Why are GameStop shares on the rise again?

The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
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Пікірлер: 155

  • @Jamesjerome0
    @Jamesjerome022 күн бұрын

    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

  • @Vivienedouglass

    @Vivienedouglass

    22 күн бұрын

    Many people underestimate the importance of advisors until they experience the consequences of their own emotional decisions. I recall a few summers ago, following a lengthy divorce, I found myself in need of a substantial boost to sustain my business. In my search for licensed advisors, I found someone highly qualified who significantly contributed to growing my reserves despite inflation, increasing from $275,000 to $850,000.

  • @GaryNicka

    @GaryNicka

    21 күн бұрын

    Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert.

  • @Kaustavpatell

    @Kaustavpatell

    21 күн бұрын

    Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

  • @rachelonigirl

    @rachelonigirl

    21 күн бұрын

    How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

  • @Kaustavpatell

    @Kaustavpatell

    21 күн бұрын

    Actually its a Lady. Yes my go to person is a 'Michele Katherine Singh'. So easy and compassionate Lady. You should take a look at her work.

  • @ActiveRehabMobility
    @ActiveRehabMobility25 күн бұрын

    Yup retail traded 180 million shares today because roaring kitty made a post. Keep up the great and honest Coverage 👍🏻

  • @mkef1513

    @mkef1513

    25 күн бұрын

    It cant be anymore clear as day that Martin has a short position and is getting burned right now. Obviously he's one of those who hasn't learned his lesson. 🤣

  • @tariqs2072

    @tariqs2072

    25 күн бұрын

    Is Martin the same guy as Last time?

  • @Zanlan.

    @Zanlan.

    25 күн бұрын

    This.

  • @pass_the_flask

    @pass_the_flask

    25 күн бұрын

    @@mkef1513 He's from The Street, that was Jim Cramer's company .. lol

  • @PurplleBoo

    @PurplleBoo

    24 күн бұрын

    everyone needs to invest in time its our fight against hedgfonds manager and other corrupt people

  • @ggadotkelly
    @ggadotkelly25 күн бұрын

    This complete interview is the perfect example of the bad actors throwing the stone and hiding the hand... Gamestop stock has a huge amount of shares held by retail who have been holding for 3 years. In fact a very large percentage of the retail holders have directly registered their shares with Computershare. The buying volume today wasn't all or hugely influenced by Roaring Kitty it was over-leveraged hedgefunds blowing up. In this "interview "... no mention of abusive naked shorting, rehypothication, illiquidity of the market. Why can't this "expert" tell the truth? The hedgefunds messed around with retail with all of their loopholes hoping for companies like Gamestop, AMC, KOSS to go bankrupt but they survived and now they are forced to buy back all of those counterfeit shares before the SEC's CAT system goes live exposing their corruption and exposing them to prison time.

  • @AntagonisticAsian
    @AntagonisticAsian20 күн бұрын

    As much as i want to invest in GME, I think it has some short term pain ahead. Currently sitting on about 250k, do you still think GME is a good buy right now or I have I missed out on a crucial buy period?

  • @sommersalt88

    @sommersalt88

    20 күн бұрын

    Don't be in a hurry to get in. The market needs several days of strong performance to signal that the downturn might be over; i still think It's a time to be largely, if not entirely, in cash

  • @Curbalnk

    @Curbalnk

    20 күн бұрын

    The economy and stocks are two different things these days, but i agree, I think it's brilliant to have a portfolio advisor for investing! The market's instability makes DIY risky. You don't need to find the next NVDA to succeed in investing. I've turned 480k into $32,000 in quarterly dividends using one, a major milestone.

  • @greekbarrios

    @greekbarrios

    20 күн бұрын

    …maybe you should be more Blue Chip…, just say’n

  • @blaquopaque

    @blaquopaque

    20 күн бұрын

    @curbalnk I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance

  • @Curbalnk

    @Curbalnk

    20 күн бұрын

    I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "JENNIFER LEIGH HICKMAN" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.

  • @Gustavo-kt3qc
    @Gustavo-kt3qc25 күн бұрын

    Oh so if civilians try to make a buck there’s rules created and it’s illegal but insider trading and market manipulation it’s ok right… right

  • @starvingbymidnight
    @starvingbymidnight25 күн бұрын

    Buying more $GME

  • @jamessimon2002

    @jamessimon2002

    25 күн бұрын

    Direct register it.

