/biz/ - Business & Finance

Anonymous Fri Sep 18 14:46:37 2020 No.22611570 [View]
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>>22611445
dude. GME is literally just math. You can read up all the bullish DD and shit about Cohen, or you can just look at the balance sheet and short interest.
There are 55 million shares short on GME, a good portion of them definitely underwater, and at 50% interest rate, which very roughly speaking means breakeven if GME goes to $0 in 2 years if they're just staying uncovered the entire time.

But is Gamestop going bankrupt? Right at the start of a massive console cycle? With more cash than debt?

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