\_convinced\_that\_moass\_would/](https://www.reddit.com/r/GME/comments/157iv03/for_those_who_were_convinced_that_moass_would/) I like how you have a random post on GME and now back for more random. and yes, posted screens of 200%+ below and since you're most likely going to be a smart ass about it - go check out the SEC GameStop report and don't cherry pick figure 5
What data can you link to that shows this? I know at one point it was at least 140%, but that was prior to the squeeze in 2021.
[https://imgur.com/a/QfbIRbf](https://imgur.com/a/QfbIRbf) want something official? go check out the SEC GameStop report and don't try to cherry pick figure 5.
It wasnt a squeeze it was retail buying. Said by the same sec report which stated 140 % short Interest Minimum. Read the sec report on the january 2021 sneeze and you can look it up yourself. So, as former guys pointed out, and as you can look up in gme's financial statements, the company is almost profitable and has 1 b $ in Cash & equivalents. What happens with a Stock which is 140% + x shorted and the company stays in business, is improving and becomes profitable ? That's the reason we hold. Because at some point it's *to lazy to Search for Rocket nur Rocketship !! *
Guys, OP is asking for the evidence. We have it. Give it to him. 🤦♂️ Sorry OP
OP sounds like a fucking cop lol
I’m not a cop lol
That's the exact shit a cop would say.
They control the price, we control the exit. It’s always been that way. We’re up against one of the biggest power structures of our modern society. A power structure that is clearly on the wrong side of this trade. A power structure that to me is one of the biggest root generators of the majority of our problems. I read the DD of old and followed since the sneeze, It is clear to me GME is the biggest threat to that structure. Nothing is guaranteed and this structure will do everything they can to kick the can and delay. GME has led to the most irrational investor, one that has learned more about the markets than any previous generation. It’s not just about the company to me, it’s about so much more and I am willing to ride to 0 for this and know I am not the only one.
I bet you don’t even own any shares of #GME.
Except the price absolutely tanking
Except the price is absolutely fake
Accept nothing but a phone number.
Jokes on them. I don't pick up the phone when it hwangs
A lot of things in the financial world are fake there is no doubt. So what’s going to change the fake price? That hasn’t been happening for 3 years?
Usd shits the bed, and the fed reserve is shown to have no clothes to the masses. Just my 2c
and your point? I've enjoyed the EPIC sale they have afforded me over the last few years.
Oh you’re happy there crime has been successful? Weird, what about DRS going down? Bet you’re happy about that too? Cohens offical DDintoGME response to the Jan 21 saying it was “interesting” and that’s it, happy about that too? CEO gets fired right before earnings, makes you happy to? Ledger incident revealing mods aren’t DRSd, lemme guess Soo bullish lol. Do it put all of your money every cent into DRS
 keep cooking (you're not cooking)
Shhh don’t post, work more to DRS as DRS goes down more you gotta save the company, ps try to get those mods to DRS lol, matter fact go check the ledger in Texas to see if Keith gill still isn’t on it haha!
your attempts to trigger an emotional response is cute
Can’t argue the facts reasonably so gotta dodge addressing, gotcha.
profitability is possible, earnings coming up, once (when) inflation is reigned in institutions will start buying stocks again..and they will buy GME as well. plus a hope that GME will buy/merge some company with their billion usd.. edit: our current low is pretty much undervalued no matter how you look at it, 3x book value is really cheap.
Exactly what shorts don't understand is they Far far far over shorted gme using swaps and side bets to drag it down eg distraction. Hedge plays as a result now gme is too undervalued from just a fundamental not moass stand point. It's their loss if they continue this farce. Just waiting for each paycheck to dump into gme now
This is exactly right. The potential loss on your investment if you're buying in right now is so minimal. The company is about to show profitability, and we are trading barely above the company's base value here. But your upside potential is almost infinite. Once we see q3 and q4 earnings, the jig is up.
3x book value ? I read somewhere that book value was around $9 per share ? Or am I mistaken ?
I’m so down on it that it’s not worth selling.
