MEME ETF - A Fast Track To Wealth?
@koolgal:
🌟🌟🌟There is Meme Mania in the air and $ROUNDHILL MEME ETF(MEME)$ is the first and largest ETF designed specially to track the performance of Meme stocks. Meme stocks are shares of companies that are actively traded by a dedicated online following of investors. Without their cult followings, meme stocks are not necessarily valuable assets or profitable. $GameStop(GME)$ was the 1st meme stock which exploded in value in January 2021 when hordes of Reddit users started buying GameStop stock, making it very expensive for hedge funds to buy back their short positions. As a result, some hedge funds suffered huge losses while some retail investors mad