GameStop
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GME wave ๐ŸŒŠ of good news.

I almost feel bad for the hedge funds. In a recent 8-K filling it was revealed GME plans to use the cash on hand to be debt free by April 30th. Whats more, they will raise an additional 1B$ in equity if ever they run out of cash. I think they''ll raise the equity once GME is higher in price. The board of directors have not ignored what's been going on with their share price they seem to be taking notes and working on a road map to revamp what seemed to be a dying brick and mortar video game retailer. The chances of bankruptcy are significantly lower when you don't have debt. The hedge funds should be very worried.

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