There's nothing to meme stocks except hoping its increase will get more retail investors to pile in so you can sell to those at a higher price. AMC and GameStop and Bed Bath Beyond all have bad financials and/or market outlook, there's very good reasons why institutional investors did not want to hold them plummeting their prices.
Meme stocks are a giant pull of people looking to rugpull each other and the "true believers" holding will inevitably be the biggest losers.
https://imgur.com/gallery/dXDmJHw
https://www.youtube.com/watch?v=75GL-BYZFfY