Post from ‘Roaring Kitty’ appears to show trader owns giant stake in GameStop after Monday’s rally
![Post from ‘Roaring Kitty’ appears to show trader owns giant stake in GameStop after Monday’s rally Post from ‘Roaring Kitty’ appears to show trader owns giant stake in GameStop after Monday’s rally](https://i1.wp.com/image.cnbcfm.com/api/v1/image/107414151-1715621123966-107414151-1715621031346-gettyimages-1231271105-PGONCHAR_3E1808.jpg?v=1717446267&w=1920&h=1080&w=1920&resize=1920,1080&ssl=1)
Keith Gill, known on Reddit as DeepFuckingValue and as Roaring Kitty, is seen in a fragment of a YouTube video displayed on a smartphone screen in front of the GameStop logo.
Pavlo Gonchar | Light flare | Getty Images
Keith Gill, leader of Meme Actions, who is behind Stoppage of playAfter the recent roller coaster ride, it appeared to retain its significant position in the video game retailer even after Monday’s big rally.
Gill, whose handle is “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube and X, posted another screenshot of his portfolio showing the same common stocks and call options on Monday after the close of the stock market than these. he shared Sunday evening. He still owned 5 million shares of GameStop and 120,000 call options with a $20 strike price that expire on June 21, the screenshot shows.
The post on Reddit’s r/SuperStonk forum could not be independently verified by CNBC.
GameStop shares rose about 4% in extended trading following its latest Reddit post.
GameStop closed Monday’s volatile session up 21%, after climbing as much as 70% at one point during the day. The stock was hit by a Wall Street Journal report in the afternoon that E-Trade, the Morgan Stanley-owned brokerage that Gill uses, is having internal discussions about whether to ban him from the platform due to concerns about possible market manipulation.
Gill’s last post appeared shortly after the WSJ report. This appears to show that the trader did not sell, even though the value of his common stock stake increased from $115.7 million to $140 million in a single day.
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News Source : www.cnbc.com