Gamestop (NYSE:GME) stock was one of the great stories of early 2021. A short squeeze driven by small investors sent stock in the video game store chain soaring early last year, from $25/share to a high of over $300. The arrival of Chewy (NYSE:CHWY) founder Ryan Cohen as chairman, and the hiring of new management from Amazon.Com (NASDAQ:AMZN) caused many of those investors to believe a turnaround was imminent. It’s not. When the company’s Christmas quarter numbers came out in March, it reported anemic growth of 6% year-over-year, and a loss of $381 million, $5.25 per share. Beyond a stock split that only seems to benefit management, nothing has changed. The Bull Case for GME Stock The bull case for Gamestop starts with a failure, cloud gaming. Alphabet (NASDAQ:GOOG, GOOGL) promised to tran