Can i put my tree up now meme2/23/2023 ![]() ![]() Keep this in mind before diving into these nine meme stocks: But, don’t consider it a surefire path to investing profits. Buy-hold investing in broad diversified portfolios produces the largest lifetime returns. He said, “I would encourage retail investors not to play in these short squeezes because the risks are extremely high. Dunn professor of finance at Carnegie Mellon’s Tepper School of Business, responded to a question about investing in situations like GameStop. In an email to InvestorPlace, Chester Spatt, the Pamela R. ![]() And, as its epic rise made headlines across the globe, those late to the party hopped along for the ride.īut, hopping on the bandwagon can be a risky move for retail investors. We saw this in action with GameStop (NYSE: GME). Others, buying out of FOMO, dive in, in order to avoid missing a “can’t-miss” opportunity. Early movers buy in, and start touting them online. Meme stocks, sometimes playfully referred to as stonks, can be a self-fulfilling prophecy. It could also come from social media platforms like Twitter (NYSE: TWTR), or StockTwits. This hype could be generated on Reddit’s WallStreetBets forum. What’s a meme stock? In short, a stock, popular with millennial-aged retail traders, that trades more on hype than its underlying fundamentals. With meme stocks, meme culture has finally hit Wall Street. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |