GameStop Stock: Handle with Care!

Investors hoping for a GameStop short squeeze or a turnaround under CEO Ryan Cohen may be disappointed. The short-squeeze frenzy that boosted GameStop's market capitalization in 2021 seems to have lost momentum, leaving investors with shares of an unprofitable business. Rumors of a ban on naked short selling are unfounded, as the practice is already illegal. Cohen's leadership abilities have been called into question, with concerns about his cost-cutting approach and lack of experience managing a physical retailer. Some analysts warn that GameStop's path to zero is relentless and likely unstoppable, advising investors to stay away from GME stock.