What’s Going On With GME???
- Thread starter I Really Mean It
- Start date
Leavingtheecstasy
All Star
They offered 75 million shares. Cohen diluted.
Black Mamba
Superstar
Just relax 
Leavingtheecstasy
All Star
Either Cohen is doing it just because more money = bigger warchest.diluted twice in one month
lets see what happens
Or they need to because a major squeeze could make them look legally liable.
Trying not to give Cohen too much sympathy here. He already diluted multiple times. He doesn't need another billion but I get it. But it is fukking us over.
we ate through 45m last time to get where we are
Leavingtheecstasy
All Star
Depends if he sells them to just one firm like last time.
But he didn't have to dilute more. Ryan gotta stop breh. No more dilution. Let this shyt happen.
Secure Da Bag
Veteran
See you guys in an hour. Hope to see some new retirees by EOD.
GameStop Discloses First Quarter 2024 Results
June 7, 2024GRAPEVINE, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the first quarter ended May 4, 2024. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below.
FIRST QUARTER OVERVIEW
FIRST QUARTER OVERVIEW
- Net sales were $0.882 billion for the first quarter, compared to $1.237 billion in the prior year's first quarter.
- Selling, general and administrative (“SG&A") expenses were $295.1 million, or 33.5% of net sales for the first quarter, compared to $345.7 million, or 27.9% of net sales, in the prior year's first quarter.
- Net loss was $32.3 million for the first quarter, compared to a net loss of $50.5 million for the prior year’s first quarter.
- Cash, cash equivalents and marketable securities were $1.083 billion at the close of the quarter.
- Long-term debt remains limited to a low-interest, unsecured term loan associated with the French government’s response to COVID-19.
The Company will not be holding a conference call today.
Leavingtheecstasy
All Star
Honestly, it really depends on what RK does.See you guys in an hour. Hope to see some new retirees by EOD.
He's got two weeks to set those bombs off. And idk if he even he has the titanium alloyed nuts to exercise those calls on Livestream
Patrick Kane
Superstar
Tanking 
This stock is just used as a pump and dump money laundering scheme for whales
You can still make money off it if you have the balls to hold when it drops back to 10-15 bucks but it always goes back up to the 40-50s at some point. Can still make some coin
but there’s no real DD behind it
This stock is just used as a pump and dump money laundering scheme for whales
You can still make money off it if you have the balls to hold when it drops back to 10-15 bucks but it always goes back up to the 40-50s at some point. Can still make some coin
but there’s no real DD behind it He didn’t need to do that, but those shares will disappear instantly.
Man I said it would get down to the 20s again. It’s like $36 now? Like I said, when we get back to 20ish I’m loading the boat. It’s all good. This shyt is happening.
Man I said it would get down to the 20s again. It’s like $36 now? Like I said, when we get back to 20ish I’m loading the boat. It’s all good. This shyt is happening.
Oh right. This shyt is a GAMBLE, but it’s almost a guarantee if you can hold.Tanking
This stock is just used as a pump and dump money laundering scheme for whales
You can still make money off it if you have the balls to hold when it drops back to 10-15 bucks but it always goes back up to the 40-50s at some point. Can still make some coin
I mean, I’ll give it to the ppl with 200, 300-1000+ shares. When that shyt hit $94 that morning last week? I would’ve been OOOOOUT! If you’re willing to hold you’re going to make your money
Black Mamba
Superstar
just that at some of yallKeep fuding
I didn’t get my kobe’d with Footlockers piece of shyt raffle
Guess I’m buying more
