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/biz/ - Business & Finance

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57707569 No.57707569 [Reply] [Original]

>three GME general threads

can we acknowledge how absurd this is
the company should be bankrupt

>> No.57707576
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57707576

and now GME baggies will just be making fun of my gAYY id, great

>> No.57707620

>>57707569
>can we acknowledge how absurd this is
>the company should be bankrupt

Yes, it is absurd. But the company is not bankrupt, it in fact has 1.2 billion cash on hand and has zero debt. Better financials than most banks in fact. This quarter will be GameStop's first profitable year since Ryan Cohen began the turnaround, retail shareholders own 25% of the company through DRS and the shorts still have not closed :^)

honk honk get ready for clown world

>> No.57707628

>>57707620
kek baggie

>> No.57707632
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57707632

>>57707620
>the shorts still have not closed
mmhmm

>> No.57707633

>>57707620
There’s no way this is real

>> No.57707678

>>57707620
>zero debt
>almost a billion in "accounts payable"
>cohencidentally ~1 billion is the amount it raised from diluting at the height of the squeeze
How is this company still not worth billions per share, brehs? Must be the naked shorts.

>> No.57707685

>>57707620
>it in fact has 1.2 billion cash on hand and has zero debt
Fucking lol, I don't even have to open their 10-k to see this that's b8