I think Gamestop has a chance to run this week based off a few key factors. Looking at RSI, GME was extremely oversold this week. Based off recent history, when GME has been oversold, it has had a good runs of crossing the 20MA and used it as support.
At the 9.39 price point, GME is grinding the lower half of the Bollinger Band, and could have opportunity to...
GAMESTOP is at a very interesting level where it had breakout of falling wedge & diamond reversal breakout, both are confirmation for trend reversal.
Fundamentally speaking, historically $GME pumped on every PlayStation release since PS3. This time (PlayStation5) is no different than before.
NOT FINANCIAL ADVICE
I had the "pleasure" of walking through a Best Buy today(/s):
-Although I was slightly impressed by their revamped sales floor/merchandising updates(definitively a very expensive refresh); their limited 2 week refund policy disappointed me compared to the industry standard(>30 days).
-I walked past several "associates" who either avoided eye contact, or quickly...
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...
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)