If you're hearing about it in the media, it's too late.
Other stocks being suggested in similar situations include Blackberry, Nokia and AMC theatres. But honestly, it seems that people have to start learning fundamentals, technical analysis and researching to see if any other companies are going to be put into a GameStop position.
I'd rather buy gaming-related stocks in which I see potential than try to figure out whose price is depressed by short sellers. The difference is I'm talking about investing in companies that are doing pretty well but in a huge growth industry. By that measure, there are a few that I have been long on for a while.
CD Projekt REd actually took kind of a beating in the wake of the Cyberpunk launch. It has recovered somewhat. I think those guys have a good thing going; some people will disagree saying they've gone woke or something. Paradox Interactive has a pretty sweet business model from an investor's perspective. I expect Vampire to be a big hit. I may be biased on Paradox since they actually make games that I like, but at the same time, I have something of an expert opinion that they make good games.
The big questions people at this point would have, I think, are:
Is it too late to jump on the Gamestop/AMC stock train to make money
If it IS too late, are there any other stocks in the same situation
I'd rather buy gaming-related stocks in which I see potential than try to figure out whose price is depressed by short sellers. The difference is I'm talking about investing in companies that are doing pretty well but in a huge growth industry. By that measure, there are a few that I have been long on for a while.
CD Projekt REd actually took kind of a beating in the wake of the Cyberpunk launch. It has recovered somewhat. I think those guys have a good thing going; some people will disagree saying they've gone woke or something. Paradox Interactive has a pretty sweet business model from an investor's perspective. I expect Vampire to be a big hit. I may be biased on Paradox since they actually make games that I like, but at the same time, I have something of an expert opinion that they make good games.