On Game Stop, yours is the perceived wisdom. Except the company IS making the transition from pure bricks & mortar to e-commerce in all sorts of ways. Perversely, even Amazon has realised it needs some bricks n mortar footprint....
Game Stop has attracted over one hundred new hires from the FAMANG tier. Not a single insider has sold stock (some were recruited away from cushy jobs on the premise of stock access) except for reasons like directorship resignation, tax or similar. Game Stop holds $20 per share in cash. No debt. The current NFT craze is a joke, but NFTs will be big as an electronic barcode on another item. The clue is in the name non fungible. NFTs should have zero intrinsic value and the present market in them is an abomination. Game Stop realises the difference.
Lastly, $GME was illegally naked short sold with management cronies destroying the company until Ryan Cohen came along. They have never closed. Game Stop is the asymmetric play of a life time.
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I Kid You Not Crazy
Oh, and you're right : AMC is dogsh*t. Adam Aron is an Apollo (Leon Black) crony and plant. Aron cavorted with Epstein & Black in the Caribbean.
I Kid You Not Crazy
On Game Stop, yours is the perceived wisdom. Except the company IS making the transition from pure bricks & mortar to e-commerce in all sorts of ways. Perversely, even Amazon has realised it needs some bricks n mortar footprint....
Game Stop has attracted over one hundred new hires from the FAMANG tier. Not a single insider has sold stock (some were recruited away from cushy jobs on the premise of stock access) except for reasons like directorship resignation, tax or similar. Game Stop holds $20 per share in cash. No debt. The current NFT craze is a joke, but NFTs will be big as an electronic barcode on another item. The clue is in the name non fungible. NFTs should have zero intrinsic value and the present market in them is an abomination. Game Stop realises the difference.
Lastly, $GME was illegally naked short sold with management cronies destroying the company until Ryan Cohen came along. They have never closed. Game Stop is the asymmetric play of a life time.