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Jim Cramer on GameStop's Future: Where He Sees a 'Suboptimal' Situation

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The GameStop  (GME) - Get GameStop Corp. Class A Report saga continues on.

 In morning trading, the stock was halted after dropping upwards of 20% and continued to head lower after reopening for trading.

Cramer said though he remains impressed by the rise of the retail trader, GameStop doesn't have the fundamentals or the publicized turnaround plan to back up the surge in the stock.

"You have a lot of people making decisions that are material to their lives on material information that only GameStop has," Cramer said.

Recap TheStreet Live: Everything Jim Cramer Is Watching Monday

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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