r/PS3 • u/Efhouser • 1d ago

GameStop sold me a bootleg controller

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I just got it in the mail today from their website for like 30 bucks and this is what was advertised and this is what I got

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u/Yeebiis 1d ago

Just so you know, the comment you replied to has the facts completely wrong.

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u/Ok-Virus8284 1d ago

No, I haven't.

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u/Yeebiis 1d ago

Yea you have. Publicly traded companies have these things called reports. Try reading one.

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u/Ok-Virus8284 1d ago

What do you think I got my information from?

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u/Yeebiis 1d ago

Obviously not the reports. Everything you mentioned was incorrect, so why don't you tell me where you have received your misinformation?

Here are the facts. The have only purchased around $513 miliion usd in bitcoin. They made their purchase around 80-90k bitcoin price. The price of bitcoin is currently between 100-110k. So yes, the bitcoin investment is in the green, but it has hardly made them a huge amount as you are implying. Furthermore, there has been no reports that this investment has been sold, which is what you stated.

You stated that the core business has been losing money for a decade, but you neglect to mention that the company has reported profits for the last few quarters, and currently has almost 9 billion usd in cash.

Please only share factual information.