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$GameStop (GME.US)$ Jim Cramer expressed strong skepticism a...
$GameStop (GME.US)$ Jim Cramer expressed strong skepticism about GameStop Corp. (NYSE:GME)’s future, stating it’s time to stop pretending the company has real momentum. He pointed out that GameStop Corp. (NYSE:GME)’s latest quarterly results were disappointing, causing a 12% drop in its stock price. According to Cramer, GameStop Corp. (NYSE:GME) has been sustained mainly due to CEO Ryan Cohen’s popularity with the WallStreetBets community, which led the original short squeeze in 2021.
“Can we finally stop pretending that there’s anything real going on at GameStop Corp.? Last night, the video game retailer and OG meme stock reported yet another unimpressive quarter, and the stock lost 12% of its value today. For years now, GameStop Corp.’s been hanging in there in the teens to 20s, largely because CEO Ryan Cohen has a cult following among the WallStreetBets crowd that orchestrated the original short-busting campaign in 2021.
“Can we finally stop pretending that there’s anything real going on at GameStop Corp.? Last night, the video game retailer and OG meme stock reported yet another unimpressive quarter, and the stock lost 12% of its value today. For years now, GameStop Corp.’s been hanging in there in the teens to 20s, largely because CEO Ryan Cohen has a cult following among the WallStreetBets crowd that orchestrated the original short-busting campaign in 2021.
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103527567 : this doesn't really hold much merit considering Cramer's history
Chronic Line Stepper : yeah i love it when Cramer talks that way. Its been very good for the price in the past.
Ultrademic : so it's about to pump?