Don’t Get Gamed By GameStop

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ValueWalk

GameStop Is No Stock We Want To OwnThe only thing we can guarantee about the GameStop (NYSE:GME) market is that the wild swings in volatility are not over. While the company may be working hard on improving itself, there is still no fundamental reason to own the stock and Wall Street’s interest is very limited. With no analysts and no institutions in support of the name, there is no reason to think the stock can move upward in a way the market can sustain. When it comes to the analysts, there are still only 2 covering the stock and their coverage is old and bearish. Between them, they are fore…

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