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What does GameStop plan on doing with all their share capital?
Posted on 1/27/21 at 10:48 pm
Posted on 1/27/21 at 10:48 pm
As an inexperienced investor these types of questions worry me. Do they capitalize and clear debt and improve infrastructure (have you been in a GameStop store?). I know they’re making profit off the Xbox one x but you have to wonder if it’ll be sustainable since they continually drop in sales year after year. What are your thoughts on their future
This post was edited on 1/27/21 at 11:58 pm
4
Posted on 1/27/21 at 10:49 pm to Newuser13
This is not a long term stock. Nothing going on has to do with their business
It will fall on Friday.
It will fall on Friday.
This post was edited on 1/27/21 at 10:50 pm
Posted on 1/27/21 at 10:53 pm to Newuser13
Huh? No. We shares have been issued during this run up, GameStop doesn’t own the shares..and no one cares what they do long term (at least most don’t) this is all about catching someone(s) who overplayed their hand(s) and making them pay more for stock than they anticipated..which means you profit
Posted on 1/27/21 at 10:53 pm to Newuser13
Gamestop the business doesn't benefit from this unless they issue new shares at these elevated prices (this takes a while)
Posted on 1/27/21 at 10:56 pm to flyAU
quote:
It will fall on Friday.
How?
Posted on 1/27/21 at 10:58 pm to TigerTatorTots
quote:
Gamestop the business doesn't benefit from this unless they issue new shares at these elevated prices (this takes a while)
They have some large stake holders who could potentially kill this
Be interesting if they could issue in time or split
Posted on 1/27/21 at 11:04 pm to JohnnyKilroy
quote:The short interest will have decreased, and so will buying demand.
How?
When no one is willing to pay $450 or $950 or whatever the peak price is, the price simple goes down.
Stock prices are determined by the difference between how much someone is asking for the stock and how much someone is willing to pay for it. This is known as the bid/ask. Just like in the housing market or on the car lot, you’ve got someone asking for a price and folks lined up saying “I won’t give you 15k for that used car, but here’s 12k”
When not a single buyer is willing to pay a certain dollar amount for a given stock it goes down to the next highest bidder. In the stock market it’s just rapid fire and mechanized, which means huge violent swings in share price on high volume days.
Posted on 1/27/21 at 11:07 pm to Dawgfanman
quote:
GameStop doesn’t own the shares
Educate me here on this. Who owns the stock? I’m literally one day into learning about the stock market. Why isn’t this a long term stock? You would think a company value would rise with so much investment
This post was edited on 1/27/21 at 11:09 pm
Posted on 1/27/21 at 11:12 pm to bayoubengals88
quote:
The short interest will have decreased
Link? By all accounts the shorts have doubled down at nearly every turn. They are pulling out all the stops to drive down sentiment and drive people out of GME so it craters and they can finally cover.
The short squeeze is still VERY much on until we are significantly below 100%.
Posted on 1/27/21 at 11:15 pm to JohnnyKilroy
quote:I thought them giving up had a lot to do with options expiration this Friday?
The short squeeze is still VERY much on until we are significantly below 100%.
Posted on 1/27/21 at 11:16 pm to bayoubengals88
potentially.
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
Posted on 1/27/21 at 11:16 pm to bayoubengals88
read this post
https://www.reddit.com/r/wallstreetbets/comments/l6mgk6/when_do_we_sell_a_quick_guide_for_gme_army_secret/
and this is too funny not to share
I see dead hedge funds
https://www.reddit.com/r/wallstreetbets/comments/l6mgk6/when_do_we_sell_a_quick_guide_for_gme_army_secret/
and this is too funny not to share
I see dead hedge funds
This post was edited on 1/27/21 at 11:21 pm
Posted on 1/27/21 at 11:17 pm to bayoubengals88
quote:
I thought them giving up had a lot to do with options expiration this Friday?
What do you mean?
Posted on 1/27/21 at 11:19 pm to Newuser13
quote:
Why isn’t this a long term stock? You would think a company value would rise with so much investment
Everyone will sell off in the next 24-48 hours crashing the stock and its a good chance you'll see the company file ch 11, sell off assets and switch to online. The whole digital download kills their business.
Posted on 1/27/21 at 11:21 pm to momentoftruth87
quote:
and its a good chance you'll see the company file ch 11, sell off assets and switch to online.
Damn near 0% chance of that happening at this point.
Posted on 1/27/21 at 11:22 pm to JohnnyKilroy
Okay, then they'll go out of business. They have nothing and have been declining for years. The reason this whole thing is happening is because ppl were betting on them to fail.
Posted on 1/27/21 at 11:25 pm to GamecockUltimate
quote:
if people hold them Melvin will have no choice but to buy new shares at a higher price. The stock would go up. Selling it allows them to pay it back at a lower price.
true but selling make this guy a 5 1/2 million profit, comes down to motive
Posted on 1/27/21 at 11:25 pm to JohnnyKilroy
quote:
Damn near 0% chance of that happening at this point.
Why?
New business model has to be put in place
Posted on 1/27/21 at 11:26 pm to TigerintheNO
quote:
true but selling make this guy a 5 1/2 million profit, comes down to motive
Lol our shares
I would have burned my reddit buddies at $85 a share for sure
Posted on 1/27/21 at 11:28 pm to Newuser13
quote:
Educate me here on this. Who owns the stock? I’m literally one day into learning about the stock market. Why isn’t this a long term stock? You would think a company value would rise with so much investment
It’s a corporation. So when you start it, the company sells shares in exchange for money to a person. That’s the only money that goes in the company. After that, it’s that person just selling to another person. So the profit or loss would go to the person who bought the shares from the company and turned around and sold it.
It’s not a long term stock because the business is dying. A retail store for video games when most people are starting to buy games online through PlayStation Network or Xbox live. The reason the price is skyrocketing really has nothing to do with the business and more to do with what outside investors are doing with the stock. It will crash when that is done.
The price of the stock really doesn’t effect the company at all because the money doesn’t go in the company. In order for it to effect the company, they would have to issue more shares and get people to pay the lofty price for it.
This post was edited on 1/27/21 at 11:31 pm
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