Keith Gill delivers his testimony at GameStop hearing: 'I like the stock'
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- Опубліковано 11 лют 2025
- Keith Gill, trader on Reddit aka 'Roaring Kitty', delivers his opening statement. Gill joins Robinhood CEO Vlad Tenev, Melvin Capital CEO Gabriel Plotkin, Reddit co-founder and CEO Steve Huffman and Citadel CEO Ken Griffin in testifying before the House Committee on Financial Services about the GameStop trading activity in late January. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
The Reddit and UA-cam trading star known as “Roaring Kitty” defended his social media posts that helped spark a mania in GameStop shares last month in testimony released Wednesday, saying he was an individual investor acting only on publicly available information.
The trader, whose real name is Keith Gill, is set to testify Thursday before the U.S. House of Representatives’ Committee on Financial Services. Other than defending his actions, Gill used his testimony to again make the case for why he is still bullish on GameStop.
“GameStop’s stock price may have gotten a bit ahead of itself last month, but I’m as bullish as I’ve ever been on a potential turnaround. In short, I like the stock,” Gill said in the comments. “I believed - and I continue to believe - that GameStop has the potential to reinvent itself as the ultimate destination for gamers within the thriving $200 billion gaming industry.”
Through UA-cam videos and Reddit posts, Gill - who goes by DeepF------Value on Reddit and Roaring Kitty on UA-cam - attracted an army of day traders who cheered each other on and piled into the brick-and-mortar video game stock and call options.
GameStop’s share price ballooned to $483 per share, before spiraling down more than 90% to around $46 per share currently.
“I believed the company was dramatically undervalued by the market. The prevailing analysis about GameStop’s impending doom was simply wrong,” he said in the testimony. “My investment skills had reached a level where I felt sharing them publicly could help others.”
In his testimony, Gil said he started buying shares of GameStop in 2019, when the stock price declined on disappointing earnings. Plus, Gill liked that famed investor Michael Burry was bullish on GameStop.
“Because I thought the stock was undervalued, I purchased call options on June 7, 2019. I increased my position throughout much of 2019 and 2020, because as I continued to analyze the company and its 3 prospects, I became increasingly confident that the share price was indeed dramatically undervalued,” the testimony said.
He said the market was underestimating GameStop’s growth prospects and overestimating the likelihood the video game company would go bankrupt. Gill believes GameStop can expand its digital capabilities and harness its 60 million loyal members, the testimony said.
The WallStreetBets star went on to say that social media platforms like UA-cam, Twitter, and WallStreetBets on Reddit are leveling the playing field for individual investors as they work together to build investment ideas.
“I was abundantly clear that my channel was for educational purposes only, and that my aggressive style of investing was unlikely to be suitable for most folks checking out the channel,” said Gill. “Whether other individual investors bought the stock was irrelevant to my thesis - my focus was on the fundamentals of the business.”
Gill’s latest post on Reddit said he made $7.8 million off of GameStop. A proposed class-action lawsuit was brought against Gill on Wednesday, filed in federal court in Massachusetts, alleging that he pretended to be a novice trader despite being a licensed professional.
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"I am not a cat" with the straightest face ... this guy is the definition of a legend.
Restock
How did he not laugh😂
Still “Likes the stock”
An so lute Fkn #LEGEND
Bro wtf where the kicks at
He is telling the truth. He is indeed not a cat.
That’s what he wants you to think. Have you seen lawyer, also ‘not a cat’?
Cat-people are losing their cool
He is the MEOWING LION now.
Lmao
he's got you by the whiskers no grooves ]
That’s about the only thing I add with this guy on
The man said 'I am not a cat' infront of the house committee lmao..
Legend
Well, his audience needs a dose of logic.
@@nancyreyna3315 I agree Nancy. The Robinhood CEO should go to jail as well as the hedge funds that manipulated the market using illegal laddering tactics.
was hoping he used the cat filter for this testimony
@@dannacht6827 fact is, the organization that Joe taxpayer employs has turned for the most part , a blind eye to the way the market insiders operate. This is mostly because regulation in our free markets wasn't popular among the very powerful market insiders. Watch some of the archives of CNBCs Fast Money, or even the Kudlow Report. I'll bet you cant find one hedgfund trader in favor of up tick rules and government implementation during the financial/ Housing crisis that sent the world into the great recession.
I don't recall anyone having to testify and explain why they shorted Beat Sturns, while they were making a killing the the cash default swaps on mortgages.
I wanna know who TF had their microphone unmuted while they made 34 straight coffees in the background.
It was Traitress Waters
Probably my favourite comment on UA-cam right now haha
That was done on purpose, typical tactics on interrupting people from getting to focus on the speech, or throwing off the speaker.
