No. of Recommendations: 2
So what do folks here think about a GME (GameStop) investment at this time?

It's a Blockbuster! 😇

The whole thesis is their exclusive toys will sustain them.

Their business model is dead and something new will sustain them... That's more gambling than investing. I'm reminded not only of Blockbuster but of Kodak and Sears.

the current market cap has dropped to net cash on hand, so the underlying company is being valued at $0

Mr. Market knows something. Like I said in the PSTG thread, GME is competing with all other stocks for investor's money and both are losers. While the secondary market sustains industry, the day to day plays are stock vs. stock, investors looking for Alpha. Follow the money. I never did buy GME and I sold PSTG in March.

If you are thinking long term, what will GameStop be doing in 2029 that makes it a good risk now?

Denny Schlesinger
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