GameStop stock jumps as ‘Roaring Kitty’ shows big bet in Reddit post
Al Jazeera
Keith Gill, or ‘Roaring Kitty’, shared a screenshot on Reddit that showed he may hold five million shares of GameStop.
Shares of GameStop soared once again following speculation that the man at the centre of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions.
GameStock’s stock jumped more than 37 percent in Monday morning trading.
Keith Gill, better known as “Roaring Kitty” on social media platforms YouTube and X, also goes by the name Deep F****** Value on Reddit. Late Sunday, the Reddit account shared a screenshot in the r/SuperStonk forum that people are speculating could be an image of the shares and call options Gill holds in GameStop.
The image showed that Gill may hold five million shares of GameStop that were worth $115.7m as of the closing price on Friday. The screenshot also showed 120,000 call options in GameStop with a $20 strike price that expires on June 21. The call options were bought at around $5.68 a piece.
In addition, Gill’s account on X posted a picture of a reverse card from the popular game Uno on Sunday night. There was no text accompanying the image.
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