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duncs
maybe gme are trying to transfer themselves from meme stock to proper company. the funds being raised, $2bn in cash now, plus the funds from a new 75mn share sale might put them in a position to make acquisitions to grow the company. ryan cohen has a record with chewy for developing a good solid business. computer games are not going away and is a valuable sector of the economy. maybe as the youtube cast said yesterday it's a long term investment with the possibility of some short term fireworks. i saw a graph yesterday saying there are more short positions now than during the 2021 run up. the options ramp in the next few weeks look quite interesting but the 75mn share sale might dampen that.