Should I buy GME stock right now?
Apr 10, 2022 · GameStop's stock was trading at $4.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GME stock has increased by 3,431.2% and is now trading at $146.19. View which stocks have been most impacted by COVID-19.
Is GME stock worth buying?
The Score for GME is 65, which is 30% above its historic median score of 50, and infers lower risk than normal. GME is currently trading in the 60-70% percentile range relative to …
Why is GME still up?
Nov 13, 2021 · how high will gme go? Can GME hit $1000 – So, can GME stock reach $1,000 per share. It’s certainly a possibility given that GameStop’s dark pool trading percentage is rather high, according to Stonk-O-Tracker data. Dark pool trading in GameStop has ranged between 30%-50%. This means 30%-50% of short selling has occurred behind closed doors.
How high will GameStop go?
If we consider market cap alone, how high can GME go? Let's use 1 trillion as a nice round number. Sure there are companies with larger caps, but fuck I don't want to complicate things. GME (according to corrupt-as-fuck Robinhood) has a cap of 17 billion. Divide 1 trillion by this and we get the number 57.
How high is GME stock predicted to go?
GameStop Corp (NYSE:GME) The 4 analysts offering 12-month price forecasts for GameStop Corp have a median target of 58.85, with a high estimate of 90.00 and a low estimate of 23.00. The median estimate represents a -63.90% decrease from the last price of 163.00.
Is GME a good stock to buy?
GameStop (ticker: GME), the original meme stock, has been one of the best performers this year. Its shares have gained 707% to $152.14 in 2021, easily outpacing the S&P 500's 26% rise and the Dow Jones Industrial Average's 17% gain.Dec 27, 2021
What is a good price for GME stock?
GME Price/Volume StatsCurrent price$151.9552-week highDay low$138.20VolumeDay high$158.16Avg. volume50-day MA$110.74Dividend yield200-day MA$165.07Market Cap1 more row
How much can GME reach?
GME saw its market cap reach a dizzying high of $23 billion during the squeeze, but like the shares, that number has receded a bit. Of course, that still pales in comparison to other retailers selling video games like Target (NYSE: TGT), Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN).Oct 13, 2021
Is GME a good long term investment?
Debt And Balance Sheet: GME Stock Wins That long-term debt has risen by 43.7% over the past five years. At the same time, GameStop currently has $47.5 million in long-term debt. Surprisingly, GameStop's long-term debt has actually declined by 94.1% over the past five years. This is another category with a clear winner.Oct 20, 2021
Is GME short squeeze over?
The dollar amount of shorted GME shares has greatly declined over the last year, however. GameStop's share price also went through a large drop in pricing. A short squeeze, one year after GME gained traction on WallStreetBets, is unlikely to happen.Feb 12, 2022
How many GME shares are left?
Share StatisticsAvg Vol (3 month) 34.76MAvg Vol (10 day) 37.31MShares Outstanding 576.35MImplied Shares Outstanding 6N/AFloat 862.49M7 more rows
What is the highest GME stock has ever been?
GameStop - Stock Price History | GMEThe all-time high GameStop stock closing price was 347.51 on January 27, 2021.The GameStop 52-week high stock price is 344.66, which is 135.8% above the current share price.The GameStop 52-week low stock price is 77.58, which is 46.9% below the current share price.More items...
How many shorts are on GME?
GME shares shorted are now 27.13 million.
Can GME stock hit 1000?
So, can GME stock reach $1,000 per share. It's certainly a possibility given that GameStop's dark pool trading percentage is rather high, according to Stonk-O-Tracker data.Nov 14, 2021
How high can a short squeeze go?
You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.
Is AMC 100k realistic?
Absolutely it can. With all of the synthetic shares and naked shorting going on behind the scenes. The float is owned by the retail investors. The shorts have no covered and until they do, you will see that AMC stock CAN reach 100k per share!
Is GameStop a buy right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 4 sell ratings for...
How has GameStop's stock price been impacted by COVID-19 (Coronavirus)?
GameStop's stock was trading at $4.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organiz...
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, June 8th 2022. View our earnings forecast for GameStop .
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) released its quarterly earnings results on Thursday, March, 17th. The company reported ($1.86) earnings per share (EPS) f...
What price target have analysts set for GME?
4 brokerages have issued 12 month target prices for GameStop's shares. Their forecasts range from $30.00 to $146.00. On average, they anticipate Ga...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. James Anthony Bell , Sr. Adviser (Age 54, Pay $895.52k) Mr. Matthew Furlong , Pre...
What is George Sherman's approval rating as GameStop's CEO?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com . George Sherman has an approval rating of 26% among GameStop's employees. T...
Who are some of GameStop's key competitors?
Some companies that are related to GameStop include Tractor Supply (TSCO) , Carvana (CVNA) , Best Buy (BBY) , H & M Hennes & Mauritz AB (publ)...
What other stocks do shareholders of GameStop own?
Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE) , AT...
"Should I invest in Gamestop Corporation - Class A stock?" "Should I trade "GME" stock today?"
According to our live Forecast System, Gamestop Corporation - Class A stock is an outstanding long-term (1...
What is the Gamestop Corporation - Class A stock price / share price today?
The Gamestop Corporation - Class A stock price is 128.330 USD today.
Will Gamestop Corporation - Class A stock price grow / rise / go up?
