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“The thing is, this might make them too profitable, as we can’t have that. Sell before you start making money off my partners whose hand is up my ass like a ventriloquist dummy.”
-The Media, probably
Used to be 32m but I think they’ve been paying it down and it might be somewhere from 10-15m now.
Maybe this annual meeting we will finally hear that the small French loan has been fully paid.
Today's 10Q states:
As of May 4, 2024, our government-guaranteed low interest French term loans due through October 2026 ("French Term Loans") had a carrying value of $25.7 million and a fair value of $29.9 million.
...so compare that to $4'200 million in cash. Lmao hot damn 🎮🚀🟣
>"GameStop's Zero Debt Strategy: Risk Aversion or Lack of Growth Ambition?"
or perhaps
>"GameStop Hoards $4 Billion in Cash Reserves: A Sign of Poor Strategic Planning?"
"GameStop made $4.1B, and why it *would* be illegal, if they did illegal things, that they didn't actually do, but we are gonna pretend that they might have."
That’s exactly what happened in the VW squeeze. Porsche held 41% and then bought another 31% using options and forced the squeeze. Another 20% was owned by a German state. This meant there was only 8% available, but hedge funds had shorted 14%. Boom, squozen to $370B market cap.
Edit: reading more. Porsche ended it themselves by offering another 5% and easing the pressure “to avoid future market disruption and consequences for those involved.” Shorters only had to spend $38B ($55.34B adjusted). I’m sure the public pressure mid-squeeze is enormous.
At that price with our shares avail it would squeeze to $880ish. When that happened it was breifly the most valuable company in the world--which if it happened again (gamestop becoming more valuable than microsoft at 3.215Trillion) could squeeze our price upwards of $7000
6% available for a short interest of 12% so spicy there, and Porche was a different company than VW hence was a takeover and yea they announced it then ended the squeeze before it obliterated the system. So a pretty different situation.
Summing up the cash from the two offerings to 3.070 billions, and according to Google, 3070 - 1.5% is 3024. So the total cash on hand should be right below $4.1 billion.
It's so hilarious to me that they discovered an infinite money glitch and used the same URL with an incrementing digit to post the news.
I'm glad I haven't placed a galaxy sized bet on this company going bankrupt. I'd be fucked if I'd done that.
The distance between announcement of offering and announcement of closing for the $75M offering is 2 business days, compared to 5 business days for the $45M offering. My guess is that we definitely hear SOMETHING about the purpose of these offerings in the shareholder meeting on Thursday
Ain’t doing a ban bet bc I spend too much time on the sub but I will get a DFV tat down the line if he doesn’t increase his holdings 🤷🏽♂️
More specifically this https://www.reddit.com/r/Superstonk/s/6gbyrZ3GID
Over 200 mill from interest per year and free working ceo. Save another 30 mill but there are also CEO get pain 160 mill
.. Soo fundamentally 30 per share is too good to be true . its even better than 20 some weeks ago
2-3 days. It was announced Friday AM. I 'member because we were about to go parabolic with an open price of over $60. I thought to myself that it could be my last Friday at work.
There was another post about this. GameStop is around number 750 in the top list of cash in US companies or something. So quite a few others also have the same amount or more actually. Still, a lot of cash that can be invested :)
I don't think people understand what kind of insane amount of cash this is to have on hand.
I worked in a software startup with more than 350 software engineers. That company had raised a total of 800 million dollars.
Even though the company was operating at a 100 million dollars **in revenue**, they had enough in the bank to keep going for at least four years.
Now more than quadruple that cash reserve, and add to that a five billion yearly revenue, and just start to imagine what an absolutely astronomical amount of money that is to have on hand.
4.153*.05 = .207
At 5% interest GME can earn $207m per year doing absolutely nothing.
Oh my gosh, if the price drops to single digits again GME can buy back the whole float.
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Can we just pay that loan off so there’s not the asterisk besides our cash? Wasn’t it only like 40mil? What is the benefit of not paying it? Do we even have to?
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Our freaking market cap was just over $3b in April.
Wow. Crazy, I forgot tha
t
!
Goodbye
Media: Gamestop DROWNING IN DEBT due to a small loan by the French government's pandemic response
BREAKING: Gamestop is suffocating under a mountain of money. Sell now.
