RealMacro

GME Collapses 39% Again As Expected

RealMacro Updated   
NYSE:GME   GameStop
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

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