HOW THE FUCK DOES $GME REPORT BEST EARNINGS IN HISTORY , WITH ALMOST 10 BILLION IN CASH , A CEO THAT TAKES NO SALARY, AN ARMY OF RETAILERS BUYING AND HOLDING, M&A NEWS SOON,
YET… ITS FUCKING TRADING AT ALL TIME LOWS $20 RANGE
FUCKING BULLSHIT !!!!!!!
The funny thing about the $GME bottom finder is that it uses the share price in the calculation. The lower the share price, the quicker and more violent the bottom finder is.
The recent trigger on the monthly happened at twice the price it did back in 2024.
It triggered at such a high absolute price (relative to back then) because the rest of the market has been ripping upwards and GME has been kept flat. That indicates extreme sell pressure relative to the rest of the market. So much sell pressure relative to the rest of the market that it triggered quicker at twice the price.
Either way, it's time.
$GME
Entire market is crashing, insiders can purchase shares again starting tomorrow and we just authorized $2B in share buybacks after the single greatest quarter in GameStop history.
Where to start.
Well I think this might be the most significant earnings report in GameStop history.
There are so many headline numbers of high importance. How do I rank them.
#1 Revenue beat and increase YoY. This can finally be crossed off the bear thesis side of the sheet for whoever still maintains it. On fewer stores than ever. Incredible turn.
#2 Margin. No scratch that - UPDATED THE SHARE REPURCHASE AUTHORIZATION TO $2 BILLION. LET'S GO. Almost 3.5 years ago I asked the board for this. And while, yes, we did sell shares two years ago at $20, we can afford to start buying back shares now, because...
#3 $389.6m in net income for the quarter. Extrapolate that out. GameStop can make $1.6b a year now. That new share repurchase authorization? Paid for in 5 quarters. This is how the story began, the large share repurchase in 2019. Maybe this story just starts over again right here this year.
#4 $143.3m in operating income. OPERATING INCOME. That means not only is the inner shell of the company (cash) expanding, but the second level (operation) is expanding and could soon break out with a new multiple as margin grows and TTM EPS grows. This is very good news for the quarters to come.
Excited to see the 10Q. Hope you all have a great evening. Let's go GameStop!
Roaring Kitty 🐈⬛ had the first of five $GME YOLO updates on Reddit 2 years ago today after a long absence
Started 6/2/2024 & ended 6/13/2024
Could we see an update soon ??
🚀 🏴☠️
Do you see the signs?
$GME The only technical analysis you need
GameStop has bounced at least 10 times on a weekly timeframe in this $20 range since 2024.
Are you ready player one?
2 June, 2026: Historical Turnaround By Ryan Cohen
💣1,426% increase in Operating Income
💣769% increase in Net Income
💣 Almost $1/sh net income in FIRST Q
💣 $2B Share Repurchase APPROVED
$GME Q1 2026 EARNINGS REPORT:
1. Operating income reached $143.3 million, compared to just $10.8 million a year ago. ✔️
2. Net income came in at $389.6 million, up from $44.8 million last year. ✔️
That represents roughly a 770% increase year-over-year.
3. Revenue grew 14% YoY to $835.3 million.
Many expected continued sales declines but GameStop posted solid top line growth this quarter 😮💨
4. SG&A expenses declined to $201.6 million from $228.1 million despite higher sales.
5. GameStop ended the quarter with $9.7 billion in:
Cash
Marketable securities
Digital assets
Related receivables
Derivative collateral
Including:
$8.4B cash and marketable securities
$1.0B derivative collateral
$0.4B digital assets
• THE BREAKING NEWS HERE:
6. The Board approved a new $2.0 billion share repurchase authorization through June 2029.
At a share price around $21:
$2B could retire roughly 95 million shares
More than 20% of the current share count
This does not mean they will immediately buy shares, but management now has the authority to do so whenever they see fit.
Three things matter most:
Revenue growth returned.
Operating profit surged.
A $2B buyback authorization was approved.
The bear thesis that GameStop is simply a declining retailer becomes much harder to defend when the company is producing record operating profits while sitting on nearly $10 billion of liquidity and assets. ✍🏻
$GME-Three earnings cycles. Three trips into the same zone around $20-$21. Three rebounds.
Price keeps tapping the floor.
Cash keeps growing.
Assets are over $10B.
Shareholders' equity is over $5.4B.
Operating income flipped from deep red to +$232M.
Free cash flow is pushing $600M.
Yet somehow a profitable company with a fortress balance sheet keeps getting priced like it's one bad quarter from bankruptcy.
At some point the chart stops looking random.
Folks can call it support, call it accumulation, call it whatever makes them comfortable.
I just know somebody keeps showing up near $21 while Wall Street keeps pretending not to notice. 🍻👀