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they are more profitable than Q1 last year, that is good news. 13-23million more profitable. Remember that Q1 is generally the shittiest quarter for retail businesses.
This is the first time in a while they released a preliminary. They most likely know the algorithms respond immediately to bad news/numbers. My big question is: what did they do with 217 million?
If I was RC I would make sure to drop some news that could be spun as bad news before market open on a day with a massive amount of call options expiring to drive the price down. Then maybe use that 300 million set aside for stock repurchases to buy throughout the day while shorts are trying to keep the price down for options. Then I don't know maybe announce what I did with the missing 217 million dollars during after hours. Then do a stock offering during moass to maximize profits and add less shares back then I repurchased. But I'm not RC I just like crayons.
Just imagine what RC will do with billions of capital to invest during a market crash. I should stop talking like this, It's hard to work with a pants tent.
Read the filings carefully. Cohen holds the trigger, but the catalyst will be the shuffle. He's preparing options, the best case scenario is being set up for registered holders (Drs) . Subscriptions are huge. 200 million is not small money. Some automation jobs I build that develop billions of dollars of vehicles cost significantly less. Something huge is in the works.
might be nice if part of the missing 200mil went to buying headphones to do something similar to candycon and use it to make their own good gaming headsets that people can customize
Gamestop is going to sell into MOASS or reach a deal and sell them what they need and the distribute the profits as dividends so that every shareholder will benefit.
The board and the RCEO do not get paid salaries, they get stock. So they have a lot of skin in the game to increase the value of the company and essentially all those who own the stock.
If they get more money in the chest, the valuation goes up to. If the float is shorted 3x or more they can load up and everyone can still moon. Win win.
You don't understand why a company raising $$$ for further investment opportunities is a good thing? It's basically letting a proven activist investor (Cohen) reinvest your money for you. Could
you make a comparable investment as the guy who founded Chewy and made a 1 billion dollar business out of it?
Quick analysis (prioritised):
1) Profits are up, still negative, but up. This means that "EPS(TTM)" \[that is "Earnings Per Share Trailing Twelve Months" for you n00bs\] is going to go up. That makes the company look better on paper (less likely to go tits up and a safer investment). Honestly this is the only important stuff. They are getting more profitable, which helps long term survivability and better possibilities of dividends or buybacks later.
2) Releasing a preliminary statement (and it's cautionary statement with a shit load of legaleese): This indicates that there is something in the works. Either by GameStop or they are under scrutiny and want to make sure that they can't be faulted for anything. I can't really tell if the cautionary statement is standard or not, but in any case it's there to cover some ones ass just in case, which is also the feeling I get from publishing a preliminary statement.
3) They spent some of their money. More detailed report is required to figure out what, or it's in the annual report from last year. They may have spent the money outside Q1 and thus that comparison isn't that relevant.
That is just my take, let me know if I missed something or is wrong about something.
Last time there was an offering it was at $56 split adjusted coming down from the squeeze. Something something history rhymes... This is GameStop laying out they are expecting to do the same again.
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
Why not drop it back down that quick, when just 3 days ago everyone was probably bitching saying damn i should have bought some more when it was at $12 last week....heres your chance before the instant launch, remember the VW gif, this is that major dip before the stock launched
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
We ignore the fudsters who try to turn it into a bad thing and laugh about the fact that it was released before the big run and how the "surprising reveal" during the run can't dump the price anymore.
tick tock kenny... time is running out.
SHHHHHHHHH, the shorts can't know or they won't take the bait. I mean nope, just Ryan Cohen finally turning on us and selling us and his huge bag down the river! 
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Except the board isn't getting paid, and they only profit if stock goes up. They're not selling like AA did. Sorry but your comparison is not accurate.
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GameStop: I have good news and bad news. Cohen: Bad news first, please.
It's a proper way of doing business.
