OK Uncle..Roaring Kitty to go live at the top of the hour

June 07, 2024 at 04:56PM
Uncle….(I give up).

Roaring Kitty live stream is to go live at the top of the hour.

The stock of Gamestop is trading near $38. The high price reached $48 (it was higher in after-hours trading).The low prices and $32.03.

Gill, also known as DeepF——Value on Reddit, reappeared online after over three years since igniting the 2021 trading frenzy that affected short-selling hedge funds.

Recently, he posted screenshots of his E-trade portfolio, revealing his holdings of 5 million GameStop shares and 120,000 call options with a strike price of $20 a share (well in the morning), with a combined market value of at least $200 million. As of Thursday night, he retained these positions. If Gill exercises the call options, his stake could increase to 17 million shares, potentially worth over $1 billion if the stock price reaches its May high of $64.83 per share.

This article was written by Greg Michalowski at www.forexlive.com.

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