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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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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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…
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Keith “Roaring Kitty” Gill returns to social media, igniting a massive rally in meme stocks and causing significant losses for short sellers. With his potential to disrupt Wall Street just beginning, retail investors are bracing for more excitement. Keith Gill’s mysterious meme videos sparked a rally in GameStop and AMC stocks, drastically increasing their market…
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The main icon behind the GameStop saga is back on social media after almost three years in the dark. GameStop stock’s initial 100% up reaction says it all. Keith Gill, also known as “Roaring Kitty,” has resurfaced on social media after nearly three years, sparking a significant surge in GameStop stock. Gill’s return marks a…