$GME

GameStop Whale 'Roaring Kitty' May Be Removed on E*Trade Over Manipulation Concerns

E*Trade, owned by Morgan Stanley, is considering removing Keith Gill, known as 'Roaring Kitty,' over potential stock manipulation concerns related to GameStop (GME). Gill's recent social media posts and substantial GME holdings have driven the stock's price up, with shares rising 21% on June 3. Gill reported gains of $33.6 million in stock and $51.8 million in options.

Original reporting
Published Sep 19, 2026, 7:17 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 19, 2026, 8:14 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
GameStop Whale 'Roaring Kitty' May Be Removed on E*Trade Over Manipulation Concerns — source image
Decision brief

The 30-second read

$GMENeutralLow
01

Why it matters

The broker's deliberation adds a regulatory‑style risk to GME's momentum.

02

Market read

GME's rapid price increase and potential broker action create short‑term trading opportunities and risk considerations.

03

What to watch

Potential backlash from retail community could pressure E*Trade to retain the influencer.

Relevance 7/10Novelty 7/10Timing: post-event June 3 price surge

Background

Roaring Kitty, a key figure in the 2021 short squeeze, resumed posting on X and Reddit, prompting a sharp GME rally.

Company-level read

Ticker impact

$GMENeutralMedium confidence
Context

E*Trade is considering removing Roaring Kitty amid concerns his posts may be manipulating GME's price, which rallied 21% to $28 and later to $30.36.

Expected impact

Short-term pullback if removal occurs; heightened volatility if debate continues.

Evidence & confidence

The news is new and directly tied to a 21% price jump, but the outcome of the removal decision is uncertain.

Market effects

Meme-stock sector may see increased scrutiny of influencer activity.

U.S. retail investors likely most affected.

Limited to markets with significant retail trading participation.

Counterpoint

Regulatory or broker action could dampen GME's rally, presenting a short opportunity.

Key entities

  • GameStop

    U.S.-listed retailer (ticker GME) experiencing a meme-driven price surge.

  • E*Trade

    Online brokerage owned by Morgan Stanley evaluating removal of an influencer.

Related articles

$GMEMedAI 8/10

45% of GameStop’s Sales Now Come From This 1 Business Line

GameStop reported a 19% revenue decline to $790.2M in Q2, but net income rose 77% to $298.7M. Collectibles sales grew 57% to $356.3M, now 45.1% of total sales. Management raised adjusted EBITDA guidance to over $650M. Insider purchases boosted the stock 10% in a week, according to the company.

$GMEMedAI 8/10

GME Stock Jumps 4% After-Hours — What’s Driving The Rally?

GameStop (GME) shares rose 4% after-hours following CEO Ryan Cohen's purchase of 1 million shares at an average price of $20.38, totaling $20.4 million. Cohen now holds 39.3 million shares directly. The company reported a record second-quarter operating income of $160.2 million but saw net sales decline. GameStop raised its fiscal 2026 adjusted core profit outlook to over $650 million and completed a $1.4 billion convertible notes exchange.

$GMEMedAI 8/10

Did Stronger Earnings Just Shift GameStop (GME) Investment Narrative?

GameStop (GME) reported Q2 2026 sales of $790.2M, down from $972.2M YoY, but net income rose to $298.7M, with EPS of $0.51. Despite lower sales, higher profitability suggests changes in cost structure or revenue mix. The company paused buybacks under its 2026 program, keeping cash for operations. Analysts have varying fair value estimates for GME, ranging from $30 to $420.69.

$GMEHighAI 8/10

GameStop (GME) Hits Operating Milestone Despite Weakness in Core Sales

GameStop (GME) reported Q2 FY26 operating income of $160.2M, its highest for the quarter, and raised FY26 adjusted EBITDA guidance to over $650M. Collectibles sales surged 57% YoY, while net sales declined 18.7% YoY. The company reduced long-term debt to $2.8B and holds $4.9B in eBay shares. Cash reserves fell to $5.1B from $8.7B due to investments and a $75M loss on digital assets.