PaulMardling
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So why is it up 5%
GameStop Stock Looks Like a Sinking Ship: Now’s the Time to Jump
It's interesting that low volume is portrayed as a negative event. If you look at the majority of the big breakouts with $GME, they usually happen after volume has decreased significantly.
GameStop's Trading Volume Slips to Lowest Level Since Early May
~$11 per share in cash. Likely $20,000,000/year in accrued interest if that cash sits. The legacy business is shrinking to make certain the balance sheet stays green and then there's $4 billion in cash to find a way to make profits, and likely more pumps by the hedge funds who are under water on their 2016-2021 shorted stocks that have yet to close. A GME board member has been tweeting about companies that have made big transitions, ie. Berkshire Hathaway started as a textile company. Cohen actually made a profit on his BBBY investment. BBBY leadership ignored his suggestions to shore up their business, so he exited his position. Short and distort is what this and every other negative article written about GME, like this are all about.
GameStop Stock Analysis: The Case for Exiting GME Before It's Too Late
Why is this even news today? It's over a week old. Something to do with pushing down the price for options....?
Nasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says
So then buy and DRS more then... ok
Don't Let This Recent Stock Split Fool You
It's amazing this is only news now. GameStop has been hiring and working at an NFT project for several months. Seems to me that hedge funds and market makers have been shorting the stock heavily for over a month to get the stock price down for their year end reports. I think this was resetting failed to delivered shares that added up from all the naked shorting. Amazing how AMC, BBY, EXPR and KOSS all went up at the same time as GME. I'm sure this has nothing to do with the abusive short selling, swaps and ETFs meme stock ETFs that can add shares and dilute the market to drive down the share price...
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"has sold millions of dollars of new stock"......?Not even accurate. The company has raised roughly $1.6 billion. They can't make it seem like too good of news as the hedge funds that are short on GME have partial ownership of the corporation that owns the media group.
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They hired a mobile gaming guy. Nothing to do with GameStop. Just an excuse to naked short and drop the price so the short hedge funds can try to get more options ITM before they expire tomorrow.
GameStop shares slide 6% premarket after Netflix makes first videogame hire signaling potential shakeup of sector
No one is selling GME shares aside from short hedge funds.
Meme Stocks on Brink of Bear Market as Retail Frenzy Fades
$1.8 billion for a transformation? Ryan Cohen started with $150k and built Chewy. Watch out!!
GameStop completes at-the-market equity offering after raising $1.126 billion, stock jumps 6.84% premarket
Motley Fool is sponsored by Citadel and Melvin Capital.
1 Stock to Avoid No Matter What
The only shares being sold are either shorts or from the ATM offering. The on balance volume keep increasing. No one is selling. Ryan Cohen announced he is not going to be open with his strategy. This article is meant to try and scare people away from investing in GameStop. It's the ultimate hedge against the coming market crash.
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If the company sells it’s 5million shares for an average of $250, it will have $24/share in cash. This is a ridicuous article with an agenda being pushed to try and drive people away from an amazing turaround story because a lot of hedge funds are short and trapped.
Baird says GameStop's turnaround plan remains a mystery, predicts 90% stock decline
Nothing but good news from the company, the price will recover shortly, also it’s up a great deal over the last month.
Why GameStop Is Trading Lower Today
Profits actually beat expectations, this title of this article is garbage! The company beat all expectations and is being attacked by predatory bearish traders who are trying to push the price down to prevent from being in troubles for not being able to meet margin requirements.
游戏驿站(GME.US)跌超8% Q1净利润稍逊预期
It amazes me how quick the news comes out when flash crashes happen on GME, yet when it surges there are very few people reporting on it.
美股异动 | 游戏驿站(GME.US)转跌超5%，日内振幅约为11%
I have a new title here.. GME stock drops in pre-market with a concentrated effort of only a few thousand shares sold short between 4-430 am. I would think that by the market open the price is back in the green. Oh and by the way the entity who publishes this report is also partially owned by the marketmakers who are also short selling the stock.
GameStop stock drops 3.9% premarket, after surging 43.7% amid 5-day win streak through Wed.
I like the stock
GameStop (GME) Upgraded to B from B- by S&P, Outlook Stable
There is more than $7/share that is just cash in the bank, the institution pushing this rating seems to have an agenda, not suspect at all….
美国银行：下调游戏驿站(GME.US)评级至“卖出”，维持目标价10美元
Bullish!I like the stock.
GameStop expands fulfillment network to support e-commerce push
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