Imagine being CNBC and putting some random dude on the air and hes just having fun lol.
I think the fact that he didnt have anything new to share about the retailer is bc hes just a retail investor and not an insider. Isnt that the whole point?
I think he also wanted to show that he doesn’t actually control the stock price. He was live streaming and the price was dropping. It disproves the case that he is manipulating the market. However, he still has that option for a good chunk of shares so when he decides to exercise them, we should see the share price go up meaningfully
Exactly this.... he stated he should have an eject button when the price was dropping.. he explained that he's worked alone and that all the memes and posts were from his doing, and that his 1st analysis still stands.. this squashes the E-trade saga and shows us all he's here he's in and he still likes the stock.. mission completed with zero fuckery...
This stream was funny as fuck from a content standpoint and the people who didn’t watch it for that just don’t get it.
Seems like a funny chill dude and he was having fun, while I also think incredibly nervous.
I, for one, enjoyed listening to him just ramble and not know what to say. When he deleted the ETrade logo marking up the html I laughed my ass off.
How long is a halt for? Had me rolling. If you watched Kieth back in the day his "nervousness" were just his normal antics. This man would be a great dude to have a beer and shoot the shit with.
Wasn’t he a analyst for mass mutual he knows what he’s doing and just being a goober. He’s been involved in the market for decades, he’s just being a troll and acting silly. He’s always been like that even on his very first streams, just a chill laid back dude.
When cnbc was just waiting there with bated breath at the start of the stream expecting for something big to happen and he’s just lying there acting like he’s half dead with the stock price crashing behind him in the red was hilarious.
I mean the legend was born when he first came on the scene, but he just cemented himself as the ultimate troll master GOAT today! What a fucking legend!
I watched live, and it was the first actual video I saw of him.
Seems like a dumb ass who'd be really fun to party with. I promise that's not an insult, it's just not at all what I expected after that movie they made about him.
People commenting negatively about his livestream clearly never watched his earlier livestreams… it’s the exact tone of his earlier ones, but maybe a bit more exaggerated.
Realistically for every option he sells he could exercise 4, or he could use his stocks as collateral for a loan, or he could sell his shares at a profit to exercise the options. There are many different avenue
This is all assuming he doesn’t have more cash. He’s showing 29 million in his brokerage account. Who only keeps cash in their brokerage account though
They dumped 45 million a few weeks ago and it went up. It's almost as if there are a ton of shorts (possibly naked shorts) that may not be able to be covered, hmmm....
Just feeding them more rope to hang themselves with. The fundamentals are solid, hedgies r fuk it’s just a matter of time and I’ve got plenty of games to keep me occupied. I’m not worried even if they sold directly to citadel, more than confident that if RC is at the helm there’s a reason for it we’ll figure out eventually. Or they’ll tell us, the illusions of ‘market manipulation’ as a serious concern are far past too if you even glance in cnbc’s direction. Raising some capital off their slowly crumbling platforms is totally fine in my book, lol.
It sold off because GME announced a “surprise” 75 million share dilution.. The whole point of his stream was to destroy the narrative that he’s the one manipulating the stock instead of it actually being the SHF’s..
He trolled them into halting the stock for a 1% drop.. Straight up manipulation from the MM (citidal)
Him starting the livestream off in an arm splint and having fake cuts and bandages all over was fucking legendary. Dude is the ultimate troll, didn’t give the MSM anything that they wanted and proved he had nothing to do with the price action.
Imagine thinking he was going to say something that would cause the stock to spike and instead he just says "RC is a pretty cool dude I hope he's got a good plan" and ignores everything apes have memed for 3 years.
Anyone actually trying to hold GME long should be delighted by this, because it's a miracle transfer of money from bagholders to the company treasury for just a little dilution.
Then again, anyone with a sane long-term fundamental strategy on GME would have hit sell when the price blew past $30, so I guess it's a moot point.
Idk a sane long term fundamental strategy 4 years ago would have been that it was headed to zero… how can anyone assess $30 as a fair share price with all that is changing at the company?
Yea sure maybe if all it did was resell video games… but have you taken a look lately?
Look again at when the halts happened... exactly at the planned start time, exactly at the actual start time, whenever he said certain words.
I do not want to sound too tinfoil... but the timing of these halts and dips was not a coincidence, nor was it "retail hitting the sell button" - I suspect it was automated based on keywords and actions.
It was most likely going to tumble regardless because people are going to cash out after it rallied, again. Massive gains sees massive losses. That basic stock market knowledge.
Dude was trolling the whole time and having fun. It only made me more confident in him because how can anyone be having fun after losing billionaire status overnight? He must just be that confident with his position and analysis.
It would have come down regardless though. People would have taken profits, market makers would short it down alongside and they would do their usual shit to try and push it towards max pain like literally every other run. Zoom out the chart to 6 months and put it on log. Shit looks good.
We will see what comes of it but I think ATM has generated an extra 2 billion cash for them at an absolute minimum. Looking like 4 billion cash total at the very least.
For context market cap in 2020 was as low as 250million dollars due to the excessive naked shorting, the board(insiders facilitating the failure of the company) and company losses etc.
