/biz/ - Business & Finance

>Summary

GameStop Info
>Complete corporate revamp by Ryan Cohen
>Debt free with positive increases and reductions (see ER); $1.210 billion cash and cash equivalents on hand + high inventory

DRS & Computershare
>~75.4 (18.85) million shares 25% total held by Nov. 30, 2023, ~75.4 (18.85) by Aug. 31, 2023, ~76.6 (19.15) by Jun. 1, ~76.0 (19.0) by Mar. 22 Vs Cede & Co
>
>Previously 71.8 (17.95) M shares DRS'd by end of Oct. 29, 2022, 71.3 (17.825) Jul. 30 22, 50.8 (12.7) Apr. 30 22, 35.6 (8.9) by Jan. 29 22
>and 20.8 (5.2) by Oct. 30, 2021

Unfuddable
>Shorts never closed and there exists more fakes than real shares
>'MOASS' is a matter of time

Further information can found by reading the OP or DYOR!
Reply to this pasta for any confusion.

WGAMI!

Other news/reminders:


>4-for-1 Stock Split - Form of a stock dividend (Record: Jul 18, 2022; Dist. 21st AH)
investor.gamestop.com/node/19826/html
>2023 Proxy Statement: Stock given in comp issued as RSUs that vest in quarterly increments over 4 years.
news.gamestop.com/node/20001/html
>Q3 2023 Earnings 8-K/10-Q
news.gamestop.com/node/20311/html
news.gamestop.com/node/20316/html
>798 pg SEC doc confessions of FIs/MMs/HFs/DCEs/Swaps Counterparties etc on short selling transparency
sec.gov/comments/s7-11-23/s71123-typec.pdf

>100 page comparison DD
https://pdfhost.io/v/05TEEk3U6_MOV_GME_Comparison_Doc

>Legacy links
wallet.gamestop.com
nft.gamestop.com
https://www.gmedd.com/report-model/ (Nov 2021)
>Use archives
Avoid DSPP:
reddit.com/r/DRSyourGME/comments/12pfm9s/
>GME shorted percentage of float as of Jan 15th, 2021: 226.42%
www.rosenlegal.com/media/casestudy/2289_Robinhood%20-%20Initial%20Complaint%20-%20Market%20Manipulation%204835-8623-1514%20v.2.pdf

Please don't feed spammers and sliders.

Theme:
https://www.youtube.com/watch?v=4pZV3UPmXI4

>>58163814
So I guess you guys will baghold for the next 2 decades until it gets delisted like /BBBY/?

>>58163814
Yeah why not make 30 threads about gme

Should I sell my GME?

>>58163979
No, we MOASS in April when RRP hits 0
Just hold a little longer, less than 1 month left

>>58163821
People who held onto bitcoin for a decade seemed to do alright.

>>58163979
If you can buy a nice home in the forest with the gains do it

>>58163984
ladies and gentlemen, for the 37th time, just 1 month left!

Fuck this. I’m selling all my GME for SPXS tomorrow. At least that has a monthly dividend

>>58164019
Post more maybe ill sell

>>58164001
I refuse to believe you guys are not paid shills with how retarded you are

>>58164036
i know you won't sell. hence the mocking

>>58163821
we're nothing like those bbby schizos. ryan cohen knew the board was compromised and bailed as soon as he could. it isn't his fault that they decided to stay. this is a profitable company now with a ridiculous amount of cash. to be honest, these prices are insane and i am going to continue to slurp every chance i can get. bbby went to zero. gme WILL squeeze again. it is inevitable.

>>58164019
Im gonna say something that makes shills piss, shit and seethe
>RRP to 0
>April 2024
>Nick Lewin Confirmed
>Aile Confirmed
>MOASS
>We're billionaires in April
Now watch hedgie plants lose their shit kek

>last time GME was profitable, the price was 4 dollars
Your response baggies?

>>58163874
That's probably the entire reason it went up the past few days. They wanted to drop it hard but if they go much lower than $13 the slurping will be too much so they had to let it rise first.

>>58164055
April 2024 it is.
Happening™

>>58164039
I paid to play and why are you here again?

>>58164074
I’m a pirate. I larp as GME holders in these threads but I don’t own any GME

>>58164054
>last time GME was profitable, the price was 4 dollars, while saddled with debt, the stock had the greatest run up in its history
Your response hedgies?

>>58164068
>>58164055
RRP is the logical play. GME turned out to be a marathon, but although the distance is long there is a finish line. We absolutely will be seeing some fireworks along the way as GME is loaded with far too many anomalies. Wallstreet would 100% orchestrate a pump and dump on GME, yet we have data showing that retail is buying and NOT selling. Yet the price goes down? It makes zero sense. GME even has a visionary goal of revitalizing the company, so it is not merely a brick and mortar. Yet none of these prospects are priced into the stock. No debt. None of it makes any sense whatsoever if you do not account for the systemic short position used to balloon a $10BN portfolio into controlling $65BN of assets. Vampire bit off more than they could chew, and shorting an liquid stock to this level is single handedly the most dangerous move you can make in all of finance. MOASS, and infinity squeeze are the logical repercussions of doing so. We all own what they need to buy, and simply "providing liquidity" is not good enough. They sold what they do not own, and as retail we can demand ownership of our investments. And this is what they cannot procure. Probably NONE of our stocks in anything are anywhere close to representative of what we have bought. We simply have no reason to believe the whole market isn't a fraudulent ponzi scheme. This is what Wallstreet has done. They have been caught, and they all need to go into the woodchipper of justice.

