FINANCE

Toy Story or Trading Strategy? Roaring Kitty's Latest Move Raises Eyebrows

Sun Sep 08 2024
Roaring Kitty, the internet-famous investor who once sent GameStop shares soaring, is back in the headlines. But this time, it's not about a meme stock. His latest social media post, a tweaked scene from Toy Story featuring a dog being dropped, has sparked speculation about his holdings in Chewy, GameStop, and AMC Entertainment. Could this be a subtle clue that Roaring Kitty is selling his stake in Chewy? After all, the stock took a tumble after his initial investment announcement, only to rebound later. Is this a sign that the market doesn't fully trust his judgment, or are there deeper forces at play?

questions

    What are the chances that Roaring Kitty's next post will involve a scene from 'The Godfather'?
    What are the ethical implications of individual investors using social media to potentially influence stock prices?
    How do analysts explain the volatility observed in Chewy's stock price following Roaring Kitty's disclosure of his stake?

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