GameStop, Other Meme Stocks Leap Premarket

Wednesday at $91.71, after being halted twice for volatility. Options activity tied to GameStop also hit the highest level in two weeks, with bullish contracts significantly outpacing bearish ones, Trade Alert data show.

A clear catalyst for the surge couldn’t be determined. The company said after markets closed Tuesday that itsOther “meme” stocks—ones that are popular on Reddit’s WallStreetBets forum—also jumped in offhours trading. AMC Entertainment Holdings Inc. climbed almost 15% premarket, after finishing Wednesday 18% higher. Headphone-maker Koss Corp. surged almost 100% early Thursday.

Both stocks, and several others, saw their share prices rapidly rise in January during GameStop’s meteoric ascent. They have fallen in the weeks since.

So interesting how this story has been covered by literally EVERYONE: either intentionally misrepresenting to help the hedge funds or people too stupid and just saying the 'frenzy has moved on' to maintain semblance of intelligence/impartiality. Incredible.

It needs to create barriers to entry around its unique, cherished brand. It could follow the Trader Joe’s model and start building its own exclusive brand of gaming furniture, hardware, and toys. Marketing Business

And those who trade it are about to lose their ass and more depending on how highly leveraged they are in the markets. Most don't have a fucking clue what they are doing and are only following what some leader tells them to do

the greater fool greed theory? like bit coin? what to say of hedge funds.............

It’s literally the same trade. It never ended

if there were no excessive shorts, there would be no volatile squeezes. by reporting in late Jan and early Feb that 'the squeeze is over' and telling people to move on, financial media revealed themselves to be shills of their hedge fund buddies, doing their bidding.

Wsj and fake stream media getting more and more irrelevant...

Bought some when it went down 🤞 today

So shady

$GME

They just want to divide us

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