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“GameStop Shares Drop, Extending 80% Slump From Last Week”

“The stock fell as much 4.7% to $60.77 at 10:40 a.m. in New York trading, after whipsawing between gains and losses earlier. It slumped 80% last week, a drop that followed three weeks of dizzying gains.

Robinhood Markets Inc.’s move late last week to end buying limits on Gamestop has had limited impact on the stock, which has lost most of its gains since touching an intraday high at $483 on Jan. 27. Inflated levels of short interest that triggered a squeeze on the shares have declined after a number of hedge funds closed positions and incurred huge losses…”

https://finance.yahoo.com/news/gamestop-rebounds-worst-week-wild-104349704.html

That ship has sailed. The party is over. Time to move on to the next thing. By the way I don’t see Gamestop as a good long term investment. There’s no reason I can see to hold the stock at the moment.

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