Keith Gill is a popular investor who sparked a surge in GameStop stock prices in 2021, seems to be back againHis E*Trade account could be shut down, according to a report wall street journal on Monday. The stock trading platform and its owner, Morgan Stanley, are concerned about possible stock manipulation, people familiar with the matter said.
Gill, best known as Roaring Kitty, started Tweet on his account After nearly three years of silence, on May 12th. Most of the posts contain memes or film clips, so it has not been confirmed whether Gill is the controller of the account. His account on Reddit also began posting screenshots of his portfolio at E*Trade, showing various bets on GameStop, with Tuesday’s screenshot showing his assets were worth $289 million.
Morgan Stanley had no comment when asked to confirm the report. Gill did not immediately respond to a direct message sent via X.
Since the Roaring Kitty account was reactivated, GameStop’s stock price has begun to rise, but not in the same way as in 2021. Nearly $65 on May 14th, two days after the May 12 post. Since then, the stock has been steadily losing value until then Prices rise again on Monday Following another post from the Roaring Kitty account.
While Gill may have made hundreds of millions from his recent stock bets, it’s unlikely we’ll see another example GameStop shares rise to $483 Just like 2021.
