Gamestop Won’t Make You Rich Here, But It Could Break You

InvestorPlace2022-06-22

The Gamestop(NYSE:GME) meme is losing steam.Reckless investments are unlikely to pay off in the current bear market.Gamestop's $10 billion market capitalization is too high for a company without ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Skai
2022-06-22
Skai
$GameStop(GME)$ is doing so well even during the extreme bearish market. When the market turns bullish, the HFs are going to cry.
T2huat
2022-06-22
T2huat
Ok
jayjong
2022-06-22
jayjong
So it just mention wallstreetbets and no mention of r/superstonk and drsgme.org and this is like the 1001 article telling retailers not to buy. I smell alot of fud here....
Kkn
2022-06-22
Kkn
Ok
cocogoat
2022-06-22
cocogoat
PRESS ON BOIS WE R HITTING THEM WHERE IT HURTS
LowZackM
2022-06-22
LowZackM
FUD ignored.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1102644103?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-22 11:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102644103","market":"us","top_or_hot":-1,"title":"Gamestop Won’t Make You Rich Here, But It Could Break You","media":"InvestorPlace","content":"<div>\n<p>The Gamestop(NYSE:GME) meme is losing steam.Reckless investments are unlikely to pay off in the current bear market.Gamestop's $10 billion market capitalization is too high for a company without ...</p>\n\n<a href=\"https://investorplace.com/2022/06/gamestop-wont-make-you-rich-here-but-it-could-break-you/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gamestop Won’t Make You Rich Here, But It Could Break You</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGamestop Won’t Make You Rich Here, But It Could Break You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/gamestop-wont-make-you-rich-here-but-it-could-break-you/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Gamestop(NYSE:GME) meme is losing steam.Reckless investments are unlikely to pay off in the current bear market.Gamestop's $10 billion market capitalization is too high for a company without ...</p>\n\n<a href=\"https://investorplace.com/2022/06/gamestop-wont-make-you-rich-here-but-it-could-break-you/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://investorplace.com/2022/06/gamestop-wont-make-you-rich-here-but-it-could-break-you/","article_id":"1102644103","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102644103","pubTimestamp":1655867134,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"The Gamestop(NYSE:GME) meme is losing steam.Reckless investments are unlikely to pay off in the curr","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站不会让你在这里发财，但会让你破产","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"The Gamestop(NYSE:GME) meme is losing steam.Reckless investments are unlikely to pay off in the current bear market.Gamestop's $10 billion market capitalization is too high for a company without profit.Gamestop(NYSE:GME) stock staged a massive surge in March that fell away in April. This recent 43% spike likely could be the same.Investors should remain careful as the stock can cool off significantly in the coming weeks.The recent spike was likely due to hype, and investors will likely start taking profits as the bullish momentum cannot be sustained in the current market.In addition, GME stock has been among the most volatile due to the r/WallStreetBets community betting on the stock.However, the volatility will make GME less attractive to investors seeking stable stocks as the market falls.Gamestop’s poor finances aren’t going to help it in the long term as well since the company hasn’t turned a profit for more than four years.A Closer Look at GME StockGamestop’s recent performance was certainly impressive. However, it is evident that the meme is losing steam as GME fails to break previous highs.With rising interest rates, volatility, wars, supply chain issues and inflation, unprofitable companies such as Gamestop will inevitably be in trouble. The era of low-interest rates has passed, and it will be challenging for Gamestop to rescue its declining finances.There will also be far fewer people that can afford to risk their money into meme stocks such as GME.A lack of stimulus combined with high rent and inflation won’t leave much wiggle room for high-risk investments. Therefore, the hype surrounding GME stock will likely continue to decline.Gamestop’s Outrageous Market CapEven though the company has raised significant amounts of money from the GME stock meme, it is unlikely to be enough to stop Gamestop’s long-term downfall.Gamestop has continued to miss earnings calls, and its net income has continued to go deep into the negative. The recent quarter saw a loss of $157.9 million, which is a 136.38% decline year over year.The company’s net profit margin has also dropped by 11.46%, a 119.12% decline YoY, while its operating income has plunged by almost 200%.With those metrics, any serious investor is unlikely to be wooed by Gamestop. The company’s priority should be its profitability, which will likely be an uphill battle in the current