Meet Keith Gill: The Influencer Behind GameStop's New Stock Surge

Keith Gill, also known as "Roaring Kitty," is back and driving up GameStop shares. Learn about his journey and recent influence on the stock market.

Jun 7, 2024 - 09:36
Jun 7, 2024 - 09:36
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Meet Keith Gill: The Influencer Behind GameStop's New Stock Surge
Meet Keith Gill: The Influencer Behind GameStop's New Stock Surge

Keith Gill, famous as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit, has returned to the spotlight, causing GameStop shares to soar once more. After a period of silence, his recent actions have reignited interest in the stock.

Who is Keith Gill?

Keith Gill, an office worker who gained fame for his bold bets on GameStop, is back in the news. Known as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit, Gill was a key player in the GameStop stock surge in January 2021, when shares jumped 1600%, hitting hedge funds that bet against the company hard.

Early Life and Career

Keith was born in 1986 to a truck driver and a nurse in Brockton, Massachusetts. He loved playing video games and shopping at GameStop as a child. Gill graduated from Stonehill College in 2009 and worked at a startup from 2010 to 2014, where he learned to analyze stocks. Despite a salary that never exceeded $40,000, he gained valuable investment knowledge.

GameStop Investment

Unemployed in 2017, Gill started studying and investing in stocks, continuing this passion even after joining MassMutual in April 2019. In June 2019, he saw an opportunity as GameStop shares fell and decided to invest. He began sharing his positions on Reddit, revealing he had put $53,000 into GameStop.

The Rise and Fall

By January 2021, Gill’s GameStop holdings had grown over 4,000%, with his investment worth nearly $48 million. However, after attracting attention and scrutiny from Congress, he went silent for three years, with no media interviews or participation in projects.

Keith Gill Returns

Recently, Gill resurfaced online, causing another spike in GameStop shares. On a Monday, GameStop shares rose 21% after Gill posted a screenshot on Reddit showing a $116 million investment in the stock. Later that week, the shares surged almost 50% when he scheduled a livestream on YouTube.

Fans React

Gill's return sparked excitement among his followers, who see him as a hero taking on big Wall Street firms. One fan commented, "I will watch this screen without blinking all night."

More Scrutiny

With his return, Gill is under scrutiny again. The Massachusetts securities regulator has reopened an investigation, and the SEC is also reviewing his trades. While some accuse him of causing financial losses, Gill maintains that his advice was always for educational purposes and not suitable for everyone.

Conclusion

Keith Gill's influence on GameStop is undeniable. As he returns to the public eye, many are eager to see what happens next with the stock and his future moves. His journey from a regular office worker to a stock market influencer continues to captivate and inspire many.

Also Read: GameStop Stock Surges Following $1 Billion Equity Sale

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