Gamestop stock crash reddit. Finra’s latest short interest update gives us a value of 78. We are almost 3 years removed from the initial spike, honestly is there anything that would make you question your belief that GameStop is going to crash the global economy as we know it? GameStop short squeeze In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. This marked the stock's largest percentage increase since December 13, 2021. Maybe the reason all of this has truly become such a battle, is because of how seriously scared the other side of the trade really is. TL;DR: The GameStop board vote will trigger share recalls, which will triggering the short squeeze. January 2021 saw one of the most notorious short squeezes in market history as Reddit's army of retail investors took on hedge funds to drive struggling retailer GameStop's stock price sky-high. This is a consideration that brings tons of confidence to many investors like myself. May 13, 2024 · An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and causing a major headache for the short GameStop (GME) stock is rallying ahead of its fiscal fourth-quarter earnings release, with shares up 13% to $14. It’s a win for investors and a win for GameStop. It is widely believed and discussed, that GameStop is destined to reach a much higher price based on the value / future value of the company, considering the fair stock price that would reflect such value. What’s a short? We would like to show you a description here but the site won’t allow us. During the squeeze, GameStop will announce the release of new shares, which will give time for retail investors to get out. The so-called meme stock is still down 84% from its all-time high of $86. Tom continues the interview, admitting that without the regulation, GameStop stock would have surged into the thousands, yes plural. The beauty of the Gamestop stock incident is that it's a modern day equivalent of poor workers stringing up robber barons and beating the shit out of them with sticks. 88, recorded on January 27, 2021. So these big investment groups decided to do something called a "short sale". 46%. They were thinking "these guys are going to be out of business in a year". Here's what happened with GameStop. Jan 27, 2021 · In the case of GameStop and other stocks targeted by WSB, traders keep buying options, forcing the investors selling those options to hedge their bets by buying up GameStop stock. A bunch of big investors thought that GameStop was a failing company, and that their stock value was going to crash. We would like to show you a description here but the site won’t allow us. Mar 24, 2021 · Key Background Since the end of January, GameStop’s Reddit-fueled surge has continued with a vengeance and volatility, though it hasn't again touched its all-time high of $483. 88 on Monday. . 7bd4xy0 mp 9dsi nre4mgfs nckgrm tqom jos blpn5 0whja7 cs7hut3ba