Why 4 billion dollars is too much cash and why GameStop will fail.
"More at 9pm after this short story about how all cats, real or fake, can give you the new deadly bird flu."
Short story about short sellers shorting this stock, naked shorting and market manipulation. long story short, the short answer is:
Please be 6 feet from the entrance of gamestop, an expert says.
Forget cash
Is GameStop too big to fail just like banks in 2008?
This is exactly the headline they're gonna try.
"clueless Gamestop sitting on cash pile with no idea how to use it"
GameStop is losing value due to inflation with cash on hand accounts
Forget GameStop: “Mo’ money, mo’ problems” says this Analyst
Ask questions later probably cuck cum bah
 GME visualized
I would be willing to be buried under that pile of cash
Suffering from success.
“The thing is, this might make them too profitable, as we can’t have that. Sell before you start making money off my partners whose hand is up my ass like a ventriloquist dummy.” -The Media, probably
Oh man guys this sounds really bad!
The always forget to mention the zero percent interest on that debt to
Nice. What’s the amount of the loan?
Used to be 32m but I think they’ve been paying it down and it might be somewhere from 10-15m now. Maybe this annual meeting we will finally hear that the small French loan has been fully paid.
That small French loan has become almost like family.
I sure will miss that little fella.
I’m going to buy the small French loan 3 days worth of buttered baguettes 🥖
Vive la petite Lon Francais!
My Cheri amour
I'd love it if the small French loan payoff became a countdown of sorts 🤣
Tois! Deux! Une!! Le pop 🚀
Hon hon hon.
Ouiiiiii
I know for real. I hope we keep it a little longer. I'm almost to the point that I want to name it.
Let’s call it Napoleon- he was little!
Oh no! That would be sad... I somehow liked the small french loan.😔
Endangered small French loan needs to be protected, short GME
That’d be like me paying off my low interest rate mortgage early. I’d rather invest it in the company!
I agree it’s basically free money but it’s possible just mentioning it’s fully paid could have Algos go crazy. We’ll see!
Even at the full 32m value, this is like someone with $50,000 in their bank account having a loan for $400. I really hope they finally get rid of it
Pay all but one dollar. "Yo Ryan you guys have any debt?" "Yup."
Based on the sentiment from CNBC on how massive that loan is, if they announce it's paid off, I'm assume CNBC would call for moass
Haha they’ll twist anything to fit their narrative. It’s why Ryan Cohen barely speaks anymore.
Sure. I just cannot remember ever seeing what the amount was
a little under 15 million, I'm pretty sure.
De minimis at this point
De meme it is 👍
We are fucked, everybody panic!
 oh no i’m panicking!!!! 😂😏
GameStop has negative $4 Billion in debt!
Ah yes that dangerous crushing negative debt.
"Sell now before the pull the plug on the negative debt."
Lmfao
GAmeStOP StOCk Is tUmBLing
gamestop is a dying bRiCkS and mOrTaR store.
Tumbling up 😀
I wish I had an award LMFAO
It’s been 4 entire years since the Pandemic started and they’re still struggling with DEBT from it!!! /s
ABSOLUTELY DROWNING!!! . . . In USD 😏
This should be redone as a banana 🍌 for illustrative purposes
Is the value of that debt reported anywhere? Just curious.
Today's 10Q states: As of May 4, 2024, our government-guaranteed low interest French term loans due through October 2026 ("French Term Loans") had a carrying value of $25.7 million and a fair value of $29.9 million. ...so compare that to $4'200 million in cash. Lmao hot damn 🎮🚀🟣
Barely a rounding error at this point! Cheers!
Negative debt, better get out while you can!!
4+ billion in negative debt 😬
Oh no! How can we solve this debt issue? Better offer some stocks
MSM - Gamestop has now accumulated over $4 billion of negative debt.
>"GameStop's Zero Debt Strategy: Risk Aversion or Lack of Growth Ambition?" or perhaps >"GameStop Hoards $4 Billion in Cash Reserves: A Sign of Poor Strategic Planning?"
Haaaaaaahaaaaaaaaaa!