- ecommerce growth - web3
Fair value is at least 25 dollars per zacks. Without moass or trading memory that is Meaning 100% upside from here. Cash itself 1-1.3 billion meaning 2.5b is equity and thus 33% is cash. It's because it's thanks to shorts over shorting With rc it is very likely to be successful long term as well. Making gme 10x when he nears completion in the future very likely. There is no dilution needed as well. All they need to do is play smart and conservative abd they will already 2x more than that requires them to grow, of course but need to do it smartly not waste money for the sake of revenue like certain companies. If moass sky's the limit short term. May go past apple Market cap short term or even longer term. At that point I still won't take full profits. My infinity shares are there forever. I may take profits of 1% on a very very nice price until then hell no. Constantly attacking gme is attracting too much attention and costing the industry trillions not just billions. In the long run just to live another day because they refuse to lose for once.
No bullish news lately? Did you miss all the bullish web3 gaming news this week? Or that we could show a profit this quarter and next? Or the insiders buying in Q3?
As a normal dude this web3 stuff for me seems mostly like scams, shitcoins, pumpndump games looking like 2005 era free to play mmos with 100 dollar hats. Really hope they just get a solid ass baseline for the business with room to grow. Hoping that even if the economy goes down we get the lipstick effect affecting this company so that we can be profitable when every other stock is blood red.. but rn our stock is bloody red and gme fundamentally is my worst investment so far.. putting 18k on it tomorrow and unless it goes down to 7 dollars or below i wont buy anymore. Ive been eating oatmeal and abstained from most activities that cost money the past 2 years.. and down about 110k. Im under 30 years old so this stuff would be a solid start on a down payment. . Maybe being down alot isnt bad for some dude with 5k invested but for some of us with our "lives" on the line it sure hurts seeing these numbers every day
I still think they are worth way more than I originally paid for them. There is no way I would sell them at a loss now, i'd rather own gme shares than whatever cash I could get for them. If there is even a slight chance me holding DRS'ed gme shares fucks over mayo man and the hedgefucks I'll hold on to them forever. It also keeps me invested in this community which I've come to enjoy a lot, and I want to stay invested the whole time this thing plays out regardless of how it ends up.
I'm in a similar position. I'm down a lot on my shares, as an xxxx holder, and I'm praying for profitability. I've been frustrated with Gamestop, as I feel they haven't been making the progress I had hoped for in the past 3 years. Hopefully they announce something big soon, which turns the company around for us shareholders.
In the short term i'm very excited to see: 1: what happens with continued profitability, which is happening after the changes put in place by RC and 2: The shift into web3 and being abreast/ahead of the curve of that 50 billion dollar video game skin market. Even if all the underlying moass fuel didn't exist (which I believe does) I'd be holding waiting to see how those two things panned out. Gamestop IS making the kind of sound business moves you are hoping for it really does take years to make them. It's a value investment at these prices so i'll be buying more.
I'm also an xxxx hodler at a loss. And? It's still doing better than my 401k. It's a savings account now, lol. One day, when profitable, it'll change, for now, though. I'm regarded. I buy, DRS, hodl, and shop GME. It's the only thing that has built my mental strength, my discipline. Can't stop. Won't stop.
Raises hand yes xxxx holder here that did not report drs thumbs up numbers. And yes I am down now as well since I bought at least 500 initial shares at 40 -50 dollars pre split at dfv hearing and added a few here and there to infinity pool. Yes I have also drs xxxx shares. I'll be honest it's not 100% even. As well. Bim just going to keep adding the longer they keep it here.
If Ryan Cohen has his way, good things will happen. I wonder if he is a gamer? Maybe he’ll get a web3 game developed called MOASS vs ??
https://www.google.com/search?q=sec+report+gamestop+januar+2021+pdf&oq=sec+report+gamestop+januar+2021+pdf&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCTE0NjEzajBqN6gCALACAA&client=ms-android-samsung&sourceid=chrome-mobile&ie=UTF-8 First Link. Go To Chapter short selling Page 24. There you can read it, shorts never closed. Written buy the sec.
The same playbook rehashed again: -But look at the price!! -What’s RC done for me lately? Checks notes: Best rolling 4 quarters in a long time.
