What Is a Meme Stock? Workhorse May Be the Newest One.

Barrons2021-06-03

Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway? Workhorse (ticker: WKHS) shares rose almost ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

HuGang3166
2021-06-06
HuGang3166
I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!
Machine23
2021-06-04
Machine23
Please like and comments.Thank u
Jie111
2021-06-04
Jie111
like my comment olss
shaunthehuat
2021-06-04
shaunthehuat
Screw the meme pls like and commebt
- ty91:
  Comment and like
Alihuat
2021-06-04
Alihuat
Almost bought last time...
- ty91:
  Hahaha
- Jie111:
  Like my comment
BerySu
2021-06-04
BerySu
Waiting for the drop
- tigfer1123:
  haha me too

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1104109967?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-03 22:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104109967","market":"us","top_or_hot":-1,"title":"What Is a Meme Stock? Workhorse May Be the Newest One.","media":"Barrons","content":"<div>\n<p>Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway?\nWorkhorse (ticker: WKHS) shares rose almost ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Is a Meme Stock? Workhorse May Be the Newest One.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Is a Meme Stock? Workhorse May Be the Newest One.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway?\nWorkhorse (ticker: WKHS) shares rose almost ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.barrons.com/articles/what-is-a-meme-stock-workhorse-51622728137?mod=hp_LEAD_2_B_2","article_id":"1104109967","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104109967","pubTimestamp":1622731591,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is b","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线","WKHS":"Workhorse Group, Inc.","BB":"黑莓","GME":"游戏驿站","EXPR":"Express, Inc."},"translate_title":"什么是模因股票？Workhorse Group,Inc.可能是最新的一个。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"BB":0.9,"EXPR":0.9,"GME":0.9,"WKHS":0.9},"content_text":"Shares of Workhorse are surging after big gains Wednesday in a sign that the electric-van maker is becoming a meme stock. But what is a meme stock, anyway?\nWorkhorse (ticker: WKHS) shares rose almost 20% Wednesday and were up another 37% in early trading Thursday, briefly breaking $17 a share. The S&P 500 and Dow Jones Industrial Average, for comparison, were down 0.5% and 0.3%, respectively.\nThere isn’t much news to pin the gains on. One of the more recent research reports mentioning the company came in late May from Cowen analyst Jeffery Osborne. A wrapup of his overall coverage, it pointed out that Workhorse had a high short-interest ratio, which compares the number of shares borrowed and sold short by bearish investors betting on price declines with the total available for trading.\nThe ratio for Workhorse was 43% as of Thursday. That’s very high. The average short-interest ratio for stocks in the Russell 2000 small-capitalization index is about 7%.\nA high short-interest ratio usually means something is going wrong at a company. In this case, Workhorse lost its bid to supply the U.S. Post Office with electric delivery vans.\nBut high short interest also raises the possibility of a short squeeze. That is when stock in a heavily shorted company rises, creating losses for short sellers and a rush to buy back borrowed stock all at once, feeding additional price gains.\nHigh short interest is a feature of most meme stocks. But meme stocks are more than short-squeeze candidates. There are a few other features: rising stock options volume and, of course, showing up in social-media posts with a mix of various emojis, jargon such as HODL (a misspelled hold, or short for hold on for dear life,) and price targets that aren’t associated with any Wall Street or fundamental research.\nOptions trading volume can be an important factor in meme stocks. Options cost a fraction of the price of the underlying stock, giving investors a way to magnify their exposure. Of course, if a stock price never reaches the level embedded in a call option, which gives the holder the right to buy a stock at a fixed price, then the owner loses their money. The option contract expires worthless.\nWorkhorse’s call-option volume is up more than 330% over the past five days.\nNow that it is a meme stock, where can Workhorse go? That is tough for investors to predict. Investors and traders do fundamentally different things. Investors are concerned with earnings, cash flow, and business strategy. Traders are concerned with stock-price momentum and technical charts.\nFor now, Workhorse stock is in the hands of traders. Don’t expect fundamentals to matter much.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":115003006,"gmtCreate":1622938337405,"gmtModify":1704193357785,"author":{"id":"3574671095836888","authorId":"3574671095836888","name":"HuGang3166","avatar":"https://static.tigerbbs.com/1eec1ffec53cf574f9f59bc64caabf88","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574671095836888","authorIdStr":"3574671095836888"},"htmlText":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","listText":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","text":"I think workhorse will rebound, as they are really developing something new, and the recent squeeze will push it to rebound faster!