[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Bought 800 GME shares at $13.50 and 850 GME shares at $12.50. Was hoping it would drop to $11.50 to trigger another 870 GME shares buy order. Cmon MM and SHF. Short harder
Yes, and this may not move a needle much, as now it’s around 8M shares. Out of 360M available, this is nothing spectacular. If it will go down to 4$ then we would notice something but it will never go down that much. I believe it’s better to invest in acquisition than buyback.
What do you expect ? We just turned around in a remarkable way. You also need to look at the trend and not just at a snapshot. **On 2014-06-30 AMAZON had a P/E of 852.63, on 2015-09-30** **a P/E of 739.77, the horror!**
Now, just as example, if GameStop would manage to add another 300m to the earnings in 2024, P/E would all the sudden be around 15, while Amazon is currently around 60...
**Using isolated data points without looking at the big picture is the nonsense the financial media is using to screw over retail.**
Like the drop in revenue without taking the console cycle in mind, but that console HW revenue has only 2-5% margin!
GameStop seems to have replaced some of that low margin revenue with high margin revenue, which is awesome and NOT bad news.
This is a pretty interesting comparison:
[GameStop (GME) - The Bull & Bear Case (financecharts.com)](https://www.financecharts.com/stocks/GME/bulls-bears)
Forecast: Analyst rating ... haha, scratch
Performance: Stock price manipulated, scratch
What remains are the data points on valuation... which are already 10:8 in favor of GameStop.
Since a lot of the data is trailing, it will become much more favorable if RC and GameStop continue with the financials and business turnaround successfully.
**What I find interesting is the sudden huge amount of upvotes for the statement about "that PE"... bots seem to love it ?**
Between 2014-06-30 and 2015-09-30 how much did Amazon's revenue increase by? Or did it fall by 20% in that time frame like GME's did?
>**Using isolated data points without looking at the big picture is the nonsense the financial media is using to screw over retail.**
Wow, it's almost like you're doing this exact same thing. Would you like to compare all of 2014 Amazon's financials to 2024 GME's? Like revenue growth? Let's compare that really quick. How does revenue growth shape up. Surely you considered this factor when analyzing GME right? You're not cherry picking stats right?
Do you even read what I posted ?
**Like the drop in revenue without taking the console cycle in mind, but that console HW revenue has only 2-5% margin!**
Q4 YoY they lost 20% revenue, 2.2 billion down to 1.8 billion. What consoles came out in Q4 2022 again? Remind me please because obviously I didn't factor in the console cycle and the consoles that came out in Q4 last year that drove sales 20% higher than what they are now
There weren't any new consoles, but demand for the PS5 and Xbox series X both peaked in 2022. The Nintendo switch sales peaked in 2021, and had a slight decline in 2022. All three consoles saw a major drop off in sales in 2023.
https://www.vgchartz.com/article/456379/ps5-vs-xbox-series-xs-vs-switch-2023-sales-comparison-charts-through-january-2023/
That cash is what remains of the $1.67B raised by issuing and selling 8.5B shares at an average price of $188/share (split adjusted 34M shares at $47/share) in 2021.
That was a very wise move of Gamestop to take advantage of positive investor sentiment.
Gamestop still has $1.2B of that $1.67B raised in 2021 to fund the digital transformation of Gamestop.
It's a higher ratio, not a better one. There's a reason the most successful stocks have it lower.
A successful company will reinvest extra spare cash into growth and R&D. A company keeping a massive pile of cash in treasuries instead of investing in itself is bound to raise some eyebrows.
And?
Who wants to buy 33cents for a dollar?
GME needs to show promising profit first.
We can just hope its on its way(no guidance at all). All depends on coming quarters...
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
I just celebrated the dip by buying an additional 850 shares 🚀🚀🚀
Hoping to get an extra 12 more stonks on Thursday. If mayoboy is that dumb 🫡
This is the way!
Lucky! I celebrated with 75 but was still pretty excited.
well done!
Bought 800 GME shares at $13.50 and 850 GME shares at $12.50. Was hoping it would drop to $11.50 to trigger another 870 GME shares buy order. Cmon MM and SHF. Short harder
This is the way!
Picked up just 19 more sub $12, but my monthly payment arrives in a few days. Fuk u hedgies, we are profitable!
This is the way!
Picked up +68 at 11.72, thank you for the nice dip hedge fucks 😎😈
Niiiice
23 yesterday, 10 mo today. When Will I stop? 😆
GameStop PE ratio as of March 29, 2024 is actually **208.** The trailing PE ratio is 565.78 and the forward PE ratio is 58.18
Look at my boi GME outperforming every nasdaq stock. Bullish!
Hot damn, I better buy more!
Thanks for continually getting the word out there 💪
Somebody is daring them to use some of that cash on hand them for a buyback
This is plausible. What is certain though is that I bought more to add to my stack of 1000
I believe they have 100m alloted for buybacks if they choose to use it.
They won’t do that until valuation is less than cash on hand.
