Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024 in New York City.the Roaring Kitty account, as well as DeepF------Value on Reddit, helped lead a meme stock frenzy between 2020 and 2021.
Roaring Kitty gives the impression of being a guy in his basement trading stocks versus other big investors like hedge funds and investment banks, he said.'It's like going to Las Vegas' Betting on these stocks is a form of gambling, said Ted Jenkin, a certified financial planner and the CEO and founder ofBut he told CNBC he did bet on the meme stock frenzy himself — investing $75,000 in AMC on Monday and cashing out eight hours later after he doubled his money.Just 4% of current retirees say they are 'living the dream'
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