$GME-0.8% has been on a steady rise since Earnings, when it beat analysts' estimates in terms of earnings per share. Up 34% in four trading days!
First the stock fell down in premarket as it missed earnings estimates by 7.8%, but it's only been rising since then - adding over 10% yesterday. This company has no future in my opinion and this is the last remnants of hype left in it after the 2021 shot.
GameStop Corp.
GMEOpen $24.18
Day range $23.82 - $25.08
52 week range $9.95 - $64.83
Does this still exist? and is it even growing? I thought it was a cry in the dark and it's long over... :)
I also don't understand that it's growing when we don't see the wave of hype on the networks and everywhere possible back then. I'd like to go short here at most, but when?
Oh, anyone who knows what happened during the hype of this stock would not buy it at all, or am I wrong and there are such madmen here? :D
Video game retail has long been doomed, it's just a question of when. I wouldn't put money in it.
This company was or may be about to go bankrupt, as far as I know. I don't understand that it's growing.
For me it is an uninteresting company where I have no clear vision of the future and plans. This is not for me.