Here's Why GameStop Stock Just Exploded Higher

Motley Fool 2021-02-25

Everyone is gearing up for short squeeze 2.0. What happened Shares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, ...

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Comments

  • Joe00
    2021-02-26
    Joe00
    To the ??
  • jeraldlyh
    2021-02-25
    jeraldlyh
    to the moon
  • cheryltanat
    2021-02-25
    cheryltanat
    Sell now. Get profit first 
  • mepotat
    2021-02-25
    mepotat
    ???
  • cheryltanat
    2021-02-25
    cheryltanat
    Can buy now? 
  • Scuttle_butt
    2021-02-25
    Scuttle_butt
    Facts.1. Most of those on WSB and using Robinhood changed brokers.2. Hedge funds were manipulating the markets with the ladder attacks dropping the prices3. The tactics mentioned above just bought the hedge funds time and was delaying the inevitable.4. If retail investors weren't selling there's no way for the hedge funds to recover!
    • 李育儒: 
      Hedge funds did covered.


      But it is new short cover old short, t the same stock can be borrowed multiple times.


      It is like using your $5000 paycheck to make $20k loans from 10 banks.
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