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GME tumbled after uneventful annual meeting: Is the hype fading?
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$GameStop (GME.US)$ . .

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  • 73806683 : What does this mean, the stock could squeeze?

  • 10baggerbamm 73806683 : at any point in time the stock can swing 10:15 that's a fact you saw it yesterday you see it this morning so no one can say with 100% impunity it's not going to go to 50 or 60 it could it could go to 70 nobody knows because it's pure velocity of money chasing movement that's it think of the tide coming in the tide going out at the ocean that's what's happening so billions of dollars Chase velocity and movement but what will not happen there will not be any type of gamma squeeze the spikes are getting lower and the reason why I can say this is because the company by selling more stock today it was done do whatever hedge fund or funds were at risk of losing by having to buy stock in the open market to cover their short they have now covered it through this placement

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