The meme stock influencer Keith Gill, better known as Roaring Kitty or DeepFuckingValue, took an online jab at himself on Monday over the plummeting value of his GameStop holdings.“You Meanwhile, GameStop shares have fallen 15% on the trading day to about $24, showing a 63% decrease relative to their peak price of $64.75 last week. Previously, amid Gill’s online return, shares in the video game retailer had spiked as high as $64.83 around mid-May.Gill’s overall attitude was upbeat Friday as the influencer pic.twitter.com/wGdvs6xF7w— Roaring Kitty (@TheRoaringKitty) June 10, 2024“It is what it is. What am I going to do?” he said before the online crowd that had gathered to watch him riff on GameStop and witness his disclaimer-laden investment thesis.Previously posting screenshots of his E*Trade account on Reddit, Gill at one point held a mix of GameStop shares and call options worth $586 million. As of his Several prominent Twitter accounts in the finance space speculated that Gill was on target to becoming a billionaire as GameStop recently soared, including Unusual Whales. That was if the stock’s price could hold above the $65 mark before Gill’s stream, the account The announcement of Gill’s livestream sparked a sharp increase in GameStop’s stock price, but the rally was short-lived. By the time Gill appeared on his livestream Friday, the stock’s price had slipped over 30% from its previous closing price.Gill became the pic.twitter.com/8Gpb9zQ1yF— Roaring Kitty (@TheRoaringKitty) June 10, 2024As of this writing, GameStop shares have fallen 8% over the past five trading days from $26.19. Still, the stock’s value has increased 38% compared to around when Gill started posting online again in mid-May.While Gill’s Reddit account remains untouched since showing gains last week, the influencer’s Twitter activity has continued apace. Posting an image of a Edited by Andrew HaywardDisclaimerThe views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
