Chebucto Regional Softball Club

Fair. I suppose it is groundbreaking in the same way as World of Warcraft and League of Legends are groundbreaking. Neither of them actually introduced new concepts. But they put them together in a way that no one else had before.

It is worth pointing out that the first few generations were legitimately groundbreaking for mechanics as well.

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

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.

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.