Kenny Glick vs. Roaring Kitty: “Easiest short of the year”

HitTheBid.com owner Kenny Glick shares his unfiltered views on meme stocks and why he believes Keith ”Roaring Kitty” Gill’s approach is flawed. He goes on to say that Chewy (CHWY) became the “easiest short of the year,” after Roaring Kitty’s disclosure of his stake in the company.

Glick discusses his thoughts with Yahoo Finance’s Jared Blikre and Sydnee Fried on “Stocks in Translation.” Listen to the full episode here, or wherever you get your podcasts.

This post was written by Jimi Corpuz

Video Transcript

Which meme Stock?

Where is the mantra be?

It could be game stuff.

It could be chewy.

It could be a MC.

Do you even care about meme stock?

Oh my God.

Please stop calling it that.

Why any stock that has some volume on that people are talking about the internet.

Suddenly a meme stock.

I hate the word meme, I hate the word meme stock to catch all.

I, I don’t, I don’t, I don’t get it like they, now they’ve dubbed Chewy a meme stock.

I’ll tell you what shorted.

Right.

Yeah, I’ll tell you something.

It was the easiest short of the year yesterday when this guy, I, I never watched one of his videos.

I finally sat there and watched the one, everyone was talking about him, like last, last week, the week before I was like, not a whole lot went on.

Right.

And so now I’m actually rooting against this guy.

He was so un entertaining.

So, I mean, I, I know he couldn’t say much, but to me it was awful and I, now, now I’m, I’m anti this guy.

So when I heard he was getting involved in Chewy as soon as it broke VW, that was at $32.

I’m like, oh, we’re gonna kill this guy.

Do you think you’re falling into his trap?

What do you think you’re falling into a trap?

Well, I never buy what anybody ever tells me again.

I, I’m, I’m all about price action and just what I see.

So even if the CEO called me and said, hey, listen, Kenny, we’re gonna get bought out in three days from now.

You’re below the V web.

Take, take.

Thanks a lot.

It doesn’t matter.

That’s why I love the way I trade.

Story continues

You know, again, I just, I believe what I see and that’s the way I’ve lived my life.

That’s why this is so appealing to me.

Yeah.

Yeah, I believe what I see.

Meme stops are co stocks are complicated though because they, they are going up when someone like him buys them.

Right?

So, I mean, I don’t know for someone who’s just getting in and who is not, who is not like you, who is listening to what they’re seeing.

I mean, they could get in real trouble.

Right.

Sure.

And what I can understand is what they, what they’re waiting for, what they’re waiting for to happen already happened.

So, Gamestop went from 8 to 80.

What were you, what else would you, what else did you want?

And then it crashed down to 20.

I understand your attitude completely by the way, but it’s not a common question.

But is there, is there one is a MC still up a lot from where it was?

Ok.

So it, it hasn’t really suited anyone long.

I have a cousin that’s living a MC street now because of that keeps believing one day.

That’s why you live home with Aunt Joan now.