How WallStreetBets Trader Roaring Kitty Made $50k into $50MM on GameStop (GME) Call Options & Stock

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This video covers how WallStreetBets Trader and YouTuber Roaring Kitty was able to turn an initial $50k investment in GameStop (GME) call options into $50MM at his portfolio's peak during the height of GameStop's short squeeze. We will cover the entire timeline of Roaring Kitty's Reddit post history to show the full progression of his GameStop portfolio from September 2019 to February 2021, and how he was able to turn a profit for the history books.

Roaring Kitty's YouTube Channel:

Disclaimer:
I am not a financial advisor. My videos are for educational and entertainment purposes only and should not be taken as investment advice. Trade and Invest at your own risk.
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On Feb 22nd after being pressured, under oath, to admit he thought GME was still a good purchase, roaring kitty doubled his portfolio purchasing an additional 2 million dollars of GME at $46. The price today, two weeks later, stands at $198.

roamingthereal
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He researched, made a smart move, then benefited greatly from a social moment/meme. His initial 4x goal was very realistic based on his research.

shibity
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This dude was so committed to that stock.

TT-dver
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All these years later such a great video. Thank you

JTJT
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Keith did NO different from what hedge funds do everyday and get away with! Market manipulation by posting his trades? I don’t think that’s a crime. Naked short selling stocks are a crime. DFV is exposing the hf, to say “hey, gotcha at your own game but I did it legal.”

karrietulip
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Thank you for this video!!! Very Helpful!

gains
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Great insight! Broke it down very well.

dillon
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popped up in my recommended but thanks for the most non biased take ive seen on this topic

amadeuz
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Great content and info thank you. Great to know an in depth story of this Gamestop hero.

zerotolerance
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Great vid, just watched the movie today, this explains everything. Good job.

donalmadden
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Thanks for sharing. I'm looking forward to the hearing. Roaring Kitty has been subpoenaed for his involvement. I guess they'll have to do alot of analysis on his success. The media continues to report investigating this short squeeze.. blaming the little guy.. rather that the root of the problem.. the overly shorted stocks.at 140% by the hedgefunds. Very interesting this will be.

DaisyLucy
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He made a tweet today first one in 3 years

dronegeeks
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so now we can expect him to turn 50 million into a billion next year right?

danyoungrasshopper
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Thanks for the great video! I went back and was looking at his posts Reddit and noticed that for awhile there his contracts were worth more than his shares.
I’m new to all this so forgive the dumb question but...i don’t understand the value of the contracts. Is that the extrinsic value? So did he sell those call option contracts, or exercise them and immediately sell the shares for profit? Or?? I don’t get how that works. 🤔🥺

bonnarook
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Please Cover DISH before it squeezes like GME did in 2021. Most undervalued and over shorted stock on the market! Insiders absolutely loading the past couple months too

macattack
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I am not a cat but I still like the stock

jab
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I remember hearing about this story on the news, long before I became interested in investing and the image that was presented to the general public was vastly different than what actually happened. I remember getting the impression that some disgruntled gamer wanted to stick it to the Man and randomly chose GME to attempt a grassroots stock revolt. Now, having seen Dumb Money and doing more research on Roaring Kitty, I realize the impression I got was completely wrong. I hope the Man isn't foolish enough to go after him. AOC will be the least of their problems if they do.

heartland
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He made 50 million so far. 50 Billions is the next stop.

shugfkc
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This dude literally turned pennies into millions. There was a contract in there that he invested a meager $7200 in total and came out with 1.4M. His Jan 15 call at 20.

ReveredDead
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I subscribed. Thank-you for bringing this all in one place. I wasn't involved with the stock market much at this time, so it's very useful to see this hindsight view.
By the way, as a fellow YouTuber, I think you deserve more subs, and likes, but unfortunately the way of youtube is a rather selfish one on the part of the viewers.
It's actually because my YouTube channel failed, that I've gotten involved in the stock market the past few years. Good luck to you Alexander.

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