{"id":4960,"date":"2021-01-22T20:00:47","date_gmt":"2021-01-22T20:00:47","guid":{"rendered":"https:\/\/www.futuresandoptions.gr\/en\/?p=4960"},"modified":"2021-01-26T14:58:47","modified_gmt":"2021-01-26T14:58:47","slug":"gamestop-gme-crushes-short-sellers-and-andrew-left","status":"publish","type":"post","link":"https:\/\/www.futuresandoptions.gr\/en\/gamestop-gme-crushes-short-sellers-and-andrew-left\/","title":{"rendered":"GameStop (GME) Crushes Short Sellers and Andrew Left"},"content":{"rendered":"\n<p>GameStop (GME) adds over 43% in premarket trading at $93.20 hitting fresh all-time highs as the battle between shorts and longs intensifies.  <\/p>\n\n\n\n<p>On Friday GameStop (GME) closed 51.08% higher at $65.01 having hit earlier on the session fresh all-time highs at $76.76 as the fight between longs and shorts intensifies. <\/p>\n\n\n\n<p>Short-seller Citron Research threatened yesterday to post a live video explaining the &#8220;five reasons GameStop stock owners are the suckers at this poker game&#8221; and why GME stock would go back to $20 area very soon.  &nbsp;<\/p>\n\n\n\n<p>Citron managing partner, <a href=\"https:\/\/www.youtube.com\/watch?v=mEi2axM4hwI&amp;feature=youtu.beu.be\">Andrew Left<\/a> posted a  video&nbsp;presenting the five reasons he expected GME stocks to crash to $20. Andrew Left said that he had planned to live-stream himself explaining his view on GME but that attempts to hack into his <a href=\"https:\/\/www.futuresandoptions.gr\/en\/swot-analysis-for-twitter-twtr\/\">Twitter<\/a> forced him to record the video. <\/p>\n\n\n\n<p>Citron Research in a tweet noted &#8220;Too many people hacking Citron twitter, will record and post later today. $GME going to $20 buy at your own risk!&#8221;<\/p>\n\n\n\n<p>Citron believes that &#8220;This is a failing mall-based retailer. So the number of people who are so passionate about putting GameStop higher not based on any fundamentals &#8211; it just shows the natural state of the market right now.&#8221;<\/p>\n\n\n\n<p>Retail traders have a different opinion today and the market reacted with strong orders early Friday and GameStop stock exploded today to new all-time highs above $76. Many believe that the strong buying interest pressured some sellers to close the short positions leading to a sharp short squeeze. <\/p>\n\n\n\n<p>As of writing, GameStop is trading below the $60 mark as the fight between the bears and bulls continue.    <\/p>\n\n\n\n<p>Meanwhile today Telsey advisory group raised GameStop (GME) price target from $33 to $22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GameStop (GME) jumps 36.65% at $58.63 having hit earlier on the session as high as $76.76 as the fight between longs and shorts intensifies. <\/p>\n","protected":false},"author":2,"featured_media":4961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[758,14,111,22],"tags":[1388,1387,1385,1386],"class_list":["post-4960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","category-financial-news","category-stocks-2","category-wall-street","tag-andrew-left","tag-citron","tag-gamestop","tag-gme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GameStop (GME) Crushes Short Sellers and Andrew Left -<\/title>\n<meta name=\"description\" content=\"GameStop (GME) jumps 36.65% at $58.63 having hit earlier on the session as high as $76.76 as the fight between longs and shorts intensifies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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