Meet up with Litquidity, Instagram’s most popular finance meme account
2 min readSome legendary Litquidity memes (Resource: Litquidity)
Epitomized by the increase and tumble of GameStop, Reddit-fuelled meme shares are getting a serious second.
At the top of the $GME insanity, Litquidity — a person of the most popular finance-associated meme accounts (500k+ Instagram followers) — released the Exec Sum newsletter to enable folks make sense of the sector insanity.
The Hustle a short while ago spoke with Litquidity to locate out far more:
Litquidity is operate by an anonymous Wall Road banker
The Instagram account introduced in March 2017 and promptly picked up a next amongst the finance crowd.
“My near friends know I operate the account,” Litquidity tells us. “But my co-employees have no plan, and they’ll frequently mail me my have memes.”
The memes definitely took off for the duration of quarantine
And, with the Litquidity brand name blowing up, he noticed there was a significant urge for food for current market instruction and determined to start the newsletter.
It presently has sponsors and will provide as a stream of profits to enhance a (hilarious) items and marketing organization.
What’s right after GameStop?
Litquidity thinks these 3 ticker have “meme stock” likely (definitely, not investment guidance):
- Virgin Galactic ($SPCE): “The ‘to the moon stuff’ meme is effective best with Virgin.”
- Blackberry ($BB): “This is already a meme stock with the Reddit crowd, but there is essentially an appealing cybersecurity organization supporting the tale.”
- DraftKings ($DKNG): “The full athletics betting business is a meme manufacturing facility in itself. There is also actual momentum in the market with so many states transferring to legalize gambling to fill price range shortfalls exacerbated by COVID-19.”