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GMEJuly 20, 2026
Thesis holds

A reason to own GameStop held.

Helm tested one of the reasons to own GameStop against a primary source and recorded what it found. The sentence below is quoted exactly as it was published.

The claim under test

Cost cuts keep the core retail business at or near breakeven while the pivot plays out

What the source actually says
The remedy is aggressive cost-cutting to bring eBay’s operating expenses in line with Chewy, the online pet food retailer Cohen founded, and rivals such as Wayfair.
SEC filingJuly 20, 2026Read the source
Why it matters

The focus on aggressive cost-cutting at eBay supports the core retail business breakeven strategy while the pivot plays out.

Helm runs this against house theses in public and against your own holdings inside the terminal. Scan a ticker.