Th3InfamousI

GameStop: Short Magnet or Recesson Play?

I agree with everything not a cheap retailer at 26x estimates. But the future looks great for GME. I do believe this is a solid recession play, I think people need to look at video games in a different style of discretionary spending. With the take off of the new consoles and video games broad reach among age groups, I consider that video games are a relief to some hurting by the high gas prices, etc. Buying a $70 video game every couple of months is getting cheaper by the day, instead of going out to bars or driving cars.

I was long TTWO sold with the EA bid, and went long GME