GOLDMAN SACHS: These 22 stocks still haven't recovered to pre-pandemic levels - and are set to explode amid higher earnings in 2021 as the economy recovers
"We see a higher mix to online as a negative for earnings. Very simply, the more business that shifts from in-store transactions, the more difficult it will be to sell high margin pre-owned and collectibles merchandise which accounted for 46% of gross profit dollars in 2019," BofA explained. "We think fundamentals will again factor into valuation and note that at current price of $148 and GameStop's five year enterprise value of 3.7x it implies EBITDA of $2.6 billion vs $ million in 2020," BofA explained.
Come on β at least poorf read the bullet points.
Any news on whether thr GameStop owners encashed on this exponential rise
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It's the latest sign of how social media can upend everyday life. Just like it did on Jan 6 at the Capitol.
- written by Melvin Capital
And they are closing some mall locations.
BOFA DEEZ NUTS
i am left with literally no choice but to tag MattBrownEP in this tweet
Should have never shorted past 100% lol
This article was not written by Melvin capital I promise trust me bro
AMC & GAMESTOP ππΎπ
Why the company is not issuing shares, and with the cash create a new business model ?
a shit load of first time day traders reading Reddit threads are gonna experience a painful lesson quickly
Pump n dump. Fairytale stock. It's own financials don't support it. Simply go into one..assuming there's still one open locally.
Paper hands
wow
$gme
Melvin Capital can have some BofA
The stock has rallied 100x in like 2 days. I think you can chill on any sort of TA. But nice try
GameStop canβt blame it on COVID and lockdowns like every other company? This company has a chance to grow and restructure its balance sheet to pay its employees or hire. The numbers are just a small percentage of what a company can actually do.
No they said the same thing about $TSLA years ago. This is them trying to help melvincapital crooked bankers, power to the people long live $GME
Bofa what? BarstoolBigCat
ππππ
You canβt pump money into something that has no innovation π