With a market value of $4.92 billion GME is almost risk-free. The balance sheet showed assets as high as $3.40 billion. If you add the net positive cash flow which was about 850-900 million you end up with a valuation of $4.30 billion. I know this calculation for valuation is more than simple. You could add discounting of future cash flows or add future business potentials in calculations. But we don’t have to because it is so obvious a buy. This is ridiculous cheap.
And the most bullish part is that there is a ‘cult’ of hundreds of thousands of die-hard fans that keep buying the living shit out of this small-cap company and removing shares from the DTCC.
It may go lower, I recommend you visit old.reddit.com/r/superstonk to do research beforehand.
Thanks for the link.
What if it went all the way down to 11.3? 😉
u/#q26