  • @SSGoatanks

    @SSGoatanks

    20 күн бұрын

    Wall Street thinks this is over 💀💀💀? 💍🙌🚀🎑

  • @maxpain3790
    @maxpain379025 күн бұрын

    Lol. Hedge funds lost almost a billion dollars because of a tweet

  • @mattdamon-hu9pk

    @mattdamon-hu9pk

    25 күн бұрын

    Roaring kitty didnt cause this

  • @Zanlan.

    @Zanlan.

    25 күн бұрын

    As if a tweet causes 180 million shares to be traded KEKW

  • @ucnikita2007

    @ucnikita2007

    12 күн бұрын

    Yes, just one problem, they lost it before the tweet. Tweet came after a surge…

  • @iProHydro
    @iProHydro24 күн бұрын

    “A rocket emoji is considered market manipulation” 😂😂😂

  • @mammothdumpllc

    @mammothdumpllc

    24 күн бұрын

    🚀 🚀 🚀

  • @DBRising
    @DBRising25 күн бұрын

    Diamond Hands 2.0

  • @justmee9441

    @justmee9441

    25 күн бұрын

    HODL at all costs! 😂

  • @PurplleBoo

    @PurplleBoo

    24 күн бұрын

    everyone needs to invest in time its our fight against hedgfonds manager and other corrupt people

  • @zoiddbzyugi

    @zoiddbzyugi

    24 күн бұрын

    It's not 2.0, it's still the same situation, we aren't selling. I have only kept buying more over the last 3 years

  • @First_Stop_the_Bleed
    @First_Stop_the_Bleed25 күн бұрын

    Protect the Market is code for Protect the Rich and Powerful.

  • @DipShitz101
    @DipShitz10125 күн бұрын

    So.... We are not going to talk about Nancy Pelosi? Lets just push that back under the rug.

  • @hbomb65

    @hbomb65

    25 күн бұрын

    seriously, right?

  • @Sunset4Semaphores

    @Sunset4Semaphores

    24 күн бұрын

    He got a presidential freedom metal too.

  • @cryptonatorsairdrophunt3889

    @cryptonatorsairdrophunt3889

    24 күн бұрын

    because thats off topic!

  • @onelovemon1784
    @onelovemon178425 күн бұрын

    GME is all on. Institutions, funds, retail..... Everyone.

  • @Saffrone221
    @Saffrone22125 күн бұрын

    People buy gamestop 🚀🚀🚀

  • @gigitoronto29

    @gigitoronto29

    22 күн бұрын

    Right now is FFIE a short squeeze is coming. Buy and hold. To the moon!

  • @ask_why000
    @ask_why00025 күн бұрын

    This corporate MSM talking head nonsense, just makes me want to buy more #GME stock.

  • @richardpauly1635
    @richardpauly163525 күн бұрын

    Switch2 is coming out and it will sell out fast

  • @money0436
    @money043619 күн бұрын

    I have bought 25000 shares of GME last Fri. Lets go! I think we will see +500% very soon.

  • @mattgullick1175
    @mattgullick117525 күн бұрын

    This trade has been setting up for a while now. It literally had nothing to do with his post.

  • @mikegvideo
    @mikegvideo25 күн бұрын

    These guys presenting this have no idea

  • @hebergarcia8873

    @hebergarcia8873

    25 күн бұрын

    They get paid to act ignorant

  • @JoshPitts530
    @JoshPitts53024 күн бұрын

    Ken Griffin cheated and belongs in jail.

  • @mtaylor5908
    @mtaylor590825 күн бұрын

    also pathetic is this commentator whining about "protecting" retail by stopping this rise. Nope, just leave us alone to buy and sell as we please.

  • @michaelfontenot990
    @michaelfontenot99024 күн бұрын

    2021 is going to be nothing compared to what's coming....

  • @ctwwtc8761

    @ctwwtc8761

    24 күн бұрын

    🤞

  • @BenP-ue5zn
    @BenP-ue5zn24 күн бұрын

    Imagine being CBS adding liability to protect Ken Griffen by blaming an individual person who made a tweet. Prison for financial crimes and those who abet them.

