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Strategies & Market Trends : Value Investing

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To: Nya_Quy who wrote (62928)12/1/2019 4:54:40 PM
From: $Value$  Read Replies (1) of 78476
 
RE: GME

I like your optimism in the price points you expect the stock to hit. You have made a lot of valid points, however, I still don't see the stock hitting over $15 with no buybacks. Hopefully your right, but IMO the only way to hit that level would be after substantial repurchases.

The FCF was an attractive metric for me. With the upcoming console cycle I'm sure GME will be able to generate at least $550 Million in FCF from Q3 2019 to Year end 2021. My goal is to be out between Q2-Q3 2021, or when the stock hits $15 (Assuming large buybacks). I might change my mind as we see the next year and a half unfold.

-$Value$
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