GameStop ($GME) shares have experienced significant volatility over the past few days. On Monday, the stock fell 12% after a 46% drop over the previous two sessions. However, it reversed course on Tuesday, surging 22.8% to close above $30 and was up nearly 16% pre-market. This volatility was influenced by Keith Gill, also known as Roaring Kitty, whose return to YouTube and social media fueled retail investor interest. Gill's position includes 5 million shares and 120,000 call options expiring on June 21, with a total value of $235.46 million. Despite losing $51 million on Monday, Gill's overall position is up 18%. GameStop also completed an at-the-market equity offering, raising $2.14 billion by selling 75 million shares at an average price of $28.49. This brings the company's cash reserves to over $4 billion, with no debt. Citron Research has closed its short position against GameStop, citing the company's strong cash position and the influence of retail investors. A potential short squeeze is also being discussed among investors.
💥 On Wednesday, some 93,000 of the June call options changed hands, some of it in large chunks of 5,000 contracts or more. Many of the trades took place below the bid price, indicating that a seller may have been trying to offload the contracts. $GME https://t.co/RlF20f5a8O
🐈⬛ ROARING KITTY MAY HAVE CUT GAMESTOP OPTIONS POSITION, STRATEGISTS SAY Full Story → https://t.co/b1kugalWyn A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as… https://t.co/TnnxbBvy0H
This is interesting: The GameStop, $GME, $20 strike calls expiring June 21st saw a massive surge in volume today. Nearly 170,000 contracts were traded with a huge 25,000 contract trade into the close. The number of contracts traded today was nearly 80% HIGHER than the daily… https://t.co/VNwasqaD09
SOMEONE SOLD / SHORTED OVER 25,000 GAMESTOP $20 CALLS THAT EXPIRE NEXT FRIDAY PER @GURGAVIN INTO THE CLOSE TODAY THESE ARE THE SAME CALLS THAT THE ROARING KITTY DISCLOSED BUYING A WEEK AGO $GME
SOMEONE SOLD / SHORTED OVER 25,000 GAMESTOP $20 CALLS THAT EXPIRE THIS FRIDAY PER @GURGAVIN INTO THE CLOSE TODAY THESE ARE THE SAME CALLS THAT THE ROARING KITTY DISCLOSED BUYING A WEEK AGO $GME
SOMONE SOLD / SHORTED OVER 25,000 GAMESTOP $20 CALLS THAT EXPIRE THIS FRIDAY PER @GURGAVIN INTO THE CLOSE TODAY THESE ARE THE SAME CALLS THAT THE ROARING KITTY DISCLOSED BUYING A WEEK AGO $GME
GameStop tanks with huge volume in the call options owned by 'Roaring Kitty' https://t.co/6s5dm9mfYY
$GME Wait did RoaringKitty just unload a majority of his calls? Can someone confirm?
Did @TheRoaringKitty start dumping his calls? $GME calls with $20 strike price and 6/21 expiry traded 93,266 contracts Wednesday, more than 9 times its 30-day average volume. These contracts dropped 40% in price, while $GME common stock fell 16.5%. https://t.co/kndXmfwHTR
GameStop received a $2.1 billion infusion of cash this week after selling 75 million new shares to eager investors. https://t.co/KTEIjkEy9d
Roaring Kitty’s, $GME, GameStop $20 call June 21 option positions saw the most amount of volume today, 93,266 vs 169963 open interest. https://t.co/UJDg7XsyZ6
He started selling his $gme calls @TheRoaringKitty https://t.co/6OqMVFFsai
BREAKING: Could this be Keith Gill aka Roaring Kitty selling his $GME calls? MILLIONS worth of contracts being sold now. https://t.co/QBzB8W8NGT
$GME -15% as traders notice heavy volume in @TheRoaringKitty's Jun 21 $20 Calls https://t.co/kTVWFvzQIj
$GME JUNE $20 CALLS STARTING TO CLOSE & ROLL OUT/UP
Shot: Jim Cramer: 'GameStop Won,' Bears Are Going To Retreat Shot: Andrew Left Closes Bold GameStop Short After Latest Cash Raise Chaser: https://t.co/2VNoYX2ePj
a smart short seller selling the $20 calls making it look like Kitty... $GME love it
$GME Kitty could be selling. Heavy selling in the 20 calls. Multiple 5k orders, just like we saw him enter with. https://t.co/wnR4UiYzkp
$GME big volume on 20c June? https://t.co/DDLzCiRkyI
GameStop pockets record $2.1 billion from snap share sale that tanked the stock, and no strings are attached. https://t.co/f0Kv9gm4xl
Gamestop raises $2.1 bil more dumping 75 mil of shares. Kitty pump, $GME dump. Now Gamestop is basically a $4 bil SPAC losing $200 mil a year... Cohen is saved by Kitty. Have we figured out where Kitty got the $250 mil????
