DO NOT SELL YOUR GME SHARES OR OPTIONS UNTIL AFTER 11AM!!!
READ BELOW 🙏🙏🙏🙏🙏 HOLD THE LINE 🦍 REPOST & SHARE ASAP
$GME #GME@wallstreetbets
Have fun fellow degens 💪 nfa
7/ $GME “... when it comes to being the category experts… you call us and we know the product better than anyone else we’re the best in the business.” youtu.be/wRKXvIzEU-Y?t=…
8a/ $GME "The vision for the company was to replicate the experience I had in the neighborhood pet store but do it online and do it at scale.... doing all these things to really delight our customers and show our customers we're bringing a face to e-commerce...
8b/ $GME within a category like pets where customers are so fanatical all of those small things just create this loyalty, & once customers shop at Chewy they continue shopping at Chewy & tell all their friends and family about this incredible experience." youtu.be/wRKXvIzEU-Y?t=…
9/ $GME [Cohen] likens his obsessive focus on building Chewy to his approach to stock picking. “I don’t want to swing for a single,” he says. bloomberg.com/news/articles/…
10a/ $GME “...and I thought wow, if customers can go bananas for shoes online, imagine if we could do it for pet customers who are as fanatical and obsessed with their pets like I am…
10b/ $GME An emotional connection & a differentiated niche isn’t enough unless there is existing demand. In the pet space, there was demand – a $75 billion TAM for consumable products that people needed to order repeatedly… [RK note: gaming = rapidly growing $150B industry]
10c/ $GME Right now [Cohen] is trying to figure out what the next “something” will be for him. "I look at almost everything that comes to me, but I say no to 99.9% of it."
#27789155790b" target="_blank" rel="nofollow noopener">forbes.com/sites/joanverd…
11/ It’s impossible not to think of $GME when you read and listen to how Cohen succeeded with $CHWY. Replace “pet” with “gaming” and it’s the exact same strategy. It’s absurd.
12/ That’s all for now cuz I’m out of breath. FYI here’s a quick 4min video I put together to summarize the $GME bull case... it’s followed by some other deeper dive $GME videos: youtube.com/watch?list=PLl…
14/ Cohen upped his $GME stake today – now owns 9.6% of the company based on the latest outstanding share count we have. In theory he could own over 15% if mgmt has exhausted the remaining buyback authorization.