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GameStop Corp GME

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across all of its segments: 2,915 in the United States, 203 in Canada, 404 in Australia, and 647 in Europe. Its stores and e-commerce sites operate primarily under the names GameStop, EB Games and Micromania. Its Australia and Europe segments also include approximately 49 pop culture themed stores selling collectibles, apparel, gadgets, electronics, toys and other retail products for technology enthusiasts and general consumers in international markets operating under the Zing Pop Culture brand. The Company's brands also include its print and digital gaming publication, Game Informer magazine.


NYSE:GME - Post by User

Post by Stockjayzon Mar 11, 2021 9:15am
104 Views
Post# 32771093

GME (GameStop) Worth $10 says Former Analyst Who Covered GME

GME (GameStop) Worth $10 says Former Analyst Who Covered GME

Watch this CNBC clip and you'll also want to short GME (GameStop)

https://www.cnbc.com/video/2021/02/25/gamestops-stock-worth-ten-dollars-at-the-most-analyst.html

Just a walk down memory lane;

• BlockBuster (the movie rental chain) - RIP
• The Source - RIP
• Toys R Us - RIP
• GameStop - RIP (soon)

Im not a hater on GME, they just don't have a business model (unless it's trading old games, which will fizzle out soon anyway). Going e-commerce is going up against Microsoft & Sony (good luck GME). 

I am not long or short this stock, merely, an interested outside observer who thinks objectively GME will CRASH to $10! 

A $250 price per share, is like paying $2.5M for a Honda Civic. You can do it and no one will stop you but users can try to warn those thinking about it, NOT to buy. Better to "miss out", then to be in the stock now. You will be MUCH happier within a day / week at most! 

Do your due diligence, and watch the above clip, and it can be entertaining to watch people throw money at things. And eventually (like a casino), they lose, lose more, and always try for the rest of their lives to recoup losses, instead of accepting a loss early and utilizing the funds you have to buy better / real growth stocks.

Be. Wise. Dont. Buy. GME! 

 

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