Gamestop Stock (GME) jumped to almost $250 a share after a "Gamestonk!!" Tweet by Elon Musk. Even with this Gamestop news today, short interest is still around 140% of the Gamestop stock. Wallstreetbets on Reddit is comparing this short squeeze to the VW short squeeze in 2008. With all these hedge funds on the same side of the trade, will the Gamestop short squeeze cause one of them blow up like Long Term Capital Management LTCM? Because of the Gamestop Stock short squeeze a lot of hedge funds like Melvin Capital Management LP are losing a lot of money. Elon Musk does not have much love for Melvin Capital Management LP since they have been shorting Tesla stock from 2014 to 2016. Is the "Gamestonk!!" tweet a way to burn these short selling hedge funds while they are down? Is the Citadel and Steve Cohen bailout of Melvin Capital Management enough or will today's stock market action in Gamestop put them out of business? Before you consider trading in GME stock, be @financially aware of the risks involved in a short squeeze.