Ten Soldiers Of The WSB Reddit Army
Well, the reddit /wsb crowd is still holding tremendous sway. Below are the top ten recipients of their attention and buying. The most hysterical one is Wendy’s, which is absolutely exploding today. And why? Because the notion of “tendies” (e.g. you make some money trading and celebrate by buying and eating some chicken tenders) has come full circle, and they are holding Wendy’s in the highest esteem to their chicken tenders on the menu. I’m serious. This is where we are at.
Clover Health Investments, Corp. (CLOV)
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BlackBerry Limited (BB)
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Clean Energy Fuels Corp. (CLNE)
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GameStop Corp. (GME)
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AMC Entertainment Holdings, Inc. (AMC)
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The Wendy's Company (WEN)
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Workhorse Group Inc. (WKHS)
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Tilray, Inc. (TLRY)
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Tesla, Inc. (TSLA)
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Academy Sports and Outdoors, Inc. (ASO)
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WSB is unstoppable!
How many of the charts show peaks, as opposed to continuing trends? I recall seeing a similar pump and dump with Bitcoin a few weeks back. Riding a wave to a peak can turn a profit if one can sell at the right time. But a sell takes a buyer, and that is where the challenge lies.
I would think both LightPath (LPTH) and Sorrento Therapeutics (SRNE) would make the list; as both are being talked-up in groups and both have had rallies on volume.