The meme stock crowd is expected to 'exit quickly': Expert

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AMC Entertainment News

Brad Smith,Peter Atwater,Gamestop

After re-energized enthusiasm in the meme stock trade this week, the hype seems to be fading as shares of video game retailer GameStop (GME) and movie...

"We should expect that as burst-filled as this last week has been, there should be a comparable bust coming in these names. The thing that distinguishes bubbles from from other kinds of behavioral patterns is that first step is the steepest," Atwater says."So if this is an indicator of mood, we should expect these companies to leave via a high story window quite quickly.

That the thing that distinguishes bubbles from, from other kinds of behavioral patterns is the that first step is the steepest. The 2011 Rookie of the Year returns for the magazine's 60th Anniversary issue alongside fellow cover stars Chrissy Teigen, Gayle King and Hunter McGradyMom Who 'Gave Up Entire Life' to Raise 6 Kids in Tears on Mother's Day After Getting No Recognition: 'Of All the Days'

"I don't think I've said that word in my entire life, in any form or fashion," Guthrie said, noting she was "dying of humiliation"It costs you less to trade US stocks at Interactive Brokers than at other brokers. Your capital is at risk.

 

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