Shares of GameStop Corp. GME, -11.41% fell 0.7% in premarket trading Monday, which puts them in danger of a sixth straight loss, after Ascendiant Capital analyst Edward Woo turned bearish on the videogame retailer, citing a"hazy" 2021 outlook despite strong new consoles launches. Woo cut his rating to sell after being at hold since June 2019. He lowered his stock price target to $10, which is 94% below Friday's closing price of $158.
6% year to date through Friday -- is due to"wild investor optimism" about the company's prospects and valuation and"a humungous short squeeze," helped by the addition of Ryan Cohen to the company's board.
Welp. This aged well.
So now reddit listen to analysts 😂
Throw up some actual news on the cyclical failure to delivers on $GME. Also do some digging on the dark pool trading. Or don’t and just keep the jokes coming.
Market watch insider trades and pushes out articles about drops and price 20 mins before it actually happens SEC we’re gonna hold you accountable for market manipulation
How's the outlook on their $RDHL pick? Still got a $20 price target on that?
Buy & hodl
YOU CAN PRY THESE SHARES FROM MY COLD DEAD HANDS !!!!
Ah yes, the highly-respected boutique Ascendiant analyst ratings 😂
Didn't Game stop just flood the market with more shares to be available to buy? wouldn't that affect the price?
Imagine still holding this thing.
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