Tesla Market Cap = 625 Billion, Sales 24 Billion.... 26X
Game Stop Market Cap = 14 Billion, Sales 8 Billion... 1.75X
The Game Stop trade is "dumb" because Wall Street didn't pick it.
It's currently transitioning to e-Commerce and e-Sports.
By the way: SKLZ is a new SPAC company focusing on e-Sports, they loss about $200 million last year, no one knows when they will make a profit... (all projections)....
It recently had a market cap of close $20 billion....
If Game Stop becomes a growth play (people are looking at it as a value play)... the narrative completely changes.
GME would be priced at $2,800 using Tesla multiple...............
AND WE ARE CRAZY??????
Game Stop Market Cap = 14 Billion, Sales 8 Billion... 1.75X
The Game Stop trade is "dumb" because Wall Street didn't pick it.
It's currently transitioning to e-Commerce and e-Sports.
By the way: SKLZ is a new SPAC company focusing on e-Sports, they loss about $200 million last year, no one knows when they will make a profit... (all projections)....
It recently had a market cap of close $20 billion....
If Game Stop becomes a growth play (people are looking at it as a value play)... the narrative completely changes.
GME would be priced at $2,800 using Tesla multiple...............
AND WE ARE CRAZY??????