Poppadoppaday
Poppadoppaday t1_j0s6ut2 wrote
Reply to comment by The_Law_of_Pizza in Social media influencers are charged with feeding followers ‘a steady diet of misinformation’ in a pump and dump stock scheme that netted $100 million by Wagamaga
I think BBBY and possibly AMC will implode sooner rather than later. They both have horrible financials. DWAC is looking dicey as well. GME probably has a couple of years, maybe more if they're smart enough to dilute again before share price gets too low.
I think the current meme stock bubble will pop, but when it happens will depend on whether too many GME people jump ship next time they dilute. Eventually people will forget about the current crop of busted stock conspiracies and the cycle will start again
Poppadoppaday t1_j0s7v1k wrote
Reply to comment by iOSAT in Social media influencers are charged with feeding followers ‘a steady diet of misinformation’ in a pump and dump stock scheme that netted $100 million by Wagamaga
Yup, the barrier to sane investing has never been lower. But buying target date index funds from Schwab or whatever isn't exciting. Market returns won't make you rich anytime soon.