The geeks aren’t selling. They’re holding. In the meantime the company has a huge inflow of capital to stay afloat. It’s win win for the gamers and the game store. It’s lose lose for the vulture capitalists.
Might be time to buy some GameStop and AMC stock.
LOL!
I haven't heard about GameStop receiving a capital infusion. If its stock price rises it means the market value is rising, but that capital gain for stockholders doesn't ipso facto translate into an equity or cash injection for the firm. If GameStop was able to sell treasury shares into this rising market, THEN it would benefit directly.