Current Events > Gamestop generated over $1.1B from selling 5 million shares of its common stock

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Bio1590 06/22/21 9:39:38 AM #1:	https://markets.businessinsider.com/news/stocks/gamestop-stock-price-jumps-after-stock-offering-equity-raise-2021-6-1030542896 In a statement, the company said it completed its previously announced at-the-market equity offering, selling 5 million shares of its common stock to raise $1.126 billion - bringing GameStop's total capital on hand to about $1.9 billion. The proceeds will be used for "general corporate purposes as well as for investing in growth initiatives and maintaining a strong balance sheet," the company said in its statement. lmfao --- https://imgur.com/bbRWLI8 https://imgur.com/A0BErSV https://imgur.com/S1m3po4 https://imgur.com/7fCcfko <cite>Bio1590 posted [p:955304271] in Gamestop g... [t:79527466]...</cite> <quote>https://markets.businessinsider.com/news/stocks/gamestop-stock-price-jumps-after-stock-offering-equity-raise-2021-6-1030542896 <quote>In a statement, the company said it completed its previously announced at-the-market equity offering, selling 5 million shares of its common stock to raise $1.126 billion - bringing GameStop's total capital on hand to about $1.9 billion. The proceeds will be used for "general corporate purposes as well as for investing in growth initiatives and maintaining a strong balance sheet," the company said in its statement.</quote> lmfao</quote> ... Copied to Clipboard!
Hayame Zero 06/22/21 9:40:21 AM #2:	Reggie always wins, baby. --- ...I think I'm done here... <cite>Hayame Zero posted [p:955304285] in Gamestop g... [t:79527466]...</cite> <quote>Reggie always wins, baby. </quote> ... Copied to Clipboard!
g980 06/22/21 9:44:12 AM #3:	idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:955304372] in Gamestop g... [t:79527466]...</cite> <quote>idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy</quote> ... Copied to Clipboard!
ExtremeLuchador 06/22/21 9:45:19 AM #4:	I regret not spending my house downpayment money on that stock. --- "It was horrible," guard Jeff McInnis said. "I took 100 naps and we were still in the air." <cite>ExtremeLuchador posted [p:955304408] in Gamestop g... [t:79527466]...</cite> <quote>I regret not spending my house downpayment money on that stock. </quote> ... Copied to Clipboard!
Squall28 06/22/21 9:50:00 AM #5:	If Meme investors are throwing money at them, why not cash out? Free money. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:955304512] in Gamestop g... [t:79527466]...</cite> <quote> If Meme investors are throwing money at them, why not cash out? Free money. </quote> ... Copied to Clipboard!
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Compsognathus 06/22/21 10:04:18 AM #7:	g980 posted... idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy Yeah. Barring them actually using this stay of execution to revitalize the business some how it is just that, a stay of execution. All the reasons they were struggling still exist. --- Gheb is my other account <cite>Compsognathus posted [p:955304883] in Gamestop g... [t:79527466]...</cite> <quote>g980 posted... </cite> <quote>idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy</quote>Yeah. Barring them actually using this stay of execution to revitalize the business some how it is just that, a stay of execution. All the reasons they were struggling still exist. </quote> ... Copied to Clipboard!
pikachupwnage 06/22/21 10:16:52 AM #8:	g980 posted... idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy g980 posted... idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy They basically bought themselves a nice stock of "narcan" --- My Mario Maker 2 Maker ID is J2K-RFD-K4G Even In sigs FOE! http://i2.kym-cdn.com/photos/images/newsfeed/000/665/328/d75.gif <cite>pikachupwnage posted [p:955305195] in Gamestop g... [t:79527466]...</cite> <quote>g980 posted... </cite> <quote>idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy</quote> g980 posted... </cite> <quote>idk if their problems are something they can throw money at Maybe if they pulled an Epic and just started giving away free games on their platform like crazy</quote> They basically bought themselves a nice stock of "narcan" </quote> ... Copied to Clipboard!
