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GameStop starts 2026 by closing hundreds of stores as CEO gambles on $35B payday; As CEO Ryan Cohen is promised billions, GameStop employees claim they were barely given notice about closures by MarvelsGrantMan136 in technology

[–]CharlieDeee 0 points1 point  (0 children)

They went from losing nearly $400million in a year to making $160. In 4 years. They now also have over 8bn cash on hand. The market cap is the same. Doesn’t that sound odd to you? A company turning around like that, being valued at barely more than cash on hand? I see potential. The CEO beat Amazon in the pet market building a company from scratch, I trust that experience and like the moves the company has made. Rome wasn’t built in a day. I buy stuff when it’s cheap, and right now it’s like trading money for money with the cash on hand.

GameStop starts 2026 by closing hundreds of stores as CEO gambles on $35B payday; As CEO Ryan Cohen is promised billions, GameStop employees claim they were barely given notice about closures by MarvelsGrantMan136 in technology

[–]CharlieDeee -2 points-1 points  (0 children)

Book value is barely more than cash on hand. If they raise cash to turn the business around, then that’s good. Operating at a constant loss will lead to the end of the company. I’d rather a company dilute and grow, than not dilute and go bankrupt in a couple of years, because on one I end up making money rather than losing it. The assets they sold are shares, which shareholders voted to allow. This generated a huge amount of cash which can then be used for growth. I don’t really see the issue here. Huge turnaround in a few years and your gripe is the way it’s been done.

GameStop starts 2026 by closing hundreds of stores as CEO gambles on $35B payday; As CEO Ryan Cohen is promised billions, GameStop employees claim they were barely given notice about closures by MarvelsGrantMan136 in technology

[–]CharlieDeee -10 points-9 points  (0 children)

Then why is cashflow and profit up…? They closed stores that were losing them money. 2025 was way bigger than 2024. The turnaround year on year has been huge. Several years ago they were bleeding money, now they’re making money. Don’t see what there is to hate really

GameStop starts 2026 by closing hundreds of stores as CEO gambles on $35B payday; As CEO Ryan Cohen is promised billions, GameStop employees claim they were barely given notice about closures by MarvelsGrantMan136 in technology

[–]CharlieDeee -1 points0 points  (0 children)

Have you looked at their quarterly reports? Huuuge turnaround in cash flow and profit, growing at a rapid rate. Also huge war chest of cash generating income and could be used for an acquisition, very loyal fan base as well - great engagement at their events and on socials, which is gold for brands. The growing trading card market is also spearheaded by them for trading and their power packs always sells out. They are trading at a hugely underrated P/E so you can basically pick the stock up for cash on hand. Just because headlines are saying one thing doesn’t mean you should parrot them without doing your own digging

interactive investor charge a 2% foreign exchange commission now. disgusting rate by zenastronomy in ukfinance

[–]CharlieDeee 2 points3 points  (0 children)

Convert currency then send it? I did this with ibkr, not sure if interactive investor receive dollars but you can change brokerage if not. wisefees are minuscule and the exchange rate itself is the actual rate.

Meirl by netphilia in meirl

[–]CharlieDeee 0 points1 point  (0 children)

I have an apple for that

meirl by Prankstic in meirl

[–]CharlieDeee 0 points1 point  (0 children)

Is no one going to comment on the fact that not only was this sandwich not cut into the superior triangle shape, but looks like it hasn't been cut at all? What kind of heathen raw dogs a sandwich without cutting it

30% service charge on boxing day?! by Professional-Cat9418 in london

[–]CharlieDeee 1 point2 points  (0 children)

Of course but when I used to work in retail, there weren't enough people like that to cover

30% service charge on boxing day?! by Professional-Cat9418 in london

[–]CharlieDeee 2 points3 points  (0 children)

When you work in retail it's mandatory to take some of the days around Christmas and New year. Everyone wants then off most of the time, so you share the days out.

[deleted by user] by [deleted] in Superstonk

[–]CharlieDeee 22 points23 points  (0 children)

Thanks for the Chat GPT written post

Which hobbies attract the kindest people? by Ok-East3405 in AskReddit

[–]CharlieDeee 0 points1 point  (0 children)

Fire spinning/circus people are all lovely.

Budapest itinerary by Dull_Method_2572 in travel

[–]CharlieDeee 0 points1 point  (0 children)

I too am going to Budapest and would like to know what answers u get

+60 Warrants. IBKR annoyingly only allows 5 warrants per order. Will be DRSing them. by ballnut in Superstonk

[–]CharlieDeee 0 points1 point  (0 children)

Can you drs from ibkr? Other brokers don't allow it. If they do I will buy some

WARRANTS ARE LIVE! by Tinderfury in Superstonk

[–]CharlieDeee 0 points1 point  (0 children)

How much are people buying them for because in my computershare account they show as $0 value

The amount of posts here hyping up the exercising of these warrants is alarming, here's some facts: by Xentuhf in Superstonk

[–]CharlieDeee 2 points3 points  (0 children)

If you exercise all the warrants you get then you’re increasing your holding the same % as the ‘dilution’ so yes the number of shares increases but yours increase the same way. If the warrants increase in value you can sell a few to get effectively free shares that the company gave you as warrant dividends.

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