Maybe I have missed it but is there a thread on Game Stock. The most amazing move I have ever seen. Makes Bitcoin look like Romper Room. Would appreciate an analysis and then comment. This stock was completely off my radar. However, there has to be a few/many who have made millions/billions if they know how to trade options. The only thing I know it was shorted big time (anyone have the figure) and then the Young Turks crowd sourced the stock. The thing here was that it wasn't just a few people. On 1/22 196,000,000 million shares traded, 1/25 177 million, 1/26 178 million - super big time on no real news. What is your read. I know most of us completely missed this. It was a Young Turk thing.
The whole country was talking about it since the weekend. https://www.elitetrader.com/et/forums/wall-st-news.44/
I apologize. When I was casually looking at comments on ET I did not see them. My bad. Hopefully once a Fool but not always. I did just look at the recorded short interest. Love how they are getting pounded. Again mea culpa.
There was a poster on here a few weeks ago that had a questions about commissions on a large order - he was going long $240,000 on GME (Toronto exch) when it was about $20 per share. If had followed through & is still holding, he is up about $4M on that trade. If your reading this, how did you do man?
Wouldn't you know, CNN has it figured out. The GME/Reddit thing - it's Trump's fault. Of course. https://www.cnn.com/2021/01/27/politics/gamestop-stock-surge-trumpism/index.html