GameStop (GME) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss last week’s 50% upward move of the gaming retailer stock. Jenny talks about GME Chairman Ryan Cohen’s purchase of 100,00 shares of GameStop stock Tuesday night and the subsequent bump that news gave the stock which was already trending up. Jenny and Alex discuss GameStop’s meteoric meme rise last year from $20 to $500 a share and the potential of that happening again. Finally, Alex and Jenny demonstrate an example trade using GameStop (GME).
28 Mar 2022