Comment by oldkstand on 02/04/2023 at 15:21 UTC

249 upvotes, 4 direct replies (showing 4)

View submission: Keith Gill (u/DeepFuckingValue) and The Gamestop Saga

But did he ever cash out and how much?

Replies

Comment by Shiggymana at 02/04/2023 at 15:53 UTC

509 upvotes, 6 direct replies

After this final update, he hasn't reported to anyone whether he is still holding the shares, and likely will not inform anyone if/when he does sell considering the backlash he took when he was still an unknown redditor posting his gains. Since gaining stardom from this, he would likely face more serious repercussions for market manipulation if he was to report his sentiments and/or positions considering his renown after these events. Short answer, no one knows, but many believe he is likely still holding his shares and has never cashed out, considering he never sold throughout the mass volatility of the squeeze, even doubling down during it.

One of the top comments in the final update post tracked some of the notable price swings he endured, if you find it relevant:

u/TheGunStays commented:

"The One True King.

His Chronological Gain/Loss History:

$53,000 --> $3,100,000 in 18 months.
$3,100,000 --> $7,300,000 in two weeks.
$7,300,000 --> $13,880,000 in six days.
$13,880,000 --> $22,845,000 in 24 hours.
$22,845,000 --> $47,973,000 in 24 hours.
$47,973,000 --> $33,170,000 in 24 hours.
$33,170,000 --> $46,043,000 in 24 hours.
$46,043,000 --> $17,397,000 in two weeks.
$17,397,000 --> $26,525,000 in two weeks.
$26,525,000 --> $40,389,000 in one week.
$40,389,000 --> $29,378,000 in two weeks.
$29,378,000 --> $39,804,000 in one week.
39,804,000 --> $34,473,000 in two weeks.

Through all of the above, **he never sold a single fucking share.**

The phrase "Diamond Hands" should be retired across all of WSB. Gains of $35 Million in 48 hours. Losses of $13 Million in one day, and $30 Million over two weeks. Never Selling. Unbelievable."

Comment by landen327 at 02/04/2023 at 17:39 UTC

33 upvotes, 2 direct replies

He actually cashed out a couple times throughout the saga, if you kept up with how updates you can see it. Most people liked to ignore that part tho. Even before congress he made a couple hundred thousand dollars