PageDickens
05-13

$GameStop(GME)$

The short volume has been above 50% almost every day during the past three years, often above 70%, i.e. 7 shares have been sold short for every 3 legit traded ones. Recently, the short volume has been above 80%. High short volume correlates with increased short interest, with a correlation metric of 0.45, which is significant. A consistent short volume over 57% should result in increased short interest. Some analysts estimate the true short interest to be above 950% of float, i.e. the short hedgefunds/marketmakers would need to buy the entire float 9.5 times in order to close their short positions. Buy, hold, DRS and book your shares. Set your own price target come MOASS, mine is $40M/share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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