Published , by Asif Khan
Published , by Asif Khan
GameStop's stock has had a volatile month and a half, and things are about to get even more interesting. Keith "Roaring Kitty" Gill will break his over three-year silence today at noon. With 120,000 call options held in his nearly billion dollar portfolio, the eyes of investors from around the world will be on this stream. Watch and react to the Roaring Kitty Live Stream here.
GameStop (GME) shares have skyrocketed in the last month and a half, with Mr. Gill showing up with a gang of meme tweets to throw gasoline on the fire. There were even rumors that he is being investigated by several regulators and his broker Etrade was set to give his account the boot. Although, it would be pretty dumb for an asset manager to dump a billionaire client. Right?
The following extensive disclosure footer has been added to the YouTube description of today's stream:
The Roaring Kitty channel and live streams are for educational and entertainment purposes only. I don't provide personal investment advice or stock recommendations during the stream. Please understand that my style of investing is extremely aggressive and I take on a substantial amount of risk. It's likely my approach would not be suitable for you. If you're seeking personalized advice, I encourage you to sit down with a financial professional who can review your personal situation, financial background, risk tolerance, etc. Check out the Roaring Kitty disclaimer video for more information:
Below is the disclaimer that plays at the start of the stream:
You should not treat any opinion expressed on this Youtube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this Youtube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This Youtube channel is not under any obligation to update or correct any information provided in these videos. Statements and opinions are subject to change without notice. No compensation is received by this Youtube channel for the opinions expressed.
Past performance is not indicative of future results. This Youtube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this Youtube channel. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this Youtube channel may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this Youtube channel. Before acting on information in this Youtube channel, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
The stream will air at 12:00 p.m. ET. Keith Gill's portfolio could top $1 billion ahead of this stream, so the eyes of the investing world will all be watching to see his next move with his 5 million GME shares and the 120,000 of the June 21, 2024 expiry $20/share call options he's watched explode in value this week. We will be here to bring you all of the GameStop news as it breaks leading up to next week's earnings release and the annual shareholder meeting.
This article is only meant for educational purposes, and should not be taken as investment advice. Please consider your own investment time horizon, risk tolerance, and consult with a financial advisor before acting on this information.
Full Disclosure:
At the time of this article, Shacknews primary shareholder Asif A. Khan, his family members, or his company Virtue LLC had the following positions:
Long GameStop via GME shares
Long GameStop via GME call options