Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
Ahh, they've refreshed their numbers... at around 4:22pm, yahoo was posting a closing price of 202.44 for a +$0.69 gain on the day. If I'm not mistaken that would have made today the only day this week that GME finished green.
Sure. I guess what I was asking is if it had been .69 up how is a .25% green day going into the weekend a positive sign (other then the very literal meaning). Not being snarky, honestly asking.
If this is true I would expect many others to have this information. I would also expect significant AH activity
Really? I get under normal circumstances up is up. But .25% (had it happened) is a nice gain on a stock like this? Who’s into GME for that?
The share shortage is still real, right? Something like 110M shares are "owned" by institutions, retail, and call options while only 75M exist (and insiders cannot trade their portion of those). That's the story I am hodling onto to eventually create a massive spike in the price due to overwhelming demand for paper.
Weren’t there supposed to be massive moves the past two Fridays? The company itself is worth way less, no offense to Dodds. There was an article saying that they thought the earnings report would be bad because they had announced that holiday sales weren’t good. Honestly, with virtually everyone (the main retailers like Amazon and Target) having really good holidays, anything less than a solid beat on already well lower than prior year’s numbers would be a really bad sign. If you can’t trounce when your main product (consoles along with games for it) was sold out all over Q4 then the “turn around” is all based on fluffy hope. I’m sure the longs will take any change in direction as hopefulness but they are years behind and don’t have a differentiator. When you can walk into a Target, Walmart or online from a dozen places and order everything you can at GameStop, that doesn’t fill me with joy as an investor. It is starting to remind me of CYDY. Hey our numbers sucked but there’s another 10 indications to try.
Yahoo! Finance lists 122% of shares owned by institutions, 167% of float owned by institutions, and 23% of all shares owned by insiders. So yah there's definitely something going on.
So I’m going to be rich in 2 weeks? Sweet!
I'm not fully up on the situation at this point but I don't think people really care about the numbers. I think people holding through earnings are just hoping for any mention of something in the call that could be taken as a pivot to some kind of online future.
More importantly, if you want to see ALL the NFL games, you will need a Prime membership. That could generate enough new members they could conceivably not raise prices and still come out ahead.
Bought this at a bad time ($51.90).
Don’t understand what they could say Tuesday that could send the market into such a frenzy.
“We’re going to put Gamestop...ready for this, my Cohen-a-maniacs?...on the INTERNET!”
I honestly can’t wait and you know it’s going to be a half glass empty or full. It’ll be interesting to see which one wins out. I know one thing, when they announce digital orders they won’t say the amount just the % increase.
All games are already available digitally on my PlayStation or switch. How could GameStop cut in on this?
I meant digital as in web site sales. They made a huge deal about growth in Q3 even when total sales was way down. Web site sales went way up because it’s in comparison to when they did almost nothing online.
Had no idea Xbox1 games could even still be bought another way besides the Xbox store. I just download them on the console.
The only way, imo, would be to have "exclusive" content ....
Yeah, they don't have that much cash on hand considering they haven't been profitable (-$1.1B) the past two fiscal years. I am really looking forward to the earnings call, especially as you mentioned that the only way they can afford to really pivot is to issue stock and let's be honest, what would be the price that institutions would actually pay in a secondary offering of say a billion or two? Do you think they would put the value of the company based on the short squeezed value or a more reasonable amount? Feels like that would break the camels back. Hence why I have no skin in this game. I can't see a real pivot from where they are without thrashing the price.
but also a little 