market.Avoid Reckless Investments as the Bear Market ContinuesThe recent inflation report has made the stock market dip again, and almost all the gains made in the last two weeks have been wiped out. The entire global economy is facing headwinds with global food shortages and a possible recession.The stock market is also facing extreme volatility, and most investors have started to seek more stable stocks.Investing in GME stock might have been fun in 2021 when quantitative easing was at its peak and everything went up regardless of fundamentals. However, investing in such stocks now is not a good idea.Meme assets are likely to have a few spikes, but they are unlikely to pull a profit in the long term.Therefore, I recommend not buying volatile assets such as GME stock. The window of opportunity has long passed since the stock’s market cap is now almost $10 billion and needs to cool down.Any gains you make won’t be life-changing, while a sudden crash certainly will be for the worse.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9043198589,"gmtCreate":1655883835441,"gmtModify":1676535725453,"author":{"id":"3581985274026406","authorId":"3581985274026406","name":"Skai","avatar":"https://community-static.tradeup.com/news/895ee4bbfa814435328502a50bbee0a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581985274026406","authorIdStr":"3581985274026406"},"htmlText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>&nbsp;is doing so well even during the extreme bearish market. When the market turns bullish, the HFs are going to cry.&nbsp;","listText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a>&nbsp;is doing so well even during the extreme bearish market. When the market turns bullish, the HFs are going to cry.&nbsp;","text":"$GameStop(GME)$ is doing so well even during the extreme bearish market. When the market turns bullish, the HFs are going to cry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043198589","repostId":1102644103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043325635,"gmtCreate":1655876753027,"gmtModify":1676535724166,"author":{"id":"4097408260137130","authorId":"4097408260137130","name":"T2huat","avatar":"https://static.tigerbbs.com/1a4dd163528b9498d56683bd49a808d2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4097408260137130","authorIdStr":"4097408260137130"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043325635","repostId":1102644103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043317733,"gmtCreate":1655871896022,"gmtModify":1676535723135,"author":{"id":"3572242811173585","authorId":"3572242811173585","name":"jayjong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572242811173585","authorIdStr":"3572242811173585"},"htmlText":"So it just mention wallstreetbets and no mention of r/superstonk and drsgme.org&nbsp; and this is like the 1001 article telling retailers not to buy. I smell alot of fud here....&nbsp;","listText":"So it just mention wallstreetbets and no mention of r/superstonk and drsgme.org&nbsp; and this is like the 1001 article telling retailers not to buy. I smell alot of fud here....&nbsp;","text":"So it just mention wallstreetbets and no mention of r/superstonk and drsgme.org and this is like the 1001 article telling retailers not to buy. I smell alot of fud here....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043317733","repostId":1102644103,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043318247,"gmtCreate":1655871080089,"gmtModify":1676535723041,"author":{"id":"3558350825461352","authorId":"3558350825461352","name":"Kkn","avatar":"https://community-static.tradeup.com/news/9e1693e69f93e0106f07426155df33ae","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3558350825461352","authorIdStr":"3558350825461352"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043318247","repostId":1102644103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043318084,"gmtCreate":1655871020748,"gmtModify":1676535723025,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"cocogoat","avatar":"https://static.tigerbbs.com/7a6abbaa6464f401dda94bc10ec732ff","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"htmlText":"PRESS ON BOIS WE R HITTING THEM WHERE IT HURTS&nbsp;","listText":"PRESS ON BOIS WE R HITTING THEM WHERE IT HURTS&nbsp;","text":"PRESS ON BOIS WE R HITTING THEM WHERE IT HURTS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043318084","repostId":1102644103,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9043310682,"gmtCreate":1655870532946,"gmtModify":1676535722957,"author":{"id":"3573568310387546","authorId":"3573568310387546","name":"LowZackM","avatar":"https://static.tigerbbs.com/768e9ec80d5d9568297fe487c4b4c95a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3573568310387546","authorIdStr":"3573568310387546"},"htmlText":"FUD ignored.","listText":"FUD ignored.","text":"FUD ignored.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043310682","repostId":1102644103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":68,"commentSize":12,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102644103"}