CMG up 4%...thats why I'm not shorting yet. Let the losers keep bidding it up. I'll ride it down to low double digits when the time comes heh heh heh
crapotle is below 100 but there is a lot of support in these levels It will take an earnings meltdown for this to be shortable. A 15+% one day decline. Still hasn't happened yet. CMG at $30 seems fair. GME is still holding, but it will see single digits eventually. They have huge expenses from running stores. People can just pre-order games and systems online without having to shop at a physical store.
There are better stocks that offer a better margin of safety during a recession. I have seen plenty of grow fast restaurant companies come and go. Yeah they pop and show big returns but in the end they go back to where they belong. look at MCGs operating margins.