Andrew Left, the man synonymous with short-selling outfit Citron Research, has taken to X (formerly Twitter) to complain about the ongoing antics of Keith Gill (aka RoaringKitty/DeepFuckingValue).

Left, who successfully shorted Chinese frauds and called out Evergrande years before its eventual collapse, has earned the ire of retail investors since he attempted to short-sell GameStop in 2021 and walked away with a near 100% loss.

In the wake of the 2021 run-up in the price of GameStop stock and the failed attempt to short it, Left — once colloquially known as the ‘Bounty Hunter of Wall Street’ — claimed that his firm would no longer be short-selling, choosing instead to “focus on giving long side multibagger opportunities for individual investors.” It appears as though he’s since abandoned this focus on the long side.

Read more: Opinion: Roaring Kitty looks to have returned as a pump-and-dumper

The definition of insanity

After Left got torched on his GME short in 2021, few expected him to come back to announce another short position on the exact same company this year after it rallied from $10 to $65.

Left announced a short position on May 16 when GameStop was trading around $27. Providing he wasn’t margin called when GME briefly rose to $40, it could turn out that he’s once again in profit. However, considering the tone of Citron Research’s tweets, it seems unlikely.

Left has claimed that Gill likely received outside funding for his huge long position and call options purchases, but has also recently admitted that he doesn’t “think anything [Roaring Kitty] did was illegal.”

Gill’s return has left both GameStop advocates and skeptics scratching their respective heads and many have suggested he’s sold his accounts — albeit without any evidence to prove it. However, it seems more likely that it’s Gill posting and making millions of dollars on longing the same stock he did three years ago.

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The post Andrew Left of Citron Research gets torched by GME… again appeared first on Protos.

Protos previously reported that GameStop was quietly rallying again, this time without the assistance of Keith Gill (aka DeepFuckingValue, aka RoaringKitty). However, that’s apparently no longer the case as Gill reappeared this weekend, not only on X (formerly Twitter) but also on Reddit.

On X, Gill simply posted a green Uno reverse card, while on Reddit he shared his portfolio composition that appears to show $115 million in GameStop stock and ~$66 million in GameStop call options. The post is the first time that Gill has shared anything on Reddit since April 2021.

It’s unclear how Gill was able to acquire so much capital unless he was able to bottom and top-tick GameStop stock previously or is receiving some sort of outside funding.

Gill’s return prompted GameStop to shoot up in price yet again, from $22.91 to over $40.00 a share at open. Since then, the stock has largely returned to earth, trading at just over $30 as of writing. RobinHood customers reported overnight trading issues largely related to price volatility and volume.

Read more: After years of quiet, Roaring Kitty gets loud

Stock market breaks, Berkshire woes

Meanwhile, the New York Stock Exchange (NYSE) is having anything but a normal day, with numerous brokerages having outages, multiple stocks going untraded for minutes at a time, and the highest price stock on the exchange — Berkshire Hathaway Class A shares, which normally trade for over $600,000 apiece — plummeting over 99% for seemingly no reason whatsoever.

Forbes accidentally used the faulty data to update its rich list, showing Warren Buffett falling thousands of places and losing hundreds of billions of dollars in a day.

Berkshire Hathaway Class A shares haven’t recovered or shown actual pricing and it isn’t currently being traded. Significantly, the company’s Class B shares haven’t seen the same type of value disintegration, falling less than one percent.

The NYSE stated that it’s investigating a technical issue on the exchange related to limit up-limit down orders, but didn’t get into specifics.

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The post RoaringKitty returns to pump GameStop, stock market breaks appeared first on Protos.

GameStop stock has jumped nearly 30% and is currently trading at just under $22 — and this time without any help from RoaringKitty.

Its price has been on a rollercoaster in recent weeks, rising from $10 to nearly $65 and back down to $17 in a month. Its current price puts it almost 30% off its recent lows.

So, what is the reason for the boost? On Friday the video game retailer announced that it had earned nearly $1 billion dollars from its at-the-market equity offering program, which should help the company pursue growth options, complete acquisitions, or even do stock buybacks.

Additionally, the ATM equity offering provides it with a bigger cushion of cash in the short term. It only reported $1 billion worth of cash and cash equivalents on May 17.

Read more: Andrew Tate seems confused as he dumps bitcoin to buy GameStop

Gill’s gone but GME meme lives on

Keith Gill started posting on his years-dormant X (formerly Twitter) account on May 12, never saying a word but posting hundreds of memes and gifs over a five-day period. The retail investor, whose claim to fame was hours-long livestreams in which he’d discuss his GameStop long thesis on YouTube, was both celebrated and ridiculed for his vague return.

Since then Gill has again gone radio silent, never returning to any of his other social media accounts.

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The post GameStop rallies again, this time without RoaringKitty appeared first on Protos.

There was something different about the way that Keith Gill (aka RoaringKitty on YouTube or DeepFuckingValue on Reddit) used to shill GameStop. He’d do in-depth, long, and extensive live streams and videos sharing his thesis, always instructed that people should reflect on their personal financial situation before buying or selling shares, and generally told followers to take profit when they wanted to.

Gill was also quite active on YouTube and Reddit, where he’d show his own portfolio so people knew whether or not he was adding to or subtracting from positions.

