WallStreetBets’ Keith Gill testified Thursday during the House Financial Services Committee hearing examining the saga over GameStop shares.
Gill, who goes by “Roaring Kitty” on YouTube, opened the hearing by telling lawmakers that he’s not wealthy, not a hedge fund, and, indeed, not a cat. He defended his activity on the social media platform Reddit in relation to GameStop stocks while expressing strong support for the video game company.
“When I wrote and spoke about GameStop in social media with other individual investors, our conversations were no different than people in a bar, or on a golf course, or at home talking or arguing about a stock,” Gill argued before lawmakers.
“Hedge funds and other Wall Street firms have teams of analysts working together to compile research and analyze shares of companies. Individual investors do not have those resources,” he explained. “Social media platforms like Reddit, YouTube, and Twitter are leveling the playing field.”
“The idea that I used social media to promote