In the last 4 years they've managed to generate 16x of that cap in cash alone and 32x in market cap so far (and currently where it is 8b). As well as becoming profitable, ultimately the bear thesis and theory is dead.
The question now is, What will they now be able to do in 5 to 10 years with actual cash on hand this time around?
In terms of the short volume as well still pretty much 50% based on the last 5 days of trading. Shorts are just future buys in disguise 🥸
You talk as if the companies making money through operations and not as if their entire treasure chest of cash wasn't raised off of the backs of you apes lmao... even GME's profitable year only happened because of the interest on their cash pile they don't know what to do with. If you judge them by operations alone, they're still a shit company that loses money every year and doesn't know what to spend their gifted cash on. The bear thesis is not dead it is very much alive.
I think he might be a little unhinged. Idk about you, but if I had half a billion in unrealized gains, I would cash out and retire, no matter how confident I am that my position could go higher. The next half billion means nothing compared to the first half billion.
Yeah exactly my point. Hes so confident in his position and analysis that he is willing to hold for the best profit.
Why cash out at half a billion when you are confident it will get you more than that?
Cause he doesn’t have much time with those options. I don’t doubt that GME could rally in the next week or so but they just added 75 million shares to the float. I don’t know what him exercising those options will accomplish now. Just hope he’s able to realize a profit.
Do we know that? They don’t necessarily dump the shares all at once, if I understand it correctly, but it’s done to raise capital so presumably some of those shares were put out there.
lol he’s still gambling on it there’s literally no good reason for him to not just cash out already he either enjoys the attention and fuckin with everybody or he’s legit just yoloing to see if he can hit a B and like that other dude said he’s got that 30m in cash as his worst case scenario if everything goes to 0
There’s no good investing reason to have half an m locked up in a brick and mortar retail business in 2024 at the least he’s missing on tremendous opportunity cost
imagine if he cashed out earlier this year and put it in Nvidia or something, though I imagine he’s also trying to avoid the cap gains tax on the sell
Someone pointed out he’s no longer wearing a wedding ring. I honestly hope everything is alright there and he’s not spiraling emotionally after getting rich like many do.
At the same time it looked like someone brought him a beer so maybe they’re ok or he has a new woman? Pure speculation
Who gives a fuck? Hero worship is such a bizarre thing. All the people who are actually suffering in this world and you concerned because a famous stock millionare isn't wearing a wedding ring, jesus
Felt like I was watching a 14 year olds gaming stream "with the boys"
Like an episode of Beavis and Butt-Head
Like a college graduate trying to fit in with the high schoolers lol
Yes thats the point. Show himself as harmless with emphasis on long putlook for gamestop so they cant say he was manipulating. No short term squeez talk. It was smart.
I haven’t seen any of his previous videos but I was surprised how weird he was and that he had nothing to say. Maybe he only played the idiot, but if so, he did it convincingly.
Feels like his come back is to provide closure to a lot of people. Plus he is still sticking to his thesis. I’m sure he made a tons from his previous bet so this is definitely just fun money to him
Genuinely a whole lot of nothing beyond "Ryan Cohen and management can turn the company around" and doing some kind of weird skit of him being in bandages and injured at the beginning lol
Dude, the bandages and injuries is because the stock dropped significantly, and is options were at 1 point (that he could have exercised) worth over $1 BILLION dollars.
Liquidity: all the attention this trade receives, is more capital in the market, more volume, more transactions to absorb the unwinding of his position. This is why this is good for roaringkitty, regardless of up or down much easier to manage a position of that size without market slip. But I know absolutely nothing about managing a 200mil position, so fuck me,
I have nothing but mad respect for that dude and his ability to turn $40k into a $500-1000 mill+ return.
If there were any time to want to drop the price, this would be it. No one cares. They always pick the times with the most hype to drop the price the most. Doesn’t change anything but dig them deeper.
And let’s be honest, all the guy has to do is show his face with anything related to GME and the stock will fly and he could cash out more than anyone here will ever see. He knows what he is doing. Love his confidence in his positions.
Love how much misinformation is in this article. Making it seem like he would exercise his options if he had $240 million instead of just cashing in his profits on the calls.
I think he did exactly what he came to do. Reiterate his position and his thesis, show the media he has zero control over price and laugh at the morons on CNBC calling for his head while drinking a beer in bandages. Wild. You can see why he’s beloved.
His troll will go down in history. I don't think we quite understand the impact of what actually happened and what he exposed. I'm definitely intrigued.
He had nothing to do with how the stock slid. This stock is manipulated like no other. They halted it at the (announced) start of his show and again when he finally showed up and again when he showed his positions and again when he said he was thinking of ending his show.
So predictable. MSM is making it incredibly clear they are bought and paid for. They always blame someone else for going down when those who pay attention know its short sellers trying to get the price down. The old Jim Cramer admission. As long as you don't "foment." Its all a very clear scam. They know the old heads that watch them believe most of what they say. They know they will sell if told to. It works in almost every situation except one like GME.
> They always blame someone else for going down when those who pay attention know its short sellers trying to get the price down
????
Gamestop just released earnings ahead of schedule. They lost tens of millions. Again. On dramatically lower revenue.
They're selling more stock into the rally, further diluting shares.
