~$11 per share in cash. Likely

2024-06-26

~$11 per share in cash. Likely $20,000,000/year in accrued interest if that cash sits.

The legacy business is shrinking to make certain the balance sheet stays green and then there's $4 billion in cash to find a way to make profits, and likely more pumps by the hedge funds who are under water on their 2016-2021 shorted stocks that have yet to close.

A GME board member has been tweeting about companies that have made big transitions, ie. Berkshire Hathaway started as a textile company.

Cohen actually made a profit on his BBBY investment. BBBY leadership ignored his suggestions to shore up their business, so he exited his position.

Short and distort is what this and every other negative article written about GME, like this are all about.

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