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$GameStop(GME)$ GameStop $GME 2Q22 financial results: EPS $(0.35) Beats $(0.38) Estimate Sales $1.14B Miss $1.27B Estimate As of July 30, 2022, 71.3 million shares of GameStop's common stock were directly registered with Computershare. Last quarter's DRS count stood at 50.8m pre-split. That is a 40% increment in DRSed shares, and 57% of the float locked away! Also, it is as of July 30th, which it would be fair to assume a higher number now. GameStop has also entered into yet another partnership with a premium cryptocurrency company, FTX Exchange. FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products. GameStop states the company is focused on: - transforming into a customer-obsessed technology-led company to delight gamers - achieving profitability, launching first-party products, and supporting the company stores - actively exploring partnerships to increase brand awareness and support commerce business CEO Matt Furlong concluded the GameStop 2Q22 Earnings Call stating, "We believe GameStop is a much stronger business than it was 18 months ago." All the naysayers beating GameStop down, sit down and shut up.
$GameStop(GME)$ GameStop $GME 2Q22 financial results: EPS $(0.35) Beats $(0.38) Estimate Sales $1.14B Miss $1.27B Estimate As of July 30, 2022, 71.3 million shares of GameStop's common stock were directly registered with Computershare. Last quarter's DRS count stood at 50.8m pre-split. That is a 40% increment in DRSed shares, and 57% of the float locked away! Also, it is as of July 30th, which it would be fair to assume a higher number now. GameStop has also entered into yet another partnership with a premium cryptocurrency company, FTX Exchange. FTX Exchange is a leading centralized cryptocurrency exchange specializing in derivatives and leveraged products. GameStop states the company is focused on: - transforming into a customer-obsessed technology-led company to delight gamers - achieving profitability, launching first-party products, and supporting the company stores - actively exploring partnerships to increase brand awareness and support commerce business CEO Matt Furlong concluded the GameStop 2Q22 Earnings Call stating, "We believe GameStop is a much stronger business than it was 18 months ago." All the naysayers beating GameStop down, sit down and shut up.

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