This Is One of the Biggest Risks of Investing in Meme Stocks
Meme stocks have been a big story of 2021. Including GameStop and AMC Entertainment Holdings, there have been plenty of unlikely investments that have generated fantastic returns for investors this year. Marijuana producer Sundial Growers (NASDAQ: SNDL)$SNDL Inc (SNDL.US)$also became a hot meme stock in February, and its shares at one point were up over 450%.
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Wookee32 : Remember, SNDL was brought down 1000% from 13.00 (July 2019) to 0.13 (Oct 2020). Hold, selling at 1.00 - 1.50 is silly.