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The YOLO king of meme stock traders already suffered a $300 million loss on Friday after GameStop foiled his short squeeze.
urging others to buy stakes in GameStop and additional meme favorites with the term YOLO, or "you only live once." Others posted screenshots of their gains from AMC, BlackBerry and additional stocks.
Meme stocks have returned in recent days, according to market strategist Steve Sosnick. The sharp rallies in stocks like Reddit and Truth Media highlight the YOLO-esque trading activity.
"People YOLO their life savings into a short squeeze orchestrated on Reddit, refuse to sell anywhere near the peak, and invent a neo-religion to explain why," Olson said. The meme-stock short ...
Original image has been replaced. Credit: Mashable There's a new app that's topping the App Store: Yolo. If you're not a teen, or don't spend a lot of time on Snapchat, you might not have heard of ...
during the initial meme-stock mania. He appears to have done so through YOLO bets, bold and incredibly risky wagers that often have a tiny chance of paying out. Based on the screenshots ...
A Bloomberg report warns that Nvidia’s stock is becoming a playground for “YOLO” traders – those ... reminiscent of the meme-stock frenzy of 2021. A call option gives the buyer the right ...
Bed Bath & Beyond Inc. shares soared 45% Monday with no apparent news driving the move, as the WallStreetBets crowd on Reddit again embraced the 'meme' stock ... "10x'd a $45K YOLO" in Bed ...