BREAKING: Jim Cramers says "GameStop $GME has won" https://t.co/FOu5Fjbkrp https://t.co/j8YfS0FGU1
BREAKING: Jim Cramers says "GameStop has won" https://t.co/VNhmD5scOb https://t.co/j8YfS0FGU1
🇺🇸 GameStop uses its Roaring Kitty spotlight to build a cash hoard https://t.co/hWrdkMSmTK
NEW: @jimcramer DECLARES THAT $GME (@GameStop) MEMESTOCK HAS WON HERE https://t.co/tB4zHb2bJZ
GameStop, $GME, has won here, says Jim Cramer. https://t.co/dEekeYNW3D
🚨🇺🇸CITRON RESEARCH ABANDONS GAMESTOP SHORTS After they closed out their short positions, hinting it was due to the return of Roaring Kitty, shares in GameStop rose. In a statement explaining their decision, they said, “With $5 billion in the bank, they have enough runway to… https://t.co/UD4ZEh2dg2
“GameStop won here. The bears are in retreat.” - @jimcramer @ryancohen great work. $GME. Wild ride https://t.co/dvhCEdsBPb
GameStop to the moon 🚀 🌕 https://t.co/WxnbpkgoGw
$GME: Citron Taps Out of their short. Expectations for the week from here! https://t.co/uE9n0y7m7e
GameStop sitting on a pile of cash 💸 https://t.co/bNNdNvr9VF
$GME short-seller @CitronResearch reevaluates position due to “cult-like” shareholder behavior. https://t.co/ZgViVihHJq
$GME HAS $4B IN CASH - think for 1 minute, if they deploy some of this $4B into #BTC / $crypto - similar to what @Saylor did with @MicroStrategy - holding $GME would simply be a beta $BTC trade, skyrocketing both to new ATH's. @GameStop @TheRoaringKitty @RyanCohen https://t.co/Nknj5SAkDL
$GME #update Text Book Breakout @TENETTRADEGROUP We have moved our stops under 34/50 clouds now https://t.co/DKM6sYCP2C https://t.co/LEb4hOk7J0
-> $GME now has $4B in cash -> Forced this jabroni Andrew Left to close his short -> @TheRoaringKitty streamed to show he didn't sell his account + appeased the feds by not doing/saying anything that could be misconstrued as manipulation ->chart looks like this 👇 HIGHER 🚀 https://t.co/2MuzSqTDiT https://t.co/dyaOoB9dlx
$GME #update 1 Hr bullish again, Ripster Clouds curling 32 big level to breakout of though See previous tweets below https://t.co/9CuWjhl0jH https://t.co/j6fdioRoA0
Andrew Left closed out his gutsy short position against $GME. “Took my short off, made my money, move on,” Left said in an interview. “The company’s got $4 billion in cash. They have a fervent supporter. You’ve got to respect the markets”. @TheRoaringKitty won this one 🐈 https://t.co/qLNOlkJpQJ
GameStop just completed a massive sale of 75 million shares of its common stock. Here's how that fits into the ongoing meme frenzy. https://t.co/1fY00MrzTA
How GameStop's latest share offering fits into the meme stock saga https://t.co/WafF91OpkT
$GME has won here, says @jimcramer. Jim, @carlquintanilla & @davidfaber discuss why the bears retreating from Redditors and retail traders, dumb money, and where the meme mania goes from here. https://t.co/0ZF9QtGiNf
Andrew Left of @CitronResearch is closing up his wager against GameStop’s stock—again https://t.co/IKNRiW9wQM
Andrew Left closed out his gutsy short position against GameStop as the meme-stock company raised $3 billion in the past month, leaving it well capitalized and with a soaring share price. https://t.co/EIdpIOGTsA
Roaring Kitty's mammoth options position — with 12 million underlying $GME shares — could be a nightmare for him to offload or exercise even if the calls end up in the money. He has some tough choices to make before 6/21 expiration date 👇 https://t.co/qMU2TN6IDK
$GME - going to be interesting when Keith Gill aka @TheRoaringKitty surprises everyone pays $240M to exercise his 120K Jun 21 '24 $20 calls. The calls are currently trading at $10.50. https://t.co/E52kY2v7LS
Citron no longer shorting GameStop shares, says it respects 'market’s irrationality' https://t.co/FERIvYc0A7 https://t.co/KsmL9yP0tm
Roaring Kitty has some tough choices to make on his GameStop options with Wall Street ready to pounce https://t.co/bteLLh5GiP
