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Started By
Message
GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil
Posted on 6/2/24 at 11:12 pm
Posted on 6/2/24 at 11:12 pm
quote:
Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021's epic short squeeze, could currently have a huge position in the video game retailer.
Gill, who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot of what could be his portfolio holding a significant amount of GameStop common shares and call options.
The Reddit trading crowd's favorite trader holds 5 million shares of GameStop worth $115.7 million as of Friday's closing price, according to the account snapshot posted on Reddit's r/SuperStonk forum. The account also showed a position of 120,000 call options in GameStop with a strike price of $20 that expire on June 21st that were purchased for about $5.68 each. GameStop shares closed Friday at $23.14.
The post was not independently verified by CNBC. Notably, he didn't post on the infamous WallStreetBets chatroom where he posted all of his trade updates at the height of the GameStop mania over three years ago. Though the username is the same one used.
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Posted on 6/2/24 at 11:17 pm to RLDSC FAN
Will come crashing down by Wednesday or Thursday.
Posted on 6/2/24 at 11:24 pm to RLDSC FAN
I was just looking at my account. Knew I should’ve grabbed a $30 call Fri
Posted on 6/2/24 at 11:24 pm to RLDSC FAN
Nothing like pumping up the implied volatility of the shares and contracts going into earnings. He patiently started buying blocks of call contracts around May 20th. Now he posts his position on Reddit.
Kinda brilliant.
Kinda brilliant.
Posted on 6/2/24 at 11:37 pm to LSUAngelHere1
quote:
I was just looking at my account. Knew I should’ve grabbed a $30 call Fri
I think you’d be better off buying the June 14’s than the contracts expiring this week. If you buy the contracts expiring this Friday you won’t be able to capture the earnings volatility. It’s your money, but I see buying short dated options as basically buying a spike in volatility, not necessarily a spike in price.
This post was edited on 6/2/24 at 11:38 pm
Posted on 6/2/24 at 11:37 pm to TchoupitoulasTiger
Just saw earnings are Wednesday. And there’s usually some carryover to AMC. Should be interesting this week.
Posted on 6/2/24 at 11:42 pm to RLDSC FAN
They’re gonna bust his arse for market manipulation if he keeps this up.
That said, frick em, who cares if these incels get burnt
That said, frick em, who cares if these incels get burnt
Posted on 6/3/24 at 12:08 am to RLDSC FAN
I don’t see how y’all keep up with this shite.
Posted on 6/3/24 at 3:21 am to Rize
Easy it's a money making opportunity in the stock market
Posted on 6/3/24 at 3:55 am to TchoupitoulasTiger
quote:
I think you’d be better off buying the June 14’s than the contracts expiring this week. If you buy the contracts expiring this Friday you won’t be able to capture the earnings volatility. It’s your money, but I see buying short dated options as basically buying a spike in volatility, not necessarily a spike in price.
Yeah, MF'ers......WHAT HE SAID!!!
Posted on 6/3/24 at 3:56 am to RLDSC FAN
Unless roaring kitty comes out in a video I doubt that is him. He got in so much trouble with the trials for pumping that stock when people lost money. I bet an entity took control of his Twitter especially with 200 million dollars
Posted on 6/3/24 at 4:51 am to Capt ST
GME up to $39 in pre market - up 69% 
AMC up 27% premarket
AMC up 27% premarket
Posted on 6/3/24 at 5:37 am to IT_Dawg
Need 7 more days like this to get even
Posted on 6/3/24 at 6:52 am to TchoupitoulasTiger
quote:
Kinda brilliant.
Kinda pump and dumpy.
Posted on 6/3/24 at 7:43 am to RLDSC FAN
when is this going to come out that its the CEO's son or something pushing this stock
Posted on 6/3/24 at 7:47 am to RLDSC FAN
i guess people will just never learn
can't argue with the logic here, millions of dumb cult followers that do whatever you do, why not profit off it
can't argue with the logic here, millions of dumb cult followers that do whatever you do, why not profit off it
Posted on 6/3/24 at 8:22 am to DVinBR
Posted on 6/3/24 at 8:26 am to RLDSC FAN
Only wall street is allowed to manipulate stocks!!!
Posted on 6/3/24 at 8:46 am to RLDSC FAN
Uh, welcome to a three weeks ago? 
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