) are moving after"Roaring Kitty," best known for the meme stock's 2021 short squeeze, returned to his livestream. Bespoke Investment Group co-founder Paul Hickey joins Asking for a Trend to discuss how this week's movement compares to the 2021 meme stock rally.
"There's a lot better ways to waste your money as an investor than to try and ride that stock," he adds.And I don't know if you watched the Keith Gill Live Stream today where he, he was just kind of hanging out talking about gamestop and also trying to get people to guess what kind of beer he was drinking.
Uh, now it looks more isolated but Gamestop today, the volume was higher than I think you have to go back to March 2021 to find the last time its volume was this high. But, um, you know, I, I think it's much more contained and it's a, you know, what's the market cap now today, after today's move, it's maybe like six or 7 billion.So it's, it's, um, it, it's very contained and I, I don't, I think it's a broader market issue to worry about at this point.Game stops, uh, market cap $9.9 billion believe it or not even after today, even after today.
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