Will GameStop Stock (GME) Crash this Week? Call Options Expire

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0:00 Will GameStop stock crash?
0:51 GameStop stock price
2:22 Ryan Cohen
3:30 Short Squeeze
3:55 WallStreetBets
5:37 GameStop Financials
11:30 GameStop Insiders Sell
14:55 GameStop Call Options

GameStop stock has risen sevenfold this year. Yesterday it closed up more than 90%, and in after hours trading it's up nearly 70%. Will GME continue to rise, or is a crash of the stock price imminent? Its financial statements don't support its current valuation. It's been losing money for several years, and that has continued into fiscal 2021. It has also negative cashflows from operations. And insiders are selling GameStop stock and much lower prices than its currently trading. Finally, call options expire this Friday, January 29th. All of this raises the very really possibility that the party could end soon.

What do you think? Is GameStop stock about to crash, or is it a buy?

#GameStop #GME

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While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

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