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Meme Stock Breakdown Beginning

By Tim KnightStock MarketsJul 08, 2021 12:12AM ET
www.investing.com/analysis/meme-stock-breakdown-beginning-200590334
Meme Stock Breakdown Beginning
By Tim Knight   |  Jul 08, 2021 12:12AM ET
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In the end, I believe, we’ll all look back at the whole WSB subreddit and laugh. The breakdown is already starting. You can see it taking place in the favorite pre-pubescent redditor stocks—AMC Entertainment Holdings (NYSE:AMC), Clover Health (NASDAQ:CLOV), DraftKings (NASDAQ:DKNG), Palantir Technologies (NYSE:PLTR), Contextlogic (NASDAQ:WISH), SoFi Technologies (NASDAQ:SOFI), Plby Group (NASDAQ:PLBY):

AMC Chart
AMC Chart
CLOV Chart
CLOV Chart
DKNG Chart
DKNG Chart
PLTR Chart
PLTR Chart
WISH Chart
WISH Chart
SOFI Chart
SOFI Chart
PLBY Chart
PLBY Chart

And, thus, we’re starting to see these kinds of reports from the little fellas:

Balances
Balances
US Account Positions
US Account Positions

Net Account Value
Net Account Value

Meme Stock Breakdown Beginning
 

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Meme Stock Breakdown Beginning

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Comments (7)
Cee Reg
Cee Reg Jul 12, 2021 10:29AM ET
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TIm Knight, laziest author on the web ladies and gents. PBLY isn't a reddit stock and celebrating ridiculous losses is like half the point of WSB. Of course Stiff Knight knows this, but he's gotta make an article, man! These write-ups have less substance than a Nickelback song and they sound the same: "Look at this (photo)graph!" meme stocks after 1 red day Tim Knight: iTs HaPpEnNiNg
dan greens
dan greens Jul 09, 2021 10:08PM ET
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How is this an article? Aren't AMC and PBLY still way up there? a breakdown of the stocks would be cool.
Cee Reg
Cee Reg Jul 09, 2021 10:08PM ET
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Tim isn't capable of such analysis, we would have surely seen something by now
John Wouters
John Wouters Jul 09, 2021 12:47PM ET
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way to go
John Wouters
John Wouters Jul 09, 2021 12:46PM ET
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see this as making a song without an expensive producer and put your song on youtube
Timothy Evans
Timothy Evans Jul 08, 2021 6:08PM ET
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This is one of the worst articles I've ever read on this website and that's really saying something. It reads like someone who just NEEDED to post something. Get some substance.
Dave Owens
Dave Owens Jul 08, 2021 9:21AM ET
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Tim Knight's mother was a hamster.
Kevin Russel
Kevin Russel Jul 08, 2021 1:33AM ET
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none of those losses are real if they don't sell
Clyde McClellan
Clyde McClellan Jul 08, 2021 1:33AM ET
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someone selling or wouldn't dropped.sorry says 10.meme stocks but only see 2 AMC n gamestop.sorry just my view point
Kevin Russel
Kevin Russel Jul 08, 2021 1:33AM ET
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squeeze is eminent
 
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