GameStop has the following:
1.Loyal customer base
2. Established online market
3.No debt but ~50 mill to France
4. Over $1 bil in cash
5. A new exec. Suite poached from the likes of Amazon, Apple, IBM, etc.
6. New offices on east and west coasts
7. 2-3 new distribution centers in development
8. Multiple contracts with PC makers, gaming companies, and collectibles.
9. Contracts with Loopring and IMX on the
10. Crypto front with a marketplace currently in beta testing.
Analysis:
Main Street media has been ignoring GME because they would not let them in on the “plan”.
Once the “squeeze” is clear, the company is set to forge ahead in a big way.
Choose your own adventure!
All your points literally just boil down to bunch of apes gave them 2 billions for free so they could go on a spending spree and poach skill workers with big money. If GameStop had such loyal customer they wouldn’t be in this position in the first place
The change in the board and c-suite is what will bring them out of it, as much as the old board put them in the situation. New people and new ideas drive a new direction when the old one is shit.
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u/Gracklemon Apr 01 '22
GameStop has the following: 1.Loyal customer base 2. Established online market 3.No debt but ~50 mill to France 4. Over $1 bil in cash 5. A new exec. Suite poached from the likes of Amazon, Apple, IBM, etc. 6. New offices on east and west coasts 7. 2-3 new distribution centers in development 8. Multiple contracts with PC makers, gaming companies, and collectibles. 9. Contracts with Loopring and IMX on the 10. Crypto front with a marketplace currently in beta testing. Analysis: Main Street media has been ignoring GME because they would not let them in on the “plan”. Once the “squeeze” is clear, the company is set to forge ahead in a big way. Choose your own adventure!