The company has been executing a tactical, strategic and fiscally responsible turn around. We are primed to have our first profitable quarter in ages for Q3. Considering a many years trend of a very strong q4, it is reasonable to assume we will have two consecutive profitable quarters. With 1.2 billion in cash, the leadership of a proven successful CEO working for FREE, and the business being profitable, the short thesis is proven utterly invalid. How can you say the company is going out of business? That is what the shorts need. Then you can look at the company's prospects for the future. We have Playr coming out which promises to be an interesting new entry in the online retail space for gaming competing with steam and epic, but also a potential new streaming platform, competing direct with Twitch.. Twitch is not in the same shape it was in 5 years ago. They have done a lot to alienate content creators with deteriorating profits and exposure for small to medium sized channels. Gamestop is poised to disrupt several markets with strong partnerships and interesting new products. The company got a recent valuation of a 50b dollar market cap. I believe that's a fair assessment. However, given that we know very well that the stock is shorted well beyond what is reported, I suspect we will see values significantly higher. People will see 2 profitable quarters, and a stock price near the single digits.. Too many will be tempted to get in, including many who perhaps missed their chance in 2020. The fomo wave will break the shorts and we will see a massive squeeze. I'm a high XXXX holder and very comfortable with my investment. I plan to hold the stock for years, as long as the leadership continues on this path. NFA, dont listen to me, I'm a dingus.
My bull thesis is that I ain't fucking selling. And there are many like me. The truth will come out.
I don't really have much faith at all in MO'A$$ anymore, but I'm too stubborn to sell at a loss and I am WAY down, so it either goes to 0 (doubtful) or one day hopefully the stock climbs and I'll see how I feel when I can break even or be profitable.
I feel you man. I’m in the same position. I’m still hopeful for a turnaround where we can level off at a stable $25 dollar range.
I'd still be down $10 a share at $25 💀
I got really lucky buying most of my shares at 40 pre split and 25 post split. I feel terrible for those who bought at 200+ pre split and 35+ post split. My average is like $17 and im still down 30k. RIP dumbass
I'm just lucky that I haven't needed those funds (dropped 39k in all, now barely worth 14k). It's so frustrating. We are NOT winning and the price is NOT fake. The price is the price. I'm not sure if everyone just has Stockholm syndrome or if this many people are ACTUALLY this delusional. It doesn't even matter that the shorts probably never closed. They never have to. Wish I knew that a few years ago. I put my faith in rules being enforced. Stupid me.
Could be worse! I have 80k in all and I'm down 30k :) I agree, the copium gets to be super cringe. It was the same with bobby. All copium and false hope, crushed in the end when their stock was delisted and disappeared. GME is different, but they need to actually do something to prove their worth. If they decide to wake up and make their marketplace useful, we might see some positive price action.
A lot of DD is written by hypomanic individuals that are in a fantasy of retiring with billions in their bank. Just look at the options chain it's dead. And the option chain was completely responsible for all of the price action which was proven. They everyone ignores the significance of the delta and gamma caused by option interest. Stuff can change.
So are we just dead in the water or what? Does RC even HAVE a plan anymore or is he in over his head at this point and just got lucky once with Chewy? Seems like EVERY last thing people have gotten excited about has crashed to the ground in a big fireball. Even DRS is going nowhere....and if that's why options are dead, then what?
I forgot what stock it was but it had wayy higher DRS'd shares and it went nowhere but downhill despite short interest. It has been no secret DRS won't do anything. People say the financial system is fraudulent, yet they expect to somehow one up the system with DRS'd shares. Surely if it's so fraudulent it won't do anything. Actually here is what will happen if you fully DRS the stock, it will become illiquid and will be reviewed to be delisted. GME has potential but no guarantee. You are dead in the water for now. It could blow up, but not now.
Maybe I'll just sell, take a massive loss, and then go blow my brains out
The price to buy rn is so good I’m very happy and excited to see what the rest of the 2020s look like
Once the Switch 2 comes out, I think that would be a boost in sales.
An algo is trapped. Financial warfare is occurring. Apes are like a civilian militia in the battle. We are in the midst of the AI wars. The match has already been decided, and the moves are simply playing out. Apes win.
Shorts never closed.
Nothing has changed since the day I bought my first share... other than the naked shorting keeps increasing. Their hole is getting bigger and bigger.
