Meme stock leader Keith Gill (code-named "Roaring Kitty") will return to YouTube for a live broadcast at noon on June 7 Eastern Time (midnight on June 8 in Hong Kong), which will be his return to the platform after three years.
Pre-market trading on US stocks on Friday,$GameStop (GME.US)$The company released its Q1 performance in advance, while applying to sell up to 75 million Class A shares. The company had already sold 45 million shares of stock, with total revenue of approximately $933.4 million. Affected by this news, GameStop fell more than 18% at one point, having previously risen nearly 36%.
According to the financial report, the company's Q1 revenue was $882 million, compared with $1.237 billion in the same period last year; net loss was $32.3 million, compared with a net loss of $50.5 million in the same period last year.
Retail investor leader "Roaring Kitty" returns to the livestream room
According to a post on Google's YouTube, meme stock leader Keith Gill will return to the platform for a live broadcast, his first in three years. The YouTube platform shows that Roaring Kitty's live broadcast will start at noon on Friday EDT, and the live broadcast cover also reads: "I bet with you, I will Let you participate".
Although Roaring Kitty's YouTube post did not specify what he will discuss, nor did he indicate whether he will disclose new positions, people have been speculating that he will express bullish views on GameStop.
Currently, Roaring Kitty's YouTube account has 803,000 subscribers, and the live stream trailer has received 36,000 likes, with 15,000 people waiting for his live broadcast. It shows the huge influence of Gill.
Friday's live broadcast details also include a disclaimer, which has never appeared in Roaring Kitty's previous live broadcasts. The disclaimer states that the video will be based on personal views, as well as familiar equity legal terms, and warns that past performance is not indicative of future results.
Earned nearly $400 million, but the bears are also watching in secret
Earlier today, meme stock leader Keith Gill posted another screenshot of the delivery order on his Reddit account "DeepF-Value", and unlike before, Keith Gill's position in GameStop's shares and call options had not changed and still remains 5 million shares of common stock and 120,000 call options.
After the surge in GameStop's share price, Keith Gill himself has made a fortune. The profit from Gill's stock position is 118.81%, and the profit of the call options is 375.75%. The value of both has reached a staggering $557 million, and the floating profit is $382 million, but he has not cashed in yet.
On the other hand, the bears continued to suffer losses. Data analysis company S3 Partners said that GameStop's short positions suffered a book loss of nearly $1 billion, and put investors lost about $1.4 billion last month.
Among these "aerial forces", we can also see the figure of a familiar short-selling institution, the well-known short-selling institution Citron Research. With the return of Gill, Citron founder Andrew Left announced that he would short GameStop again. The institution had a loss of over $100 million in shorting GameStop in 2021.
Duan Yongping also followed the trend and sold call options with a strike price of up to $100 for GameStop, with the option expiring on January 17, 2025. After the operation, Duan Yongping supplemented the post and said that this call option is basically a win.
There are also reports that Morgan Stanley's brokerage E-Trade may take action against Gill and may consider banning him from using its platform for trading. Additionally, at least one securities regulator is currently investigating him for allegedly manipulating stocks.
Mooers,
"Roaring Kitty" returned to the livestream room after three years,
Can he lead meme stocks to create another craze?
Editor/tolk