These Meme stocks had been hyped up too much by retail investors but the fact that these stocks which used to be very cheap due to their company’s weak fundamentals would ended up retreating a lot after it got too expensive. Furthermore, these stocks are easily replaced by any other cheaper stocks, their retacement could be very fast, so it is not advisable to hold these stocks. If one had held meme stocks, you should not hold it for long, so that your pockets don’t get badly burnt when it retraces.