Replies to post #9792 on Gamestop Corporation (GME)

[towsend]

Those put’s will put you right into bankruptcy.

[Prudent Capitalist]

Agree on GME being way overvalued here, but the prospect of "letting this run" and then buying puts is in doubt, IMO. This is the 3d trading day in a row that GME could not break through the clear strong resistance on the chart at $193 and sustain above that level. Time will tell, but the fact that GME cannot take and keep $193 appears to be solidifying and will likely lead to moves lower from here.