Meme stocks have been crushed.

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lolmei
2023-01-05

Meme stocks have been crushed.

GameStop$GameStop(GME)$ has had some interesting developments, but soft overall video game sales is a fundamental headwind. One big investor is bearish.

I see more downside risks than upside potential given poor profitability and a still-high valuation.

The options market has priced a relatively small move post-earnings, however.

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.

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Fishabeng
·2023-01-05
[Smile]
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ChewyBear
·2023-01-05
ok
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mrzhuge
·2023-01-05
wow
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eo1668
·2023-01-05
ok
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Vicholes
·2023-01-05
[Happy]
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KevinToh
·2023-01-05
K
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Killme
·2023-01-05
ok
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Jenjorjack
·2023-01-05
Better dont
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robbo
·2023-01-05
good morning
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Chinleong
·2023-01-05
Noted
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WKB
·2023-01-05
Yeah
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Orange Peel
·2023-01-05
great
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serenityj
·2023-01-05
ok
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huilong
·2023-01-05
h
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phongy 45
·2023-01-05
awesome
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savee
·2023-01-05
ok
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gravitytogo
·2023-01-05
ok
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Chitz
·2023-01-05
ok
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WeiChongkan
·2023-01-05
lijed
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Alyssa88
·2023-01-05
Ok
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