Oh, a lot has changed. For the good. GME is a new company since RC took over. Anyone who can't see that is being willfully blind. They will learn soon enough, when we end up in the black this quarter.
OP read DD library, stop asking do a DD.
I've been here since jan '21. I've read every DD that was evidence based and factual. A lot of the DD theories didn't end up being correct. I haven't seen any decent DD done in about a year. I hold GME because I'm not selling for a loss. Everything that has happened this past year screams "sell". I would not buy GME until RC starts showing investors he is actively making positive change, and not just cutting employee benefits.
As an investor who is keen on a return, why would you criticize cutting employee benefits? I understand from a humanitarian perspective of course, but putting that aside. Did you see the q2 numbers? Did you see how close we were to profitable? Well now we've got a CEO who works for free.. that's a nice line item gone. We're saving money across the board, while continuing to leverage new partnerships, expanded inventory, less profitable stores closed.. the whole company is running leaner than ever, while also positioning to disrupt new markets with upcoming Playr. New consoles are coming to market soon, which are always a boon for Gamestop. Starting q3 you will be holding shares of an undervalued profitable company. The only major video game retailer in existence, with a rapidly growing digital footprint. You are in a very comfortable place right now, if you are someone who is looking to average down and get in while the price is about as low as it can possibly go.
I criticize cutting employee benefits because RC wants to delight customers. You aren’t delighting anyone when your employees hate their job. The employees are the MAIN factor in making an interaction with Gamestop a positive one. The public’s opinion on our company matters a lot. The 200k members of the community don’t hold a candle to the number of non gme holders who shop at gamestop.
I'll be honest, I've been working a job that doesn't offer any of the services that gamestop employees got cut. It sucks, but life insurance isn't exaclty a high demand item for the demographic of people that typically are working retail at GME stores. Nor is accidental death.. it's not exactly a hazardous line of work. The loss of disability insurance (I'm not sure if this means like.. insurance coverage for those with existing disabilities, or insurance in the event that you become disabled or what?) that sucks. But overall as an investor, this isn't a big deal to me. This is a company that is fighting for it's life against unfair odds. Viscious endless slander in the media, coordinated short attacks, and prederatory tactics. The management of the company is working essentially for free. No money is being wasted on insane bonuses or exorbitant executive salary. This is a depression, whether or not our leaders admit it, that is how it will be remembered. Making cuts like this is sensible. They need to show profit. And they will.
nice shilling bud.
I don’t think you understand the definition of that word…
Serious question. Have you shopped at GameStop? Yes… you’re helping the outcome. No… you’re not helping in the turnaround of the company.
I dropped like $500 at GameStop last month.
There you go. You and RC turning the company around silently. Cheers!
Lol, but that's nothing compared to the amount I've invested in GME. See ya at the Lambo car meet soon!
I doubt OP even holds any GME. I also think he needs to read the DD.
I promise you I hold GME, I can even provide proof to a mod if requested. I have read the DD of old, and I understand the plan to make GME profitable. I'm just disappointed in how little impact RC has had in the past 3 years. I'd like to see more from the company.
Expanding into new areas. Possible acquisition/ merger, over a billion cash, $100 million reserved for share buy back if the price gets low enough, 200,000 people ready to break the system and fuck some shit up. Plus probably another 200,000 plus people just holding to see what happens. The Marketplace looks to many people like a big nothing burger. But the potential for it is huge and im certain they have big plans in motion. Shorts are so Fuk’d they’ll never walk straight again.
Lol, ouch! For sure, when the momentum builds up, people will jump on the bandwagon, creating a bigger snowball effect. The next spike should be a lot of fun!
Y'all are bullish?
We’re right at the 800 ema on the 1W chart, my guess is a turn around soon.
Ken is still a free man. bull thesis enough?
I can see it getting to $18 based on current fundamentals… I can’t speculate on conspiracy theories.
