Helius Medical Surged Over 66% in Premarket Trading
$Helius Medical Technologies, Inc.(HSDT)$ surged over 66% in premarket trading.
It rose 48% after hours last Friday, there is a claim out there that Helius is about to become the new meme stock. We have to say that we can’t see it from the medical technology they have but then that sort of reality isn’t what a meme stock is about. Meme stocks are about whether enough people believe it’s going to be the next big thing or not. If they do they’ll pile in, the price will rise and so we’ll have a momentum trade going on.
$(HSDT)$Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.