@@MrRinoHunter yea it was pretty obvious it was a boomer with their panties in a knot
Professionals...
DFV "I like the stock"
I'm long on $GHPC. I like the stonk.
I’m getting this tattooed.
AYY GHPC! Never thought I’d see you here! Love your guys’ videos!
+1 4 1 6 6 1 9 9 1 7 3
+1 4 1 6 6 1 9 9 1 7 3
I’m not a cat
I like the stock
The two key takeaways from this
Also the picture of the cat in the background saying "hang in there" next to the red headband.
And. Retail investors have a right to invest where they want!
Is “I like the stock” a meme?
@@shelbysmith7745 yes.
Merch please...im not a cat; i like the stock
"I am not a cat" ... "I like the stock"
*Everyone liked that*
Whats wit the i am not a cat? Is it an inside joke, or just bcuz his name is roaring kitty? 😕
@@jeffrunge6427 lmao I don’t get it either
@@purecash2574 some boomer lawyer accidentally had a cat filter on during court and reassured everyone he is really human by saying "I'm not a cat". I guess he is referencing that funny moment, because of his name.
@@jeffrunge6427 His name on UA-cam is roaring kitty.
Bruhs. What is so hard understand? The man clearly declared that out loud himself. "I AM NOT A CAT" what more do you need? He's not a cat.
I’m telling my kids this was the real Robinhood.
Except that his move made alot of people lose money while the hedgefunds won anyways
@@lukaslarsson3136 hell no
@@lukaslarsson3136 The reason hedge funds won is because the government bailed them out.
@@wizardmaster7475 many investors including my dads investment firm shorted the stock when it was at 400 a piece and covered the position at 60.
At Suire Tiav - I agree this was the real Robin Hood
i Made Money on $GME , I am Newly Minted Middle Class,i am no longer Poor
I Sold On March 10.
He's not a cat, he's the GOAT
Underrated comment right here
baaaaah
He also called it stonks. Lol
Actually he’s a bull
Why is he on a trial? All he did was invest in Gamestop? Can someone explain what is going on?
Keith “I like the stock” Gill. Legend
Keith “I like the stock, but I am not a cat” Gill. Legend
"I am not a cat" "I like the stock" DeepFuckingValue, you are a legend 🙏
i think he actually said stonk
Look at this guy: he doesn't belong in front of Congress. He's not even a cat.
A tragedy, how our federal institutions are unwilling to track down the cats that were responsible for this economic... blip on the radar ?
🤣🤣🤣
He is overqualified for congress. He is neither paid to lie nor pushing for controlling other people, he shouldn't be there.
He's also not a lying two faced thief.
He has done nothing wrong. He analysed a company, found it was undervalued and made some money.... end of!
Precisely.
Agree. But he can’t make money off billionaires!!! That’s a no-no it seems.
That’s it m8 tell them the lies so we know the straight door
and he likes the stock!
@no one how is finding an undervalued stock illegal? That’s literally just buying low to sell high.
"I'm not a cat" LMAO.
At this point, he is a freaking folk hero. I'll be telling my kids his story for decades.
He is more Robinhood then Robinhood actually is.
He's just a pump n dumper that saw a golden opportunity and figured out a clever way to skirt the law. He got rich at many other people's expense. That's immoral. I wouldn't mow his lawn for a million bucks because his money is ill-gotten.
@@dougditches1496 This mf don't wanna make bank!
GME to the moon!
@@dougditches1496 Dude straight-up humilliated a bunch of greedy, corporate, egomaniacs who constantly screwed over society.
He's a legend for that.
@@dougditches1496well your comment didn’t she well😂
IF HE'S AS BULLISH AS EVER, I'M AS BULLISH AS EVER
@sam chump Sam chump? More like SAD CHUMP!
@sam chump my apologies for my uncalled for behavior. ❤️
Of course he's bullish. He won't lose either way
The difference is he’s already sold and cashed out
He just bought back in 2 million
He deserves every last cent he has, inspite of everyone that said different a year ago, he stood his word and stayed loyal to what he believed in, and earned every dollar there, if anything the most humble guy ever to have this happen too, I'm so beyond happy for him, really the true Robinhood and hero in all of this!
Yes! People were calling him an idiot for months prior this.
More than anything else, what he did is absolutely LEGAL and played the same as the very hedge funds that have been wiping out middle-class savings accounts/retirements for decades. I hope to see them panhandling
Well said
I have never invested in stock but this man is a goat
I'm not saying if he's in, I'm in, but I'm in.
I'm saying if he's in, I'm in, but wait a minute, I have always been in.
