/biz/ - Business & Finance

>>23201937

Narratives for GME holding DISPROVED:

A)
Short Squeeze:
Already happened, and yet even at a 70% pump in a single day, shorters didn't close out the majority of their positions. Why? Because they have king kong bags and know that the stock is a piece of shit that will eventually fall, just like all the short term fomo retards know it is. Everyone knows it is going back to near zero, and after thursday, their resilience is only reinforced.

B)
Muh Deep Value:

Wrong. JC Penny, Blockbuster, Toys R US, the list goes on and on. Brand loyalty is a thing of the past. The online marketplace killed it, if there was brand loyalty, these companies would not be in distress to begin with, But ultimately it comes down to price.

GameStop moving forward would need to compete with the last surviving brick and mortar retailers who bring in customers who only head to the mall physcially maybe once a month post covid, and will pick up a disk at best buy, walmart or target where they can get other items as well.

These will be huge consolidated stores which will capture vacated market share and outspend GME on marketing and promotions.

Digitally they're up against amazon or the console makers/ steam, whos economies of scale present no contest.

C)
Liquid Cohen wants to acquire it and turn it around!:

He did. At 2 or 3$ a share. He doesn't have the bags or the interest to take a dying piece of trash like GME up against amazon at 14$ a share.

The deal with MSOFT is an act of desperation, and will only poison the plans he had for the company to help mngmt maintain control.

D
Cooom:

Nihilistic self hatred and cat memes will take me to the moon pajeet shitcoin shill style.

t. I hate money

or

Open short position and make some $$$

>>23154182

Get cucked then idiot. The dark lord accepts your greed for his wicked tribute. All yours gains will belong to him soon. None now have the power to stand against solid.

>>23151671
>>23151658
>>23151653

All according to plan anon, all according to plan.