GameStop seeks to split stock for the first time since 2007, shares jump nearly 17% in after-hours trading (nice jump 😉)
(www.marketwatch.com)
👀 EYES ON! 👀
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Adding onto this, the price is up from 166 to 195 in after hours, and expected to go up further. Over 200 and things start to get spicy. If it gets over 350-400 we are in the same territory as the mini squeeze from last January where their only "out" was to have Robinhood turn off the buy button. Once it gets over this threshold it is likely to continue on up to infinity and we'll see some liquidations of hedge funds and banks that have massively over sold these shares over the past decade. GME is the most shorted stock in the entire market, and shorts have infinite risk.
Looks like they've been able to suppress it. Thinking it might take the actual issuance of the dividend to light the rocket boosters.
Right back to where it was lol.