What Just Happened With GameStop?

GameStop is back in the news after rallying over 100% this week. Today's video discusses what's going on, and whether the speculative theories around where the ticker goes from here have any merit.Article explaining XRT short interest: https://www.nasdaq.com/articles/why-spdr-retail-etf-xrt-600-short-2011-06-10SEC Report: https://www.sec.gov/page/sec-staff-release-gamestop-reportDISCLAIMERS:I do not hold a long or short position in any of the mentioned companies.Richard Coffin is a registered portfolio manager, CFP professional and CFA charter holder.This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not directly affiliated with his employer). Learn more about your ad choices. Visit megaphone.fm/adchoices