Well, the underlying issues haven't disappeared. They are still massively shorted (still over 100%) on a company that isn't that bad (from a bricks and mortar perspective). And has the strong opportunity to become a strong player in the online retail sector because its already got its brand recognition and mind equity.
I still say its a good bet, and if the new ownership and leadership team do the right things, the stock price should climb.
I wouldn't believe it would be meteoric climb though, if I didn't know the current back story, but a war is being waged and this is the battleground. So I fear it may shoot up again but will crash back down. BUT buying now secures a good price for when it inches up.
Tl;dl - not investment advice, but I am holding onto my gme stock long term. No point selling as I bought a high 😂
Well, the underlying issues haven't disappeared. They are still massively shorted (still over 100%) on a company that isn't that bad (from a bricks and mortar perspective). And has the strong opportunity to become a strong player in the online retail sector because its already got its brand recognition and mind equity.
I still say its a good bet, and if the new ownership and leadership team do the right things, the stock price should climb.
I wouldn't believe it would be meteoric climb though, if I didn't know the current back story, but a war is being waged and this is the battleground. So I fear it may shoot up again but will crash back down. BUT buying now secures a good price for when it inches up.
Tl;dl - not investment advice, but I am holding onto my gme stock long term. No point selling as I bought a high 😂