Short Seller Citron Closes Short Position In $GME, Says 'It Respects Market's Irrationality' https://t.co/78Om8uHA0x
$GME ❖ GAMESTOP SHARES REVERSE COURSE PREMARKET, LAST DOWN 4.3%
$GME GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy
Wen dilution? -- GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy https://t.co/d2n2vztfE4
Even $GME is up pre market 🔥 https://t.co/Mzv0JG6bZP
$GME ❖ GAMESTOP SHARES UP 2.5% PREMARKET AFTER CITRON RESEARCH SAYS NO LONGER SHORT ON CO
BREAKING: @CitronResearch SAYS THAT IT IS NO LONGER SHORT $GME (@GameStop) BECAUSE THE COMPANY NOW HAS RUNWAY TO “APPEASE THEIR CULT LIKE SHAREHOLDERS” - ADDS “THE KITTY [@TheRoaringKitty] LIVE STREAM WAS STILL AN INSULT TO THE CAPITAL MARKETS” https://t.co/BrVeBhlfzq
Citron is no longer short $GME. It's not because we believe in a turnaround for the company fundamentals will ever happen, but with $5 billion in the bank, they have enough runway to appease their cult like shareholders. Despite Wedbush setting an $11 target today, we respect the…
GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy https://t.co/NxssvsiJfa
GameStop says it raised $2.14 billion in sale of new shares https://t.co/b5Ev68N2Qa
GameStop says it raised $2.14 billion in share sale https://t.co/OczJFXaXSp
GameStop raised ~$2.14B from a share sale program capitalizing on a stock rally fueled by Keith Gill's YouTube return, selling 75M shares for ~$28.49 on average (@btlipschultz / Bloomberg) https://t.co/sttoRTYagV 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/IQUFfy6zW1
GameStop Stock Falls After Videogame Retailer Raises $2.14 Billion Amid Meme-Stock Rally https://t.co/dBpKqK2UVe
GAMESTOP SHARES DIP 4.5% PREMARKET
Update on $GME: Company successfully sold shares at the market twice the last month raising cash to $4b. Market cap is $9b. This is an incredibly large cash position and you can just feel a bitcoin mining announcement is looming
GameStop $GME raises $2.5 billion but the "show is over?" wut? 😂 https://t.co/6L8MNaz2JX
MOOD… $GME https://t.co/grf92HimGa
GameStop raises over $2bn after Roaring Kitty rally https://t.co/wqbUZY1SqT
GameStop, $GME, is trading at $30 in the overnight market. 🎮
$GME Alright, call me crazy, but... I could not stop thinking about this since the announcement came out that Gamestop completed the at the market offering. Gamestop's operating expenses are not horrible. They have no debt. They figured out how to get $4B in cash in one… https://t.co/DpewSp9Bzl
GameStop raises $2.14 bln amid Roaring Kitty-fueled retail trading frenzy https://t.co/w2BC9onPRT https://t.co/rvTMdO1cpB
GameStop going to the moon 🚀🌕
Maybe Roaring Kitty has a plan after all 🤔🧐 GME stock pumped 23% today back over $30 After falling hard Friday and as low as $23 yesterday. It's now 50% above his strike price of $20 with 10 days to go... https://t.co/cSEVm5jYX7
$GME no position, But here's the thing. Ryan can now say they have about $5 a share in cash. Definitely healthy! But now what? The multiple is still absurd under the current model. That said I wouldn't short u clowns under any circumstance. Best to you! 🥂🍻
🔵 GAMESTOP RAISES $2.14 BILLION AMID ROARING KITTY-FUELED RETAIL TRADING FRENZY Full Story → https://t.co/1UqXiiijRP GameStop said on Tuesday it had completed an "at-the-market" equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme… https://t.co/9o3SBNr9C2
$MSTR The $GME Situation https://t.co/dbWtzjRh1D
GameStop has $4,000,000,000+ for acquisitions and investments. Let that sink in.
GameStop has $4,000,000,000+ for acquisitions and investments.
GameStop Stock Surges as Roaring Kitty Skewers Recent Losses ► https://t.co/yiYdAgRdog https://t.co/yiYdAgRdog
$GME has $4 Billion cash now, no debt. They can generate $200M in interest income. Well played
$GME has $4 Billion cash now, no debt. They can generate $200M in interest income now. Well played
If $GME buy $BTC and do a $MSTR the squeeze is on @TheRoaringKitty @ryancohen @Cobratate - f*ck em. Do it.
