How to Spot the Next Reddit Favorite – #stocks chatter

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How to Spot the Next Reddit Favorite
Bloomberg posts a short article about how to spot the next hot meme stock on Reddit. ([https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite](https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite))

Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit icon GameStop Corp. jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.
https://www.reddit.com/r/StockMarket/comments/nz43hx/how_to_spot_the_next_reddit_favorite/

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