I am so tired of the term "meme stock." It's just a way to make people think of them as a silly game kids are playing as opposed to what they really are - items "they" got caught heavily shorting and are trying to deter people from buying by giving it a silly moniker catch phrase.
They call them meme stocks when retail buys them, meanwhile, every large bank institution, state retirement funds, pension funds, and even insurance companies are hoarding the shares just as much.