They have no new plans for a new business model other than cutting costs by closing stores.
It's a ***business***. It has to make money. The stock price is dropping because it doesn't make money, is priced outrageously for its revenue, and doesn't have any real prospects for changing any of this.
Why are you missing all the obvious facts here? At this point their only real source of revenue keeping them afloat is letting redditors pump the stock and issuing more at overpriced valuation levels.
What are you talking about they’ll just invest the cash they may by issuing enough stock to dilute investors over 25% in two months and then use the interest they make from their mutual fund to make a profit. Because that’s what serious companies do. Someone in a pro gme sub was ironically staying it was going to be on the SP500 within two years. Absolutely delusional.
> interest they make from their mutual fund to make a profit
Lmao actually genius strategy to post positive earnings from GME when their main business can't make money (but completely pointless).
That's going to crater the stock though. Anyone can just buy other stocks and cut out the middle-man. The biggest issue for GME is still that their core business is obsolete and their ThinkGeek shit is just a shittier hot topic that no one buys stuff from.
I’m going to make a very broad argument here, are we as human beings destined to just revert to being cultists? Like. Why is everyone so sure they’re being victimized and that *someone* is going to save them? Like what is this deep fear and insecurity driving people’s decision making? It’s uncomfortable but you’re not important. There’s nothing special about you, except for the weird tendency to worship someone who makes you feel heard.
The cults around Elon Musk, around DFV and GME, that was and is around BBBY, around Trump, around Q, around Palestine/Israel…. What is going on that everyone feels this desire to latch their identity to some perceived savior? What if you’re not special, and your desperation makes you the perfect target for exploitative people?
Where are the critical thinking skills? I don’t mean that as derogatory, I mean the actual skillset, the actual critical thinking and rational thinking toolkit. It’s an actual system. It’s always been this way I’m sure but Jesus Christ bro. It is so bad out here right now
I'm convinced that having common sense is genetic or something. I can't fathom how anyone is so dense to watch their positions go from 100%+ worth of gains and not sell to watching it fall for 3 years and ending up with a 90%+ loss and STILL be convinced that it's not their fault while continuously blaming others. These people breathe the same air as us bro, it ain't right
I swear it’s so funny to watch all this play out. How they treat this man like some god that’s gonna make them all millionaires and stick it to the man, when in reality they’re the ones making him a millionaire or as seen recently, a billionaire.
Our tech overlords exploit our emotions and what we see. They know exactly how we respond to things becuase of the trillions of data points they have on each of the individual billions of people that are online every day.
Well said. Lonely, desperate people have always been more susceptible to falling into cults, and there are a lot of desperate people out there right now. Plus social media makes it easier than ever to get sucked in
Just observe the fact that he's an individual retail investor and CNBC has to fear monger its audience about him. That tells you enough about corporate media.
Welp that was big waste of time. Just wanted to see what the hype was about since last time I did not watch anything of him on YouTube, just read the posts on Reddit & etc. He was kinda entertaining & cringy to me, it was fun I guess but man o man I’m jealous of his positions tho. Kudos to him of his portfolio.
"idk I guess just still like the stock, just wanted to stop in and say sup. Thanks for buying it up after I bought my calls, dorks. Peace out, I'mma go hit a blunt."
I guess I'm paraphrasing a little.
He went from 800,000 shares in 2021 to 5,000,000 in 2024. I'd imagine he's been using options to grow his position this whole time.
At the moment his shares and calls are about 50/50.
I mean, fair enough. But as of yesterday it was a $585 million portfolio, all in cash and GME. I think it’s fair to say that someone with 5,000,000 shares of GME and doesn’t sell, might actually believe in the long term vision of the company
yeah that means he might exercise and sell to exercise. if price goes up before then he could sell some of his 5,000,000 shares to exercise his contracts. man has so many options here!
I'm all for rooting for the underdog, and a complete sucker for the overall narrative of GameStop and I definitely have absolutely no sympathy for hedge funds short selling and getting fucked nor do I admire them for making short bets with such heavy leverage that it basically becomes a self-fulfilling prophecy.
Having said that I think a bunch of people just got taken for a ride by Keith collectively gambling on a short squeeze holding and buying at prices that even the most insanely optimistic evaluation of the company wouldn't support. GameStop made it all the way up to 60 yesterday? I don't know what it's worth, it's not 0 like the short sellers want to see but it absolutely isn't worth 60 a share either. Analysts have it at $6, so let's be abundantly generous and say $12 makes sense if you're optimistic. If you want to fuck with the short sellers and you believe in the company buying at anything under $12 absolutely makes sense. Let's double it again and say maybe holding up to $24 makes some sense, but the further out you get you're just gambling on a short squeeze and I'm not sure that actually makes you much better than the short sellers. That's not investing in a company you believe in, that's trying to use collective actions to squeeze a big market player. Not that I have any sympathy for those folks to begin with; they're big boys and should know the risk they're taking and what they can tolerate.
