Forget AMC. Two traders share their own high-risk, high-reward stock bets

cnbc2021-06-07

Meme stocks are coming off a wild week. AMC Entertainment, one of the most actively traded stocks, ended Friday up more than 80% for the week even as thecompany warned investors of the risks. For ...

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Comments

Kaneee
2021-06-08
Kaneee
?
Carbine
2021-06-07
Carbine
Another rollar coster stock
- valueTrader:
  I still prefer AMC
Fanatics
2021-06-07
Fanatics
Please like my comments
- miaomee:
  Like n comment pls
- Felixsxl:
  Like and comment
Fanatics
2021-06-07
Fanatics
Go go
Sandy92
2021-06-07
Sandy92
Icic
TruthfulPep
2021-06-07
TruthfulPep
Okaayyy… I’m still hodl my amc.

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Two traders share their own high-risk, high-reward stock bets","media":"cnbc","content":"<div>\n<p>Meme stocks are coming off a wild week.\nAMC Entertainment, one of the most actively traded stocks, ended Friday up more than 80% for the week even as thecompany warned investors of the risks.\nFor ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/forget-amc-two-traders-share-their-high-risk-high-reward-stock-bets.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Forget AMC. Two traders share their own high-risk, high-reward stock bets</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\">\nForget AMC. Two traders share their own high-risk, high-reward stock bets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 19:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/forget-amc-two-traders-share-their-high-risk-high-reward-stock-bets.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks are coming off a wild week.\nAMC Entertainment, one of the most actively traded stocks, ended Friday up more than 80% for the week even as thecompany warned investors of the risks.\nFor ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/forget-amc-two-traders-share-their-high-risk-high-reward-stock-bets.html\">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":"PLUG","symbol_name":"普拉格能源","start_time":0,"source_url":"https://www.cnbc.com/2021/06/07/forget-amc-two-traders-share-their-high-risk-high-reward-stock-bets.html","article_id":"1129896147","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/07/forget-amc-two-traders-share-their-high-risk-high-reward-stock-bets.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1129896147","pubTimestamp":1623064190,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Meme stocks are coming off a wild week.\nAMC Entertainment, one of the most actively traded stocks, e","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLUG":"普拉格能源","NVDA":"英伟达"},"translate_title":"忘了AMC吧。两个交易员分享他们自己高风险、高回报的股票赌注","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":0.9,"PLUG":0.9},"content_text":"Meme stocks are coming off a wild week.\nAMC Entertainment, one of the most actively traded stocks, ended Friday up more than 80% for the week even as thecompany warned investors of the risks.\nFor those who had gotten in at the lows in January, they’d be up more than 2,000%. But, AMC is still considered highly speculative and there are other high-risk, high-reward stocks that deserve attention, according to two traders.\nSpeaking to CNBC’s “Trading Nation” on Friday, Simpler Trading director of options Danielle Shay highlighted chipmakerNvidiaas one name of interest.\n\"It is at the all-time highs and normally I would never come here and say, 'Hey guys, look at Nvidia, it's at all-time highs, it's a great time to buy it.' But the reason why I like this and I put it in that momentum retail-trader category is because of the stock split coming up,\" Shay said. \"Last year, what we saw with Apple and Tesla both, when their stock splits were announced, we had a massive rally that was largely due to the retail crowd.\"\nNvidia's board in May approved a 4-for-1 stock split, set to go into effect July 20. In the days after Apple's stock split last August, shares surged by as much as 7%.\nNvidia is \"a solid company, great fundamentals. Technicals, it's at the highs, but I'm looking at this to go potentially up to $750, maybe even $800, because if you look at it right now, it has this massive momentum because of the stock split,\" said Shay. \"I'm trading this in the options market with a low-risk, high-reward butterfly targeting that $750 price point in the next two weeks.