Meme Stock Frenzy Reignites as Retail Investors Chase the Next Short Squeeze

Meme stocks are seeing another wave of speculative energy as retail investors flood social media with trading ideas and search for the next short squeeze. The latest action is led by Opendoor Technologies, whose stock surged as much as twelvefold since July before pulling back, with wild volatility and huge trading volumes marking it as a centerpiece of the current meme frenzy. High-profile figures like Anthony Pompliano and Eric Jackson have poured fuel on the fire, promoting the stock on X and Reddit and spurring further participation among retail traders. The narrative around Opendoor centers on leadership changes and new technology products, but trading remains driven almost entirely by crowd psychology and viral momentum rather than company fundamentals.

Palantir Technologies is another name surfing the meme wave. While Palantir benefits partly from genuine growth in artificial intelligence contracts, its nearly fivefold gain over the past year is also pushed along by retail investor hype. Some warn the valuation is becoming detached from reality, mirroring earlier meme stock manias.

GameStop and AMC remain core holdings in the meme stock world, constantly ranking high on Reddit and retail trading forums. Volume on both tickers jumped this week following renewed memes and viral trading videos. Despite ongoing operational challenges—GameStop’s sales continue to decline, while AMC reported ongoing losses—both stocks see turbulent swings as social sentiment ebbs and flows. Any hints of a short squeeze or management statement quickly spark trading surges. Yet, experts caution the environment is now less conducive to massive squeezes than in 2021, with more institutional investors involved and retail appetite somewhat diminished.

Recent attention has also shifted to Hour Loop, a low-cap stock with minimal fundamentals but a dramatic rise in retail attention and short interest. Volume spiked as users on WallStreetBets and StockTwits began speculating about a potential squeeze. While Hour Loop’s financial health is poor, the coordinated buying and viral posts make it a current favorite for meme stock day traders, alongside names like GoPro, which itself saw unusual volume spikes.

Notably, Kohl’s and Krispy Kreme experienced brief surges this summer, with trading volumes up several thousand percent, only to rapidly lose momentum and suffer major selloffs. These sharp reversals highlight the risks for latecomers chasing social media-driven pops, as price swings can reverse rapidly.

Regulators continue to warn about the risks of meme stock speculation, with the SEC monitoring online forums and unusual trading patterns for signs of market manipulation. There is growing concern about the disconnect between these stock prices and underlying company performance, and authorities are increasingly vocal about the need for investor caution.

Reddit and similar platforms like YOLO Stocks and Meme Tracker have registered escalating mentions and upvotes for meme tickers this week, emphasizing how much the meme stock phenomenon is still guided by online community dynamics. Despite the recent pullbacks in some leading names, enthusiasm for finding the next breakout remains robust, keeping volatility high as retail traders hunt for opportunity—often in stocks with weak fundamentals and outsized short interest.

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This content was created in partnership and with the help of Artificial Intelligence AI

Episode Transcript

Speaker 1 (00:00):
Meme stocks are seeing another wave of speculative energy as
retail investors flood social media with trading ideas and search
for the next short squeeze. The latest action is led
by open Door Technologies, whose stock surged as much as
twelvefold since July before pulling back with wild volatility and
huge trading volumes, marking it as a centerpiece of the

(00:22):
current meme frenzy. High profile figures like Anthony Pompliano and
Eric Jackson have poured fuel on the fire, promoting the
stock on x and Reddit and spurring further participation among
retail traders. The narrative around open Door centers on leadership
changes and new technology products, but trading remains driven almost

(00:42):
entirely by crowd psychology and viral momentum rather than company fundamentals.
Palenteer Technologies is another name surfing the meme wave. While
Palenteer benefits partly from genuine growth in artificial intelligence contracts,
its nearly fivefold gain over the past last year is
also pushed along by retail investor hype. Some warn the

(01:04):
valuation is becoming detached from reality, mirroring earlier memestock manias,
game Stop and AMC remain core holdings in the memestock world,
constantly ranking high on Reddit and retail trading forums. Volume
on both tickers jumped this week following renewed memes and
viral trading videos. Despite ongoing operational challenges, Game Stops sales

(01:26):
continue to decline, while AMC reported ongoing losses. Both stocks
see turbulent swings as social sentiment ebbs and flows. Any
hints of a short squeeze or management statement quickly spark
trading surges, yet experts caution the environment is now less
conducive to massive squeezes than in twenty twenty one, with
more institutional investors involved and retail appetites somewhat diminished. Recent

(01:51):
attention has also shifted to hour Loop, a low cap
stock with minimal fundamentals, but a dramatic rise in retail
attention and short interest volume spiked as users on Wall
Street bets and stock twits began speculating about a potential squeeze.
While our Loop's financial health is poor, the co ordinated
buying and viral posts make it a current favorite for

(02:13):
memstock day traders, alongside names like GoPro, which itself saw
unusual volume spikes notably Coals and Crispy Kream experienced brief
surges this summer, with trading volumes up several thousand percent,
only to rapidly lose momentum and suffer major sell offs.
These sharp reversals highlight the risks for late comers chasing

(02:34):
social media driven pops as price swings can reverse rapidly.
Regulators continue to warn about the risks of memestock speculation,
with the SEC monitoring online forums and unusual trading patterns
for signs of market manipulation. There is growing concern about
the disconnect between these stock prices and underlying company performance,

(02:56):
and authorities are increasingly vocal about the need for investor caution.
Reddit and similar platforms like Yolo stocks and memetracker have
registered escalating mentions and up votes for meme tickers this week,
emphasizing how much the meme stock phenomenon is still guided
by online community dynamics. Despite the recent pullbacks in some

(03:18):
leading names, enthusiasm for finding the next breakout remains robust,
keeping volatility high as retail traders hunt for opportunity, often
in stocks with weak fundamentals and outsized short interest. Thanks
for listening to the meme Stock Tracker Podcast. Be sure
to subscribe so you don't miss the next update.