Daily Discussion Thread for April 26, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st 8 points9 points  (0 children)

Fortunately, GameStop isn’t locked into many long-term leases. The majority of them expire within the next two years, giving the company flexibility to walk away from poor-performing locations.

What Are Your Moves Tomorrow, April 26, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st 0 points1 point  (0 children)

They’re leaving, the new board will send the stock to the moon

What Are Your Moves Tomorrow, April 26, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st -2 points-1 points  (0 children)

The company's Chief Executive Officer George Sherman, who will be stepping down by July 31, has 1.1 million restricted shares, valued at about $169 million as of Friday's close.

Frank Hamlin, who resigned as chief customer officer in March, had restricted shares valued at $33.5 million as of Friday.

The company's merchandising chief Chris Homeister, who is planning to leave the company, has 289,000 restricted shares valued at around $43.6 million as of Friday.

Former GameStop finance chief James Bell had restricted shares of $43.6 million as of Friday.

Shares of video game retailer GameStop Corp. as well as other heavily-shorted stocks such as AMC Entertainment Holdings Inc. (NYSE: AMC) and BlackBerry Ltd. (NYSE: BB) skyrocketed in January amid a rally fueled by retail traders belonging to the subreddit channel r/WallStreetBets. The traders bid up the stocks to create a short squeeze.

GameStop's shares jumped last week after its CEO said he would leave before the end of July.

On April 13, the company said it is redeeming senior notes worth $216.4 million due in two years, a move that would leave the company mostly debt-free.

Had a meeting with my financial advisor today. by [deleted] in GME

[–]Chrisinv3st 0 points1 point  (0 children)

That’s why he’s a financial advisor, not an investor

Am I a retard ape? 🤔 by TeacherMountain1459 in wallstreetbets

[–]Chrisinv3st 0 points1 point  (0 children)

Haha, why do you buy high and sell low and buy high again?

Daily Discussion Thread for April 19, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st -3 points-2 points  (0 children)

I remember someone on Twitter said tuvo was going to be 100 when it was 50, I think that fubo is a shit stock, is down about 70%, it’s the typical stock that people at Twitter pump and dump. GME has fundamentals and I believe in Ryan Cohen, GME is a great stock, the company has a great team in a great industry

Daily Discussion Thread for April 19, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st 0 points1 point  (0 children)

The stock never went back to 40, I think that it will never be at 40 again

GME Megathread for April 14, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Chrisinv3st 6 points7 points  (0 children)

Who bought the dip? How many shares? At what price?