I wasn't going to get involved, but I'm only seeing naysayers to Gamestop at this absolute steal of a price.
I personally had a Gamestop Rewards membership, played Kongregate all the time, and shopped there semi regularly prior to even really knowing about finances.
I can't express how much I enjoy gamestop as a company, from a consumer standpoint.
From a trader standpoint, I can't help but notice the very natural climb up to where it was just prior to that explosion and how it has steadied out for the most part on the other side.
MACD looks to have recovered and RSI is fairly low.
I think it's ready to continue that more natural climb.
From my estimation, I think $250 is a fair value for this company for a lot of reasons.
A lot of people I hear that are holding bought in that range, I think with only 69M shares a 17b market cap is nothing for a mogul like this, the new management is a power team just to name a few.
Let alone being broadcast from Congress tomorrow.
To the brass tax:
172 @ 50.23
If some kind of crazy thing happens tomorrow or in the next few days I'll take whatever crazy price is offered.
I'm looking for 250 as a long term investment, maybe within 1.5-2 years.
I've already marked it off as a loss otherwise.
I personally had a Gamestop Rewards membership, played Kongregate all the time, and shopped there semi regularly prior to even really knowing about finances.
I can't express how much I enjoy gamestop as a company, from a consumer standpoint.
From a trader standpoint, I can't help but notice the very natural climb up to where it was just prior to that explosion and how it has steadied out for the most part on the other side.
MACD looks to have recovered and RSI is fairly low.
I think it's ready to continue that more natural climb.
From my estimation, I think $250 is a fair value for this company for a lot of reasons.
A lot of people I hear that are holding bought in that range, I think with only 69M shares a 17b market cap is nothing for a mogul like this, the new management is a power team just to name a few.
Let alone being broadcast from Congress tomorrow.
To the brass tax:
172 @ 50.23
If some kind of crazy thing happens tomorrow or in the next few days I'll take whatever crazy price is offered.
I'm looking for 250 as a long term investment, maybe within 1.5-2 years.
I've already marked it off as a loss otherwise.
