GameStop
Panjang

$GME moon ready. Time to join the WSB degens in buys

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.
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