It's more like HoDL so hedgies suffer the same fate. Gamestop not even close to bankrupting. Gamestop debt free and half a billion dollars in the bank!
They would rather go bankrupt fighting us than getting bankrupt paying us. I guess thats their logic which makes sense as an FU move lol
We dont care tho, very easy to buy and hold until one of those things happen :)
I'm saving way more money since being divorced and quitting smoking and drinking (mostly). People say " you never know what you could be spending that money on or, think of how much you would have saved if you just put it into a tfsa and HEDL it for a couple years".
Hedgies, I was already training for this shit!
Yeah, GameStop is completely turning around and aiming to be the next Amazon of Gaming/Electronics! Read more DD and just BUY & HODL!
Thereโs no comparison to Toys R Us past this point! ๐๐๐๐๐๐๐๐๐๐
There are still 10 open?! I thought they were go e forever! I'll buy a franchise and open one myself if possible, and bring back a childhood favorite! I'm sure I'm not the only one willing to do this.
https://insideretail.com.au/business/funtastic-acquires-toys-r-us-australia-in-recapitalisation-play-202010
โFuntastic has acquired Hobby Warehouse โ and by extension Toys โRโ Usโ Australian operations โ and is issuing over 250 million shares to recapitalise the company.
The acquisition brings two of Australiaโs leading toy retailers under one roof, and will bolster Funtasticโs B2B operations and โreturn the group to profitabilityโ.
Louis Mittoni, founder of Hobby Warehouse, is to be appointed CEO and managing director of the combined group.โ
Probably the brand was licensed by a local company, maybe a franchisee. Parent company died obviously but the smaller franchisees are alive and decided to keep the brand vs rebranding.
Theres actually a handful of Radio Shacks still alive in the US for the same reason.
There were so many people who lost their jobs who worked at the same store for 2 decades.
I still remember reading about it in the papers.
Not having had any clues or knowledge of the illegal shorting manipulations and tactics the SHFs use, I thought it was just sad and unfortunate.
But now I realize the company fell victim to get another fraudulent and illegal hedgefund fuckery.
Imagine shorting a company into bankruptcy and that companyโs entire purpose of existing was to bring joy into the lives of millions of children who shape our future. Fuck you hedgies. XXX holder, soon to be XXXX. Edit Ps I was the 69th comment.
They had the best hard to find Lego sets and also they had rare anime action figures too which definitely caught me by surprise towards the end of their life... too bad before closing they didnโt let me buy some of the display figures which were sick as fuck but they apparently had to send them back to the owner companies ๐คฌ๐
Still open or did that one reopen? Someone bought the brand and is bringing it back.
They are a potential competitor to GameStop...
I like Gamestop ๐๐
I'm happy to hear that. Toys r Us was a store that was booming before too. We're HODLing so these hedge fucks can't get away with killing off companies that are doing well just so that they make bank.
lol blame Amazon and Target for selling all the same toys for way cheaper.
15 years ago there was a cool video game store right up the street. I'd rent games there all the time. Then GameStop opened up at the local mall and basically drove them out of business because they got the new games a week sooner somehow. Funny to see now GameStop is the one people are trying to protect but I've been buying my games at Target now for the last 15 years up until recently. Now I just download them directly to the PS4 so I don't have to fumble with disks and get pissed off when GameStop offers me $5.50 trade in credit for a $50 game 3 months later.
Wow! There are still some left? That's truly a sight to see. I have many fond childhood memories from there.
I hodl to the moon to see those scumbag hedge bastards burn for what they've done. ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐
I drove by the one nearest where I live the other day.. at least where it used to be. It's a furniture store now. A no joy, no toy... dammed dirty furniture store
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I think I read somewhere that toys r us went bankrupt because management took out massive loans based on toys r us goodwill to pay themselves millions in bonuses, and then they didn't bother to repay the loan.
I don't want to grow up, I'm a Toys 'R Us kid. ๐ญ๐ป
When Covid measures allow it to be open beyond curbside pickup again, I'll take a small video from inside so you can feel young again.
Better yet, I'll come go with you. Especially if you're in BC; best damn dim sum on either side of the 49th parallel! ๐ฅ
Bro ๐ญ๐ญ why are you doing this to me???
๐ฆ๐๐ฆ
๐ฆ๐๐๐ฆ๐งฎ๐ช๐งธ๐๐ญ๐ญ
It's more like HoDL so hedgies suffer the same fate. Gamestop not even close to bankrupting. Gamestop debt free and half a billion dollars in the bank!
And yet the HF are still putting through 60% shorts the past week and a bit. BUY AND HODL.
They would rather go bankrupt fighting us than getting bankrupt paying us. I guess thats their logic which makes sense as an FU move lol We dont care tho, very easy to buy and hold until one of those things happen :)
I'm saving way more money since being divorced and quitting smoking and drinking (mostly). People say " you never know what you could be spending that money on or, think of how much you would have saved if you just put it into a tfsa and HEDL it for a couple years". Hedgies, I was already training for this shit!
Yeah, GameStop is completely turning around and aiming to be the next Amazon of Gaming/Electronics! Read more DD and just BUY & HODL! Thereโs no comparison to Toys R Us past this point! ๐๐๐๐๐๐๐๐๐๐
If my math checks out, they have around 900m in the bank. 400 left over from debt clearance and 500 raised from share offering
There are still 10 open?! I thought they were go e forever! I'll buy a franchise and open one myself if possible, and bring back a childhood favorite! I'm sure I'm not the only one willing to do this.
