GameStink! The Stock Is Headed To $20 – Tilson
Whitney Tilson’s email to investors discussing the decline in GameStop‘s stock and naming it GameStink; the odds of a hard economic landing in the U.S. by 2023 are growing. Q4 2020 hedge fund letters, conferences and more GameStink (GameStop) Declines 90% In Eight Trading Days1) Two weeks ago today, I called the top of the short squeeze bubble – nailing it almost to the hour. In particular, I heaped scorn on GameStop (GME), which hit an intraday high of $483 the next day. Yesterday, the shares hit a low of $46.58 (before closing at $50.31), meaning they declined by a staggering 90% in eight tr...