A man invested $53,000 of his family's savings into a dying video game store. Hedge funds laughed. He turned it into $48 MILLION and made Wall Street beg Congress to stop him.
> Keith Gill was a 34 year old financial analyst at a Boston insurance firm in 2019. His salary was ordinary but his conviction was not.
> He believed GameStop, a struggling mall video game retailer trading at $5 a share, was one of the most undervalued companies in America.
> Wall Street disagreed. Hedge funds had shorted the stock so aggressively that more shares were shorted than actually existed. They were certain it was going to zero.
> Gill invested $53,000 of his family's savings and started posting his analysis online under the name DeepFuckingValue on Reddit and Roaring Kitty on YouTube.
> Nobody took him seriously. He kept posting anyway, week after week, with nothing but spreadsheets and conviction.
> In January 2021 retail traders on Reddit's WallStreetBets discovered his posts.
> They started buying. The stock went from $5 to $483 in three weeks. A 9,600% move.
> Hedge funds that shorted the stock lost BILLIONS. One firm alone lost $6.8 BILLIO and had to be bailed out by other hedge funds.
> By January 27 2021 Gill's $53,000 investment was worth $48 MILLION.
> He lost $13 MILLION in a single day when the stock fell. He held anyway, without flinching, without selling a share.
> Robinhood restricted buying of GameStop without warning. Retail traders were furious. Congress summoned Gill to testify.
> He showed up in his Roaring Kitty headband and said three words that became the most quoted phrase in finance that year: "I like the stock."
> His employer fired him and paid a $4 MILLION fine for failing to supervise his trading.
> He went quiet for three years. Then in May 2024 he posted a single image on X. GameStop surged 50% the next morning before he said a word.
> By June 2024 his position was worth $289 MILLION.
> A Hollywood film called Dumb Money was made about the saga, starring Paul Dano. He has never spoken publicly about it.
He invested $53,000 into a stock Wall Street had already written off for dead. Hedge funds lost BILLIONS.
🇿🇦🚨Phala Phala Is not $540 000 hidden in a couch but rooms stacked wall to wall, floor to ceiling with US$.‼️ Estimates range from $4.8 billion to $6 billion. Gadaffi cash (1990) and ME + Saudi cash (2019).
The Phala Phala theft was US$60 million, taken to Namibia. Upon arrival they approached a contact to President Hein Geingob, (passed away Feb 2024) who wanted nothing to do with the $60m and reported it to Cyril.
In order to cover the crime, Cyril and Arther Fraser flew to Windhoek and met with the men in possession of $60m in cash. A deal was struck, they agreed to muddy the 'investigation' waters with differing amounts, $6m, $580k and $540k.
Most of the funds were packed in a helicopter and flown back to Phala Phala, the thieves, now partners, were allowed to keep $4m and now live lavish lifestyles in Namibia. But it does not end there.
Cast your mind back 4 years ago when a whistle blower was fraudulently liquidated in the Gauteng high Court for exposing the fact that in 5 luxury homes in Johannesburg, deep freezers and fridges in garages contained R1.5 billion in cash owned by Cyril, being used to finance zama zama gold.
Cyril's drug network makes serious profits and the cash can only be invested in crime.
Cyril owns two war chests. US$ and Rands so when the shit hits the fan he can pay mercenaries to continue the destruction of the country and keep his cronies floating in luxury while the people starve and the war on SA continues.
The media will never expose this but the people must know that the country is a crime scene run by international criminals and their top dog is Cyril.
Aunty Erica warmly welcomed us into her home for scones and tea. 💙😄
At 87 years old, she has just registered to vote for the first time! Aunty Erica supports us in taking Cape Town forward for everyone. 🇿🇦
📲 You can check your registration here: https://t.co/BpkVTHUpTX
Dear South Africa 🇿🇦
The @Our_DA plans on eliminating your medical aid Tax credits to fund free services in PRIVATE hospitals to 'specific groups', rather than simply fixing our Public health care system. Which is already free.
