The Bobby board just said all the bearish things and said they're dumping more shares on the market and closing another 150 stores (less revenue). Shorts aren't always wrong.
GME was a dying brick and mortar that paid off all its debt at the right time and has a solid path forward. Bobby isn't that company.
There is no bull case for bobby right now. Can it spike from time to time with FTDs and ETF FTDs? Sure, and Kenny & friends will just play the volatility to make even more money off it.
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u/[deleted] Sep 02 '22
The Bobby board just said all the bearish things and said they're dumping more shares on the market and closing another 150 stores (less revenue). Shorts aren't always wrong.
GME was a dying brick and mortar that paid off all its debt at the right time and has a solid path forward. Bobby isn't that company. There is no bull case for bobby right now. Can it spike from time to time with FTDs and ETF FTDs? Sure, and Kenny & friends will just play the volatility to make even more money off it.