There are only 6.33 million GKNT shares and ~38% of them are closely held. The company has ~$25 million in cash with $0 of debt. I like these numbers because right now GKNT has a 13.8 short-interest-ratio (SIR). Thin float, high SIR.
The success of Geeknet is dependent on the success of ThinkGeek. The following are a couple of recent press releases from ThinkGeek.
- ThinkGeek Unveils New Ghoulish Halloween Products [2011.10.13]
- ThinkGeek.com Launches New Mobile-Friendly Site [2011.10.11]
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