DRAM ETF Sinks Nearly 32% as Margin Calls Hit Memory Stock Investors: Charlie Bilello Warns 'That Almost Never Ends Well'

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The Roundhill Memory ETF (BATS:DRAM) has plunged nearly 32% in July as a wave of margin calls strikes over-leveraged memory stock investors.

Wealth manager Charlie Bilello warns that the speculative frenzy leading up to this crash is a familiar story, cautioning that “that almost never ends well for investors.”