Yes. If he exercised the options, the seller has to buy 12 million share and the price will rise and hedge funds and banks will go under. Then they a will be forced to sell shares in other companies and the price/ market will go down.
Big 6 MSFT, AAPL, NVDA, GOOG, META, AMZN being pushed waaay up so they can be cut in half or more while meme stocks, et. al rocket up. Possible net change of zero or positive on market indices such as SP500. Gonna be very strange, imo. Media will report “bloodbath” while GME goes to $1T market cap and SP500 index is “no change”?
The screenshot, of which Barron’s could not verify the authenticity, shows an account that holds five million GameStop shares, worth $115.7 million. The shares were purchased at an average price of $21.27. The stock closed at $23.14 on Friday. The screenshot also shows 120,000 call options that expire on June 21. They represent the right to purchase shares at $20. The options are worth $65.7 million.
Re: GME and speculation that a bottom could be June 3-6… Also this person thinks Keith Gill / Roaring Kitty is a paid opp (see his other tweet below video)… I really wish I understood any of this, but I’ll leave it to the more trade-savvy among us. (twitter.com): https://greatawakening.win/p/17tKeC0obo/re-gme-and-speculation-that-a-bo/c/
I scrounged up 200 shares and I will hold them until the guy with one share has generational wealth.
Who am I kidding I’ll hold forever I’m in the infinity pool
My tits are double jacked today.
Edit
I had this on my bingo card for a change.
Ok, I’ll be the dumbass and ask. I’m assuming that this amount is enough to affect the whole stock market. Is that assumption correct?
Yes. If he exercised the options, the seller has to buy 12 million share and the price will rise and hedge funds and banks will go under. Then they a will be forced to sell shares in other companies and the price/ market will go down.
Ok, that’s what I thought, but I was basing it on what I saw in the movie Trading Places, so yeah. Thank you for answering me.
Hedge funds sold a billion gallons of orange juice and soon they will have to find it.
Didn’t the stock market recently shorten the number of days to pay money to seller?
Yes it's now one day, and all transaction are tracked.
Could roaring kitty demand to be paid in a particular currency or does it have to be the US dollar?
I'm told memes soar rest of market crashes
Big 6 MSFT, AAPL, NVDA, GOOG, META, AMZN being pushed waaay up so they can be cut in half or more while meme stocks, et. al rocket up. Possible net change of zero or positive on market indices such as SP500. Gonna be very strange, imo. Media will report “bloodbath” while GME goes to $1T market cap and SP500 index is “no change”?
😁
04JUN2024; "GameStop Stock Soars as ‘Roaring Kitty’ Appears to Show Big Stake. AMC Also Up.": https://www.msn.com/en-us/money/topstocks/roaring-kitty-is-back-again-he-appears-to-own-a-lot-of-gamestop-stock/ar-BB1nvlWB
June 2, 2024 related posts:
DeepFuckingValue/RoaringKitty/Keith Gill $GME YOLO update (he's filthy rich) (www.reddit.com): https://greatawakening.win/p/17tKndsKyx/deepfuckingvalueroaringkittykeit/c/
Keith Gill AKA Roaring Kitty updates his position in GME. BUCKLE UP! (files.catbox.moe): https://greatawakening.win/p/17tKndrmx4/keith-gill-aka-roaring-kitty-upd/c/
GME: Roaring Kitty posted tonight and we shot up 19% then it froze (overnight trading halted?): https://greatawakening.win/p/17tKnclJhr/gme-roaring-kitty-posted-tonight/c/
Roaring Kitty is back! 😻😻😻 (twitter.com): https://greatawakening.win/p/17tKncl33b/roaring-kitty-is-back-/c/
May 17, 2024 related posts:
The Roaring Kitty (Roaring Twenties) May 17th Connections: https://greatawakening.win/p/17t1yAHonq/the-roaring-kitty-roaring-twenti/c/
Re: GME and speculation that a bottom could be June 3-6… Also this person thinks Keith Gill / Roaring Kitty is a paid opp (see his other tweet below video)… I really wish I understood any of this, but I’ll leave it to the more trade-savvy among us. (twitter.com): https://greatawakening.win/p/17tKeC0obo/re-gme-and-speculation-that-a-bo/c/
Roaring kitty hid an image In the audio of his last video tweet today. (Audio spectrum analyzer): https://greatawakening.win/p/17t1tYBX8Q/roaring-kitty-hid-an-image-in-th/c/
DFV / ROARING KITTY - YOU CANT STOP WHAT IS COMING! (twitter.com): https://greatawakening.win/p/17t1tUlWQW/dfv--roaring-kitty--you-cant-sto/c/
Roaring Kitty - It's All Part of THE PLAN: https://greatawakening.win/p/17t1tST5QW/roaring-kitty--its-all-part-of-t/c/
GME Memes & Posts:
The Great $1T market cap scam inflating cabal companies and how it is likely to be used against them with GME at $1T $2T, $3T ($11,856) or higher. MSFT currently sits at $3.2T.: https://greatawakening.win/p/17tKipHQk4/the-great-1t-market-cap-scam-inf/c/
Monkeys throwing poo at Ken Griffin: https://greatawakening.win/p/17t1yBQUNC/hello-sec-theyre-at-it-again/c/
RFK Jr. as Spartacus leading "Ape Rebellion": https://greatawakening.win/p/17t1yDhHXs/iamrobertacus/c/
I wish I has Q million shares. Still HODLing.