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> But aren't stock prices almost entirely about future performance? So will GME's business model work tomorrow? Yes, and that's sort of Roaring Kitty's point i
by NamTaf 6y ago
> But aren't stock prices almost entirely about future performance? So will GME's business model work tomorrow?
Yes, and that's sort of Roaring Kitty's point in that video. He interpreted the negativity about it as being way too extreme for the financials of the company. It was basically saying the company was going to fail tomorrow, whereas his analysis said to him that it still had several reasonable years ahead of it which the share price didn't reflect.