Boston, MA – Reddit users in the past week have been caught up in speculation surrounding the identity of the person behind the social media posts on the Roaring Kitty X account that led to a significant surge in GameStop stock prices. The account, managed by Keith Gill, tweeted for the first time in three years on Sunday, triggering renewed interest in GameStop among traders and investors.
With Gill’s lack of activity on his other social media platforms such as Reddit and YouTube, Redditors began to question the authenticity of the tweets from @TheRoaringKitty. The 58 tweets posted since Sunday mainly featured compilations of movie scenes, leaving followers puzzled about the intention behind the messages.
The mystery deepened when a tweet on Monday suggested that Gill had sold the X account to @SCHL0MS, a conceptual artist known for engaging in elaborate stunts and spreading rumors online. The alleged sale was later confirmed by Polymarket, a platform where users can place bets using cryptocurrency, although the validity of the screenshots provided remains unclear.
Despite the claims made by @SCHL0MS, concerns about the authenticity of the transaction have emerged, particularly in light of the artist’s history of internet hoaxes. Gill has yet to address the speculation surrounding the sale of his X account, leaving many questions unanswered.
In response to the unfolding events, Reddit users have expressed skepticism and cautiousness, with some acknowledging @SCHL0MS’ reputation for artistic trolling. The uncertainty surrounding the true owner of @TheRoaringKitty X account has left many wondering about the motives behind the recent surge in GameStop stock.
As the situation continues to unfold, market analysts have noted a surge in trading volume of GameStop options leading up to the viral social media posts by @TheRoaringKitty. Strategists have highlighted the unusual activity in out-of-the-money call options as a significant factor contributing to the rally in GameStop stock prices.
While the legality of the events remains unclear, one strategist, Steve Sosnick, remarked on the precision and timing of the actions leading to the GameStop stock surge, emphasizing the strategic maneuvering at play behind the scenes. The developments in the stock market continue to captivate investors and traders alike as they navigate the uncertainties of the evolving situation.