Unfortunately, for those who bought GameStop Corp (NYSE: GME) stocks, yesterday (2 Feb 2021) was not a good day. Source: Google As of Tuesday’s close, GameStop’s stock price stands at US$90: a 60 per cent drop that shaved $135 from its opening price. This also means that GameStop’s stock price has fallen about 81 per cent from its US$472 high on Thursday (28 Jan 2021). The huge drop makes it appear that the whole GameStop short squeeze and the trading frenzy driven by the popular online Reddit community(subreddit) r/WallStreetBets is over – at least for now. P.S. I would recommend that you read my explanation of the whole situation here: GameStop’s Short Squeeze Madness: 3 Things You Can Learn From GameStop’s Stock Going up 345% in 3 Weeks first before coming back to this article. But this drop begs a few questions....