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🎁Get my FREE Journal + Watchlist: https://www.humbledtrader.com/free
WallStreetBets Meme Stocks $GME $AMC... One Year Later: https://www.youtube.com/watch?v=DW1LfpveK74
🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
http://bit.ly/2KXeAqH
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)
https://bit.ly/3rLAfp2
📉My Trading Broker Platforms:
Interactive Brokers: https://bit.ly/3bE82u4
Cobra Trading: https://bit.ly/3iNLqJq
Best broker for shorting stocks. Get 25% off commissions
Get My Trading Station Set Up & Favorite Trading Books
https://www.amazon.com/shop/humbledtrader
✅My REAL Social Accounts:
IG: https://www.instagram.com/humbledtrader/
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Twitter: https://twitter.com/HumbledTrader18
#shorts #stocks #daytrading
Everyone knows what a meme is, but what exactly is a meme stock? A meme stock refers to shares of a company that have gained the code like following online and through social media, and this whole thing started out as people on washing beds, subreddit buying, gamestop and amc as jokes. Don't get me wrong, they were and still are real companies, but these companies weren't exactly something you would ever want to invest in for the long term growth. To put it nicely, these dogs have questionable fundamentals, or, as somebody who is more direct, would say they were absolutely pieces of garbage and much like how we find memes to be funny. A lot of people invested in these stocks because they thought it was funny.
But little do they know these stunts were about to change the stock market and pretty much the entire world.
As a fan of you and your channel I'd have to disagree with this take. People started investing in these companies as the large short interest and possibility of a short squeeze went viral on Reddit and social media. People were buying lottery tickets, simple as that. Now many are bagholders still waiting for their tickets to print. Also didn't hurt that these companies were cheap to buy and have sentimental value to millennial investors.
Yolo pLaYz onlYYYYYY 😮💨💎👐🏻
Amc to da moon
Stonks only go up