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This Is What Happened to the GameStop Mania
Odd Lots
Is Tiger Gaming a Value Play?
The company had a net cash position of five bucks a share on its balance sheet, and it was trading at three bucks a share. At the beginning of 20 19, a new management team comes in, and they slash the dividend to zero. The stock has fallen down to about three bucks from 16. That's the time that i think a lot more became aware of this idea that it's not just in terminal decline, or at least there's enough opportunity at three dollars per share to get a reasonable rate of return.
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