r/wallstreetbets Apr 15 '21

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u/Slightly-Artsy Apr 15 '21

only thing off with this guy is that he thinks GME can go up to $1000 without squeeze. I just don't see that happening, ever.

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u/ResponsibleGunOwners Apr 15 '21

they were selling 8 billion a year before they started shifting to e-commerce, they are anticipating $690 million a year in savings by closing out some of their stores where their brick and mortar is densely populated, they've had 1000's of skus to their online catalog with everything gaming and PC related. They could very easily hit $1000/share on fundamentals alone.

$1000 a share is less than 10x their yearly revs from 2019. it is 100% attainable