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How (And Why) Investors Should Play GameStop
Article By:
Money Morning
Thursday, April 8, 2021 7:41 AM EDT
Before GameStop Corp. exploded onto the market's "main stage" in January, it was a struggling brick-and-mortar video game retailer, years past its prime. Its shares floated along in the sub-$10 range for months.
GME Shares Plunge As Company Moves To Sell 3.5M New Shares
Article By:
Tyler Durden
Monday, April 5, 2021 8:53 AM EDT
GameStop announced Monday morning that it would issue up to 3.5M new shares in an at-the-money offering. The proceeds will help GME accelerate its pivot to digital, the company said in a prospectus filed with the SEC.
In this article: GME
How (And Why) Investors Should Play GameStop
Well said, Wall Street Bets was right that $GME was worth more than the street believed, but once it rose so much... well there is no point in buying an over valued stock.
Wedbush Downgrades GameStop To Sell With $29 Price Target
HFS shorted the entire Russell 2000, or in other words, every single ETF with $GME in it!
See: charts.stocktwits.com/.../original_307686362.png
GameStop Reports 175% E-Commerce Growth In Q4
But $GME revenue was down 10% from 2019 as a whole. This 175% number just means that their online sales were previously pathetic and don't make up nearly enough of their business as they need it to.
GameStop's Stock Price Is Still 'Very Detached From Fundamentals'
I disagree with your analysis of the fundamentals here. #Gamestop has a lot of potential, especially with the newest addition to the board and a plan to pivot towards digital. Bullish on $GME.
Bitcoin Bursts Back Above $40k, Ethereum Open Interest Hits New Highs
Such a nonsense, this #ethereum interest. Absolutely no reason, simple pump like $gme
Imagine if GameStop Sold Games as Exciting as Its Stock
If I wanted a game as stressful as trading $GME I would just play Dark Souls lol.
Caveat Emptor - Are You A WSB 'Useful Idiot'?
Thousands! Go $GME
Caveat Emptor - Are You A WSB 'Useful Idiot'?
How much are you willing to lose on $GME to prove your point?
Caveat Emptor - Are You A WSB 'Useful Idiot'?
You still don’t get it! It is not about the money. It is not business... it is personal.
I simply don’t give a damn if I lose money on $GME as long as the short selling hedge funds suffer.
Fintech Startup Robinhood Announces It Will Support Cryptocurrency Trading
Do you think #Robinhood was right to suspend trading on $GME?