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September 01, 2020 1:37pm
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Why Did This Sleepy Dividend Stock Jump 10% Overnight?

“Why is Arbor Realty (ABR) up 10% this morning?” The emails piled in. And obviously, yes, it was this Tweet from Roaring Kitty—the high priest of meme stocks—that sent highly-shorted stocks higher. Source: X.com His real-life identity is Keith Gill. He’s a former financial analyst turned meme stock diocesan. In 2020, Keith aka Roaring Kitty led the charge behind the short squeeze of GameStop (GME) , which sent that dinosaur stock (briefly) into orbit. The mere hint that Gill was back in the game was enough for his disciples to bid up old flames GameStop and AMC Entertainment Holdings (AMC) .… Read more
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