Been scrolling through old market discussions and got curious about that whole meme stocks thing from back in 2021. Wild to look back at how retail traders basically said "let's make this happen" on Reddit and actually moved markets. GameStop was the OG that kicked it all off, then suddenly everything was a meme stock candidate.

Remembering AMC specifically - that one went absolutely insane. Up like 2,500% at one point just from people rallying behind it. The company was doing that whole direct investor outreach thing with special offers for shareholders. Movie theaters seemed like an unlikely candidate for this kind of movement, but that's kind of the whole point with meme stocks, right?

Then you had Wendy's getting caught up in the current meme stocks wave too. They were expanding into the UK and Canada, posting solid sales numbers, but honestly the stock momentum seemed more about the meme status than the fundamentals. BlackBerry was another one - they were actually doing real work with their security software and auto partnerships, but again, current meme stocks trading doesn't always care about that.

The thing that stuck with me looking back is how these current meme stocks showed both the power and the risk of coordinated retail trading. Some people made serious money, others definitely didn't. Makes you wonder if that kind of movement could happen again or if the market learned its lesson. What's your take - was it just a one-time thing or does this happen every few years when retail traders get organized?