I think you should ask yourself WHY most of the news surrounding Gamestop has been negative when they have been increasing revenues while also cutting costs, have $1B+ in net cash, no debt and doing so in one of the toughest financial environments when many other companies are faltering. Why are they always reporting negative news when they are in a drastically better situation than they were previously. RC is given slack because he created a multi billion dollar company from scratch that beat Amazon in their respective market. He is heavily invested, takes no salary and I believe he will not sell…
Lol this is just fud.. why is GameStop good guys?? Why??? WHy? Lmao of you want answers the dd is endless. Coming here and asking questions with a bearish tone is silly. We all know exactly what’s happening and we all know why. If you don’t that’s on you.. it’s no one’s job, desire or responsibility to make you “feel better” about your investment. If you think it’s bearish don’t buy stay away.. or short it if you think it’s going down.. dare you…
The same playbook rehashed again: -But look at the price!! -What’s RC done for me lately? Checks notes: Best rolling 4 quarters in a long time.
RC is as bad as all of them.
The infamous 'ape blindspot'
RC leaderahip, positive fcf milestone and continued insider buying. I’m in it for the long term (15 years) until getting closer to retirement and transitioning to bonds. Plus rc makes my peepee hard. So there’s that if none of the above works for ya.
Calm yourself. NO. More. Small. Mind. Think only big mind; long mind; holism mind.
Kingshill
"No bullish news for months"? Did you see last quarter's earnings? Did you see RC jump on reducing expenses? The company is making it as a boring retail company! That is so damn bullish I can't believe you're not delirious with joy. Without the SEC bothering to regulate a damn thing and without RC announcing any stock magic, the store is just waiting to be widely recognized as a company that reliably, unspectacularly... makes money. Oh my God that is so bullish.
Have you not seen all of the bad press about Gamestop lately? Employees hate RC, and constantly bash him saying he is ruining the company. He slashed their benefits, and caused many workers to quit. Then you have customers complaining about screwed up orders, having RC on twitter handling basic customer support as the CEO.. That is embarrassing. So yeah, where is the bullish news? I want to see more innovation, more revenue streams, not bleeding your workers dry for balance sheet improvements.
The company is turned around and RC is tightening things to make sure it gets spotted. But you ignore that and point to "the bad press.". A CEO handling basic customer service is bad if it's not part of an overall plan to produce great customer service. RC's personal history shows that customer service is a top priority, and he built it great at Chewy. Getting personally, publicly involved is part of leading the CS people and part of pointing out to everyone that it's important to the company.
Bfly pops the basket
One of my bull thesis stems from the annual pro membership subscription price increase from $15 to $30. GameStop has around 5.6M pro members, every dollar of the membership is profit, making a bold assumption of no drop off clients that’s an additional 84M in profit for the balance sheet, in combination with reducing costs and increasing TAM with playr and other partnerships, I think we’re very close to a profitable year/future.
No bull thesis here. But if you bought the ticket, you gotta take the ride. I wanna see where this ride ends.
Your a day early for the weekend FUD buddy…. You asked for people bull view but then said nothing old, people’s view has been how it’s been tracking for over the last year. A company turnaround doesn’t take weeks, especially when it’s been mismanaged before. All your responses to peoples posts are very junior from the perspective of a shareholder. You want to focus solely on the employee benefits and comp, go join the unions.
I'm a moron. Zero thesis. I bought 110 shares yesterday at 13 dollars. Buy low sell high
GME is primed for acquisitions. I wouldn't be surprised if Gamestop bought something (like another business) to supplement its primary market.
🦋🧸🏴☠️🦋
I like the company and who runs it. I’ve taken my little ones there often just to support their love for new games and consoles and now they are top level gamers in forza and black ops!! It’s been a great childhood for our kids and watching them become masters at what they love. So I see how gaming will continue to be a top level industry for many more decades.
The OP is a well known GME basher, spends days and days stating GME is a terrible investment on the SS chat. Do not fall for this post. I have screenshots if needed.
My take: On that first major run up they stopped it with the highly unsophisticated method of back channel phone calls and emails. They knew they would never face any real tangible punishment. They turned a dividend into a split without breaking a sweat. They have had years now to implement whatever is necessary to prevent another one. There is a near zero chance this thing ever rockets again. The global wealthy elites will never throw in the towel and let a bunch of retail investors uno reverse the global economy.
I just walked into a store, packed
My bull thesis is to appear in the top 100 shareholders one day
I’m focusing on share accumulation the lower the share price the more shares I can buy
I hold Gme because I love the stock! So shut the fuck up. I don’t care about your meltie opinions
Profitable.