GameStop’s CEO celebrated Trump’s victory and stock has been climbing ever since
GameStop’s CEO celebrated Trump’s victory and stock has been climbing ever since
Markets across the board rallied the morning after Trump was elected in sweeping victory over Kamala Harris
You're viewing a single thread.
It’s still down from where it was 2 years ago when I bought it. I’m deciding when to sell it to be able to claim the loss on my taxes since I’m not expecting any profit from it.
Not sure how that's possible unless you only bought back in 2021. Within the last 2 years, it actually peaked in May of this year around $65. Otherwise, it's been pretty stable around $20-$30. There's been plenty of time to get a low average cost and take profit when it starts running again. Now that they have year-over-year profitability and $4-billion in cash, I expect there will be future opportunities too.
Dumb dumb me bought it at $35, though that was pre-split. I haven’t put a trigger on selling it either since I was holding on to it.
I think that must be post split then. If it was pre-split, those would be $8.75 shares, which is a very good price and you would be way up.