Fully Loaded ๐ โ
$GameStop(GME.US$ Both my TFSA and my RRSP are fully loaded with GME after this beautiful dip. I can't buy anymore shares.
I strongly believe in Ryan Cohen's ability to turn this ship around with no debt and the $4 billions on hand. I LOVE THIS STOCK!
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MomentumPython1337 : 4 billion? where did you see this number?
the last financial report only shows 1 billion cash and equivalents
RumRation OP :
TheClownPrince MomentumPython1337 : Unlike your last post this information is public information.
MomentumPython1337 TheClownPrince : multiple sources all saying around 1 billion cash and equivalents.
i don't know how they get the 4 billion number it is not what they have right now. net cash means very different things from cash on hand. net cash could be they have 1 billion cash and 3 billion in assets or other things which are not liquid things like the shops they own or the inventory those are not liquid you can't just sell them immediately to get the money
anyway the cash is still 1 billion and I'm still not convinced what you could achieve with that unless you completely change industries and go for something else that's going to take years to achieve so yeah good luck
RumRation OP MomentumPython1337 : Were you sleeping when they did multiple Share Offerings raising 4 bil? Sure it diluted the share value but nobody raises that much money without having a plan on how to invest it. I'm super bullish on GME, they could almost buy Valve at this point.