Roaring Kitty Back on X (Twitter)
Roaring Kitty Back on X (Twitter)
After a long break from $GME’s run 2020-2021, Roaring Kitty, Keith Gill is back on X (Twitter with a Pictures Post.
The individual known as “Roaring Kitty” on social media, whose online presence contributed to the trading frenzy in GameStop Corp in January, has reportedly exercised call options on the stock, acquiring an additional 50,000 shares at a strike price of $12, according to Bloomberg.
Bloomberg referenced a portfolio screenshot of Keith Gill, showing that he exercised 500 GameStop call options expiring Friday, with the stock closing at $154.69.
Gill posted these screenshots on Reddit, and his mother confirmed the posts to Bloomberg. Reuters was unable to immediately reach the Gills for comment on Saturday.
With his total investment in GameStop now exceeding $30 million, Gill has reportedly made a profit of nearly $20 million. He holds 200,000 shares in the company, as per the report.
Gill played a significant role in the “Reddit rally,” which witnessed GameStop shares skyrocket by 400% in a week before plummeting back to pre-surge levels.
He began sharing his positions on Reddit’s Wallstreetbets trading forum in September 2019, revealing a portfolio screenshot indicating a $53,000 investment in GameStop.
By late January, Gill, known as “Roaring Kitty” on YouTube and “DeepF***ingValue” on Reddit, had seen his stock and options investments in the company surge by over 4,000%.
Last month, Gill testified before Massachusetts securities regulators as part of an examination into his activities.
Massachusetts Secretary of the Commonwealth William Galvin, the state’s top securities regulator, had subpoenaed Gill, who promoted GameStop stock in his free time while working as a registered broker at the insurer MassMutual.
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