Win / GreatAwakening
GreatAwakening
Sign In
DEFAULT COMMUNITIES All General AskWin Funny Technology Animals Sports Gaming DIY Health Positive Privacy
Reason: Spelling

GME has been naked shorted and stock price was going down (~$4). Retail (normal people) found out it was shorted >100% of the float and started buying and the price rose up ($181 close today). Now retail owns the float and is in a position to name their price when short positions close and many others refuse to ever sell. With that said, Game Stop is a very strong company all on its own with heavy expirence in upper management, BOD, has no debt & $2B in cash with new plans to move beyond selling just games. The price remains low due to criminal actions keeping it low. Only time will tell.

2 years ago
3 score
Reason: Original

GME has been naked shorted and stock price was going down (~$4). Retail (normal people) found out it was shorted >100% of the float and started buying and the price rose up ($181 close today). Now retail owns the float and is in a position to name their price when short positions close and many others refuse to ever sell. With that said, Game Stop is a very strong company all on its own with heavy expirence in upper management, BOD, he’s no debt & $2B in cash with new plans to move beyond selling just games. The price remains low due to criminal actions keeping it low. Only time will tell.

2 years ago
1 score