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Transcripts For FOXNEWSW Your 20240607

and you re gonna hear me roar lower than a lion mckitty is roaring and so are the jobs. john is in a moment. the roaring kitty who single-handedly drove up meme stocks like aim stop breaking his silence after 3 years today. you should keep your eye on stuff. reserve the right to change her mind about stuff just like i do. don t follow anyone blindly. nothing on the stream is advice. hopefully you know that. not everyone does but more getting to know it now. internet influencer position didn t gamestop hoist to be worth close to a billion dollars until gamestop plunged close to 40% today giving back a lot of the big gains he s been experiencing but exactly who is this guy and how did he become so influential in the first place? a lot of people ask that. i m neil cavuto. let s get it with kelly grady on all the attention. kelly o grady on all the attention he s getting because he s back after 3 years. what s going on. this is 1 of the more wild i guess we have t

Transcripts For FOXNEWS Your World With Neil Cavuto 20240607-120

kelly o grady on all the attention he s getting because he s back after 3 years. what s going on. this is 1 of the more wild i guess we have to call it investor call at this point that i ve attended and we had to wait quite a bit. keith gill roaring kitty showed up nearly half hour late but ultimately spoke to over 600,000 listeners and shared he had no game plan for this livestream. even admitted he might be cuckoo at 1 point. that s always been his appeal. he s very counter to the traditional investor. we did glean 3 key things from the stream that i want to share with you. first gill s gamestop position makes up the entirety of his portfolio so what you re looking at on-screen was the value following the markets close last night 500 a $6 million. of course the stock fluctuated wildly today finishing 39% down but it is still higher than when gil bodden.

Transcripts For FOXNEWS Your World With Neil Cavuto 20240607-180

the second take away his roaring kitty really believes in gamestop s future. he reiterated that confidence that the company can revamp its legacy business that all comes down to the team and ceo ryan cohen. here s a bit of what he had to say. bet on the team. from what i ve seen so far i think i reserve the right to change my mind as you should. i m a believer right now. 3 years jack letts what happens from here. a lot of investors disagree with gil after gamestop released their earnings this morning. a few days early. we saw 29% dip in sales this quarter versus last year. 32 million-dollar loss in the quarter but what did he say? he said he reserves the right to change his mind at it really does seem he s changed his messaging versus last him around with it likely because the regulators are investigating his trading activity tech while legally safer the stock dropped

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