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JC

1 year ago

in Technical Analysis Continued: GameStop (GME) on Investing Adventures
well nobody could argue with the gme chart's consistent uptrend, no alarming spikes, but the fundamentals concern me. PE 44 and peg @1.8... that seems hard to sustain for a retailer, no matter how hot the product they're selling is. the long term trend for all media is digital distribution, that leaves for low barriers to entry and distribution by the game makers themselves.
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