21% of the stock was short this afternoon.
That may (or may not) have been the percentage short when it opened this morning.
Here is the 1 Month Daily Chart for GME...
Closed at: $30.45
After Hours: $32.70 at 3:50 PM PST
CNN — No thanks.
Of course, after I sold mine.
Gamestop is a horrible place and I wouldn’t touch a stock of theirs with a 30ft pole.
“GameStop shares surged 74% on Monday after the account run by Keith Gill shared a meme on X, marking its first post in three years. The shares skyrocketed by more than 110% earlier and were halted for volatility several times on Monday morning.”
If it benefits the nomenklatura, trading goes as it will. If the normies ever experience anything cool, they call it “volatile” and stop it or impede it.
super fun to watch. DJT was on a bit of a run initially but I guess all attn went to AMC and GME. RUM will be another that has a high short position.
RUM and DJT will jump soon
21% of the stock was short this afternoon.
That may (or may not) have been the percentage short when it opened this morning.
Here is the 1 Month Daily Chart for GME...
Closed at: $30.45
After Hours: $32.70 at 3:50 PM PST
180+ million shares traded today. This was not retail, and Keith Gill (DFV) tweeting had nothing to do with GME’s jump. This is a fight between institutional investors. The longs saw the short interest numbers on GameStop and decided to pile on.
Pinning this on Keith Gill, or retail, makes a good story but is complete bullshit.
Coincidently - just watched the movie “Dumb Money”, today.
Root’n for the little guys!!