we like the stock meme
Space Cowboy hyenasandgin January 27 2021. A meme used for a currently trending stock.
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It became popularized on rwallstreetbets during the 2021 short squeeze of GameStops shares GME which were being short-sold at a high level by major hedge funds.
. Level 1 2 yr. Stonks is often associated with Meme Man pictured. By days end GameStops price.
This is a rallying cry for people excited about the stock of a specific company. GameStop Stock Surge or GameStop Short Squeeze refers to the massive surge in the price of of GameStop shares in the stock market in January 2021 when it rose from 17 to 136 in a significant degree due to a campaign by users in rWallStreetBets subreddit. Level 1 2 yr.
But its also pretty much the only company anyone on Wall Street is talking about right now after its stock rose 160 in a matter of hours on Monday morning to an all-time high of 159. Peter Cohan a senior lecturer at Babson College and author of Goliath Strikes Back told GOBankingRates that the return of meme stock trading tells me that we have turned the corner investors are now looking for an excuse to buy. The high number of buys by WSB forced the hedge funds to repurchase the shares at a much higher price and therefore.
Pandemic darlings such as Bed Bath Beyond GameStop and AMC all soared on Aug. 8 following increased chatter on some social media threads. These online communities can go on to build hype around a stock.
We like the stock. Once those investors sell their shares. Beyond Meat has shot up over 35 in the past month but there will likely be some pullback soon as we see with all.
I just like the stock. GameStop GME 226 started the whole Reddit-fueled meme stock trend earlier this year when the video game store operator spiked by as much as 1750 over a period of roughly two weeks in. This means that heavily shorted stocks like BBBY and AMC are attractive to the WSB crowd.
G ameStop is a struggling kind of boring mid-size retailer stuck in a legacy business selling physical video games. Ago Dont FK With VideoGames needs. 4K IS AN OLD MEME.
Meme stocks grow quickly because retail investors buy the stock in droves which pumps up its price. WE LIKE THE STOCK. A meme stock refers to the shares of a company that have gained a cult-like following online and through social media platforms.
The meme-stock mania seems to be regaining ground. Meanwhile most non-investors on Twitter are enjoying the ride. We like the stock.
Here are some of the best reactions and memes about GameStop stock that have flooded the internet this week many of which center on the fact that most of us know pretty much nothing about Wall Street but we know just enough to get. The hype resulted in GameStop GME becoming of the most traded stocks on Wall Street that month.
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