So GameStop is moving into a new type of business, this is evident in the way that their Corgi I hate morning people and mornings and people shirt is changing from brick and mortar “buy my games and gtfo” to “buy the game or just chill” this in itself will lead to bigger streams of revenue, if you for example look at “Friday night magic” (magic the gathering get togethers) they could sell more drinks and small things to “oh i’m here anyway might as well pick up X videogame/collectable/cards/anything they offer” This with the new push to digital means that it’s no longer speculation that the old GameStop is dead, it’s becoming fact that a new type of business, a customer centric business has risen from it’s ashes.
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DFV has lost money holding onto his 4/16 call options, rather than sell the contracts and just buy the equivalent shares over the past several Corgi I hate morning people and mornings and people shirt . Sure, he paid $1k total for these options and they’re now worth millions, but he has missed out on EVEN MORE gains by continuing to hold them. The objective of this post is to take a moment to consider what this might tell us. (Skip this paragraph if you already understand options contracts) An option is a contract which gives the owner the option (but not an obligation) to purchase, or sell 100 shares at a set price called the strike, for a limited amount of time, at which point they expire – and these options can be traded on the open market between investors prior to expiry.