Re:u/DeepFuckingValue and the GameStop Reddit mania
by sfblah on Friday January 29, 2021 @11:42PM
(#25966146)
I'm not sure anyone cares, but the way to think about this is simply to ask if you would own GME at $300 a share if you had to hold it for the next 20 years. The answer is just obviously no. You'll never receive anything remotely close to that in dividends from the company. It's just a mania.
[ Parent
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Re:u/DeepFuckingValue and the GameStop Reddit mania
by j2bax on Saturday January 30, 2021 @12:11AM
(#25966347)
Why not? Gaming/hardware is a massive industry. They have enough brand recognition to take a slice of it if they make the right moves.
Re:u/DeepFuckingValue and the GameStop Reddit mania
by me_again on Saturday January 30, 2021 @01:50AM
(#25966878)
They don't have a moat. What can they do that Best Buy can't?
Re:u/DeepFuckingValue and the GameStop Reddit mania
by j2bax on Saturday January 30, 2021 @07:03PM
(#25974333)
They are getting a hell of a press boost. Watch next earnings based on that alone. Also, is there no room for an amazing online retailer of computer/gaming hardware and accessories? They definitely aren’t that yet, but with some dudes from Chewy joining the board, I don’t see why they couldn’t put all this together to make a splash.