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115003006","repostId":1104109967,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116067985,"gmtCreate":1622766641047,"gmtModify":1704190687570,"author":{"id":"3574907279320575","authorId":"3574907279320575","name":"Machine23","avatar":"https://static.tigerbbs.com/4e7c812dbe184947690c36d45b6469be","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3574907279320575","authorIdStr":"3574907279320575"},"htmlText":"Please like and comments.Thank u","listText":"Please like and comments.Thank u","text":"Please like and comments.Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116067985","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118785040,"gmtCreate":1622762470080,"gmtModify":1704190537163,"author":{"id":"3582177967058391","authorId":"3582177967058391","name":"Jie111","avatar":"https://static.tigerbbs.com/3d96b6a1d93c30b6f4c32a5b15b3847d","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582177967058391","authorIdStr":"3582177967058391"},"htmlText":"like my comment olss&nbsp;","listText":"like my comment olss&nbsp;","text":"like my comment olss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118785040","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118790552,"gmtCreate":1622760867276,"gmtModify":1704190487597,"author":{"id":"3554754854784723","authorId":"3554754854784723","name":"shaunthehuat","avatar":"https://static.tigerbbs.com/5f3e83b5c7c3bc39a3c75d16321936b3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3554754854784723","authorIdStr":"3554754854784723"},"htmlText":"Screw the meme pls like and commebt","listText":"Screw the meme pls like and commebt","text":"Screw the meme pls like and commebt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118790552","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4568932,"gmtCreate":1622761107421,"gmtModify":1635338150509,"authorId":3579421475844844,"author":{"id":3579421475844844,"idStr":"3579421475844844","authorId":3579421475844844,"name":"ty91","avatar":"https://static.tigerbbs.com/6d9451c5894d6ca0b4485bad0568f720","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.34%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":118790552,"type":1,"supId":0,"prevId":0,"content":"Comment and <u>like</u>","text":"Comment and <u>like</u>","html":"Comment and <u>like</u>"}],"langContent":"EN"},{"id":118704932,"gmtCreate":1622760705426,"gmtModify":1704190484044,"author":{"id":"3575407991823828","authorId":"3575407991823828","name":"Alihuat","avatar":"https://static.tigerbbs.com/d450d741a6a78a315c768cda177843d8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575407991823828","authorIdStr":"3575407991823828"},"htmlText":"Almost bought last time...&nbsp;","listText":"Almost bought last time...&nbsp;","text":"Almost bought last time...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/118704932","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4568935,"gmtCreate":1622761117663,"gmtModify":1663227906433,"authorId":3579421475844844,"author":{"id":3579421475844844,"idStr":"3579421475844844","authorId":3579421475844844,"name":"ty91","avatar":"https://static.tigerbbs.com/6d9451c5894d6ca0b4485bad0568f720","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.34%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":118704932,"type":1,"supId":0,"prevId":0,"content":"<u>Hahaha</u>","text":"<u>Hahaha</u>","html":"<u>Hahaha</u>"},{"id":4569390,"gmtCreate":1622762486666,"gmtModify":1635338102367,"authorId":3582177967058391,"author":{"id":3582177967058391,"idStr":"3582177967058391","authorId":3582177967058391,"name":"Jie111","avatar":"https://static.tigerbbs.com/3d96b6a1d93c30b6f4c32a5b15b3847d","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":118704932,"type":1,"supId":4568935,"prevId":0,"content":"Like my <u>comment</u>","text":"Like my <u>comment</u>","html":"Like my <u>comment</u>"}],"langContent":"EN"},{"id":118701212,"gmtCreate":1622760403536,"gmtModify":1704190481743,"author":{"id":"3546930995300503","authorId":"3546930995300503","name":"BerySu","avatar":"https://static.tigerbbs.com/3c3802c0d320bab512162287a76a2688","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3546930995300503","authorIdStr":"3546930995300503"},"htmlText":"Waiting for the drop","listText":"Waiting for the drop","text":"Waiting for the drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118701212","repostId":1104109967,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4568794,"gmtCreate":1622760456758,"gmtModify":1663227905433,"authorId":3582004294675394,"author":{"id":3582004294675394,"idStr":"3582004294675394","authorId":3582004294675394,"name":"tigfer1123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":118701212,"type":1,"supId":0,"prevId":0,"content":"haha me <u>too</u>","text":"haha me <u>too</u>","html":"haha me <u>too</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":36,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104109967"}