$GME thesis for current trading behavior... Institutions have 90-95% of shares, others are "strategic" owners such as directors and retailers and the rest are free float. Free float is over 100% short float so it means borrow to short is in play (so income can be earned by lenders). No major catalyst nor news is creating this tight trading range for the past half a year. Everyone's either waiting for the next earnings or a confirmation from ps5 backwards compatibility to go down further or rise above 6.50, respectively.
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