The worst isn’t over for GameStop: Here’s why

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The echo chamber is a bad place to be if you’re an investor. Bulls who only see the positives are toast. Bears who only see the negatives are toast. Shares of GameStop Corp (NYSE: GME) have been whipsawed these days, and with every move up or down, you’re seeing the camp with the tailwind trying to slam-dunk on the other, and that’s a big mistake. 

There’s real money being made (and more importantly, lost) here. Investing isn’t a video game. The narrative is also changing rapidly. If you think you know the players on either side of this first-person shooter, you may want to pull up the lineup card that’s been scribbled…