OptionsDelta
06-08

$GameStop(GME)$ Correction: GME issued 75 million new shares today, not 30 million. This offering was priced at $40. After the two offerings, GME now has $5 billion in cash.

So is there a possibility that even if Roaring Kitty's account doesn't profit from trading, he could still make money?

Profits from stock trading or company compensation - no real difference, money is money.

Oh man, this GME saga is just getting to the stratosphere.

No need for narratives about aggressive bullying or stock speculation. It's simply the heartbreaking story of an obsessive stock fan getting sniped by his beloved company's offering.

Given the circumstances, no need to worry about Roaring Kitty's exit. Losses on the June 21st options are perfectly understandable now.

This post was even re-shared by Roaring Kitty himself, so very much above board.

Party is Over? Will You Short GME?
GME ended the session lower by 12.1%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies. -------------------- What's your target price for GME? Will you go long or go short?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Agxm
    06-08
    Agxm
    I thought the 75m share is 11june?
  • AuntieAaA
    06-09
    AuntieAaA
    GOOD
  • KSR
    06-08
    KSR
    👍
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