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.
Good one.
HODL.