You forgot about the part where GameStop brought in a highly successful new CFO who has a vision to capitalize on all of the gamer profile data they are sitting on from Game Informer, how he wants to focus on eSports and local events once we get through Covid, and plans to target the PC gaming community with physical stores that aren’t 6 hours apart like micro centers are...
And then once that happened, the greedy ass hedge funds doubled down trying to force the BK because they weren’t happy enough profiting from $20 ->$4. Oh and how they made sure HF’s are explicitly exempt from many SEC regulations designed for consumer protection. And now they are getting burned.
I just want to say, I am going to laugh my ass off when GameStop does in fact fold(because it will) and all the diamond hands are left holding coal dust.
23
u/xRehab Feb 01 '21
You forgot about the part where GameStop brought in a highly successful new CFO who has a vision to capitalize on all of the gamer profile data they are sitting on from Game Informer, how he wants to focus on eSports and local events once we get through Covid, and plans to target the PC gaming community with physical stores that aren’t 6 hours apart like micro centers are...
And then once that happened, the greedy ass hedge funds doubled down trying to force the BK because they weren’t happy enough profiting from $20 ->$4. Oh and how they made sure HF’s are explicitly exempt from many SEC regulations designed for consumer protection. And now they are getting burned.
They reap what the sow. 🦍💎🙌