You know you’re not invested, cut the bs
@@LaSombraa bona-fide
I missed it. What do you mean? What do you meme?
YOOO what up sean!?! @EliteShot
This guy didn't have connections of hedge funds to do anything illegal, he is totally innocent, robinhood ceo and all the hedge funds should go to jail, cidatel hedge fund needs to be investigated
Regular traders: hey congress do something about this manipulation
Congress: got you fam *starts investigating regular traders and let’s hedge funds manipulate the market*
@@ronaldmcdonaldtrump4446 investigating*
Nobody said he's guilty.
investigated by who? the sec backs them up
Amen
Now that’s a goddamn American hero
Would be proud if I had a kid and he turned out like this guy. He made a great investment and made enough money to basically set himself and his family for life or very close to it depending on his lifestyle. You can tell how genuine he is.
He's canadian though
@@NoName-to5xl he’s born in America
@@NoName-to5xl kids from Brockton baby!!!
Heeeee-row
The bankers that caused the 2008 crash didn't even have to go through this. Imagine making money of a free market by being smart and having to go through this
Infuriating
Keep the rich rich and the poor poorer
@@amfproject That's all it is
Yeah they did wtf are you talking About lol. Goldman sachs was grilled by senators for selling mortgage bonds so they could devalue them when they got off their books. No they did not go to jail
Literally not true, they had many hearings about it. It's not like it's a trial anyways, he's there to give perspective not to be accused.
DFV, you are my, not a cat, hero! The brass balls on that man. #iLikeTheStock!
He did not break character. /salute
The neighborhood tool bear!! Love your channel!
Den of tool is investing!?...the top is in! Lol
Don’t you mean diamond balls?
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The fact that this man is having to testify should show just how broken the system is.
Underrated comment.
im just kinda going to throw this on a few of these comments i see, they weren't grilling him as any potentially guilty player in this. guam's representative explicity congratulated retail investors who succeeded in the squeeze. they brought DFV in for the retail investor's perspective on everything.
they did not grill him like robinhood, melvin, and citadel.
Congress isn’t accusing him of any wrongdoing. But his knowledge and perspective is probably necessary to get at the real problem, which is hedge funds aggressively shorting stocks.
It's not broken, just not built for people like you & me
@@stikkgreen5237 The sad truth.
A normal guy winning and they can’t stand it and you actually love to see it
This gonna be the sequel to “the wolf of Wall Street”?
@@leecrotty658 be even better than that waffle!!
The media is just flexing its powers again. If they can help ferment such hate against a president, surely they can ferment such love for Wall Street billionaires.
Normal people win every day, they just don't brag about it
Who can’t stand it? The people who were heading up the hearing never even asked a hard question to Keith. But they sure interrupted the Robinhoods ceos opening statement and every other time he talked. Totally gaslighting everyone watching. Interrupting the opening statement, that is standard for these things, asking him about why Gme was restricted while he was giving a background of his life, totally out of line but also totally calculated.
And you idiots cheered it on. But guess what? You’re gonna get taxed. .1% of every trade, buy or sell, will be the move. It will reduce liquidity, volume and most of all, screw retail.
“It is tragic that some people lost money, and my heart goes out to them” 😂😂😂 this guy is a legend
🤣🤣🤣🤣👍
He's talking about retail investors
I think he's serious. But referring to the regular people that let others invest their money inappropriately
@@frazzle657 yeah thats the way that i interpreted it
He’s talking about those greedy hedge funds that shorted GME. He’s taking shots.
This dude is so innocent i bet he never killed a fly, dude ruined Melvin Capital and robinhood just with his 50k $ , living legend
50k shares, not $. And, more importantly, he did it with good research and sharing that openly, and with reasonable disclaimers. He told people where things stood, and they made their own decisions, and did what they felt was right in that moment, based on their own research on the topic. And... he didn't ruin Robinhood. Robinhood did that to themselves back when they took on a situation where a huge percentage of their income came from Citadel, which was presumably beholden to the well being of Melvin Capital (enough so that they dumped $2 Bn to keep MC solvent), before Melvin got caught with their proverbial pants down. I can't directly *blame* RH, they made a large part of the good half of this possible with their business model in general... but they bent the knee at a very inopportune moment (and in ways that raised even more questions, freezing purchase but allowing selling of shares, which favored price dumping and a reprieve for the companies shorting GME, both early on and in that immediate moment), and so, their neck's potentially on the block for it (on top of losing a fair amount of business from people that they'd genuinely brought into the markets up to the time that the bad side of this hit).
@@xxpoisonblxx was actually $50k in options
@@xxpoisonblxx any explanation why citadel saved Melvin with the loan
No hedge funds get ruined when the treasury department bails them out.
