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Don't Sleep On GameStop
GME Squeeze #2
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Video Topics:
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, gme stock explained, gme stock short squeeze, gme stock news, tesla, tesla stock prediction, tesla stock analysis, tesla stock today, matt kohrs, matt kors, stocks, stock market, investing, trey trades

What's going on moon game can't stop won't stop gamestop gme had an absolutely amazing day. It gained 16.34 and closed out the day just below 210 dollars. This will be a really quick update on what i'll personally be looking for in gme, not only for tomorrow, but for the remainder of the week. So, let's hop right into it in terms of the numbers we start off the day of short inches of 20.66 percent shares on loan 14.76 million utilization 66.06 percent.

Today, the net change in the borrowed shares uh pretty much net zero. So the current short interest about twenty point: five, four percent, based on the daily average volume over the two weeks. It's going to take the shorts about 2.87 days to fully cover if they all covered absolutely at once. This is referred to as the days to cover really quick point here in terms of the short volume i've talked about this i just want to clarify.

There is a difference between short volume and short interest. Short interest is basically the amount of shares short against a stock, while short volume is the short volume for that trading day. Personally, i don't really like to use this metric short volume. It's referred to as dirty data, because, yes, this number 1.1 million would include legitimate shorts, but it also includes market makers and high frequency traders just providing liquidity to the market, and it's very tough to know what percentage of this number is legitimate.

Shorts versus people just providing liquidity to the market. So with that being said, i do think it is worthwhile to pay attention to the trend. For example, i'm always assuming that is roughly the same proportion of that number that unknown proportion, but you could always check out the numbers so, for example, 22 to 24 to 23 to 22 to 21. I like to see which way it's trending, because overall it tells me if, like the legitimate shorts, are getting larger and larger or smaller and smaller.

That's my that's how i would use it. I use the short volume ratio, not short volume itself. Short volume ratio. It's okay, but really the metric you want is short interest shares on loan utilization, those ones that we just covered on ortex in terms of gme's technicals, for quite a while.

Now i've been making my videos of amc and gme together talking about how i want this breakout of 188 and when it comes look for it to explode and obviously with technical analysis, you're not going to get everything perfect. But i feel very fortunate to have called this one right. I mean look, it cup handle it wasn't the biggest brainiac play like it was just i saw it was rejected here multiple times, so i was thinking hey if we can get above it. Maybe it'll run right now.

Awesome we hit 209. Today, i'm looking to see how it reacts to this white trend line from there i would say the next resistance is 231.. Overall, i know gme, it's been a bit more quiet. I mean late january early february.

Is the thing that everyone was talking about it since then? It's been quietly grinding up ever since may 11th and i think the rocket boosters on this thing could reignite um. You never know as it keeps going up. I bet there's going to be more news. Article new fomo buyers, just because remember right here, the short interest is definitely of a great enough magnitude to really see this thing get moving once again.

So it's one of those things. It's definitely worthwhile to at least put it on your watch list, because if we get this wedge breakout and especially a breakout above 230, which is just some support resistance, just a basic price level, i think this thing could continue its trip upwards. So, for me, i'm definitely going to be paying attention to it. I would love to get your thoughts on gme in a comment below, and you know all that good youtube stuff like comment subscribe just helps me out the algorithm, but until i catch you next time from me and chair best of luck in the markets,.

23 thoughts on “Don’t sleep on gamestop gme squeeze #2”
  1. Avataaar/Circle Created with python_avatars HR Surana says:

    Damn! If it hits 1000 then I will have enough money to buy a rolls Royce…

  2. Avataaar/Circle Created with python_avatars Jon says:

    I agree don't sleep on gme but please spread the word on your live streams that gme and AMC can squeeze to life changing prices. Sometimes I'm not sure if you're even a believer in the MOASS cause if you are I feel like you should probably talk about it potentially hitting prices in the 6 to 7 figures. More people that know the more likely it'll happen

  3. Avataaar/Circle Created with python_avatars Elgordau says:

    Can anyone provide an european broker app where i can use call options pls?

  4. Avataaar/Circle Created with python_avatars Jonathan Robert says:

    Luxury or no luxury always be proud of your brand and try working to improve. I love luxurious lifestyles. All thanks to crypto I just got my first Lamborghini 💝. My advice to y'all invest in cryptocurrency or gold.

  5. Avataaar/Circle Created with python_avatars gregg mettler says:

    44 milliom doesn't count recalls, naked shorts, margin calls and APE fortitude!

  6. Avataaar/Circle Created with python_avatars ricardo cisneros says:

    B rilley announces 16 dollar AMC price to scare off fomo buyers. On webull.

