GME crumbles to $153 after exchanges kneecap meme stocks


content provided with permission by FXStreetRead full post at forexlive.com

The squeeze might be over

The squeeze might be over

It’s a rush to the exits in shares of GameStop in what could be the end of a legendary market episode.

I hate to see something like this end because of brokerages and regulators, rather than the natural moves in markets.

As I often say though: There’s always another trade.

The community at WallStreetBets has doubled this week alone and they’ll move onto something else.

Update: In the time it took me to write this, shares are down to $126.

For bank trade ideas, check out eFX Plus