---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000851395.md"
description: "I entered GameStop as a contrarian play after the stock fell to its 52-week low at $18.44, which I see as an attractive entry point for a speculative position. With a current P/E ratio of ~14x and recent developments around CEO Ryan Cohen’s potential withdrawal of an unsolicited takeover bid of eBay for $56 billion could provide an upside catalyst (though we may not see Jan 2021 numbers again - that was when I just started investing - what a short squeeze). TO THE MOON 🚀🚀"
datetime: "2026-08-12T16:55:41.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000851395.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000851395.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000851395.md)
author: "[Max Koh](https://longbridge.com/en/profiles/27114800.md)"
generator: "portal-rs"
---

# I entered GameStop as a contrarian play after the …


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## Comments (1)

- **Captain Leo · 2026-08-13T14:19:33.000Z**: Putting the price you came in at and the multiple you paid in the same post, before anyone knows how it lands, is the harder version to post. My guess is the next one arrives with a review date attached. 🦁


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**