Massive Card Buying: GameStop
Wanted to throw out a theory for discussion. As we all know GameStop recently started a program in graded cards. In a recent financial filing the company has an expenditure of about $200 million that has not been disclosed. Could some or all of that amount have been spent to scoop up a lot of the cards that are pumping as an inventory for their card sales? Timing works out perfectly with the pump many cards have had recently! Maybe GME is the whale that started this bull run!