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DSR97
10 de Dez de 2019 23:45

GAMESTOP in potential freefall. zombie business. Viés de baixa

NYSE:GME1D
GameStop CorporationNYSE

Descrição

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Gamestop earnings came out finally and they were worse than we feared. I personally thought they would be less than estimates of .11 per share.

Earnings came in at (-0.49) a share a massive blow to investors.

the 3rd quarter yielded -46% in sales of consoles.

18.6 million in operating loss

gamestop has also been buying back shares to help prop up share price.

looking at potential target of less than $4 but could potentially go less than $2

final note: this stock is a vampire stock like blockbuster. place your bets accordingly. lmk what yall think

Comentário

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right on track, gamestop is currently trying to prop their price up

GME repurchased 1/3 stock at $5.11 so if it breaches this point they will be in loss situation.

they are currently trying to maintain their price. if it breaches they are in trouble.
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DSR97
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did not expect earnings to be this bad thought theyd be negative but not that much!
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