Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis.

Good afternoon. Today is Monday, May 13th, and I'm your host Kim Kahn. Our top story so far.

Team Mem is back on the case. GameStop is reminding the market of 2021 with a sudden

rally that sent shares up more than 100% at one point this

morning. They are now off the highs up about 60%. The spark today was the return of Keith Gill,

aka Roaring Kitty, the trader whose thesis on GME lit the fuse on the mean

frenzy three years ago. Game Stop Bulls piled in with a familiar zeal and an aim of punishing

shorts. Roaring Kitty tweeted for the first time in nearly three years.

He simply posted a meme of a man leaning forward,

but GME fans got the message that he was taking notice of the recent action.

Hammerstone Markets notes that Gilmett that he was taking notice of the recent action.

Hammerstone Markets notes that Gill never sold his GameStop shares,

which many people assumed he did, hence his silence.

Gill's GMA steak was worth $48 million at the height of the Game Stop Mean Bubble.

If he still owns all 200,000 shares that he had in 2021,

his steak is worth $5.4 million on this morning's self-generated rally, they said.

The kitty also got the apes fired up.

AMC and other protagonists in the mean stock surge is up 30%.

Other highly shorted consumer stocks, seeing gains include New Egg Commerce, Beyond,

I-Robot, Children's Place, Vinfast Auto, Canoe, Petco Health and Wellness, and Tupperware Brands. The Game Stop Run started on May 2nd

with a jump of 16% on volume of more than 8 million shares about three times higher

than the previous session. Volume top 36 million on Friday, even though shares shed 3%.

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