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Sunday, August 29, 2021
Ecommerce pivots spark massive gains
Hey Trader,
GameStop (GME) hasn't always been the polarizing, but occasionally lucrative, media darling that it is now.
Prior to 2021, Gamestop was a struggling retail store, trading at $15 per share, seemingly without many prospects available for it.
It's ability to service its debt was deteriorating, and they continued to shutter stores.
Not many investors know this, but one major catalyst to the rally in GME came from Ryan Cohen.
He's the co-founder of an online pet supply store. Upon joining GME, Cohen enacted his gameplan for the ailing brand.
That move sparked GME's rally to $400, and brought it back from the brink.
In my recent blog, I'll show you the secret sauce that saved GME, and how it's being played out again as we speak.
Don't miss the set up this time!
See you on the inside,
Dustin Pass CEO, Market Traders Daily.
Market Traders Daily Director of Client Services 888-228-2376
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