@@Brockza They allready had money invested and wanted to save their investment, secondly to avoid government interference, bailouts comes with annoying klauses in them, like how much you can pay out to investers, limits on bonus sizes or demands of cash reserves.
Fun fact: he is sitting in a chair because he cannot stand up due to the weight of his titanium balls
titanium is light in weight... I think you mean GOLD!
He has a little radio flyer wagon below the chair that he wheels em around on.
@@dllv1062 really big balls
Correction!
I’ve heard they were made of vibranium!!
I also heard that Howard Stark made Cap’s shield of DFV’s leftover foreskin when he got circumcised
Hearing his voice start wavering around the time he mentions his sister is pretty heartbreaking. This guy is a legend and anyone who targets him for what happened with the GameStop stock is simply evil.
😢
They are truly evil. This guy graduated college the same year as me. He represents so many people.
I noticed that too. What do you know, a regular human has...humanity in him. Not sure that applies to the hedge funds!
Dumb Money recreated this scene pretty well. I remember watching this at work. “As for me, I like the stock.” Will never forget when he said that as well as his final yolo where he exercised his options. I bought in 2020 and am still holding. Nothing has changed. There are many like me. It’s not over.
Paul Dano was perfect for the role! And this guy is awesome!
I've seen it twice. It was a great film. Unfortunately, I don't think anyone else is going out to see it.
@@DWDAmateursame its rlly good but the theatre was empty
It was a film targeted to investors and traders which most people are simply not.
We'll see a part 2 someday 💎🙌
Still Hodling
#ApesNeverLeaving
I shed a tear watching this. You stand for all of us little guys! Cheers brother
I love you guys!
Same here
ngl I got choked up when he started talking about his family and his sister dying.
Amen. This man represents America.
Cheers F*ckface!
If they try to demonize Keith Gill we’ve got to stand up for him, he represents us common folk, we are Keith Gill, we are Roaring Kitty
but we are not a cat. :)
We are V
We are kittycats - hear us roar
People that think this are ignorant to investing. This guy pumped the stock, and now the working man is left holding the bag.
If this guy needs a gofundme to fight this lawsuit I will 100% be donating to it.
He is the real Robinhood of this century!
TRUTH
Not only did he defend himself, but he secondarily gave business advice to GME. Legend.
Loved the closing lines, that was a sales pitch for GME :) What a legend.
Respect to this legend. He handled this whole thing with tremendous maturity.
True that! 💎🚀
I am not a cat...
Never have I seen a more honest-looking man. I guess he just likes the stock.
He could do the best Vlad from robinhood parody videos.
Dude, just take a look at his eyes and you'll see the truth
Starts it with "I'm not a cat"
End it with "I like the stock"
I mean common!
And his speech was well delivered. Great stuff
We are going to get so many good memes out of this
Come on*
I hope the history books record his proper name “Roaring Kitty” or “DeepingF****ngValue”
Deeping?
Keith is my hero. He helped me to retire five years earlier than planned and pay for my daughters tuition without debt.
Good job for not bagholding.
Please stop saying he helped you, he didn't, he just shared his due diligence. To help you implies he gave you financial advice.
@@shadowsage1 he helped to educate he didn’t advise
🧢🧢🧢🧢
that's awesome!!👍 congratulations!, sir!!🍀🌈🎉🎈🎊🙋🏾♀️
The guy lost his sister and kept posting humble and passionate videos about his process and ideas. True legend. He did nothing wrong. I wish his family well, this whole process would cause me to have daily panic attacks.
100% agree! Looks like he has held his composure well. That's becuase he did absolutely nothing wrong and has zero to hide. Unlike that 30 second clip of a Melvin employee, dude was a pri%k. All pissy and half ass looking at the camera. Difference in mannerisms clearly is black and white between them and Keith aka roaring kitty🤣
Wish this guy and his family nothing but the best as well!
Lol daily panic attacks
@@leannabedore exactly! Read his about page on his YT channel, he states he’s not an advisor and covers his ass for stupid trials like this.
My guess is that the millions of dollars probably helps
@@leannabedore It's hysterical that the Melvin guy had an HP printer behind him.....like he's trying to be working class and not a high class short selling THIEF.
Compare this with Robinhood CEO’s answers, who dodged every single question.
Robinhood opened the door for commission free trading for all of us
@@linuxd and then fkd you over on FIFO
Because they are playing different games.
@@linuxd Robinhood see the opportunity to use its customers as a product just like Facebook.
The very fact Robinhood is never about customers, but instead selling theirs market data to Wall Street should tell you what theirs intention from the start.
