GME

2022 - 10 - 31

Post cover
Image courtesy of "TheStreet"

Short Squeeze Alert: GME Is A Few Dollars From Going Parabolic ... (TheStreet)

S3 Partners CEO Bob Sloan, viewing the current market setup, believes that GameStop could see strong bullish momentum if it repasses the $30 mark.

Bob Sloan sees Meta as an example of danger on the long side because it is one of the most-held stocks held by hedge funds. That fee rate can put some extra pressure on short sellers to cover their positions in the event of a sudden upward movement. The author may be long one or more stocks mentioned in this report. Said Bob Sloan on Netflix's "Eat the Rich: The GameStop Saga" He believes that many short sellers are underestimating the risk of squeezes, claiming that events such as GameStop's squeeze should no longer be viewed as once-in-a-lifetime rarities. Rather, short squeezes occur when shorts (however many there are) start experiencing unacceptable losses after a sharp uptick in an underlying share price.

Post cover
Image courtesy of "Shacknews"

GameStop (GME) stock halted twice as shares attempt breakout ... (Shacknews)

GME stock trading saw a lot of activity this morning as share price broke out above $30 per share before being halted two times for volatility.

August saw further halts, [occurring twice](https://www.shacknews.com/article/131749/gamestop-gme-stock-halt-volatility) as the stock had itself yet another volatile day. [stock’s trading was halted four times](https://www.shacknews.com/article/130316/gamestop-gme-halt-moon-short-squeeze-volatility) on a volatile morning. Stay tuned for more GameStop and GME news as information becomes available. This is hardly the first time GME stock trading has been halted, even in 2022. So much so that GameStop stock trading saw not one, but two halts on the day for volatility as it jumped above $30 USD in share price before slipping in value again. PT / 9:35 a.m.

Post cover
Image courtesy of "InvestorsObserver"

Should You Sell GameStop Corp. (GME) Stock Monday Morning? (InvestorsObserver)

GameStop Corp. (GME) has gained Monday morning, with the stock increasing 3.27% in pre-market trading to 29.09. GME's short-term technical score of 61 ...

-We do not have a set dividend date for GameStop Corp. Important Dates for Investors in GME:-GameStop Corp. The company has an average price target of $16.00. GME has an average analyst recommendation of Strong Sell. GME's short-term technical score of 61 indicates that the stock has traded more bullishly over the last month than 61% of stocks on the market. GameStop Corp.

Post cover
Image courtesy of "FXStreet"

GameStop Stock News and Forecast: GME rockets nearly 17% to ... (FXStreet)

GameStop (GME), the embattled videogame retailer and original meme stock, has surged 16.7% in the first ten minutes of trading on Monday as shares mad.

The author makes no representations as to the accuracy, completeness, or suitability of this information. The author will not be held responsible for information that is found at the end of links posted on this page. The AUD/USD pair trades a handful of pips below the 0.6400 level, weighed by tepid data and the poor performance of equities. XAUUSD aims to extend its slump towards the year low at $1,614.81 a troy ounce. US Federal Reserve to announce the monetary policy decision on Wednesday. The author has not received compensation for writing this article, other than from FXStreet. It also does not guarantee that this information is of a timely nature. GameStop (GME), the embattled videogame retailer and original meme stock, has surged 16.7% in the first ten minutes of trading on Monday as shares made it up to $32.88. The clearly positive sign on the weekly chart below is that GME's share price briefly shot up above the 30-week moving average. This price action is significant because of what meme stock enthusiasts know about the $30 level. Of course, now it needs to close above that level on the chart with the moving average currently at $31.10. AMC Entertainment (AMC) also shot up more than 10% after the opening bell in tandem with GME.

Post cover
Image courtesy of "Investorplace.com"

GameStop (GME) Stock Rallies on Renewed Short-Squeeze Hopes (Investorplace.com)

GME stock is up as investors await a potential short squeeze. Short interest as a percentage of float currently sits at 21.09%.

