- Roaring Kitty, known for his impactful tweets, has caused another stir in the pre-market trading space by pushing GME up 5%.
- Speculations abound that his cryptic messages might suggest his interest in another meme stock, AMC.
- A recent movie reference tweet by Roaring Kitty has sent the internet into a frenzy, with some claiming it hints at hidden stock cues.
Discover the latest buzz around Roaring Kitty’s tweets and their potential impact on GME and AMC stocks. Uncover the details and market reactions.
Roaring Kitty Stirs Markets Again: GME and AMC in Focus
Roaring Kitty, or Keith Gill, known for his prominent role in the GameStop short squeeze of 2021, has once again ignited market excitement. By posting a single tweet, he managed to push GME up 5% in pre-market trading. His tweet, a screenshot from “The Dark Knight,” featuring Heath Ledger’s Joker, is driving speculation about his next big move.
Twitter Detectives Weigh In: Does Roaring Kitty Own AMC?
Roaring Kitty’s habit of using movie references as cryptic messages has led to intense speculation among his followers. Some believe that his recent tweet hints at a stake in AMC, another popular meme stock. The masked kitten in the tweet’s image has been subject to various interpretations, with some seeing hidden messages that could imply ownership of AMC shares.
Market Reactions to Roaring Kitty’s Latest Tweet
The impact of Roaring Kitty’s tweet extended beyond mere speculation. AMC, which opened at $5.30, witnessed a 7.4% drop by closing at $4.91. While GME, opening at $37.69, fell to $28.22 after a disappointing Q1 report. However, GME saw a 5% uplift in pre-market trading following the tweet.
Gill’s Livestream and Market Movements
Keith Gill also returned to his roots on Reddit and conducted a livestream, which drew over 700,000 viewers, despite the disappointing Q1 results of GameStop. This livestream featured numerous references to movies, fuelling further speculation about his market moves and interests. His cryptic remark, “Oh movies, alright let’s go! Yeah movies… yeah, now we’re talking!” was seen as a potential clue by many.
The Speculative Nature of Meme Stocks
The meme stock phenomenon, popularized in 2021, has shown no signs of slowing down. Investors and traders alike are keenly following influencers like Roaring Kitty, trying to decode their next moves. Gill’s latest social media activities have done little to quell these speculative tendencies, instead intensifying market volatility around GME and AMC.
Conclusion
Roaring Kitty’s return to social media has certainly not gone unnoticed. His tweets and livestreams continue to wield influence over meme stock trading, with GME benefiting significantly in pre-market trading. While the cryptic nature of his messages keeps the online community engaged, it underscores the wild and speculative nature of meme stocks. Traders and investors must tread carefully, interpreting the hints with due diligence and analytical insight.
