What’s happening with GME? Should you Buy or Stay Away

The GME Situation: A Quick Rundown

GameStop — History & Financial Situation

  • For August 2020, the price went up by 44.28%
  • In September, it was up by 52%
  • September was a bit slow with just 2.65%, but in
  • November, it went up by again by 58.17%

Is GME a buy? Am I buying GME stock? Should You?

  • 2018: 9.2 billion dollars
  • 2019: 8.3 billion dollars (-10% year-over-year)
  • 2020: 6.5 billion dollars (-22% year-over-year)
  • Projected change for 2021: 5.3 billion dollars (-18% year-over-year)
  • GameStop focuses on physical retail, which is rapidly losing ground to digital sales.
  • GameStop was forced to close nearly 800 stores in the last two years alone.

A look at the full picture

If it looks like a duck, and quacks like a duck …

The Discord Debacle

Robinhood and GME

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Antoaneta Tsocheva

Antoaneta Tsocheva

Entrepreneur and eco-friendly enthusiast. I’m on a green mission to clean up the way we live. Share the passion — follow my journey now! http://bit.ly/2FloQoQ