Roaring Kitty Returns Account, GME Price Surges 📈
After a sudden disappearance, the Roaring Kitty Twitter account is back, and so is the GameStop share price that nearly doubled in pre-market trading.
Keith Gill’s Resurgence in the Market 📈
Keith Gill, a financial analyst turned stock and meme influencer, who played a key role in the 2021 GameStop short squeeze, is back on Twitter.
- He posted an image of an Uno reverse card, signaling a U-turn from his previous farewell message.
- Reddit account ‘DeepFuckingValue’ posted on the SuperStonk subreddit, claiming to be the GameStop whale buying $20 call options for GME.
- Gill’s trading activity attracted attention as his position swelled to $116 million, sparking market interest.
GME Price Surge and Mixed Reactions 📊
Gill’s reappearance saw a rally in the GME price, nearly doubling since his comeback, potentially valuing his GME bags at $214 million upon U.S. market opening.
- However, reactions within online communities like Wall Street Bets have been mixed.
- Some users expressed concerns, suggesting that the community should focus on other activities rather than GameStop.
- GME was humorously referred to as “the stock that shall not be named” in a Reddit post.
Hot Take: The Return of Roaring Kitty and GME Rally 🚀
The resurgence of the Roaring Kitty Twitter account has coincided with a significant surge in the GameStop share price, reflecting the continued influence of retail investors in the market.