LPTH is the next meme stock ? LightPath Technologies(LPTH) is working with sectors that will invariably be the sectors of the future. Space exploration, Mars mission(NASA), self-driving cars, cloud systems, global internet, military industry, drone and robot technology. Market supply opportunities have been identified in these areas. In other words, the fundamental support for the company is very strong. It is this that ensures that it becomes a meme stock and that community groups "hype" the share price. The possibility of this also coincides with a fractal formation that is now taking shape. In the event that the fractal shown in the diagram starts to build, we could see a significant series of movements typical of meme stocks. In conclusion, I believe that both fundamentally and technically this stock could become a meme stock in the coming months.
your ideas are usually spot on however I'd be careful about any meme stocks, they seem to be mostly pump and dumps at the moment - most seem to have citadel as a significant investor.
on a side note about meme stocks, could you do gme please ❤️ I'd like to see your thoughts on it's potential
meszaros
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@popularLeader67374, Thank you for your comment. I agree with you that meme shares should be treated with caution. But the basic theory that you have to take outstanding risk for outstanding return is also true here. There is no free lunch. The point of my analysis was to point out that both fundamentally and on the basis of technical analysis, LPTH meets the criteria for a meme stock and has a chance to become a meme stock. I will do the analysis you requested and send it to you.
on a side note about meme stocks, could you do gme please ❤️ I'd like to see your thoughts on it's potential