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A comment on “WSB veterans know that they're making a suicide charge for the memes”. Parent comment

Re:“WSB veterans know that they're making a suicide charge f... by djbebs on Tuesday February 02, 2021 @01:10PM (#26004412)
It being a dying company doesnt mean it wasnt undervalued.

Gamestop was being sold below its Net Current Asset Value, that is, if you took all of its cash in the bank and used it to pay off all of its debts, you would have more cash in hand than if you had not bought gamestop.

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Re:“WSB veterans know that they're making a suicide charge f... by tedunangst on Tuesday February 02, 2021 @01:48PM (#26004902)
Not unusual for a company expected to lose money. Yeah, sure, I'd pay $90 for a bag of 100 $1 coins, but not if there's a hole in the bag and half are going to spill out before I get home.
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Re:“WSB veterans know that they're making a suicide charge f... by me_me_me on Tuesday February 02, 2021 @01:19PM (#26004533)
Oh, I see. I stand corrected then.
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