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GameStop Preparing Offer for eBay

wsj.com

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Re: GameStop Preparing Offer for eBay

#4
post #3

Whoa! What a turn around. Does any one know if this is because of an overhaul of Gamestop's board or something? And why ebay?

It's entirely because it's a meme stock and ended up with cash on hand; it still isn't a successful business.

Look at Tesla; they've shit in their own shoe for the past decade, but because of the "Elon is a tech genius" meme, it continues unabated.

All these are variants on the ability of things that are popular to exist without criticism, aka, the Emperors New Clothes.