Mar. 23 at 3:09 AM
$GME There's been much speculation about potential acquisition targets for GME. Ebay seems to be the frontrunner, but the leverage and cash required for that deal would sink both companies imo. I'd like to throw out a different idea. How about stakes in
$KSS,
$SPWR, and
$AMC?
Here's why:
1. With its real estate holdings and p/s of 0.09, KSS is highly undervalued. A controlling stake in KSS would likely cost GME less than a third of its cash hoard. For that relatively small amount, GME can put mini-gamestops into every kohl's and wind down about 1000 underperforming locations. Think of the savings in lease fees. Profit!
2. Having gamestops in kohl's stores would raise brand awareness and sales for both. Synergy!
3. The short interest in KSS is around 30% of float, perhaps enough for one last squeeze. If the sp can reach high enough, KSS could raise money to pay off some debt or take a stake in something like Wayfair. Expansion!
(Continued in the replies...)
