Update on Meme Stocks
Thursday, 05 August 2021
In this follow-up to Episode 26, which discussed the difference between investing and trading, Jay Pluimer revisits the rise of “meme stocks”. There are two sides to every trade, and looking back eight months later, we can better understand several aspects of the waves that meme stocks created in the market.
In this episode, Jay tackles questions like: Who made more money, individual investors or the companies? Has the number of meme stocks gone up or down over time? Are all of these trades based on the idea to create a “short squeeze” like with GameStop? Get the answers to these questions and more in this insightful episode.