$GameStop(GME)$ at its lowest

2021-02-12

$GameStop(GME)$ at its lowest volume since the reddit wallstreetbets frenzy ?

Q. What does it mean?

A. Liquidity is drying up.

Q. What's next?

A. With the extremely high short interest (~80%), the probability of a squeeze is increasing. This is because shorters (hedge funds) will have increasing difficulty buying to cover their short position.

DYODD

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Comments

Cerulean
2021-02-13
Cerulean
Yes, you are right. It takes time, can be either a few weeks or months. Just hold it! ???

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