By Pam Martens and Russ Martens: January 29, 2021 ~ According to JPMorgan Chase’s 13F filings with the Securities and Exchange Commission, it moved from a net short position in GameStop shares as of December 31, 2019 to a big long position as of September 30, 2020, the date of its last 13F filing. As of the end of the third quarter of last year, JPMorgan Chase was long (owned) 368,196 shares of GameStop versus a put (short position) on a meager 19,300 shares. At the close of trading on September 30, 2020, GameStop was a $10.20 stock, making JPMorgan’s long position worth $3.8 million. At the intraday high yesterday, GameStop was a $483 stock. If JPMorgan had sold at the top, it would have made approximately $174 million on its long position versus where it was trading four months earlier. We’re dismissing what happened to the put that JPMorgan … Continue reading GameStop Shares: 5-Count Felon JPMorgan Could Have Made Upwards of $174 Million Yesterday