Lol.......Gamestop

[nehalemguy]

Lol....I just watched Gamestop stock crash again from $348.50 to $216.00 in about 10 minutes time. . Gotta love the Reddit crowd.

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[nehalemguy]

Now $198.00. Trading stops seem to have kicked in. It's been stuck there for a few minutes. I have to wonder if this wasn't a coordinated sell event on the part of th he Reddit crowd. ???

 

[SonicBlue03]

It's like watching crypto.

I'm in AMC TO THE MOON, BABY.

 

[nehalemguy]

Back up to $266. That ride is enough to make a fellow nauseous.

 

[1371JarHead]

I know its enough to make you want wrap your lips around a crack pipe lololol

 

[Member 34319]

I'm surprised it is still that high. I jumped ship early and made some $$ of the small amount I bought. No sense in holding into it at this point, the gig is up.

 

[nehalemguy]

I'm surprised it is still that high. I jumped ship early and made some $$ of the small amount I bought. No sense in holding into it at this point, the gig is up.

February 24th it was in the $48 dollar range. Next day it was $177.

E

 

[nosbocaj]

Now $198.00. Trading stops seem to have kicked in. It's been stuck there for a few minutes. I have to wonder if this wasn't a coordinated sell event on the part of th he Reddit crowd. ???

Retail traders don't have the power to launch a coordinated attack like that. What's happening to GME up or down is being controlled by big money. About 16% of GME is owned by retail, so about 11 million shares of a 70 million total volume. Averaged redditors with 7 shares are just along for the ride and have no true impact on what happens to this stock. Even a whale like Keith Gill only owns 100k shares. A drop in the bucket.