Meme Stock Guru Roaring Kitty Reappears And It’s Blast Off For GameStop, AMC Entertainment
deadline.comShares of GameStop and AMC Entertainment exploded Monday, up close to 80% and 50%, respectively, as Roaring Kitty, aka Keith Gill, the trader and Reddit celebrity who sparked the so-called meme stock revolution on Wall Street starting in early 2021, posted on X (formerly Twitter) for the first time in almost three years.
Gill, a former marketer for Massachusetts Mutual Life Insurance, got the big screen treatment in Dumb Money, where he was played by Paul Dano.
An investment advisor working at home during Covid, he researched video game retailer GameStop and saw solid fundamentals he thought weren’t reflected in the share price, and were being overlooked by the Street.
Big firms in fact were shorting the stock, betting it would fall. The film by Craig Gillespie, released in Sept. of 2023, was based on the book The Antisocial Network by Ben Mezrich.
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