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re: What does GameStop plan on doing with all their share capital?

Posted on 1/27/21 at 11:35 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35729 posts
Posted on 1/27/21 at 11:35 pm to
quote:

New business model has to be put in place



What made this pop in the first place is because they are getting new leadership including the former top exec team that brought chewy from nothing to a multi-billion dollar company that beat amazon in their niche.

They are pivoting.

There is a legit case that this GME could be a 50+ dollar stock long term (not in the immediate aftermath of this current situation, but years down the road if they can execute).

The people who bought in at the real ground floor of 10-15 bucks back in late 2020 could miss this entire short squeeze and still come out very nicely down the road.
Posted by thelawnwranglers
Member since Sep 2007
38922 posts
Posted on 1/27/21 at 11:38 pm to
quote:

The people who bought in at the real ground floor of 10-15 bucks back in late 2020 could miss this entire short squeeze and still come out very nicely down the road.


But why do I want $350 a share now or $50 a share of when they fix plan like what they have done.

I get what your saying it isn't complete dog shite
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