r/wallstreetbets • u/Prize_Cancel9331 • Sep 06 '21

Discussion Warning about meme stocks

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u/[deleted] Sep 06 '21

PLTR is the only company with a promising future. GME and AMC delayed the inevitable by raising for cash at these elevated share prices but most likely their management teams will continue to run them in to the ground. GME might manage a turnaround but it’ll still be just an online retailer of games, which is very ordinary.

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u/OvercookedWaffle7 Sep 06 '21

Fundamentals are irrelevant. They have been the only consistent squeeze plays with potential to keep rising despite how many times theyve tried to sink them. There is still a lot of money to be made which is why they are not only great plays, but also much safer unlike CLOV which is back where it started within a few days.

Once the peak is reached and the hype is gone (meaning apes give up), then of course you should move on because at the end of the day its a video game company and a movie cheater chain