GameStop’s Secondary Offering: Is the Party Over for This Meme Stock?

Is your money at stake??

Published: April 7, 2021 Take a Look at This Formula There's a formula that's helped Wall Street legend Chuck Hughes lock in a 96.3% win rate… And it doesn't matter if the stock market goes up, down or sideways! It's his latest discovery and it could allow average traders to profit on stocks — even when they're completely wrong about the market's direction. Now Chuck is finally revealing to the world what he's found, and how everyday traders can start using this strategy to pull potential profits today. Check It Out Here Lance Ippolito Lance is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. GameStop's Secondary Offering: Is the Party Over for This Meme Stock? Video game retailer GameStop, the meme "stonk" of the century so far, is back in the news with a planned "at the market" secondary share offering. Following the company's announcement, shares of GameStop Inc. (NYSE: GME) tumbled more than 12.5% before rebounding. Shares were trading around $180 today at lunchtime on the East Coast... Now here's the deal… GameStop's secondary share offering aims to raise capital by increasing its number of outstanding shares by 3.5 million. Its plan is to use the generated cash to accelerate its "corporate transformation." Basically, with more shares available to the public, prices will go down. And, yes, this may attract a fresh flock of would-be meme stock investors hoping to buy the dip. But for current GameStop holders, more shares in circulation decreases one's ownership percentage, making each share held less valuable. So what's the play here? Should you buy in? And is there any reason to be bullish following the GameStop offering? Breaking Down the GameStop Offering How Biden's Infrastructure Plan Benefits EVs April 1, 2021 President Joe Biden just laid out his infrastructure plan. And he wants to spend a jaw-dropping $174 billion on boosting the electric vehicle market... Continue Reading How to Trade Micron Earnings April 1, 2021 Want to know how to spot potential winners ahead of earnings and triple your investment overnight? Of course you do! Continue Reading A New Money Crew Publication Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. This email was sent to phanphuongthanh89.822152@blogger.com by WealthPress LLC 495 Town Plaza Ave | | Jacksonville | FL | 32081 Forward to a friend | Unsubscribe From All WealthPress Emails