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

Posted on 6/6/24 at 6:22 pm to
Posted by lynxcat
Member since Jan 2008
24999 posts
Posted on 6/6/24 at 6:22 pm to
Up 30% after hours. Now holding $750M in GME value
This post was edited on 6/6/24 at 6:23 pm
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/6/24 at 7:46 pm to
quote:

A GameStop insider just said the CEO told him they are buying bitcoin with the money they borrowed. lol if true this is going to be wild.



So they're going to try an be another MSTR?
Posted by slackster
Houston
Member since Mar 2009
91319 posts
Posted on 6/6/24 at 8:23 pm to
quote:

If I had to bet now, I would assume he becomes a billionaire tomorrow.


For a little while at least. Dude is still a legend though.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/6/24 at 9:20 pm to
I’ve made 6 figures off GME. This has been a really wild ride
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/6/24 at 9:25 pm to
quote:

the question is how he gets the cash to exercise the options


He can sell the shares he owns and use margin to exercise his calls.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17354 posts
Posted on 6/6/24 at 10:00 pm to
didn't have teh balls to chase this thing. its unreal what its doing
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/6/24 at 10:08 pm to
quote:

didn't have teh balls to chase this thing. its unreal what its doing


I have a feeling I am going to regret not buying a lot more when tomorrow rolls around.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14881 posts
Posted on 6/6/24 at 10:11 pm to
I made 40% and sold most of my GME today. I’m holding some shares to sell at $100 though.

This seems volatile so I’ll probably buy back in below $20 and wait for Roaring Kitty to strike again.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/6/24 at 10:18 pm to
quote:

didn't have teh balls to chase this thing


As soon as he started tweeting I jumped right in. This dude spent so much time analyzing GME and the GME market in 2019/2020 I had full confidence this thing was going to RIP when he came back. I bought $50k worth of shares during the overnight market that Sunday he originally came back

I was able to sell for a nice sum 3 weeks ago (+80%) and when he threw down the uno reverse card Sunday I full sent all of it again Monday within 30min of open ($37). Tricky part is when to sell. I may sell when he goes live tomorrow even though I know this thing will squeeze hard if he really does exercise his calls.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28981 posts
Posted on 6/6/24 at 10:23 pm to
quote:

I’ve made 6 figures off GME. This has been a really wild ride


I'm sitting on roughly 6800 shares right now.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/6/24 at 10:27 pm to
quote:

I'm sitting on roughly 6800 shares right now.


What’s your exit strategy
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28981 posts
Posted on 6/6/24 at 10:31 pm to
quote:

What’s your exit strategy


I put an order to sell at $200 which I expect to come fast and quick.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/6/24 at 10:41 pm to
quote:

I put an order to sell at $200 which I expect to come fast and quick.


Damn you’re more optimistic than me
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28981 posts
Posted on 6/6/24 at 11:32 pm to
After Hours trading just hit $67.50

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This post was edited on 6/7/24 at 12:27 am
Posted by SuckerPunch
Member since Feb 2024
929 posts
Posted on 6/7/24 at 3:33 am to
So what price point did he buy in at…and what price does it have to hit for him to make a profit?
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 4:19 am to
quote:

So what price point did he buy in at…and what price does it have to hit for him to make a profit?


His is $7 off from his position being worth $1 billion………..all off an original investment of $50k 4-5 years ago.
Posted by slackster
Houston
Member since Mar 2009
91319 posts
Posted on 6/7/24 at 5:47 am to
Good luck baws.
Posted by MrJimBeam
Member since Apr 2009
12956 posts
Posted on 6/7/24 at 5:54 am to
Around 40 bucks right now premarket with insane volatility

And now 48
This post was edited on 6/7/24 at 6:05 am
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 6:23 am to
Wtf happened

ETA: I’m pretty sure fbi kitty is a fed

I wish the government would just put us in the fema camp instead of like psy opping us

Why didn’t y’all tell me to sell yesterday
This post was edited on 6/7/24 at 6:27 am
Posted by slackster
Houston
Member since Mar 2009
91319 posts
Posted on 6/7/24 at 7:00 am to
quote:

Wtf happened


Earnings were terrible.
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