GameStop Mania Returns! "Roaring Kitty" Drops $116M Bomb 💣
Strap in for another wild meme stock ride! GameStop shares exploded over 70% in pre-market trading after the legendary "Roaring Kitty" Keith Gill resurfaced with a jaw-dropping $116 million bet on the video game retailer.
In his first Reddit post in 3 years, the man who sparked the 2021 GameStop frenzy revealed he now holds a massive 5 million GameStop shares worth $115.7 million PLUS 120,000 call options expiring in June. 💰
Gill's monster position immediately reignited the meme stock craze, sending AMC Entertainment soaring 26% and putting GameStop's short sellers on track for nearly $1 billion in losses.
But why is the former YouTube streamer doubling down so big on GameStop now? Does he see another epic short squeeze brewing? Or does he have faith in the company's turnaround plans under chairman Ryan Cohen?
In this video, we break down Gill's bold trade, analyze the fallout across the meme stock universe, and explore whether this could mark the beginning of another historic Reddit-driven market mania. Buckle up and get ready for some fireworks! 🚀
#MemeStocks #GME #AMC #WallStreetBets #MarketWatch #investingquotes
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The trading activity shown on TraderTV.Live are, stocks, futures and Forex purchases and sales, using real money and real-time market data. Our traders may own the securities they are trading on TraderTV.Live in their personal portfolios.
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Strap in for another wild meme stock ride! GameStop shares exploded over 70% in pre-market trading after the legendary "Roaring Kitty" Keith Gill resurfaced with a jaw-dropping $116 million bet on the video game retailer.
In his first Reddit post in 3 years, the man who sparked the 2021 GameStop frenzy revealed he now holds a massive 5 million GameStop shares worth $115.7 million PLUS 120,000 call options expiring in June. 💰
Gill's monster position immediately reignited the meme stock craze, sending AMC Entertainment soaring 26% and putting GameStop's short sellers on track for nearly $1 billion in losses.
But why is the former YouTube streamer doubling down so big on GameStop now? Does he see another epic short squeeze brewing? Or does he have faith in the company's turnaround plans under chairman Ryan Cohen?
In this video, we break down Gill's bold trade, analyze the fallout across the meme stock universe, and explore whether this could mark the beginning of another historic Reddit-driven market mania. Buckle up and get ready for some fireworks! 🚀
#MemeStocks #GME #AMC #WallStreetBets #MarketWatch #investingquotes
► Get 20% OFF your 𝐓𝐑𝐀𝐃𝐄 𝐈𝐃𝐄𝐀𝐒 subscription with code TRADERTV20: https://qrco.de/beDAFs
► Get $0 Commission Forex Trading, Earn $10k @ https://qrco.de/beVTzt
► Thank You to TrueTrading! Get Ready to Learn, Trade & Profit for 7 Days for $3! ⬇⬇ https://qrco.de/TRUTRADING
► Our Podcast: https://qrco.de/bek0i4
► Brought to you by American Aires! Announcing a knockout punch — a global marketing partnership with the UFC. https://qrco.de/AMAIRE
SIGN UP FOR A FREE DAILY WATCHLIST: https://watchlist.tradertv.live/
⬇️ Follow us on our other social media ⬇️
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📜DISCLAIMER
Legal Notice: The views and opinions expressed on TraderTV.Live are provided for information purposes only and should NOT be taken as (a) a solicitation of an offer to buy or sell a security, (b) an endorsement or recommendation of any particular security or trading strategy, or (c) investment advice.
The trading activity shown on TraderTV.Live are, stocks, futures and Forex purchases and sales, using real money and real-time market data. Our traders may own the securities they are trading on TraderTV.Live in their personal portfolios.
BEFORE MAKING ANY INVESTMENT DECISION, IT IS STRONGLY RECOMMENDED YOU SEEK ADVICE FROM A QUALIFIED BROKER OR INVESTMENT ADVISOR.
TRADERTV.LIVE DOES NOT PROVIDE OR GUARANTEE ANY FINANCIAL, LEGAL, TAX, OR ACCOUNTING ADVICE OR ADVICE REGARDING THE SUITABILITY, PROFITABILITY, OR POTENTIAL VALUE OF ANY PARTICULAR SECURITY, TRADING STRATEGY, OR INFORMATION SOURCE.
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