They call it "Health Justice".
https://t.co/w6iKnX3aAG
https://t.co/bFqxXEaYm1
American patriot @Asmongold read our entire Rape Gang Inquiry report to his millions of subscribers over seven hours.
He has already done more than the entire British media establishment.
An incredible effort.
https://t.co/RKkqx9yY4V
The South African government cannot continue to insist on controlling major swathes of the economy through SOEs while treating profitability as optional and taxpayers as an unlimited ATM for bailouts.
If the state wants to own and run businesses, then those businesses must generate their own revenue, cover their costs, pay market-rate wages, service their debts, and deliver returns... just like any private enterprise.
Instead, South Africa’s SOEs have become vehicles for patronage, cadre deployment, and systemic looting, with consistent losses papered over by repeated taxpayer-funded rescues.
It is parasitic failure subsidized by the productive sector.
You can not claim ownership and control of commercial entities, explicitly deprioritize profit and efficiency and then raid the tax base to fund the resulting deficits and corruption.
It's fundamentally incompatible with a functioning economy. The state must choose. Either you liberalize these sectors or run its SOEs as proper commercial operations that stand or fall on their own performance.
Taxpayers are not a fallback plan for ideological ownership fantasies. The current approach is simply legalized expropriation of the productive class to sustain incompetence.
The growing anger is entirely justified.
@BBCWorld its not claims its true. did you hear yesterday what @CyrilRamaphosa spoke about Europe. take note he is a racist, happy to hold out his hands for your money, and loot every single dollar to his friends
🚨 I was pulled over just now by these traffice officers on the N1 on my from my farm to Bloemfontein.🚨
The male officer informed me that my drivers license expired a week ago and that he is going to take my car keys to prevent me from driving any further.
I told him he must write me a ticket because I have 3 kids in the car and cannot be without my car, and that I am going to call my husband to come assit me, because he is not being reasonable.
He then tried to take my car's keys and my telephone and I closed my window so fast because he was getting aggressive. I told him that he cannot do what he is doing, and he said he can do anything he wants to, because he is an officer of the law and not me.
He started writing the ticket and then went to his car to call a female officer. On her arrival I opened my window again to talk to her and just as the conversation went a bit south, she put her arm through the open window and slapped me through my face twice.
I struggled to close my window with her arm halfway through it to get another slap at me, and was so shocked! She called me a fucking white person and said that they are not scared of me and she will hit me when and if I get out of my car.
I sat there while they shouted at me over and over that they are not scared of me and they will show me that I am not above the law. It looked like he was taking pictures of me and my car?? To do what with? To harass me on the roads?? I shouted at them that I will lay charges of assault against her, and she said I can go ahead.
My husband arrived and this is a video of their attitudes. We were advised by a police officer of Glen that we must go to the station - we will be helped there with the charges and with my statement.
At the police station the 1 officer and the captain started yelling at us to keep quiet, because we must not tell them how to do their jobs and they want to listen to the officers.
After about 20 minutes we had to leave, because the police was not interested in taking the traffic officers names or to have my statement, because they "have to take the traffic officers' statements first to hear what they have to say and then they will take time to listen to us".
I told the police captain that I was just slapped twice through my face by an officer in front of a 12 year old, 11 year old and a 10 year old who are now so scared of a traffic officer and that I want to lay a charge. And she just said she does not need to take any statements from me and I must stop telling her what she must do.
Even Botha realized that there is absolutely NOTHING to be done and we better leave before we get arrested for trying to speak!!!!! If you open your mouth, you get shouted at in Sotho by police officials!!!!
I cannot even lay a charge at a police station, because they say they don't have to hear anything I have to say and that the traffic officer says she will never do something like that!!!!!Now here I am.
What the hell!!! Go back tomorrow to just get another useless SAPS officer? And get pulled over by the same people obviously now going to target me, as this is the road I have to drive to the city?
PLEASE SHARE that their faces and this absurdness can spread as far and wide ⁉️