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

Posted on 6/7/24 at 7:06 am to
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 7:06 am to
quote:

Earnings were terrible.


Nah. Earning pre-release was a couple weeks back, as expected. They cut their losses by about 40%.

The main reason for the drop is the announcement of 75m shares to be sold by GameStop. Makes me more intrigued to see what Keith has to say during his stream. As he went full tilt in calls after GME issued 45m shares mid-May.
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 7:14 am to
Yeah we’ll see what gillosi says today
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 7:20 am to
More like GilalGaib

I’m prepared to lose though. Entertaining if nothing else
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 7:26 am to
I think from now on if I’m the least bit happy I’m gonna sell because nothing keeps going up it all crashes overnight

They should open up the fema camp already and get it over with
Posted by StonewallJack
Member since Apr 2008
931 posts
Posted on 6/7/24 at 7:29 am to
quote:

They should open up the fema camp already and get it over with



How many shares do you have, gaucho?
Posted by slackster
Houston
Member since Mar 2009
91306 posts
Posted on 6/7/24 at 7:30 am to
quote:

Nah. Earning pre-release was a couple weeks back, as expected. They cut their losses by about 40%.


Missed the stock sale. Thanks.
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 7:33 am to
Too many
Posted by StonewallJack
Member since Apr 2008
931 posts
Posted on 6/7/24 at 7:46 am to
The stock price goes up and then gamestop sells more shares. I don't see how this is sustainable without the price dropping.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 8:02 am to
quote:

The stock price goes up and then gamestop sells more shares. I don't see how this is sustainable without the price dropping.


No, a squeeze and/or extreme volatility isn’t sustainable.
Posted by rockchlkjayhku11
Cincinnati, OH
Member since Aug 2006
36709 posts
Posted on 6/7/24 at 8:12 am to
yeah i might too. this is frustrating. will be very interesting to see what happens on the stream today, but my guess is a whole lot of nothing tbh.

not thrilled with another dilution, but i dont think i have the balls to buy any more. i dont have very much, more of just a fun gamble/lottery ticket, but i dont want to turn it into more than that.
Posted by StonewallJack
Member since Apr 2008
931 posts
Posted on 6/7/24 at 8:36 am to
Should we buy more or sell?!?!?
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 8:38 am to
I think gillosi works for the deep state and is a fake product of our times just like Epstein


Like they gave him a tiny fraction of the daily Israel spend and were like hey yall keep buying the dip and yall can be like him

Like the only way to make it in America today is to somehow become a politician where you can eat slop at the hog trough. We’re all in the fema camp they just haven’t strung the wire yet
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 8:40 am to
Damn it’s up to 44 nice

Hail roaring kitty


Btw this will probably pull an Elon musk doge snl thing
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 8:44 am to
Plz stop halting
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19338 posts
Posted on 6/7/24 at 8:49 am to
Is anyone buying right now? Sellers when you plan to drop the ball?
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 8:51 am to
Your GameStop money is needed for Israel sorry baw. You should see the new rocks those kids have these days
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 8:59 am to
quote:

Is anyone buying right now?


No, no one is buying. The 75 million in volume is just a glitch.
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 6/7/24 at 9:05 am to
They halt it every time somebody buys a share
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/7/24 at 9:09 am to
Adding over 25% to the float is bold...
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 9:14 am to
Yea but they are selling ATM. I’d imagine they are executing sales this morning between $38-$42. Lot of cash being added to the company. So while it may hurt retail in the near term my hunch is the floor has been raised over the long term. Also don’t know how this impacts KG’s analysis. He started buying his calls after 45m shares were added to the float
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