Ever since Keith Gill, who goes by the moniker Roaring Kitty on Reddit, emerged from his deep slumber to rouse a devoted army of retail traders, common investors and analysts alike have been mulling over what the OG meme stock veteran intends to accomplish: is this simply a glorified personal enrichment scheme, or is there a deeper undercurrent? For the record, I don’t think anything Kitty did was illegal. However, I believe he and his associates overstate their importance in the market and overlook that the market dynamics and structure of $GME have changed since January 2021. Back then, he […]
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