REPOST 08/2022: GME Outstanding Shares turnover compared to MSFT, AAPL, TSLA and some of the "meme Basket". While 10y MSFT turnover is 11x, AAPL 29x, KOSS 73x, AMC 79x, TSLA 87x GME 158x, BBBY 177x.
REPOST 08/2022: GME Outstanding Shares turnover compared to MSFT, AAPL, TSLA and some of the "meme Basket". While 10y MSFT turnover is 11x, AAPL 29x, KOSS 73x, AMC 79x, TSLA 87x GME 158x, BBBY 177x.
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The float is much smaller if you compare to aapl or msft, don’t see how it’s relevant ?
Regarding the float, that statement is false. Actually, the GameStop float was negative for many years as institutions alone held well over 100% of outstanding shares (see e.g. https://i.redd.it/c44cmb67mtf61.png).
6 comments