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1. Roaring Kitty GameStop shares
2. Roaring Kitty GME investment
3. Roaring Kitty stock position
BREAKING: “Roaring Kitty” has purchased 4 million more shares of GameStop, $GME, bringing his total position to $262 million.
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He has also closed his $GME call options that were expiring next week.
His average entry is $23.41 per share.
“Roaring Kitty” has increased his GameStop position by purchasing 4 million more shares, totaling $262 million. He has also closed his call options that were expiring next week. With an average entry of $23.41 per share, this move shows his confidence in the company’s potential for growth. Stay updated on the latest investment moves with The Kobeissi Letter. Follow the link to learn more: https://twitter.com/KobeissiLetter/status/1801352781032546520?ref_src=twsrc%5Etfw. #RoaringKitty #GameStop #Investment #StockMarket #TheKobeissiLetter”
BREAKING: “Roaring Kitty” has purchased 4 million more shares of GameStop, $GME, bringing his total position to $262 million.
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He has also closed his $GME call options that were expiring next week.
His average entry is $23.41 per share. pic.twitter.com/Xhna5J0ts8
— The Kobeissi Letter (@KobeissiLetter) June 13, 2024
Related Story.
If you’ve been following the GameStop saga, you’ll know that the stock has been a hot topic in the financial world for quite some time now. The latest news coming out of the GameStop universe is that “Roaring Kitty,” the Reddit user who played a significant role in the GameStop short squeeze earlier this year, has made a bold move by purchasing an additional 4 million shares of $GME. This brings his total position in the company to a staggering $262 million.
In addition to buying more shares, Roaring Kitty has also decided to close his GameStop call options that were set to expire next week. This decision has raised eyebrows among investors and analysts alike, as it signals his confidence in the stock’s long-term potential. With an average entry price of $23.41 per share, Roaring Kitty seems to be in a strong position to profit from any future gains in GameStop’s stock price.
The news of Roaring Kitty’s latest moves has sparked a flurry of discussions on social media and financial news outlets. Many are curious to see how this will impact the stock price in the coming days and weeks. Some are speculating that Roaring Kitty’s continued bullish stance on GameStop could attract more retail investors to the stock, leading to increased volatility and potentially driving the price even higher.
It’s important to note that Roaring Kitty’s actions are not without risk. The stock market is notoriously unpredictable, and even the most experienced investors can get burned if they’re not careful. That being said, Roaring Kitty has proven himself to be a savvy investor with a keen eye for spotting opportunities in the market. His track record with GameStop speaks for itself, and many are eager to see how his latest moves will play out.
As with any investment, it’s crucial to do your own research and make informed decisions based on your own financial goals and risk tolerance. While Roaring Kitty’s success with GameStop has garnered a lot of attention, it’s essential to remember that not all investments will pan out the same way. Diversification and risk management are key principles to keep in mind when navigating the stock market.
In conclusion, Roaring Kitty’s recent purchase of 4 million more shares of GameStop and his decision to close his call options have once again put the spotlight on the controversial stock. Whether you’re a seasoned investor or just getting started in the world of finance, it’s always fascinating to see how market dynamics play out in real-time. Keep an eye on GameStop’s stock price in the coming days to see how Roaring Kitty’s latest moves impact the market.
