FOMO or Free Speech? Roaring Kitty’s Livestream Threat Sparks Debate
- RoaringKitty has allegedly threatened to remove the E*TRADE logo.
- The threat was made in response to “seeing the headlines,” indicating a possible trigger for the action.
- The statement includes a warning, “Don’t make me,” suggesting a level of seriousness in the threat.
Tensions flared after popular retail investor Keith Gill, a.k.a. “Roaring Kitty,” issued a veiled threat during his latest livestream. Pointing at the E*TRADE logo, he stated, “Don’t make me…”
Sources report E*TRADE was considering removing Gill from its platform due to concerns over potential stock manipulation, following headlines about the move. Just weeks ago, Gill’s public disclosure of his holdings in Gamestop (GME) ignited a social media frenzy, sending the price of the meme stock soaring.
Gill, a central figure in the 2021 “meme stock” phenomenon, famously challenged institutional investors shorting GameStop. However, his latest moves caught the attention of market observers who delved into the implications for the broader market. The extreme volatility of GME may have also prompted some brokerage platforms, E*Trade, to consider delisting him.
Amidst this, Gill’s reaction took many by surprise. Others believed that the threat might have been a form of protest or a statement against E*TRADE.
It is important to note that E*TRADE has not yet responded to the matter. Meanwhile, Roaring Kitty’s actions have brought renewed scrutiny to narrative-driven altcoins and their long-term viability. Still, many have defended RoaringKitty, citing his past contributions to the retail trading community.
Whether E*TRADE will act on Gill’s statement remains uncertain. Market experts have cautioned against FOMO amidst Gamestop’s rollercoaster ride.
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