Quote Originally Posted by DELTAprime View Post
Sure, ignore what the actual financial expert says and spread some FUD.

I work at a retailer that has had a ton of FUD spread about it by the media. What is actually going on vs what the media reports is massively different. Media today doesn't care about telling a story accurately, they care about getting clicks. Saying Big W is shutting down half its stores and thousands of people will be out of work was far more "newsworthy" than the reality of the situation.

Is Gamestop in a good financial situation? No. But are they shutting down tomorrow? No.

The big three-quarters of a billion-dollar loss that we all freaked out about was just a one-off accounting thing where they had to write an investment down as a loss. It had no impact on the day to day operation of the company. If it wasn't for that accounting issue they would have made a small profit.

Don't go by media reports, it's not "fake news" but it is written in a way to get clicks instead of properly relay the facts in an easy to understand manner.
Ok I was just trying to elaborate on the issues. You seem to have taken it personally and had a go at me and assumed i read "fake news". I actually read the published company financial statements (I'm a commercial lawyer/accountant) together with the company's legal documents. Together with my knowledge of business structures and potentially failing business (i specialise in insolvency), i think i know - more so than you - what I'm talking about.

Perhaps my Trump comment is what really got you going given you are parroting his signature phrase.