Roaring Kitty, aka Keith Gill, known for his role in the GameStop short squeeze, returned to social media, pumping up 'meme stocks' like GME. Short interest and days-to-cover ratios may lead to a potential squeeze.
The madness in meme stocks on Monday can be traced back to a social media post from Keith Gill, best known as "Roaring Kitty" on YouTube and X or "DeepF***ingValue" on Reddit. Several names with high short interest are ripping higher in the wake of the post. Yes, a simple meme has kicked off a buying frenzy in heavily shorted names.