$GME: They Crash, They Burn, Then Never Learn

Looks like your buddy was right to unload that car last year… that car has probably depreciated quite a bit since January '23, while GME is up 30%, has quadrupled their cash position, tripled their cash/share, has no debt and is well positioned to gobble up companies on the cheap during the next correction. If he’s still holding, I suspect this decision will work out well for him in the long term.