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kdjemili
Feb 4, 2021 7:12 PM

Gamestop: short squeeze is coming at 20$ Long

GameStop CorporationNYSE

Description

A small graph to show the manipulation of the market: the volume during the rising phase is significantly higher than during the falling phase. So where have the buyers gone? Only the hedgies caused this price drop.
I think the price will go down to $20 before the big short squeeze comes along.
Comments
gmoney1216
The short squeeze has happened.
HabitualLineStepper_
If it drops to $20, the shorts will have achieved their purpose at this point, no?
With recent additions and a move towards ecommerce over brick-and-mortar one can see it being worth at least $20 now.
It was over $80 in the 90s and that's not taking inflation into account.
$20 stays there and steadily moves up imo.
HabitualLineStepper_
@kdjemili, interesting. This as well: wherearetheshares.com/
kdjemili
@HabitualLineStepper_, very useful. Thanks
kdjemili
volkswagen in 2008 had a short squeeze in 2 phases and it seems very similar to GME except that GME move is faster and bigger than Volkswagen.
Melvin0
@kdjemili, If the price does elevate in a 2nd wave, what do you expect it to exceed? $450 $800
More? Less?
kdjemili
@Melvin0, no one knows but if GME follows the same pattern than volkswagen in 2008, the price should be above 500$
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