Bullish
$GME probably won’t reinstate dividends until after store closings to boost up balance sheet. If they’re smart they’ll let the store closing news drop the stock to execute huge buy back. Should create a nice short pump along with a huge dividend payout, even if they still spend less (yield % would increase due to less shares trading bc of buy back). Honestly I wouldn’t expect too much for December. I think towards fiscal year end we’ll see a little drop bc of store closing news (they probably won’t close any before holidays) and we’ll see a disappointing 10K due to severance packages and other various costs associated with store shutdown. The time to get in would be RIGHT before next gen. If you’re in now, buy more after the 4Q drop. Gonna be a bumpy ride but its gonna be worth it.
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