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2023-09-30

Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike

GameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for "Extreme Frugality"

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have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","listText":"Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","text":"Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/225094882177096","repostId":"2371220700","repostType":2,"repost":{"id":"2371220700","kind":"highlight","pubTimestamp":1695957000,"share":"https://ttm.financial/m/news/2371220700?lang=&edition=fundamental","pubTime":"2023-09-29 11:10","market":"us","language":"en","title":"GameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for \"Extreme Frugality\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2371220700","media":"Seeking Alpha","summary":"GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the appointmen","content":"<html><head></head><body><p>GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.</p><p>Shares dropped 1.8% on Thursday afternoon.</p><p>The video game retailer announced the appointment of Chair Ryan Cohen on Thursday as chief executive officer after Matthew Furlong was terminated in June. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for \"Extreme Frugality\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-29 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4076":"电脑与电子产品零售","LU0238689110.USD":"贝莱德环球动力股票基金","BK4122":"互联网与直销零售","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4551":"寇图资本持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4561":"索罗斯持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4581":"高盛持仓","BK4579":"人工智能","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4200":"专卖店","GME":"游戏驿站","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4592":"伊斯兰概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4588":"碎股","BK4566":"资本集团","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4524":"宅经济概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4577":"网络游戏","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","BK4527":"明星科技股","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4559":"巴菲特持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4550":"红杉资本持仓"},"source_url":"https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2371220700","content_text":"GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the appointment of Chair Ryan Cohen on Thursday as chief executive officer after Matthew Furlong was terminated in June. Cohen, who will not receive compensation for the job, founded Chewy (CHWY).\"The appointment of the controlling shareholder reflects the difficulty GameStop has had in attracting competent executives,\" analysts Michael Pachter and Nick McKay wrote in a September 28 note.Cohen was elected to the position by the board of directors, which consist mainly of colleagues from CHWY, \"suggesting that his appointment was more of a coronation by his believers.\"GameStop (GME) shares have been subject to the trend of meme stocks, surging and dropping dramatically as investors react to social media. The company's revenue has been shrinking as video games move online without the requirement of physical consoles and game cartridges.Shares are down 38% over the past 12 months.Wedbush noted that executives at GME have not stuck around long and \"We are unaware of any recruiting activity, and can only surmise that the company could not convince any competent replacements to jump onto the sinking ship. The lack of clear direction and the callous termination of Mr. Furlong all but ensures that Mr. Cohen will have difficulty in surrounding himself with competent colleagues going forward.\"The firm also said GME's initiatives have failed \"spectacularly,\" including an effort to \"be like Amazon” and the recruitment of since departed Amazon.com (AMZN) executives. The company has also \"made no progress whatsoever in growing sales.\"Welcome to oblivion\"With no experienced retail executives to advise him, we suspect that GameStop will continue its path to oblivion,\" the analysts said. \"We remain convinced that GameStop is doomed, as declining physical software sales and a shift of sales to subscriptions and digital downloads seal its fate.\"The Wedbush analysts have an Underperform on the stock, which has little other Wall Street coverage.\"Mr. Cohen has no significant experience managing a physical retailer, and we are skeptical that he was GameStop’s first choice for its CEO. With no path to a turnaround and the inevitable migration of physical software sales to digital downloads, we think Mr. Cohen’s appointment ensures GameStop’s demise.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":225094882177096,"gmtCreate":1696033588238,"gmtModify":1696041258541,"author":{"id":"4156905473068432","authorId":"4156905473068432","name":"Elgigante","avatar":"https://community-static.tradeup.com/news/4175b9dc5b8b1058e65d454d2afbbb21","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156905473068432","authorIdStr":"4156905473068432"},"themes":[],"htmlText":"Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","listText":"Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","text":"Mate have a look at what happened with Bed Bath and Beyond...I'm buying puts, it's just a question of how far out to set the strike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/225094882177096","repostId":"2371220700","repostType":2,"repost":{"id":"2371220700","kind":"highlight","pubTimestamp":1695957000,"share":"https://ttm.financial/m/news/2371220700?lang=&edition=fundamental","pubTime":"2023-09-29 11:10","market":"us","language":"en","title":"GameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for \"Extreme Frugality\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2371220700","media":"Seeking Alpha","summary":"GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the appointmen","content":"<html><head></head><body><p>GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.</p><p>Shares dropped 1.8% on Thursday afternoon.</p><p>The video game retailer announced the appointment of Chair Ryan Cohen on Thursday as chief executive officer after Matthew Furlong was terminated in June. Cohen, who will not receive compensation for the job, founded Chewy (CHWY).