Is Roaring Kitty Manipulating GameStop (NYSE:GME) Stock?
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The return of the meme frenzy’s central figure to social media has caused high volatility in GameStop stock and other meme stocks. Is he doing something wrong? Keith “Roaring Kitty” Gill is an ordinary trader who became known primarily between 2020 and 2021 for spreading his unconventional investment theses on GameStop (NYSE:GME) via his YouTube channel.…
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“Roaring Kitty” has skin in the game. The protagonist of the meme frenzy is bullish on GameStop, revealing in the latest update of his portfolio that he holds more than 5 million shares in the company. “Roaring Kitty” Gill has revealed his updated portfolio on Reddit, showing he holds over 5 million GameStop shares, 120,000…
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Dell Technologies (NYSE:DELL) reported its Fiscal Q1 2025 results, which beat market estimates, but this was not enough to prevent a massive sell-off. After hours, the stock dropped 17%, and this decline extended into the May 31 pre-market. Dell’s FQ1 2025 earnings review The Round Rock-based company delivered nearly everything investors wanted to hear. Sales…
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Despite recent turbulence, Trump Media & Technology Group stock shows signs of resilience as it climbs back toward its all-time highs. The company’s fate intertwines with Trump’s legal battles and meme stock dynamics, shaping its volatile trajectory. DJT’s recent surge is partly attributed to heightened investor attention surrounding Trump’s impending trial verdict, underscoring the close…
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After a very successful equity offering, GameStop has nearly doubled its cash position and is ready to go on the offensive. Video game retailer GameStop (NYSE:GME) jumped 25% in pre-market trading on May 28, following the news that the company raised $933 million in cash from a recent equity offering. This offering involved the sale…
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Hims & Hers Health rapidly grows in the health and wellness market with its digital platform and new weight loss treatments, attracting investors despite competitive and execution risks. Hims & Hers Health, Inc. is gaining attention for its digital health platform, offering products in sexual health, dermatology, mental health, and weight loss, with significant revenue…
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Key investors like Buffett, Dalio, Burry, and Druckenmiller reshaped portfolios in Q1 2024, reflecting diverse strategies amid market shifts. Warren Buffett sold a significant portion of his Apple holdings and bought Chubb, citing future tax concerns. Ray Dalio increased his tech stock investments while selling consumer-related stocks like Pinduoduo and Coca-Cola. Stanley Druckenmiller reduced his…
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Michael Burry’s increased investments in Alibaba and JD.com highlight optimism in undervalued Chinese equities despite significant risks, suggesting potential opportunities for value-focused investors. Michael Burry’s Scion Asset Management significantly increased investments in Alibaba and JD.com, indicating optimism about Chinese equities despite inherent risks. Alibaba’s valuation remains attractive compared to Amazon’s, and it trades at significantly…
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The rally of GameStop and other meme stocks appears to have stopped. However, it’s still too early for short sellers to celebrate, as their recent gains have turned into losses in just two trading sessions. The recent rally of GameStop and other meme stocks, sparked by Keith “Roaring Kitty” Gill’s return to social media, led…
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Diving into why the GameStop and AMC stock rally hit the brakes, we’re looking at trading halts and the shortage of out-of-the-money call options. This sheds some light on what’s driving the meme stock frenzy. The rally pause may be attributed to more than 38 trading halts imposed on GameStop and AMC stocks during a…