Posted on 05/14/2024 3:31:37 AM PDT by zeestephen
GameStop (GME) was up 74% on Monday during regular trading hours, and closed at $30.45...In After Hours trading, on Tuesday early AM, it has been up as much as 49% at $45.00...Is it pure hype?...Or, the greatest Short Squeeze anyone has seen for a long time?...Extreme buyer caution advised...At the $30 close yesterday, the GME Price/Earnings Ratio was 1,400...The median P/E for the S&P 500 is around 18
(Excerpt) Read more at cnbc.com ...
Trading halted at open, $57.00
Hovering around $50, now
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