World news – Jim Cramer: GameStops Run is « Game Over » for the shorts

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When asked about his Real Money column, Jim Cramer broke down a handful of stocks he was watching – think Tesla (TSLA) – Get Report, Darden, among others.

One stock That Jim Cramer was brought to the attention of Action Alerts PLUS analyst Zev Fima is GameStop (GME) – Get Report, which may soar after encouraging Christmas sales and the newest board members – activist investors.

earlier this week the company has reached an agreement with RC Ventures to add three of the New York activist investor’s nominees – Alan Attal, Ryan Cohen and Jim Grube – to the board.

Cramer noted that GameStop « does not do so well for all its credit. » and is severely shorted.

« You see something like GME and that’s just … a game for the shorts, in theory, when people are shooting at it like that … » he said.

Ref: https://www.thestreet.com

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