Than short it. So let me ask why all of the talent they have hired over the last two years are all taking stock incentives instead of fat salaries? If this thing is dead on arrival, why hasn’t any of the executives cashed in while the price is still 10x higher than it was pre-January 2021?
GameStop is sitting on like a billion of unused capital
I explained that (a) it is not "unused capital," and (b) it is not enough capital.
You just ignore my response to your own point, as if it never happened?
Very dishonest of you.
You want to instead change the subject to giving me stock advice, salaries of GME employees, and stock transactions of insiders.
Why don't you respond to my Working Capital points?
Maybe you can't because your "DD" does not include actually understanding the company. I dunno.
Regarding the employees, maybe the company can't afford to pay much in salaries, so they hope people will work for peanuts and maybe a score on the stock price. The price DOES move up (and down) wildly, so maybe they can catch a move up and cash in.
Why did Aaron Rogers take a chunk of his salary in bitcoin, if bitcoin was gonna crash? Cuz he didn't know that it would. Duh. Insiders have no clue what a stock price will do. That's why they are employees and not full-time investors.
The salaries of the employees and the stock transactions of the execs have NOTHING TO DO with the point you made, or my response to your point.
Why can't you ever discuss anything of substance? Gotta keep changing the goalposts, huh?
Unused? Do you know what Working Capital is?
They have $1.2 billion cash.
They have $1.3 billion in current liabilities.
They lose money at $365 million per quarter, or $1.5 billion per year (and Cash Flow Negative of almost $1.6 billion per year).
All that cash is spoken for, and they will need ... MOAR ... assuming they wanna stay in business.
Plus ... a business model that ... SUCKS. That's why they are "playing games" with the business model now.
I wrote about this almost 2 years ago when the story was hot. Today, it's the same fucking story.
Nothing has changed, except the shorts are no longer in trouble -- especially now that we are in a bear market.
Why do you think the shorts shorted this thing in the first place? Just for kicks?
Than short it. So let me ask why all of the talent they have hired over the last two years are all taking stock incentives instead of fat salaries? If this thing is dead on arrival, why hasn’t any of the executives cashed in while the price is still 10x higher than it was pre-January 2021?
You are the one who said:
I explained that (a) it is not "unused capital," and (b) it is not enough capital.
You just ignore my response to your own point, as if it never happened?
Very dishonest of you.
You want to instead change the subject to giving me stock advice, salaries of GME employees, and stock transactions of insiders.
Why don't you respond to my Working Capital points?
Maybe you can't because your "DD" does not include actually understanding the company. I dunno.
Regarding the employees, maybe the company can't afford to pay much in salaries, so they hope people will work for peanuts and maybe a score on the stock price. The price DOES move up (and down) wildly, so maybe they can catch a move up and cash in.
Why did Aaron Rogers take a chunk of his salary in bitcoin, if bitcoin was gonna crash? Cuz he didn't know that it would. Duh. Insiders have no clue what a stock price will do. That's why they are employees and not full-time investors.
The salaries of the employees and the stock transactions of the execs have NOTHING TO DO with the point you made, or my response to your point.
Why can't you ever discuss anything of substance? Gotta keep changing the goalposts, huh?