GameStop June 3 - June 21 Unprofitable Returns Outnumber Profitable Returns 2 to 1
GameStop (GME) prices were on a roller coaster ride from June 3, 2024 through June 21, 2024.
3D Chart of All Buy any Sell Returns
The following 3D chart of buy and sell percent returns for June 3 through June 21 is based in 182 30-minute price intervals for fifteen regular market sessions.
For that period there were 16,471 buy and sell percent returns. Only 4,999 (30.35%) buy and sell returns made money (green areas) and 11,472 (69.65%) lost money (red areas). The ratio of unprofitable returns to profitable returns was 2.295.
Important Lesson
Returns turn unprofitable after price bubble bursts.
See GameStop June 3 Trade was Unprofitable for Most Traders.
See GameStop June 3 - June 7 Returns Were Volatile.
See GameStop June 3 - June 14 Unprofitable Returns Outnumbered Profitable Returns.