You might be wondering what this "meme stock" craze is all about... SPECIAL OPPORTUNITIES [The Oxford Club Special Opportunities]( Note From Managing Editor Aviva Hauser: As Senior Markets Expert Matt Benjamin is currently enjoying himself on his beach vacation, this week's email comes to you from our friends at Investment U. Today, you'll be hearing from Investment U Content Manager Corey Mann on everything you need to know about the "meme stock" craze and what it means for you. And if you want to look at the market beyond meme stocks, you'll want to take a look at what Chief Investment Strategist Alexander Green [has to say about the current economy](. In fact, he believes that the next two years will generate more wealth than the previous two decades combined. [And he sat down with journalist Bill O'Reilly to discuss it.]( --------------------------------------------------------------- Can "Meme Stocks" Change the Stock Market? Corey Mann, Content Manager, Investment U You've likely heard all about "meme stocks" and have wanted to ask, "What are they, and why are they so controversial?" Well, these questions have led to various debates between investors of all experience levels. Some are on board with the social-media-fueled movement. Others believe it's reckless investing that will lead to larger concerns in the future. But let's take a deeper look at this investment trend that has taken the American market by storm. What Are Meme Stocks? Meme stocks became the center of attention for investors at the end of 2020, and they are still making headlines today. Along with cryptocurrencies, meme stocks have become one of the most controversial topics in the financial industry. So what exactly are meme stocks? A meme stock is any publicly traded company that is facing excessive trading volume from retail investors due to movements on social media. In general, it's a stock that goes "viral" on various social media platforms - like Twitter (NYSE: TWTR) and Reddit - leading to skyrocketing share prices. It all began with a community of investors on Reddit who recognized the trend of large hedge funds shorting GameStop (NYSE: GME) stock. Specifically, these hedge funds believed GameStop had a bearish outlook due to the closure of its stores throughout the country. Therefore, they decided to bet against, or "short," the stock. The Reddit community responded by buying shares of GameStop in massive waves, which caused the share price to skyrocket in what is known as a short squeeze. As a result, various trading platforms - such as Robinhood and TD Ameritrade - began limiting or completely halting the trading of GameStop stock due to the volatility and other underlying financial requirements. Thus, the meme stock was born. Can You Get Rich With Meme Stocks? So can meme stocks make you rich? This is where the controversy really begins to heat up. Due to the intense volatility, hedge funds began losing billions of dollars - while novice investors were raking in decent payoffs. In turn, this led to further interest from new investors looking to "stick it to the man," so to speak. [And GameStop was just the beginning...]( [Click here to find out more about the meme market...]( Enjoy your weekend, Corey SPONSORED ["My First Impression Was 'You've GOT to Be KIDDING Me!'"](
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