Please Be Careful With GameStop Stock

Video game retailer GameStop (NYSE: GME) is an incredibly popular stock right now. Share prices rose 354% in the last two weeks, reaching an intraday 14-day gain of 612% on Monday, January 25. Trading volumes also soared during this period. GameStop's stock typically sees about 7 million shares changing hands on an average day. Last Friday, the volume skyrocketed all the way to 197 million shares.

You need to be careful with this insanely volatile stock. This is not the start of a long period of healthy gains but a warning sign of the equally impressive GameStop crash that is looming right around the corner.

Image source: Getty Images.

Continue reading

Source Fool.com