He's using his influence to manipulate the stock price. Well, duh! Plus hedge funds don't report their holdings to Reddit or Youtube.
Also is 50K even considered "huge"? What's up with all these little puny asses? Has penny stocks messed up their heads or what?
I'm working off memory but I think he shorted it at $50-ish and it went to $400 in like 2 days. That's sounds pretty parabolic to me. The thread is probably archived somewhere but I'm too lazy to look it up.
Anyway, back to Roaring Kitty. I was told by this one douchebag not to be such a crybaby. Well, isn't Roaring Kitty the real crybaby? If not, why the fck does he need to make all these screenshots? And if it weren't for all of his Reddit minions who drive up GME price for him, would he still be around? To say this is trading is laughable. It's downright insulting.
He went from nothing to $300M+ I don't care what he does... he did something right. David Gilmour is only worth $180MM https://wealthygorilla.com/richest-rockstars-world/ And odds are his name will be around longer than R. Kitty
What has me scratching my head is the stock is not only not crashing but is almost getting stronger the last few days. That cant be just kids on their iPhone and Robinhood account like it was in 2021. I mean it traded 107 million shares today for cripes sake. For a $29 stock! Gotta be some big players in there as well.
The whale algo's heard the craps table at Casino GME has heated up again. The retail players are along for the ride now. Best algo wins. Probably the ones running the Blackwell chipsets by NVDA.
Seems like it's completely driven by algos. Its price movements are very inorganic. The only reason it went down on Friday was that they had 75 million shares to unload. It wasn't that the Reddit yolo crowd was getting margin called.