$GameStop(GME)$ 1.makes no mon

1.makes no money.

2.has about 1.4 billion cash after you pay off the 600 million in debt

3.has 351,190,000 outstanding shares after the dilutio

4.1.4 billion divided by outstanding shares = $3.99 per share

That is the most you could value the stock at because there is no indication they are making money, they have indicated they are losing revenue, and they burn cash every day for employees, other overhead, and other expenses.

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Comments

blinki
05-29
blinki
I disagree with your assessment.

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