CE_gonna_CE 06/22/21 10:19:52 AM #9:	Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now? --- https://gamefaqs.gamespot.com/boards/1531-food-delivery-services-general <cite>CE_gonna_CE posted [p:955305280] in Gamestop g... [t:79527466]...</cite> <quote>Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now? </quote> ... Copied to Clipboard!
g980 06/22/21 11:08:10 AM #10:	CE_gonna_CE posted... Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now? Lol i dont think anyone is questioning gamestop's ability to raise capital in the middle of the reddit pump That doesnt change its more fundamental issues though --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:955306568] in Gamestop g... [t:79527466]...</cite> <quote>CE_gonna_CE posted...</cite> <quote>Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now? </quote> Lol i dont think anyone is questioning gamestop's ability to raise capital in the middle of the reddit pump That doesnt change its more fundamental issues though</quote> ... Copied to Clipboard!
Squall28 06/22/21 12:55:40 PM #11:	CE_gonna_CE posted... Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now? How are you interpreting this news? --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:955309808] in Gamestop g... [t:79527466]...</cite> <quote>CE_gonna_CE posted... </cite> <quote>Most Everyone: GME? Ha, joke stock Gamestop: Whos laughing now?</quote> How are you interpreting this news? </quote> ... Copied to Clipboard!
Pepys Monster 06/22/21 12:57:20 PM #12:	Gamestop will go under in less than 3 years. --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB <cite>Pepys Monster posted [p:955309863] in Gamestop g... [t:79527466]...</cite> <quote>Gamestop will go under in less than 3 years. </quote> ... Copied to Clipboard!
Sexypwnstar 06/22/21 12:58:58 PM #13:	Can't wait for their CEO and board to get a nice and fat juicy paycheck and bonus at the expense of their employees and stock price! --- https://imgur.com/Su4g5 https://imgur.com/21DiJ <cite>Sexypwnstar posted [p:955309918] in Gamestop g... [t:79527466]...</cite> <quote>Can't wait for their CEO and board to get a nice and fat juicy paycheck and bonus at the expense of their employees and stock price! </quote> ... Copied to Clipboard!
Lost_All_Senses 06/22/21 12:59:35 PM #14:	Id love for them to cash out completely. I like GameStop, but I also like the market being exposed for how flakey and shitty it is. --- Name checks out "Try to talk and they ain't listening, but they'll point it out when you get ignorant" - Dreezy <cite>Lost_All_Senses posted [p:955309932] in Gamestop g... [t:79527466]...</cite> <quote>Id love for them to cash out completely. I like GameStop, but I also like the market being exposed for how flakey and shitty it is. </quote> ... Copied to Clipboard!
CE_gonna_CE 06/22/21 1:31:46 PM #15:	g980 posted... Lol i dont think anyone is questioning gamestop's ability to raise capital in the middle of the reddit pump That doesnt change its more fundamental issues though Oh, fully agreed, most definitely. I applaud them striking while the iron is hot, no doubt, but boy is this going to crush so many folks when reality sets in and the stock price falls more in line with fundamentals. --- https://gamefaqs.gamespot.com/boards/1531-food-delivery-services-general <cite>CE_gonna_CE posted [p:955311043] in Gamestop g... [t:79527466]...</cite> <quote>g980 posted... </cite> <quote>Lol i dont think anyone is questioning gamestop's ability to raise capital in the middle of the reddit pump That doesnt change its more fundamental issues though</quote>Oh, fully agreed, most definitely. I applaud them striking while the iron is hot, no doubt, but boy is this going to crush so many folks when reality sets in and the stock price falls more in line with fundamentals. </quote> ... Copied to Clipboard!
