this post was submitted on 12 Nov 2023
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DRS Your GME

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ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

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https://www.drsgme.org/free-resources

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Video Description: In this video I review GameStop (GME, $4.03, $260M market cap). As of July 2020 I'm bullish on the stock – perhaps foolishly so. What are your thoughts on GME? Do you agree or disagree with my take? What did I overlook in my analysis? Which of my assumptions were off?

There's a lot to cover in a GME thesis. I did my best to review what I consider most of the important items. As time passes I'm sure I'll realize I forgot to discuss something important. I'll update this description with such updates.

One item I failed to mention is how management could use GME's rising cash balance to repurchase the remaining 2021 bonds on the open market at a discount; the bonds currently trade at ~87 as of July 2020. It's possible the discount would vanish if they attempted to buy back the bonds in size, but it's still a scenario worth mentioning because such a move would marginally increase its value per share.

Another glaring omission is Scott Preston's GME piece in Barron's from February 2020 – I can't believe I forgot to mention it. It's one of the best articles written on the company and a must-read for anyone following the story. In particular Scott does a terrific job walking through the different ways GME can reinvent itself. The article is here: https://www.barrons.com/articles/game...

Resources mentioned in the video:

Furey, Edward "Present Value of Cash Flows Calculator"; CalculatorSoup, https://www.calculatorsoup.com - Online Calculators

Hestia/Permit Restore GameStop presentation May 2020: https://www.sec.gov/Archives/edgar/da...

Scion 13D April 2020: https://www.sec.gov/Archives/edgar/da...

Scion June 2020: https://www.businesswire.com/news/hom...

SeekingAlpha GME Articles: https://seekingalpha.com/symbol/GME/a...

Statista: https://www.statista.com/statistics/1...

The Verge – Xbox Series X optical drive: https://www.theverge.com/2019/6/10/18...

Xbox 2013 blog update: https://news.xbox.com/en-us/2013/06/1...

Variety – Death of Physical Video Games Exaggerated: https://variety.com/2019/gaming/featu...

GamesIndustry.biz – AAA game downloads: https://www.gamesindustry.biz/article...

GamesIndustry.biz – GameStop's concept stores: https://www.gamesindustry.biz/article...

The Roaring Kitty channel revolves around educational live streams where I share my daily routine of tracking stocks and performing investment research.

My investment style involves continually tracking thousands of stocks using a variety of widely available tools. When opportunity strikes – as it occasionally does in markets comprised of biased humans – I’m prepared to pounce and capitalize on the situation. I'm probably best classified as a fundamentals-focused deep value investor, though I find I'm increasingly leaning on technical analysis for screening, timing, and tracking stocks. In the years ahead I look forward to honing my portfolio management approach by acquiring bolt-on skillsets and further developing my approach to risk management.

Some of the tools I use: Google Chrome, Chrome extensions & search engines, Google Sheets / Google Apps Script / StackOverflow, StockCharts, insider buying via OpenInsider, stock ownership via WhaleWisdom, SEC filings via sec.gov, SeekingAlpha, Twitter, Quandl / Sharadar, and bond prices via FINRA.

The Roaring Kitty channel and live streams are for educational purposes only. I share my approach to investing in an effort to set you on the right path to building out your own investment process. I don't provide personal investment advice or stock recommendations during the stream. Please understand that my style of investing is extremely aggressive and I take on a substantial amount of risk. It's likely my approach would not be suitable for you. If you're seeking personalized advice, I encourage you to sit down with a financial professional who can review your personal situation, financial background, risk tolerance, etc. Check out the Roaring Kitty disclaimer video for more information: • Roaring Kitty – Disclaimer

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[–] MentallyExhausted@reddthat.com 4 points 2 years ago