@@linuxd by selling your trade data and front running your transactions.
Not worth it. Get a real brokerage; pay your way.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
I'm cautious about giving specific recommendations since everyone's situation varies, but l've worked with " Sharon Marissa Wolfe” for years and highly recommend her See if she meets your criteria.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sonya Lee Mitchell’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks for sharing. I searched for her full name, found her website immediately, reviewed her credentials, and did my due diligence before reaching out to her.
"I am not a cat" 00:28... what a legend
Thanks I missed it lol
How does he keep a straight face after saying that!!!? LMAOO
MEMELORD
@@tenzindukdak5132 well, he was simply telling the truth
Wat does that mean
This is one of the best testimonies I've ever seen. It dances effortlessly between establishing DFV as a likeable grounded person, selling his story and being just flat out hilarious. And so many dog whistles for the WSB crowd. Masterful.
But the media says poor man bad. The billionaires say poor man bad. I blindly followed them and believed them when they said orange man bad, why would I not do the same now?
@@Mike_Dubayou Trump is as fake as creepy Joe. Wake up.
@@keisi1574 they all are. they're all horrid people.
Something Shkreli failed to do in his hearing
What a man, most honest, sincere, sympathetic smart guy, who proved to be a living legend, with a moral spine, true to his beliefs. We need more Keith Gills in our society.
And less Kenneth Griffins
👏👏👏👏
this is the way
He's just an American
All Americans are this way
Anyone who isn't this way is anti-American
Yllk
0:30 "I am not a cat" 5:00 "I like the stock"
How did he say "I'm not a cat" with a straight face lmfao
It comes from the deep conviction of knowing that you’re telling the truth.
@@fmccloud Thats what any cat-person would want you to belive.
What makes that line even more amusing is how topical it is. Not just the fact it's his name but the fact he only said that because of what happened with the lawyer and the cat filter a week or so ago.
M still laughing
Well... he isn't.
He looks like someone who would bankrupt Melvin capital
I thought the same thing!
Well they wanted to bankrupt gamestop sooo
he looks like the hero we need
‘Would’? He SHOULD!!!! Blow up Melvin capital.
And that's exactly what happened nd exactly what he did.....
Btw am from the future
The fact politicians brought this man in to embarrass him and yet this man came out a legend. I am telling everyone to vote against everyone of these house members for wasting time and tax payer money. These politicians should be paying for all expenses on this, including this legend’s attorney fees.
weve been telling yall, dems are rats
@@ifyouleavenow5960 + repubs too ..Loefller. Purdue?!
This hearing is necessary to change rules to favor small investors like us such as making it real time trading (instead of 2 days current waiting period) and no restrictions and hold Robinhood CEO accountable for stopping trades of Gamestop and AMC. They need Keith Gill to get the full perspective.
@@ifyouleavenow5960 wtf are u talking about. Democrats and republicans agree that Keith was in the right, you realize it’s AOC that’s been the most vocal defending wsb, right?
They brought him to give testimony on what happened, not charge him. WTF are you talking about?
Two years unemployed? This guy is the definition of dedication
We need social safety nets
The movie for this should include this historical footage
Absolutely!
they did 😂
It's actually criminal that this is the man being questioned, instead of the hedge funds who shorted more shares than existed. Maybe look at the relationship between Citadel and Robinhood?
from what i read, they are looking at the hedge funds. but what i think is ridiculous/sad/lame is them bringing in Reddit's CEO to question...that scares me too... you don't see other media outlets get treated like that..Reddit is essentially a public utility...if they start aiming at those, there is no bottom to that pit.
@@M_P2211 True. I should've watched the whole hearing first. Probably the best line of questioning I've seen from congress. However, it still bothers me that DFV is being questioned at all.
It's OK to question parties involved to get their views.
@@benbaselet2026 did i read the news correctly today? is the SEC really suspending trading on stocks it thinks are "meme stocks" now all of a sudden? if so, where's the outrage? (i know, probably on reddit...i guess i will have to venture over there...)
He is not a cat and he likes the stock. LEGEND.
@Imran A LEGEND 🚀
"As for me, I like the stock." This man is an absolute legend who will go down in the annals of retail investing.
Gamestop needs to hire him as a brand ambassador. Make their value go to the moon!
To the moon
Lmfao a GameStop commercial with him saying I like the stock would be infinite glory
That is actually genius
@@johnreilly173 “I like the stop 😉” that wink just to acknowledge what he really just said lolol
Totally agree
"As for me, I like the stock"
He's a legend.
Love how he was more clear, concise, and answered the questions better, without dodging, than all the others!!