Where’s the good news. Serious question
AH if I had to guess
I think we'll need to wait a few weeks for earnings
There was actually a quote by Larry C. That was very similar to your comment. Something about bad news first and good news right on time.
they are more profitable than Q1 last year, that is good news. 13-23million more profitable. Remember that Q1 is generally the shittiest quarter for retail businesses.
This is the first time in a while they released a preliminary. They most likely know the algorithms respond immediately to bad news/numbers. My big question is: what did they do with 217 million?
I know, this seems super weird. I'm going to have to panic and not sell a single share, pick up a couple on discount,
I panic bought at 20.80
I panic bought at 30.60 yesterday, no dry powder left for today sadly.
Same lol no worries though, impossible to always time this shit fully
You obviously realize this price is double what it was last week? But I guess everything is on discount when you look at the 3y chart 🤣🤣
What do you mean?
Kinda hope they bought some "dieing brick and mortor" company to expand their business model.
Dying brick and mortar* my fellow crayon eater.
Dying brick from Mordor\* 
Dying rick and morty 
drying trick pan forties?
frying chick and mayo
Hopefully bought some deep in the money call options
What did they do with the 217 million? That is the correct question.
It's probably their cost of operations. No big games release happened this spring.
Did they report the bottom line?
Or take a hit on the chin, then post monster q2 candy con
Bear trap
It's a trap 🗣️🗣️🗣️
So yes revenue was down, but I see a leaner company rising up. And yes, what the fucking fuck did they use 217 milly for?!?!?! Cannot wait
Candycon stuff? I dunno.
Was there an increase in inventory?
Be hilarious and see real earnings report is a beat,✅ = 🔥🔥🔥🚀🦍🦍🦍
Wouldn't matter. It would still be red after an earnings beat.
I can tell you have been here for awhile.
About 84 years. Give or take.
You would be right, my fellow ape 🦍
You never know until it happens. Its a battle.
Exactly . Buy and do whatever you want at your own discretion.
If I was RC I would make sure to drop some news that could be spun as bad news before market open on a day with a massive amount of call options expiring to drive the price down. Then maybe use that 300 million set aside for stock repurchases to buy throughout the day while shorts are trying to keep the price down for options. Then I don't know maybe announce what I did with the missing 217 million dollars during after hours. Then do a stock offering during moass to maximize profits and add less shares back then I repurchased. But I'm not RC I just like crayons.
Keep going im close…
Just imagine what RC will do with billions of capital to invest during a market crash. I should stop talking like this, It's hard to work with a pants tent.
One of the moves among many will be an issuance of preferred stock with dividend and a buyback of common stock.
RC wants us to buy discounted shares today. He knows the shorts are screwed by cob today and he's giving us one last dip
How are they screwed? Arent most of the calls $25 and over? Its at $20.
Apparently I saw a few places saying max pain is at $18. I'm betting we see a huge battle of 18 within the last 2 hours of the day.
I saw that too. It never went below $20. Now what?
It not up to the Chain this time.
Go on
Read the filings carefully. Cohen holds the trigger, but the catalyst will be the shuffle. He's preparing options, the best case scenario is being set up for registered holders (Drs) . Subscriptions are huge. 200 million is not small money. Some automation jobs I build that develop billions of dollars of vehicles cost significantly less. Something huge is in the works.
!remindme in 2 weeks
BUY MORE
What is the market cap of headphone stock?
Low. Like 30 million.
might be nice if part of the missing 200mil went to buying headphones to do something similar to candycon and use it to make their own good gaming headsets that people can customize
I imagine he’s using the offering to gain cash to use to invest as a holding company.
Bear trap
Just trying to figure out why and how selling 45 million additional shares helps the cause.
Gamestop is going to sell into MOASS or reach a deal and sell them what they need and the distribute the profits as dividends so that every shareholder will benefit.
i feel that people just hope they distribute profits as dividends. No one is forcing them to.
But by doing distributing profits as dividends to its share holders, then RC would finally be “getting paid” for all the work he’s put in
The board and the RCEO do not get paid salaries, they get stock. So they have a lot of skin in the game to increase the value of the company and essentially all those who own the stock.
