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Deja Screw

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

I seriously cannot believe these GameStop fanboys.

So last month they were all doing chest bumps as they drove the stock to $513, only to see it collapse to $40 and linger there. Then, on Wednesday, GME went bananas again. I didn’t know if I could stomach looking at /wsb, but I peeked, and sure enough, they were all ecstatic and predicting GME’s ascent this time would be $1,000. The reason? Big. Round. Number.

Indeed, just last night, there was this item:

I guess you can guess how this all played out.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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