It’s easy when your telling the truth
Well he Said he has been out of a job. Ive also noticed that Im not employed when Im telling the truth and the more manipulative i get, the better job opportunities i get...
He's the only one who has a clean conscience and nothing to hide.
"Between 2009 - 2017 was not a good time to find a job, thanks to most of you".
There is such a thing as a professional student
@@hadleymanmusic no! that's a trap created by these same idiots. school is good but a part of it is also keeping people busy and out of the workforce because there are only so many jobs. Its what makes the job economy work, the promise that there will be the big job at the end of the road (school). sometimes it works out, sometimes not, but the fact is the job market wouldn't work without a certain percentage getting sucked into the idea that you need huge education to make big bucks. the whole damn things a racket :)
@@tomcamarda8656 I think he means.. his "studying" the stock market paid off...big kitty time
I like the points he made in his letter, talking about how his viewers/followers on twitch/twitter was less than 1000, I thought it was a great point to drive, surprised he didn't say it here
i like the points
Time constraints?
Everything is based on time constraints but I would think it would take a higher priority especially considering he is currently being sued for "influencing the market"
@@NickByers-og9cx Yes, there was also an attack against Hedge funds in the written version that he took out in the oral testimony. Regardless he's doing his best to defend his interests and I sincerely hope he succeeds.
@@NickByers-og9cx nah, he's being sued by a guy who sold naked calls for $100 just before the price was going up. Unlimited loss potential right there, he was lucky it only ended up being $200k.
Sad to hear about his sister. He earned this money. Not only that, but unlike others in the market - he actually INVESTED in it.
He lured a large number of small investors in his scam and left with the money. While the hedge funds members recovered before their morning coffee. They simply lost theirs.
@@crhylis5833 If I was spreading lies Gamestop stocks would still be high.
He intentionally manipulated the market to his own benefit and the little investors ended loosing more than the hedge funds.
End of story.
@@Dr_Do-Little well then so did Michael Burry 🤷
@@Dr_Do-Little Gamestop stocks lowered because of the sudden buying halt of the stock caused by Robinhood to which over 100% of its users had/were trading when it was high (over 50% of its user had a GME share). The sudden drop in demand lowered the momentum and price of the stock; not to mention the short-selling that happened and is continuing to happen as well. Not a financial advisor, just an idiot passing by.
@@Dr_Do-Little wdym left with the money? He hasnt sold, he even bought more after the hearing
Leave him alone. Go after hedge funds! The fact that justice is going after individual investors instead of hedge fund shows how wrong the system is
Right?? Exactly
@@spencerlimming9993 these hedge funds manipulated the volatility of stocks so that they can short the stock to make their profit
why don't you explain one reason why they should go after him instead lol
@Spencer Limming
@Spencer Limming yeah, it was a pump dump, but it was supposed to lead to hedge funds losing their shorts. hedge funds forced robbinhood to force the short float stocks to go down. Only allowed for selling to be an option so people couldn't buy, but they can sell. People were forced to sell or hold. Stocks were only able to go in one direction, which is down. Volatility went far lower than previous day's because of this. That is on Robbinhood and the others that censored those stocks
I've owned GameStop stock for a decade. Bought it on a whim, assumed it would lose, just held onto it.
Are you still holding on to it?
Pthe diamondest hands
Still holding?
@@playwithneax7178 No and yes. I sold, but bought back in April. My friends kinda guilted me back into it.
This has to be the greatest free marketing any company has ever received in American history.
I was thinking the same thing!
I beg to differ. Have you heard of a small company named Tesla? 😜
I dont use the word legend loosely like some, but this man is clearly a legend.
Him: “I am not a cat.”
Cat thinking it’s a lawyer: “I am also not a cat.”
I am a cat. Meow.
He is a GOAT not a cat . Leave him alone and understand that he was a step ahead than hedgefunds. Legend!
"I Like The Stock"
- "keith gill"
DeepFuckingValue*
@@gordonou7065 DEEPFUCKINGVALUE*
He truly is #ourguy. Humble and normal. He’s like a modern Cincinnatus
He even has the epic haircut, just like Robin hood!
"It was not a good time to be looking for a job." As someone who graduated college in 2008, that hits home.
graduated high school that year too :/
I graduated during a recession and had a baby during a pandemic... crazy to think about
Bro I graduated in 2020
I lost around $1k with this and I did this on my own terms as I was aware of the risk. This guy did a thorough analysis and always said he does not give financial advice. What more do you need?
Well well well look at what that stock be doing... are ya winning now?
The hedge funds brokers are " Butt Hurt "'as hell that they got burnt in their own game...
Exactly he never gave financial advice, he just made a post on game stops value going up. But he never told anyone to invest they did that on their own.
