Original | Odaily Planet Daily
Author | Nanzhi
Three weeks ago, Roaring Kitty, which had led retail investors to beat up Wall Street short sellers, reappeared in the public eye after three years, triggering a new round of surge in GME. However, except for the first tweet after its return, which was a suggestive picture, the content posted by Roaring Kitty was all movie clips, and it stopped updating after a few days, and the market enthusiasm for related concepts cooled down again.
(Reference: The King Who Forced Wall Street Institutions to Death Returns, Will Roaring Kitty Ignite the Meme Market Again?)
However, just yesterday, Roaring Kitty posted a screenshot of her positions on Reddit again after three years. The screenshot showed that Roaring Kitty held GME shares and GME call options (Call), of which the call options will expire on June 21, 2024. The floating loss was US$2.46 million when the screenshot was posted.
In addition, Roaring Kitty also released an equally suggestive picture on the X platform. The card is a function card in the UNO game, which means "reversal". The Roaring Kitty concept Meme token was also launched. The Meme coin of the same name, GME, rose 268% in a single day, and its market value once again exceeded 100 million US dollars. GME stock also rose by more than 100% before the market.
In the early hours of this morning, Roaring Kitty updated its position screenshot again, and its position profit increased by $78.6 million overnight. Among them, GME call options turned losses into profits, with a profit of $51.83 million, compared with a loss of $2.46 million yesterday. The profit of GME stock positions increased from $9.23 million yesterday to $33.62 million.
According to the Wall Street Journal, Roaring Kitty may be removed from the retail stock trading platform ETrade. People familiar with the matter said that ETrade, a subsidiary of investment giant Morgan Stanley, "has become increasingly concerned that his recent purchase of GameStop (GME) shares may involve stock manipulation." In addition, the US SEC will review some transactions of GameStop call options
Sorting out relevant investment concepts
Roaring Kitty has released position screenshots for two consecutive days, which may mean that it will continue to release related content before the call option expires on June 21. As a representative of the attention economy, Meme, a hot and persistent topic, may be used as a hype theme. Even if it is investigated by the US official organization or restricted, it can become the concept of Meme tokens. Odaily will sort out the concepts related to Roaring Kitty in this section so that readers can understand whether a certain token is hyping its concept, but it is not a direct investment recommendation, so this article will not directly provide the contract address.
GME: Roaring Kitty led retail investors to beat up short positions, and is also the most directly related to its concept. The most popular token with the same name is Solana (see the picture below), with a market value of $100 million. Ethereum also has a highly watched token with the same name, with a market value of $16 million.
AMC (AMC Cinemas): Another meme stock target after GME in 2021. At the same time, AMC is also a stock that was "unplugged" by Robinhood along with GME. NOK (Nokia) was also suspended from trading. The token is mainly fermented on Solana. AMC's current market value is 7.5 million US dollars.
Kitty: The eponymous concept of Roaring Kitty rose to a market value of US$35 million when it first reappeared three weeks ago, and its current market value is US$7.25 million.
Superstonk: Roaring Kitty chose to publish in this section in the past two days. Superstonk is a sub-forum under Reddit specifically used to discuss GME. The current market value is 2.3 million US dollars.
WSB (wallstreetbets): Roaring Kitty’s main posting platform in those years. Previously, screenshots of her positions were published daily in this sub-forum.
DFV: Short for Roaring Kitty’s Reddit account name, DeepFuckingValue.
Keith Gill:Roaring Kitty real name, such as kith gil and other name change tokens.
Ryan Cohen: CEO of GME, such as the eponymous tokens such as COHEN.
Melvin: Melvin Capital, the institution that lost $3 billion in the GME short squeeze.
In addition to the direct concepts above, a number of hybrid concepts have also emerged, such as GayStop, which combines the recent popular gay theme with GameStop. Readers are required to distinguish them on their own.