PTOL
06-14

$GameStop(GME)$ The fact that even Microsoft console sales are down is a further indicator of the difficult path even a good leader would have running GME. The board has given the current guy enough time to come up with some way to have a viable business. It is time for someone else to give it a try.
The capital raise was a lucky and obvious move: give the guy a few million in a bonus and then move on to someone else.

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Comments

  • wilkinsons13
    06-16
    wilkinsons13
    with that much cash now they could literally do nothing different and still be making profit. there biggest loss in the last few years is nothing compared to the interest on 4 billion. seems he timed things way better than AMC and potentially pulled a lot of his cash from individual and corporate shorting that needed to be covered.

    it would be real interesting if it were possible to know what percentage of that 4 billion is from shorts covering and what's from meme stock investors.

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