GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (2024)

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Posted on 6/2/24 at 11:12 pm

Posted by RLDSC FAN GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (1)

Rancho Cucamonga, CA

Member since Nov 2008

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Posted on 6/2/24 at 11:12 pm

quote:
Meme stockGameStopis 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 by Capt ST GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (5)

Hotel California

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Posted on 6/2/24 at 11:17 pm to RLDSC FAN

Will come crashing down by Wednesday or Thursday.

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Posted by LSUAngelHere1 GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (9)

Watson

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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

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Posted by TchoupitoulasTiger GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (13)

NOLA

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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.

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Posted by TchoupitoulasTiger GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (17)

NOLA

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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

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Posted by Capt ST GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (21)

Hotel California

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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.

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Posted by tylerlsu2008 GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (25)

Zurich

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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 GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (26)

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Posted by Rize GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (30)

GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (31)

Spring Texas

Member since Sep 2011

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Posted on 6/3/24 at 12:08 am to RLDSC FAN

I don’t see how y’all keep up with this sh*te.

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Posted by CenlaLowell GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (35)

Alexandria, la

Member since Apr 2016

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Posted on 6/3/24 at 3:21 am to Rize

Easy it's a money making opportunity in the stock market

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Posted by Mud_Bone GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (39)

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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!!!

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TD Sponsor GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (43)

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Posted by GeauxZone90 GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (44)

Baton Rouge

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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

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Posted by IT_Dawg GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (48)

Georgia

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Posted on 6/3/24 at 4:51 am to Capt ST

GME up to $39 in pre market - up 69% GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (49)

AMC up 27% premarket

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Posted by Ballyboy

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Posted on 6/3/24 at 5:37 am to IT_Dawg

Need 7 more days like this to get even

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Posted by CHGAR

Haile, LA

Member since Aug 2022

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Posted on 6/3/24 at 6:52 am to TchoupitoulasTiger

quote:
Kinda brilliant.

Kinda pump and dumpy.

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Posted by AubieinNC2009 GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (59)

Mountain NC

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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

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Posted by DVinBR GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (63)

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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

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Posted by RLDSC FAN GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (67)

Rancho Cucamonga, CA

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Posted on 6/3/24 at 8:22 am to DVinBR

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Posted by upgrayedd GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (71)

GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (72)

Lifting at Tobin's house

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Posted on 6/3/24 at 8:26 am to RLDSC FAN

Only wall street is allowed to manipulate stocks!!!

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Posted by bayoubengals88

GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (76)

LA

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Posted on 6/3/24 at 8:46 am to RLDSC FAN

Uh, welcome to a three weeks ago? GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 mil (77)

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