  • @ctwwtc8761
    @ctwwtc876124 күн бұрын

    This video is s great example why people hate the media and agree with a certain presidential candidate about them

  • @keanumcgill
    @keanumcgill25 күн бұрын

    Retail buying. No, is as retail have been buying for the last 3 years. We have been buying and holding, this isn’t retail who bought 180 million worth today. This is what we don’t watch the news folks. This is shorts starting to slowly cover, institutional buying, gamma and a whole lot more, but you guys won’t mention this

  • @AndorranStairway

    @AndorranStairway

    24 күн бұрын

    Wrong. Volatility always attracts gamblers people looking to make a quick buck. It’s literally the same thing as 2021

  • @brinaldi81
    @brinaldi8125 күн бұрын

    Its a better value stock then Truth Social

  • @jamessimon2002

    @jamessimon2002

    25 күн бұрын

    Truth social was only an illegal way to give Trump money.

  • @juju-xx5xn

    @juju-xx5xn

    24 күн бұрын

    Right?? LOL

  • @jamessimon2002
    @jamessimon200225 күн бұрын

    Lets talk about all the fake shares created through FTX.

  • @ironman102790
    @ironman10279025 күн бұрын

    Are there fundamentals not improving for GME with a profit last quarter and over $1 billion in cash on hand?

  • @philstreza2886
    @philstreza288625 күн бұрын

    It’s funny to see mainstream underplay his investment. He brilliantly caused a short squeeze due to intelligent analysis. A phenomenal value play. A company can be doing extremely poorly but still be undervalued

  • @defy2598
    @defy259823 күн бұрын

    explaining a meme is cringe

  • @ZZ_Tops_007
    @ZZ_Tops_00725 күн бұрын

    Sure as hell hope that they come back to PUERTO RICO

  • @bangwin1032
    @bangwin103224 күн бұрын

    How about the options Gamma? Would love if at least one MSM outlet would explain the real situation.

  • @wadestclair249
    @wadestclair24924 күн бұрын

    Congressmen (Pelosi) can inside trade and call it a free market but wallstreet complains about a meme stock when they lose?. Isn't it a free market?

  • @bobbyhill4118

    @bobbyhill4118

    23 күн бұрын

    They’re obviously liars and there’s going to be questions to ask here soon. But nobody will care though. Everyone’s dopamine receptors are fried from social media

  • @brigspearman2171
    @brigspearman217125 күн бұрын

    That’s awesome. That’s really cool.

  • @jamessimon2002
    @jamessimon200225 күн бұрын

    No cell no sell. Direct register your shares!

  • @Nativerealm
    @Nativerealm23 күн бұрын

    So let me get this straight. In the "Free Markets" retailers and investment firms can advertise and push their products to no end but a so called influencer having an impact on the "Free Markets" is illegal? Hypocrites plain and simple!

  • @bahamutstear1369
    @bahamutstear136925 күн бұрын

    They will all be closed within a year so why not falsify you stock value so when you go bankrupt at least you’ll have your ill gotten gains

  • @klein2252
    @klein225224 күн бұрын

    Investor here. The tweet was nothing but confirmation bias. It changed nothing. GameStop is doing a buyback, retail is continuing to buy, and total shares borrowed is continuing to increase.

  • @josephasbury6394
    @josephasbury639425 күн бұрын

    Did u hear that there here to help retail 😂

  • @KenjiEspresso
    @KenjiEspresso19 күн бұрын

    Was it though?

  • @lx95020
    @lx9502024 күн бұрын

    Stock isn't going up because of Roaring Kitty. Roaring Kitty Tweeted (X'ed) because the stock was already on an upward trend..

  • @rahulminhas7882
    @rahulminhas788225 күн бұрын

    Trading app wouldnt let me buy, trying again tomorrow

  • @Sonofawildanimal4241
    @Sonofawildanimal424125 күн бұрын

    GAME STOP

  • @knuclear200x
    @knuclear200x25 күн бұрын

    Get all your T-bills and put it all into 💥 *Gamestop! Get your deals on new and used games!*

  • @aulandblunt8432
    @aulandblunt843224 күн бұрын

    I remember when the stock market reflected on how the economy was doing. Now it seems it’s just the opposite.

  • @cesarordaz139
    @cesarordaz13924 күн бұрын

    Here we go with another guy trying to protect the retail investors🙄

  • @twyscape
    @twyscape24 күн бұрын

    There are going to be some bad losses once the rug is pulled yet again on GME and AMC.

