This is exactly what should happen. The interesting thing is no one believes it will happen. Which means it probably will happen, but after a little more to suck more in. The incredible lack of volume lately would agree with this.
— Minsky Moment Mark (@markpainter17) May 13, 2024
GameStop soars in meme stock flashback as ‘Roaring Kitty’ reappears
GameStop shares jump 30% as trader ‘Roaring Kitty’ who drove meme craze posts online again
- “Roaring Kitty,” the man who drove the GameStop mania of 2021, posted online for the first time in roughly three years.
- Trading in GameStop was halted multiple times due to volatility on Monday.
- Roaring Kitty, whose legal name is Keith Gill, is a former marketer for Massachusetts Mutual Life Insurance.
Just in time.
The key headline this morning heralded the return of "Roaring Kitty", the underground trader who launched the Gamestop pump and dump in early 2021.https://t.co/wZNszmFEWP
Once again, pundits are lauding this event as another victory for the retail trader, when… pic.twitter.com/0WULBhFsoH
— Mac10 (@SuburbanDrone) May 13, 2024
I wonder how many hedge funds and market maker are scrambling here to source shares to close their shorts/naked shorts they were so obviously unprepared to deal with all of the sudden 🥲
Incredibly fun to watch 🍿
Narrator: watch out Mag7… https://t.co/8AyyRgzZdp pic.twitter.com/V9ktkmmQAh
— JustDario 🏊♂️ (@DarioCpx) May 14, 2024
JUST IN: Andrew Tate becomes the latest celebrity to say he is buying Gamestop stock, $GME, and never selling, according to a post on X.
He says Gamestop is a "battle against the system."
Trading halts are being viewed as an attempt to stop the meme stock rally.
Short sellers… pic.twitter.com/KvuxKKZVu8
— The Kobeissi Letter (@KobeissiLetter) May 13, 2024
"The company's name? GameStop. It's a cutting-edge tech firm with a plan to dominate the gaming and entertainment market, competing with giants like Walmart and Best Buy. In Q4, they reported their best EPS performance in 3 years. But here's the kicker: the original influencer… pic.twitter.com/admXJHYSiR
— Genevieve Roch-Decter, CFA (@GRDecter) May 13, 2024
We're looking for speculative froth to roll over and explode on news of the return of Gamestop. pic.twitter.com/fxJFfdJr5b
— Mac10 (@SuburbanDrone) May 13, 2024