Riding into the hype.

Many of us have seen the violatile of 'Trump-related' stocks. Some have positive gains, while some have posted loss. I, myself, have also suffered from losses in such meme stocks.

A short read on the background, and a little of what caused the hype on such stocks.

As many would have know, he, who got kicked off from popular social media apps, have launched his own social media named Truth Social under his company Trump Media and Technology Group. His company and $Digital World Acquisition Corp(DWAC)$will merge and list on Nasdaq.

Such news prompt his supporters, many of whom were from his president-elected days, to come forward to invest into DWAC causing the spike in price.

Shortly after the increase, other companies who supported his election campaigns have also seen sharp increase in their stock prices. One of which is $Phunware, Inc.(PHUN)$, others mentioned were $Remark Media(MARK)$and on.

I was affected negatively by previous meme stocks. But the devil in me continue to arouse me to get into one of the stocks. I placed peanuts into PHUN, experienced excitement happiness and violatile on Friday. Sold part of it with peanut profits.

Investing on such violatile stocks is risky, and I have experienced on many occasions. Only invest, on in such cases gamble, when I have some little peanuts to spare, not any financial advice though.

Thanks for popping up to ready article, do take care of yourself and stay healthy. [爱你] [爱你]