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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 sandworm101 on Tuesday February 02, 2021 @01:24PM (#26004596)
>> On their current trajectory they will go bankrupt, but it could take years.

A company with declining revenues, but lots of cash on hand, is ripe for takeover and liquidation. That places GameStop right alongside the quintessential takeover target: New England Wire and Cable. That was a good movie. Whether from bankruptcy or takeover, this could be the last party for GameStop.

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Re:“WSB veterans know that they're making a suicide charge f... by Centigonal on Tuesday February 02, 2021 @01:51PM (#26004950)
Kieth Gill (AKA u/deepfuckingvalue AKA Roaring Kitty), the original GME bull on WSB, mentioned a PE takeover as a potential exit in his first GME video in July 2020

[1] https://www.youtube.com/watch?v=GZTr1-Gp74U

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Re:“WSB veterans know that they're making a suicide charge f... by wp381640 on Tuesday February 02, 2021 @04:03PM (#26006607)
They’d be silly not to wait for it to go bankrupt and purge the huge lease obligations and debt
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