Hate to be the guy,, but Gamestop is a dying business model. Everything they sell in store can either be bought online or a Walmart. They scam their customers into selling their phone numbers and email addresses, and scam them into buying Game Informer, etc. My local stores have cut their store hours to noon - 5p. Their primary shareholders are typical wall street fund holders. Fuck them. I get the idea, but fuck Gamestop and their masters.
Yup, nothing about the fundamentals of the stock changed at all, its still a bad position to hold long. The only market action that drove the price up was the short squeeze, and once those positions were covered, its a rocket outta fuel in atmosphere.
Hate to be the guy,, but Gamestop is a dying business model. Everything they sell in store can either be bought online or a Walmart. They scam their customers into selling their phone numbers and email addresses, and scam them into buying Game Informer, etc. My local stores have cut their store hours to noon - 5p. Their primary shareholders are typical wall street fund holders. Fuck them. I get the idea, but fuck Gamestop and their masters.
Yup, nothing about the fundamentals of the stock changed at all, its still a bad position to hold long. The only market action that drove the price up was the short squeeze, and once those positions were covered, its a rocket outta fuel in atmosphere.