4 ms·
Well any reasonable GameStop valuation is at least an order of magnitude below current market price.
by johnhartigun 6y ago
Well any reasonable GameStop valuation is at least an order of magnitude below current market price.
- fileeditview 6y agoThe value currently is not in GameStop itself but in the need for the short sellers to buy back the shares. So there is value in buying & holding. How much is still open.. The situation is pretty bonkers but I hope in the end that the hedge funds have learned a lesson.
- phoe-krk 6y agoThe whole affair isn't, and wasn't, about GameStop's valuation, or even about Gamestop as a company whatsoever. It's about stock market mechanics and the ability to leverage them to make a profit.