GameStop has completed the sale of 75 million shares that was announced last Friday, raising a little over $2.1 billion. https://t.co/pUoIHYeLGw
At its lowest point this year, GameStop had a market cap of $3.1 billion. It’s raised $3.1 billion in cash in the past 25 days. https://t.co/wlwhaprFKw
If $GME buy $BTC and do a $MSTR the squeeze is on @TheRoaringKitty @ryancohen - f*ck em. Do it.
If $GME buy $BTC and do a $MSTR the squeeze is on @TheRoaringKitty @ryancohen
If $GME buy $BTC and do a $MSTR the squeeze is on.
What's going on with $GME options as Roaring Kitty's huge position nears expiration? Baycrest Managing Director David Boole breaks down how market makers are positioning themselves and how the action compares to 2021's wild ride: https://t.co/imIYuo8qpy
The $GME GameStop story is incredible. They just diluted shareholders with 75M shares. They now have ZERO debt. $4B in cash. Market cap is $9B, so half the marketcap is cash. The business is still doing about $3.2B per year in revenue. The stock is up 74% YTD. The stock… https://t.co/DpewSp9Bzl
Roaring Kitty has effectively raised >$3.3b for $GME in the last month. That’s over 500x more than GameSpot earned LY. https://t.co/RyPFU4EF3p https://t.co/gwOCBQA8P1
GameStop has now raise more than $3 BILLION on the back of @TheRoaringKitty's return to X, Reddit and Youtube $GME https://t.co/STDalAJx7v
Wouldn't be surprised if GME puts BTC on the balance sheet with this stock sale. Similar to MSTR but with a retail army behind. 👀 https://t.co/obJXQ9ySUe
“[GameStop] has now raised more than $3 billion over the past month through share sales as retail investors powered the stock higher. The latest sale of 75 million shares implied an average price of around $28.49 each”
GameStop raised roughly $2.14 billion from a share sale program as it capitalized on a rally after Keith Gill talked up the stock following his return to YouTube. https://t.co/hpvZKsyoQU
Gamestop $GME raised over $2b today, completing their ATM equity offering. Image what might happen if they adopted a BTC treasury program as part of their turnaround story. https://t.co/347ldkGUnL
GAMESTOP NOW HAS OVER $4+ BILLION IN CASH 🚀
Update… $GME https://t.co/m2hmslgci2
BREAKING: GameStop, $GME, has completed their ATM offering, raising $2.137 billion
GAMESTOP JUST RAISED OVER $2 BILLION https://t.co/7YYIOhYynT
$GME Bullish Engulfing Day https://t.co/Cu3tjqrjQj
What's your hot-take on $GME / Roaring Kitty?
$GME GameStop said it has completed its 75M ATM stock sale, raising $2.137B in the process (which means the deal priced at ~$28.50).
Congrats to $GME for completing the equity offering. Now there is 125 million new shares to dilute this thing every day. 🤣
$GME REVERSES AND SURGES HIGHER ON NEWS THE COMPANY COMPLETED SELLING SHARES ***
Congrats to $GME for completing the equity offering. Now there is 125 new shares to dilute this thing every day. 🤣
⚠️ JUST IN: *GAMESTOP RALLIES 22.8% TO END ABOVE $30 AS INVESTORS WEIGH ROARING KITTY'S NEXT MOVE $GME https://t.co/TdddSTbdTZ
SHORT SQUEEZE IMMINENT (video) $GME https://t.co/or0BNBIIhJ
Short Squeeze Imminent via @the_real_fly https://t.co/8FKlExgFeu $GME
Roaring Kitty aka Keith Gill’s option position is now up 49.55%. $GME, GameStop bullish premium exploded into close. https://t.co/rx7bjF6FAR
$GME #Update Squeezing into close maybe Some AH action 30/32 key resistances! as riding bullish clouds. We have locked some profit and will swing rest in case!! @TENETTRADEGROUP Nice buffer now! Looks like they hitting Options flow again, See morning tweet below https://t.co/SZBwepQTDt https://t.co/r1vWuyvUAy
GameStop is looking beautiful. About to break $30.
