Though investors of a different variety – such as Roaring Kitty of the GameStop (NYSE: GME) meme stock craze fame – have become increasingly popular in recent years, old-school investing legends have retained their prominent position among stock market aficionados. Stock picks of both the ‘The Big Short’s’ Michael Burry and for The Oracle of Omaha Warren Buffett remain closely watched by savvy traders, and looking at some of their best-performing investments in 2024, it becomes self-evident why. Due to his ...

The return of internet stock guru Roaring Kitty (Keith Gill) sparked a meme stock resurgence once again led by retail/wholesale sector stock GameStop Co. NYSE: GME. Roaring Kitty gained fame in 2021, helping spark the short squeeze on GameStop shares that blew out several hedge funds in the process. GameStop peaked in the $400s (pre-split) and started its painful descent along with the meme stocks. Newbies who stuck with shares became the latest in a long line of bagholders. History tends to repeat itself i ...

Loading... Loading... A series of actions by Keith Gill, aka Roaring Kitty, helped renew the smoldering meme rally last week and many market participants cried foul over his actions. SPAC sponsor and venture capitalist Chamath Palihapitiya on Sunday weighed in on the development in a substack post. What Happened: Gill posted on social media for the first time in about three years in mid-May and then stirred excitement by posting a screengrab of his trading account in the r/SuperStonk Reddit forum, which rev ...

Key Takeaways GameStop shares have traded within a symmetrical triangle since mid-May, a chart pattern that suggests a continuation of the current uptrend. A measured move of the symmetrical triangle pattern forecasts an upside price target in GameStop shares of $95. However, a breakdown from the pattern could see the price revisit support around $16 near a multi-month downtrend line that sits in close proximity to the 50- and 200-day moving averages. Retail traders’ favorite meme stock, GameStop (GME), is ...

Despite the short-term bearish sentiment surrounding GameStop (NYSE: GME) stock, it continues to capture the market’s attention, driven by recent short-squeeze activity. In the latest development, In this line, according to data shared by Unusual Whales in an X post on June 9, the reported short volume as of June 7, 2024, has soared to 103,785,384 shares, surpassing the January 22, 2021, figure of 97,123,046 shares. GameStop short interest volume chart. Source: Unusual Whales The renewed spike in short inte ...

Retail investor interest in short squeeze stocks has grown considerably since the “meme stock” phenomenon of 2021. However, a stock doesn’t need to gain the “meme king” popularity of a GameStop (NYSE:GME) or an AMC Entertainment (NYSE:AMC) to become a profitable squeeze trade for investors. In many situations, all it takes is two things. First, a high level of short interest. What constitutes high short interest? Think 20%, 30%, 40%, or more of outstanding float sold short. Second, to trigger a squeeze, typ ...

Meme stock trader Keith Gill, aka "Roaring Kitty," failed to rally investors around GameStop with his first livestream in three years on Friday as the stock slumped 40%. GameStop shares plummeted after the video game retailer unveiled a share sale to raise up to $3 billion. Gill, meanwhile, told nearly 600,000 viewers on his YouTube livestream to bet on CEO Ryan Cohen "and his crew" while joking about memes and issuing disclaimers that retail traders could "lose it all." Gill said his "aggressive style of i ...

文章核心观点 - 2021年初的meme股疯狂引发了市场"荒野西部"般的感觉 [1] - GameStop(GME)是最受关注的meme股之一,引发了罕见程度的空头挤压 [2][3] - 其他meme股如AMC Entertainment(AMC)也给空头造成了巨大损失,引发了剧烈的价格波动 [3] - Roaring Kitty(Keith Gill)是2021年meme股狂潮的主要推手,引发了GameStop的空头挤压 [4] - Roaring Kitty在多年沉寂后再次发帖,引发了meme股交易者的关注,GameStop股价出现了极端波动 [5] GameStop的当前状况 - GameStop公布了季度业绩,销售额大幅低于去年同期 [6] - 公司发布了750万美元的股票发行计划,股价受到压力 [6] - 公司前景已经下降,目前被评为Zacks Rank 5(强烈卖出) [6] - 最近的股价波动是由于空头挤压引起的,并不反映公司当前的盈利前景 [6][7][8]

Stocks traded in both positive and negative territory Friday as investors weighed an onslaught of headlines, including a hotter-than-expected jobs report and a Roaring Kitty livestream. Ultimately, the main indexes closed lower as folks looked ahead to next week's Fed meeting and key inflation update. Ahead of the open, the Bureau of Labor Statistics said the U.S. added 272,000 new jobs in May, exceeding economists' estimate for 180,000. The data also showed the unemployment rate rose to 4.0% (3.96% on an u ...

“Can y’all hear me right now?” Keith Gill began his broadcast. “I kinda forget how to do this.” Back in 2021, the influencer better known as Roaring Kitty led a crusade by retail traders which triggered the extraordinary surge in GameStop, an embattled video games chain – and left Wall Street scrambling. Gill became an internet star, and even testified to Congress about his bullish stance on the stock. Then he disappeared from view. For years after the turbulent stock market frenzy, Gill was silent online. ...