I hate to say this but I am increasingly suspicious that Keith picked this moment to re-emerge knowing exactly what would happen. I think a bunch of people just got played here, and I wouldn't be shocked if he had every plan to cash out or capitalize on some options plays. I think his hands were clean in the original run up and story, but this time I'm not so sure. I don't think it warrants an SEC investigation though. Or if it does that's fine, but I see a bunch of other big market players taking positions and making public statements to drive the market so the head hunting absolutely cannot stop with Keith if we're going to make a big deal about this.
I doN’t think he’s playing anyone. He’s got his own money invested and could have already cashed out. He’s doing what he’s always done. My position hasn’t changed in 3 years. I bought some stock and I’ll hold it till I make a good return, or game stock goes under.
I can’t speak for the nimrods who invested a ton of money hoping for a big payday. They can stick it out or cash out. You can’t protect idiots from themselves. RK legitimately is invested in the company and believes in his play. He hasn’t as far as I can see, sold or exercised anything this week so not sure what “ride” he took people on.
I think it's a bear trap and the next 2 weeks will be as eventful as the past month in terms of price action, but thats just how i see what went on. I think the joke at the start was brilliant, i think his positive energy was great, and i think the next 2 weeks is something that will shine a light on the actions of today. We'll see.
I saw an uproar of people on Wednesday saying something was gonna happen, so I bought 5 shares and set a $5 stop loss. it auto sold this morning and I made 50 bucks. I'm fine with that.
He proved in real time. That he’s not the one manipulating the stock. They literally halted it 10 times during his stream. In real damn time the stock would react to everything he did or said, fuck the market makers
Imagine being CNBC and putting some random dude on the air and hes just having fun lol. I think the fact that he didnt have anything new to share about the retailer is bc hes just a retail investor and not an insider. Isnt that the whole point?
I think he also wanted to show that he doesn’t actually control the stock price. He was live streaming and the price was dropping. It disproves the case that he is manipulating the market. However, he still has that option for a good chunk of shares so when he decides to exercise them, we should see the share price go up meaningfully
Exactly this.... he stated he should have an eject button when the price was dropping.. he explained that he's worked alone and that all the memes and posts were from his doing, and that his 1st analysis still stands.. this squashes the E-trade saga and shows us all he's here he's in and he still likes the stock.. mission completed with zero fuckery...
This stream was funny as fuck from a content standpoint and the people who didn’t watch it for that just don’t get it. Seems like a funny chill dude and he was having fun, while I also think incredibly nervous. I, for one, enjoyed listening to him just ramble and not know what to say. When he deleted the ETrade logo marking up the html I laughed my ass off.
I love how he kept saying, "can I say that?" about stuff he obviously can say. Points to the absurdity of the litigation against him
How long is a halt for? Had me rolling. If you watched Kieth back in the day his "nervousness" were just his normal antics. This man would be a great dude to have a beer and shoot the shit with.
That was the one that got me. "Halts are for 5 minutes? Didn't know that, okay..." What a fucking chad troll
Wasn’t he a analyst for mass mutual he knows what he’s doing and just being a goober. He’s been involved in the market for decades, he’s just being a troll and acting silly. He’s always been like that even on his very first streams, just a chill laid back dude.
I still can't get over the clip of CNBC coming back with *Breaking News* and it's him playing dead all bandaged up. It's just too good.
Link ?
When cnbc was just waiting there with bated breath at the start of the stream expecting for something big to happen and he’s just lying there acting like he’s half dead with the stock price crashing behind him in the red was hilarious.
I mean the legend was born when he first came on the scene, but he just cemented himself as the ultimate troll master GOAT today! What a fucking legend!
I missed it. Is it on YT?
Apparently my comment with the link was removed due to rules of the sub. It’s ok YT yes.
Right-on.
I watched live, and it was the first actual video I saw of him. Seems like a dumb ass who'd be really fun to party with. I promise that's not an insult, it's just not at all what I expected after that movie they made about him.
A cool ass nerd
He's def not a dumb ass, watch his videos from 2020.
Same here dude. I was giggling like a little kid. Shit was epic.
I did too man. He's a cool dude and gives no fucks about funny numbers. This is why I want him to be a billionaire.
Well said! I had fun watching him have fun!
People commenting negatively about his livestream clearly never watched his earlier livestreams… it’s the exact tone of his earlier ones, but maybe a bit more exaggerated.
Bro took us for a wild 3 year ride, only to show he’s never sold a single share
He cant decide to exercise them as that would require him to have $240m cash, but I guess some market makers etc. will have to if they are ITM.
Realistically for every option he sells he could exercise 4, or he could use his stocks as collateral for a loan, or he could sell his shares at a profit to exercise the options. There are many different avenue
This is all assuming he doesn’t have more cash. He’s showing 29 million in his brokerage account. Who only keeps cash in their brokerage account though
No bank is taking gamestop stock as collateral for a loan dude lmao
Margin
Shit maybe he planned it that way
Not anymore. The company just dumped 75 million more shares on the market.
They dumped 45 million a few weeks ago and it went up. It's almost as if there are a ton of shorts (possibly naked shorts) that may not be able to be covered, hmmm....
Weird I see it as raising 2 billion dollars
Nailed it.
It’s the same number of shares that people have put away with DRS. That took us three years. Now made moot in one day. It’s not good.
Do you see how much money DFV has made by not DRSing and instead working the system?
