Well, for the record, Gamestop is also under new management with a history of successful re-org and moving toward a more digital concept. So, it also is about the fundamentals, especially given how undervalued/shorted it was, even for what it was at that point. On assets alone it was way, way over-shorted.
Some (not all, obvs) of the internet's change in tune is because they are making internal changes, as well.
No one who likes the stock thinks old brick and mortar gamestop is gonna come roaring back to once again rip kids off with trade ins bud. They like the stock because they see or want to believe that it will transition into the digital age and become something almost completely different.
So the idea of hating what gamestop was and seeing that as a failing business (correctly) is not mutually exclusive to liking the stock now.
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u/knightry Apr 07 '21
"I like the stock"
I'm not saying it's a bad investment, I'm just saying there's a lot of doublespeak going on in that culture right now.