New meme stocks dropped
Last week a reader emailed me:
I have a funny AI thing that happened to me this week; my friends and I were talking about Carvana on Tuesday night, which got me curious and I asked ChatGPT what the equivalent of Carvana today is.
ChatGPT told me Opendoor, so as any responsible investors do, we both bought a fair share of Opendoor. The next day the stock went roaring and went up by over 50%.
Nice trade for him; very much not investment advice for you. OpenDoor Technologies Inc. closed at $1.04 per share last Tuesday; this Monday it closed at $3.21. (It’s ...
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