Clubhouse Media is the next Reddit target
The social media group is at the focus of young investors.

Have you lived under a rock in the past two weeks? If not, then you have certainly been inundated with news telling of emerging retail investors who are suddenly becoming an unstoppable force in the stock market. Hedge fund portfolio managers everywhere are reportedly dreading the prospect of competing with or against the legions of retail investors who are now storming the gates of Wall Street, and much of this is due to the concentrated efforts of traders who communicate and communicate on Reddit Coordinate, the decentralized social media platform that has now been pushed into the limelight as ground zero in the GameStop (NYSE: GME) short squeeze rally. While the GameStop phenomenon may be fading, another stock recently made a presence on Reddit after mounting an epic run of catalysts in a unique niche: Clubhouse Media Group Inc. (OTCMKTS: CMGR), a fast-growing influencer based media and marketing company with a global network of professionally managed content houses and a nine-figure following. The company's Reddit home base can now be found at https://www.reddit.com/r/ClubhouseMGR/ and it might be worth a look. CMGR has already shown tremendous momentum and has increased by around 700% in the last three months, and even by 300% in the last two weeks. And it's not difficult to find out why. That momentum appears to come from scaling CMGR's dramatic growth in influencer reach, making it a significant force in the world of influencer-based marketing. It's easy to imagine a story like this - linked at every level to the social media world - resonating with retail investors, especially since the current bull market in retail is clearly set in the social media universe. From that perspective, CMGR's Reddit outlook could be pretty compelling. Background: The Clubhouse Media Group Inc. (OTCMKTS: CMGR) is perhaps the strongest social media influencer currently out there. It's a bit like an influencer talent agency. The influencers under their roof allegedly have a reach of over 100 million followers and generate over a billion impressions per month. This is a big deal when you consider that Clubhouse Media's value proposition is to market products and services to clients or its own portfolio through its influencers who live in one of the many quaint mansions the company controls. According to company records, Clubhouse offers management, production and deal-making services for its handpicked influencers, a management department for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space. Clubhouse's management team is made up of successful entrepreneurs with experience in finance, legal, marketing and digital content creation. The company's reach is already overwhelming, with an estimated 100-140 million followers already attuning to the top influencers on social media. And the media have been reporting on CMGR for the past few months, including the New York Times, The Atlantic, Business Insider, Cosmo, Seventeen and Forbes.
