Home Business The veteran trader is second looking in Gamestop after earnings

The veteran trader is second looking in Gamestop after earnings

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The veteran trader is second looking in Gamestop after earnings

It was a suitable picture for the frame.

There they were side by side: gamestop (GME( CEO Ryan Cohen and Michael Saylor, co-founder of software company strategy (Mush( (formerly micropratry), poses in a February 8 sent the photo In the cohen’s x account.

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The strategy is the largest corporate owner of Bitcoin, and the shares of both companies have disclosed to assumptions related to the video retail sales of footage.

“GME, like hundreds of other companies, will buy Bitcoin to save their companies from a dollar standard”, “Bitcoin Thinset” commentary In response to the picture.

“Oh, who ish will do.” gossip X. “$ GME $ adds BTC to Balance Reports!?”

You have to ask. On March 25, the Gamestop reported the results of the fourth quarter and said that it adds the world’s largest cryptist in the world.

Of course, when the Gamestop, WallstreetBets, when retail investors began to buy shares, share investors are a poster child for the short phenomenon.

Trader: Gamestop value raised margins

Hedging funds selling the company’s shares were forced to receive back prices at higher prices to pay their positions and continued a heavy losses of several major Hedges.

Gamestop, Wall Street’s expectations of earnings on March 25, share the benefits of 30 kopecks, more than 8 kopecks than analytics. The company said he had made a profit of 22 kopecks for the previous quarter of the year.

However, gamestop sent $ 1.28 billion to $ 1.48 billion in accordance with income expectations, $ 1.28 billion, and a short term of analysts $ 1.48 billion.

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Bitcoin is less than 8.4% and less than 24%. Gamestop shares closed about March 26 to about 12% to about 12%, about 12%, more than $ 28.36, which was closed a year ago.

Stephen Guilfoyle said in the column of this Gamestop’s last date “done a great job Reducing the account of the account and the account that increases both the value of the operating costs and the margins. “

Gamestop, about 1000 or about a quarter, was closed one quarter of the world in the last year. It is expected to close more in the coming months, but which one has not been identified yet.

Guilfoyle, who belonged to the floor of the New York Exchange in the 1980s, said that Cohen’s Bitcoin’s book took a page from Bitcoin.

The strategy has been a great investor in Bitcoin for many years, and it is a crazy job with Bitcoin holdings, the wall street, for investors, “said Wall Street veteran.

Analysts: We made a mistake about gamestop

Guilfoyle, Gamestop is one of the most powerful balance sheets you can find in corporate America, “he said.

“Talk about a turnaround story based on fiscal discipline, says,” he said. “This management group has done a prominent job.”

Guilfoyle said he did not invest in Gamestopa, but it was difficult to invest in cash flow and strong balance sheets.

“Who does not like financial discipline, especially when working?” asked. “This company continues to work for this.”

Wedbush analysts have kept stock prices from $ 10 to $ 11.50, in Gamestop and Gamestop.

Related: Intuitive machines after analytical earnings revise the stock price target

“We are more confident that the leadership work is more confident that the Gamestop can achieve results before the future, based on the results of the quarter.

Wedbush, Bitcoin, who said in the intention to invest in Gamestop’s Bitcoin, can affect its interest income, but we will assume that the Gamestop will win $ 220 million in $ 220 million for interest income. “

“Although the results of Q4 are not sustainable, we did not expect that the gamestop will approach the operation again,” he said. “We were wrong and although the company’s operations are not as big as the share of operations, it is clear that the company’s operations are certain.”

“Price we will reconsider our goal and investment thesis that Gamestop must return to us and return to profitability.”

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