GameStop: From Meme Stock to Value with Upside. An incredibly positive article with detailed analysis
  • 1 points Superstonk_QV

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    To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.


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  • 259 points Gruntfuttock69

    “meme premium” - just fuck the fuck off!

    “and a recent distribution of warrants that GameStop distributed as a short-squeeze strategy that failed” - just fuck the fuck off!

    “Obviously, when the Warrants were distributed in early October, this did not work, and instead GameStop has been in a slow decline as this crackpot theory failed” - just fuck the fuck off!

    “or if the meme-stock craziness just comes back” - just fuck the fuck off!

    “Disclaimer: Not financial advice. Do your own research”.

    https://preview.redd.it/p9xqa9ee0v7g1.jpeg?width=1157&format=pjpg&auto=webp&s=5b8953fd9108157477601b62fcf0a9c58a9ac633

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    28 points Enrichus

    It's like complaining about food that hasn't finished cooking yet. We're two months into the full year they're active.

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    22 points welp007

    Came here to say the same “fuck right off”

    https://preview.redd.it/p4w2qjnd9w7g1.jpeg?width=946&format=pjpg&auto=webp&s=14de93e82faff60dc310b04f1e26969f98c12f02

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    31 points Defiant_Shallot2671

    Hahaha perfect

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    6 points Karakunjol

    https://preview.redd.it/gvnww799lx7g1.jpeg?width=724&format=pjpg&auto=webp&s=8b1facb75705cca2eabe1940a31f4c5014ac9434

    Garry at it again huh

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    1 points keyser_squoze

    I mean, I think “Just Fuck the Fuck Off Guy” is not a bad Flair for you OP… though if you tell me to do that as a result of this suggestion… well I guess you’d be proving me right.

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    1 points Gruntfuttock69

    I wouldn’t say that to you, Squoze😂. However apparently the flair I do have (which has been in place since RC said it) is seen as the hallmark of a shill account now 🤷‍♂️ . So I may just take you up on your suggestion 👍

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    1 points wannabezen2

    Forgot about that asanine video. SMH.

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    3 points Gruntfuttock69

    Did you forget to forget GameStop, though?

    https://preview.redd.it/bprgtj3os08g1.jpeg?width=917&format=pjpg&auto=webp&s=7fd1102de639c7742f1ecad9e0e8683bf28c49a7

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    -17 points Soysaucewarrior420

    way to add to the conversation

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    -20 points Gareth-Barry

    Yea he’s obviously ignorant on the short thesis and the financial derivatives side, but still a good fundamental analysis

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    -22 points 9829eisB09E83C

    I mean, it’s all true, but you’re just mad at facts.

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  • 55 points Mrairjake

    Ya, this is a “positive” article, hidden in a fud article.

    Roaring kitty’s tweets and live stream last year absolutely did not raise the price of the stock. He actually proved this by coming onto the stream late. Furthermore, If you look at his initial tweet, the stock had already began to run.

    Investors on superstonk, and other retail investors have not given up on the stonk, also easily proven by the drs numbers.

    The warrants were not specifically written to cause a short squeeze and nobody is viewing the warrants as a “failure” lol. Ffs, they were just issued recently. This dipshit is saying that because the stock didn’t immediately increase, they failed.

    Fuck all the way off with this “author”.

    🤡

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    17 points The_vegan_athlete

    Yep, this post is subtle FUD

    And warrants are a poison pill against hostile takeover, like ATM offerings. They didn't fail, they worked and were probably advised by Icahn.

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    1 points doodaddy64

    I've been reading about Icahn and he doesn't seem like the type to given advice to help anybody but himself. He'll justify any bad behaviour as if he's a white knight but there is no sign of it.

    If anything keep in mind that Icahn still has a major problem with his IEP stock. He either lost (and tried to hide) billions or he has "some big play in GME that he's playing dead for."

    I'm guessing he's not the good guy.

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    2 points nicky94

    To attract real investors - insights have to be given with bull & bear cases otherwise it just reads like an advertisement / somebody pumping their longs.

    Come on people.

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    -10 points Gareth-Barry

    Yea he’s obviously ignorant on the short thesis, DRS, and financial derivatives, but still a good fundamental analysis

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  • 30 points Gareth-Barry

    TLDR:

    https://preview.redd.it/myy1eue5yu7g1.jpeg?width=1284&format=pjpg&auto=webp&s=4784e259d5d4366fe1fd4649ce59af1e65a7268a

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    17 points krisoijn

    We? I don’t even know you! I just like the stop.

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    4 points DiogoJota4ever

    I just like the slop.

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    5 points cibiab

    I like to pop my top

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  • 3 points Chad-Permabull

    This is the critical piece where strategy meets execution. To date RC has successfully executed three separate GameStop turnarounds from brick and mortar to e-commerce to digital gaming to brick and mortar. He can’t stop, won’t stop executing and it’s inevitable GameStop will be the market force as the primary brick and mortar destination for trading Pokémon cards.

    That’s not just a meme stock. That’s a strategic moat around a niche service offering.

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  • 7 points Zzzaxx

    Holy Shit I love RCEO, this is brilliant.

    I know how the MOASS starts

    I just realized that the constant whine about revenue decline is answered by power packs. It annoys us because we're profitable, idgaf about revenue... but everyone else lives and dies by it.

    As we all know, we have a shitload of cash, profitability, and free cash flow, so we're worth the current eps multiple (plus the billions in cash) and generally a healthy turnaround with some upside.

    Power packs gives GME the opportunity to drop a GBU-43/B MOAB on the market come next quarterly revenue numbers.

    A key point mentioned in the write up is GME recording every sale of power packs, including all the low value buybacks that get recycled, meaning they get to record revenue multiple multiple times per set of cards, with a 6% nearly total profit on every buyback, plus paying only 90% face value for the card back to then be sold again and again and again.

    Revenue is going to be so immense, because when you throw $100 into powerpacks, you're going to buy, sell back, buy, sell back, buy, sell back until you have no value left or you hit the jackpot. So GME is recording revenue on that same $100 like 5-6 times maybe more!!!

    Even with the 90% value buyback and 6% fee you could be looking at that one $1000 sale being recorded at almost $6000 in revenue over the course of half a dozen buybacks, and repurchases.

    The revenue and income are not being disclosed separately on GME earnings, but according to this guy the income hasnt been considered material as it doesnt comprise 10% of their operating income. (Admittedly that video is a fucking snorefest, but very informative)

    Net income from the powerpacks joint venture are estimated by this guy to be $1.1m-4m just in beta.

    Once this next quarter is reported, my bet is we hit the threshold harder than anyone could imagine and blow revenue out of the water and eps through the roof.

    I'M JACKED TO THE TITS!!!

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    6 points PornstarVirgin

    The 6-7 is the percent revenue GameStop receives. Not the rest of it. At least on this most recent earnings.

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    -2 points himynameshassan

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  • 4 points Delangsta

    I love how he broke down the potential of Power Packs in the future. It'll be an insanely large goldmine for us if it works out, and chances are decent that it'll work out!

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  • 3 points DeepDragonfly7945

    Bullish 🐂

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  • 1 points EvolutionaryLens

    RemindMe! 5 hours

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    1 points RemindMeBot

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  • -8 points oneOZone

    So the question is, when will we see value and the upside. It's coming up on 5yrs for us

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    9 points Soysaucewarrior420

    its only been 5 years because of the value and upside. Gamestop was that far underwater.

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    3 points The_vegan_athlete

    Why do you say "us"?

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    2 points DeepDragonfly7945

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  • -1 points keyser_squoze

    POS article. Dumb human slop.

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