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Message

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

Posted on 6/7/24 at 11:02 am to
Posted by DVinBR
Member since Jan 2013
15252 posts
Posted on 6/7/24 at 11:02 am to
he's late, the stock went down a few percent lmao
Posted by DVinBR
Member since Jan 2013
15252 posts
Posted on 6/7/24 at 11:03 am to
GME just halted
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 6/7/24 at 11:10 am to
Where did Gill get the money for the second round of calls?
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/7/24 at 11:10 am to
Halted again.


This a-hole is late for his livestream.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 11:13 am to
quote:

Where did Gill get the money for the second round of calls?


It’s been 3 years since he made out with $60m or whatever crazy number it was.

It’s all speculation on whether or not he has the liquidity to exercise them. Theoretically he could by selling his shares and some calls.
Posted by el Gaucho
He/They
Member since Dec 2010
58468 posts
Posted on 6/7/24 at 11:14 am to
quote:

Where did Gill get the money for the second round of calls?

The cia
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 6/7/24 at 11:15 am to
It is obvious that GameStop doesn’t think there is a bunch of naked shorts and all that BS or they wouldn’t continuously be adding to the float. They also wouldn’t be selling stock if they thought it was undervalued. It basically torpedoes the long arguments, but the trade is still intriguing.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19347 posts
Posted on 6/7/24 at 11:15 am to
The fact that they halted it in anticipation of the live stream shows this shite rigged.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28987 posts
Posted on 6/7/24 at 11:16 am to
Looking like the Government threw down the hard pressure gauntlet to force him from not doing the Live Stream.
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 6/7/24 at 11:17 am to
quote:

The fact that they halted it in anticipation of the live stream shows this shite rigged.


The halts are just math. It was halted on the downside as the livestream was late, then halted on the upswing a few minutes ago.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/7/24 at 11:17 am to
So did he rug pull everyone?
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/7/24 at 11:18 am to
quote:

The halts are just math. It was halted on the downside as the livestream was late, then halted on the upswing a few minutes ago.


That doesn't fit the conspiracy.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 11:19 am to
quote:

It is obvious that GameStop doesn’t think there is a bunch of naked shorts and all that BS or they wouldn’t continuously be adding to the float


I’d think the opposite. Pretty sure they have a responsibility to ensure they are valued appropriately. Them selling over 100m shares over the last 3 weeks is an attempt to stabilize the share price while also capitalizing on the gains. Otherwise nothing stopped them from selling at this volume over the past year?
Posted by SirWinston
PNW
Member since Jul 2014
100716 posts
Posted on 6/7/24 at 11:20 am to
Heckin love roaring kitty who else is on the stream?
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 6/7/24 at 11:26 am to
quote:

Otherwise nothing stopped them from selling at this volume over the past year


But their stock wasn’t at these prices.

Companies buy back stock when they think their stock is valued attractively, and they sell when they either need money and/or think it’s overvalued - all else being equal.
Posted by Hookah
Member since Nov 2023
349 posts
Posted on 6/7/24 at 11:28 am to
quote:

But their stock wasn’t at these prices. Companies buy back stock when they think their stock is valued attractively, and they sell when they either need money and/or think it’s overvalued - all else being equal.


Well yea I mentioned that and I agree 100% but the statements of short interest are associated with the filings.
Posted by castorinho
13623 posts
Member since Nov 2010
86495 posts
Posted on 6/7/24 at 11:29 am to
I'm dying right now
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11847 posts
Posted on 6/7/24 at 11:29 am to
quote:

Companies buy back stock when they think their stock is valued attractively, and they sell when they either need money and/or think it’s overvalued


That is not true in reality I’ll post the Yardeni chart to prove it when I get the chance
Posted by castorinho
13623 posts
Member since Nov 2010
86495 posts
Posted on 6/7/24 at 11:30 am to
u guys watching this shite
Posted by el Gaucho
He/They
Member since Dec 2010
58468 posts
Posted on 6/7/24 at 11:31 am to
Why’s it going up
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