ilmscore | Roaring Kitty Is Back (He Just CRUSHED Wall Street)

Roaring Kitty Is Back (He Just CRUSHED Wall Street)

Published: 2024-06-03
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Roaring Kitty could become the largest shareholder of GameStop and potentially a billionaire within the week.
"as of this morning he became the third biggest and within this week he could become the single biggest shareholder of GameStop in the world and possibly become a billionaire"
GME
Pending
Roaring Kitty has call options on GameStop that will be profitable if the stock price is above $21 in 18 days from the transcript date, allowing him to buy shares at $21.
"his bet is that exactly 18 days from now if GameStop's price is more than $21 a share he'll end up making a lot of money because at that point he to exercise his contracts and buy GameStop at $21 a share"
GME
Pending
GameStop's stock price surged from approximately $20 to nearly $500 in January 2021.
"in January 2021 GameStop's price went up from around $20 a share to an all-time high of nearly $500 in a short amount of time"
GME
Pending
Roaring Kitty's potential profit is estimated at $12 million for every dollar increase in GameStop's stock price.
"for every dollar that GameStop goes up in price he makes $12 million"
GME
Pending
GameStop's short interest reached the mid-20% range recently.
"GameStop's short interest this week peaked in the mid 20% Mark"
GME
Pending
Many investors are buying GameStop not for traditional financial returns but as a symbol of a movement advocating for transparency and fair practices in the stock market.
"they're not buying it as a long-term investment for their retirement they're buying it for what it represents a movement against Wall Street specifically a movement for full transparency and fair practice"
GME
Pending
Stock halts occur when trading of a specific stock is temporarily stopped, typically due to a significant price spike (either up or down).
"a stock halt is when they stop allowing people to buy specific stocks and it's usually triggered when there's a massive spike in price and it can happen when a stock goes up or when it goes go down"
Stock Halts
Pending