CADE FOSTER 06/22/21 1:33:03 PM #16:	Wsb literally saved a dispised company lol <cite>CADE FOSTER posted [p:955311090] in Gamestop g... [t:79527466]...</cite> <quote>Wsb literally saved a dispised company lol </quote> ... Copied to Clipboard!
g980 06/22/21 4:01:00 PM #17:	CE_gonna_CE posted... Oh, fully agreed, most definitely. I applaud them striking while the iron is hot, no doubt, but boy is this going to crush so many folks when reality sets in and the stock price falls more in line with fundamentals. My favorite part is that gamestop isnt even talking about a strategy, theyre being intentionally mysterious and reddit is just eating it up Idk im not actually rooting against GME, im just intensely skeptical and cant stand the weird reddit cult around it. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:955316266] in Gamestop g... [t:79527466]...</cite> <quote>CE_gonna_CE posted...</cite> <quote> Oh, fully agreed, most definitely. I applaud them striking while the iron is hot, no doubt, but boy is this going to crush so many folks when reality sets in and the stock price falls more in line with fundamentals. </quote> My favorite part is that gamestop isnt even talking about a strategy, theyre being intentionally mysterious and reddit is just eating it up Idk im not actually rooting against GME, im just intensely skeptical and cant stand the weird reddit cult around it.</quote> ... Copied to Clipboard!
Nemu 06/22/21 4:02:45 PM #18:	Do they even have a long term game plan at this point or are they literally just going day by day? <cite>Nemu posted [p:955316338] in Gamestop g... [t:79527466]...</cite> <quote>Do they even have a long term game plan at this point or are they literally just going day by day? </quote> ... Copied to Clipboard!
Solid Snake07 06/22/21 4:05:30 PM #19:	company raises capital by diluting shareholder equity Morons: "this is great news!" --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:955316432] in Gamestop g... [t:79527466]...</cite> <quote>company raises capital by diluting shareholder equity Morons: "this is great news!" </quote> ... Copied to Clipboard!
Bio1590 06/22/21 4:38:51 PM #20:	Nemu posted... Do they even have a long term game plan at this point or are they literally just going day by day? Apparently their long-term game plan is to become the Amazon of video games. --- https://imgur.com/bbRWLI8 https://imgur.com/A0BErSV https://imgur.com/S1m3po4 https://imgur.com/7fCcfko <cite>Bio1590 posted [p:955317614] in Gamestop g... [t:79527466]...</cite> <quote>Nemu posted...</cite> <quote>Do they even have a long term game plan at this point or are they literally just going day by day? </quote> Apparently their long-term game plan is to become the Amazon of video games.</quote> ... Copied to Clipboard!
Tyranthraxus 06/22/21 4:40:01 PM #21:	Long term their plans are to beef up online sales and start carrying more PC hardware. You know... Kind of like they used to do back in the 90s. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:955317652] in Gamestop g... [t:79527466]...</cite> <quote>Long term their plans are to beef up online sales and start carrying more PC hardware. You know... Kind of like they used to do back in the 90s. </quote> ... Copied to Clipboard!
MacDaMurderer 06/22/21 4:55:00 PM #22:	Bio1590 posted... Apparently their long-term game plan is to become the Amazon of video games. But Amazon is already the Amazon of video games --- @macdamurderer GT: Mac Da Murderer <cite>MacDaMurderer posted [p:955318178] in Gamestop g... [t:79527466]...</cite> <quote>Bio1590 posted... </cite> <quote>Apparently their long-term game plan is to become the Amazon of video games.</quote>But Amazon is already the Amazon of video games </quote> ... Copied to Clipboard!
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Joeydollaz 06/22/21 4:59:43 PM #24:	Microsoft owns them --- PERSONA 6 will NOT be Turn Based, Feb-25th 2021 <cite>Joeydollaz posted [p:955318351] in Gamestop g... [t:79527466]...</cite> <quote>Microsoft owns them </quote> ... Copied to Clipboard!
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Current Events > Gamestop generated over $1.1B from selling 5 million shares of its common stock (+) Yeah! (+)

Current Events > Gamestop generated over $1.1B from selling 5 million shares of its common stock