The viral stock trader's trip to the moon was cut short.
It was just shy of a month ago when Keith Gill , better known as Roaring Kitty, began posting on his Twitter account giving some amateur investors hope that GameStop’s stock would skyrocket in value like it did in 2021. On Friday, Gill had his triumphant return to YouTube with a live stream that in the end, lasted only an hour and saw the continued decline of GameStop’s share price. On Monday, Gill showed how much this drop hurt his stock portfolio.
Gill tweeted a meme on Monday seemingly confirming his big losses. It’s still unclear what game Gill is playing. Back in late 2020 and early 2021, he streamed for hours showing his extensive knowledge about the markets, and the machinations regarding a wealth of short sells from investors that led to the “Mother of All Short Squeezes” when GameStop’s stock price shot up to almost $500 a share.
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