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with such poor business policies, and all the lying, cheating, manipulating and empty promise-making superiors and business owners of this company. GameStop is a metaphysical representation of the Earth and the GME/hodl apes are a suicide cult hanging on for dearlife. But seriously, the business is kind of failing all around right.
I can also plot this decay mathematically. A = P (1 + rt) A = 100 (1 + (0.01 * 1)) A = $101. *A=Net Liability, P=Initial Short Price, r=Rate of Growth/Decay, t=Time. And from this we know that the maintenance margin has increased $101 - 100 = $1. So I need an additional $1 in assets to keep my position open.
With the latest SEC filing, GameStop will be able to sell new shares whenever it wants to. It will be able to stabilize the squeeze or stop it from getting out of control. But that’s not a bad thing. It’s much more preferable than having the government get involved. I also don’t think GameStop will do it too soon and screw over their fan ...
Let me start by saying, that I am personally more bullish than ever on the fundamental value of GameStop, as well as the possibility of the most massive short squeeze ever. Which brings up the two most important factors to consider: #1 Fundamental / future value, and #2 Short squeeze potential. If you are thinking of investing in GME, or if you ...
Come join us in the (unofficial) GameStop Discord! This thread will serve as a megathread for all customer questions, including COVID-19 customer questions. Anyone who continues to spam questions not in the megathread will get 24-hour bans. We all know you're frustrated, but your answer is probably in this thread or in of the previous guest ...
2yr old console. Used it 2 or 3 times then it collected dust for 6 months. Put it back in the box and haven't touched it since. I haven't traded with Gamestop before but, I was thinking of paying $25 for GameStop Pro, then hopefully get $330 cash for trade in, plus the $65 in-store credit over a 12month span. So the equivalent of $370.
At 7.75 an hour. (Guest advisors are the lowest rung and start pretty low) But don’t worry, after two years of putting your time, sweat, long nights and a shitty consumer populace, they might give yah asst manager of a store. Maybe. Gamestop is not long for this world, all hail Amazon and digital downloads. Amen.
If you go to most retail/online outlets, right now, you can’t get a PS5. You can when Direct/Gamestop/GAME/etc get new stock which is happening a lot more often than when the console was first released. But it is not as easy to get as the vast majority of consumer goods are, which is go to a store/online outlet and buy the thing.
He’s here to disrupt the entire $250 billion gaming industry. He has since hand-picked over 250 new tech hires from companies like Amazon, Microsoft, Walmart, Google, Facebook, Chewy to execute his vision. Under Ryan Cohen, GameStop is an entirely new business flush with $1.7 billion in cash and no debt.
Research the online sales of GameStop during the pandemic. Research the current online NFT sales for them. GameStop will need to find a new market to live in if it wants to survive. There is always a possibility to turn things around, but in the current form the company is in, I highly doubt it.