DeepFuckingValue

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Nonetheless, his argument "helped attract a flood of retail cash into GameStop":<ref name"reuters" /> during the first days of the valuation spike in late January 2021, hundreds of thousands of people downloaded investment apps like Robinhood to "join the action".<ref name"wsj" /> Ultimately, Gill's investment in the stock of GameStop (which he had begun in June 2019 when the stock was $5 per share) would inspire other posters and readers to invest: "Your steady hand convinced many of us to not only buy, but hold. Your example has literally changed the lives of thousands of ordinary normal people. Seriously thank you. You deserve every penny," reality_czech, a Reddit user, said.<ref name="wsj" />
Subsequent investment in the stock (and other "meme stocks" such as AMC, BlackBerry, and Nokia) would result in controversy; the 2021 GameStop short squeeze would result in several hedge funds and other institutional investors experiencing significant financial difficulty, as well as many retail investors seeing significant gains. By January 27, according to screenshots he posted on Reddit, Gill's original investment was worth nearly $48 million.<ref name="reuters"/> The value of the stock continued to fluctuate wildly; he lost $15 million in one day, and when markets closed on January 29, The Wall Street Journal confirmed that his brokerage accounts held $33 million.<ref name="wsj"/>
 
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