Newbies Investing Questions

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Similarly: "MEME ETF IPO: A Mistake that went badly"

From Seeking Alpha
Summary

* Roundhill Investments recently launched the MEME ETF, [symbol MEME} comprised of 25 securities that have a high "meme score" and high short interest.

*The pitch is straightforward: Although many of these stocks will fail, investors only need a few home runs to make them profitable.

* Unfortunately, MEME's passive indexing approach and 14-day minimum holding period mean losses are the most likely outcome.

* I will show that increased social media activity is a poor predictor of future returns, and hedge funds now have access to better data to protect against short squeezes.

* My recommendation is to watch with interest but not take a position in MEME. Speculative investing has a place in portfolios, but you're better off doing it with individual stocks on your own. Will and did Badly

https://seekingalpha.com/article/4474611-meme-etf-a-mistake-that-will-likely-end-badly