Shares of GameStop have skyrocketed once again, fueled by speculation that Keith Gill, famously known as “Roaring Kitty” on YouTube and X (formerly Twitter), may be holding a substantial number of the video game retailer’s shares worth millions.
On Sunday night, a Reddit account associated with Gill, under the pseudonym “DeepF******Value,” posted a screenshot on the r/SuperStonk forum. This screenshot hinted at Gill potentially holding five million shares of GameStop, valued at approximately $115.7 million based on Friday’s closing price. Additionally, the image revealed 120,000 call options with a $20 strike price, set to expire on June 21, purchased at around $5.68 each.
Further stirring the pot, Gill’s X account posted a cryptic picture of a reverse card from the popular game Uno, with no accompanying text.
GameStop is on the rise creating a media frenzy. The recent buzz around GameStop has also lifted other meme stocks. AMC Entertainment Holdings surged over 12 percent..
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