Here Is How Roaring Kitty Can Theoretically Force Market Makers To Buy 12 Million GameStop Shares

Here Is How Roaring Kitty Can Theoretically Force Market Makers To Buy 12 Million GameStop Shares

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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