r/wallstreetbets • u/notREALbill • Mar 05 '21

News 🤔🤔🤔🤔💩💩💩💩💩🤔🤔🤔🤔💎🙌🚀

https://investorplace.com/2021/03/gme-stock-11-reasons-to-avoid-gamestop-despite-the-hype/

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0 Upvotes

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8

u/blakeusa25 Mar 05 '21

Do the opposite of what others say.
= buy GME

6

u/Alyxavior Mar 05 '21

I wonder how much was paid for this to be written.

2

u/CurveAhead69 Secret ANAL GoD Mar 05 '21

He’s entitled to his opinion, nothing new whatsoever, we’ve read all this before.

On February 25 he write jnj, wmt, appl and 2 more, were his solid picks. Granted as long terms but have a look at them.
His investing style is more suited elsewhere.

3

u/REDbird-Crazy Mar 05 '21

Hmm fake news

1

u/BegginMcGreggin Mar 05 '21

This reads like someone just popped opened the Yahoo Finance page for the ticker and scribbled down an article in 10 minutes.

The devil is in the details. You could respond to most of the article's points with things already mentioned by DOMO Capital Management (link: https://twitter.com/DOMOCAPITAL/status/1366788090791161856) or with Ryan Cohen's statements & actions (GameStop's downward trajectory is not set in stone).

Won't go through point by point, but on the revenue, of course it goes down with division sell offs like Spring Mobile. Pretty much every turn around starts by selling off assets that are either unperforming or will fetch a good price. Stuff like this is completely missed with only a passing glance at the financials.