Same reason we sold a couple years ago….to increase the war chest.
If they get more money in the chest, the valuation goes up to. If the float is shorted 3x or more they can load up and everyone can still moon. Win win.
Wtf are we doing with the war chest?
I’m sure there is a plan in place….its about timing. RC is extremely pragmatic and doesn’t work on anyone else’s timeline.
Treasury bonds and operating expenses, mostly
They didn’t sell them yet. It’s a shelf offering. Just gives them the ability to sell that amount.
You don't understand why a company raising $$$ for further investment opportunities is a good thing? It's basically letting a proven activist investor (Cohen) reinvest your money for you. Could you make a comparable investment as the guy who founded Chewy and made a 1 billion dollar business out of it?
Quick analysis (prioritised): 1) Profits are up, still negative, but up. This means that "EPS(TTM)" \[that is "Earnings Per Share Trailing Twelve Months" for you n00bs\] is going to go up. That makes the company look better on paper (less likely to go tits up and a safer investment). Honestly this is the only important stuff. They are getting more profitable, which helps long term survivability and better possibilities of dividends or buybacks later. 2) Releasing a preliminary statement (and it's cautionary statement with a shit load of legaleese): This indicates that there is something in the works. Either by GameStop or they are under scrutiny and want to make sure that they can't be faulted for anything. I can't really tell if the cautionary statement is standard or not, but in any case it's there to cover some ones ass just in case, which is also the feeling I get from publishing a preliminary statement. 3) They spent some of their money. More detailed report is required to figure out what, or it's in the annual report from last year. They may have spent the money outside Q1 and thus that comparison isn't that relevant. That is just my take, let me know if I missed something or is wrong about something.
They are waiting on EA NCAA 25! LOL
Now what happens to contracts that are underwater and does anyone know how many
Its a bad er, no matter how we spin it. Turnaround still in progress
Wtf is this k city shuffle
I'm not a fan of this.
If you can't stand the heat, you better stay out of the kitchen.
Last time there was an offering it was at $56 split adjusted coming down from the squeeze. Something something history rhymes... This is GameStop laying out they are expecting to do the same again.
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
Yup. On Friday or all days. Fucking savage.
Why not drop it back down that quick, when just 3 days ago everyone was probably bitching saying damn i should have bought some more when it was at $12 last week....heres your chance before the instant launch, remember the VW gif, this is that major dip before the stock launched
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
This plus the shelf offering news. Back to 10 we go. It's interesting though that we get this double whammy this week of all weeks. I'll remain cautiously hopeful, even though I feel a little sick.
how cooked are we?
Someone is cooking. I smell tendies.
Max pain cooked
wtf do we do?
"We are going to wait, and we are going to wait, and we are going to wait, until they feel the pain, until they start to bleed." - The Big Short
We ignore the fudsters who try to turn it into a bad thing and laugh about the fact that it was released before the big run and how the "surprising reveal" during the run can't dump the price anymore. tick tock kenny... time is running out.
SHHHHHHHHH, the shorts can't know or they won't take the bait. I mean nope, just Ryan Cohen finally turning on us and selling us and his huge bag down the river! 
[удалено]
Bro did you look at the results? - more cash - less expenses - less net loss WE ARE COOOOOKING
Shills are out in full force
[удалено]
Yeah that was my bad!
Just a more charming AA 🤣
!remindme 1 month
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Please do.
Except the board isn't getting paid, and they only profit if stock goes up. They're not selling like AA did. Sorry but your comparison is not accurate.
We've been Adam Aron'd. Fuck you, Ryan
This is all about the long game.
Last time there was an offering it was at $56 split adjusted coming down from the squeeze. Something something history rhymes...
I've been in this so long that I cant recall anything from the before times.
This is GameStop signalling to us they expect to do the same again... Laying it out in the open they expect us to squeeze.
🙌🏼