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/biz/ - Business & Finance


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18126746 No.18126746 [Reply] [Original]

Rip

>> No.18126758

S

>> No.18126770

>>18126746
Bullish.

>> No.18126785

lol

>> No.18126792

>>18126746
Fucking Gamestop

>> No.18126800
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18126800

>>18126746
>michael burry actually invested in this

the man is great, but this is such a shit move

>> No.18126835

>>18126746
Battle Toads 50% off?

>> No.18126859

>>18126746
It's a shame because my local Gamestop has some great people working there that offer great service. But now they're becoming the next Blockbuster

>> No.18126915

>>18126746
>going to buy a put 2 days ago, decided against it because I'm a fucking moron who knows nothing about the market
>turns out Gamestop goes up in value instead
I wonder if I just do the opposite of what I think I should do, I could make bank

>> No.18126962

Government killed Gamestop.

>> No.18127022

bullish for Ultra, UOS

>> No.18127046

>>18126962
We all killed GameStop in one way or another I suppose

>> No.18127101

This needed to happen 15 years ago. Converting every babbages and electronics boutique left them hugely over saturated.

>> No.18127139

>>18126746
Are you a brainlet? They have been closing 2-5% of their stores for years.

>> No.18127141

>>18126746
wtffffffffffffffffffffff I thought they were essential services???

>> No.18127196

>>18127139
And actually this is bullish.

It reduces their inventory, and improves their cash position. Reduces SG&A, while increasing net income since most stores they close aren't profitable, so their margins increase.

They can even write it down as a non-cash loss to reduce their tax liability.

>> No.18127198

They didn’t sell me CoD world at war when I was 14

Fuck em

>> No.18127293

> targeting GAMERS
You thought this market was bad before? Just wait until they have to deal with the weaponized autism of millions of angry GAMERS.

>> No.18127470
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18127470

>>18127196
yes very bullish with this entire lockdown and them competing with online retailers now.

>> No.18127749

>>18126800
He sold his shares a while ago and made great profit in doing so.

>> No.18127980

Reggie has a history of being with companies that are failing. The most bearish sign.

>> No.18128070

>>18126800

See >>18127749

The guy is a genius, but he's a scumbag con artist. He talked it up so much just so he could drop it on how stupid cult.

This company will be gone completely within three years. Anyone still buying it is either retarded or day trading.

>> No.18128259
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18128259

>>18126746
How could this happen?!?

>> No.18128577

>>18126835
call them and find out

>> No.18128617

I just saw an article touting gamestop stocks... I don't know what to believe anymore

>> No.18128688

>outdated business model

physical stores lol

>> No.18129091

>>18126962
Maybe the real gamestop were the friends we killed along the way.

>> No.18129156

>>18126746
does gamer oppression ever end?

>> No.18129365

>>18126746
All retail except groceries, pharmacies and maybe clothing are doomed, virus is just speeding up the process

>> No.18131090
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18131090

NOOOOO PHYSICAL STORES BAD. YOU CAN'T JUST LOOK AT THE NUMBERINOS! PHYSICAL STORES BAD! AMAZON GOOD!

>> No.18131168
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18131168

>>18129365
Does McDonalds take-away count? They are thriving!

>> No.18131666

>>18131168
Maybe, where I live almost everyone gets restaurant food home delivered nowadays and there's not even a quarantine

>> No.18131919

gme-tards BTFO

>> No.18132027
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18132027

Fml

>> No.18132758

>>18132027
Lmao you have gamestop stocks??? Who tf buys that

>> No.18132787

>>18132027
you must be the fag that tried to shill us them stocks yesterday. hahahaha

>> No.18132836

>>18126746
Why don't they just get a loan from the government?