GameStop (NYSE: $GME) has approximately $4 billion in cash on its balance sheet, giving it the financial capacity to repurchase a substantial portion of its shares if the stock price drops to $20 per share. Investors are closely watching $GME as they anticipate a potential price spike before July 18 due to delayed share delivery. Despite differing opinions and speculations, the stock continues to be a focal point in the market with significant trading activity.
This $GME clown likely down 50% https://t.co/4dOw11hv0E
Might be the stupidest person in the name with a following or am I missing someone? $GME https://t.co/ThPLrbg0pg
$GME GAMESTOP IS BEING FLOODED WITH MILLIONS OF DOLLARS WORTH OF CALLS AND MILLIONS OF DOLLARS WORTH OF PUTS BEING SOLD๐จ SINCE OPEN OVER $2.5 MILLION WORTH OF CALLS PARTICULARLY JULY EXP HAVE BEEN BOUGHT AND $600,000+ WORTH OF PUTS SOLD OFF ๐ฑ WHOS DIAMOND HANDING WITH ME?๐๐ https://t.co/R71VsLs83a
there is no difference $GME https://t.co/PHxWuzUrzm
The original owner of this account sold it to a hedge fund. $GME https://t.co/WOUqIqtXk8
Costly ignorance $GME https://t.co/VKtkrYkXsQ
Poor Mike is losing $$$ $GME https://t.co/l1CbxgPbFf
Poor Mike $GME https://t.co/5PeFgWXrDT
THE SHORTS THAT ARE NAKED SHORTING $GME ARE GOING TO LEARN A HARD LESSON VERY SOON๐จ #GME HAS OVER $4B IN CASH AND CAN DO ANYTHING WITH IT WHICH CAN CHANGE THE COMPANY ENTIRELY AND ALLOW THEM TO GENERATE MUCH MORE REVENUE ๐ฑ WHOS DIAMOND HANDING WITH ME? ๐๐ https://t.co/JIZVcILEl9
Her: โWhatโs on his mind?โ Me: "They failed to deliver his June 13 purchase of 4 million $GME shares and are driving the price down to buy them back cheaply. They have a maximum of 35 calendar days to deliver, so we should expect a price spike before the end of July 18." $GME https://t.co/KlsXMNJjaM
Quadrupling down on ignorance $GME https://t.co/RrvfeLpVXX
Send GameStop $GME to valhalla https://t.co/Hj8W3asDXJ
No Cell No Sell $GME https://t.co/qLhdYaIWUH
waiting for the stock market to open $GME https://t.co/YVq5heWsTE
$GME story continues to be an interesting one. Curious to see how this all plays out. https://t.co/cNNJpSYA0e
GameStop (NYSE: $GME) currently holds a significant amount of cash on its balance sheet, totaling approximately $4 billion. If the stock price were to drop to $20 per share this week, the company would have the financial capacity to repurchase a substantial portion of itsโฆ