This is an automated archive made by the Lemmit Bot.
The original was posted on /r/Superstonk by /u/jugjiggler69 on 2025-06-20 00:35:40+00:00.
So remember the post from Ryan Cohen that was like "Ryan Cohen buys all the stocks"? Maybe he actually just meant GameStop
So GME has around 9 billion in cash right now. GMEs market cap is currently sitting at 10.49 billion. That means we are about 1 or 2 offerings away from GameStop having enough cash to literally buy ALL of their stock, if the stock price doesn't increase substantially by then.
With the company finally being profitable and absolutely destroying earnings estimates each quarter, the possibilities are endless.
Now the idea of GameStop actually buying back nearly all of their stock would normally be absolutely ridiculous. But shorts are trapped and I don't think they can let the price increase much over 30, and even 30 I don't think they can sustain long.
if GameStop raises much more money they'll be able to afford to buy back all of their stock and still have billions in cash and a profitable business.
Obviously they'd never need to buy back all of their stock, but if they really decided to do an aggressive buyback shorts would be absolutely cooked.
GameStop has already won. There's no reason not to wait another earnings or 2 or more before pulling the kill switch, things will only get worse for shorts from here. Things are only going to get better for the stock from here. Next earnings will likely be our first big year over year revenue increase since the turnaround started and will likely be pretty profitable. Any time after that would be a great time for GameStop to start some buy backs.
Realistically this is an option that only plays out if the shorts don't blow up on their own first though. But if shorts actually make it a few more quarters then it's going to get more and more enticing and practical for the board of directors to end this.
TLDR shorts r cooked
