The GameStop saga has reignited on Wall Street, with Roaring Kitty's return to social media sparking a frenzy. Citron Research, led by Andrew Left, is once again shorting GameStop's stock, despite suffering significant losses in 2021. Left has reopened a short position, albeit smaller than before, following the stock's 75% surge on Monday.

The rally was triggered by Keith Gill, a prominent investor and meme stock influencer, revealing a five million share stake in GameStop. The stock's rapid ascent added $6 billion to its market capitalization, prompting a trading halt due to volatility. Although the stock pared back some gains, it remained up over 30% by Monday afternoon.

The resurgence of meme stocks has captivated the market, with Roaring Kitty's return to social media fueling the frenzy. Andrew Left acknowledges Gill's influence, likening him to a hedge fund manager. However, Left's previous bearish bet on GameStop resulted in significant losses, and Citron Research is currently under investigation by the U.S. Justice Department for short selling practices.

As the GameStop saga unfolds, it remains to be seen whether Citron Research's short position will pay off this time around. The stock's volatility and meme stock frenzy make it a high-stakes gamble. Only time will tell if Citron Research will emerge victorious or suffer another costly defeat.

In conclusion, the GameStop saga continues to captivate the market, with Citron Research taking another bold bet against the stock. While the outcome is uncertain, one thing is clear - the meme stock frenzy shows no signs of slowing down.