It is likely that buybacks of at least 20M shares have happened after the quarterly results were released in September.
Assuming the reduced share count of 70M shares, future EPS and intrinsic value per share are greater than before.
With a short interest of 67M shares as of 11/15, news of share repurchases should cause a short squeeze.
Short squeeze notwithstanding, cost reductions as well as debt and share count reductions should result in EPS of over $4 in 2021.
GameStop (GME) will report quarterly results in two weeks. While the earnings and cash flow numbers will be interesting to see, the most important metric I am looking for is how many shares