Time to short GME on Friday
Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.
Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.
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Jan 28 2021, 05:52 PM
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#1
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Junior Member
109 posts Joined: Feb 2015 |
Time to short GME on Friday
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Jan 28 2021, 06:08 PM
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#2
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Junior Member
109 posts Joined: Feb 2015 |
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Jan 28 2021, 06:24 PM
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#3
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109 posts Joined: Feb 2015 |
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Jan 29 2021, 01:02 AM
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#4
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109 posts Joined: Feb 2015 |
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Feb 1 2021, 06:40 PM
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#5
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109 posts Joined: Feb 2015 |
QUOTE(Liamness @ Feb 1 2021, 03:53 PM) That is one way. Another thing Game Stop can do is issue dividend payout to share-holders. Could you entertain me on how GME made billions overnight from the sharp appreciation in share price without having issued any new shares? How does this translate into cash inflows to the company’s balance sheet?Since why the heck not right? How many billions have they made overnight. Then, they can go and take a couple billion dollar loan to expand the company operations. This is all covered by the stupid hedge funds now stuck with their hands inside the cookie jar without any easy way to get out. Game Stop should 1) Issue more shares, 2) payout dividends. & 3) take a couple billion dollar loan to really grow the company and secure its future. They are expanding into online retail now. Close down brick & mortar stores, balance the books, and on-top of that, have billions of dollars in cash reserve. This is what all the big companies like Apple, Amazon and Google all have and do. If I were game stop CEO, I'm so optimistic about the future right now. |
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Feb 1 2021, 08:15 PM
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#6
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109 posts Joined: Feb 2015 |
QUOTE(AllnGap @ Feb 1 2021, 06:45 PM) owners can mortgage shares to banks for money. Yes shareholders can obtain margin financing using the shares. But this doesn’t explain how the company can make billions and use it to pay out dividend.infact all billionaires they dont sell their shares because they get taxed on the profits they made so lets say their shares are worth $1, they can borrow lets say 60% of that amount for the company to use. so the stock price does impact the loan amount from banks |
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Feb 1 2021, 11:27 PM
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#7
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109 posts Joined: Feb 2015 |
QUOTE(Liamness @ Feb 1 2021, 11:15 PM) Game stop bought back their own shares at $5 back in 2019. You are right that GME repurchased close to 40 million of own shares at around $5 back in 2019. However, those shares were immediately retired so they no longer hold them. The only way for GME to benefit from the surge in share price is to issue new shares.They own 30-40million of their own shares. If they sell it on the open market, that is almost a 10 billion dollar position. They can use the stock right now as collateral and get a loan. Just like Apple do. Take a low interest rate loan and go from there. |
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Feb 1 2021, 11:27 PM
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#8
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109 posts Joined: Feb 2015 |
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Feb 2 2021, 01:39 PM
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#9
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BBB UUU?
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Feb 2 2021, 10:55 PM
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#10
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BBB UUU?
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