Buying GameStop Stock At Present Levels Is 'Taking Your Life In Your Hands,' Says Cramer

benzinga2021-03-25

CNBC’s Jim CramersaidWednesday that whileGameStop Corp.’s recent quarterly results were “about as good as anyone could’ve reasonably expected,” he believes the video game retailer remains overvalued. ...

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

Eventz
2021-03-25
Eventz
Still gonna believe
Migggy
2021-03-25
Migggy
…
- Migggy:
  ...
EKJH
2021-03-25
EKJH
Yes

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1190337792?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-25 15:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1190337792","market":"us","top_or_hot":-1,"title":"Buying GameStop Stock At Present Levels Is 'Taking Your Life In Your Hands,' Says Cramer","media":"benzinga","content":"<div>\n<p>CNBC’s Jim CramersaidWednesday that whileGameStop Corp.’s recent quarterly results were “about as good as anyone could’ve reasonably expected,” he believes the video game retailer remains overvalued.\n...</p>\n\n<a href=\"https://www.benzinga.com/news/21/03/20332056/buying-gamestop-stock-at-present-levels-is-taking-your-life-in-your-hands-says-cramer\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Buying GameStop Stock At Present Levels Is 'Taking Your Life In Your Hands,' Says Cramer</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\">\nBuying GameStop Stock At Present Levels Is 'Taking Your Life In Your Hands,' Says Cramer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 15:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/03/20332056/buying-gamestop-stock-at-present-levels-is-taking-your-life-in-your-hands-says-cramer><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CNBC’s Jim CramersaidWednesday that whileGameStop Corp.’s recent quarterly results were “about as good as anyone could’ve reasonably expected,” he believes the video game retailer remains overvalued.\n...</p>\n\n<a href=\"https://www.benzinga.com/news/21/03/20332056/buying-gamestop-stock-at-present-levels-is-taking-your-life-in-your-hands-says-cramer\">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://www.benzinga.com/news/21/03/20332056/buying-gamestop-stock-at-present-levels-is-taking-your-life-in-your-hands-says-cramer","article_id":"1190337792","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1190337792","pubTimestamp":1616658367,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"CNBC’s Jim CramersaidWednesday that whileGameStop Corp.’s recent quarterly results were “about as go","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"克莱默说，以目前的水平购买游戏驿站的股票是在拿自己的性命去冒险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"CNBC’s Jim CramersaidWednesday that whileGameStop Corp.’s recent quarterly results were “about as good as anyone could’ve reasonably expected,” he believes the video game retailer remains overvalued.\nWhat Happened: On Tuesday, GameStopreportedfourth-quarter results that missed analysts’ estimates, while its e-commerce business registered a year-over-year increase of 175%. This was the company’s first quarterly results after its Reddit-fueled stock price surge since January.\n“I’m much more of a believer than I was yesterday, but I also think you’re taking your life in your hands if you buy the stock up here. Let it sink to the mid-double digits, then I’ll get back to you,” Cramer, the host of CNBC’s Mad Money, said.\nCramer added that buying GameStop’s stock now would be like betting that the company’s major shareholder and Chewy Inc.CHWY 0.03%co-founder Ryan Cohen’s plan to transform the brick-and-mortar retailer into a technology business will be “wildly successful.” He noted that the stock could have rallied following the release of the quarterly results if it was trading at $30 or less per share.\nCramer also criticized GameStop’s management for not providing an outlook or details about the company’s transformation plan.\nWhy It Matters:Shares of GameStop and other heavily-shorted stocks such asAMC Entertainment Holdings Inc.AMCskyrocketed in January as retail traders belonging to the Reddit Investor forum r/WallStreetBets bid up the stocks to create a short squeeze. GameStop’s stock has soared about 870% since its previous quarterly results last December.\nGameStopdisclosedTuesday it may sell additional equity shares as it seeks to capitalize on the stock surge this year.\nPrice Action:GameStop shares tumbled almost 34% on Wednesday to $120.34, but rose almost 7.4% in the after-hours session.","kind":"news","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":358360841,"gmtCreate":1616663342483,"gmtModify":1704797075854,"author":{"id":"3575501095193779","authorId":"3575501095193779","name":"Eventz","avatar":"https://static.tigerbbs.com/561d1c8e24de54b1a690985af735fbf6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575501095193779","authorIdStr":"3575501095193779"},"htmlText":"Still gonna believe&nbsp;","listText":"Still gonna believe&nbsp;","text":"Still gonna believe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358360841","repostId":1190337792,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358309536,"gmtCreate":1616658838825,"gmtModify":1704797008173,"author":{"id":"3578695934584485","authorId":"3578695934584485","name":"Migggy","avatar":"https://static.tigerbbs.com/ab5d196005db06bf5ba9a28f6e332b65","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578695934584485","authorIdStr":"3578695934584485"},"htmlText":"…","listText":"…","text":"…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358309536","repostId":1190337792,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3879234,"gmtCreate":1616658852788,"gmtModify":1680781667873,"authorId":3578695934584485,"author":{"id":3578695934584485,"idStr":"3578695934584485","authorId":3578695934584485,"name":"Migggy","avatar":"https://static.tigerbbs.com/ab5d196005db06bf5ba9a28f6e332b65","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358309536,"type":1,"supId":0,"prevId":0,"content":"...","text":"...","html":"..."}],"langContent":"EN"},{"id":358977891,"gmtCreate":1616658556513,"gmtModify":1704797004740,"author":{"id":"3568029734276427","authorId":"3568029734276427","name":"EKJH","avatar":"https://static.tigerbbs.com/06f0e99b30413a6fa33a2cbae4d65eec","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568029734276427","authorIdStr":"3568029734276427"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358977891","repostId":1190337792,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":10,"commentSize":3,"repostSize":0,"favoriteSize":0,"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":"4.29.3","shortVersion":"4.29.3","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/1190337792"}