Key Stats: Market Cap: 5.2B P/E Ratio: 25.6 (yeah, that’s rich for retail) Free Cash Flow: 350M Next Earnings Date: December 2024 (this could be the hype catalyst) Short Interest: ~18%
Top 3 Technical Reasons for Bullishness: 1️⃣ GME just broke out above its 200-day moving average. 2️⃣ Bullish divergence on the RSI as buyers sneak back in, flexing on oversold bears. 3️⃣ Volume profile shows strong support meaning this floor is solid.
Top 3 Fundamental Reasons for Bullishness: 1️⃣ GME’s pivot to e-commerce is finally gaining traction—revenue growth at 10% YoY suggests the meme dreams are alive. 2️⃣ Recent insider buying: execs seem to think this is going places. 3️⃣ Console cycle tailwind: With PS5 and Xbox sales rising, their refurbished game model looks golden.
Potential Paths to Profit: 1️⃣ Lowest Risk: Buy shares at current levels and HODL. Target price: $120. 2️⃣ Moderate Risk: Jan 2025 $70 calls ($5–6 premium)—reasonable time for the hype to play out. 3️⃣ High Risk/High Reward: Buy deep OTM $100 calls for July 2025. Cheap lotto tickets.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.