Trader Keith Gill, known for his GameStop stock analysis, returned to Reddit for the first time since 2021 to share that he’s holding millions of GME.
Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging overnight markets.
GameStop surged over 19% in overnight trading after Keith Gill, known as “Roaring Kitty,” posted to Reddit that he’s holding $181.4 million worth of GME stock and call options.He shared a screenshot apparently showing he purchased 5 million GME shares for $115.7 million and put $65.7 million intoGill’s screenshot shows he’s gained over $9.3 million on his GME holdings and is holding a loss of nearly $2.5 million on his call options.
In the past, Gill was known to post on the r/wallstreetbets subreddit, now famous for its ties to the GameStop short squeeze saga, but the forum has moved away from GME content, with its moderator “zjz” even posting on June 3 that “this is not a GameStop subreddit.”to r/wallstreetbets on April 16 showed Gill owned 20,000 GME shares at a buy price of $55.17 a share. At the time he was holding a gain of $19.9 million.
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