{"id":186599,"date":"2021-02-23T02:42:05","date_gmt":"2021-02-22T23:42:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/roaring-kitty-doubles-down-on-gamestop-shares-stock-pops\/"},"modified":"2021-02-23T02:42:05","modified_gmt":"2021-02-22T23:42:05","slug":"roaring-kitty-doubles-down-on-gamestop-shares-stock-pops","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/roaring-kitty-doubles-down-on-gamestop-shares-stock-pops\/","title":{"rendered":"#\u2018Roaring Kitty\u2019 doubles down on GameStop shares, stock pops"},"content":{"rendered":"

“#\u2018Roaring Kitty\u2019 doubles down on Game<\/a>Stop shares, stock pops<\/strong>”
\n<\/p>\n

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The kitty is still roaring, so GameStop is soaring.<\/p>\n

Shares in the video game retailer shot up as much as 20 percent on Monday after social media<\/a> influencer Keith Gill \u2014 who goes by the name of \u201cRoaring Kitty\u201d on YouTube and \u201cDeepF***ingValue\u201d on Reddit \u2014 posted a screenshot showing that he had doubled his stake despite the political scrutiny and legal woes plaguing his investment. <\/p>\n

Considered a key player in the Reddit Rally that sent GameStop and other so-called \u201cmeme stocks\u201d soaring in January, Gill posted a screenshot to Reddit late Friday showing he bought an additional 50,000 GameStop shares. <\/p>\n

The stock closed Monday up 13.33 percent to $46 a shares on the news<\/a>.<\/p>\n

Gill\u2019s post shows he now owns 100,000 GameStop shares as well as $1.5 million worth of call options \u2014 giving him a stake worth $4.6 million as of Monday\u2019s close and app<\/a>lause from his fellow Reddit investors. <\/p>\n

\u201cTHE KING IS BACK,\u201d one user of Reddit\u2019s popular WallStreetBets chat room posted in reply to Gill\u2019s screenshot.<\/p>\n

\u201cStories will be told of this man for generations to come,\u201d posted another. \u201cReligions will be started. This is divine.\u201d<\/p>\n

\u201cHe bought 50,000 more WHILE giving evidence in front of Congress!\u201d wrote a third. \u201cLegend.\u201d<\/p>\n

Gill, 34, posted the screenshot one day after he testified before Congress about the Reddit Rally alongside billionaire Ken Griffin and Robinhood Chief Executive Vlad Tenev \u2014 all key figures in the bizarre trading phenomenon that has captivated Main Street and Wall Street alike. <\/p>\n

Gill on Thursday told Congress that he \u201cstill likes\u201d GameStop. His Zoom appearance was also cheered by fellow GameStop junkies for the \u201cHang in there\u201d cat poster hanging behind him, which observers took as a sign of his confidence in GameStop.<\/p>\n

A licensed stockbroker who left his job at Mass Mutual on Jan 28, Gill is known for donning cat T-shirts and a red samurai-esque headband over his shoulder-length in his YouTube videos. <\/p>\n

But he\u2019s also been criticized for playing an outsized role in the small investor rally while quietly holding professional investor creds. He was sued for securities fraud leading up to his Congressional testimony in Massachusetts federal court. <\/p>\n

Gill has defended himself by saying he was clear that his aggressive investing style was not \u201csuitable for most folks.\u201d<\/p>\n

\u201cAnd in a year of quarantines and COVID, engaging with other investors on social media was a safe way to socialize,\u201d he told Congress. \u201cWe had fun.\u201d<\/p>\n

Gill has said he started buying the GameStop when it was still at $5 a share in 2019. The stock soared to $483 a share in late January, making him a multi-millionaire, only to crash back down again, losing him $13 million in a single day earlier this month. <\/p>\n

As of Friday Gill had gained $2.8 million in paper profits on his GameStop stock, according to his post. It was his first post since Feb. 3, the day after his $13 million loss.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#\u2018Roaring Kitty\u2019 doubles down on GameStop shares, stock pops” The kitty is still roaring, so GameStop is soaring. Shares in the video game retailer shot up as much as 20 percent on Monday after social media influencer Keith Gill \u2014 who goes by the name of \u201cRoaring Kitty\u201d on YouTube and \u201cDeepF***ingValue\u201d on Reddit \u2014…<\/p>\n","protected":false},"author":1,"featured_media":186600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/02\/GameStop.Inside.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[94625,72128,73785,5005],"class_list":["post-186599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-22-21","tag-gamestop","tag-markets","tag-reddit"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/186599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=186599"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/186599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/186600"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=186599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=186599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=186599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}