</p><p>&#34;The appointment of the controlling shareholder reflects the difficulty GameStop has had in attracting competent executives,&#34; analysts Michael Pachter and Nick McKay wrote in a September 28 note.</p><p>Cohen was elected to the position by the board of directors, which consist mainly of colleagues from CHWY, &#34;suggesting that his appointment was more of a coronation by his believers.&#34;</p><p>GameStop (GME) shares have been subject to the trend of meme stocks, surging and dropping dramatically as investors react to social media. The company&#39;s revenue has been shrinking as video games move online without the requirement of physical consoles and game cartridges.</p><p>Shares are down 38% over the past 12 months.</p><p>Wedbush noted that executives at GME have not stuck around long and &#34;We are unaware of any recruiting activity, and can only surmise that the company could not convince any competent replacements to jump onto the sinking ship. The lack of clear direction and the callous termination of Mr. Furlong all but ensures that Mr. Cohen will have difficulty in surrounding himself with competent colleagues going forward.&#34;</p><p>The firm also said GME&#39;s initiatives have failed &#34;spectacularly,&#34; including an effort to &#34;be like Amazon” and the recruitment of since departed Amazon.com (AMZN) executives. The company has also &#34;made no progress whatsoever in growing sales.&#34;</p><h2 id=\"id_903167491\">Welcome to oblivion</h2><p>&#34;With no experienced retail executives to advise him, we suspect that GameStop will continue its path to oblivion,&#34; the analysts said. &#34;We remain convinced that GameStop is doomed, as declining physical software sales and a shift of sales to subscriptions and digital downloads seal its fate.&#34;</p><p>The Wedbush analysts have an Underperform on the stock, which has little other Wall Street coverage.</p><p>&#34;Mr. Cohen has no significant experience managing a physical retailer, and we are skeptical that he was GameStop’s first choice for its CEO. With no path to a turnaround and the inevitable migration of physical software sales to digital downloads, we think Mr. Cohen’s appointment ensures GameStop’s demise.&#34;</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for \"Extreme Frugality\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop's Demise Assured With New CEO, Wedbush Says; Cohen Calls for \"Extreme Frugality\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-29 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the ...</p>\n\n<a href=\"https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4076":"电脑与电子产品零售","LU0238689110.USD":"贝莱德环球动力股票基金","BK4122":"互联网与直销零售","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4551":"寇图资本持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4561":"索罗斯持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4581":"高盛持仓","BK4579":"人工智能","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4200":"专卖店","GME":"游戏驿站","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4592":"伊斯兰概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4588":"碎股","BK4566":"资本集团","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4524":"宅经济概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4577":"网络游戏","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","BK4527":"明星科技股","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4559":"巴菲特持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4550":"红杉资本持仓"},"source_url":"https://seekingalpha.com/news/4016429-gamestops-demise-assured-new-ceo-wedbush","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2371220700","content_text":"GameStop (NYSE:GME) will continue its path to oblivion with its new and unimpressive leadership, Wedbush said.Shares dropped 1.8% on Thursday afternoon.The video game retailer announced the appointment of Chair Ryan Cohen on Thursday as chief executive officer after Matthew Furlong was terminated in June. Cohen, who will not receive compensation for the job, founded Chewy (CHWY).\"The appointment of the controlling shareholder reflects the difficulty GameStop has had in attracting competent executives,\" analysts Michael Pachter and Nick McKay wrote in a September 28 note.Cohen was elected to the position by the board of directors, which consist mainly of colleagues from CHWY, \"suggesting that his appointment was more of a coronation by his believers.\"GameStop (GME) shares have been subject to the trend of meme stocks, surging and dropping dramatically as investors react to social media. The company's revenue has been shrinking as video games move online without the requirement of physical consoles and game cartridges.Shares are down 38% over the past 12 months.Wedbush noted that executives at GME have not stuck around long and \"We are unaware of any recruiting activity, and can only surmise that the company could not convince any competent replacements to jump onto the sinking ship. The lack of clear direction and the callous termination of Mr. Furlong all but ensures that Mr. Cohen will have difficulty in surrounding himself with competent colleagues going forward.\"The firm also said GME's initiatives have failed \"spectacularly,\" including an effort to \"be like Amazon” and the recruitment of since departed Amazon.com (AMZN) executives. The company has also \"made no progress whatsoever in growing sales.\"Welcome to oblivion\"With no experienced retail executives to advise him, we suspect that GameStop will continue its path to oblivion,\" the analysts said. \"We remain convinced that GameStop is doomed, as declining physical software sales and a shift of sales to subscriptions and digital downloads seal its fate.\"The Wedbush analysts have an Underperform on the stock, which has little other Wall Street coverage.\"Mr. Cohen has no significant experience managing a physical retailer, and we are skeptical that he was GameStop’s first choice for its CEO. With no path to a turnaround and the inevitable migration of physical software sales to digital downloads, we think Mr. Cohen’s appointment ensures GameStop’s demise.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}