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'Roaring Kitty's GameStop position is in the money - Vimarsana News

'Roaring Kitty's GameStop position is in the money

GameStop's main meme trader 'Roaring Kitty' posted an update on where his holdings of the video game maker stand and despite a two-day downturn in the shares he's still in the green.

Gamestop Corporation (NYSE:GME), (AMC) - A Hedge Fund Bet In Favor Of GameStop And Made Away With $700M In Reddit-Fueled Rally - Vimarsana News

Gamestop Corporation (NYSE:GME), (AMC) - A Hedge Fund Bet In Favor Of GameStop And Made Away With $700M In Reddit-Fueled Rally

Share: Senvest Management LLC made $700 million in the WallStreetBets-fueled rally in GameStop Corp (NYSE: GME), the Wall Street Journal reported Wednesday.  What Happened: The two started buying the shares of the video game retailed in September and rode the GameStop rocket as the share shot up from less than $10 to above $400, the Journal reported. “When it started its march, we thought, something’s percolating here,” said Mashaal — adding, “But we had no idea how crazy this thing was going to get.” Senvest reportedly became curious about GameStop after viewing a presentation ...