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MoneyMaker111

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MoneyMaker111

Re: None

Wednesday, 07/10/2024 2:52:23 PM

Wednesday, July 10, 2024 2:52:23 PM

Post# of 24654
Now Upgraded, $GME can safely-walk back to $120

$GME's recent trading price of $120 per share in 2021 was when the company had poor financials, and the company had not yet been turned around.

Now GameStop Corp is sitting on $4.2 billion dollars of free cash. GameStop has negligible debt: in the form of a 20 million covid loan from the French government. GameStop was also profitable over 2023, and is projecting ongoing profits in 2024.

Further, extended hours charts show that $GME already tasted $80 again already just two months ago. $120 is in close range.

So it becomes very clear that the $120 price will be retested here quite soon.



$GME (bullish... darn near Apish)
#GME (bullish... darn near Apish)
Bullish
Bullish

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