Did you hold?
@@WizardsWay No, I sold with that loss, but even if I still had them I would not have made as much money as I did with my other investment. I bought Holochain HOT at $0.003 and even though crypto market went down a bit I still am at x2-3. Where with GME I would be at a small plus maybe and Holochain has a lot of potential as it is still pre-beta release and asset backed (compute and hosting economy) pretty innovative stuff and no-shitcoin hype. Worth a look, but do you own research of course
My heart broke when he talked about his sister man, RIP
You can hear it in his voice, heart breaking
who cares lol? he's rich!
I’m surprised he didn’t start sobbing.
@@claire6223 Wait until the day you lose someone very close to you and realize that no price can bring them back... When it happens, revisit this comment.
@@claire6223 thats the stupidest thing I’ve ever heard
WE LIKE THE STOCK
WE LIKE THE STOCK
WE LIKE THE STOCK
WE LIKE THE STOCK
WE LIKE THE STOCK
WE MAKE LOVE TO THE STOCK
It's funny how the honest ones are always the most straightforward with their responses.
it's amazing how the others twist their ass.
If Maxine waters had any answers it would be all lies. Lol.
this is honest? go read some r/wallstreetbets right now. please. you do no understand what actually happened.
@@kristajohnson9173 can you be more specific? I'm afraid there's a lot of content on wallstreetbets and I'm not sure what you're referring to.
Who's here after watching Dumb money ... living legend✊🏾
But do we buy!? And what's the next wave!? Haha 🌊😎
I fully believed he isn't a cat until he said "I'm not a cat". Trying way too hard to convince us, very suspicious...
Lmao. I have goosebumps that we're part of history. This will be talked about for decades
Such ballsy stetment to say on your wife b o y f r i e n d.
Methinks the kitty doth protest too much.
He's actually a roaring kitty.
Yeah, sounds like something a cat would say...
This man is a hero. Individual investors deserve a level play field.
Well we clearly don’t so what are we gonna do about it?
Make a movie out of this man, and I will watch it on AMC.
Don’t forget to text your friends about it on your BB
Netflix are
It’s criminal for him to be persecuted for this
Well what do you expect? He's being persecuted by the most prominent criminals in the nation.
Anyone in congress that questions his actions needs to be investigated.
I mean they all need to be anyway....
I listened to the first few hours and no one questioned him. He's done nothing wrong and is the real Robinhood of this story. It would take a very dump politician to go after him.
Can we just investigate them all to cover our bases?
@@jvm-tv yep, he is there to provide his side and support the investigation. it was really clear they are focusing on robinhood and melvin and citadel as faulty parties, and it was REALLY clear they are not happy with robinhood. they had nothing for DFV other than things like "have you ever seen this kind of behavior before" and he'd be like "no, i sure haven't!" and they'd go back to grilling the others.
they didn't bring him in as a potentially guilty party, i think it was obvious from everything i saw.
@@cellamuert exactly! Happy to see that. He's a great guy.
Its one man vs the entire wall st.
DFV represent us all. He is us.
What does dfv mean?
@@tommyhawkins5338 deep f**king value
"As for me, I like this stock."
Legend.
the written text is even better: "in short, I like the stock."
I like to come back to this video once in a while to remind myself of how well Keith did here. Inspirational
RIP to his sister. His voice almost broke there :(
Yeah that's very sad to hear :( I'm glad he has some good news for his family.
Roaring Kitty: "I'm not a cat"
Cat Lawyer: "I'm not a cat"
Mid February 2021
LOL!
He is a kitty... respect it...
And lawyers always lie...
something suspicious is going on...
This man spoke in front of the committee with no pants on and a picture of a hanging kitten hanging in the background with his legendary headband still in view 👏👏👏
DFV also gave a tip of his hat to Redditors who said they would take a drink/shot every time DFV said "I like the stock". When he said it in his opening statement, he said right afterwards, "Cheers, everyone". LOL!!!!! I love him! I am so happy for him and his young family (wife and baby)!!!! Financially they are all set! He came from scraps and bought some stock he loves, and now look at him: trolling the DC suits. LOL
Wow I did not catch the cat picture with the head band.
how do you know he wasn't wearing pants?
Leading with “I am not a cat” while keeping a straight face was golden.
Funny how this guy is the "least educated" and worst paid of all the people interviewed. And he's the only one of them saying things I understand easily 100%.
well said
People in the investment business love to use complicated language because they want everyone to think only they can do what they do.
it's a method of class separation by making the lower class literarically unable to understand by using english vocabulary that would make an SAT cry.
