Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nya_Quy who wrote (62796)	11/5/2019 7:18:19 PM
From: $Value$	Read Replies (2) of 78462

RE: GME "However, assuming that at that peak that cash flows will increase to merely the average over the mediocre period '16-'19 AND that no share buyback will be happening, its commons should be worth around $15, so there is a margin of safety here. Around Q1 or Q2 of 2021: "EXIT G(A)ME"." As an investor in GME, I don't think this will reach $15 without share repurchases. IMO, the only way it will reach $15+ would be if they were to continue buying back shares. I'm hoping they buyback at least 40 Million more shares by Dec 2020 to ensure that there's at least 50 Million shares outstanding. That, compounded with the $200 Million cost savings program and the cash flows from the new console cycle SHOULD allow the stock to hit at least $15 by Q2-Q3 2021. Then, soon after, I'll run for the hills! -$Value$

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next