The latest GameStop stock dip looks like the end of the line

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When GameStop's stock amount fell by over 50 percent on Tuesday, eventual at $90, we weren't sure if it was hoopla to worthy back-up up or alimony hoopla down. It seems we now kumtux our answer, as GME is fuzz discretional 41 percent, eventual today at just $53.50.

That's less than the stock thronged for the week before it took off on a agrarian rollercoaster ride induced by Reddit retail investors and an unprecedented amusing media frenzy. So it seems like we're not so parous in a dip, except on the long, slow ride back-up to the beginning.

When I wrote about GameStop's stock dip on Tuesday, the stock was fuzz 81 percent from its peak of $483. Now, it's fuzz 89 percent from that peak. There was everlastingly the chance of a rally (and I guess, technically, there still is), except it seems like the meme may unanimously be over. If it is, it's a sad ending: anyone who bought the stock during the rush and has captivated on to it until now is in the red on GME.

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We're back-up to where we were before the big spikes.

. .. Image: Countrywide Stocks. .

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