GameStop, $GME, options premium has flipped to bullish after two days of bearish premium in the last 45 minutes. Bulls leading by opening new $25 and $30 calls expiring this Friday. https://t.co/s8BAjYPF8P
$GME squeeze that murfucca!!! https://t.co/8Ktf7vsCrK
$GME is now up nearly 16% today 🫡 https://t.co/pNvZSKEkbC
$GME is now up nearly 14% today 🫡 https://t.co/pNvZSKEkbC
When $GME moves https://t.co/sZjChMicH9
$GME quick 20% share move off that VPOC! https://t.co/hGqatMwHW0 https://t.co/VvbvsYIr5W
GameStop's stock plummeted 62% to $24.89, sparking a downturn in meme tokens, with a Solana-based parody token dropping 25% and others also declining. #Memecoins #Gamestop #Solana https://t.co/rpelWpB3HS
GameStop, $GME, is trading at $27.42 (+10.41%) so far. 🎮 https://t.co/rHLjwQcwpv
$GME here it goes, hitting highs and IVs starting to push up
Roaring Kitty jokes about losing another $51 million on GameStop. https://t.co/XPPHTS6T74
$GME | @stoolpresidente Says Roaring Kitty Made This 'Tactical Error' As GameStop Shares Trade Down 60% From Last Week's Highs " I really don't know what I was expecting," says Portnoy about the Roaring Kitty livestream. David Portnoy says part of Roaring Kitty’s strength is… https://t.co/ueU1UxghXd
Did Roaring Kitty mess up by going live? https://t.co/uWoooZL8RO
$GME just raised a boat load of cash -- what do you think they're going to do with it? 🤔 https://t.co/RHMEG6CadP
Roaring Kitty aka Keith Gill jokes about losing another $51 million on GameStop https://t.co/hS6pvNoCkj
$GME | GameStop Shares Halted To The Upside, Stock Currently Up 4.67%
GAME STOP SHARES HAVE BEEN HALTED TO THE UPSIDE AFTER JUST BEING DOWN OVER 8% $GME https://t.co/rRbvV4xOjJ
$GME quickly halted now up 5% after reversal up off key support and saw put sales monday
$GME 🚨 POP ALERT HALTED OVER CLOUDS https://t.co/jHoaPsRYHm
$GME Paused due to volatility
$GME $AMC moving
$GME -7.65% as @TheRoaringKitty is now underwater on his 120K June 21 $20 Calls and closing in on his ave. price of $21.27 on his 5MM shares of common stock. Because of Juneteenth (markets closed next Wednesday), Gill loses a day of trading going into his June 21 expiration.
Bullish on GameStop 📈
Jeeze what's up w $GME? It's down another 7%. How much money has @TheRoaringKitty lost now from its highs?
GAMESTOP SHARES FALL 5.5% AFTER NEAR 46% DROP IN THE PAST TWO SESSIONS
$GME ❖ GAMESTOP SHARES FALL 5.5% AFTER NEAR 46% DROP IN THE PAST TWO SESSIONS
$GME | 'You Were A Billionaire:' Did @TheRoaringKitty Actually Hit 10 Figures With GameStop Stock Holdings? It's Complicated His position remains unchanged at 5 million shares and 120,000 call options expiring on June 21, with a total value of $235.46 million.
$GME (-0.1% pre) GameStop’s price declines hammer Roaring Kitty’s option position - Reuters https://t.co/4NND1zhNhd
$BTC fell below $67,000 during the European morning after $65 million worth of ETF outflows on Monday, while $GME fell 12%, dragging some meme tokens down. @JamieCrawleyCD and @godbole17 report for First Mover Americas. https://t.co/IP8rYAAjQt
$GME | 'You Were A Billionaire:' Did @TheRoaringKitty Actually Hit 10 Figures With GameStop Stock Holdings? It's Complicated His position remains unchanged at 5 million shares and 120,000 call options expiring on June 21, with a total value of $235.46 million. Gill would… https://t.co/SevXLseL4m
BREAKING: RoaringKitty GameStop Update: - Down $51 million on yesterday's trading. - Up 18% overall. $GME https://t.co/R7gY2NjZt0
ROARING KITTY JOKES THAT HE ALMOST WAS A BILLIONAIRE ON PAPER $GME Gamestop is slightly above his strike price for the 120K calls he has and he still hasnt sold any.. https://t.co/xjBDwjcpJC
$GME shares fell for a second day on Monday, ending the U.S. trading session down 12% after tumbling 40% on Friday. The reversal weighed on some meme tokens that tend to mirror the stock’s movements. By @shauryamalwa https://t.co/uQYB2y9Esu
Roaring Kitty lost another $51M today. $GME His calls expire in a week… WHAT IS HIS PLAN?! https://t.co/xIdcUUEPeJ
$GME GameStop shares continue to plunge as frenzy over Roaring Kitty’s return fizzles