Jim Cramer on GameStop: ‘The mechanics of the market are breaking down. … I’ve never seen the guns like this. They can break shorts.’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Jim Cramer on GameStop stock: 'The mechanics of the market are breaking down'

Jim Cramer appears to be flabbergasted by GameStop’s epic run — making this observation early Monday: — Jim Cramer, CNBC Trading by individual investors has led to massive rises in the Texas-based videogame retailer’s stock, which has quadrupled in 2021.

The former hedge-fund notable, commenting Monday during a CNBC program he co-hosts, “Squawk on the Street,” said this is new territory for the market: “The mechanics of the market are breaking down. It’s arguable that these people are all one group.”The Margin: Reddit moderator slams Wall Street ‘fat cats’ as GameStop’s wild ride continues — ‘They hate that you played by the rules and still won’

GameStop shares GME, +22.41% surged again Monday, fell and the rose again in a wild day of trading, after storming 51% higher on Friday. The gains came after short-selling firm Citron Research and speculative buyers organizing on Reddit clashed over the game retailer. After the markets closed on Friday, Citron released a video arguing the stock was worth $20. GameStop has been a favorite of Reddit message board WallStreetBets, where hundreds of posters have been calling for other posters to buy the stock after investors betting against the chain pushed short interest to more than 100%.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

The mechanics of the market are behaving correctly. It's the big money that's breaking down, so here comes the FUD and the uninformed to bail them out. THAT's the market breaking down.

The poors aren't allowed to feast wtf

the mechanics of the markets are evolving ?

The Fed is the most reckless guy in the room! The new Wolf of Wallstreet is Jay Powell. Blow them bubbles Fed, let's juice this market some more!

_£*())£¥£¥77¥87¥£¥/59778_6¥£978¥89€7£¥¥£())0

The 4th time you going to tweet this same stupid Cramer story?

J Powell is 100% responsible for this by removing the fear with their nationalizing of the market. This is what you get when the mechanism for clearing away excesses, is removed.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

These fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says'Mad Money' host Jim Cramer laid out a list of a dozen quality, high-dollar stocks that he said retail investors can hold to outperform Wall Street pros. What he said is not what we want lmao Yes, the hedge funds tremor in fear when I buy 1/8th of an NVIDIA share.... There it is, good try. This is the confirmation bias I was looking for. $gme to mars.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Jim Cramer says cyclical stocks are worth buying after Monday's dipJim Cramer recommended Nucor, Boeing, Union Pacific and other industrial stocks after shares fell on a countertrend trade. “O you who have believed, seek help through patience and prayer. Indeed, God is with the patient.” Quran: [2:153]. The Quran is The Final Word From God; The Creator Of Everything. He just said to buy tech stocks
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Jim Cramer says these five reopening stocks are being ignored by Wall Street'I bet they'll seem a lot more obvious as they go higher in the next few months,' he said Want to start earning up to $108 everyday using your cellphone or PC, send me a message now to get started. Jim Cramer us a good damn idiot. Recently my friend's baby was diagnosed with acute lymphocytic leukemia & needs a stem cell transplant. Jason & his wife are first-time parents caring for a sick baby & could use some help. If you are in a place to donate or share, it would be appreciated.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »