‘You’ve won’ — Cramer tells investors to take home run and sell GameStop CNBC’s Jim Cramer on Friday complimented the retail traders who helped spark the massive run up in GameStop shares, but advised they take their profits now. 02:23 This content was originally published here.
Stocks quotes in this article: GME, CHWY, HLF The battle lines being drawnNobody’s right if everybody’s wrongYoung people speaking their minds, getting so much resistance from behindThose are the lyrics of a song, “For What It’s Worth” by Buffalo Springfield, a 55-year-old classic, an anti-Vietnam war songOddly it might be an anthem for the younger […]
Stocks quotes in this article: GME, AMC, BB, PLUG Memo to all CEOs of stocks that are heavily shortedContact your investment banker NOW and be ready to sell billions of dollars of stock right nowDon’t be like GameStop (GME) which could basically become the richest retailer per sales on earthThat’s now a scandal in its […]
Jim Cramer appears to be flabbergasted by GameStop’s epic run — making this observation early Monday: “ ‘I’ve never seen the guns like this. They can break shorts.’ ” Trading by individual investors has led to massive rises in the Texas-based videogame retailer’s stock, which has quadrupled in 2021. The former hedge-fund notable, commenting Monday […]
Jon Stewart, looking at his new Twitter feed. Photo: CBS via Getty Images Well, would you look at that? All it took was a few Redditors intentionally driving up the price GameStop stock, causing a few billions of dollars of losses for hedge funds who bet big money on that stock losing value, leading to […]