At Extreme Investor Network, we aim to provide our readers with the most valuable and unique information in the world of finance. Today, we want to shed light on a recent development involving meme stock leader Keith Gill, known as DeepF——Value on Reddit and Roaring Kitty on YouTube.
Despite GameStop’s recent roller-coaster ride, Keith Gill has held onto his significant position in the video game retailer. As reported by CNBC, Gill still owns 5 million shares of GameStop and 120,000 call options with a strike price of $20 that expire on June 21. This information was shared in a Reddit post on the r/SuperStonk forum, showcasing his unwavering confidence in his investments.
Following his latest Reddit post, GameStop’s shares saw a 4% increase in extended trading. This comes after a volatile trading session where the stock surged 21%, driven in part by a Wall Street Journal report. The report suggested that E-Trade, the brokerage Gill uses, is considering banning him over concerns of potential market manipulation.
Despite these challenges, Keith Gill remains steadfast in his GameStop holdings, even as the value of his common stock stake reached $140 million from $115.7 million in a single day.
At Extreme Investor Network, we applaud Keith Gill’s commitment to his investments and his resilience in the face of market volatility. Stay tuned to our platform for more insightful analysis and updates on the world of finance.