Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Bought 20 more share GME last night

views
     
SUSfuzzy
post Feb 3 2021, 05:13 PM

*pew pew pew*
*******
Senior Member
7,106 posts

Joined: Jan 2003


QUOTE(eXTaTine @ Feb 3 2021, 05:09 PM)
Dropping to 7x in premarket. So, what to do?

BBBUUU? Or DDDSSS?
*
Hoot nia... Wall Street needs their bonus from tards...
SUSfuzzy
post Feb 18 2021, 11:59 PM

*pew pew pew*
*******
Senior Member
7,106 posts

Joined: Jan 2003


QUOTE(lurkingaround @ Feb 5 2021, 11:17 AM)
.
Today, GME share price closed at US$53.

Your outlay; ... 20 GME shares at US$200 each = US$4,000.
Your losses as of today's price of US$53 if still HODL = about US$3,000 = about RM12,000.  sad.gif
.
*
He said he bought more, so meaning he holds more than 20 shares around that price, given the price prior to 200 was on the uptrend..

RIP TS.
SUSfuzzy
post Feb 19 2021, 12:08 AM

*pew pew pew*
*******
Senior Member
7,106 posts

Joined: Jan 2003


QUOTE(lurkingaround @ Feb 18 2021, 11:50 PM)
.
https://www.nytimes.com/live/2021/02/17/bus...kitty-testimony - Roaring Kitty Will Tell Congress He Was a True Believer in GameStop - Last Updated - Feb. 18, 2021, 7:07 a.m. ET

Keith Gill, the former MassMutual wellness education director who advocated for shares of GameStop in his free time, is prepared to tell a House committee on Thursday that he never provided investment advice for a fee and did not “solicit anyone to buy or sell the stock for my own profit.”

The statement made no mention of the fact that Mr. Gill was a registered securities broker and a chartered financial analyst while he was posting online about GameStop under the alias Roaring Kitty and another pseudonym that included a vulgarity.

In the five-page statement, Mr. Gill described himself as a true believer in the fortunes of GameStop, a video game retailer, and said his postings online about the company had nothing to do with his job at MassMutual. He portrayed himself as a one-person operation doing battle with wealthy hedge funds, some of which were shorting shares of GameStop and betting on its collapse.

“The idea that I used social media to promote GameStop stock to unwitting investors is preposterous,” Mr. Gill said in the statement, which his lawyer provided to the House Committee on Financial Services in advance of Thursday’s hearing into the speculative and aggressive trading last month in shares of GameStop. “I was abundantly clear that my channel was for educational purposes only, and that my aggressive style of investing was unlikely to be suitable for most folks checking out the channel.”

He said he had shared his investment ideas online because he “had reached a level where I felt sharing them publicly could help others.”

Mr. Gill described himself as an average guy who earned a modest income and was effectively out of work for two years before landing at MassMutual in April 2019. The statement skirted over how much money he had made trading shares of GameStop — though he said he had told his family at one point that “we were millionaires.” He also did not mention that Massachusetts securities regulators are investigating whether he violated any securities industry rules and regulations with his social media postings.

On Tuesday, Mr. Gill and his former employer were named as defendants in a proposed class-action lawsuit that claimed he misled retail investors who bought shares of GameStop during its 1,700 percent rally only to suffer losses when the stock quickly gave back most of those gains. The lawsuit contends that MassMutual and its brokerage arm did not properly supervise Mr. Gill, who was an employee until a few weeks ago.

Mr. Gill’s lawyer, William Taylor, declined to comment on the lawsuit. A spokeswoman for MassMutual said the company was reviewing the matter with Mr. Gill.

Mr. Gill is one of a half-dozen witnesses scheduled to testify at the hearing, which will focus on the impact of short selling, social media and hedge funds on retail investors and market speculation.

— Matthew Goldstein


.
Looks like every thing about Keith Gill smells fishy, hence got a Class-action lawsuit against him by losing Retail investors in GME. Why was he not upfront with the fact that he was a Financial Advisor(to rich folks and companies) and working for MassMutual when he was hyping Gamestop/GME shares to Retail investors at Reddit/Wallstreetbets as (im)poster #DeepFuckingValue in early January 2021.? In fact, he was impersonating as an ordinary Retail investor. Only on Friday 29 Jan 2021(GME share price closed at US$329), was he outed by the news media for who he really was, ie his real name and vocation.

GME share price has dropped and is now at about US$45.
.

P S - The actual Congress hearing is at noon ET(= NY time), ie about 1 hour from now.
.
*
They will have nothing on him. He started to buy the options back in 2019 and for a long while he was in the red until someone else pointed out the short selling game.

In fact, a short seller published a report (Citron) saying GME was overvalued and they were shorting it, which usually leads to a share price tanking, but instead someone saw that they had MORE shorts than actual stocks and began the whole buy GME thing.

SUSfuzzy
post Feb 19 2021, 12:33 AM

*pew pew pew*
*******
Senior Member
7,106 posts

Joined: Jan 2003


QUOTE(lurkingaround @ Feb 19 2021, 12:28 AM)
.
If what you and gullible Retail investors of GME say is true, how come the "short-squeeze" lasted for only 4 days, ie from 26 to 29 Jan 2021.? How come still no more short-squeezing by Retail investors for the past 2 weeks.?

To me, it is a typical pump-and-dump + buy-low-and-sell-high operation conspired by a gang of HF/MF market manipulators, who likely included #DFV aka #RK aka Keith Patrick Gill.

Why did Keith P Gill stop posting his GME share portfolio/holdings after 29 Jan 2021.? Probably he has sold off all his GME shares at about US$300.
.
*
He stop posting because he was called to testify la and was not allowed to post anymore. If you follow wsb, he has always posted his position since way before the jump.

And I believe he hasn't bought anything for a long time now, his position was like USD16 or something ridiculous like that. So people memang bodoh to buy it at 300 when he don't even bother to buy anymore.

The short squeeze lasted 4 days because most of the trading platform banned users from buying the stock this allowed some of the short sellers to close their position with a smaller loss.

 

Change to:
| Lo-Fi Version
0.0208sec    0.41    6 queries    GZIP Disabled
Time is now: 8th December 2025 - 02:33 PM