Was not reflected in price action at all during RTH today since this was already known. Probably a good entry for a short coming up.
Back on Reddit the fans of the stock are claiming that because this news was already known and it was not an official announcement it could not have been retail action, but instead institutions settling failure-to-delivers in ETFs holding GME (or something like that) and they fabricated a story as a smoke screen for the spike. Thoughts?
Hilarious action opens up 25-30% and almost closed negative. What a crappy company. Why do these idiots on Reddit keep the delusion its worth something?