Retail
trading
legend
Keith
Gill,
otherwise
known
as
Roaring
Kitty
or
DeepF*ckingValue
aliases
on
social
media,
returned
to
his
livesteam
for
the
first
time
in
several
years
on
Friday.
Prior
to
the
livestream,
GameStop
(GME)
shares
tumbled
25%
in
the
morning
hours
of
the
Friday
session
after
the
company
rushed
out
a
first
quarter
earnings
report
and
a
75
million
share
offering
in
wake
of
the
large
run
higher
in
the
stock
this
week.
Shares
continued
lower
during
Gill’s
appearance
as
he
attempted
to
lay
out
his
long-term
bull
case
on
GameStop.
They’re
currently
lower
by
40%
for
the
day.
Solana-based
meme
token
GME,
which
was
inspired
by
the
company
but
has
no
affiliation
with
it,
almost
doubled
in
price
in
less
than
a
day
before
sharply
paring
gains
on
Friday.
At
press
time
it
was
down
50%
over
the
preceding
few
hours,
though
still
higher
by
more
than
three-fold
this
week.
Gill
returned
to
social
media
last
month
after
three
years
of
silence,
unleashing
a
speculative
frenzy
for
GameStop
that
spilled
over
to
the
memecoin
market
with
multiple
opportunistic
tokens
launching
on
the
Solana
blockchain.
Thursday,
Gill
revealed
in
a
Reddit
post
that
his
stock
and
options
position
was
worth
$586
million
at
the
time.
