The short squeeze saga in 2021 is believed to be well-known to everyone. Apart from Ryan Cohen's involvement and catalyst, the beginning of all events is Roaring Kitty.
In August 2020, when $GameStop(GME)$ was less than $1, he released a video suggesting that GME, being undervalued, could soar to $50.
Everyone is familiar with what happened next: GME surged by 1000%.
Last night, what caused $GameStop(GME)$ and $AMC Entertainment(AMC)$ to skyrocket by 100% was Kitty's tweet after three years on X.
After hours, GME continued to soar to $38. Will you go long or short?
S3 Partners said,
Short-sellers suffered a loss of $838 million in GameStop.
But if you go long, beware of the cooling of short squeeze.
This week's monthly options expiration will bring significant volatility.
Are you ready to join this game?
Go big or Go home? What’s your choice?
What’s your target price for GME: $5 or $100?
Leave your comments or post in our topic to win tiger coins~~
Comments
meme stocks can be risky, as their prices are often driven by sentiment rather than fundamentals. It's essential to do your own research and consider your risk tolerance before investing in any stock.