Meet Roaring Kitty, "The Ring Leader" Who Led The GameStop Heist

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    rollandthomas

    Published on Feb 01, 2021
    About :

    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.

    Gill said he wasn’t a rabble-rouser out to take on the establishment, just someone who believes investors can find value in unloved stocks. He never expected to have a legion of fans debating his identity online, or millions of dollars in his trading account, he said. He was just a dad with an online hobby and a plastic kiddie slide on the front lawn of a Boston suburb.

    Gill began investing in GameStop around June 2019, he said, when it was hovering around $5 a share. Earlier that year, the game retailer was hunting for its fifth chief executive in a little over 12 months. Gill kept buying. Although he never played much besides Super Mario or Donkey Kong, he saw potential for the struggling retailer to reinvigorate itself by attracting new customers with the latest videogame consoles.

    Source

    In the video Keith gets into how GameStop business model is outdated, but still a player in the field and the new console cycle is an opportunity for GameStop to reinvent itself. However, Wall Street has priced GameStop as a company on the verge of being extinct despite it being the only brick and mortar player still standing.

    Keith's Thesis:

    It's highly unlikely GameStop's Equity is worth less than 250 million dollars. GameStop's Legacy business is probably worth between 500 million and one point five billion dollars in number three. There's a nonzero chance that GameStop successfully reinvents itself.
    The rest is history or shall I say history is being written.

    Video Source:

    https://www.youtube.com/c/RoaringKitty/videos

    Tags :

    leofinance gamestop neoxian wallstreetbets roaringkitty

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