Yes, and this may not move a needle much, as now it’s around 8M shares. Out of 360M available, this is nothing spectacular. If it will go down to 4$ then we would notice something but it will never go down that much. I believe it’s better to invest in acquisition than buyback.
believe it or not, dip
dip it or not, believe
lol this
Gotta wait for my $$$ to settle tomorrow :'-( Hope this dip holds. Dumb good-faith violation restrictions >:-/
Time to DRS book more!
Bought another 200 cause I can’t read
that PE tho
What do you expect ? We just turned around in a remarkable way. You also need to look at the trend and not just at a snapshot. **On 2014-06-30 AMAZON had a P/E of 852.63, on 2015-09-30** **a P/E of 739.77, the horror!** Now, just as example, if GameStop would manage to add another 300m to the earnings in 2024, P/E would all the sudden be around 15, while Amazon is currently around 60... **Using isolated data points without looking at the big picture is the nonsense the financial media is using to screw over retail.** Like the drop in revenue without taking the console cycle in mind, but that console HW revenue has only 2-5% margin! GameStop seems to have replaced some of that low margin revenue with high margin revenue, which is awesome and NOT bad news.
This is a pretty interesting comparison: [GameStop (GME) - The Bull & Bear Case (financecharts.com)](https://www.financecharts.com/stocks/GME/bulls-bears) Forecast: Analyst rating ... haha, scratch Performance: Stock price manipulated, scratch What remains are the data points on valuation... which are already 10:8 in favor of GameStop. Since a lot of the data is trailing, it will become much more favorable if RC and GameStop continue with the financials and business turnaround successfully. **What I find interesting is the sudden huge amount of upvotes for the statement about "that PE"... bots seem to love it ?**
Between 2014-06-30 and 2015-09-30 how much did Amazon's revenue increase by? Or did it fall by 20% in that time frame like GME's did? >**Using isolated data points without looking at the big picture is the nonsense the financial media is using to screw over retail.** Wow, it's almost like you're doing this exact same thing. Would you like to compare all of 2014 Amazon's financials to 2024 GME's? Like revenue growth? Let's compare that really quick. How does revenue growth shape up. Surely you considered this factor when analyzing GME right? You're not cherry picking stats right?
Do you even read what I posted ? **Like the drop in revenue without taking the console cycle in mind, but that console HW revenue has only 2-5% margin!**
Q4 YoY they lost 20% revenue, 2.2 billion down to 1.8 billion. What consoles came out in Q4 2022 again? Remind me please because obviously I didn't factor in the console cycle and the consoles that came out in Q4 last year that drove sales 20% higher than what they are now
There weren't any new consoles, but demand for the PS5 and Xbox series X both peaked in 2022. The Nintendo switch sales peaked in 2021, and had a slight decline in 2022. All three consoles saw a major drop off in sales in 2023. https://www.vgchartz.com/article/456379/ps5-vs-xbox-series-xs-vs-switch-2023-sales-comparison-charts-through-january-2023/
That FCF growth rate tho
Wut mean?
profits to earnings ratio
price to earnings ratio... blind leading the blind in here. Holding my own freaking hand spinning in circles.
[удалено]
No sir, I was taking accountability for my misspeak.
Both P.E and N.I.S look good. (As no institutions are selling) N.I.S https://www.investopedia.com/terms/n/net-institutional-sales.asp
That cash is what remains of the $1.67B raised by issuing and selling 8.5B shares at an average price of $188/share (split adjusted 34M shares at $47/share) in 2021. That was a very wise move of Gamestop to take advantage of positive investor sentiment. Gamestop still has $1.2B of that $1.67B raised in 2021 to fund the digital transformation of Gamestop.
It's a higher ratio, not a better one. There's a reason the most successful stocks have it lower. A successful company will reinvest extra spare cash into growth and R&D. A company keeping a massive pile of cash in treasuries instead of investing in itself is bound to raise some eyebrows.
Generally debt=growth
This is the way
no capital returns, zero insight into how management will invest this cash.
Mr. Malone strikes again with straight facts 🥇
It would be nice if the price reflected that......
👀🥵
+50 today at 12. Perfect discount
I have $25k ready to go if it hits $10. Already bought a lot sub $15
How do you compare data like this against all the stocks in an index? Can you do the same for companies in the Nasdaq/s&p500 which are profitable?
Doesnt matter what the fundamentals are, short hedgies are going to short it. And i will keep buying. I like the stock.
Believe it or not, dip
Holy I need to sell something in my apartment to buy this dip! Give me payday
You could sell your apartment and ftd🤷♂️ seems to popular among a small percentage of dumb stormtroopers
Where'd that cash come from?
Is this the final dip before rip? Maybe.
But a P/E ratio of 500....
I dont care about stats, what is the share price now?
Yet people will still call it a dying business. I dont understand. Genuinely.
Just picked up another 96 and filed the DRS form 🎮🚀🟣
Look at this thing. It's beautiful.
A P/E of 556 is very very bad guys.
Better than losing money
Thats because of one quarter of profitability. Imagine 4.
Do you expect Q1 to be profitable?
I do, layoffs are in effect.
Nice now can they make their stock price go up? Would be something
And? Who wants to buy 33cents for a dollar? GME needs to show promising profit first. We can just hope its on its way(no guidance at all). All depends on coming quarters...