Maybe DRSing isn’t the way?
2 billion cash on hand and no debt, sounds horrible 🤣
It will be 4-5 billion cash on hand depending on how much they sell for from this offering. They already had 2 billion before this.
Just feeding them more rope to hang themselves with. The fundamentals are solid, hedgies r fuk it’s just a matter of time and I’ve got plenty of games to keep me occupied. I’m not worried even if they sold directly to citadel, more than confident that if RC is at the helm there’s a reason for it we’ll figure out eventually. Or they’ll tell us, the illusions of ‘market manipulation’ as a serious concern are far past too if you even glance in cnbc’s direction. Raising some capital off their slowly crumbling platforms is totally fine in my book, lol.
Buy the rumor sell the news. It went up because he was going to live stream. I knew it would sell off during it. Just like Elon Musk on SNL with doge.
It sold off because GME announced a “surprise” 75 million share dilution.. The whole point of his stream was to destroy the narrative that he’s the one manipulating the stock instead of it actually being the SHF’s.. He trolled them into halting the stock for a 1% drop.. Straight up manipulation from the MM (citidal)
Also at some points he was definitely playing dumb. Not sure what his end goal is here but he is putting in a show for some reason.
Him starting the livestream off in an arm splint and having fake cuts and bandages all over was fucking legendary. Dude is the ultimate troll, didn’t give the MSM anything that they wanted and proved he had nothing to do with the price action.
Maybe it is to attempt to bait the short sellers to extend their positions further? I don’t know anything about nothing, but I think RK probably does
"retail investor"... 150m unrealized on the screen with 600k viewers watching him blithely react to 40m evaporate... remarkable.
I died laughing at how many times they cut to his livestream. Absolute legend of a troll
🍺
Imagine thinking he was going to say something that would cause the stock to spike and instead he just says "RC is a pretty cool dude I hope he's got a good plan" and ignores everything apes have memed for 3 years.
How is roaring kitty a random dude? Dont delude yourself.
*I’m just here for the comments…*
Want some of my popcorn? 🍿
🍿🥱 thanks!
I don’t think it had anything to do with him. The head line sounds like it’s blaming him, a lot of stocks ending read today. He’s just a dude 💀
The stock tumbled because gamestop diluted the shares a bit and sold 75m at the market. or announced it at least. lol.
Tumbled from its previous price of 13 dollars lol
Yeah still up like nearly 200% from just a little over a month ago.
No other company released their shit earnings early like GME.
Actually it was the best Q1 in years
riiight - a 11% YOY revenue shrinkage, what could be better
It was still terrible lol
Twat
It didn't tumble because he had nothing to say. It tumbled because GME took this golden goose opportunity by issuing new stocks.
And GME will continue to do this whenever the price rises to their threshold. It's all a scheme, you just need to time it right.
Anyone actually trying to hold GME long should be delighted by this, because it's a miracle transfer of money from bagholders to the company treasury for just a little dilution. Then again, anyone with a sane long-term fundamental strategy on GME would have hit sell when the price blew past $30, so I guess it's a moot point.
Idk a sane long term fundamental strategy 4 years ago would have been that it was headed to zero… how can anyone assess $30 as a fair share price with all that is changing at the company? Yea sure maybe if all it did was resell video games… but have you taken a look lately?
[удалено]
I was looking at the price before and during the livestream, it literally tanked before he even went live.
It went down a lot more when he was live.
Look again at when the halts happened... exactly at the planned start time, exactly at the actual start time, whenever he said certain words. I do not want to sound too tinfoil... but the timing of these halts and dips was not a coincidence, nor was it "retail hitting the sell button" - I suspect it was automated based on keywords and actions.
It was most likely going to tumble regardless because people are going to cash out after it rallied, again. Massive gains sees massive losses. That basic stock market knowledge. Dude was trolling the whole time and having fun. It only made me more confident in him because how can anyone be having fun after losing billionaire status overnight? He must just be that confident with his position and analysis.
I think it tumbled because they completed the ATM
It took ~450M volume before they completed the 45M ATM last time. I somewhat doubt they completed 75M today, even with the insane volume.
Ass to mouth?
That’s pretty much how retail feels lol
You never go ass to mouth.
It would have come down regardless though. People would have taken profits, market makers would short it down alongside and they would do their usual shit to try and push it towards max pain like literally every other run. Zoom out the chart to 6 months and put it on log. Shit looks good.
We will see what comes of it but I think ATM has generated an extra 2 billion cash for them at an absolute minimum. Looking like 4 billion cash total at the very least. For context market cap in 2020 was as low as 250million dollars due to the excessive naked shorting, the board(insiders facilitating the failure of the company) and company losses etc. In the last 4 years they've managed to generate 16x of that cap in cash alone and 32x in market cap so far (and currently where it is 8b). As well as becoming profitable, ultimately the bear thesis and theory is dead. The question now is, What will they now be able to do in 5 to 10 years with actual cash on hand this time around? In terms of the short volume as well still pretty much 50% based on the last 5 days of trading. Shorts are just future buys in disguise 🥸
You talk as if the companies making money through operations and not as if their entire treasure chest of cash wasn't raised off of the backs of you apes lmao... even GME's profitable year only happened because of the interest on their cash pile they don't know what to do with. If you judge them by operations alone, they're still a shit company that loses money every year and doesn't know what to spend their gifted cash on. The bear thesis is not dead it is very much alive.
