With over $1.5B ($1,500,000,000) cash on-hand, all long-term debt paid off, a brand new board of directors, Ryan Cohen (who built a billion-dollar pet-supplies e-commerce giant), and a handful of extremely large fulfillment centers purchased in a few locations throughout the US, it is obvious that Gamestop is not only scaling up but is redirecting their efforts toward e-commerce. Gamestop has copyrighted the term "GMERICA" for use in pretty much all merchandise and content they want to brand with it (per the specifics of their copyright filing which is publicly found on Google search). They have been shutting down low-performing storefronts in order to curb losses from wasteful spending. They have not made any public announcements about their plans for what the company intends to establish themselves as because, and this is a quote directly from Ryan Cohen's mouth from the shareholders meeting back in the Summer of 2021, "We don't want to advertise our plans to our competitors." They are holding their cards close to their chest for a reason.
Furthermore, there is a lot of speculation about an NFT stock dividend, but the only evidence for this suspicion is some obscure nft.gamestop.com link (or something to that effect) which links Ethereum platform to Gamestop, and a few LinkedIn job postings for Gamestop about Blockchain developers. Even despite the mountain of evidence suggesting a short squeeze (MOASS: mother of all short squeezes), and despite their lack of all long-term debt, and despite their brand new leadership composed of execs from Amazon, Chewy, and other tech giants, Gamestop will not have any clear, neon flashing-lights signals about where they area heading because they cannot afford to broadcast that to their competitors; they are building something huge that nobody is currently doing - it is up to you to look at all of the evidence and form your own opinion on whether or not investing in them is a good idea.
Personally, I think they're onto something huge considering the gaming industry is inundated with really shitty developers who just rip off old games or pump out new games with few changes to the previous edition (looking at you Blizzard, Bethesda, EA Games, etc.) The gamers want something new, and if Gamestop starts developing their own in-house gaming content they will be positioned to dominate the billion-dollar gaming industry.
The short squeeze is real though, there is ample evidence at this point. Their projected growth is obvious to anybody looking at the fundamentals of companies that situate themselves to grow quickly. If you are interested in investing in Gamestop (GME) it is worth considering Directly Registering your Shares (DRS) through their share depository company Computershare so that the shares are in your name and not your brokerage's name - DRS has the benefit of registering your shares in your name, not your brokerage's, which means if the NFT-dividend rumor is true, then you will get the dividend and not your broker, since your broker may be unable to dispense an NFT dividend. This is not financial advice and I'm not a financial advisor.
Do your own research. r/superstonk
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