Roaring Kitty Appears to Be Betting BIG on GameStop (GME) Stock

Keith Gill, who calls himself Roaring Kitty online, has posted to Reddit that he has a $116 million position in GameStop (NYSE:GME), roughly 5 million shares. Gill also bought calls in GME stock at $20.GME stock rose 80% in pre-market trading, and other meme stocks rose as well. It was trading at about $41 per share at 8:30 a.m., with a market capitalization of over $14 billion.Other “meme stocks” rose in sympathy. AMC Entertainment (NYSE:AMC) was up about 20%. Virgin Galactic (NASDAQ:SPCE) rose 9%.Game OnM ...