A Realistic Look at GameStop's Value

GameStop Corp. (GME, Financial) is known as a “meme” stock. Who knows what that really means? A realistic look at this loss-making business is that it is now worth about $10 per share – maybe a little more or less.Everything else above this is a speculative gamble on the ability of management to properly invest the cash and turn around the loss-making business.Let's take a realistic look at its value, right now – based on publicly available information – and without all the hype and any speculative assumpti ...