Sangmi Cha
Sangmi Cha is a journalist at Bloomberg, covering financial markets and business news. She focuses on the intersection of technology and finance, with a particular interest in how social media influences market trends. Prior to joining Bloomberg, she worked at The Wall Street Journal and Reuters. Her articles often cover topics such as stock market movements, mergers and acquisitions, and corporate earnings reports.
82%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
75%
Examples:
- The author focuses on Keith Gill's $116 million position in GameStop without mentioning his previous calls for investors to buy the stock, which could give a more complete picture of his actions.
Conflicts of Interest
90%
Examples:
- The author discloses that the account (Keith Gill) that drove the meme-stock mania of 2021 posted what appeared to be a $116 million position in GameStop. This could be seen as a conflict of interest.
Contradictions
85%
Examples:
- The author states that GameStop shares surged 73% in premarket trading on speculation of Gill's potential large position. However, they also mention that Keith Gill posted on Reddit revealing he holds $181.4 million worth of GME stock and call options.
Deceptions
80%
Examples:
- The author's focus on Gill's $116 million position in GameStop without mentioning his previous calls for investors to buy the stock could be seen as deceptive.
Recent Articles
Roaring Kitty's GameStop Investment: 5 Million Shares and $65 Million in Call Options Boost Stock Price
Broke On: Monday, 03 June 2024Reddit user Roaring Kitty's disclosure of a 5 million share stake in GameStop, worth over $115 million, triggers a 73% surge in the video game retailer's stock price. The investment comes amidst a broader trend of meme-stock mania driven by retail investor interest on social media platforms.