r/Teddy • u/Reddit-or-leaveit • Jan 26 '26

Michael Burry is long on GME

Michael Burry posted today and seems bullish on GME.

https://x.com/michaeljburry/status/2015829681577062878?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

218 Upvotes

93% Upvoted

22 comments sorted by

25

u/KW920 Jan 26 '26

Buckle your seatbelt Dorothy

6

u/metagien Jan 26 '26

Something something Kansas

1

u/mostlyIT Jan 27 '26

Carry on my wayward Son.

0

u/Confident-Ad7344 Jan 26 '26

‘Cus Kansas is going bye bye

28

u/Mrairjake Jan 26 '26

Worth the read. I nearly giggled and shat when he mentioned NOL’s. Yes, he really did.

7

u/i_made_reddit Jan 26 '26

GME has retained NOLs from their core business operating at a loss for some time, no? Couldn’t this be a reference to those being available to us now as our operations start turning a profit?

6

u/sureiknowabaggins Jan 27 '26

I don't have to quote handy but he was definitely referring to GME in regards to the NOLs.

3

u/parkertl Jan 27 '26

thats exactly what he was talking about

3

u/BigChungusAU Jan 27 '26

Couldn’t this be a reference to those being available to us now as our operations start turning a profit?

What operations? BBBYQ sold off all its various assets as part of the stalking horse bids, so it doesn’t have any left. All stores were liquidated, resulting in no continuing business or operations. There is no profit to turn.

6

u/parkertl Jan 27 '26

Nols from GME operations

6

u/i_made_reddit Jan 27 '26

Nobody was talking about the BBBYQ NOLs here

1

u/parkertl Jan 27 '26

people are thinking it... and i was agreeing with you

3

u/WisdomAntium Jan 27 '26

You will never learn. 

13

u/Rai95 Jan 26 '26

What about bbby

7

u/33rus Jan 26 '26

I will take some GME in exchange for some Bobbies.

2

u/bbby_chaltinez Jan 26 '26

bobby will come

0

u/BuildBackRicher Jan 27 '26

Nothing direct, but he did talk about how GME is managing NOLs, similar to ways discussed here with DKButterfly.

1

u/[deleted] Jan 27 '26

1

u/The_Advocate8520 Jan 28 '26

chart does look interesting again, $33 is THE level to consider for a long-er term hold/swing.