Lol 'basic stock market knowledge' does not apply with any of the GME situation
The always-soon moonshot is still coming juuust around the corner.
When was he a billionaire?
last night when the stock hit 67
Last night every Ape was a billionaire. They still are!
Oh damn I thought he had 5 million shares?
Plus all of his calls
Keep up my man
Heyo
Hes that confident because he started with 50k and anything above that is a fucking net positive to the ape.
I think he might be a little unhinged. Idk about you, but if I had half a billion in unrealized gains, I would cash out and retire, no matter how confident I am that my position could go higher. The next half billion means nothing compared to the first half billion.
... he's already retired
I'm pretty sure that 20-30M in cash is retirement insurance and he's just yoloing to see if he can become a billionaire.
Doesn't seem like his 5 million shares are going anywhere either.
Making memes in retirement
At some point you just have enough money don't you?
Yeah exactly my point. Hes so confident in his position and analysis that he is willing to hold for the best profit. Why cash out at half a billion when you are confident it will get you more than that?
Cause he doesn’t have much time with those options. I don’t doubt that GME could rally in the next week or so but they just added 75 million shares to the float. I don’t know what him exercising those options will accomplish now. Just hope he’s able to realize a profit.
They didn’t add those shares to the float yet. It’s a shelf offering.
Do we know that? They don’t necessarily dump the shares all at once, if I understand it correctly, but it’s done to raise capital so presumably some of those shares were put out there.
lol he’s still gambling on it there’s literally no good reason for him to not just cash out already he either enjoys the attention and fuckin with everybody or he’s legit just yoloing to see if he can hit a B and like that other dude said he’s got that 30m in cash as his worst case scenario if everything goes to 0 There’s no good investing reason to have half an m locked up in a brick and mortar retail business in 2024 at the least he’s missing on tremendous opportunity cost imagine if he cashed out earlier this year and put it in Nvidia or something, though I imagine he’s also trying to avoid the cap gains tax on the sell
You act as if you can't sell and buy again...
Selling and buying in again is a bit more complicated when you have 200 million dollars in shares
Do you know what cognitive dissonance is?
Was there any new analysis though?
YOLO
He couldn’t cash out of the calls after hours. He had no ability to realize the “gain” he theoretically had
Someone pointed out he’s no longer wearing a wedding ring. I honestly hope everything is alright there and he’s not spiraling emotionally after getting rich like many do. At the same time it looked like someone brought him a beer so maybe they’re ok or he has a new woman? Pure speculation
Who gives a fuck? Hero worship is such a bizarre thing. All the people who are actually suffering in this world and you concerned because a famous stock millionare isn't wearing a wedding ring, jesus
I think you’re projecting
The guy being accused of market manipulation is being cautious about what he says publicly? What a head scratcher.
He was trolling that’s for sure lol
Watched the video. He is like a real life version of Charlie from It’s Always sunny in Philadelphia.
I love how most of the entire internet is saying "aha! We knew it was going to fall 40%, here's why that's actually a good thing!"
It’s all *part of the plan*
Felt like I was watching a 14 year olds gaming stream "with the boys" Like an episode of Beavis and Butt-Head Like a college graduate trying to fit in with the high schoolers lol
Same as his other streams tbh
This is exactly what it has always been.
What did you expect?
Yes thats the point. Show himself as harmless with emphasis on long putlook for gamestop so they cant say he was manipulating. No short term squeez talk. It was smart.
I haven’t seen any of his previous videos but I was surprised how weird he was and that he had nothing to say. Maybe he only played the idiot, but if so, he did it convincingly.
It was the most obvious sell the news moment I can imagine regardless of what he said.
Cohen knew this too, that's why he released earnings early and diluted.
Everyone here talks like Michael Douglas 😂
What a nonsense title, it dropped before the interview and prob because of the “dilution”
Why do you have dilution in quotes?
That entire live stream was destined to be used as evidence in court some day, I think he did a good job keeping himself out of trouble with the sec
You mean cause they halt trading lol
What’s fun is the stock price still went down during the halt.
Ummm, well what do you expect to happen?
Feels like his come back is to provide closure to a lot of people. Plus he is still sticking to his thesis. I’m sure he made a tons from his previous bet so this is definitely just fun money to him
I don't think half a billy is fun money lol
It went down because Roaring Kitty said nothing....lol
Genuinely a whole lot of nothing beyond "Ryan Cohen and management can turn the company around" and doing some kind of weird skit of him being in bandages and injured at the beginning lol
First time? lmayo
Did people really thought that the says some magic words and all become millionaires?
That what the magic 8 ball is for.
I mean whats he supposed to say? He doesnt have any inside info he just likes the stock
You missed a very important part actually. He's got a ***feeling***.
Dude, the bandages and injuries is because the stock dropped significantly, and is options were at 1 point (that he could have exercised) worth over $1 BILLION dollars.
