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Showing 1 to 15 of 23 entries
COMMENT
Is down 8% after hours after posting earnings after today's closing bell. There are very few companies this like. Today's conference call (only 6 minutes) has nothing to do with fundamentals or earnings. Shareholders weren't up in arms with the short call. It's crazy.
specialty stores
COMMENT
Released earnings after the bell today It's less about the earning but its outrageous lows and highs over the past year. There's still a decent short position on this stock. GME isn't trading off earnings but momentum, typical of these meme stocks.
specialty stores
COMMENT
Back in January he called to take profits in GS. Some admonished him for this, but it pays to be prudent, not greedy. Less than a month later, GS swiftly fell below $40. Given his call, he is hated on the Reddit short-selling forum who considered selling GS a sin.
specialty stores
DON'T BUY

It doesn't have much going for it as a business. In contrast, TTWO just delivered a strong quarter based on selling videogames direct to customers online and cutting out the brick-and-mortar middleman which is GameStop. Doesn't matter, because there bulls who want to push this stock higher; they are the so-called meme traders. With more stimulus cheques, though, these bulls will eventually run out of firepower.

specialty stores
COMMENT

Is up 3268% in the past year, 772% YTD and 6% today. And yet the company rewarded their CEO Sherman by ousting the him. True, this move had to do with activist investor Ryan Cohen instead who'll be chairman; he plans to digitize this brick and mortar company, but details? What is he planning? It's vague, though younger investors have faith in him. He suggests he turns their 5,000 stores into Bitcoin banks then set up e-gaming palaces in shopping malls where winners are paid in cryptos. Mind you, a recent report from Goldman Sachs notes that younger retail investors are trading less sharply from August 2020.

specialty stores
BUY
They just delivered their first post-Reddit quarterly. Great report, but it got killed today. Problem was the shares were already way up and management is very cagey, offering no full-year guidance. Chewy's ex-CEO joining the GME board has pumped up hopes. EPS missed by a penny, but e-commerce sales shot up 175% YOY to account for one-third of overall sales. Meanwhile, costs are down substantially YOY. Management did offers some plans, like a new COO and VPs to modernize e-commerce, bringing in the right people. He now feels there's a real chance for GME to turn around. But he won't touch the stock at three digits.
specialty stores
COMMENT

The co-founder of CHWY-N bought 13% and joined the board to transform GME into a digital business. But how will he transform 5,000 shops into a digital business? They report Tuesday; he presumes we will see this plan then. He can't see this stock rising beyond current levels, though a good plan that incorporates e-sports and cryptos could attract more buyers. But if these bulls don't get what they want, GME can turn ugly fast.

specialty stores
DON'T BUY
He's avoiding any exposure to the area. Entertaining, but scary. It's a positive that there's more general interest in investing, traditionally an exclusive domain. The kind of manias that we've been seeing are scary. The question is what's the end game? Eventually it will turn the other way. Very tricky.
specialty stores
SELL
Sure, the Reddit short squeeze has propelled this stock, but that doesn't matter until you sell it. The squeezers has already beaten the fat cats. If you don't sell, then you'll be left holding the bag. He sees a bad outcome. GME itself is in long-term secular decline, because people are downloading games and not going to their shops to get new games. (Maybe GME itself can pivot to, say, esports.) Don't be greedy. The short squeeze trade is over.
specialty stores
DON'T BUY
Allan Tong’s Discover Picks On Friday, Gamestop stock rocketed 51%, but on Monday morning this week, they soared another 130%. The tsunami was triggered by short-seller Citron predicting that shares will plunge to $20 who then clashed with a Reddit group to unleash a massive short squeeze. This forces shortsellers to buy in order to stall bigger losses. The result: a massive spike. I'm no technical analyst, but this is crazy. Read Hit and Misses: 5 Tempting Tech Stocks for our full analysis.
specialty stores
COMMENT
A company that is similar to the story of Blockbuster video. This was due to a massive squeeze against the shorts that have driven up the price. This is another sign of speculation and froth in the markets.
specialty stores
DON'T BUY
The street has written off this retail chain, but last week they added to the board IN recent weeks, the stock has soared from $17 to $80 and up to $150 today. This short squeeze is a street fight between retail investors and Wall Street analysts. Insider selling is aggressive. The shorts have been burned. It's no longer about the stock, but the traders.
specialty stores
DON'T BUY
The street has written off this retail chain, but last week they added to the board IN recent weeks, the stock has soared from $17 to $80 and up to $150 today. This short squeeze is a street fight between retail investors and Wall Street analysts. Insider selling is aggressive. The shorts have been burned. It's no longer about the stock, but the traders.
specialty stores
COMMENT

The world’s largest video game retailer. They’ve done a lot of things well. To combat online gaming, they have a great trade program. If someone is tired of a game, they can take the video to this company, and get credit for the new hot game they want, and that ability is not available online. The challenge is that they are going through a transition of being known as a video game retailer to being a sort of entertainment media outlet, and are doing that in a variety of ways, including getting into selling mobile phones. Expects this will trade at a discount because the market is worried about what it will look like 5 years from now. The balance sheet looks pretty good and pays a juicy dividend of 8%.

specialty stores
COMMENT

The challenge for this company is more secular rather than cyclical. They specialize in trading used video games. With digital downloads and digital formats, there is less and less of that going on, which is one reason the stock has not done well. Their balance sheet in the meantime has gone from rich in cash to just OK. Going forward, the prospects are somewhat uncertain.

specialty stores
Showing 1 to 15 of 23 entries

GameStop Corp.(GME-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 7

Stockchase rating for GameStop Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

GameStop Corp.(GME-N) Frequently Asked Questions

What is GameStop Corp. stock symbol?

GameStop Corp. is a American stock, trading under the symbol GME-N on the New York Stock Exchange (GME). It is usually referred to as NYSE:GME or GME-N

Is GameStop Corp. a buy or a sell?

In the last year, 7 stock analysts published opinions about GME-N. 1 analyst recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for GameStop Corp..

Is GameStop Corp. a good investment or a top pick?

GameStop Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for GameStop Corp..

Why is GameStop Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is GameStop Corp. worth watching?

7 stock analysts on Stockchase covered GameStop Corp. In the last year. It is a trending stock that is worth watching.

What is GameStop Corp. stock price?

On 2021-10-20, GameStop Corp. (GME-N) stock closed at a price of $184.52.