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Is Trending Stock GameStop Corp. (GME) a Buy Now?
ZACKS· 2024-06-04 14:05
GameStop (GME) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this video game retailer have returned +71.7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Consumer Electronics industry, which GameStop falls in, has gained 29.3%. The key question now is: What could be the stock's future ...
3 WallStreetBets Stock Picks With Actual Potential for Massive Gains
Investor Place· 2024-06-04 11:01
If you’re curious about the legitimacy of WallStreetBets stock picks, you’ve come to the right place. Three of the worst WallStreetBets stock picks you can own are GameStop (NYSE:GME)., Trump Media and Technology Group (NASDAQ:DJT), and AMC Entertainment (NYSE:AMC). The three meme stocks had 14, 14, and three mentions over the past 24 hours preceding June 1.   While the WSB community discusses many poor-quality stocks, it also discusses a number of great companies. For example, the number one WSB stock by m ...
Roaring Kitty could get booted from E*Trade after his social media post revealing his apparent position in GameStop caused the stock to surge
Business Insider· 2024-06-04 00:03
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTrader Keith Gill, also known on social media as "Roaring Kitty" or "DeepFuckingValue," could get barred fr ...
E-Trade Mulls Removal Of Meme-Stock Trader Keith Gill, Report Says
Forbes· 2024-06-03 21:30
ToplineOnline brokerage E-Trade is considering kicking out meme-stock trader Keith Gill from its platform over concerns about stock manipulation, according to The Wall Street Journal, a move that comes after Gill took to Reddit to show fellow investors he held nearly $116 million worth of GameStop stock over the weekend, triggering a spike in shares Monday.Gill has more than 1 million followers on X. (Photo Illustration by Pavlo Gonchar/SOPA ... [+] Images/LightRocket via Getty Images)SOPA Images/LightRocke ...
E-Trade is debating whether to ban meme stock star Keith Gill from its platform, the WSJ reports
CNBC· 2024-06-03 21:00
E-Trade is having internal discussions about whether to ban Keith Gill — the meme stock trader who just disclosed a big position in GameStop — from the trading platform over concerns regarding potential market manipulation, the Wall Street Journal reported Monday.The brokerage, owned by Morgan Stanley, hasn't reached a decision yet, the Journal said, citing people familiar with deliberations inside the firm. GameStop shares shot up early Monday after Gill, who goes by "DeepF------Value" on Reddit, posted a ...
'Roaring Kitty' post seems to show trader held onto giant GameStop stake after Monday's rally
CNBC· 2024-06-03 20:45
Keith Gill, known on Reddit under the pseudonym DeepFuckingValue and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo.Meme stock leader Keith Gill, who's behind GameStop's recent roller-coaster ride, appeared to hold onto his big position in the video game retailer even after Monday's big rally.Gill, whose handle is "DeepF------Value" on Reddit and "Roaring Kitty" on YouTube and X, posted another screenshot of his portfolio showing the sam ...
GameStop: 'Roaring Kitty' Is Back, Nearly All-In With $175 Million Bet
Seeking Alpha· 2024-06-03 18:41
David Malan/DigitalVision via Getty ImagesI woke up from a deep sleep this morning to a flurry of text messages. As is sometimes the case, all of them were about GameStop (NYSE:GME), which surged more than 70% this morning. The news? Massachusetts-based meme stock trader Keith Gill, a.k.a. "Roaring Kitty," posted some screenshots on Reddit showing that his account is nearly all-in for $175 million. That's a huge bet, and the news quickly went viral. Data by YChartsRoaring Kitty Is Back After weeks of cr ...
3 Stocks With Bullish Catalysts
ZACKS· 2024-06-03 17:46
Efficient Market Hypothesis (EMH) is a market thesis is a market hypothesis taught in higher education that suggests that equity markets are efficient, are a zero-sum game, and are “priced to perfection” – leaving no room for excess profits. However, investors do not need to look very far to debunk the faulty hypothesis. GameStop & Meme Stock Mania: Markets Not EfficientGameStop ((GME) was up more than 50% this morning after Internet personality “Roaring Kitty” tweeted Sunday night that he owns over $100 mi ...
GameStop stock resurgent as influencer Roaring Kitty places big bet
Sky News· 2024-06-03 16:43
The stock market influencer behind the so-called meme stock frenzy of 2021 has triggered a fresh surge in shares of GameStop, the struggling US videogame retailer.Keith Gill, who goes by the name Roaring Kitty online, revealed a $116m (£90.8m) position in GameStop on Sunday. Gill told his followers he controlled 1.8% of GameStop's available stock - a holding of five million shares - plus call options that gave him the right to buy more later this month.Money latest:HSBC announces mortgage rate increasesA re ...
The 5 Biggest Buyers of GameStop (GME) Stock in Q1
Investor Place· 2024-06-03 15:26
Following Roaring Kitty’s initial return on X (formerly Twitter), shares of GameStop (NYSE:GME) surged higher before later cooling back down. However, it appears that Roaring Kitty, who’s real name is Keith Gill, isn’t finished just yet.Over the weekend, a Reddit account associated with Gill posted for the first time since April 2021. The post, titled “GME YOLO update – June 2 2024,” revealed that Gill had a total of $181.40 million in GameStop. $115.70 million consisted of 5 million GME shares purchased at ...