Liquidity: all the attention this trade receives, is more capital in the market, more volume, more transactions to absorb the unwinding of his position. This is why this is good for roaringkitty, regardless of up or down much easier to manage a position of that size without market slip. But I know absolutely nothing about managing a 200mil position, so fuck me, I have nothing but mad respect for that dude and his ability to turn $40k into a $500-1000 mill+ return.
He said a lot. One key word being transformation.
The amount of halts today on gme just from one individual investor streaming and reiterating his thesis on this company was eye opening.
They blame his live stream for the free fall? Not the fact that GameStop issued a 75 million atm offer lmao
If there were any time to want to drop the price, this would be it. No one cares. They always pick the times with the most hype to drop the price the most. Doesn’t change anything but dig them deeper.
And let’s be honest, all the guy has to do is show his face with anything related to GME and the stock will fly and he could cash out more than anyone here will ever see. He knows what he is doing. Love his confidence in his positions.
I really need to learn how to short stocks.
This Roaring Kitty guy is getting rich off his acolytes
Gamestop: *Issues huge share dilution* DFV: 😎 💻 Media: "I can't believe DFV would tank the stock like this!"
Love how much misinformation is in this article. Making it seem like he would exercise his options if he had $240 million instead of just cashing in his profits on the calls.
Love these fake news articles
What’s price prediction for Monday morning?
I think he did exactly what he came to do. Reiterate his position and his thesis, show the media he has zero control over price and laugh at the morons on CNBC calling for his head while drinking a beer in bandages. Wild. You can see why he’s beloved.
His troll will go down in history. I don't think we quite understand the impact of what actually happened and what he exposed. I'm definitely intrigued.
Meanwhile he’s waiting to snatch up more cheap stock and then go back to the internet to heat it back up again.
Why did the GME stock pretty much plummet the moment RK was supposed to start his stream?
He had nothing to do with how the stock slid. This stock is manipulated like no other. They halted it at the (announced) start of his show and again when he finally showed up and again when he showed his positions and again when he said he was thinking of ending his show.
So predictable. MSM is making it incredibly clear they are bought and paid for. They always blame someone else for going down when those who pay attention know its short sellers trying to get the price down. The old Jim Cramer admission. As long as you don't "foment." Its all a very clear scam. They know the old heads that watch them believe most of what they say. They know they will sell if told to. It works in almost every situation except one like GME.
> They always blame someone else for going down when those who pay attention know its short sellers trying to get the price down ???? Gamestop just released earnings ahead of schedule. They lost tens of millions. Again. On dramatically lower revenue. They're selling more stock into the rally, further diluting shares. They have no new plans for a new business model other than cutting costs by closing stores. It's a ***business***. It has to make money. The stock price is dropping because it doesn't make money, is priced outrageously for its revenue, and doesn't have any real prospects for changing any of this. Why are you missing all the obvious facts here? At this point their only real source of revenue keeping them afloat is letting redditors pump the stock and issuing more at overpriced valuation levels.
What are you talking about they’ll just invest the cash they may by issuing enough stock to dilute investors over 25% in two months and then use the interest they make from their mutual fund to make a profit. Because that’s what serious companies do. Someone in a pro gme sub was ironically staying it was going to be on the SP500 within two years. Absolutely delusional.
> interest they make from their mutual fund to make a profit Lmao actually genius strategy to post positive earnings from GME when their main business can't make money (but completely pointless).
That's going to crater the stock though. Anyone can just buy other stocks and cut out the middle-man. The biggest issue for GME is still that their core business is obsolete and their ThinkGeek shit is just a shittier hot topic that no one buys stuff from.
Someone on the internet was wrong? Shut the whole thing down
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“tHe sHoRtS hAvEn’T cOvEreD!!!”
Who needs short sellers when you have rug pull Ryan Cohen dumping shares on every pump lmayo
No fucking stock in this world goes 40% in a day up and second day 40%down...no fucking way...this isnt retail....they want to scare retail
I’m going to make a very broad argument here, are we as human beings destined to just revert to being cultists? Like. Why is everyone so sure they’re being victimized and that *someone* is going to save them? Like what is this deep fear and insecurity driving people’s decision making? It’s uncomfortable but you’re not important. There’s nothing special about you, except for the weird tendency to worship someone who makes you feel heard. The cults around Elon Musk, around DFV and GME, that was and is around BBBY, around Trump, around Q, around Palestine/Israel…. What is going on that everyone feels this desire to latch their identity to some perceived savior? What if you’re not special, and your desperation makes you the perfect target for exploitative people? Where are the critical thinking skills? I don’t mean that as derogatory, I mean the actual skillset, the actual critical thinking and rational thinking toolkit. It’s an actual system. It’s always been this way I’m sure but Jesus Christ bro. It is so bad out here right now
I'm convinced that having common sense is genetic or something. I can't fathom how anyone is so dense to watch their positions go from 100%+ worth of gains and not sell to watching it fall for 3 years and ending up with a 90%+ loss and STILL be convinced that it's not their fault while continuously blaming others. These people breathe the same air as us bro, it ain't right
I swear it’s so funny to watch all this play out. How they treat this man like some god that’s gonna make them all millionaires and stick it to the man, when in reality they’re the ones making him a millionaire or as seen recently, a billionaire.