[short interest](https://www.barrons.com/market-data/stocks/gme) as a percentage of float of 21.09%. That’s equivalent to [53.88 million shares](https://www.marketbeat.com/stocks/NYSE/GME/short-interest/) shorted with a dollar volume of $1.33 billion, significant enough to drive a short squeeze. [71.3 million shares](https://investorplace.com/2022/10/gme-stock-short-sellers-are-sleepwalking-into-another-squeeze/) have been registered to GameStop’s transfer agent, up from 50.8 million shares during the previous quarter. [GME](https://investorplace.com/stock-quotes/gme-stock-quote/)) stock is jumping higher by more than 7% today as speculation of a short squeeze continues to mount. The financial website later stated that the reading was [shown in error](https://www.shacknews.com/article/132885/ortex-statement-gme-short-interest) and that other stocks experienced similar issues. Last week, GME stock investors were taken for a spin after ORTEX reported a [significant jump](https://investorplace.com/2022/10/gamestop-gme-stock-pops-amid-ortex-short-squeeze-frenzy/) in short interest.

Post cover
Image courtesy of "Benzinga"

What's Going On With GameStop Stock? - GameStop (NYSE:GME) (Benzinga)

GameStop Corp. (NYSE: GME) shares are trading higher by 9.70% to $30.87 Monday morning amid strength in 'meme stocks' and despite a lack of company-specific ...

The stock already has a session volume exceeding 11.30 million, nearly tripling the average volume of 4.64 million. GameStop shares may also be experiencing a short squeeze Monday morning. The stock was halted on volatility early Monday and has since resumed trading.

Post cover
Image courtesy of "Bloomberg"

Getty Images Surges as Meme and De-SPAC Stock Frenzy Returns (Bloomberg)

Retail traders returned in force on Monday, creating a volatile session for de-SPAC firms like Getty Images Holdings Inc.. as well as meme stock favorites ...

[Getty Images Holdings Inc.](/quote/GETY:US). Shares of Getty Images, which went public earlier this year after merging with a blank-check firm, climbed 35% -- their biggest one-day jump since July. as well as meme stock favorites including [GameStop Corp.](/quote/GME:US)

Post cover
Image courtesy of "TheStreet"

GameStop, AMC: Meme Stock Frenzy Is Back (TheStreet)

The meme stocks are back again, but the frenzy could be short-lived. Retail investors are obsessed with meme stocks yet again as trading for shares of Bed ...

Another trader was less impressed with the price of the stock and said, "what a joke. In general, the problem surrounding the meme stocks remains the same: how to reinvent their economic business so as not to disappear. The Nasdaq reached 11,035.02 points on Monday, but was at 14,823.43 points on Oct. They were trading at $6.65 at mid-day on Monday, an increase of 4.44% compared to the past five days. The stock is still trading much lower -a decline of 66% when it was trading at $13.99 on Oct. The stock has taken a large hit and plummeted by 83.6% from its closing price of $40.74 on Oct. The The stock has tried to climb back to its closing price of $45.82 on Oct. We've seen quite a huge increase since October 21st in terms of volume for some reason." [AMZN](https://www.thestreet.com/quote/AMZN) led a disastrous earnings season for the mega cap companies. Retail investors on Reddit’s Wallstreetbets page discussed the volatility in stocks such as GME with one trader commenting, "Shit like today is why I got numb to GME volatility. Bed Bath & Beyond shares are trading now at $4.67, which has risen by 7.81% during the past five days.

Post cover
Image courtesy of "Motley Fool"

Why GameStop and AMC Are Rising Today (Motley Fool)

Shares of GameStop (GME 1.30%) and AMC Entertainment (AMC 1.58%) were rising 5% and 2.8%, respectively, while the movie theater operator's preferred shares AMC ...

GameStop and AMC are the two meme stocks most associated with the phenomenon. Volatility is inherent in meme stocks, which typically trade more on social media mentions than on business fundamentals. In contrast, the S&P 500 was down 1%.

Explore the last week