On Wednesday after the closing bell, GameStop (NYSE:GME) held its annual shareholders meeting which it also used to report its quarterly results.

“History does not repeat itself, but it often rhymes”, is a famous quote from American author Mark Twain and perfectly encapsulates the recent repeat of the Reddit short squeeze from January.

The group targeted specific companies who have a high number of their shares shorted, and initiated one of the largest coordinated short squeezes in history.

At its current prices you could do worse than taking a shot on a long-term outlook for GameStop.