GME — All updates

Webcoin asking why GME is ripping today. UFG. Um, this was another one I think uh was was discussed. I don't know if it was here or if it was uh uh Tim Melvin play, but this is all of a sudden ripping UFG uh games or GameStop.

I almost called Webcoin GameStop Webcoin. I don't know why GameStop is running here. They reported earnings yesterday morning. It was a beat beat. Um director was buying 55,000 shares.

That came in the after hours. Maybe that's it. 55,000 share buy at 1860. Excuse me, 1880. That's got to be it. Was this the same director? Yeah, Lawrence. The same director bought 5,000 shares in January of this year.

Now is buying 55,000 shares. Spent a million bucks on that. So, you know what Tim Melvin says, there's only one reason to buy your stock in the open market. Lawrence Chang seems to think GameStop moving higher from here. Bought at 1880

Let's talk a little about "Game Stop". GameStop has somewhat confused me with the way the earnings were released. The stock does not move as much as it used to in the past. It has dropped by about 90 basis points.

And now, Lisa, their net sales have already dropped by approximately 19% to 20%. So, there are still ongoing conflicts, but I noticed a 57% increase in holdings. So, there are some bright spots here as well.