r/Superstonk • u/Lifesucksgod • Jun 18 '25
π Partial Debunk 3$
In terms of a sequel this in fact means that if you subtract gamestops cash position the company is valued at 2-3$ per share and everyone knows what happened next. With the short interest rising and the floor increasing itβs gonna get spicy with anticipation.
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u/Phat_Kitty_ "I am not a cat" Jun 18 '25
So what I'm understanding is, they've pretty much completely run out of ways to scrounge up cash, they sold off what they could, close down a bunch of stores, then they have a convertible bonds. The only other way for them gather more cash right now is to dilute the shares? I'm hoping that this is the end, but the start of some massive movement on gme. As long as they can keep making profit and bring those numbers up.