GameStop Corp (GME) shares aren't exactly moving Monday morning, but they're certainly making noise. The stock is trending across social platforms following a holiday week, and the buzz centers on something delightfully nostalgic: Big Short investor Michael Burry just surfaced a 2019 email exchange with Keith Gill, the man the internet knows and loves as "Roaring Kitty."

The Email That Launched a Thousand Memes

In the revealed correspondence, Gill backed Burry's 2019 push for aggressive share buybacks, agreeing the stock was "absurdly" undervalued at the time. It's the kind of moment that makes retail investors feel vindicated, even if the timing is a bit awkward. The blast from the past triggered a relief rally last week, but the broader picture remains challenging. GameStop is down roughly 25% in 2025, and the recent volatility has left major institutional holders including Renaissance Technologies and Citadel Advisors nursing paper losses on their positions.

Nostalgia Meets Reality

Right now, GameStop is caught in that familiar tension between retail optimism and cold, hard fundamentals. Investors are hoping an expected Federal Reserve rate cut on December 10, currently priced at nearly 90%, could spark the risk-on liquidity the retailer desperately needs to counter its structural revenue contraction. Because here's the thing: nostalgia doesn't pay the bills, and GameStop's core business still faces serious headwinds.

Earnings Day Looms Large

All eyes now turn to the company's upcoming quarterly report on December 9. Wall Street is forecasting EPS of 18 cents on revenue of $987 million. It's a critical test to see if the retailer's fundamentals can match the renewed social hype, or if we're just reliving the greatest hits without any new material.

The Data Gets Weird

Market data highlights a striking disconnect. Despite bearish price trends across short, medium, and long-term horizons and a sluggish momentum rating of 11.91, MarketDash Edge rankings assign GameStop a near-perfect Growth score of 99.31. Make of that what you will.

Price Action: GameStop shares were flat at $22.58 at the time of publication on Monday.

How To Buy GME Stock

Besides going to a brokerage platform to purchase a share or fractional share of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in GameStop's case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.