dennisgorelik: 2020-06-13 in my home office (Default)
[personal profile] dennisgorelik
1) GME price now (2021-01-29) is $313
1 year ago (2020-01-31) GME price was $3.91
3 weeks ago (2021-01-12) - $19.95

2) Timothy (my 12 years old son who was the first to tell me about GameStop short squeeze scandal) thinks that in 2-3 weeks GME will drop to around $100.
1 year from now Timothy expects GME in $40-$50 range.

3) I expect that 1 week from now GME will drop down to ~$40.
1 year from now GME is likely to cost ~$5...$10 per share.

I was surprised to learn that multiple people I know bought GME or seriously consider buying GME.
I guess people are less rational than I thought.

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dennisgorelik: 2020-06-13 in my home office (Default)
Dennis Gorelik

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