GAMESTOP (GME)
EARNINGS RELEASE - AUGUST 20 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.17/share REV: 1,010/M
___________________________________________________________
NEXT QTR: EPS: -.64/share REV: 1,210/M
____________________________________________________________
FULL YR: EPS: -1.53/share REV: 5,750/M
____________________________________________________________
LAST QTR: EPS: -1.27/share ACTUAL: -1.61/share (MISS)
____________________________________________________________
BEAT/MISS RECORD: 62% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 11.49, 15.41, -20.43
EXPECTED JUMP MOVE THIS QUARTER: 15%
——–
*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
40 North Management, which owns a large stake in W.R. Grace, raised its bid for the company. RC Ventures reached an agreement to appoint three directors to the board of videogaming retailer GameStop.
Barron’s recently argued that shares looked pricey at $18. Now they’re nearly $40. The timing of our bearish call was terrible, but our downbeat view on the stock remains the same.
(Bloomberg) — GameStop Corp.’s record week saw shares double after activist investor and Chewy Inc. co-founder Ryan Cohen was added to the Board — and now leaders of the video-game retailer are cashing in millions before heading for the door.At least two company insiders sold more than $2.6 million worth of stock on Jan. 13 when the shares posted record gains and rallied to the highest level in more than five years, regulatory filings show. Shares of the Grapevine, Texas-based company, which doubled this week, fell about 1.3% in late trading Friday.Chairman Kathy Patterson Vrabeck sold $1.4 million of shares at an average price of $27.99 while Raul J. Fernandez, a board member, pocketed $1.22 million as he disposed of shares at an average price of $35.28. Both are slated to step down from the board given the addition of Cohen and two former Chewy employees to help lead the company, filings show.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Jim Cramer told his Mad Money viewers Thursday night that there are many things that can make a stock rally. Thursday was a day when we saw hopes of more stimulus, a helpful Federal Reserve, and positive comments from Delta Air Lines , to name a few. Cramer said, there are shortages of shares when short sellers get squeezed.
The Reddit blog that Jim Cramer said had more market influence than anyone Wall Street outfit.
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 3,523,329 Market Cap: 264.86M
Sector: Services Short Interest: 269.03
Ticker delayed 20 minutes
NOTICE: All material on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.
by Team Stockjumpers