Keith Gill, AKA "Roaring Kitty" may face being barred from E*Trade after reportedly disclosing a large stake in GameStop, which caused the stock price to surge.
E*trade must have Internet Explorer. Telling people you own stock and recommend they buy it too is what basically every investment fund does. It doesn't cost $120 million to buy $120 million in stock options. Maybe they were just clumsy in how they said it but I would not be surprised if these reporters just don't know how options work (most don't).
I think he's going to announce that he's going to exercise his options...but because MM has naked shorts and 140% more shorted shares then there are shares available (illegal), it's going to cause pandamonium .....brokerages will have to buy shares from the market because there aren't enough shares.....its going to be nuts because brokerages will have to buy shares on open market at market prices to cover the shares that don't exist......which is going to cause price to go to moon. Financial media hates him because he is exposing the criminal market activities. He's a hero....he's showing and proving the corruption of the hedge funds. EVERYONE Should support him if you are tired of the criminal hedge funds and the SEC turning blind eye to it all.
for what? exposing how silly and socially constructed the system is?
Gamestop is the next Gamestop
E*trade must have Internet Explorer. Telling people you own stock and recommend they buy it too is what basically every investment fund does.
It doesn't cost $120 million to buy $120 million in stock options. Maybe they were just clumsy in how they said it but I would not be surprised if these reporters just don't know how options work (most don't).
the fact that they are even considering banning him is INSANITY
I think he's going to announce that he's going to exercise his options...but because MM has naked shorts and 140% more shorted shares then there are shares available (illegal), it's going to cause pandamonium .....brokerages will have to buy shares from the market because there aren't enough shares.....its going to be nuts because brokerages will have to buy shares on open market at market prices to cover the shares that don't exist......which is going to cause price to go to moon. Financial media hates him because he is exposing the criminal market activities. He's a hero....he's showing and proving the corruption of the hedge funds. EVERYONE Should support him if you are tired of the criminal hedge funds and the SEC turning blind eye to it all.
Pumping shares? Lol
Poo
He got paid for the movie made about him