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GME – Up over 90% in pre after Roaring Kitty posts $116 million Gamestop position on Reddit 

AMC – Up over 25% in pre in sympathy with GME 

BPTH – Up over 50% in pre after presenting successful interim Phase 2 trial results for Myeloid Leukemia treatment   

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GME – Up over 90% in pre after Roaring Kitty posts $116 million Gamestop position on Reddit 

GameStop Corp. (GME) is a specialty retailer that provides games and entertainment products through its stores and ecommerce platforms in the United States and internationally.

Over the weekend, Roaring Kitty, a big part of the great Gamestop squeeze of 2021 and 2024 posted for the first time on Reddit in 3 years. The post was a screenshot of his new GME position worth over $116 million in shares along with added options. Here is the screenshot:

GME shares traded up over 90% in the pre-market in reaction to the Reddit post.

The $38.50 area acted as support in the pre-market and will be an important level to watch.

Above it, targets to the upside are $43.30, $45, and then the pre-market high at $47.50. Beyond that, $48.75, $50, $55 and $64.83 come into play.

Below $38.50, targets to the downside are $37.35, $35, $30, $25 and then a gap fill at $23.13.

AMC – Up over 25% in pre in sympathy with GME 

AMC Entertainment Holdings, Inc. (AMC) through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theaters in the United States and Europe.

As has happened previous times in meme mania AMC is trading higher in sympathy with GME. The two main Meme names in the stock market are once again in play today after Roaring Kitty posted his massive Gamestop position on Reddit over the weekend.

AMC traded up over 25% in pre in sympathy with GME which traded up over 90%.

The $5.50 area acted as support in the pre-market and now becomes a potential resistance level.

Above it, targets to the upside are $5.70 and then the pre-market high at $5.90. Beyond that, $6, $6.50, $7, $7.50 and $7.79 come into play.

Below $5.50, targets to the downside are $5.30, $5, $4.71, $4.50 and then a gap fill at $4.35.

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BPTH – Up over 50% in pre after presenting successful interim Phase 2 trial results for Myeloid Leukemia treatment   

Bio-Path Holdings, Inc. (BPTH) operates as a clinical and preclinical stage oncology focused RNAi nanoparticle drug development company in the United States.

In the pre-market this morning, the company announced it had presented positive interim data from its ongoing Phase 2 combination study of Prexigebersen for treatment of acute Myeloid Leukemia at the American Society of Clinical Oncology (ASCO) annual meeting on June 1, 2024 in Chicago, IL.

The positive results from interim analysis demonstrated significant clinical improvement and tolerable safety profile for Prexigebersen combination in high-risk patients.

Given these promising interim results, Bio-Path expects to continue enrollment of up to 98 and 54 evaluable patients for Cohorts 1 and 2, respectively.

BPTH is a prior runner and traded up over 50% in the pre-market in reaction to the news.

The first target for bulls is the pre-market high at $3.80.

Beyond that $4, $4.30, $4.50, $5, $5.50 and $6 come into play.

Below $3.80, targets to the downside are $3.40, $3.20, $2.90,  $2.68, $2.40 and then a gap fill at $2.10.


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*Just so you know, what you’re reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let’s be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren’t what you’d call “typical.”

Just a quick heads up about this ad you’re reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received thirty thousand dollars (cash) directly from GoldMining Inc

for a five day advertising marketing program starting on June 3, 2024 to help them reach a larger audience of prospective investors. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.

Now, diving right into GoldMining Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there’s exceptional risk involved in trading. This isn’t small potatoes we’re talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We’re shining a light on the good stuff about the company here, but it’s on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.

Oh, that brings us to another crucial point—we’re not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.

Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can’t wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who’s licensed to give you real advice. To be clear,

Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization.

So, that’s the scoop! If you’re intrigued and want to learn more about the companies we talk about, hit up the SEC’s website to dig into their filings and see the full picture.

Jeff Bishop

One of the best traders anywhere, over the past 20 years Jeff’s made multi-millions trading stocks, ETFs, and options. He is renowned as an incredible trader with a deep insight and a sensitive pulse on the markets and the economy. Jeff Bishop is CEO and Co-Founder of RagingBull.com.

Even greater than his prowess as a trader is his skill and passion in teaching others how to trade and rake in profits while managing risk.

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