  • @zoiddbzyugi
    @zoiddbzyugi24 күн бұрын

    You are telling us that a person tweeted, and the price magically jumped? So do you think people are stupid or what? Who the hell would believe that?

  • @Sharingan6138

    @Sharingan6138

    23 күн бұрын

    If people followed posts on youtube and reddit by roaring kitty in 2021 which led to a soar in GME why can't you believe the notion that a tweet by the same person is followed and led to this current rise? Just curious.

  • @VariantaBlack
    @VariantaBlack23 күн бұрын

    He is not a day trader .

  • @Jpop11
    @Jpop1124 күн бұрын

    this is how stupid our economy is. get in get out.

  • @hebergarcia8873
    @hebergarcia887325 күн бұрын

    Mannnn, these boomers are so cringe and lame.

  • @TheOverpowered1
    @TheOverpowered125 күн бұрын

    im not missing OUT AGAIN!!!!!

  • @CompoundingTime
    @CompoundingTime24 күн бұрын

    Nothing to do with fundamentals, just short squeezing hedge funds.

  • @ramzibaker3082
    @ramzibaker308224 күн бұрын

    Does someone knows until when will go Lee going up

  • @Sunset4Semaphores
    @Sunset4Semaphores24 күн бұрын

    We like the stock!

  • @josephseitzinger899
    @josephseitzinger89924 күн бұрын

    Here we go again 💎✋

  • @ronniepajas1872
    @ronniepajas187223 күн бұрын

    a profitable company....roaring kitty is the problem?????? wow

  • @pass_the_flask
    @pass_the_flask25 күн бұрын

    "New investors are paid through old ones" is the opposite of a ponzi my guy

  • @DavidhenshawSZU

    @DavidhenshawSZU

    25 күн бұрын

    I missed where they said that it was a Ponzi scheme, they called it a meme stock, which it is

  • @dalepetersen1166
    @dalepetersen116625 күн бұрын

    Is it any different than people bidding UP bull crap Bitcoin

  • @theotherside52
    @theotherside5225 күн бұрын

    🚀

  • @mattyb3165
    @mattyb316523 күн бұрын

    😸 Diamond Hands! LFG!

  • @OneBigLeftist-pq4je
    @OneBigLeftist-pq4je25 күн бұрын

    Shares are rising because my great President Biden!! Don’t forget my girl Kamala 😄

  • @disastermaster1413

    @disastermaster1413

    25 күн бұрын

    Troll

  • @hustle2muscle
    @hustle2muscle24 күн бұрын

    Gonna wait for a crash again for 10-16 it always does this. Just sit and wait

  • @fredschwebel7666
    @fredschwebel766625 күн бұрын

    shmuck how about shorting a stock 140%

  • @halloweenlady4073
    @halloweenlady407325 күн бұрын

    You guys clearly know zero about us nerds and how we spend. There indeed was game stop news and it was news us nerds were thrilled to hear. I will give you a hint, best buy dropped this product.

  • @rickislas5039

    @rickislas5039

    24 күн бұрын

    dropped as in released or dropped as in stopped selling ?

  • @halloweenlady4073

    @halloweenlady4073

    24 күн бұрын

    @@rickislas5039 Best buy stopped selling, but as a media collector they were never a place I shopped. They never got much and were over priced. Walmart though is ramping it up with the designer lables. If Gamestop goes in like newbury comics style with the new and used they will have no problems.

  • @edgar.n
    @edgar.n24 күн бұрын

    GME time to Stop the Game of short sellers! Haha

  • @sommmeguy
    @sommmeguy24 күн бұрын

    By "traditional fundamentals" don't you mean computer algorithms? It's been a long time since the stock market was linked to the real economy in a significant way. It is just a casino for rich people. That seemed to be the point back in 2020. I guess you missed it.

  • @gigitoronto29
    @gigitoronto2922 күн бұрын

    Right now FFIE is going insane, a short squeeze is coming! Buy and hold it. To the 🌙

  • @Cukrcek95
    @Cukrcek9524 күн бұрын

    People who pay you are getting squeezed.