Anyone else think they literally can't let it go below $13 so they'll pump it up 15% one day only to short it 15% AH the next?

>>58164122
This, just need to buy as much as we can at $13 it's literally a free money glitch, no way to lose

>>58163984
May 28th, Consolidated Audit Trail (CAT) starts for T+1 settlement cycles. RRP going to 0 around here would be ideal. before that would be amazing.

>>58164135
>>58164122
Personally im dumping all my 401k in GME tomorrow and taking a small CC loan this week
Hedgies made it too easy for us, they can’t push it below $13

>58164174
>US

Real hodlers always knew that MOASS would happen after a decade of profitability

never in your life would you have a chance to earn this money in your entire life. Even if you had to hodl for another 5 (likely) to 10 years (less likely) you would still be billions of dollars richer than you would have been. Just hold bro.... don't sell now when we're halfway there.... I know it's frustrating the NFT marketplace and the splivvy didn't do anything even though they were hyped up all year, the real true catalyst this entire time has been RRP to 0. We're so close now don't do it. Do not sell. DO NOT SELL. NO CELL NO SELL

>>58164241
This. Just keep buying for the next few years. MOASS WILL HAPPEN

This baggie killed himself today. A moment of silence for him

>be gamestopper
>exist
>shills seethe at your very defiance of their short thesis
Kek it's fun being a GameChud

GME missed hard on the highest quarter for consumer discretionary spend in the last 6 years
SG&A was shaved way too much and has handicapped the business
Simply put, Ryan Cohen flew too close to the sun

See you all at $5

>>58164354
Still not the amount of thousands of crypto baggies that have and the hundreds of thousands of them that are about to kill themselves

>>58164354
>only 68,000 shares

Lmao this stacklet isn't gonna WAGMI

aaaaaaaa
or whatever

>>58164437
How could anyone be comfy after (checks chart) they pushed it back to the price from last week?

>2022: -330m in losses
>2023: +6m in profit
So, 2024 should be in the 9 digit profits?

Why would anyone be upset that the company made SIX MILLION dollars in profit?

>churning 6 billion dollars a year to make 6 million dollars a year

>>58164491
>baggies are unironically this retarded

>>58164492
Ryan is a silly billy for that one

>>58164354
>optionsnigger getting bogged
remoralized

@58164514
Sorry, I am new here, I am from Reddit, my friend told me to join here to learn about GME

>lost 200m in cash
>lost 400m in revenue
>closed 500 stores
>gutted employee benefits
>laid off even more employees
>intentionally short-staff and overwork what employees are left
>stop all capex into the company to better position it in any way
>cut every single corner possible
>turn a whopping 6 million dollar profit
LOL

>>58164522
never forgetti

Anyone think it odd that the government printed 1 trillion today, the day a ship rammed the Baltimore Bridge, the very same day GameStop had a positive earnings report, and the price immediately fell AH to the price it was two days ago before it ran up 15% out of nowhere

Damn, I really thought this quarter would be the one to ignite MOASS... How many quarters has it been now? 13? Three months until the next one...

>>58164605
>Anyone think
let me stop you right there

>>58164651
next quarter is going to be fucking brutal if ryan doesn’t do anything fucking drastic
missing this hard on what’s supposed to be by far their best quarter is brutal
SG&A cannot be cut any further

I wonder what DFV is up to.

Still comfy waitin' and holdin'.

>>58163815
>>58159955
>>58161444
Checked. Thanks fren.

Monday RRP: 473.787B, 74P = 6.403B per (roughly)
Tuesday RRP: 496.062B, 73P = 6.795B per (roughly)

>Q3 23 and FY23 Earnings 8-K/10-K
news.gamestop.com/node/20371/html
news.gamestop.com/node/20376/html

>~75.3 (18.825) million shares 25% total held by Mar. 20, 2024

>>58163815
>REmake save theme
Based.

https://www.youtube.com/watch?v=zSGPoLCY0xU

Holy shit look at the financials. Their profit came entirely from interest on treasury bonds
LMFAO

>>58164678
20% decrease in revenue in what is suppose to be their best quarter. Its over.

>>58164354
If he sold even a portion of those calls earlier in the day, he made bank.

They're just repeating posts from the last thread now.

>they're

it seems my homosexuality has led to some controversy

>>58164725
Thank you baker.

>uh oh guys Q1 for a video game store that lives and dies by cyclical Christmas shopping might be bad
Curtis
get the cobalt

>a P/E of fucking 650 with negative growth is a-ok
bros…

>>58164866
you really demoralized my investment strategy with all those words i didn't understand, it's truly over for me, thank you for showing me the light

no problem!

toohoo tuesday was wild

>>58164893
you might be a saint with all this wisdom you shed for no personal profit, will you pray for me?

no sorry

>>58164939
it's over for me, i'm going to hell forever because i'm poor, truly, i should have converted to judaism