Why is Gamestop dropping like a rock?
More sellers than buyers.
Its the Economy. How many times do I have to spell it out?Even if Gamestop was Digitalstop with the worlds best video game console that delivers games digitally only and there were no bricks stores and so on....We still have 25% unemployment among youth and an economy headed for total collapse next year depending upon Taxmageddon.
What company isnt falling apart at least on sales revenue?Now UPS has slashed its outlook.The number of stocks worth going long in is quickly shrinking. Soon we will see if Europe is impacting Apple.We have a wodespread contagion and it is pushing all stocks across the board but the absolute strongest to 52 week lows and then some.