From Pump to Dump: 3 Meme Stocks Headed for a Massive Crash
AMCAMC(AMC) Investor Place·2024-06-30 20:00

Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs. Of course, investors can always put some “fun money” into these stocks as high-risk gambles. However, I would not recommend chasing the current meme stock rally. Most meme stocks have legacy underlying businesses that are bleeding cash and have negative growth. These companies are unlikely to provide long-term returns. In fact, they’re more lik ...