Freedman: The Danger Of Shorting Meme Stocks

03/29/22 03:08PM EDT

https://youtu.be/59SVd9kUg2A

Watch now as Communications analyst Andrew Freedman discusses his process feedback, cutting out consensus noise, and how he’s currently navigating the AMC Entertainment Holdings (AMC) squeeze led by CEO Adam Aron’s latest announcements regarding Hycroft Mining.

“The danger of shorting meme stocks is that they are already completely divorced from any fundamental reality,” explains Freedman.

“I can tell you any story that you want to believe, and then it becomes a classic case of misdirection. Then it becomes a very risky proposition as a short seller to hold onto that because you don’t know what [Aron] is going to do.”

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