'Roaring Kitty' is sued for alleged GameStop manipulation

#1

Post by 609venezia » Mon, Jul 01, 2024, 9:53 PM UTC

'Roaring Kitty' is sued for alleged GameStop manipulation
reuters.com

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#2

Post by reallymental » Mon, Jul 01, 2024, 10:21 PM UTC

You either die a hero or live long enough to get sued.

Charming quip aside, he knew what he was doing. He knew what he was doing 4 years ago, and he does even more now.

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#3

Post by Mistletoe » Mon, Jul 01, 2024, 10:29 PM UTC

https://archive.is/9jUJJ

My opinion is he should have learned what enough is. He made enough money for many lifetimes. Coming back for more, like his livestream, was intensely stupid.

Then he recently moved to Chewy. A larger target could not be painted on his back for an example to be made of.

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#4

Post by stefanos82 » Mon, Jul 01, 2024, 10:30 PM UTC

It has been already dismissed https://www.reddit.com/r/Superstonk/comments/1dt22iq/dfv_law...

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#5

Post by toomuchtodo » Mon, Jul 01, 2024, 10:34 PM UTC

stefanos82 wrote: post #4

It has been already dismissed https://www.reddit.com/r/Superstonk/comments/1dt22iq/dfv_law...

Bloomberg: https://www.bloomberg.com/news/articles/2024-07-01/-roaring-... | https://archive.today/yI3UF

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#6

Post by chung8123 » Mon, Jul 01, 2024, 10:47 PM UTC

I don't understand what the manipulation here is. Has he sold his shares? It is not illegal to buy shares in a company and say you bought shares in the company as long as you are trading on public information.

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#7

Post by pedalpete » Mon, Jul 01, 2024, 11:02 PM UTC

The title has changed to 'Roaring Kitty' lawsuit over GameStop is withdrawn for now

So the original post is no longer valid.

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#8

Post by bdcravens » Mon, Jul 01, 2024, 11:06 PM UTC

stefanos82 wrote: post #4

It has been already dismissed https://www.reddit.com/r/Superstonk/comments/1dt22iq/dfv_law...

Voluntary, which means it can be reintroduced at a later point.

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#9

Post by moralestapia » Mon, Jul 01, 2024, 11:30 PM UTC

Mistletoe wrote: post #3

https://archive.is/9jUJJ My opinion is he should have learned what enough is. He made enough money for many lifetimes. Coming back for more, like his livestream, was intensely stupid. Then he recently moved to Chewy. A larger target could not be painted on his back for an example to be made of.

>He made enough money for many lifetimes.

Did he already sell?

Then the Chewy thing ... is that supossed to be bad? Is he doing anything illegal?

Re: 'Roaring Kitty' is sued for alleged GameStop manipulation

#10

Post by simcop2387 » Tue, Jul 02, 2024, 1:25 AM UTC

bdcravens wrote: post #8

stefanos82 wrote: post #4

It has been already dismissed https://www.reddit.com/r/Superstonk/comments/1dt22iq/dfv_law...

Voluntary, which means it can be reintroduced at a later point.

The key part isn't that it's voluntary but "without prejudice".