First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I expect GameStop to have a negative earnings call tomorrow. This will lead to a bearish dip, which makes me inclined to say, wait until Friday (probably around the hours people shorten) or afterwards to buy this stock. Don't...
Gamestop is set to rally ahead of earnings . Gamestop has never been this cheap since 2003 and it is has a much stronger brand name recognition than before. Earning estimate is -.35, but Gamestop $GME was one last non essential stores set to close in March. With gaming stocks on a rampage, Gamestop is expected to beat expectations. It is a quarantine stock and a...
NYSE:GME Gamestop is ready to go Long. In Q4 they turned in actual earnings of +0.32, at the end of May they will be turning in Q1 earnings, which the entire world estimates are horrid for every industry except bio techs. BUT my theory is that Gaming increased with school being out, work being canceled, people being laid off. People often forget the online...
GAMESTOP 50% upside 28th may is earnings report. Company has seen an increase of sales 1500% (due to covid) Improvements seen from Q4 2019; 709mil to 380m = reduction in liabilities Debt ratio improved = 0.25 to 0.42 improved CCC. @ 45's = median of historical range. Share Price to Fair value puts Gamestop @ 76.5% undervalued* In my own opinion, has the...
weird finszes/bookz everyone fomo cuz of upcoming insider tarders (?) closeds lotta storeds you cant captalize yours cakesa nd expensive it too franchiz owned stores, neva closed to cornoa, neva closed eva for ode reasons (looky at ppls say, hey bro, it was snow in and ppls say to come in to work? why pepel do that? answer: cuz moni tite like last nite) ...
Long a company destined to die, from here to $3.60ish , 10-12 month plan, why? Lifelong support, and in anticipation of the next generation of consoles. One more pump then bust.
GameStop was downgraded to Junk at $46 a bankrupt business model since then THE PERFECT DOWNTREND - IMPOSSIBLE TO LOSE MONEY!
SFP on the monthly / chance of generational bottom Level to level / Long your Longs
NYSE:GME is hovering near all time lows. While this may look like a savory opportunity to buy in cheap, I urge you to be very careful here. There is not an established case for there to be strong support here at this price. I would recommend waiting for some type of accumulation range to set up before jumping in. Be very cautious, and be confident in this...
Look, the truth is no one buys games from Gamestop anymore like we use to. We can easily download games via our console or we go to stores like Best Buy, use Amazon or buy used games or consoles through Craigslist or Facebook Market. There is nothing special about Gamestop, anyone can do what they do. What they should focus on is selling classic old vintage games....
GME has been beaten down most of the year. It's great to see positive news but unfortunate that they had to do fat trimming at the expense of employees. Either way, the news that Michael Burry is invested hasn't hurt (yet). We'll have to see if it has a lasting impact still. Overall, the chart looks interesting. Video game retailer GameStop Corp. (GME Stock...
GME (GameStop) Support at 3 because it is the nearest whole number support! Whole numbers will act as psychological price levels. Resistance at 4.7 because of previous support and resistance. Price action is looking to be trading into an area of tight consolidation until it hits the upper down trend line and sell off just like the first time. History...
The last EIGHT times GME tagged the 3.2 standard deviation of the 50 band on the daily, it reversed 15 to 35% every time. The profit ratio is fantastic.
GameStop has been fighting a losing battle for a while now - I am adding a short position here (My target is $20) due to the fact that it has once again dropped below the 9 day MA, it made a retest of the 50 day MA and failed, and of course it is well below the 200 day MA. Additionally, the RSI has dropped below the 50 zone, the stochastic has downward momentum...