[ilikenwf]

You didn't really cover any fundamentals here. The business itself is changing and the investors generally are buying into Ryan Cohen, not Gamestop at face value, "MOASS" or not.

They have $4 billion in liquid assets, which if they desired would allow them to purchase new businesses to roll into their model or buy back all of the existing free float shares left.

No debts except a low interest covid loan from France.

They are branching out and selling consoles, PC gaming gear, board/card games, and sports cards in addition, amongst other things.

While you're right about a lot of what you say with digital downloads and such, you don't paint the full picture, but you can't be blamed because the Jim Cramers and hedgefunds of the world don't want people to know any of these facts.

Do some digging and you can find all this to confirm, and a lot more. r/superstonk is cultlike but they do have good fundamental research.

[apozem]

I have never seen Jim Cramer and don't know or care what hedge funds think. I'm just telling you as someone deep in the gaming space, this company's business makes no sense.

They have no future. Cohen couldn't pivot them to e-commerce. Selling undifferentiated consoles, board games and cards is a race to the bottom. It's a commodity business they will lose to Amazon and Alibaba.

[ilikenwf]

Gamestop isn't really just games anymore; even if they closed all brick and mortar shops and sold nothing they'd still be green on paper because of the liquid assets they hold.

The stock market and business of it never do make sense because the whole thing is rigged.