I was looking at it last night, it was up 7% but I think what we might be seeing is a bit of a hijacking of the original idea/scheme. It's poured into the crypto sphere too.... imo we may see some smaller fluctuations but in reality the underlying fundamentals & energy just aren't or won't be the same.
I was looking at the overall market yesterday on Finviz and every single sector is down... some speculation for the cause being that Hedge Funds (the ones short on GME) are liquidating longs in other areas to cover liabilities for GME short positions. Its still at 121%... any thoughts or info on that possibly being true? If so, we could see thise squeeze go further this week, especially if the momentum of not to sell back shares holds.
Reddit members calling the silver price an attempt to get the attention away from GME and liquidity back in the market, and all calling for the hold in GME stock. Interested in the opening price!
Some of these novice traders on Reddit have made huge amounts. I think one of the the main guys who recently had a regular job is in front by 30 million odd. Fair play to them. The transfer of wealth from people who have lots to those who don't have much can only be a good thing. Bring on the next short squeeze!