Yes. The GME stock price can go up from 128.330 USD to 181.237 USD i...
Is it profitable to invest in Gamestop Corporation - Class A stock?
Yes. The long-term earning potential is + 41.23 % in one year.
Will GME stock price fall / drop?
No. See above .
What will Gamestop Corporation - Class A stock price be worth in five years (2027)?
The GME ("GME" ) future stock price will be 423.302 USD .
Will GME stock price crash?
According to our analysis, this will not happen.
Will Gamestop Corporation - Class A stock price hit 1 000 USD price in a year?
Not within a year. See above .
Will Gamestop Corporation - Class A stock price hit 2 000 USD price in a year?
Not within a year. See above .
GameStop Corp Stock Forecast
Over the next 52 weeks, GameStop Corp has on average historically risen by 146.2 % based on the past 19 years of stock performance.
Will GameStop Corp Stock Go Up Next Year?
Over the next 52 weeks, GameStop Corp has on average historically risen by 146.2% based on the past 19 years of stock performance.
GameStop Corp Stock Price History
The current trend is moderately bullish and GME is experiencing buying pressure, which is a positive indicator for future bullish movement.
Stock Predictions
Is GameStop Corp stock public?#N#Yes, GameStop Corp is a publicly traded company.
GME Target Price
GME price target in 14 days: 258.064 USD* upside and 198.293 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Gamestop Corporation - Class A ( GME ) Stock Market info
Recommendations: Buy or sell Gamestop Corporation - Class A stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Gamestop Corporation - Class A share forecasts, stock quote and buy / sell signals below.
Gamestop Corporation - Class A ( GME ) Stock Price Prediction, Stock Forecast for next months and years
Below you will find the price predictions for 2021, 2022, 2023, 2024, 2025, 2026.
GameStop Short Interest
GameStop’s short interest is still rather high. A short interest above 10% of the float is considered to be high. GME’s current short interest is sitting at 10.39% via. Ortex.
GME Utilization Rate
GME stock utilization rate is currently 42.33%. This means almost half of the available shares in the market are loaned. APPL for example, may have less than 1% because there’s not a large demand for shorting the stock.
GME Stock: Shares On Loan
GME’s shares on loan refers to the number of shares that are being borrowed. GME stock has approximately 6.75 million shares on loan. We essentially convert the utilization percentage into the actual number of shares that are being borrowed.
How High Will GME Stock Go?
So, can GME stock reach $1,000 per share. It’s certainly a possibility given that GameStop’s dark pool trading percentage is rather high, according to Stonk-O-Tracker data.
4 Comments
I sold most of my AMC positions from the run up to $65+ and bought more GME, my entry price for AMC was $16. I just believe that GME is a better bet. I am currently 90% GME, 10% AMC.
Signals & Forecast
The Gamestop Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Support, Risk & Stop-loss
Gamestop Corporation finds support from accumulated volume at $190.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Gamestop Corporation stock A Buy?
Gamestop Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
How much did GME sell for Jefferies?
The video game retailer sold 5 million shares for a total of $1.1 billion through Jefferies.
How much did GameStop raise in 2021?
In April 2021, GameStop raised $551 million through equity offerings. At-the-market offerings have been used by meme stocks to raise funds because they target retail investors who have been pushing up share prices in the open market.
Who owns GameStop?
Ryan Cohen, an activist investor, owns a 13 percent stake in GameStop. Cohen plans to turnaround the video-game retailer into an e-commerce powerhouse from brick-and-retail stores. On June 21, GameStop added its new CEO Matt Furlong to its board. Source: GameStop Facebook.
Is GameStop closing?
A hedge fund that bet against GameStop was forced to close after suffering huge los ses as a result of a buying frenzy in the video game retailer’s shares in January. On June 21, Financial Times reported that White Square Capital will shut its main fund and return its capital.
Is GameStop stock up in 2021?
GameStop (GME) is one of the Reddit-fueled meme stocks that has skyrocketed in 2021. Despite a significant drop after June 9, it's still up 964 percent YTD. The stock gained 8 percent in the pre-market trading session on June 22. Why is GME stock rising and how high can it go?
Who is the CEO of GameStop?
So although GameStop’s CEO George Sherman isn’t fit to pick the company up from the ground up, the company is actively seeking a new CEO to takeover. GameStop could really use a CEO like Adam Aron right now. Adam Aron is the CEO and President of AMC Entertainment.
What is gamma squeeze?
A gamma squeeze are momentum gains. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market. A short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes.
Is Gamestop stock shorted?
GameStop stock is still being heavily shorted. With GameStop becoming a technology company, its value has not only significantly gone up but it now has even more potential to keep driving its momentum. Retail investors have a strong conviction towards GameStop investment.
Can retail investors save a company?
Retail investors now have the power to save any company they wish to save. Now it’s only a matter of time for GameStop to step up and raise capital so that they can innovate and provide more value back.
What is short selling?
Short-sellers are investors who short the stock. Shorting a stock is the process by which sellers essentially bet on the stock price to drop. They borrow stocks at a higher cost and sell the stock low, profiting the difference. How short selling works.
Is GameStop a storm?
GameStop has taken the entire internet and finance world by a storm. What is happening nowadays. Retail investors over at r/wallstreetbets have opened Pandora’s Box on short-sellers and hedge fund institutions.
