Retail brokerages such as Robinhood, Interactive Brokers, and Webull, have restricted trading on GameStop to Sell Only, citing, “significant market volatility.”

In a statement , Robinhood said it was “restricting transactions for certain securities to position closing only.” Other trading platforms, including TD Ameritrade and Charles Schwab, took similar steps to restrict trading. It remains unclear how long the restrictions on each platform will last.

Changing the rules in the middle of the game.


Wall Street analysts say the appointment of Ryan Cohen, the co-founder of Dania-based online pet store Chewy, to Texas-based GameStop’s board of directors Jan. 11 was a key element in sending the game retailer’s share price from about $21 at the end of 2020 to a closing price of $347.51

Ryan Cohen is expected to be under Securities and Exchange Commission quiet-period rules given his recent board appointment to GameStop Corp. As a result, Cohen has yet to speak with any media since the recent price action, but felt the need to respond to a request by the Miami Herald, as it is his local publication.

In an email, Cohen told the Miami Herald, “As you can imagine, I can’t comment at this time,” without elaborating. 

As much as we want to say, “Thanks for nothing, Cohen,” we’re glad to hear anything from him, even if it is, in fact, nothing.


Chamath Palihapitiya joined Scott Wapner on CNBC’s Halftime Report  to serve Wapner a dose of reality on his recent purchase of GameStop options. This is an interview you don’t want to miss.

A lot of people are doing some incredible fundamental diligence on companies [GameStop], trying to think of long term value, and in my opinion, many of them are doing as good, and frankly, a better job than a lot of hedge fund analysts.


Michael Burry has shared his thoughts on GameStop’s recent price action

Michael J. Burry of the ‘The Big Short’, and former GameStop investor, has put out a tweet seemingly condoning the price action on GameStop Corp. shares.

If I put $GME on your radar, and you did well, I’m genuinely happy for you. However, what is going on now — there should be legal and regulatory repercussions. This is unnatural, insane, and dangerous.

Burry’s tweet from January 26th 2021

While an investor in GameStop, Dr. Burry wrote to the board of directors in late July calling on them to buy back $238 million of their stock to complete the $300 million worth of repurchases they authorized earlier that year.

By reducing the amount of shares available on the market to this magnitude, Burry effectively loaded the gun that shot the shorts in the face. 

While Burry is said to have sold his remaining GME position long ago, we appreciate what he accomplished for us shareholders.

Source: Burry Archive on Twitter

Benzinga’s new fan favorite Rod Alzmann is back on the air.

In this clip from Zingernation Power Hour on January 26, 2021 leading GameStop analyst and GMEdd contributor Rod Alzmann discusses his his choice to buy back his covered calls as GameStop’s market cap continues to rise. 

Elon Musk may be the most famous degenerate of us all.

We’re living in an alternate reality folks.

Elon Musk has shared a link via Twitter to the infamous subreddit Wallstreetbets titled, “Gamestonk!!,” sending GameStop Corp. stock into orbit as if Elon himself strapped us all to a SpaceX missile. 

Elon’s tweet after-hours on January 26th 

Welcome aboard Elon, we’re happy to have you.

Source: Elon Musk on Twitter

Lots of $GME talk soooooo….

Early Senior Executive at Facebook and renowned tech venture capitalist Chamath Palihapitiya has disclosed his purchase of Feb $115 calls on $GME this morning on Twitter.

Chamath placed his bet after widespread encouragement from his Twitter followers, in response to a tweet asking what he should “throw a few 100 k’s at.”

We’re hoping that Chamath’s bid of confidence in GameStop catches the eye of other Silicon Valley giants, who may begin to research the fundamentals behind the GameStop e-commerce play thesis.

Source: Chamath on Twitter