'Maybe I Will' Roaring Kitty's Last Comment On Reddit 3 Years Ago Foreshadowed 2024

Keith Gill, popularly known as Roaring Kitty, has amassed a substantial position in GameStop Corp. After over three years, on June 2, 2024, he posted a snapshot of his portfolio on Reddit’s r/superstonk message board. The snapshot revealed significant holdings in GameStop — 5 million shares, 120,000 call options and $29 million cash. 

Now, here’s where things become interesting. If Gill exercises his 120,000 GameStop $20 call options, his stake will increase from 5 million to 17 million shares, substantially boosting his investment in the company. 

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GME shares spiked from $17.46 on May 10th to $55.69 on May 14th before retracing those gains. At Monday's (June 3rd) closing price of $28, the stake would be worth $476 million, per CNBC. But at the most recent peak of $64.83 on May 14, it would be worth more than double that — $1.1 billion.

Keith Gill’s Last Reddit Comment

Keith Gill, known for his significant role in sparking r/WallStreetBets’ interest in GameStop just before its legendary short squeeze in late 2020 and early 2021, undeniably reaped substantial financial gains from his investments.

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His last comment on Reddit was on January 5, 2021, when he cryptically replied, “Maybe I will” to a user's suggestion that he invest his $1.1 million in additional GameStop shares. In hindsight, this seemingly casual response now appears prescient, hinting at his strategic thinking and potential commitment to further GameStop investment.

Fast-forward to 2024, and Gill's recent activities mirror his bold investment approach. Breaking his silence after a prolonged period, he returned to social media, posting a significant update on his portfolio. This substantial commitment to GameStop suggests that Gill followed through on his hinted intention to double down on the stock.

Gill’s return and portfolio update have intensified speculation about his investment tactics. Investors and the broader financial community closely watch his potential next steps, including whether he will hold, sell, or invest in GameStop. His actions likely continue to influence the narrative around GameStop and retail investing.

Yet, Gill faces potential trouble with regulators and trading platforms. Massachusetts’ top securities regulator is looking into Gill’s recent trading activity, and E-Trade is reportedly trying to decide whether to ban him from their platform.

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