RFK Jr. Invests $24,000 in GameStop, Courting Meme Stock Investors

Independent presidential candidate Robert F. Kennedy Jr. wants to win over all the anti-establishment voters.

In a bid to demonstrate his support for retail investors whom he referred to as the “Ape retail rebellion,” in their battle against large institutional funds, Kennedy Jr. announced on Tuesday that he had invested $24,000 in the meme stock GameStop (NYSE: GME).

The announcement comes amid a revival of the meme stock phenomenon, which first gained attention in 2021 when retail investors, dubbing themselves “apes,” helped trigger massive rallies in the shares of struggling companies like GameStop and AMC (NYSE: AMC). The recent resurgence was sparked by the reappearance of “Roaring Kitty,” the influential figure behind the original GameStop frenzy.

Kennedy Jr.’s campaign, which has been actively targeting undecided voters with a fringe political brand, sees the meme stock movement as a potential source of support. Last month, Kennedy Jr. vowed to put the “entire US budget on blockchain.

He isn’t the only one. President Trump’s campaign announced that it would begin accepting cryptocurrency donations. The Trump campaign characterized the decision as a reflection of the president’s commitment to “freedom over socialistic government control.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

There’s A $600K Bid For A Vaccine Expert To Debate A US Presidential Candidate On Joe Rogan’s Podcast

In a recent Twitter exchange, Dr. Peter Hotez, a renowned vaccine expert, engaged in a...

Tuesday, June 20, 2023, 07:32:00 AM

The Stonk Movement Is Back: Meme Stocks Are Flying

Jim Cramer is not going to like this. Meme stocks seem to be making an...

Tuesday, August 9, 2022, 02:18:00 PM

GameStop Misses Q3 2023 Revenue Estimates As Cohen Secures Ability To Invest Company Cash As He Wishes

GameStop (NYSE: GME), the video game retailer, reported weak third-quarter financial results this week, missing...

Saturday, December 9, 2023, 09:14:00 AM

GameStop Crashes 17% In Pre-Market Trading After Announcing Plan To Sell 75 Million Shares On Open Market

After speculators spent all evening yesterday estimating the gain of Roaring Kitty’s portfolio on GameStop...

Friday, June 7, 2024, 08:29:21 AM

GameStop Reports Fiscal Q1 2022 Financials: US$1.38 Billion In Revenue, US$157.9 Million Net Loss

GameStop Corp (NYSE: GME) reported on Wednesday its financial results for fiscal Q1 2022, highlighting a...

Thursday, June 2, 2022, 09:40:00 AM