Torres87
2023-03-24

Ho

@A.111：
The odds remain stacked against GameStop, even with the unexpected profit the company reported earlier this week. That's because GameStop (GME), at its now much-higher stock price, is just as overvalued as it was before, if not more so. Its share price has been pushed higher in no small part by speculators who are attracted to the stock's lottery-type trading characteristics. Stocks with similar characteristics tend to underperform the market, on average.
The odds remain stacked against GameStop, even with the unexpected profit the company reported earlier this week. That's because GameStop (GME), at its now much-higher stock price, is just as overvalued as it was before, if not more so. Its share price has been pushed higher in no small part by speculators who are attracted to the stock's lottery-type trading characteristics. Stocks with similar characteristics tend to underperform the market, on average.

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.

Report

Comment（1）

  • Top
  • Latest
  • Raychan
    ·2023-04-10
    [微笑]
    Reply
    Report