Meme Power
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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
There’s a company called Opendoor Technologies (OPEN) which, in saner times, lost about 99% of its value.
Now that the year 2021 has returned with full force (even sans Covid trillions), junk stocks like OPEN have soared hundreds of percent in a matter of days. More amusing still, they’ve done so on huge volume based on chatter in places like /WSB where, even now, people expect to buy at these prices and earn, and I quote, generational wealth.
Good luck with that.
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