Stock market: Meme stocks and what to do with them
Meme stocks today such as AMC, BYND, rise. AMC stock has risen too fast too high just because of the FOMO effect and of its stock price manipulation. With very poor fundamentals AMC stock has made today a 52-week high of $29.76. A company that in order to avoid bankruptcy raised cash via a stock offering, with negative stock dilution effects.
FOMO stock trading? Is it a sound way to buy stocks? Is it a safe way to invest in stocks? Investing vs trading vs speculating. The stock market is many things, irrational exuberance is one of them. So do your very diligent homework with meme stocks. They reach the bubble territory too often too fast. Will you join speculative trading with all its risks?