What's Next for Roaring Kitty's $85 Million Gain? What Would You Do?
When Roaring Kitty posted another update revealing his massive $85 million gain as of today's close, speculation arose about what his next move would be.
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Congratulations to @Bibou for the impressive $26,934 return on $GameStop(GME)$. [Applaud][Applaud][Applaud]
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Despite the chaotic stock price of the day, the closing price still rose by about 21%. Roaring Kitty released another update, revealing that his earnings reached $85 million as of today's close.
Did he sell into the strength? Is he buying more?[Doubt]
Why did he accumulate so many short-dated call options? Will he wait until they expire or take profits?[Doubt]
Before answering these questions, we need to address another:
Where did the money Roaring Kitty made come from?
With a daily profit of $85 million, what do you think his next step will be?
And what about yours?
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He held from up $300M to up $85M.
Dude is running a hedge fund from his house on one stock.
HODL to Infiniti. That has to be some sort of achievement unlock to the game of life
If I were him, hold!