As you can see from the chart below, Game. Stop is up 1700% so far in 2021 and up over 13,000% off the 52-week low of $2.57 a share. I first came across Game. Stop as an investment in 2019 when Dr. Michael Burry from The Big Short disclosed a position and I posted the idea on Trading View, which you can read here.
Here are five names that could be the next Game, and stop . Sure, Reddit is not the sole reason for the rise in Game, and stop. Shares have been on the move for several months as a potential turnaround story starts to play out. Essentially, many investors had accepted that the brick-and-mortar video game retailer was doomed.
The next thing we wondered was what stock will be the next gamestop?
Meade shared that like AMC, KOSS stock was looking like it could be the next Game, and stop. That suggestion sent shares up 80% yesterday and another 50% this morning., as investor Place contributor Robert Lakin wrote this morning, KOSS stock has been cheap, only occasionally gaining.
However, KOSS stock is not exactly a ticker that regularly captivates investor attention. That is, until yesterday. Meade shared that like AMC, KOSS stock was looking like it could be the next Game , and stop. That suggestion sent shares up 80% yesterday and another 50% this morning.
Is GameStop being shorted?
The story reads like a thriller novel. One of these would-be traders noticed that shares of Game. Stop were heavily shorted .
, game Stop stock is still being heavily shorted., with game Stop becoming a technology company, its value has not only significantly gone up but it now has even more potential to keep driving its momentum.
This of course begs the inquiry “What’s happening with GameStop’s stock?”
This is called a “short squeeze,” and the buying from it, called “short covering,” also helps push the share price higher. When you see a stock with a lot of short positions and a rising price, then the coming short squeeze can be a big catalyst to shoot the stock price higher. And that’s exactly what happened with Game, and stop .
Will GameStop Corp stock rise or fall in the next 52 weeks?
Over the next 52 weeks , Game. Stop Corp has on average historically risen by 23.3% based on the past 18 years of stock performance.
7 analysts have issued 12 month price targets for Game, and stop’s shares. Their forecasts range from $3.50 to $30.00. On average, they anticipate Game. Stop’s stock price to reach $13.36 in the next year. This suggests that the stock has a possible downside of 92.1%.
What is the ticker symbol for GameStop?
, game Stop’s stock is owned by a number of institutional and retail investors.
One of these would-be traders noticed that shares of Game. Stop were heavily shorted.
Is Gamestop Corporation-class a (GME) a good investment?
Gamestop Corporation – Class A quote is equal to 155.640 USD at 2021-12-18. Based on our forecasts, a long-term increase is expected, the “GME” stock price prognosis for 2026-12-11 is 430.970 USD .