If your friends and family are wondering why you're buying $GME @ $300, maybe you can explain it to them like this:
GME is experiencing a short squeeze where hedge funds have oversold shares (naked shorts) they cannot readily cover. As the floating supply shrinks and demand for shares increases, short sellers face mounting carrying costs and will eventually be forced to buy back shares at dramatically higher prices, creating a self-reinforcing squeeze.
1d—
3d-60.0%
1w-71.7%
1m-46.5%
3m-22.8%
6m-26.7%
1y-56.5%