GameStop shares climb 6% in pre-market trade as frenzy continues into February

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GameStop shares climbed in pre-market trading on Monday as the Reddit-fueled short-squeeze on Wall Street hedge funds looks set to continue.

Shares of the bricks-and-mortar video game retailer surged more than 1,625% in January, causing a mark-to-market loss of almost $20 billion to hedge funds with short positions against the stock.The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the GameStop logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021.

Shares of the bricks-and-mortar video game retailer gained around 6.5% in early pre-market deals, with the stock having surged 1,625% over the month of January.

 

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Watch out for big moves on Bitcoin & Ethereum this week. Big money moving off exchanges. New money coming in. CME Ethereum futures launch on February 8. Bitcoin following virtually the same pattern as 2017. This is about the time the next run up starts.

$GME $AMC

dwithazaini

20 billion and counting. Wonder if they'll mention counterfeit shares

Nobody is buying your fake news, clearly. HOLD BOYS AND GIRLS HOLD 💎👐

What the hell an actual article not full of misinformation? like it's actually just the facts...this is unheard of!

I hope GME will keep going higher and higher so we can hear more and more crying on CNBC 😭😭😭

GS is proof that there is ALWAYS a greater fool -- also that bubbles are a very real thing.

When are you going to start interviewing regular joes and WSB users? All you ever do is promote the %1 bourgeoisie who are Naturally opposed to the proletariat traders. You know the disdain is real when your rich talking heads from large funds scowl the words 'retail trader'

And RobinhoodApp is still limiting $GME!

AMC🚀

Diamond Hands! wallstreetbets

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