Gamestop Corporation (GME)

[Prudent Capitalist]

Agree. But, yesterday CFRA (S&P Global Mkts.) reiterated its SELL rating on GME and set a price target of $16, which is slightly above that range. Two other analysts are at $29 and $30.

In any event, the steady downward march will continue for the extremely overvalued GME. It is amazing that there is still baseless hype out there that there are somehow still large short positions to be covered. That event and the squeeze ran its course weeks and months ago. But, I guess for those who chased this turd up above $200, there is an incentive to mislead and try to generate anther buying frenzy.