Froth and FOMO are being used to create meme stocks, and fake meme stocks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Are there fake meme stocks? “No conversation at all, then a flood of mentions,” said Travis Rehl, the founder of HypeEquity, a platform that tracks social media sentiment on individual stocks. “The stock goes up and the comments stop almost immediately.”

Not all meme stocks are created equal, in fact some meme stocks might just be the result of a dark experiment with the market power of retail investor FOMO.

In fact, the only thing they had in common was a sudden surge in mentions on social media, a statistic that has been increasingly compiled by analysts like Rehl who are selling it as investment data on new platforms and which are now being quoted in analysis of meme stocks by major Wall Street firms which, in turn, are clearly now aware of how social media fuels the market for meme stocks.

These cases have caught the eye of other data platforms that track Reddit mentions of individual stocks. “It’s the #1 most popular page on our site,” Zambonini wrote in a direct message. “So there’s a huge audience out there that’s primed and ready to be taken advantage of.”“It’s market manipulation, pretty clearly” said Francis Curran, a securities litigation attorney at Kudman Trachten Aloe & Posner. “Even if it’s not a classic pump and dump, these are real people buying these stocks, and they’re left holding the bag when the price falls out.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Yes

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks making the biggest moves midday: Peloton, GameStop, MicroVision and moreThese are the stocks posting the largest moves in midday trading. Home gym equipment is still in demand. My parents just bought a second elliptical.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Stocks making the biggest moves after hours: Sanderson Farms, Globalstar & moreThese are the stocks posting the largest moves in after-hours trading.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »