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Roaring Kitty Sparks Speculation on AMC Ownership
Roaring Kitty, the infamous GameStop bull, has once again stirred up speculation with his recent social media activity. After posting a single tweet last week, returning to Reddit, and hosting a livestream, Keith Gill, also known as Roaring Kitty or DeepFuckingValue, has some internet detectives convinced that he might also hold stock in AMC.
Gill gained notoriety during the GameStop short squeeze in 2021, and his communication style, often filled with movie references, has now caught the attention of AMC investors. In his latest post, he shared a screenshot from the movie “The Dark Knight,” featuring Heath Ledger’s Joker character holding a kitten mask before a bank robbery.
Some eagle-eyed Twitter users have pointed out what they believe are hidden messages within the image. The number five on the mask has led some to speculate about AMC’s stock price, which currently hovers around $5. Others claim to see the letters “AMC” on the mask, fueling further speculation.
Despite efforts to decode the image, the original photo of the kitten has been uncovered, debunking theories of hidden messages. However, the belief that Roaring Kitty may have a stake in AMC persists.
Market Reactions
On Friday morning, AMC opened at $5.30, experiencing a 7.4% drop to $4.91 by market close. Meanwhile, GameStop opened at $37.69 but plummeted 25% to $28.22 following a disappointing Q1 report and Roaring Kitty’s livestream. In pre-market trading, GME has rebounded by 5% to $29.59.
Gill’s return to social media last week, marked by revealing his substantial GameStop positions, generated significant buzz. Despite speculation that he could become a GameStop billionaire during his livestream, the early release of the company’s Q1 report led to a 30% crash in GME’s stock price. Nonetheless, over 700,000 viewers tuned in as the price fell, highlighting the enduring influence of the meme stock influencer.
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