Roaring Kitty Now Has To File A Form 13G With The SEC As His GameStop Stake Exceeds The 5 Percent Threshold

In a striking example of just how disruptive is the ongoing meme stock mania 2.0, one that has seen aggressive albeit ephemeral pumps in GameStop and AMC shares, Roaring Kitty – the inarguable architect of this retail-led movement – now qualifies for the SEC’s Form 13G reporting requirements. For the benefit of those who might not be aware, Roaring Kitty provided an update on Reddit just a few hours back, revealing that he now holds around $65 million worth of $20 calls on GameStop along with over $115 million worth of shares and $29 million in cash. .@TheRoaringKitty is back with […]

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