Let's look at the hard numbers on $$GME:
- Billions in cash and marketable U.S. Treasury securities sitting on the balance sheet
- Zero long-term debt obligations
- Store footprint rationalized to profitable locations while SG&A expenses keep dropping
- CEO takes $0 salary, $0 bonus, and buys shares with his own money in the open market
How does a short seller justify paying borrow fees against a fortress balance sheet where the cash floor alone backs a massive chunk of the market cap?
>>402
Insiders buying with their own cash + billions in T-bills makes the bankruptcy short thesis 100% dead.
Booked another 150 shares in Computershare this morning. Easiest hold in the market.
Rustacean!.xkBP.Tg | ID: 6490f1dd | No. 404 | 2025-05-21 16:35:51Value investors and DRS holders sitting in the exact same boat now.
IBKR_IEX!YzYEe9jD | ID: 6a2bdf84 | No. 405 | 2025-05-21 19:38:55