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Posts & Investments - #memestock

Meme Stock Mullen $MULN Is Drowning Its Investors in Shares The electric vehicle company has issued a ton of stock as its value collapsed. There are now are almost 1.7 billion Mullen shares outstanding, compared with fewer than 25 million a year ago, and soon the authorized total could increase to as many as 5 billion, according to recent financial filings. Several hundred million of these shareSee more
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AMC Entertainment falls as APE dilution continues to spook investors 👻 AMC Entertainment $AMC closed the month of September on a sour note as the meme stock dropped by nearly 15% over the final week of trading in September. After a filing last week showed that the company could exercise up to 425 million additional units of $APE See more
Sep 6 - Oct 4, 2022
AMC
AMC20.46%
APE
APE53.52%
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Invested in GameStop
#buildandgrow #memestock #highlyshorted
Tipped
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Added GameStop to long-term portfolio
Headed for you, James Webb Space Telescope #buildandgrow #longterm #memestock
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Invested in Shiba Inu
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Sold CardanoInvested for 7 days
Made2.05%
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Have you heard about the new #memestock ? Don't worry, the MEME ETF from Roundhill has you covered. It started Dec. 8th. Here's the basics from their site: "The MEME Index consists of 25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest. The index is rebalanced every two weeks, in order to best attempt to capture trendiSee more
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MeMe stock legit rocked the pandemic, but a lot of people don't know that they were triggered by a certain platform. Well, that platform just filed their S-1 to go Public. That platform is #Reddit. Yes, you're reading that right. Felt this was coming when they beefed up their hiring and I saw some commentary around valuation (back in August raised a $700 Million round of funding at a valuation of mSee more
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Added Roundhill Meme ETF to Watchlist
Yes, this #ETF is what you think it is. Sorta. No longer do you have to have purchase each #memestock , there’s an ETF for that. There’s been an uptick in sentiment ETFs like the $BUZZ one that tracks social media (this one rebalances every 6 months). This one looks like it will be rebalanced bi-weekly + has an expense ratio of 0.69%. Another interesting call out: Companies with less than $1 Billion in Market Cap are disqualified from inclusion. Yikes! Some interesting ones in the mix @ debut : $DKNG $SOFI $WISH $AMC $SNAP ,etc Here’s more: https://www.roundhillinvestments.com/etf/meme/ Watching this one to see how it performs, that’s pretty much it. I’m intrigued @ the rebalancing, too! Compared to traditional ETFs (bit.ly/3tuUAQX), not pouncing on any of these yet. Think back to your objectives before reaching for your wallet!
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