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Meme stock mania has given us an opportunity to spot the next GameStop

Meme stock mania has given us an opportunity to spot the next GameStop

But remember, there are no guarantees. Be smart, be educated, be informed about the trading market This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. Social media, love it or hate it, has swayed how we dress, how we act, how we speak and now even how we trade. For better or for worse, the likes of Reddit, Twitter and Tik Tok affect our daily lives to the degree that we don’t even have to have an account with any of these to feel the consequences (or the benefits) of how the various influencers have manipulated us. Take one of the latest cases in point, GameStop. Without going into much detail, suffice to say that it caused havoc on Wall Street, and drove an unsuspecting stock to new heights, to the detriment of the hedge funders. It even started a new trend known as meme stocks which, unless you really know what you’re doing, may not always be the wisest of investments.

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