LogFAQs > #960851140

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Topic	Will GameStop go bankrupt? Or are they pretty stable now?
DarkRoast 12/12/21 1:56:33 PM #6:	Bio1590 posted... They literally paid off all their debts so even if the stock does tank they'll be fine for awhile. Unless the stock tanking means some Hedge Fund buys it all simply to fucking destroy them >_> This isn't how stocks work. If your company's business model is non-viable, the best you can do is enter a different industry entirely or completely redesign the way in which you provide it. Gamestop has done neither. --- Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666 <cite>DarkRoast posted [p:960851140] in Will GameS... [t:79806964]...</cite> <quote>Bio1590 posted... </cite> <quote>They literally paid off all their debts so even if the stock does tank they'll be fine for awhile. Unless the stock tanking means some Hedge Fund buys it all simply to fucking destroy them >_></quote> This isn't how stocks work. If your company's business model is non-viable, the best you can do is enter a different industry entirely or completely redesign the way in which you provide it. Gamestop has done neither. --- Razer Blade 15 - Core i7 9750H, RTX 2080 Max-Q, 32 GB DDR4 2666</quote> ... Copied to Clipboard!
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