Is GameStop Stock Prepping for Another Massive Short Squeeze?

InvestorPlace2022-04-13

While many stocks in the market have been struggling — especially in growth —GameStop(NYSE:GME) hasn’t been one of them. That’s ironic, as most of last year’s short-squeeze candidates have rolled over...

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Comment（10）

Bs777
·2022-04-13
Subtle fud
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Mr. T
·2022-04-13
Ape
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YJ1234
·2022-04-13
Ok
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1
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MIe
·2022-04-13
Game never stop
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2
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BabySim
·2022-04-13
Ok
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2
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ShakeroYong
·2022-04-13
Gogogo
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Mich77
·2022-04-13
read
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3
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TaiWoeiHaur
·2022-04-13
Good morning
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4
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V K
·2022-04-13
Pls like tyvm[Happy]
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2
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Patek1975
·2022-04-13
Yes MOASS coming let get rich guys buy up GameStop before the split
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5
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That’s ironic, as most of last year’s short-squeeze candidates have rolled over...</p>\n\n<a href=\"https://investorplace.com/2022/04/is-gamestop-gme-stock-prepping-for-another-massive-short-squeeze/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://investorplace.com/2022/04/is-gamestop-gme-stock-prepping-for-another-massive-short-squeeze/","article_id":"1172894345","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172894345","pubTimestamp":1649816377,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"While many stocks in the market have been struggling — especially in growth —GameStop(NYSE:GME) hasn","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站股市是否正准备再次大规模做空？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"While many stocks in the market have been struggling — especially in growth —GameStop(NYSE:GME) hasn’t been one of them. That’s ironic, as most of last year’s short-squeeze candidates have rolled over in tremendous pain. And while GME stock also suffered a large drop, it’s been on the move lately.Shares ripped off 10 straight daily rallies from the March low. Amid the rally, it amassed a 143% return from the recent low to last month’s high. While it has now cooled off a bit — down 24% from the high, investors are wondering if this stock still has short-squeeze potential. Acting as potential catalysts, there has been good news recently.Furthermore, GameStop chairman and former Chewy(NYSE:CHWY) CEO, Ryan Cohen, recently bought 100,000 shares of GME stock, boosting his stake in the company up to 11.9%. Another large buyer of the company is Bill Pulte, who tweeted that he, “Just made six figure buy on GameStop.”Will some big-name purchasers in GME stock be enough to get another short-squeeze storm brewing? Perhaps, but the company took another step in potentially making it happen: A stock split.On March 31, GME announced its plans for a stock split, calling “for an increase in the number of authorized shares of Class A common stock from 300,000,000 to 1,000,000,000.” It’s a more complex stock split than what we’re seeing with recent companies such as Amazon(NASDAQ:AMZN) and Alphabet(NASDAQ:GOOGL, NASDAQ:GOOG). However, bulls are hoping it has the same effect on all three, which is a higher stock price.While GME stock has been volatile over the past 15 months, it still remains notably higher. Over the last two weeks, its stock has dropped almost 24%. Going back even further, though, the stock is up more than 650% since the start of 2021. In that regard, it’s hard to rule out that another short-squeeze is impossible. Particularly with the vigor that it traded with in late March.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9080338463,"gmtCreate":1649843821979,"gmtModify":1676534588274,"author":{"id":"3579125915383486","authorId":"3579125915383486","name":"Bs777","avatar":"https://static.tigerbbs.com/55192fe99f22baba34436da27200cb77","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3579125915383486","authorIdStr":"3579125915383486"},"htmlText":"Subtle fud","listText":"Subtle fud","text":"Subtle 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never stop","listText":"Game never stop","text":"Game never 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morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080035710","repostId":1172894345,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080038357,"gmtCreate":1649816972219,"gmtModify":1676534583088,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Pls like tyvm[Happy]&nbsp;","listText":"Pls like tyvm[Happy]&nbsp;","text":"Pls like tyvm[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080038357","repostId":1172894345,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080033335,"gmtCreate":1649816859733,"gmtModify":1676534583055,"author":{"id":"3566293775093626","authorId":"3566293775093626","name":"Patek1975","avatar":"https://static.tigerbbs.com/a2e5f9a5d563704aaf5f2473be16f148","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3566293775093626","authorIdStr":"3566293775093626"},"htmlText":"Yes MOASS coming let get rich guys buy up GameStop before the split&nbsp;","listText":"Yes MOASS coming let get rich guys buy up GameStop before the split&nbsp;","text":"Yes MOASS coming let get rich guys buy up GameStop before the split","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080033335","repostId":1172894345,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":94,"commentSize":10,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}