Re:GameStop Is Rage Against the Financial Machine
by throw0101a on Thursday January 28, 2021 @01:19PM
(#25946279)
IMHO it's a bull case as long as option contracts still need to be filled.
Every company (and stock) works under changing circumstances: regulatory changes, competition, technological innovation, economic/financial circumstances (economic prosperity, rate environment), etc.
Just because a bull case may not exist for GME-as-ownership-unit, does not necessarily mean a bull case does not exist for GME-as-contract-closure-instrument. If you want to focus on GME-as-ownership-unit, as a share in a retail business, that's perfectly valid. But that's not the only perspective.
Right now there's a bull case for GME(-as-contract-closure-instrument): that may not be the case in the future. But that's no different than any other commodity (IMHO).
Every company (and stock) works under changing circumstances: regulatory changes, competition, technological innovation, economic/financial circumstances (economic prosperity, rate environment), etc.
Just because a bull case may not exist for GME-as-ownership-unit, does not necessarily mean a bull case does not exist for GME-as-contract-closure-instrument. If you want to focus on GME-as-ownership-unit, as a share in a retail business, that's perfectly valid. But that's not the only perspective.
Right now there's a bull case for GME(-as-contract-closure-instrument): that may not be the case in the future. But that's no different than any other commodity (IMHO).