Build something that people want to support!
What Is a Meme Stock?
A meme stock refers to the shares of a company that have gained viral popularity due to heightened social sentiment. This social sentiment is usually heightened due to online and social media platforms.
Want to be a Meme Stock?
There are no shortcuts. Build something people value and want to invest in and root for. People love their video games, and GameStop was a hub for gamers. Enough so that the idea of them going out of business literally pissed people off. The emotion behind the craze is part of the “social sentiment” aspect of the definition of a Meme Stock. And who doesn’t like a good movie and popcorn. The idea that movie theatres may disappear in America invoked emotion in the public. And they inturn invested heavily into AMC.
Retail Buyers Are Here to Stay
Unless you’ve been hiding under a rock, corporate CEOs are starting to understand that Wall Street doesn’t hold all the power anymore and the democratization of the investing world is upon us – and here to stay. See The Future of Capital Markets: Democratization of Retail Investing (Source: World Economic Forum) and Retail investors are here to stay, says Betterment’s Dan Egan (Source: CNBC FastMoney)
The Short of It
Want to get a flash mob to come buy up your stock? Have a real business that people can get behind and position yourself as the underdog. Then wait. Because one of the contributing factors in the Meme Stock craze is a larger macro economic run on the markets.
Setting out to become a meme stock is probably a bad idea/goal. It’s better to have a sound investor relations strategy that tells a compelling story that will gain cheerleaders for your company. You can sell a good company, but a great company story sells itself. You will find retail investors telling the story for you and that is when you know you have garnered real retail support.
Need help telling your company’s story to the investing world? Contact us today: