by robinhoodexe on 10/18/22, 10:07 AM with 3 comments
by smcn on 10/18/22, 10:26 AM
The past couple years has given massive rise to retail investors as market drivers. You can point to GME as the classic example but it's by no means alone. BBBY went from ~$5 to $30 not too long ago. Or, can look even closer: yesterday AVCT went from 1.62 to 2.35 (increase of 45%). Last week MMTLP started at around $3.77 and went to a high of $7.51, while that was happened MMAT went from $0.70 to $1.35. The week before, you've got FNGR going up 48% on the 5th, you've got AVCT up 29% on the 4th, GTII up 55% on the 3rd and 25% on the 5th.
If you stick to the standards of the past, you miss out on insane value. I just don't see how investors can disregard social media for much longer.
Disclosure: I run https://feetr.io which found the above stocks