Gamestop Corporation (GME)

[dude iligence]

Truly amazing price action. My only concern is they may halt this for an extended period. I don't own gme but if I did I would at least take some profit to cover cost and then some. I could see the company issuing a bunch of new shares taking advantage if the high stock price and relieving those holding shorts. Does anyone here remember CMKX had trillions of naked shorted shares that guys kept buying thinking the shorts would be forced to cover.. instead it got halted and months later shareholders were issued replacement stock,far less shares at higher price. Only problem no market for the stock,, whos gonna buy it.. little guy lost 100% institutions simply walked away. It would not suprise me to see similar relief. I explained the cmkx trade and how to make money on it couple yrs before it was a 24 bagger if you stuck to that. Guys that got greedy and didnt sell lost everything, don't get greedy in this trade. There always another bus to come along. There's another very low float stock 1.83 mil of which 27% of shares owned by institutions and insiders that has been rising lately that has a sizable short from day to day trading upward of 30%. On days short position is 30% tradable float 8s about 900k. Compare that to gme 50mil float. UUU is the stock it maybe next runner.