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.
Help smooth brain out. I purchased my shares directly from Computershare in my own name. I thought they were already "booked". Do I need to do the book procedure, or does this only apply to those in an investment plan?
It has been discussed that leaving shares in "plan" leaves them with Computershare's Broker, Dingo & Co, and that they can still be lent out. Once they're in "Book" they're withdrawn from DTCC and in your name.
You'll go into computershare, click details, click Terminate plan, click yes. Then go into activity, click on Pending transactions, then cancel the sale of your fractional shares. Then all whole shares will be in Book, and fractionals remaining will be in Plan.
Done, thanks. Worked as you described.
onward and upward. can't wait to see what happens when we lock that bitch up