$GameStop(GME)$ 4B cash on hand (conservatively) / 427M shares outstanding = 9.35 cash value per share. does not include any future value on the existing brick and mortar business which also has well over 1B of cash/liquid inventory with no debt and should be operating at breakeven come year end. there is a literal floor on this thing. the bears saying it's going to fail are idiots. keep adding shares over time.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments