GameStop: Shares Haven’t Bottomed Out Yet


  • GameStop has had a really rough year or so, with the meme stock crashing as many predicted it would.
  • Given how far shares have fallen, some speculators may feel emboldened, but it would be a mistake to turn bullish on the firm.
  • Fundamentally, it is a mess and it deserves to fall a lot further, even in light of some bottom line improvements.

New York during the COVID-19 emergency.

Massimo Giachetti

Some companies deserve to fall significantly from the price at which they are trading at. And after they fall, sometimes they deserve to fall further. One good example of a company that has taken quite a tumble over the past


Author – SEC EDGAR Data


Author – SEC EDGAR Data


Author – SEC EDGAR Data

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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