For all who dont know.
Meme stocks got their name because people on WallStreetBets found out Hedgefunds were using computer programs to scan reddit for $ticker names. They then compilied the frequency of those names and started manipulating those tickers.
Well computer programs can't scan .jpeg file (pictures)……
So the most popular stocks started sharing DD in the form of pictures…
And that gave us the name “meme stocks” and associated with dumb money retail investors who dont do research. (We only researched that over 100% of a stocks legal float was being sold short)
I would love to see a journalist talk about this story and finally show the world how fucked up and corrupt Hedgefunds can be.
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