Hey Trader,
In the latest chapter of the GameStop saga, the once beleaguered stock made an insane rally on Wednesday.
Trading at $155 as of this writing, this stock appears to be on a rocketship to the moon.
This price surge actually started on Tuesday with the announcement of the exit of GameStop CFO Jim Bell.
Company leaders are saying that the parting of ways was mutual, but the market reacted regardless.
In what's becoming a very concerning norm, the big guys continued to manipulate the market by halting trading several times during yesterday's session.
Must be nice to be able to pause the game when your team is losing, huh?
And lose they did. Current reports are estimating that short sellers have lost $818 million as of Wednesday.
As investors continue to pile in, the stock is only climbing higher.
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It's anybody's guess where this thing is going next, but I'm going to keep an eye on it as I dig into more details.
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103% gains are nice, but my members hit those kinds of numbers on a slow day.
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I actually just issued a buy alert on a stock that could get them a return in the 800% - 1,000% range.
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Until next time,
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