Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory
Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million. Go to Source
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E-Trade mulls booting meme stock trader Roaring Kitty: WSJ
The trading platform is reportedly concerned that the veteran meme stock trader could use his influence to pump his own GameStop holdings. Go to Source
GameStop rallies overnight as Roaring Kitty reveals $180M GME position
Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging overnight markets. Go to Source
Robinhood beats investors’ appeal in GameStop meme stock case
The appeals court judge said Robinhood “had the right” to impose restrictions on meme trade purchases. Go to Source
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks. Go to Source Powered by WPeMatico
Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53 trillion in overall … Read more
Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin Shorts Climb Higher Bitcoin (BTC) and digital … Read more
Explaining the GME Short Squeeze
If you are in the habit of keeping your eye on the stock market at all, then you will recall the extreme, and sudden, rise in GameStop stock prices in early 2021. On January 7, 2021, GameStop stock was selling at about $18 a share. The long-struggling, brick and mortar gaming store seemed to be … Read more
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights to produce the … Read more
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week … Read more
