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GameStop shares are jumping again, but short sellers aren’t backing down


               
2021 Jan 26, 6:54am   21,336 views  215 comments

by zzyzzx   follow (9)  

https://www.cnbc.com/2021/01/26/gamestop-shares-are-jumping-again-but-short-sellers-arent-backing-down.html

GameStop’s short interest stands steadily at 139%, unchanged from a week

Interesting read on how a messageboard found a stock shorted at > 100% of the stock, so they decided to collectively buy the stock, hoping to make money off a short squeeze.

IMO, gambling, not investing, but I should add it to my watch list to see what happens.

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1   RC2006   @   2021 Jan 26, 7:08am  

Also watching.
3   zzyzzx   @   2021 Jan 27, 10:19am  

$334.29/sh + $186.31 (+125.90%) As of 1:18PM EST. Market open.
5   Cash   @   2021 Jan 27, 11:03am  

GameStop-Style Revolts Spread, Prompting Halt by TD Ameritrade, Nasdaq Monitoring
https://www.coindesk.com/gamestop-equity-markets-trading-halted-nasdaq
I like how the MMs totally cater to the hedge funds w/naked shorts and who knows all
but when the tide turns they turn into whinny little bitches.
7   EBGuy   @   2021 Jan 27, 1:17pm  

I was somewhat oblivious to GameStopGate until I saw this segment on Rising this morning. Hilarious, especially the rant by Jim "man of the people" Cramer. (see 4:50 below).
https://www.youtube.com/watch?v=9ToOGrUQ7ME

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