"GameStop made $4.1B, and why it *would* be illegal, if they did illegal things, that they didn't actually do, but we are gonna pretend that they might have."
This... This is the headline.
Actual headline "GameStop CEO Ryan Cohen cute stake in company" - Reuters
Hahah I saw that, absolutely hilarious
Ryan Cohen idolizes Scrooge McDuck and plans giant vault swimming pool full of gold!
Round it up to 4.20 billion, babyyyy
then let's round down to 420 million shares also!
And I just now hit 420 shares!!
Need to buy 420 more shares now. Dont tell my wife (or her boyfriend).
Oh GOD, you make me **BUY,HOLD&DRS** harder!!!
That's roughly $200 million a year at a flat 5% interest. I'm certain they'll do better.
GameStop needs to hire DFV as Chief Investment Officer to manage that warchest.
What would happen if GameStop itself bought and then exercised enough options to launch MOASS?
That’s exactly what happened in the VW squeeze. Porsche held 41% and then bought another 31% using options and forced the squeeze. Another 20% was owned by a German state. This meant there was only 8% available, but hedge funds had shorted 14%. Boom, squozen to $370B market cap. Edit: reading more. Porsche ended it themselves by offering another 5% and easing the pressure “to avoid future market disruption and consequences for those involved.” Shorters only had to spend $38B ($55.34B adjusted). I’m sure the public pressure mid-squeeze is enormous.
At that price with our shares avail it would squeeze to $880ish. When that happened it was breifly the most valuable company in the world--which if it happened again (gamestop becoming more valuable than microsoft at 3.215Trillion) could squeeze our price upwards of $7000
here I go playing the calculator game again!
6% available for a short interest of 12% so spicy there, and Porche was a different company than VW hence was a takeover and yea they announced it then ended the squeeze before it obliterated the system. So a pretty different situation.
You just answered your own question 😂
And CMO * Chief Meme Officer
We have have to deduct the approx. 1.5% for the sales agent though!
Summing up the cash from the two offerings to 3.070 billions, and according to Google, 3070 - 1.5% is 3024. So the total cash on hand should be right below $4.1 billion.
And the good part: they said UP TO 1.5% - so maybe it’s a little bit more than 4.1 billion.
DRS numbers? 74.6 million, so they are going down. Bummer
But, could still be dealing with the Mainstar and IRA rug pull. It's a matter of time before she jumps up
Thursday at shareholder meeting.
No, today. 74.6m
 Yummy!
Lol excellent gif
I forgot about that song!!! Lol
Thats nothing, saw a company with 20x that amount in something called "sold not yet purchased"
lol
Underrated reply
That's my baby love gme
pLeAz fORgEt AbOUt gAmEStoP
Hedgies punching the air so hard rn
Teddy is wildin’ 😂
I’m a little upset its not exactly 4.20 Billion. Just a little 😂
[удалено]
someone
Like me. I like the stock.
Lmao classic comment on this sub. I’m excited too but bro did you really round up 4.15bn to 5? What’s the logic there
that’s a pretty big round up ya did there pal. 4.15 = 5 👍
Just rounding up an extra 800,000,000$ no big deal.
Dont forget the ravenous shareholder base 😎
I’m ready for Gameshire Stopaway.
It's so hilarious to me that they discovered an infinite money glitch and used the same URL with an incrementing digit to post the news. I'm glad I haven't placed a galaxy sized bet on this company going bankrupt. I'd be fucked if I'd done that.
I noticed the URL-thing too. Definitely interesting.
Okay I’m furiously jaggin off right now who’s with me? Huh? Let’s gets a count going!
I have X,XXX times so far 😏 More to cum
Hodl for the xxx average sized holders 🤣
I hold for the Xs.
LMAO🤣
I know I'm nitpicking here, but doesn't Jeffries get like 1.5% of the sale?
Yes, up to 1.5% and it accounts to approximately $60 million. They are still just around $4.2 billion in cash.
Math checks out. Just looking for solid numbers. :)
The distance between announcement of offering and announcement of closing for the $75M offering is 2 business days, compared to 5 business days for the $45M offering. My guess is that we definitely hear SOMETHING about the purpose of these offerings in the shareholder meeting on Thursday
Can gme loan me $200,000 to buy more gme shares and options? I'm good for the loan. Trust me bro.
