The Kitten Returns

With a simple tweet, GameStop was send 100% higher. You have probably seen the tweet already but you see it again at the bottom of this article. So what happened last time?

During January of 2021 GameStop stock exploded after bullish sentiment started creeping into the stock. This bullish sentiment was started by Keith Gill because as stated “I like the stock”. This started with actual fundamental analysis that resulted in him seeing growth opportunities, but ended in “stick it to the suits” as WallStreetBets noticed the incredibly high short interest. 

Where the first signs of bullish sentiment showed during the end of Q3’20, as mentioned, the stock really started running into 2021. Eventually the run was ended as Robinhood had to stop trading due to capital requirements. 

Over the past week GameStop has been seeing some momentum, as the stock popped up over the one-year-high. Keith Gill responded by posting the picture on his X profile that was inactive since 2021. 

Gill has now also posted video’s to remind his followers of the financial market action leading up to the the previous market bubble.

If you liked this article, please make sure to subscribe to my newsletter. You can do so by clicking on the button below!
What to expect from it?
- One growth stock analysis per week
- Monday through Friday you’ll receive the Morning Market Feed in which I go over the news of yesterday with a skeptical/cynical twist. Finance should be fun, personal finance is serious enough by itself.

You can unsubscribe from the newsletter at any moment, this is of course without any questions asked.