But since he’s returned from his social media hiatus, which started with a meme about AMC stock that well-known pump and dumper Zack Morris had used a few days before, the public has witnessed a huge departure from this approach.

This time, Roaring Kitty isn’t sharing his theses or his portfolio positions, nor is he explaining why he likes certain stocks or live streaming for five hours at a time. Instead, he’s shitposting memes, clearly advocating for GameStop as a great buy (despite his previous thesis failing miserably), and basically pumping a stock for no clear reason.

RoaringKitty is no longer a thesis-driven trader — he’s another average pump-and-dumper with a large audience.

Read more: Andrew Tate seems confused as he dumps bitcoin to buy GameStop

Disappointing Kitty

There are any number of reasons that Gill could give to justify his posting of dozens of vague memes posted from his X (formerly Twitter) account, now boasting over a million followers.

For instance, it’s fair to say that since 2021, when meme stocks first became a concept and Gabe Plotkin blew up his fund, Melvin Capital, very little has changed in the finance world — particularly in regard to the issues that caused RobinHood to shutter all buying of certain stocks and the complexities of capital requirements.

Unfortunately, there is no Gabe Plotkin, Steve Cohen, Vlad Tenev, or Ken Griffin to frame up as the stereotypical villain. No evil VCs or hedgies are openly discussing shorting GameStop, short interest is nowhere near levels seen in 2021, and GameStop is little more than a company walking the thin line between failing business and bankruptcy protection.

Revisiting old Gill live streams and videos, you can listen to his thesis: GameStop will be the Amazon of gaming, it’s apparently going to build a massive digital marketplace, NFTs will play an important role, and locations are important so gamers can trade in old games and buy physical copies.

Needless to say, none of these theories panned out. Indeed, GameStop has closed 200+ stores in three years, it’s not making money, and Cohen has been a terrible CEO.

A new beginning for Roaring Kitty

Am I surprised that Roaring Kitty’s valiant return is to shitpost and pump and dump? Of course not. I imagine that the desire to take the easy road is almost impossible to resist when you know that one single tweet can move a stock 50%+.

I’m not sure how many individuals could stop themselves from doing so, especially if a win was almost guaranteed. But it is disappointing to see someone who spent years proudly shilling his investment the right way to turn around and immediately give in to his every whim.

I don’t know what’s next for Keith Gill, but I wouldn’t be surprised to see Gary Gensler ask him more questions and scour his tweets for any possible way in which he broke rules and regulations.

I’m not sure what happened to Gill but he’s certainly not the same. Not only that, the new version of him isn’t as interesting, doesn’t have nearly as much to say, and, let’s face it, is a shadow of the hopeful figure he once presented for retail traders.

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The post Opinion: Roaring Kitty looks to have returned as a pump-and-dumper appeared first on Protos.

A small-time retail trader named Keith Gill — also known online as Roaring Kitty and DeepFuckingValue — who is famous for helping GameStop become the meme stock of the century around 2021 has reappeared on X (formerly Twitter) after years of silence.

Read more: Andrew Tate seems confused as he dumps bitcoin to buy GameStop

Gill’s videos and live streams, which often advocated for investors to examine their own financial situation and take profit accordingly, were referenced in front of Congress, where he testified and stated, simply, “I like the stock.”

The influential tweeter made his return on Monday and since then has posted a dozen tweets, all videos, all suggestive memes.

Part of Gill’s testimony pointed out that GameStop retained value in its physical locations. Since then, over 200 locations have closed, according to a website that tracks the closing of GameStop locations.

Judging by Gill’s tweets, it appears as though he’s expressing some disappointment, either with how management has handled GameStop since the run-up in stock price, or how the entire financial system has reacted since the blowup of RobinHood in 2021.

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The post After years of quiet, Roaring Kitty gets loud appeared first on Protos.

Andrew Tate claims he’s cashed in a portion of his bitcoin holdings and invested the funds into GameStop following a new wave of hype around the controversial stock. However, he can’t seem to decide on a figure.

Tate initially said he made a $50,000 investment into GameStop before changing this to half a million. He then upped the ante even more, claiming that he’d actually allotted $6 million worth of his crypto to destroy hedge funds.

The hype around GameStop was fuelled by the return of investment-focused social media personality Roaring Kitty, who helped inspire the initial GameStop rally in 2021.

When Kitty posted on X (formerly Twitter) for the first time in three years today, GameStop’s price reportedly doubled. In response, Nasdaq has halted the trading of the stock 18 times today, likely due to the sudden price swings. 

However, these swings apparently haven’t deterred Tate, who claims he’ll hold onto the stock regardless as “PERMA DONATIONS TO THE CAUSE AGAINST THE SYSTEM.” 

The controversial influencer then described the investment as a ‘spiritual battle’ and claimed that it’s about “pissing off some dork somewhere on wall street with a fucking vaccine and a tiny Johnson.”

Read more: Andrew Tate brags he made millions on PancakeSwap, disses meme coins

Tate still faces legal troubles in a number of court cases, including four women in the UK suing him over alleged rape and assault and the continuation of his human trafficking case in Romania. 

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The post Andrew Tate seems confused as he dumps bitcoin to buy GameStop appeared first on Protos.