“GameStop Stock Fell So Much It Had to be Halted. That Didn’t Stop the Selloff.”
March 16, 2021
“GameStop stock dropped suddenly Monday morning, prompting a brief halt due to volatility. The stock fell wider than 15% to as low as $223.00, bounced back, and then fell even lower. Shares of videogame retailer GameStop (ticker: GME) this month have surged back near their late January levels this month. At the close, GameStop stock was down 17% to $220.13…”
Let me tell you all something you might not realize about this stock. Gamestop is acting a lot like a penny stock. The same people who avoid penny stocks should be avoiding this. If you’re into penny stocks or day trades this stock might satisfy you’re needs.
For all you long term investors I see absolutely no future in gamestop. If you’re a long term investor don’t throw your money into a blackhole.