Keith Gill

ELI5 - How did Keith Gill (AKA RoaringKitty, AKA DeepFuckingValue) turn 50k into over 200M? What's the deal with GME?

Known online as Roaring Kitty and DeepFuckingValue, Gill turned $50k into over $200M by investing in GameStop (GME) using leveraged and risky options. He believed GME was undervalued and heavily shorted by hedge funds. Gill bought call options—contracts allowing him to buy shares at a set price in the future—leveraging his investment to amplify potential gains.

He shared his analysis online, igniting a surge of retail investors who bought GME shares, leading to a short squeeze. This forced short-sellers to buy shares to cover their positions, causing the stock price to skyrocket and multiplying the value of Gill’s options. The event grew into a broader movement against Wall Street, where individual investors challenged institutional short-sellers, exposing vulnerabilities in traditional financial systems.

By Alex 6 months ago