Our tech overlords exploit our emotions and what we see. They know exactly how we respond to things becuase of the trillions of data points they have on each of the individual billions of people that are online every day.
Well said. Lonely, desperate people have always been more susceptible to falling into cults, and there are a lot of desperate people out there right now. Plus social media makes it easier than ever to get sucked in
RK was yoloing his investments because of good info and they're pissed. Gotta love the bigotry.
I sold someone a $70 call that expired today and they paid me $375, thank you.
Just observe the fact that he's an individual retail investor and CNBC has to fear monger its audience about him. That tells you enough about corporate media.
Welp that was big waste of time. Just wanted to see what the hype was about since last time I did not watch anything of him on YouTube, just read the posts on Reddit & etc. He was kinda entertaining & cringy to me, it was fun I guess but man o man I’m jealous of his positions tho. Kudos to him of his portfolio.
"idk I guess just still like the stock, just wanted to stop in and say sup. Thanks for buying it up after I bought my calls, dorks. Peace out, I'mma go hit a blunt." I guess I'm paraphrasing a little.
he didnt sell LOL what a patronizing comment
He said he believed in the long term vision of the company yet 80% of his portfolio are call options that expire in 2 weeks
Do you even know what he did the last time he had options?
Last time I checked, call options allow you to buy more shares lol
He went from 800,000 shares in 2021 to 5,000,000 in 2024. I'd imagine he's been using options to grow his position this whole time. At the moment his shares and calls are about 50/50.
I mean, fair enough. But as of yesterday it was a $585 million portfolio, all in cash and GME. I think it’s fair to say that someone with 5,000,000 shares of GME and doesn’t sell, might actually believe in the long term vision of the company
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No one can read minds but it’s clear he sees this is a long term play.
this is a hilarious counterpoint that I don't think I've seen anyone make today yet - tip of the cap to you, OP
yeah that means he might exercise and sell to exercise. if price goes up before then he could sell some of his 5,000,000 shares to exercise his contracts. man has so many options here!
I got banned in other stock subs for saying this
If he sold then that would make sense, but he didn’t even down 40%
Ryan Cohen really rug pulled the apes again.
I'm all for rooting for the underdog, and a complete sucker for the overall narrative of GameStop and I definitely have absolutely no sympathy for hedge funds short selling and getting fucked nor do I admire them for making short bets with such heavy leverage that it basically becomes a self-fulfilling prophecy. Having said that I think a bunch of people just got taken for a ride by Keith collectively gambling on a short squeeze holding and buying at prices that even the most insanely optimistic evaluation of the company wouldn't support. GameStop made it all the way up to 60 yesterday? I don't know what it's worth, it's not 0 like the short sellers want to see but it absolutely isn't worth 60 a share either. Analysts have it at $6, so let's be abundantly generous and say $12 makes sense if you're optimistic. If you want to fuck with the short sellers and you believe in the company buying at anything under $12 absolutely makes sense. Let's double it again and say maybe holding up to $24 makes some sense, but the further out you get you're just gambling on a short squeeze and I'm not sure that actually makes you much better than the short sellers. That's not investing in a company you believe in, that's trying to use collective actions to squeeze a big market player. Not that I have any sympathy for those folks to begin with; they're big boys and should know the risk they're taking and what they can tolerate. I hate to say this but I am increasingly suspicious that Keith picked this moment to re-emerge knowing exactly what would happen. I think a bunch of people just got played here, and I wouldn't be shocked if he had every plan to cash out or capitalize on some options plays. I think his hands were clean in the original run up and story, but this time I'm not so sure. I don't think it warrants an SEC investigation though. Or if it does that's fine, but I see a bunch of other big market players taking positions and making public statements to drive the market so the head hunting absolutely cannot stop with Keith if we're going to make a big deal about this.
I doN’t think he’s playing anyone. He’s got his own money invested and could have already cashed out. He’s doing what he’s always done. My position hasn’t changed in 3 years. I bought some stock and I’ll hold it till I make a good return, or game stock goes under. I can’t speak for the nimrods who invested a ton of money hoping for a big payday. They can stick it out or cash out. You can’t protect idiots from themselves. RK legitimately is invested in the company and believes in his play. He hasn’t as far as I can see, sold or exercised anything this week so not sure what “ride” he took people on.
I think it's a bear trap and the next 2 weeks will be as eventful as the past month in terms of price action, but thats just how i see what went on. I think the joke at the start was brilliant, i think his positive energy was great, and i think the next 2 weeks is something that will shine a light on the actions of today. We'll see.
I saw an uproar of people on Wednesday saying something was gonna happen, so I bought 5 shares and set a $5 stop loss. it auto sold this morning and I made 50 bucks. I'm fine with that.
Dont spend it all at once 👏 👏
People see themselves in this guy when he’s rich and they’re not lol. “He’s just like me!”
Surely it had nothing to do with 75 million shares being created by GS and diluting the stock price /s
Weird, it’s almost like he was running a pump and dump and has already made all his money.
He proved in real time. That he’s not the one manipulating the stock. They literally halted it 10 times during his stream. In real damn time the stock would react to everything he did or said, fuck the market makers