“Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”
12% of your business is no way anywhere near “irrelevant.”
The 12% is the reason people come and buy the other 88%
Nintendo sells more in merch than in software, they should stop too
What happened with them being a meme stock?
Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.
The stock is still undervalued, that’s all that matters.
Moass or not, people are investing in Cohen, and the man is a genius. He’s taking GameStop from strength to strength.
You can argue with all the data supporting the moass thesis, but you cannot argue with the excellent fundamentals. Especially in this economy.
Imo, it’s free money regardless.
Edit: to add aswell, the fact they’re gearing up to acquisition eBay is a huge deal.
