$GameStop(GME)$ 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.
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- Agxm·06-08I thought the 75m share is 11june?LikeReport
- AuntieAaA·06-09GOODLikeReport
- KSR·06-08👍LikeReport