5 reasons GameStop stock (GME) is a roach not a cigar butt a la Warren Buffett & could short squeeze
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In this video I review GameStop (GME, $4.01, $260M market cap). As of August 2020 I’m bullish on the stock – perhaps foolishly so. What are your thoughts on GME? Do you agree or disagree with my take? What did I overlook in my analysis? Which of my assumptions were off? Resources mentioned in the video: Hestia/Permit Restore GameStop presentation May 2020: https://www.sec.gov/Archives/edgar/da… Scion 13D April 2020: https://www.sec.gov/Archives/edgar/da… Scion June 2020: https://www.businesswire.com/news/hom… SeekingAlpha GME Articles: https://seekingalpha.com/symbol/GME/a… The Verge – Xbox Series X optical drive: https://www.theverge.com/2019/6/10/18… Xbox 2013 blog update: https://news.xbox.com/en-us/2013/06/1… Variety – Death of Physical Video Games Exaggerated: https://variety.com/2019/gaming/featu… Scott Preston’s piece in Barron’s from February 2020: https://www.barrons.com/articles/game… GamesIndustry.biz – AAA game downloads: https://www.gamesindustry.biz/article… GamesIndustry.biz – GameStop’s concept stores: https://www.gamesindustry.biz/article… The Roaring Kitty channel revolves around educational live streams where I share my daily routine of tracking stocks and performing investment research. My investment style involves continually tracking thousands of stocks using a variety of widely available tools. When opportunity strikes – as it occasionally does in markets comprised of biased humans – I’m prepared to pounce and capitalize on the situation. I’m probably best classified as a fundamentals-focused deep value investor, though I find I’m increasingly leaning on technical analysis for screening, timing, and tracking stocks. In the years ahead I look forward to honing my portfolio management approach by acquiring bolt-on skillsets and further developing my approach to risk management. Some of the tools I use: Google Chrome, Chrome extensions & search engines, Google Sheets / Google Apps Script / StackOverflow, StockCharts, insider buying via OpenInsider, stock ownership via WhaleWisdom, SEC filings via sec.gov, SeekingAlpha, Twitter, Quandl / Sharadar, and bond prices via FINRA. The Roaring Kitty channel and live streams are for educational purposes only. I share my approach to investing in an effort to set you on the right path to building out your own investment process. I don’t provide personal investment advice or stock recommendations during the stream. Please understand that my style of investing is extremely aggressive and I take on a substantial amount of risk. It’s likely my approach would not be suitable for you. If you’re seeking personalized advice, I encourage you to sit down with a financial professional who can review your personal situation, financial background, risk tolerance, etc. Check out the Roaring Kitty disclaimer video for more information: https://www.youtube.com/watch?v=YM-Us…SHOW LESS