> The would-be plaintiff representing investors in the case, Christian Iovin of Washington state, sold $200,000 worth of call options on GameStop shares when the stock was below $100. The stock quickly eclipsed $400 a share, forcing him to buy the calls back at elevated prices.
When you're a gambler what right do you have to sue other gamblers?
Also, why does this article have a bunch of typos?
If Roaring Kitty was wrong, why is GameStop still trading at ten times the price from when he was promoting it?
Because it is still being heavily promoted. People like Chamath took over the cause to build their own personal brand.
I'm not a finance person here but what's the difference between Gill promoting a stock versus people like Jim Cramer or sites like Motley Fool promoting a stock?
I would like to buy a buy a drink for the Lawyer who sold this case to plaintiffs.