So I was very active on the Wall Street Bets Reddit forum shortly before and during all of this.
I would agree that Roaring Kitty wasn't much of a catalyst (prior to the price exploding), but was an early proponent of GME.
I do distinctly remember deciding to invest in GME around December 22nd of 2020, based on what I was reading on the Wall Street Bets forum (unfortunately only like 50 shares.) It was a major daily topic on there from mid December (or earlier) on. Michael Burry was rarely mentioned as a holder, he had bought into GME a lot earlier. The conversation mostly centered on short interest, fundamentals and future moves GME would do.
So I would argue it was 'the collective' on WSB that was perhaps one of the larger catalysts.
I would agree that Roaring Kitty wasn't much of a catalyst (prior to the price exploding), but was an early proponent of GME.
I do distinctly remember deciding to invest in GME around December 22nd of 2020, based on what I was reading on the Wall Street Bets forum (unfortunately only like 50 shares.) It was a major daily topic on there from mid December (or earlier) on. Michael Burry was rarely mentioned as a holder, he had bought into GME a lot earlier. The conversation mostly centered on short interest, fundamentals and future moves GME would do.
So I would argue it was 'the collective' on WSB that was perhaps one of the larger catalysts.