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GME Collapses 39% Again As Expected
GameStop
GME Collapses 39% Again As Expected
By RealMacro
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Updated
Jun 11, 2021
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Jun 10, 2021
A textbook collapse in GME as expected. I week ago June 3rd, 2021 I posted this chart
Clearly, the money flows were not there to support higher prices.
Again When Dentists, waitresses, lawyers, and taxi drivers become trading gurus it's Game Over!
Dotcom 2.0 Don't blame the messenger.
Jun 11, 2021
Note
❌Unstable revenue growth
❌Low gross margin (25%)
❌Unprofitable business
❌Negative profit margin
❌Negative ROIC
❌Negative ROE
❌Unstable cash flows
❌None-moat business
Chart Patterns
Fundamental Analysis
GME
Trend Analysis
RealMacro
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