Roaring Kitty’s $300M GME position sparks market manipulation claims

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Citron Research accuses Keith Gill, aka Roaring Kitty, of manipulating GameStop stock with his $300M position. The allegations follow Citron's renewed short position in GME. Learn more about the controversy.

The GameStop position of Keith Gill, known as “Roaring Kitty,” is more akin to market manipulation than traditional investing, according to Citron Research.

, which could make him the first GameStop billionaire by the end of this week, provided that prices continue to rise. Citron Research also alleged that Gill’s GME position may be financially backed by a larger entity, according to the post: “Citron Research was the latest short seller to announce a short position. On May 16th, Citron announced that they are short $GME again. In 2021, Citron lost over $100 million shorting $GME.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 562. in BE

Belgique Dernières Nouvelles, Belgique Actualités