Francois Joubert - Analyst, Red Hot Penny Shares

The only thing you will build with Trump’s meme stock is sand castles

A meme stock is the shares of a company that gain viral popularity under retail investors because of euphoric sentiment – usually because of rumours or pumping of the stock on social media or investment forums… The pandemic saw many of these so called meme stocks soar hundreds, if not thousands of percent. Most of the time these stocks fly upwards, not on their fundamental business case but purely because so many investors are blindly piling into them. Only a small amount of these stocks really have a strong business case. And that brings us to Trump’s meme stock – Trump’s Truth Social – or the Trump Media & Technology Group.

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Copper 360: this JSE copper miner is about to DOUBLE…

I’ve written about Copper 360 before. This little copper miner joined the JSE in 2023 with a focus on processing historical mined copper dumps, and then pivoting into shallow copper mining… But since its listing the company’s made big progress, and it has just penned a new deal that will see it double copper production over night!

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