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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
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
Invested in GameStop
#buildandgrow #memestock #highlyshorted
Added GameStop to long-term portfolio
Headed for you, James Webb Space Telescope #buildandgrow #longterm #memestock
Invested in Shiba Inu
Sold CardanoInvested for 7 days
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
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
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: Watching this one to see how it performs, that’s pretty much it. I’m intrigued @ the rebalancing, too! Compared to traditional ETFs (, not pouncing on any of these yet. Think back to your objectives before reaching for your wallet!
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