This article cherry-picks the time window to make such a claim. You can do this for many volatile stocks.
GME looks like it was probably pumped and dumped (intentionally or not), but it is up 107% month on month currently. So the report could easily be “investors double their money”. It’s meaningless.
The article also doesn't mention the actual reasons people invest into GME. It’s a meme stock. People also claim to buy it in protest of aggressive short-selling by large funds that ruins small businesses. I don’t know if anyone really expects to make money on it beyond the potential pump and dump ride-along.
The link is very biased and sensationalist. What’s going on with GME is quite interesting, in contrast.
GME looks like it was probably pumped and dumped (intentionally or not), but it is up 107% month on month currently. So the report could easily be “investors double their money”. It’s meaningless.
The article also doesn't mention the actual reasons people invest into GME. It’s a meme stock. People also claim to buy it in protest of aggressive short-selling by large funds that ruins small businesses. I don’t know if anyone really expects to make money on it beyond the potential pump and dump ride-along.
The link is very biased and sensationalist. What’s going on with GME is quite interesting, in contrast.