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Stock Thread (13 Viewers)
- Thread starter St. Louis Bob
- Start date
McBokonon
Footballguy
So I’m a customer at Chewy. I have two dogs, both old, and I have autoship set up for food and meds.
Tell me how this recurring revenue is going to be duplicated at Gamestop.
David Dodds
Administrator
I don't think they will issue more stock now. Right now they have the biggest cheerleader on the planet (WSB). Issuing more stock crushes your biggest supporters at a time when you could use them staying relevent.
I think the next steps are:
1. Call back the shares for key votes for the upcoming shareholder meeting. This stops all of the shorting games. The fact that an ETF with Gamestop in it has 200+% short interest is just insanity.
2. Announce a new vision/future, complete with new people ready to execute.
3. Fair price on the stock could easily be $100/share if they do these two things above.
4. Only after they get proper stock price, they issue more shares to fund the vision.
KGB
Footballguy
David Dodds
Administrator
They have not released their vision so I would be guessing at what Ryan Cohen is planning. I believe in his ability to craft a team to win the gaming community. I think their 55 million user database is worth more than the current valuation. For me it's that simple. Once they release their vision, it will get properly evaluated. If it's dumb, the stock tanks. If it's brilliant, most will still wait for execution. As others have stated, Amazon could crush them, etc.
But no one literally has a read on what Ryan Cohen is doing, but he now has a lot of GME (15% and counting I believe). I believe in Ryan Cohen. That's all I have. Well that and diamond hands.
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KGB
Footballguy
https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
This is a good link if youd like to track WSB interest.
KGB
Footballguy
BTW,. disregard the tickers ROPE and SEARS if they ever show up. they are just Meme'shttps://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
This is a good link if youd like to track WSB interest.
Desert_Power
Footballguy
KGB
Footballguy
I'm anti GME, but with their user base, they can be the next twitch, tournaments, all types of stuff we havnt thought of yet.Or just sell a monthly pass that allows you to download basically any game
KGB
Footballguy
KGB
Footballguy
I'm anti GME, but with their user base, they can be the next twitch, tournaments, all types of stuff we havnt thought of yet.
BassNBrew
Footballguy
KGB
Footballguy
Like I said, I do NOT believe in GME. But This new guy will change the company. Dunno how yet. Dunno if they will be a hit.
BassNBrew
Footballguy
hooter311
Footballguy
GME already has deals in place for revenue sharing on online content. Their online margins are probably a lot better considering how little overhead they require.
I don't own any shares and won't be owning any for the foreseeable future, but I do believe there is a path to success here.
I don't own any shares and won't be owning any for the foreseeable future, but I do believe there is a path to success here.
Bossman
Footballguy
How about this for a GME business model ...
A streaming game service with all your favorite games ...
but also EXCLUSIVE games that you can only play with a subscription to their service.
Could you imagine if GME held the rights to the next Call of Duty or Fortnight?
How many subscriptions would they have then?
No need to own the games or have enough storage to hold the games ... just like we no longer own movies.
Gamestop would be the Netflix of the gaming world
A streaming game service with all your favorite games ...
but also EXCLUSIVE games that you can only play with a subscription to their service.
Could you imagine if GME held the rights to the next Call of Duty or Fortnight?
How many subscriptions would they have then?
No need to own the games or have enough storage to hold the games ... just like we no longer own movies.
Gamestop would be the Netflix of the gaming world
Nick Vermeil
Footballguy
I’ve written this before but I don’t believe this is possible. The platforms themselves sell their own exclusives and all the major publishers have their own desktop clients. GameStop would have to buy a major publisher or two in order to compete with exclusives. I don’t see it happening.
McBokonon
Footballguy
I can get the controller at Target or Walmart instead while I’m also getting eggs and sweatpants. (I like to try on my sweatpants before I buy them)
randall146
Footballguy
The idea that Gamestop just needs to retool and relaunch as something new seems alot like
1. Take underpants
2. ??
3. Profit
Sure, they have a database of customers, but it's largely outdated, and Sony, Microsoft, Nintendo, Twitch, EA, Ubisoft, Rockstar etc, all have better current lists and direct daily relationships with their customers.
1. Take underpants
2. ??
3. Profit
Sure, they have a database of customers, but it's largely outdated, and Sony, Microsoft, Nintendo, Twitch, EA, Ubisoft, Rockstar etc, all have better current lists and direct daily relationships with their customers.
cosjobs
Footballguy
2Squirrels1Nut
Footballguy
beef
Footballguy
I started a TQQQ position yesterday and added more this morning. 
CR69
Footballguy
IIRC, that revenue sharing model was actually terrible for them. It was a tiny slice (and only on consoles they sold) but they agreed to buy a bunch of hardware and services from Microsoft to even get it. I remember reading it was going to be profitable for Microsoft, not GameStop.
ConstruxBoy
Kate's Daddy
CR69
Footballguy
People still wear underwear? I guess my quarantine has been more exciting than most.
randall146
Footballguy
ChiefD
Footballguy
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jamny
Footballguy
ChiefD
Footballguy
Bob Sacamano
Footballguy
It was. They never announced the deal and the partnership was a lame (IMHO) attempt to make it look like more than just a company buying stuff from Microsoft. They never announced anything but it was clear that the PR was misleading. There were actually rumors that they had the same deal with Sony but I don’t believe any proof was ever provided. GameStop has been closing stores and losing traffic so why give a slice to a retailer that’s no different to Target and Walmart. The only reason why there was a rush to GameStop for PS5s us because they were sold out everywhere.
NajehHejan
Footballguy
Is ti safe to check and see what the market is doing? Was kind of hoping for a spoiler in here.....
beef
Footballguy
Same here. Trying to get an extra point is going to cost me points or keep me in longer.
fruity pebbles
Footballguy
10 year yield exploding upwards
McBokonon
Footballguy
JAA
Footballguy
beef
Footballguy
I don't think we'd be as disappointed if TVIX were still alive. VIX up 6, UVXY up <3. It's a half leverage, not 1.5.
VIX not up 6 anymore. That changed quick
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David Dodds
Administrator
I bought AMC hard between 7.10 and 7.40. Rocketship time. I will start selling at 8.00 and wait for the next big push trying to lower it and rinse and repeat
