Haha
$GameStop (GME.US)$ webush target gme at 10 dollar per share. The company’s cash balance is 4.2b equalling 10 dollar cash value per share, like all the gamestop store worth completely zero, haha what a joke!
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browny_440 : it's more like 5b
browny_440 : it's more like 5b
johnny1120 OP browny_440 : They haven’t finish offer yet so I go with 4.2 b but yes 5b in the future
TheOracleOfHindSight : THIS… Is a “Balance Sheet” (look it up).
Pic #1 is indeed “Assets” of $5 BILLION…!
Now, look at Pic #2.
Pic #2 shows “Liabilities”…
Ready… Now, Do Math. You Sir, are welcome!
Warren E Buffett TheOracleOfHindSight : thank you for saving me the time trying to explain this to them