Tag: meme stocks

  • This is Why You Should Never Chase Meme Stocks

    This is Why You Should Never Chase Meme Stocks

    What goes up must come down. Unfortunately, some of us learned that the hard way with meme stocks this week. Over the last few days, shares of AMC Entertainment ran from a low of $2.90 to a high of $11.88. All as “Roaring Kitty” sparked a flurry of meme stock buying activity.  And while it’s been fun to…

  • Meme Stocks: Why Clover Health Could Take a Dive

    Meme Stocks: Why Clover Health Could Take a Dive

    Investors may want to avoid – or short Clover Health (CLOV). Over the last few days, the stock exploded from a low of about $9 to a high of $28.85. All thanks to the Reddit crowd. While it was impressive to watch, overbought shares of CLOV are starting to pullback on a Bank of America…