RealMacro

GME Collapses 39% Again As Expected

NYSE:GME   GameStop Corporation
A textbook collapse in GME as expected. I week ago June 3rd, 2021 I posted this chart


Clearly, the money flows were not there to support higher prices.

Again When Dentists, waitresses, lawyers, and taxi drivers become trading gurus it's Game Over!
Dotcom 2.0 Don't blame the messenger.
Comment: ❌Unstable revenue growth
❌Low gross margin (25%)
❌Unprofitable business
❌Negative profit margin
❌Negative ROIC
❌Negative ROE
❌Unstable cash flows
❌None-moat business

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.