2 Risky Meme Stocks You Don't Want to Hold With 'Diamond Hands'
The term "diamond hands" has become common among a certain subset of retail investors. It refers to the idea of someone who holds on to an asset for the long haul, even amid volatility and negative press. And there is nothing wrong with holding investments for many years or even decades -- Warren Buffett is often quoted for having said that his preferred holding period for investments is "forever."
But while that strategy can work well with blue-chip companies that you can feel confident will be around for decades, it can be disastrous when applied to riskier investments. Two that fall into that latter category today are Zomedica (NYSEMKT: ZOM) and ContextLogic (NASDAQ: WISH).
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Source Fool.com
