True on the number of upcoming anticipated/projected store closures, but the article cited some negative sales numbers --
"...The analysts also highlighted the significant decline in annual revenue, with hardware and accessory sales plummeting by 28 percent and software sales falling by 15 percent. Additionally, collectible sales have experienced a 3.7 percent decrease, according to Retail Dive. ..."
That said, when POTUS takes the reins again in late January I expect the market in general to bounce back (with notable exceptions like "healthcare"). As I said, I don't follow GME so am not familiar with any propaganda/hit pieces that get lobbed at it, just wanted to report it here as a brief search didn't show anyone brought this up as yet.
They didnt mention the proffit they made,but i agree the company needs to buy something and go different directions, buy buy baby would fit right in.
I expect this year will be a repeat of 4 years ago,with very simiilar spikes in Jan and March. 2017 and 2021 cycle the swaps/ shorts need to be reset or purchased. They company also said they don't anticipate selling anymore shares.
If we have a big run,I will sell my non- drs shares and try to ride the wave,sell high and buy low again.
Looks like a normal hit piece on GME. a lot of FUD, with no facts on how many stores they plan to sell.
They also didn't mention the fact that they have zero debt and 4.5 billion in cash.
Articals like this tell me to buy more. A lot more.
True on the number of upcoming anticipated/projected store closures, but the article cited some negative sales numbers --
"...The analysts also highlighted the significant decline in annual revenue, with hardware and accessory sales plummeting by 28 percent and software sales falling by 15 percent. Additionally, collectible sales have experienced a 3.7 percent decrease, according to Retail Dive. ..."
That said, when POTUS takes the reins again in late January I expect the market in general to bounce back (with notable exceptions like "healthcare"). As I said, I don't follow GME so am not familiar with any propaganda/hit pieces that get lobbed at it, just wanted to report it here as a brief search didn't show anyone brought this up as yet.
They didnt mention the proffit they made,but i agree the company needs to buy something and go different directions, buy buy baby would fit right in.
I expect this year will be a repeat of 4 years ago,with very simiilar spikes in Jan and March. 2017 and 2021 cycle the swaps/ shorts need to be reset or purchased. They company also said they don't anticipate selling anymore shares.
If we have a big run,I will sell my non- drs shares and try to ride the wave,sell high and buy low again.
https://www.reddit.com/r/Superstonk/comments/1hbyto8/gme_has_been_riding_4year_cycles_since_2017_the/
Here is some good DD on the 4 year cycle.