Thread: Money Investing megathread extravaganza
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Old 11-24-2017, 12:38 PM   #1437
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $1540477
The RSI on Gamestop is at 25. Typically when the RSI gets below 30 it's in a buy range. That stock has been hammered but it might be at the bottom and a good time to buy. Avg price target I see is from 20-28 with an avg of $24. It's at 17.42 right now. For some reason interest expense doubled in 2017 and revenue went down. Lowest in 5 years. It's gone down every year since 2014. Not very liquid company and no growth.
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