GameStop stock up 92.7% today (opens in new tab)

(finance.yahoo.com)

17 pointsalphadevx5y ago6 comments

6 comments

Total Value stock. Lot's of runway to make a lot of money. Physical video game cartridges have more staying power than the California redwoods. More profitable than Apple soon. Will change the physical video game space more than Pets.com or Yahoo Hotjobs! ever did. Super excited things are this conservative.

EVdotIO5y ago

Oh no, there is a massive short and convexity squeeze at play right now. When these positions need to be covered Friday, some people are going to get absolutely hosed.

iso8859-15y ago

The weekly and monthly options expire Friday, and people who hold them will need to buy at whatever price the stock has, right?

This is a gamma squeeze. So the price should rise even further on Friday.

Who is going to get hosed? Short sellers or owners?

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ibraheemdev5y ago

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