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Oh Boy. It's time for $GME Earnings.

March 23, 2021

Oh Boy. It's time for $GME Earnings.

It’s been months since users on the WallStreetBets Reddit forum first squeezed GameStop (GME) stock “to the moon”, but the buzz has continued.

Cashtag mention analysis reveals just how much attention GME commands.

Although Cashtag mentions have fallen dramatically from the levels seen in late January, they’re still trending +6866% YoY on a 7-day moving average.

GME cashtag mentions

Be sure to consider the Y axis on the chart above. $GME is averaging 1,400 mentions/day in the last week.

Shares of GME have been holding above $100 for almost a month now, with thousands of retail traders still devoted to the cause.

It’s impossible to predict what impact the 20Q4 earnings report (Tuesday after the bell) will have on the price action, as evidenced by the +-25% MMM.

Still, we can still see strong grassroots support for the stock, and our data confirms that "the little guys" haven't quite lost interest.

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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