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GameStop meme stock trader Roaring Kitty (aka Keith Gill) first returned to Twitter in May following a three-year absence, and then made his first new Reddit posts this week amid the latest revival of GME frenzy. Now there’s a clue that he may be bringing back his infamous YouTube streams as GameStop shares continue to gain.
GME shares have climbed 9% on the day, gradually rising to a current price of about $34.25. GameStop finished Wednesday at a price of $31.57, and now has pushed its five-day gain to 49% as of this writing.
Shares in the video game retailer began climbing again this week after Roaring Kitty—whose posts and livestreams helped prompt the meme stock trading craze and GameStop short squeeze back in 2021—tweeted after two weeks of inactivity. A larger price jump came in May after the influencer’s brief return to Twitter.
With Roaring Kitty back on Reddit now, as well, where he’s disclosing his sizable holdings of GameStop shares and options, will he complete the comeback on YouTube?
Traders are expecting just that following apparent activity on Roaring Kitty’s long-dormant account on Thursday. His old playlist of livestreams was updated with a new and apparently still hidden video, suggesting that Gill might be teeing up a return to the platform.
For now, it’s just a guess—but speculation over Roaring Kitty’s actions has fueled trading speculation around GameStop in the past. On the other hand, it could prove to be nothing; an administrative move that industry observers extrapolated into something more.
“This has the chance to be the greatest Rickroll ever,” tweeted writer and podcaster Trung Phan on the matter.
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The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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Source: https://decrypt.co/234210/gamestop-stock-rising-roaring-kitty-youtube
