What’s Going On With GME???

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ATM complete.
They made 2 Billy

:shaq:
Finally. We can start to come back now. Hopefully interest hasn't completely waned. That's what shorts are praying for.

4 billion warchest is great but only if Cohen actually does something with it that will pay out. My problem isn't that he raised a bunch of capital for the company, it's that he keeps killing momentum without having a plan of what to do with it.
 

Geek Nasty

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They should buy treasury bills if they aren't going for an acquisition.

They could make hundreds of millions for doing absolutely nothing.
Thats whats so crazy about this much cash. $200 million a year playing it SAFE. RC has no excuse to have another unprofitable quarter.
 

Schadenfreude

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I got a question for you GME stock holders: what if Cohen's plan is to take GME private? :patrice: That's a LOT of cash on hand with little to no debt; and I can't see them buying out someone, because the only player in their space is what? Valve? Amazon? GOG? Best Buy? Origin? :manny:
 

Geek Nasty

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I got a question for you GME stock holders: what if Cohen's plan is to take GME private? :patrice: That's a LOT of cash on hand with little to no debt; and I can't see them buying out someone, because the only player in their space is what? Valve? Amazon? GOG? Best Buy? Origin? :manny:
A share recall is even better. Forces shorts to cover. No way they'd be able to afford it, their market cap is already what $12 billion?
 
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