Techdirt: Congress And The SEC Are Getting Basically Everything Wrong In Trying To Respond To ‘Meme Stocks’

Techdirt: Congress And The SEC Are Getting Basically Everything Wrong In Trying To Respond To ‘Meme Stocks’ . “There’s an underlying myth that the entirety of meme stock investing was about ignorant investors doing silly things, but doing so en masse to effectively counter for their own ignorance. And, surely, there were some retail investors who just went along for the ride, for the lolz, or whatever. But especially with the original meme stock, GameStop, the core of that deal was a retail investor who had done a ton of research, had a real game plan, and a real argument for why the stock was undervalued.”

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