justOnePersistentKbinPlease

joined 5 months ago

Also many of the "private security" (mercenary) companies do union-busting.

[–] justOnePersistentKbinPlease@fedia.io 9 points 18 hours ago (1 children)

He wasn't technically a convicted felon until sentencing, and IANAL, I think that falls under shit no one thought would ever happen.

Because the share price jumped up so much last year to give them that cash on hand.

Also the $34 million loss is their best result since feb 2018, most of their losses have been 10x higher. Although it does look like a long term trend into the positive cash flow. Also the CEO is mentioning a stock dividend now, so that takes care of the cash on hand.

[–] justOnePersistentKbinPlease@fedia.io 3 points 2 days ago (2 children)

That would be a valid assessment if the stock price had jumped after the quarterly earnings.

Their stock price jumped before the quarterly earnings was announced. It has nothing to do with it, nor any of their fundamentals

Also notice:
Cash flow is neutral or negative and has been for a while now. Revenue peaked in 2018 is now less than 62% of that peak. Revenue per quarter is also down 11% year over year.

Company lost 34 million dollars last quarter, and has not had a positive operating income since feb 2018. https://www.msn.com/en-ca/money/watchlist?tab=Related&id=a1tyxm&duration=1Y&src=b_fingraph&relatedQuoteId=a1tyxm&relatedSource=MlAl&l3=L3_Financials

You can fuck off with the "no one cared about the holocaust" bullshit.

My Oma's family sheltered a jewish family during WW2 during Nazi occupation.

They didn't know precisely what was happening, just that jewish people were being targeted and vanishing anywhere the Nazis controlled. A jewish family that was friends with her dad mostly fled to the US, but one man(a lawyer if memory serves) and the elderly mother stayed behind as she was deemed too sick to survive the trip. Her parents put them up.

Shortly after they were betrayed (by a starving neighbor desperate for rations who questioned why a healthy family of three had daily house calls from a doctor.)

A local industry (owned by a friend of the lawyer) stepped out and tried to get everyone including the jewish people, released from Nazi custody in return for the company relenting to Nazi pressure and helping them.

The Nazis released all of the non-jewish people, including my great-grandfather. The business changed their output slightly so that it wouldn't be noticed that the pipes were sigificantly weaker than they should be.

[–] justOnePersistentKbinPlease@fedia.io 14 points 3 days ago (14 children)

Recall that the first quarter after the whole WSB thing, they had something like 2 billion in cash from that whole thing.

A year later, they had 1 billion.

Half a year later, 500 million.

All of a sudden this quarter, after shutting down stores all over the place and gutting their staff, they're claiming 4 billion cash on hand, helped out by unproven social media claims growing their stock price 30%.

doubt. Their business model relies on physical games being sold multiple times, once when new, and then multiple times as used copies. This is why they're focusing on retro consoles. New consoles have passable online marketplaces, so Gamestop cannot compete, and are completely inferior to PC gaming, which hasn't needed Gamestop in 20 years.

[–] justOnePersistentKbinPlease@fedia.io 58 points 3 days ago (18 children)

It has absolutely nothing to do with their entire core business model being obsolete.

Nor with the issue that they've been hemmoraging money at a staggering rate.

Its only foregone if you don't rise up and force it to end.

Standard conservative lie.
Sell assets and put them in the budget to mask the deficit and "pay for" tax cuts.

Stephen Harper and Pierre Poilievre turned a $15 billion / year surplus into a $20 billion / year deficit that way, masking it as "only" $10 billion a year for 8 years.

[–] justOnePersistentKbinPlease@fedia.io 8 points 4 days ago (1 children)

If anyone did, he would blame Canada and Denmark amd probably Gaza because Putin and Bibi told him to.

I thought JD Vance is the director of couch fertility?

[–] justOnePersistentKbinPlease@fedia.io 6 points 4 days ago (3 children)

What? All Google services have always been corrupt data theft systems.

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