Thanks, Ben. On the surface this all sounds good. But why are you pushing this stock so hard? Are you being compensated by the company to say all that's good, while avoiding anything that's bad? Because that's what it sounds like.
Do any of the other authors here have an unbiased opinion about GamesSqaure? I'd be more comfortable if others researched $GAME and came to similar conclusions about the company.
As a matter of fact I did, on the day I read this. And $GAME has risen sharply since then! Hope you did too, but if not, it I think it will continue to rise. The numbers look good to me.
"“When we acquired FaZe, they were burning around $5 million per month, with a headcount of 100. We’ve since reduced that to 30 employees and have made significant improvements to reduce our cash burn,”
"EBITDA loss improved by $2.5 million in Q2 2024"
Sounds like they are making all the right moves. I'm curious to see where $GAME goes. 🚀
If you wait till #GameSquare is profitable, the stock price will be much higher and will reflect that.
It took #Amazon 8 years to reach break even point. Was investing in $AMZN back then a bad move? Or was that when the savvy investors got in?
The point here is that $GAME stock MIGHT be undervalued, and if they are rapidly moving towards profitability, this could be a buying opportunity while the stock is still dirt cheap. I say "might" since though this article seems quite thorough, a lot of the info comes directly from the company (note the disclosure). I'll try to do more research to see if I can find what some independent analysts have to say, before I decide to buy.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
Thanks, Ben. On the surface this all sounds good. But why are you pushing this stock so hard? Are you being compensated by the company to say all that's good, while avoiding anything that's bad? Because that's what it sounds like.
Do any of the other authors here have an unbiased opinion about GamesSqaure? I'd be more comfortable if others researched $GAME and came to similar conclusions about the company.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
As a matter of fact I did, on the day I read this. And $GAME has risen sharply since then! Hope you did too, but if not, it I think it will continue to rise. The numbers look good to me.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
I haven't heard of $GAME before. But it sounds pretty good to me. The current price shows lots of upside, with very little risk.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
The author addressed that:
"“When we acquired FaZe, they were burning around $5 million per month, with a headcount of 100. We’ve since reduced that to 30 employees and have made significant improvements to reduce our cash burn,”
"EBITDA loss improved by $2.5 million in Q2 2024"
Sounds like they are making all the right moves. I'm curious to see where $GAME goes. 🚀
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
LOL, I thought this said $GME was making the acquisition. Gotta love #GameStop 💎💎💎! Never heard of $GAME but will check it out.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
If you wait till #GameSquare is profitable, the stock price will be much higher and will reflect that.
It took #Amazon 8 years to reach break even point. Was investing in $AMZN back then a bad move? Or was that when the savvy investors got in?
The point here is that $GAME stock MIGHT be undervalued, and if they are rapidly moving towards profitability, this could be a buying opportunity while the stock is still dirt cheap. I say "might" since though this article seems quite thorough, a lot of the info comes directly from the company (note the disclosure). I'll try to do more research to see if I can find what some independent analysts have to say, before I decide to buy.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
$LUNR is going to the moon - quite literally! $GAME probably not yet but things are quickly moving in the right direction.
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
$GAME is going to the moon, Alice, to the moon!
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
Thanks Ben, this sounds very promising. I followed both you and $GAME.