Still, Monday's sell-off doesn't make a huge dent in the meme stocks' meteoric rallies this year. AMC shares are still up more than 970% on the year, and GameStop has a rally over 630% in 2021 under its belt.
The rally has pushed GameStop to the Russell 1000 Index of large-cap stocks from the small-cap Russell 2000.Earlier this year, a band of retail traders coordinated trades on social media and managed to create huge squeezes in a slew of heavily shorted stocks. The short interest in these names have come down drastically after the jaw-dropping episode.
buying every dip. not leaving
Nah. There’s a huge amount of in the money puts creating this price on $GME. It’s essentially gaslighting. Kinda like what you guys do come to think of it. Also, $GME was never a meme stock.
Can this headline be true with a 90% buy ratio?