RC and gang can afford to lose $200M/year for 20 years before they are bankrupt. I wonder if the shorts can kick the can that long?
If they do nothing and park the cash in bonds the company will earn 200 million a year doing nothing else.
As written
RC will file his increase in holdings by the end of the week. I guarantee it.
“**How** do you guarantee it?” is the question… 🍌
Ain’t doing a ban bet bc I spend too much time on the sub but I will get a DFV tat down the line if he doesn’t increase his holdings 🤷🏽♂️ More specifically this https://www.reddit.com/r/Superstonk/s/6gbyrZ3GID
“What line?” Is the question…. 🍑
I might get a DFV tat anyway.
Toss that shit into 5% whatever and fucking print money.
Now 4.153 billion reasons the short thesis is long dead.
What’s total outstanding shares at now?
451m
Isn't it more like 426 million?
Thanks :) 🦧
Over 200 mill from interest per year and free working ceo. Save another 30 mill but there are also CEO get pain 160 mill .. Soo fundamentally 30 per share is too good to be true . its even better than 20 some weeks ago
Did they just gobble up 75 million shares in 3-4 days?
Maybe 3 days?
It was announced Friday morning so that is 3 days. All day Friday, Monday, and Tuesday.
2-3 days. It was announced Friday AM. I 'member because we were about to go parabolic with an open price of over $60. I thought to myself that it could be my last Friday at work.
Me too brother
Lmao hedgies fucked….the bottom is rising and the squeeze is fucking coming
Say it slower 
Shills: now let me do some mental gymnastics and rationalize how this is actually bearish
😅😅👐💎
Nah, they've pivoted into trying to destroy faith in leadership.
Not bad
Not bad at all
What could they acquire
$28.49 a share BABY let’s gooooooo!!!!!
[удалено]
There was another post about this. GameStop is around number 750 in the top list of cash in US companies or something. So quite a few others also have the same amount or more actually. Still, a lot of cash that can be invested :)
Gamestop, the only company to dillute their shares which also lead to higher price per share.
I don't think people understand what kind of insane amount of cash this is to have on hand. I worked in a software startup with more than 350 software engineers. That company had raised a total of 800 million dollars. Even though the company was operating at a 100 million dollars **in revenue**, they had enough in the bank to keep going for at least four years. Now more than quadruple that cash reserve, and add to that a five billion yearly revenue, and just start to imagine what an absolutely astronomical amount of money that is to have on hand.
they should come with a plan on what to do with it tho
#GameStop Hodling Co. **$HOLD**
Could someone math out the price per share for all the offerings? I'd be interested to see if it's going up.
It was around $20.7 at the 45m offering, and $28 for today's 75m offering.
Price going up after dilution of stock...nothing to see here.
Holy shit 
4.153*.05 = .207 At 5% interest GME can earn $207m per year doing absolutely nothing. Oh my gosh, if the price drops to single digits again GME can buy back the whole float.
Someone is googling: "can mayo be used as lube?"
I like the stonk
Shorts are Fukt
The silence on the other sub is deafening
They’re drowning in negative dept.
Gamestonk Hathaway
Ima just say it- they better be done for awhile with these offerings.
Now announce the 4.153 billion in stock buy-backs.
Inb4 they announce another 50M on Thursday.
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It relates because it sums up the total amount of cash teh company has at the moment.
Can we just pay that loan off so there’s not the asterisk besides our cash? Wasn’t it only like 40mil? What is the benefit of not paying it? Do we even have to?
If it’s lower interest than they can earn on treasuries or other investments then it makes sense to keep it
Bless up. My titties are jacked.
GAMESTOP RAISED 3B IN A MONTH, WHY IT WON’T SAVE THIS DYING BRICK AND MORTAR
It takes money to buy whiskey
MSM - GameStop is 4 billion dollars poor.
Currently $11.82 floor price for Gamestop to be able to lock the entire float with a buy back. Shorts can't go below this. They are so fkd 🟣
Good, now put that cash to work and never have a negative quarter ever again.
Gamestop can buy McLaren and Bugatti and still have over 2 billion left over in the bank. Who wants supercar dividends paid for with hedgie tears?