Meme stocks commonly experience a rapid increase in share price due to brand heritage, promotion on social media, technical trading signals or all three. This phenomenon gives CFOs of distressed companies, who are typically shunned by sophisticated asset buyers, a capital raising opportunity. Dr. Robert Hartwig said, “Retail investors squeezed out by the big boys eventually garner the big boys’ attention. Institutional investors see opportunities to gain on a speculative investment reinvigorating an older brand that had fallen off their radar screens, other than to short the stock.” Read the entire article here.