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The stock market has been buzzing with excitement over the past few weeks, particularly with the saga of GameStop stock (GME). The once-struggling video game retailer has seen its stock price skyrocket thanks to a coordinated effort by a group of individual investors on social media platform Reddit.
The main focus of this stock craze has been a battle between retail investors, who have been buying up shares of GME in an effort to squeeze out short-sellers who have bet against the stock. This battle has caused the stock price to surge to unprecedented levels, with GME hitting an all-time high of over $400 per share last week.
However, with all this volatility and speculation surrounding GME, many investors are wondering what the endgame is for this stock. Will GME continue to soar to even higher heights, or is a crash inevitable?
This week could be crucial in determining the fate of GME stock. The company is set to report its quarterly earnings on Tuesday, which could provide some insight into the financial health of the company and whether its current stock price is justified. If GameStop reports strong earnings and is able to show a path towards profitability, then the stock could continue to see gains.
On the other hand, if GameStop’s earnings disappoint or if the company fails to offer any compelling future growth prospects, the stock could see a sharp decline as investors rush to cash in on their gains. Additionally, regulatory scrutiny and potential intervention by major brokerage firms could also play a role in the stock’s future performance.
Ultimately, the endgame for GME stock this week is uncertain. While it’s impossible to predict exactly what will happen, investors should be prepared for continued volatility and potential swings in the stock price. Whether GME continues its meteoric rise or faces a significant correction remains to be seen, but one thing is for sure – the GME stock saga is far from over.
Comment your GME stock expectation for this week!
The shares went in etfs they can’t offload with it being scheduled
Do you think it’s bad of good for gme that etfs supposedly recently added 4000 percent more gme shares lol
It’s all about HODLE
My expectation is we lose . . . unless we request our physical stock certs . . .
another moron making stuff up like "laddering". Blame hedge funds, blame rich people. Instead of doing hard work and working for years to make money, you would rather try a get rich scheme and if it doesn't work blame others. Great generation!
Here is what I'd love to see GameStop do…
Convert their 5000+ to e-sports centers that hold tournaments and do custom gaming pc builds and repairs. Create a streaming service to compete with twitch and stream all their e-sports activities on their service. Start to leach streamers from twitch and gaining their market foothold. Meanwhile, launch a new digital game store to compete with Steam and Epic game stores. This is the 21st-century GameStop! If they do all these things right, they could be THE BIGGEST gaming service in the entire industry. Amazon would be wishing they bought GameStop instead of twitch. 🙂
In the meantime, I'm sitting here holding a bag buying a dip, and feeling like a dipshit. lol 🙂
but doesnt the short squeeze % ratio data only get updated twice a month??? and that 120% figure was as of 1/15/21…. so we're not actually acting on real time data.
nice und cool Grüße aus der crazy Küche
What bout now 🙁
The real value of a stock is the time-adjusted value of the income stream it will produce (including any final liquidation if the company goes out of business but returns equity to shareholders). People who purchase a stock at prices in excess of that value will, on aggregate, lose money. If GameStop starts offering new shares, that will hasten the correction, but increase the price of the stock at which most investors would be able to cash out.
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Endgame? This shit just fuckin started mate
Goooooood video
Buy the dip!
ASTI ALYI IDEX TNXP ATHX IQST IDEX GERN all up Penny Stocks AITX CETY IPIX WDLF
dimond hands still halding