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RedHotStocks
Apr 2, 2019 11:07 AM

$GME Gamestop is a money pit for investors.  Short

GameStop CorporationNYSE

Description

Gamestop is and has been a obvious short for some time. Recently rumors circulated that the company was contemplating a sale, this was later quashed by the board, thus a massive sell volume spike. When seeing this you must ask yourself who would buy GAMESTOP ? We suggest no one in their right mind. As we state on the chart, this is the Blockbuster of gaming. Sell into earnings.

Comment

Down 8% after hours
Comments
qsidewater
yes I agree... looking down the road,, Places like pep boys-auto zone. and all the other brick and mortar, Is something to be cautious about,,, I am sure you have heard of Rock Auto.. They are dam good...
The landscape of do it yourself auto repair, are drifting slowly away. Young people are not hands on anymore.. . They take it to the repair shop and that's it.. Youth today are not like back in the 70,s or 80,s or even 90,s. Now to compound this, Auto mobiles are way to sophisticated, now days.. for most to even attempt a repair,,,

IMO,,,,, The cost of operating all the brick and mortar will become to costly going forward... I look for a downsized brick and mortar coming....
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