Reddit poster goes from $50k to $11 million off Gamespot stock( now $48 mil)

EARFQUAKE

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If they’re in debt why is the stock going up?

Same thing as Gamestop and AMC. You get enough like minded people to buy, hold on to it, and watch it rocket. It's like you own the company at that point but everyone has to be on the same page.
 

jilla82

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:picard:I feel sorry for whoever bought AMC at market open, it fell like 100 percent right after
part of the learning process...
...at one point or another, we've all bought a local top.

Right now is a good price point to buy...
...im so deep in crypto I may sit this out.

These folks in the financial press are legit pissed about this.

This shyt feels like a continuation of protest/riots we saw last year.
 

EARFQUAKE

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For those of yall who made huge gains today, HBO

:feedme:


Redistribute the wealth :mjgrin:
 

⠀⠀⠀

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You really think it’s hitting $1k?

absolutely. melvin capital and citron research shorted GME to a ridiculous level. The short ratio was around 140% which was beyond greed and not normal. This is why GME is going up. those companies will go bankrupt


it has risen high because of gamma squeezes. When the short squeeze occurs some time after friday it will shoot up that high to 1000.

(no financial advisor, just love this stock)
 
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