Quote (ofthevoid @ Jan 29 2021 07:09pm)

My personal opinion on the stocks-- I don't think this will end well for the little guy. People are expecting a squeeze of epic proportions on Monday but we might see the feds step in because they're beholden to Wall Street. GME, AMC, and the rest were good for flipping and getting some massive gains in a few days but you really don't want to hold the bag when the fed crashes the party and I'm getting to a near certainty that this will happen. While they'll probably put some things in place to prevent extreme short positions they'll probably lay the lumber on the Reddit/discord rooms.

edit: people should use this opportunity to get into quality large caps that are trading at a really good discount thanks to the volatility

Quote (thesnipa @ Jan 29 2021 01:18pm)

indeed shit loads will get stuck holding the bag. then its take the L or wait for years to see if GME can somehow monetize this for a rebound. but even if they do they're what? a 40-50$ stock?

Quote (ofthevoid @ Jan 29 2021 12:28pm)

If that. No intellectual property, trash business model since most platforms you will be able to buy and play games on the cloud. The book value of their assets is a little over 300 million once you subtract out all of the liabilities. If you slap a 15x EBITDA multiple on it (very high for a company that's not stable or growing) and multiply it by their Q4 EBIDTA earnings, this company Enterprise value is like 15*111million=1.6 billion dollars + whatever debt they have.

Just some further back of the napkin valuation.

1.6 bil+1.1 debt= 2.7 Bil Enterprise value.
2.7billion/70mil shares outstanding is around 38.57 price per share.

Quote (ofthevoid @ Jan 29 2021 12:28pm)

If that. No intellectual property, trash business model since most platforms you will be able to buy and play games on the cloud. The book value of their assets is a little over 300 million once you subtract out all of the liabilities. If you slap a 15x EBITDA multiple on it (very high for a company that's not stable or growing) and multiply it by their Q4 EBIDTA earnings, this company Enterprise value is like 15*111million=1.6 billion dollars + whatever debt they have.

Just some further back of the napkin valuation.

1.6 bil+1.1 debt= 2.7 Bil Enterprise value.
2.7billion/70mil shares outstanding is around 38.57 price per share.

Quote (EndlessSky @ Jan 29 2021 01:18pm)

Rumors currently spreading that members of the Biden white house hadphone conversations with members of Robinhood management.

This could be the worst political scandal in history if evidence surfaces.

Quote (EndlessSky @ 30 Jan 2021 02:18)

Rumors currently spreading that members of the Biden white house hadphone conversations with members of Robinhood management.

This could be the worst political scandal in history if evidence surfaces.

Quote (thesnipa @ 30 Jan 2021 02:23)

i hope its true, 2k stim checks will come so fast if so.

Quote (excellence @ Jan 29 2021 02:26pm)

https://breaking911.com/wp-content/uploads/2021/01/l-696x344.jpg

reads like a larp. no way biden figured out what robinhood is he probably thought it was the disney movie version being discussed