Understanding the facts of GME.

2021-08-24

GME exploded from $12 in December to $483 in January for precisely two reasons: 1) the famous 150% shorts 2) the genius move by WSB investors that “banded together as one”to buy, maybe 10 million shares ($120 million purchased).Now short interest is a meager 16% AND the stock is at a staggering $160.To apply similar pressure to a 16% short position as when it was at 150%, the shares purchased would need to increase by about 3X.The January squeeze was perfectly executed by coordinating about $120 million. Given the math above, to repeat that epic
squeeze would require $4.8 BILLION. $GameStop(GME)$

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