It was just a screenshot of a portfolio, posted on a Reddit account associated with meme stock folk hero Keith Gill. It sent markets surging and may have revealed just how big his fortune is.
It was just a screenshot of a portfolio, posted without comment on Reddit by an account associated with Keith Gill.
Reddit user Roaring Kitty was a central figure in the meme stock craze helping to fuel a runaway rally in GameStop stock and inflicting dramatic losses on hedge funds betting against it.Gill — who played a starring role in 2021’s meme-stock mania and inspired a legion of individual investors to prop up shares of GameStop — didn’t respond to a request for comment.
The options would allow the purchase of an additional 12 million shares. The position could hypothetically make him the retailer’s fourth-largest shareholder, according to data compiled by Bloomberg. Gill’s social media accounts had been dormant for more than three years until last month, when Roaring Kitty resurfaced on X, posting an image of a man leaning forward in a chair. Fans took the hieroglyph as an indication their beloved leader was back in action, and bid up the shares. Still, GameStop shares are trading almost 67 per cent below their January 2021 peak.
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