  • @DONALD_DADDY_TRUMP
    @DONALD_DADDY_TRUMP25 күн бұрын

    GameStop more like game stock the stocks are low

  • @Kushert
    @Kushert24 күн бұрын

    AMC

  • @tklestnoas7657
    @tklestnoas765724 күн бұрын

    I NEVER EXPECT GME WILL JUMP TO 68 DOLLARS TODAY IF I KNOW THIS 2 DAYS BEFORE I SHOULD HAVE BUY THIS STOCK AND SELL ALL STOCKS I COULD HAVE MAKE MILLIONS OF DOLLARS I WAS VERY HAPPY THIS WEEK LOT OF MY STOCKS JUMP AMC ALSO

  • @bl4950
    @bl495025 күн бұрын

    Top g

  • @Itz_Crawfish
    @Itz_Crawfish24 күн бұрын

    Going to the moooooonnn!!

  • @rockycomet4587

    @rockycomet4587

    24 күн бұрын

    💪💪💪

  • @KevinSanchez-nt3wd
    @KevinSanchez-nt3wd25 күн бұрын

    🚀🚀🚀🚀🚀

  • @PeterParker-wj3cr
    @PeterParker-wj3cr25 күн бұрын

    The casino is open again!

  • @hbomb65
    @hbomb6525 күн бұрын

    a drawing made the market go nuts, ok, and Trump is correct, the vote was rigged?

  • @esteban3155
    @esteban315524 күн бұрын

    Rocket emoji 🚀 = MaRkEt MaNiPuLaTiOn Lobbying congress= nothing to see here folks

  • @johnyang1420
    @johnyang142025 күн бұрын

    HODL!!!!!

  • @carianin5293
    @carianin529324 күн бұрын

    Pump and dump

  • @mammothdumpllc
    @mammothdumpllc24 күн бұрын

    Im not selling till kenny boy is in prison

  • @TheDexter50
    @TheDexter5024 күн бұрын

    Pure stock market and he is showing the world cracks in the stock market and shows how’s unhinged it is and one side it is to people with millions and billions and a market that is truly truly caters to more wealthy individuals and the governments not the normal person how many times have the stock market crash? Not because of normal people because of greedy as hell wealthy individuals and policies that show that the market is and only one side like last time this happened the stock market is truly flawed to one sided of wealthy individuals.

  • @akshaychoudhary5815
    @akshaychoudhary581524 күн бұрын

    To the moon 🚀

  • @FRSHGOST
    @FRSHGOST24 күн бұрын

    Lets go! GME TRAIN. i missed out last time. Lets go to war!

  • @moonshoes11
    @moonshoes1125 күн бұрын

    Zombie Stop

  • @AlexSky7700
    @AlexSky770024 күн бұрын

    😂

  • @aguyinavan6087
    @aguyinavan608724 күн бұрын

    hodl

  • @G00033
    @G0003323 күн бұрын

    Clowns

  • @eFISHancy
    @eFISHancy24 күн бұрын

    Boomers on the news... hilarious

  • @i-yell-a-lot4906
    @i-yell-a-lot490624 күн бұрын

    😂🤣😂🤣

  • @freestylefranc2653
    @freestylefranc265325 күн бұрын

    degen gamblers😂

  • @jamessimon2002

    @jamessimon2002

    25 күн бұрын

    It's not gambling if you understand fundamentals and keep on holding for 3 years .

  • @JohnSmith-lk9fv

    @JohnSmith-lk9fv

    25 күн бұрын

    lol someone has to hold the bag at the end

  • @zoiddbzyugi
    @zoiddbzyugi24 күн бұрын

    Jesus christ, i watched thewhole video to give you guys a fair shot. But this is just garbage reporting

  • @carleynorthcoast1915
    @carleynorthcoast191524 күн бұрын

    the GME saga is a pump and dump disguised as a short squeeze, it was managed so good people never figured out it was a pump and dump. Short squeezes don't form multiple tops and the interest in buyers was more than enough for the price action; in fact despite everything the selling pressure won in the end and the down trend continued. Also it was up trending for weeks in 2022 before the big tops so It don't believe any good traders were holding shorts which was a key part of the narrative. the people who lost money were probably retail traders expecting the countertrend to reverse

  • @INF1NI73

    @INF1NI73

    24 күн бұрын

    So anyways, I kept DRS'ing.

  • @ImranHaq-tz7nx
    @ImranHaq-tz7nx24 күн бұрын

    GME $278 AMC $24+

  • @rockycomet4587
    @rockycomet458724 күн бұрын

    🚀

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