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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence
Posted on 5/13/24 at 1:44 pm to stout
Posted on 5/13/24 at 1:44 pm to stout
quote:
GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence
Talk to me like I'm 5... Why is this a big deal?
Did he orchestrate the original run?
3
Posted on 5/13/24 at 1:51 pm to Lsut81
Yes
Posted on 5/13/24 at 1:53 pm to Lsut81
quote:
quote:
GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence
Talk to me like I'm 5... Why is this a big deal?
Did he orchestrate the original run?
And he is now orchestrating the second run!
This post was edited on 5/13/24 at 1:54 pm
Posted on 5/13/24 at 8:32 pm to Lsut81
quote:
Did he orchestrate the original run?
No. He help stop the bankrupting or cellar boxing of GameStop by buying in and getting others interested. Ryan Cohen has been the real master mind at saving the company and turning it around.
GameStop currently has a billion in cash, the first profitable year in 5 years, and has introduced cool and very good branded products from their subsidiary like Candy Con Controllers. https://www.gamestop.com/candycon
They have made mistakes along the way, but are generally headed the right direction with great executive and investor leadership.
It is a Deep F'ing Value.
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