Keith Gill, aka Roaring Kitty, has sparked a conspiracy theory as he increases his GameStop (GME) holdings to over 9M with 4M more shares.
On June 13th Gill, known online as “Roaring Kitty” and “DeepFu**ingValue,” announced that he bought another 4 million shares of GME worth $262 million.
This brings the trader’s total shares to over 9 million, worth about $262 million when GME closed that day. In addition, the trader also closed his GME call options set to expire next week.
As Gill’s shares breached the 9 million mark, community members started to speculate that the stock trader may be preparing to join the gaming company as a member of its board of directors.
Citing a GameStop filing, a stock trader believes that Gill’s newly accumulated shares make him the fourth-largest shareholder of GME. The trader thinks the stock’s momentum could drive GME’s price to $200.
ACCORDING TO THE LAST FILLING ROARING KITTY IS NOW THE 4’TH LARGEST SHAREHOLDER OF $GME GAMESTOCK
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