GameStop Stock Looks Like a Sinking Ship: Now’s the Time to Jump
Here's why GameStop is one top meme stock investors may want to remove from consideration as a speculative investment options.
PaulMardling
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- 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
GameStop's Trading Volume Slips to Lowest Level Since Early May
GameStop Corp.'s trading volume fell to its lowest level in nearly eight weeks on Wednesday as the dust continues to settle after the recent meme-stock frenzy.GameStop's $$ volume was 17.43 million, its lowest since May 2, when volume was 8.65 million, according to Dow Jones Market Data. Trading volume was well below GameStop's 65-day average of 47.57 million.Shares of GameStop ended Wednesday down 2.9%, and have fallen three of the past four days.GameStop shares soared last month following infl - ~$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
GameStop Stock Analysis: The Case for Exiting GME Before It's Too Late
GameStop's fundamentals are broken, the valuation of GameStop stock is unattractive at this point and there is no clear path forward. - 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
Nasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says
Troubled home-goods retailer Bed Bath & Beyond Inc. on Thursday said it received a notice from Nasda - So then buy and DRS more then... okDon't Let This Recent Stock Split Fool You
Don't Let This Recent Stock Split Fool You
GameStop's new share price doesn't change how expensive it is. - 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...GameStop shares surge on plan to enter NFT, crypto markets
GameStop shares surge on plan to enter NFT, crypto markets
BENGALURU (REUTERS, BLOOMBERG) - GameStop is launching a division to develop a marketplace for nonfu - "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.GameStop to join S&P MidCap 400 index next week
GameStop to join S&P MidCap 400 index next week
July 27 (Reuters) - S&P Dow Jones Indices said on Tuesday GameStop, one of the hottest and most visi - 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
GameStop shares slide 6% premarket after Netflix makes first videogame hire signaling potential shakeup of sector
MW GameStop shares slide 6% premarket after Netflix makes first videogame hire signaling potential s - No one is selling GME shares aside from short hedge funds.Meme Stocks on Brink of Bear Market as Retail Frenzy Fades
Meme Stocks on Brink of Bear Market as Retail Frenzy Fades
It may be time to break out the “Crying Jordan” meme. A basket of retail traders’ favorite stocks is - $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
GameStop completes at-the-market equity offering after raising $1.126 billion, stock jumps 6.84% premarket
(June 15) GameStop Corp. said Tuesday it has completed an at-the-market equity offering after issuin
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