$GameStop(GME)$ why another squeeze on GME is IMPOSSIBLE:
1) as of 8/13/2021 short interest in GME is a scant 11.98%. An extreme difference from the legendary 150% shorts in January. In spite of the repetitive & obnoxious lies by the many internet shills, relatively speaking, shorts ARE fully covered
2) the 2020 Dec $14 stock price with a $1 billion market cap can be manipulated 15X easier than a $200 stock price and a $15 billion market cap. Apes can't manipulate GME at these lofty levels cuz their financial assets are relatively extremely insignificant.
3) GME has issued 5 million new shares in 2021, substantially diluting share holder value. Double-trouble of reducing share holder value and fully insulating GME from any chance of a second squeeze
4) epic squeezes happen, maybe, once in a lifetime - not every 6 months. But a Dreamer can dream!!
5) off on a tangent, yet pertinent; apes are similar to a competitive sports team of 17 year olds in that they can't create/find any new players with the honed talent - yet these high level athletes dropout due to: burnout, studies, girlfriends, other interests,
injuries,... - apes are also losing their 'rank n file' primarily to the Secret Society Of Massively Profitable Paper Hands, with no consequential 'new recruits' to join the current apes as the sad & lonely band of eventual Bag Holders
6) couple those facts with: Blockbuster 2.0, no business plan, negative eps, Top Execs quitting en masse, thousands of expensive/unwanted retail store rental space contracts, massive Insider selling... all of that negative synergy creates a horrendous stock that
"screams sell" to all with active grey matter.
For that remaining contrarian group, please take comfort in knowing that there will be a spattering of brighter days ahead for the stock price of GME, with impressive potential stock spikes over any random period of time... as it steadily marches-on toward its eventual destiny of $13.44.
Comments
No, it won't fall below $140 unless a stock split happens