wallstreetbets
Near century-old American cosmetics giant, Revlon Inc (NYSE:REV) caught a wild ride this week after shares jumped 560% as meme stock-buying retail investors ruined many a short seller’s positions, buying the shares after the company revealed a bankruptcy filing and related financing. REV’s share price has fallen 48% since the beginning of the year, fuelled by investor rotations out of unprofitable companies with the onset of rising interest rates. Q1 2022 hedge fund letters, conferences and more The stock has been discussed by redditors at Wall Street Bets over the last week, with one calling ...
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Motley Fool, a website designed to give investors tips in the stock market, write articles about different stocks and potential growth has seemed to hit a creative dead end. Being unable to cohesively explain the behavior of certain stocks, namely meme stocks such as $GME, $AMC. Q2 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. WallStreetBets Users And Redditors Are The Future Of The MarketTom Gardner, CEO of Motley Fool since 1993 said in a statement given to The Stonk Market. “Whether investors like it or not, WallStreetBets users and Redditors are the...
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GME stock keeps rewarding the WSB crowd Q1 2021 hedge fund letters, conferences and more GameStop (NYSE:GME) is now the poster child of meme stocks. In Reddit’s r/WallStreetBets, sharing memes to add to the humor of buying a stock is the norm. With GME stock, the buying frenzy is more complicated than that. GameStop buyers wanted to cause a short-squeeze against hedge funds. In the nearly five months since the short squeeze sent shares to a $483 high, the short-sellers did not learn their lesson. Short interest is still high. This could lead to the stock climbing steadily higher. Other Stocks ...
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During their recent episode of the VALUE: After Hours Podcast, Taylor, Brewster, and Carlisle discussed GameStop Corp (NYSE:GME) And Wall Street Bets. Here’s an excerpt from the episode: GameStop And Wall Street BetsBill: I’ll talk about Game because that’s what people want to hear about. Tobias: GameStop? Bill: Yeah. Jake: Getting GameStopped. Tobias: That’s the big news at the moment. That’s the thing that’s– Jake: Is that a verb yet? Tobias: Yeah. I think someone suggested it to the Urban Dictionary, GameStopped when your shorts get taken over by WallStreetBets and ramped to the moon or ram...
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WallStreetBets is a subreddit suddenly famous for driving individual investors to crowd into and out of stocks, launching several companies on a rollercoaster ride and setting record levels of market volatility. Here’s how 7 picks from Reddit’s WSB have fared over the last several days. Q4 2020 hedge fund letters, conferences and more Gamestop saw the most action in overall price movement, rocketing up from $147.98 on January 26 to $347.51 the next day.Naked Brand Group witnessed the greatest overall swing in percentage terms, skyrocketing an astonishing +323.08% in only three days.AMC and Nok...
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Is this week, dare I say, the first “normal” week of 2021? Let’s take a look at what has happened in January so far in what is supposed to be a more prosperous year than 2020. Q4 2020 hedge fund letters, conferences and more Bulls On Stock ParadeSix days into 2021, the Capitol saw its first insurrection since 1814. Two weeks later, we inaugurated a new president. A week later, we saw class warfare before our eyes when Redditors from the "WallStreetBets" subreddit took on hedge funds and won. After declining in two of the last four weeks, the indices haven't seen a single down day all week. If ...
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Starvine Capital Corporation commentary for the second half ended December 2020, discussing the thoughts of Mr. Market and revisiting the Shiller PE Ratio. Q4 2020 hedge fund letters, conferences and more OverviewWhat is Mr. Market Thinking Now?Shiller PE Ratio: Looks a Little ScaryDear Starvine Capital Client: At this same point twelve months ago, the markets were riding higher and we were about to be slammed with the pandemic, which we are still dealing with today. For the 2020 calendar year, fully-invested accounts in the Starvine Flagship Strategy increased 4.7% to 4.8%, while Mid-Large Ca...
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Reddit users are targeting more than GameStop, AMC and certain other stocks; they’ve added silver to their campaign. Silver futures jumped by as much as 13% this morning, reaching their highest levels in eight years after Reddit users continued to push into the precious metals market. Q4 2020 hedge fund letters, conferences and more Reddit users sweep the silver marketReddit users started targeting the silver market last week, but the frenzy continued today. Silver equities also rose upon intervention by users of one Reddit forum. Coeur Mining shares surged 20% before the markets opened, while...
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This week, everyone is closely following the GameStop and AMC massive stock rally. Not everyone understands this David and Goliath situation, however. Basically, this is a loosely organized attack by individual retail investors, for the most part, on Wall Street. As a result, we are currently witnessing Occupy Wall Street 2.0. According to the subreddit that is running this rally, r/WallStreetBets, their attack is not yet over. What is next on the horizon is the silver bullion market through the iShares Silver Trust—SLV ETF. Q4 2020 hedge fund letters, conferences and more Review: Why Is GameS...
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