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Reddit Gme Stock Explained

And Plotkins 125 billion firm. Before long veryforestgreen.


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The short answer as to why the GME short-squeeze play isnt financial Qanon can be summed up most simply in the following way.

Reddit gme stock explained. GME should legit be an 80 stock after the short squeeze is over. The company explained it was required to keep a substantial amount of money on hand in order to process all the trades happening through its. Read our explainer of short selling as it relates to GameStops.

Trading range between 80-100 is plausible but prolly closer to an 85 average. GameStop stock is on the rise and a Reddit group called WallStreetBets is at the heart of an unusual meteoritic rise in price. What happened last week with GME stock price and option was a combination of a gamma squeeze 1 and infinite short squeeze 2.

The GameStop stock rally is the handiwork of rWallStreetBets a Reddit community where people share news memes and personal anecdotes about playing the stock. The more complex answer is that its stock. GameStops Reddit-fueled rally explained Video game retailer GameStop is up more than 20x since March lows and 79 in just the past 2 trading days.

69420 AWARDS to DFV as of 1113am ET Aug 20th 2021 On His GME YOLO update Apr 16 2021 final update Post Direct Link To Post In Comments. GMEKeith Gill known by the Reddit username DeepFuckingValue and the YouTube and Twitter alias Roaring Kitty purchased around 53000 in call options on GameStops stock in 2019 and saw his position rise to a value of 48 million by January 27 2021. To date theyve managed to boost an ailing video game shop stock.

GME Timeline and wikAPEdia Must-Read DD List are off-site efforts to explain the whole GME saga in one place. Deep Dives The main thing that matters on Reddit on DD ie Due Diligence or Deep Dive posts where Redditors post data analysts and hypotheses for peer review by the community. Gill a 34-year-old marketing professional and.

An army of retail investors gathered on Reddits WallStreetBets forum to take on short-selling hedge funds and send shares in video game retailer GameStop a. Dont be surprised if by intraday on tuesday it moves to 40. Here is a guide explained so complete GME stonk reddit noobs can understand it that seeks to debunk that worry with lots of links for helpful data for the skeptical.

150pm Jan 28 2021. Even before the short squeeze there had been interest in GameStop ticker symbol. Why GameStop stock value has increased again a month after Reddit short squeeze The stock closed at 265 on.

Thanks to some financially savvy Redditors and a push from Elon Musk a number of flailing companies including GameStop are having a great week on the stock. PLTR will run up more due to it being at 20 dilution. GME share price explained.

For the first time in financial history all GME call options are in the money ITM because the highest call strike price set by the CBOE for Januaray 29 2021 is 60. The simplest answer is that its stock price has skyrocketed by somewhere around 8000 percent over six months. GME Squeeze and the demise of Melvin Capital wrote the user Stonksflyingup referring to stock ticker of GameStop Corp.

An online forum called Reddit is sending the old guard of Wall Street into a tailspin.


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