Keith Gill aka Roaring Kitty aka DeepF***ingValue is a YouTube stream and is a former financial advisor for MassMutual, is the mastermind behind the Gamestop Heist.
Last week, Keith Gill, Robinhood and Citadel Securities met with the government to discuss the GameStop phenomena which saw the stock price rise almost to $500 before Robinhood prevent their customers from continuing to buy the shares. Nothing came about that hearing and even prior to the hearing, the GameStop stock price lost its mojo.
Since that time, Roaring Kitty said he invested more money into GameStop as he believes GameStop's equity is worth more than 250 million dollars and GameStop's legacy business is probably worth between 500 million.
The WallStreetBets crew has since moved on, as it appears they have only gotten smarter through recent events and experience. This time, they are taking their shots at Palantir.
Palantir has become one of the nation’s most controversial companies and specializes in business intelligence and data-mining. So why are they shooting their shot at Palantir. Well the stock sold off after the company announced their earnings last week. However, what sealed the deal was Cathie Woods of ARK Investment announced that she invested $172 million and bought almost 7 million shares.
Video Source: https://www.youtube.com/c/CNBCtelevision/videos