GameStop's ($GME) Cash Position and the Best Way to Play It

[@FrankCanonico-o5p]

Attempting to value cash on hand as a percentage of stock price for a stock as volatile as GME seems flaky to me. Why not just divide $4B by the number of outstanding shares? If you think it isn't ever going below $13/share again, just say that. It's not like people are going to argue with that at this point - and look at how much time you would save!

[@thehourglasstrader9280]

Because share price = market cap / shares outstanding. It’s the same calculation.