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Tuesday, 08/17/2021 3:15:20 PM

Tuesday, August 17, 2021 3:15:20 PM

Post# of 19958
GME: Here's why GameStop is outperforming the market today:

1. GME's record turnaround, $2.2B in cash-on-hand, star amazon leadership, and transition to e-commerce, streaming, and esports
2. GME being the first major corporation to incorporate an NFT Crypto Asset
3. GME being among the favorites by retail investors
4. Increased margin capital requirements from NSCC due to geopolitical uncertainty and volatility
5. GME price increase leading to more volume, and more volume leading to GME price increase, due to natural demand for the stock
6. Hedge funds beginning to buy to cover egregious short positions, leading to the continuation of the most historic gamma squeeze of all time
7. Support levels showing a consistent stairstep climb
8. Technicals revealing a price breakout coming, shown on all indicators

#GME
$GME

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