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GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across... see more

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GameStop Corp > Now that GameStop is headed down

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Post by Notgnu on Feb 01, 2021 5:14pm

Now that GameStop is headed down

What price do you think GameStop will do a financing at??

Guesses? My guess is 50 million shares at $55 for $2.75 billion into the coffers and a share price ranging from $45 to $65 over the next 6 months or so.

Good luck on your pyramid gambles and thanks for the shorting profits.
Notgnu
NCU (Nevada Copper) and NWHM

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Comment by Capharnaum on Feb 01, 2021 6:41pm

If they issue shares, they'll have to sell them directly on the market. Otherwise, nobody's going to do a financing round at more than $10-15.

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Comment by Notgnu on Feb 01, 2021 8:53pm

I agree with your $10.00 to $15.00 but put the $50 or $55 number in just to state that even if there were some big short seller worried about covering then GME would be happy to issue them a whack of shares and that this thing will never go to the rediculous pumper "infinity cover" numbers being thown around. N.

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