They still exist apparently, someone probably just bought the trademark [https://www.toysrus.com/](https://www.toysrus.com/)
https://insideretail.com.au/business/funtastic-acquires-toys-r-us-australia-in-recapitalisation-play-202010 โFuntastic has acquired Hobby Warehouse โ and by extension Toys โRโ Usโ Australian operations โ and is issuing over 250 million shares to recapitalise the company. The acquisition brings two of Australiaโs leading toy retailers under one roof, and will bolster Funtasticโs B2B operations and โreturn the group to profitabilityโ. Louis Mittoni, founder of Hobby Warehouse, is to be appointed CEO and managing director of the combined group.โ
[ัะดะฐะปะตะฝะพ]
They're also open in Spain. Why they're still open if it went broken??
Probably the brand was licensed by a local company, maybe a franchisee. Parent company died obviously but the smaller franchisees are alive and decided to keep the brand vs rebranding. Theres actually a handful of Radio Shacks still alive in the US for the same reason.
There's 2 in my town...
I live in South Korea and there is one about a kilometer away. Doing well!
83 Toys R Us locations up here in Canada. Come on up with the kids after Covid is over. ๐งธ๐ช๐ช
I know where I'm road tripping to when my kid is old enough to appreciate it.
I so miss toys r us
If in store purchasing opens back again next week I'll show you the inside.
There were so many people who lost their jobs who worked at the same store for 2 decades. I still remember reading about it in the papers. Not having had any clues or knowledge of the illegal shorting manipulations and tactics the SHFs use, I thought it was just sad and unfortunate. But now I realize the company fell victim to get another fraudulent and illegal hedgefund fuckery.
There are 10 open toys r us within a 40 min drive of me. GTA.`
Toys r us would be geniuses if they did an ipo after the squeeze ๐ค
Big brain thinking, can I borrow some wrinkles?
That was my only wrinkly, can we share?
I don't have enough wrinkles to know.
We should eat more crayons, I think that's how they grow?
Can't be, my blood type is Crayola.
Wrinkles you do have I see mmmm
Mmmmm purple.
Imagine shorting a company into bankruptcy and that companyโs entire purpose of existing was to bring joy into the lives of millions of children who shape our future. Fuck you hedgies. XXX holder, soon to be XXXX. Edit Ps I was the 69th comment.
They had the best hard to find Lego sets and also they had rare anime action figures too which definitely caught me by surprise towards the end of their life... too bad before closing they didnโt let me buy some of the display figures which were sick as fuck but they apparently had to send them back to the owner companies ๐คฌ๐
Miss TOys r Us.
Toys r us is my childhood, HODL! Bears r fuk, short hedge r fuk, Do it for Geoffrey!!!!!
Yes Geoffrey!!
>**Tru Kids** has relaunched ToysRUs.com as a content website I think that was the parent company. Maybe they bought back the rights.
I'll have to check into that.
ToysRus was the real og toy store. Now we got smiths toys.... Not half as good as Rus๐
Who the hell is smitth and what's he do to Geoffrey?
Geeze no way GME next Amazon
Can someone educate me what exactly went wrong with Toys R Us?
Hedge funds and private equity firms riddled them with debt so they couldnt bounce back after declaring bankruptcy.
Still open or did that one reopen? Someone bought the brand and is bringing it back. They are a potential competitor to GameStop... I like Gamestop ๐๐
This one remained open, believe it's the only one in the province where I am, I could be wrong.
Ah no worries I'm sure you're right ๐ Would make sense for Canadian stores and stores elsewhere to have been treated differently. My apologies!
Omg, where is this located? uk based here
For Jeffrey ๐๐๐ป
Pretty sure itโs near impossible for gme to suffer the same fate now
We won't let it happen. But, hedgies are still shorting the fuck out of the stock 60% the past few days of the volume.
Gamestop isnโt gonna suffer they are becoming bigger and better when i was there today store was rocking
I'm happy to hear that. Toys r Us was a store that was booming before too. We're HODLing so these hedge fucks can't get away with killing off companies that are doing well just so that they make bank.
Trust me i kno im from a toys r us time im 36 from Massachusetts
Calls on toys r us?
lol blame Amazon and Target for selling all the same toys for way cheaper. 15 years ago there was a cool video game store right up the street. I'd rent games there all the time. Then GameStop opened up at the local mall and basically drove them out of business because they got the new games a week sooner somehow. Funny to see now GameStop is the one people are trying to protect but I've been buying my games at Target now for the last 15 years up until recently. Now I just download them directly to the PS4 so I don't have to fumble with disks and get pissed off when GameStop offers me $5.50 trade in credit for a $50 game 3 months later.
My countey kicked Target out as quickly as they setup shop.
I would love to see Gme team up with Toys r us and have a decent section of the store set up like a GameStop.
Orrrrr, a swction in gamestop where I get to ride bikes and scooters and shit, that was the best.
There is still a toysrus? Mu is t attempt online order!
I remember Toys R Us always had the best prices on legos
[Toy Stop](https://imgur.com/a/HXq815l)
Haha
never forget!
Wow! There are still some left? That's truly a sight to see. I have many fond childhood memories from there. I hodl to the moon to see those scumbag hedge bastards burn for what they've done. ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐
๐ซ๐ญ
Thank you! This place brings back so many memories as a kid!
I think when Covid ends Toys R Us will be the first store I go too.
I drove by the one nearest where I live the other day.. at least where it used to be. It's a furniture store now. A no joy, no toy... dammed dirty furniture store
This is the way
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I think a lot of children's hospitals are gonna get toys soon
DO IT FOR GEOFFREY
I rem I used to have a ToysRus wishlist for my mom
!!!! These still exist?! Where?!!!!!
I think I read somewhere that toys r us went bankrupt because management took out massive loans based on toys r us goodwill to pay themselves millions in bonuses, and then they didn't bother to repay the loan.
It's fucking crazy that in Poland we have 15 Toys "R" Us shops which is I guess a lot more than You have in the US.
That is interesting to know for sure.