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A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; [8] Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued. [3]
Kevin Paffrath (born January 28, 1992), also known as Meet Kevin, [2] is an American YouTuber, landlord, [3] real estate broker, [4] [5] and entrepreneur. [6] He has been a licensed investment advisor since September 2022 but states that he does not give personalized financial advice through his videos.
Keith Gill is a deep value contrarian investor and YouTuber who championed GameStop, leading to over 10,000% gains and $44 million in 2 years from an initial $53,000 bet on the downtrodden stock. Allan Gray was a noted South African contrarian investor that believed the best value was typically to be had when the market was down.
Finance YouTuber Tae Kim concurs, acknowledging that some habits hold us back while others benefit us in his YouTube Video. These are five bad money habits Kim said Americans need to quit.
Investors are focused on the potential extension of the stock market's bull rally heading into 2025. Wall Street experts highlighted the most important stock market charts to watch into next year.
The stock had been flat year to date ahead of Monday's rally but had risen about 60% in the past month. GameStop stock is now up over 180% over the last month, not including Tuesday's gains.