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1/2
Still haven't seen this mentioned in any GME story, so I'll try to lay out: GME is a case study in surveillance capitalism.
This case study shows that covid has accelerated the trend of companies ditching older business models for this new model (which is a money machine impervious to pandemics or anything short of the internet going down)
this is not to say "i like the stock", it is to point out how we are careening into a bad bad time and no one realizes it yet. even though the warning signs are so loud
2/2
GME has a bunch of cash and revenue left over from their days as a retailer. They also have a large customer base in their membership program.
They are restructuring to sell that data on the behavior futures markets. In short, they are restructuring to have a tech business model
#GME #surveillanceCapitalism