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DOMO Capital Management, LLC Profile picture
DOMO Capital Management, LLC
@DOMOCAPITAL
A WI Registered Investment Advisor founded in 2007 by Justin Dopierala. Annualized net returns over 20% from inception, 10/8/08, through 1/31/21. #YOLOwithDOMO
Mar 2, 2021 • 12 tweets • 5 min read
What the financial media hasn't discussed yet to my knowledge (@jimcramer tagging you b/c I know you seek the truth and I respect you):

1) Most of $GME losses last few years were due to non-cash write-offs.

2) Most of $GME revenue decline is due to the sale of Spring Mobile. 3) The recent sudden drop in business the last 1.5 years was due to customers waiting for next-gen consoles. This only created pent-up demand.

4) Console sales have been declining for nearly 20 years, but those that did DD knew this was about to reverse w/ the next-gen consoles.