For analysts like me to change their investment thesis on a stock dramatically from a “sell” to a “buy” recommendation, or vice versa, fundamentals must change or a key catalyst should be present. What is the key catalyst now for GME? For me, there is none.
Will it be its digital evolution so that the video game retailer will conquer the industry in the U.S.? Because its business model, so far, does not work. The company is bringing in losses.
And as you know, from a valuation perspective, the book value per share for GME stock has collapsed in the most recent years. This is fact, not emotion or opinion.
Please note that these are my personal views and they could be wrong simple as that.
Will it be its digital evolution so that the video game retailer will conquer the industry in the U.S.? Because its business model, so far, does not work. The company is bringing in losses.
And as you know, from a valuation perspective, the book value per share for GME stock has collapsed in the most recent years. This is fact, not emotion or opinion.
Please note that these are my personal views and they could be wrong simple as that.
Trade active:
Ladies and gentlemen we are falling im shorting finally
Trade active:
Our Lord, give us in this world good and in the Hereafter good and protect us from the punishment of the Fire.”
Second short position added
My first entry was around 245 after i saw the reversal
Second short position added
My first entry was around 245 after i saw the reversal
Comment:
Oh Lord send this to Zero Amen
Trade active:
Third Short position added. I will get out of this when it hits 116
Comment:
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Trade closed: target reached:
Wow, it was an incredible short . Really enjoyed it . Have a nice weekend people
