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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment
GameStop just also got $100M-$1B in free advertising (maybe someone in the ad biz could weigh in with a better estimate on that).
If the GameStop management allocates their newfound wealth well, this stock is just as likely to perform as well as any other $25B company.
They could do something like sell $2B in fresh capital and invest it in a slew of gaming startups, who then suddenly have distribution figured out.
Lots of creative ways they can not squander their windfall.
I know nothing about their management, but have seen many many people get a double and then hit a grand slam.
All comes down to the management.
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GameStop just also got $100M-$1B in free advertising (maybe someone in the ad biz could weigh in with a better estimate on that).
If the GameStop management allocates their newfound wealth well, this stock is just as likely to perform as well as any other $25B company.
They could do something like sell $2B in fresh capital and invest it in a slew of gaming startups, who then suddenly have distribution figured out.
Lots of creative ways they can not squander their windfall.
I know nothing about their management, but have seen many many people get a double and then hit a grand slam.
All comes down to the management.