kenny54
5 hours ago
The next quarter will include the Christmas season sales, and will be the historical best time of year for GME. They are on a great trajectory, no debt , 4+ billion in cash , new products, new Director ,all good news from here!
Jimmy Joe
5 days ago
Slim, already did my analysis, but thanks for that biased post.
The Company holds a MASSIVE cash position, greater than some of those naked shorting $GME.
Slim, what happens if $GME goes to $100 or higher and RC decides to do yet another ATM and put more cash in the coffers for his plans~?
What is it now~? $4.2 billion~? $GME does another ATM for 40-60 million shares at $100/share.
Bottom line here, $GME IS NOT GOING BANKRUPT ANY TIME SOON. 10 years maybe~? 😸😹😸
Good luck with the narrative Slim.
😸😸😸
Slim6
5 days ago
Yes, good question. You can take into account the $4 billion in cash, but also need to take into account the $1.1 billion in liabilities. The company only has net cash of $2.9 billion and it is shrinking because it only comes from dilution events. But lets say it is $2.9 billion today. But over time that cash is discounted.
Let's say the annual discount rate is 6%. (I am being quite optimistic, because in the past their outstanding number of shares have gone up by more than 6% per year, so truly I am overly optimistic). If they bring in $0.20 per share in free cash flow from operations (they haven't demonstated this, but let's again be optimistic). And say the company's revenue is growing by 5% per year (it is not, but I'm again being optimistic).
Then the 10-year discounted cash flow valuation shows that the company is worth $2.85 per share from the operations over the next 10 years and $2.55 projected remaining value at 10 years.
This optimistically says the total value of GME is $5.40 per share presently. Beware.
Saving Grace
5 days ago
December 6, 2024 GameStop Stock Rises 7% After Keith Gill’s Social Media Return
Keith Gill's modified Time Magazine cover post caused immediate price movements in both GameStop stock and crypto markets, demonstrating his continuing influence over market behavior.
Keith Gill (Roaring Kitty) posted a modified Time Magazine cover, causing GameStop stock to surge 7%
The post featured cryptic numbers “69” and “420,” triggering market movement
A Solana-based GME meme coin jumped 72% within three minutes
GameStop stock trading was temporarily halted after reaching nearly $31
Shorts are about to be seriously crushed again!
GameStop’s stock price responded swiftly to Gill’s post. The share price increased by 7% to reach $28.93, with an initial spike approaching $31. The sudden price movement triggered a temporary trading halt, as reported by Nasdaq Trader. This price action adds to the stock’s recent performance, showing a 26% increase over the past month despite a 5% decline in the week prior.
https://pbs.twimg.com/media/GeDlgozW4AAK7J1?format=jpg&name=900x900
https://x.com/TheRoaringKitty/status/1864742787197116887
Slim6
6 days ago
Dude, the number of shares went from 305 million to 427 million. That is huge dilution!!
The company has a market cap of around $12 billion. They should be bringing in at least $600 million per year in net income, but instead they are not even bringing in $60 million per year. They are not even bringing in $6 million per year. They are not even breakeven! The company is intrinsically worth less than $5 per share. Do some fundamental analysis. Look at the dilution rate. It is far faster than the organic increase in book value. The dilution is increasing far faster than revenue (obviously because revenue is declining, lower than prior year, lower than 2 years ago). With this dilution, what intrinsic value would you put on a current 1 million shares of stock? Be honest.