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/biz/ - Business & Finance


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18801147 No.18801147 [Reply] [Original]

Why the fuckkkk is GME doing so well during this crisis

>> No.18801189

Fucking cringe off yourself you stupid normie

>> No.18801279

>>18801147
They are liquidating stores. Their earnings are up, but revenue is down. They are shrinking as a company. These kinds of earning bumps are temporary, because you can only sell your stores and make money off them one time. Its not really a buisness anymore, its just a bunch of assets that are being sold. They are just making money, because they are selling their assets.

>> No.18801331

>>18801279
So should I be buying in???

>> No.18801455

>>18801279
You also missed the fact that liquidating stores should improve margins as you usually only keep the ones that make the most money. So even if they are slowly dying they should have solid earnings in the next few years.

>> No.18801515

>>18801331
Only if you want to lose money

>> No.18801533

>>18801189
You know we are anonymous right you don't have to try so hard to fit in

>> No.18801678

>>18801533
I unironically agree with this dude though. I don't understand why of all stocks we could talk about outside of stock market general, this one in particular needs to have a thread every fucken day. At this point what more needs to be said?

>> No.18801704

>>18801147
Michael Burry

>> No.18801734

>>18801704
You don’t think he sold?

>> No.18801762

>>18801734
He may have, I'm not sure. We literally have to wait on SEC filing to see

>> No.18801854
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18801854

I thought my 5/1 puts on this shit were EZ money

>> No.18801921

>>18801854
jesus...

>> No.18801969

>>18801854
Dude you are betting against christian bale, the motherfucking batman, of all people.

>> No.18802001

I just want this short squeeze to not happen