  7. Avataaar/Circle Created with python_avatars Jan Jet says:

    Nobody is sleeping on gme. It’s going to be way bigger than amc. The apes floor for amc is 100k, for gme it is 10 mio. I’m in both but I don’t understand why amc is hyped more than gme atm.

  8. Avataaar/Circle Created with python_avatars krste3000 says:

    Todays GME runnup was the T+21 and T+35 FTD cycle. There's lots of DD on this on Reddit om superstonk

  9. Avataaar/Circle Created with python_avatars YSFmemories says:

    can't stop won't stop 100 million floor!

    But seriously, thank you for bringing in so much sense. It's been so scary watching all of the delusional cultists on superstonk and r/gme talk about becoming the new billionaires when they hold a single share. And attack you and accuse you of being a shill for suggesting that it might not happen.

    Makes me feel like an idiot for even considering GME. But rational people like you have restored my faith in a possible short squeeze coming still.

  10. Avataaar/Circle Created with python_avatars Irish Cowboy says:

    No one is sleeping on game stop. Maybe the people not watching you or anyone else. Gamestop is what started everything. Without gamestop none of this would be happening for amc. I get you're really talking to your amc audience but every time I hear you say "don't sleep on gamestop" it's just weird because no one has been paying less attention to gme because amc has finally gotten passed $15. Let's see it get passed $20 then I will be so excited. I own both.

  11. Avataaar/Circle Created with python_avatars Dracollin says:

    Not an all time high but a great clime. Seen this before many times of course. Last time we climbed to 218 and dropped to 133 then climbed to 188 and back down to 140ish so while of course I'm super bullish on GME we have to be careful and be prepared for the Hedgies to initiate another short attack driving the stock back down. They're not prepared to pay for their shorts, especially after taking almost a $1 billion loss today because of the AMC and GME spike so be prepared for them to let this fake squeeze continue hoping paper hands sell off so they can initiate that short interest attack again after a lot of retail investors sell off. HODL to the moon apes. Don't fall for the fake squeeze.

  12. Avataaar/Circle Created with python_avatars william Dolan says:

    I’ve been holding since early March and have a way bigger position it going to hit at least 10k

  13. Avataaar/Circle Created with python_avatars Penny Daily says:

    Used your gemini code so I hope you got a little sum sum for the referral! Thanks

  14. Avataaar/Circle Created with python_avatars Sam Farin says:

    Hey Matt, I bought gamestop stock when it was $375 … what shall I do? Do you want me to wait till I make a profit?

  15. Avataaar/Circle Created with python_avatars mprayii says:

    Is S&P data legit with GME? Or is it like AMC? Im a dummy, just wondering if you/anyone compared the potential discrepancy between these family stocks.

  16. Avataaar/Circle Created with python_avatars rainbow inthedark says:

    im holding gme and amc for months and i hope for a better future for me and my family. and i will hold until i loose everything or until i solve the problems of everyone i care about. never before invested in stocks in my life this is the first time. i saw a chance,and took it. and i realize every day that there is only one way. to hold.

  17. Avataaar/Circle Created with python_avatars Mathias Clinton says:

    Despite the crypto currencies over deflation of price it's still a good time to invest in gold and crypto

  18. Avataaar/Circle Created with python_avatars Justin Stanton says:

    I will wear a speedo year round if this does what it's projected to do.

  19. Avataaar/Circle Created with python_avatars T K says:

    Psuedo squeeze before fake sell off. They will use media to lie to people saying people sold and the squeeze is over. Don't believe it. We hold until we see phone numbers as our price. GME10MIL AMC500K Stay ahead of the game.

  20. Avataaar/Circle Created with python_avatars Nick W says:

    I’m in both. But let’s not forget this entire thing happened because of gme. It’s a heavier investment but it’s going to be a bigger moass. Buy and hold both like a true ape. Nobody is sleeping on gme. Amcs hotdog price is just more appealing for the new investors.

  21. Avataaar/Circle Created with python_avatars Walter Vanderhorst says:

    2,844 AMC… planning to work by summer time (God willing)….lets goooooooooooo

  22. Avataaar/Circle Created with python_avatars MarkyMark says:

    I'm weighted about 55% GME 45% AMC. I think AMC has more hype RIGHT NOW, and appeals to a broader crowd. I also think HFs will probably pump it to dilute the GME concentration, but I think GME is the one true KING. Either way, glad I'm in both. Now I can't FOMO if one runs harder than the other.

  23. Avataaar/Circle Created with python_avatars Brotastik Wolf says:

    No one is sleeping on GME, today i sold my 2 other stock at 56% loss to buy more GME and now my portfolio is 100% GME

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