surged nearly 41% on Wednesday as the video game retailer's first profitable quarter in two years squeezed bearish investors and sparked off a rally in other stocks popular among retail traders.and several other names were at the heart of a meme-stock frenzy in 2021, which was driven by small investors coordinating on social media. A number of those names were up on Wednesday.
"Luckily, this go-around is not due to meme investors, but an actual tangible fundamental event," said David Wagner, portfolio manager at Aptus Capital Advisors, who does not have a position in the stock.
plywood windows are never a good sign.
Profits in reality will always occur from the virtual worlds of fantasy. None does until it is.
I made money on this turkey once.
Really people, first profit in 2 years ? Gamestop declining. Is it going to zero ? Maybe not, but I buy games on line, I haven't been in a game stop since October 26, 2004, to get GTA SA. They will have to change there business to be more online if they are to survive
Another short squeeze?
GAMESTOP IS THE ONLY WAY !
Price is $24. This ain't no squeeze. WeAreNotSelling DRS GME $GME
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Source: Reuters - 🏆 2. / 97 Read more »
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