3 Red Flags for a Stock That Could Actually Be Green Flags for a Meme Coin
Meme coins like Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) don't perform like stocks, or even like other cryptocurrencies like Bitcoin. A lot of the time, new developments that most investors in stocks would interpret as bad news aren't actually so bad.
In fact, in some cases what would be considered red flags for a stock end up being green flags, with higher prices often following. So to give you an edge with your investments, let's elaborate on a trio of these red flags that can mean the opposite in the context of a meme coin.
One of the oldest rules in the stock investing bible is not to buy shares of a company that's facing down significant legal or regulatory issues, or is otherwise embroiled in some kind of controversy that gets a lot of attention.
Source Fool.com
