GameStop Corp ๐Ÿ’พ ๐Ÿ›‘ (GME) Share Chat

GameStop Corp. (more known simply as GameStop) is an American video game, consumer electronics, and wireless services retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 7,267 retail stores throughout the United States, Australia, New Zealand, and Europe.[3] The companyโ€™s retail stores primarily operate under the GameStop, EB Games, ThinkGeek, and Micromania brands.

In addition to retail stores, GameStop also owns Game Informer, a video game magazine; Simply Mac, an Apple products reseller; and Spring Mobile, an AT&T wireless reseller.

Wikipedia: GameStop - Wikipedia
Google Finance: https://www.google.com/search?q=NYSE:GME&tbm=fin#scso=_p44vXMe6MM2N1fAPoKKRiAM2:0

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Gamestop would be very good to have especially before the new generation of consoles are released.

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This is a company that I really want to invest in, Would be amazing to have this on Freetrade!

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I cant see any reason to invest in this stock. It looks like its dying

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GameStop Corp.
GME (NYSE)

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Iโ€™m fairly sure this company is dead. Might see a bounce when next-gen consoles arrive at the end of the year?

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Iโ€™m not confident in them as a business, but from what I heard they apparently have a stupidly high dividend yield which if true would make it very temptingโ€ฆ

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You heard wrong.

They still spent money on share buybacks after this, not that it helped.

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Damn that sucks but oh well.

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Good company to short but thatโ€™s it. Theyโ€™re way too far gone, bit like pizza express. That huge debt pile and theyโ€™ve suddenly binned off promos and increased prices. Wow, they actually are similar thinking about it.

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Gamestop could potentially be a good investment as the PlayStation 5 is set for release later later this year

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I reckon thatโ€™s already priced in and thatโ€™s a terrible prospect.

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I agree itโ€™s priced in. I bought shares last year on the prospect of next gen sales and sold at the end of the year for a small profit. GME is a zombie

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Ouch

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Iโ€™ve been reading and still donโ€™t understand what happened! :exploding_head:

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Letโ€™s face it, Gamestop was on itโ€™s way out. It still is, this isnโ€™t gonna last.

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Disagree lads, WallStreetBets is riding this rocket to the moon. (Reddit if anyone is interested)

We are going to hit 50/100 per share. Letโ€™s all be rich together

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That was where I ended-up reading - how did they do it?!

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This is just a short squeeze right? I donโ€™t see how the long term prospects of video game retail have changed.

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Supposedly the short squeeze hasnt properly started yet but itโ€™s up 20% premarket. :rocket:

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