Gill posted a screenshot of a $583 million position in a post on Reddit on Thursday. While $382 million of this position appears as profit, the rest consists of stocks and options. Fueling this excitement, GME stock increased by 47% yesterday, rising to $ 46, and then jumped to $ 61 in off-market transactions.

Reddit users calculated that if GME stock rose just another $9 on Friday, Gill would reach a billion-dollar fortune. While these calculations reveal the potential success of Gill’s investment strategy, they also point to the ongoing influence of the “meme-stock” phenomenon.

So-called “meme-stocks” are stocks that are often popularized through social media and are underestimated by traditional investors. GameStop experienced an incredible rise in early 2021, thanks to the intense interest of users of the WallStreetBets forum on Reddit. Gill made serious profits by investing in GME shares during this period. Now, he is attracting the attention of the entire stock market world with the possibility of reaching a billion dollar fortune.

The bets opened at Polymarket are also an indication of this excitement. “Will Roaring Kitty become a billionaire on Friday?” The named betting market collected $120,000 in bets in a short time. Odds for the “yes” option reached 50% during Asian hours on Friday, reflecting investors’ belief in Gill’s success.

Investors betting in Gill’s favor support calculations that the intrinsic value of Gill’s position could reach one billion if the GME price reaches $70. These calculations reveal that Gill’s investment strategy is not just a hope, but an approach with serious calculation and risk management behind it.

However, it would be wrong to say that this situation is not a gamble. As with every investment, there are serious risks in this case. If the price of GME stock doesn’t rise on Friday, or if Gill doesn’t make the gains he expects, his dream billion-dollar fortune could be dashed.

Gill’s story reiterates that traditional investors should not underestimate the power of retail investors. Thanks to social media platforms and online forums, the flow of information has now become democratized. Everyone can access accurate information and invest. Gill’s success demonstrates the potential of this situation.

In conclusion, Keith Gill’s story holds exciting potential. If GME stock rises as Gill expects on Friday, we could witness a “meme-stock” success story that will go down in history. But this is also a reminder that investing always carries risk and should be done responsibly. Investors who follow Gill’s story should keep these important lessons in mind when making their own investment decisions.