LogFAQs > #965006150

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TopicStock Topic 36
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05/13/22 11:59:37 AM
#457:


I just think it's hilarious that you think this fraud stock that is only pumped due to the same market games that you're saying aren't happening with BBIG, is legitimately at its proper stock price.

There are plenty of retail chains that actually make money that are valued lower than GME. Do you think it should be worth more than Kohls, Nordstrom, Dillards, Wendy's, Macy's, Dine Brands, Choice Hotels, almost as much as Dominos. These are all big name chains, with lower market cap than Gamestop at 120b, most of which with bigger footprints than Gamestop that make considerably more money than Gamestop.

I also think it's hilarious that you think BBIG is worth $0 when appraisals (and frankly, just comparing to other platforms in the space, that's reasonable) have Lomotif (which BBIG owns) valued at $4-6b which would make the market cap of BBIG 8x-12x from here alone. Not to mention it owns the advertising platform for it which already generates tens of millions in revenue per year without integration with Lomotif, and it has hundreds of millions of cash on hand and no debt. Like as though I'm literally just in this for a squeeze and not because I think the company is undervalued right now.

GME was undervalued at $3, but even with a generous valuation it's probably around $20-$30 or so. In the "chain that is known but loses money" category with stuff like Bed Bath and Beyond.

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