It's a completely different scenario than Volkswagen. Then Ryan Cohen flipped the script and Retail investors followed up trapping the shorts. Then Covid happened and even more shorts kept piling on. They used the same strategy they used with Toys R Us and just kept shorting them for years. The shorts targeted GameStop first and wanted them to go Bankrupt. Tesla’s stock surged late 20 where it was jumping faster than anyone could have predicted. An entire community of people was created around these shorters who would often share negative news about Tesla and blew it out of proportion. Tesla’s stock, on the other hand, was one of the most shorted stocks. This caused the Volkswagen short squeeze.

It took two years for the squeeze to develop and then in a surprise announcement on the Sunday before the squeeze, Porsche announced that it had effectively gained control of 74 percent of Volkswagen’s voting shares. This is when the shorts started to pile on because they thought Volkswagen was overvalued. Predictably, the stock price started to rise steadily over the years. To do so, they invested and invested heavily, purchasing Volkswagen’s shares by the boatload. Rewind to 2006 when Porsche made a surprise announcement that they wanted to increase their position in Volkswagen. The Volkswagen short squeeze took a long time to develop. These predictions are just that: predictions. GME Current Market Cap - 181 * 69,940,000 = 12,659,140,000Īpple is the company with the largest Market Cap in the world currently. Well you're lucky because I'm good at simple math. So everyone here is probably wondering what would GME stock be worth if it became the biggest company based on market capitalization. For example, a company with 20 million shares at $50 a share would have a market cap of $1 billion. It is calculated by multiplying the price of a stock by its total number of outstanding shares. Market cap-or market capitalization-refers to the total value of all a company's shares of stock. At that price Volkswagen's voting stock was worth 296 billion euros ($370 billion), or more than the $343 billion market capitalization of Exxon Mobil. On this day Volkswagen briefly became the world's biggest company by market value. Part II: Minimum GME stock price Prediction through Market CapitalizationĪs you can see, Volkswagen, went from 200-1000 in one week and is was from.

Vw short squeeze