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The Depth Report Are Meme Stocks Dead – Long-Term Fundamentals vs Mass Psychology – Investing Lessons from Peru

Overview: Last year, a message board on Reddit called Wall Street Bets succeeded in driving up the prices of GameStop (ticker: GME) and AMC Entertainment (ticker: AMC) by huge amounts. The efforts caused billions of dollars of losses at hedge fund, Melvin Capital, enabled some large insider sales, and resulted in the bizarre occurrence of … Read more

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