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GAMESTOP CORPGAMESTOP CORPGAMESTOP CORP

GAMESTOP CORP

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GS2C trade ideas

HODL Gamestop if you want to stay poor!How is that for a title? Traders are going to win this play and all the people who are going to hold for the long term are going to get slapped worse than a host at the golden globes. What an opportunity to get out! If I was in GME around this range, I would be selling to recover whatever I could and move on to something else. This is basically a miracle on low volume. Big players may be entering for a last short squeeze as time runs out but don't be the guy who holds for the long term. Gamestop I guess is looking to do a stock split to make the price more attractive so I am going to have to lower my $10-$20 target because now it's going to hit that too easy in the long run. So what are we talking? Maybe a $5-$10 new range after new shares are issued. This thing is going to turn into a penny stock so they need to be careful on these splits. And don't think GameStop isn't looking to issue new shares out of thin air and dump them on the market. It is no different than the FED issuing new credit to the US out of thin air. Everyone buying that stock is giving a lifeline to Gamestop to live off and stay alive. This isn't just a Zombie Company, it's high on crack and hitting up all its friends for some dollar bills telling them "I'll pay you back man!" We know how that works out. All the HODL'ers that are throwing their life savings at this will be in the basement like, " But MOM! You said I can stay out until the street lights come on! " Your lady friend isn't going to be too happy with your cubic zirconia when you're down on one knee because you bought GameStop for the long term. Be the trader on this one and let your buddies who won't listen see their wealth evaporate. #winning #gme #gamestop
NYSE:GMEShort
by DefyingFinance
73
GME Trying to find its way home...Ryan Cohen has announced with his massive balls on his sleeve that GME will be seeking approval of a stock dividend along with a split. This is extremely bullish news along with the bullish price action we have been seeing the past couple of weeks. GME looks to be heading back up the upper trendline around 240$ area at the moment with momentum continuing up, If anyone is shaky about staying in this play then it isn't for you. This is a long term swing/squeeze play imo, Looks like its doing the same thing AMC did last year in the summer breakout of 70$, (breakdown out of the bull flag, then proceeding to scrap its way back up into the upper trend before finally taking flight. We shall see what it does but i am personally adding and holding the positions I have. Good luck guys.
NYSE:GMELong
by Captain_Cam
1