Re:20k federal workers take "buyout" so far, official says
by im3w1l on Wednesday February 05, 2025 @09:33PM
(#42958320)
I'm not saying you are wrong, but GME is an interesting contrast. Despite delusional investors they didn't manage to make anything of it.
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Re:20k federal workers take "buyout" so far, official says
by adastra22 on Thursday February 06, 2025 @12:13AM
(#42959317)
They're still around. Remember they were shorted because they seemed on the verge of bankruptcy..
Re:20k federal workers take "buyout" so far, official says
by im3w1l on Thursday February 06, 2025 @12:41PM
(#42964647)
More zombie than thriving though.
Re:20k federal workers take "buyout" so far, official says
by adastra22 on Thursday February 06, 2025 @02:04PM
(#42965411)
Fair enough. They were able to exploit it with a massive share offering at a high price, which not only got them in the black but set them up with considerable holdings sufficient to survive the next downturn. So they're not going anywhere. But yeah, I don't think they have any ideas for future growth.
They should have used that money to buy GOG and go into digital distribution competing with Valve & Epic, or something like that.
But then again, so many stable companies get pushed by their investors to make big ambitious bets, then go belly-up. I kinda got respect for them just focusing on a good brick-and-mortor game buying experience.