richegg
09-25 21:40

$GameStop(GME)$ I hadn't realized the extent to which GME had improved its Balance Sheet, Income Statement and Cash Flow. The Equity Valuation going forward will depend upon how they utilize their cash and how much additional capital they raise over time and at what prices.. IMHO this move may be sustainable and is far, far from over. I buy into the case for a near-term (12 - 18 months) double or triple and an eventual 10 - 25X or more. I am not prone to exaggeration or to allocating more than 10% to even my largest positions. I expect GME to be a significant contributor to Barometer's returns if Cohen/GME makes solid decisions over the next few years.

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