Yh the name for that is equivocating or equivocation. Its when they use big words in order to fool you or get around the question. *All* politicians and alot of lawyers are guilty of this
@@seafoam6119 ur 100% right. I cant believe i never figured that out.
Can't wait till you are back to making YT videos DFV!
Love your channel 👍
Unfortunately they won't let him. He's a risk. It's okay for them to make you all feel that the stocks is a fair game but when little people start beating billionaire hedge funds it's a problem. And I hope they're not going to try to make an example out of roaring Kitty to stop other people from teaching us about things that they don't want us to know. For example, how does investment really works and how we can all get rich from the stocks.
@Imran A that's true.
What's his youtube?
@@rohanjangam511 Roaring Kitty
“I like the stock”. Brilliant
I don't get it... is this some reference I'm not aware of?
@@darkideon Yes. WSB has been saying that for the past 6 weeks. It's a meme.
@@darkideon Also, Jim Cramer defended WSB on his show. Watch the whole thing here..
ua-cam.com/video/aZHTm0N59Rc/v-deo.html
@@darkideon the Suits want us to believe that Deep FV (Gill) didn't actually like the stock and only bought it to destroy Melvin. Gill has maintained from the beginning that he's a gamer, believes in GameStop, and likes the stock. His only "crime" was that he bought GameStop stocks. It's not illegal to buy any stock on the market. Anyone can. The Suits in DC and on Wall Street want us to believe Gill is some undercover shadow hedge fund manager with a rotten brain. LOL It's so hilarious that Gill is sitting in a chair that has "Secret Lab" on it. LOL He's such a troll! LOL
WE LIKE THE STOCK
I fully believe in this man. He is honest and he shouldn't be under fire because he made a large amount of money the legal way. He has a family, and has every right to keep what he has earned.
This was genuinely moving. Towards the end I was tearing up, I hadnt realised DFV had such a difficult time. I also love how he added in ‘I like the stock’ and that he’s ‘bullish’ at the end. Hero
I love How GameStop Stock soared during his testimony.
literally grew 7% in the next 5 seconds after he started talking
@@sniffersmc2827 he likes the stock because he is the stock
Just saw a store with going out of business sighns on windows. Lol
@Enter Name to the bitter end
@Enter Name yes, pump and dump where the guy starting the movement didn't dump, amazing
This man has done more to democratize the markets than any other single individual in financial history and he is being pilloried by the elites. He deserves a standing ovation, not animosity, lawsuits, and hatred.
Pilloried? Not yet ... lets see what comes of it.
More class than we’ve seen from our so called elected officials in my 35 years on this rock.
I LIKE THE STOCK! This man will forever be remembered. Long live DFV
Keith Gill, aka "Roaring GOAT"
what does goat mean?
@@alexm566 greatest of all time
@@bobbert24 thanks
This guy, who is not a cat, delivered an amazing speech. What a legend! His family must be so proud of him like most of the reddit community.
Today it's not about return ON capital. Today it is about return OF capital.
Yeah making 4200% feels more like return of capital
Honestly hearing his story is the most interesting part. I loved hearing about his bringing up and his struggles with unemployment. It gives people like me hope
The only human being in that meeting. Everyone else was just a sock-puppet for an arm of lawyers.
Or a money bag using an army of lawyers as their sock puppet.
Imagine being a hedge fund manager and being brought to your knees by roaring kitty....i wouldn't even ask for a hearing I'd be so humiliated....
Now imagine that’s not his name, he’s deepfuckingvalue!
That hurts em way more!
It be nice if maybe these people learn that the souless idea of a corporation and having a heartless way of speaking doesn't work in our society anymore. We are growing in a generation where a single entity is able to hold a platform and share their opinion without a room of dudes telling them the statistics of what will work or what won't work, UA-cam/Twitch etc. We are entering an interesting time in society because we're slowly seeing this shift of people being able to stand on their own without a group needed to succeed, it wouldn't surprise me if at the end of it, the hedgefunds realize they have a lot of fat they can just cut out of their finances and work with a smaller/more passionate group and not one that is just glued to souless way of thinking.
@@airget one of the few things that give me hope nowadays is seeing how people are fed up and are starting to understand normal people can actually make a difference...it breaks my heart what is going on in this country right now its all just a circus but people are starting to open their eyes thank god
@@airget amen man....you said it....couldn't agree more
@@swayback7375 a straight legend...
For those who hadn't noticed... the guy is brilliant. He would have to be. Its that brilliance that allowed him to crack the code of corruption. Problem is... corruption doesn't want its code cracked or revealed. That said, his appearance before Congress was designed to scare and intimidate him, but he made a memorable presentation instead, and handled it all with such grace.