GameStop Changes Everything!

A new GameStop is taking over. Will investors do better with a new business model for GME and should you invest? ✅ Perfect for the holidays, give the gift of 7% cash flow and get a free bond with Worthy https://mystockmarketbasics.com/worthybonds GameStop the retailer is dead, GameStop the investment company is all that is left but there could still be some upside potential and ways to play the stock. For those of you following GME, I wanted to detail how management killed the retail business just last month, why this is going to be a totally different company going forward and how to invest. The Board of Directors put the final nail in the coffin to GameStop’s retail business last month when it announced third quarter results. During the quarter, the company reported revenue fell 9% from the year ago period and is down 6% so far this year. The big news was that GameStop approved two changes, detailing them in its 10Q report. First that it would now be investing balance sheet cash into stocks and other investments. Even more surprising though, it seems the Board is giving CEO Ryan Cohen the checkbook and full control of this investing. Reference: GameStop Investor Relations page and Earnings Announcement https://gamestop.gcs-web.com/ Quick-Start Guides! FREE Step-by-Step Guides to Get Started Fast! ⏩ Make an Investing Plan Right for YOU! 5-Minutes to a Personal Investing Plan https://mystockmarketbasics.com/quick-start-plan ⏩ Open an Investing Account. How to Open a No-Fee Investing Account and Start Buying Stocks in 5-Minutes! https://mystockmarketbasics.com/quick-start-investing ⏩ Easy, Step-by-Step to Analyzing Stocks! 5-Minute Guide to Picking the Best Stocks! https://mystockmarketbasics.com/quick-start-stocks 🤑 Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie My Investing Recommendations 📈 Check out the stock simulator and Get up to 12 FREE shares of stock worth up to $10,000 when you open a Webull investing account with any deposit! 🤑 https://mystockmarketbasics.com/webull 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://mystockmarketbasics.com/spreadsheetdiscount ✅ FREE Report! See the top five stocks in my portfolio, the five stocks I'm buying for the next 30 years! https://mystockmarketbasics.com/motleyfool ✅ Want MORE Free Stocks? Robinhood gives you from $5 to $200 and let's you pick your stock! You'll also get a link to share and get more free stocks. I've collected over $730 in free shares. Get your free shares and link here https://mystockmarketbasics.com/robinhood ✅ SoFi gives you $25 just for opening a savings account! I have savings, checking and an investing account...and own SOFI shares! Get your $25 free here https://mystockmarketbasics.com/SOFIfree25 ✅ 14-Day Free Trial and get 30% off Premium Access to the largest investment analysis community in the world! Lowest price online for Seeking Alpha premium access! https://mystockmarketbasics.com/SeekingAlphaDiscount Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. #gamestop #gamestopstock #stockstowatch