Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: rb22982

From June: https://seekingalpha.com/article/4356058-gamestop-zero-near-term-bankruptcy-risk-yet-still-priced-for

Infusion. Off-loading key properties within its portfolio will provide GameStop with a tremendous cash infusion in the very near term.

Cash not capital but same effect. Liquidity.


42 posted on 01/28/2021 4:32:05 AM PST by LesbianThespianGymnasticMidget
[ Post Reply | Private Reply | To 32 | View Replies ]


To: LesbianThespianGymnasticMidget
"Then there is the fact that Gamestop has had a massive capital infusion with this run up."

What you just posted has nothing to do with an infusion with this run-up - which is what you said (see your quote above). Even that article you listed from 7 months ago estimates that they would get $90 million - and that's just some joe schmoe's opinion (Seeking alpha articles are so-so at best for equity analysis). At $45/share (1/10th it is now), that $90 million would be less than 3% of their market cap. And they are still bleeding money every year. I think longer term this stock continues to trend back single digits but medium term I think ~$40 after this insane spike is done is probably about right.

50 posted on 01/28/2021 5:12:54 AM PST by rb22982 ( )
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson