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?
Insiders buying with their own cash + billions in T-bills makes the bankruptcy short thesis 100% dead.
Anonymous | ID: c15451fa | No. 556 | 2025-06-25 13:22:48Booked another 500 shares in Computershare this morning. Easiest hold in the market.
NoMoreIOUs!.881jHlO | ID: 869a9f58 | No. 557 | 2025-06-25 15:04:29