Gamestop Corporation (NYSE:GME), Bed Bath & Beyond Inc. (NASDAQ:BBBY) - GameStop's Power Surge: Will WallStreetBets Or The Short Sellers Come Out On Top?
“People just want to buy the stock without even thinking about the business,” Left said. While he understands people’s fanaticism surrounding Tesla, Inc. (NASDAQ: TSLA), Left said GameStop is completely different. “For people that were fanatical about Tesla, I got that. It was a great product, changing the world,” he said. “But to have a mall-based retailer that’s actually failing, doing poor, trading at all-time highs when it comes to valuation...If you believe they’re going to hit their numbers, they’re trading at next 12 months 42 times EBITDA, and normally it would trad...
Source: benzinga.com