To The Moon

GameStop stock surged 5.16% during intraday trading on Thursday, as renewed interest in meme stocks fueled by the resurgence of popular trading platform Robinhood contributed to the video game retailer's share price rally.The stock movement coincided with reports highlighting Robinhood's remarkable comeback in 2024, driven by its diversified product offerings, strong earnings growth, and increasing popularity among retail investors. According to reports, Robinhood's impressive performance and a

In an interesting twist this week, GameStop announced the opening or restyling of several "retro" locations that sell old consoles and hardware, as well as software discs. The retailer's retro website includes games for NES, SNES, Game Boy, Game Boy Advance, N64, DS, GameCube, Wii, Wii U, PS1, PS2, PS3, PS Vita, Xbox, Xbox 360, Sega Dreamcast, Sega Saturn, and Sega Genesis.On the financial front, GameStop disclosed on Wednesday that the company voluntarily terminated its credit facility, includi

Let's dive into why GameStop still looks like a sell, and why GME stock could have much further to decline from here over the long-term.

Whilst the share market can, and will, do almost anything in the short term. Over the long term, share prices tend to, almost always, track the fundamentals of the underlying business.Some meme stockers will tell you that fundamentals don't matter. They are playing a different game. They'll tell you to just trust them. That I am part of the enormous Wall Street conspiracy looking to keep the regular folk down.But fundamentals do matter. In fact, if you plan on holding for years, you can argue that they are the onlything that matter.So, if you find yourself looking at the recent share price rise of companies like AMC Entertainment and GameStop and getting tempted to press "Buy", ask yourself, do I think these companies have good fundamentals?Do I think these companies are going to be earning significantly more revenue and profits in 2, 3, 5, 10 years

Lottery-type stocks like GameStop, AMC Entertainment and Bed Bath & Beyond have delivered speculativ