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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Posted on 5/13/24 at 2:25 pm to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72929 posts
Posted on 5/13/24 at 2:25 pm to
slowly going up!

Posted by slackster
Houston
Member since Mar 2009
85115 posts
Posted on 5/13/24 at 2:27 pm to
quote:

I'd guess he has just been sitting back and watching and waiting for the wall street monsters to create another exploitable situation and now he is getting everyone ready to pounce when the time is right.


If I’m not mistaken GME doesn’t have a ton of short interest compared to the last squeeze. Could be interesting.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26034 posts
Posted on 5/13/24 at 2:36 pm to
Short Interest Table
Percentage of Shares Outstanding 21.02
Number of Shares Short 64.37M
Number of Shares - Previous Month 65.69M
Short Interest Ratio (Days) 17.36
Short Interest Ratio - 1 Month Ago (Days)
Posted by SmackoverHawg
Member since Oct 2011
27379 posts
Posted on 5/13/24 at 2:42 pm to
I was up and then I was down. Now I'm back up a little....down again. It's like a battle between good and evil as the close of trading draws near.
Posted by longhorn22
Nicholls St. Fan
Member since Jan 2007
42304 posts
Posted on 5/13/24 at 2:52 pm to
DDTG is at work
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26034 posts
Posted on 5/13/24 at 3:13 pm to
Reminds me of the first go around where the space rocket didn't take off initially and then soared
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72929 posts
Posted on 5/13/24 at 3:34 pm to
yeah oh well fun to play with anyway
Posted by The Egg
Houston, TX
Member since Dec 2004
79183 posts
Posted on 5/13/24 at 4:48 pm to
32+ in afters trading
Posted by Lsut81
Member since Jun 2005
80217 posts
Posted on 5/13/24 at 4:58 pm to
Saw Portnoy post about having FOMO and then post a little while later that he three something like 600k into that and AMC.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17048 posts
Posted on 5/13/24 at 5:06 pm to
quote:

Short Interest Table
Percentage of Shares Outstanding 21.02
Number of Shares Short 64.37M
Number of Shares - Previous Month 65.69M
Short Interest Ratio (Days) 17.36
Short Interest Ratio - 1 Month Ago (Days)

What does it all mean?
Posted by Lsut81
Member since Jun 2005
80217 posts
Posted on 5/13/24 at 5:21 pm to
CNBC already covering, sounds like shorters lost nearly 1B today.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167480 posts
Posted on 5/13/24 at 5:28 pm to
quote:

lost nearly 1B today.


That was lost the first hour of the market opening. $1.6 billion was lost by short sellers today
Posted by Lsut81
Member since Jun 2005
80217 posts
Posted on 5/13/24 at 5:40 pm to
Don't know what data you're seeing but S3 Partners reporting nearly 1B as of an hour ago... they don't have timing on their data, just the statement of "today"
Posted by DJ3K
Member since Dec 2011
6768 posts
Posted on 5/13/24 at 5:59 pm to
quote:

Saw Portnoy post about having FOMO and then post a little while later that he three something like 600k into that and AMC


Posted by UltimaParadox
Huntsville
Member since Nov 2008
40883 posts
Posted on 5/13/24 at 6:39 pm to
quote:

guess he has just been sitting back and watching and waiting for the wall street monsters to create another exploitable situation


I'm guessing after he lost his case and paid the 4 million dollar fine for misleading investors he probably couldn't trade or post for 3 years.

Most likely he still had a bag of gme stock he wants to pump before unloading
Posted by slackster
Houston
Member since Mar 2009
85115 posts
Posted on 5/13/24 at 6:59 pm to
quote:

hat was lost the first hour of the market opening. $1.6 billion was lost by short sellers today


If you take the 64.4 million short shares according to Yahoo, which was updated 4/30, short sellers were down $850 million today.
Posted by Hookah
Member since Nov 2023
111 posts
Posted on 5/13/24 at 7:01 pm to
quote:

GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence


That is not why it’s going wild. It was going wild in pre-market before he even tweeted. At least act like you don’t have the brain of a 80 year old boomer.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26034 posts
Posted on 5/13/24 at 7:11 pm to
GME after hours is rising fast. Now up to $37
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74169 posts
Posted on 5/13/24 at 7:16 pm to
quote:

GameStop short sellers were up $400 million last month, but now they’re down $1.4 billion after the stock nearly tripled in May


Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167480 posts
Posted on 5/13/24 at 7:33 pm to
quote:


Don't know what data you're seeing but S3 Partners reporting nearly 1B as of an hour ago... they don't have timing on their data, just the statement of "today"


I think the $1.6 billion number included AMC
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