Search Featured Websites:
Feature your business, services, products, events & news. Submit Website.
Breaking Top Featured Content:
Feature your business, services, products, events & news. Submit Website.
Breaking Top Featured Content:
Deja Vu All Over Again: Gamestop Halted After Soaring 70% In Minutes On No News
Deja Vu All Over Again: Gamestop Halted After Soaring 70% In Minutes On No News
The squeeze is back.
About a month after everyone was transfixed by the Gamestop-led short squeeze insanity, which however fizzled in early February when the stock plunged more than 80% from as high as $500 to $40, moments ago GME exploded higher, surging more than 70% in the last half hour of trading on no news, and what appears to be yet another attempt to spark a short squeeze…
… which however will be difficult with just 32.8% of the float now short, a drop of roughly 100% from a month ago.
Tyler Durden
Wed, 02/24/2021 – 15:42
Continue reading at ZeroHedge.com, Click Here.