GME is currently sitting on roughly $4.6 billion in cash after diluting investors again this week. I think there is likely to be short term pain, and I can see a retest of the $17.50 trendline. I think the $17.50 price level would be an excellent buying opportunity, but I would also still be cautious for any signs of a market downturn after the Fed pivot.

There is a common trend where companies have raised money by diluting their existing investors. I think right now companies want to strengthen their financial position to sustain their business operations. Small cap stocks that have sufficient cash will present the best investment opportunities. I think stocks like GME, AMC, and HOLO have made the right moves by securing their financial situation over the next few years.

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