4 ms·
Bruh, lets be honest its GameStop. That company IS going the way of blockbuster. "pure gambling" is a stretch everyone can read the tea leaves here. Honestly pr
by viro 6y ago
Bruh, lets be honest its GameStop. That company IS going the way of blockbuster. "pure gambling" is a stretch everyone can read the tea leaves here. Honestly pre-covid when was the last time you went into a GameStop and saw more than two other people.
- yifanl 6y agoIts going bankrupt in the medium term if nothing changes, but that ratio of shorts would only make sense if it was going bankrupt in a quarter or two, where Gamestop actually rallied on revenue with the release of the new console generation.
- EpicEng 6y agoSounds like you're agreeing with me? Not sure what your point is. Obviously these trades are not based on any sort of fundamental analysis. Wall street made a bet and now retailers are getting tagged as bad actors for taking the other side.
- Semaphor 6y agonever been to game stop, but there is one next to my supermarket. I see almost always 2-3 groups of people in there, never empty. Germany though.
- jhanschoo 6y agoBut it doesn't have to go the way of blockbuster, it appointed 3 new directors to its board with e-commerce and tech experience. It seems to be looking to transition to an e-commerce platform.