\"\nA move to $750 implies nearly 7% upside. Shay's higher target, $800, would mean a 14% rally from Friday's close of $703.\nCraig Johnson, chief market technician at Piper Sandler, namedPlug Poweras his high-risk, high-reward pick. The stock closed Friday at $30.58.\n\"This is a stock that, coming off the March lows, has risen almost 3,000%. It's corrected 75% off the highs we had seen just a couple months ago in February, and now technically, we've just reversed the downtrend … and moved above our 50- and 200-day moving averages,\" Johnson said during the same interview.\nHe added that the reason this name fits into his \"high-risk category\" is because the stock group Plug Power belongs to looks to be losing momentum.\n“When I go back and I look at some of our longer-term group work that we do at Piper Sandler, I have noticed that when we’ve seen 26-week momentum spikes in the overall industry group in which Plug Power fits into — we saw it in 2000 we also saw it in 2013 and we just saw it again — usually these stocks have to correct for the better part of 24 to 36 months,” said Johnson.\nHe sees 125% upside for Plug and only roughly 29% downside to get back to its downtrend resistance level.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":117967864,"gmtCreate":1623114009858,"gmtModify":1704196291085,"author":{"id":"3582347633596541","authorId":"3582347633596541","name":"Kaneee","avatar":"https://static.tigerbbs.com/b03d09158cdb73537cce2b70a3e4270f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117967864","repostId":1129896147,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":114827500,"gmtCreate":1623067535400,"gmtModify":1704195345825,"author":{"id":"3581653525185472","authorId":"3581653525185472","name":"Carbine","avatar":"https://static.tigerbbs.com/780420e37c8d56d939d1a3529f0eca1c","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Another rollar coster stock&nbsp;","listText":"Another rollar coster stock&nbsp;","text":"Another rollar coster stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114827500","repostId":1129896147,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4616845,"gmtCreate":1623067754340,"gmtModify":1663228123053,"authorId":3576118384681891,"author":{"id":3576118384681891,"authorId":3576118384681891,"name":"valueTrader","avatar":"https://static.tigerbbs.com/9b20c817213be1647e2dee23f5d62e0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114827500,"type":1,"supId":0,"prevId":0,"content":"I still prefer <u>AMC</u>","text":"I still prefer <u>AMC</u>","html":"I still prefer <u>AMC</u>"}],"langContent":"EN"},{"id":114867304,"gmtCreate":1623066850808,"gmtModify":1704195331012,"author":{"id":"3575013490492928","authorId":"3575013490492928","name":"Fanatics","avatar":"https://static.tigerbbs.com/070e08d0698113575758a8b6aaf8338c","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Please like my comments&nbsp;","listText":"Please like my comments&nbsp;","text":"Please like my comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/114867304","repostId":1129896147,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4618111,"gmtCreate":1623073558762,"gmtModify":1663228131947,"authorId":3569375896365334,"author":{"id":3569375896365334,"authorId":3569375896365334,"name":"miaomee","avatar":"https://static.tigerbbs.com/fd309d5a46384576888494b61b0e5953","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114867304,"type":1,"supId":4617115,"prevId":0,"content":"Like n comment <u>pls</u>","text":"Like n comment <u>pls</u>","html":"Like n comment <u>pls</u>"},{"id":4617115,"gmtCreate":1623069370410,"gmtModify":1663228126032,"authorId":3582851950366557,"author":{"id":3582851950366557,"authorId":3582851950366557,"name":"Felixsxl","avatar":"https://static.tigerbbs.com/6aebdba4c6e86977531b9530f536f1d1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":114867304,"type":1,"supId":0,"prevId":0,"content":"Like and comment","text":"Like and comment","html":"Like and comment"}],"langContent":"EN"},{"id":114864469,"gmtCreate":1623066834251,"gmtModify":1704195330521,"author":{"id":"3575013490492928","authorId":"3575013490492928","name":"Fanatics","avatar":"https://static.tigerbbs.com/070e08d0698113575758a8b6aaf8338c","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Go go","listText":"Go go","text":"Go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114864469","repostId":1129896147,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":114813384,"gmtCreate":1623064710948,"gmtModify":1704195295728,"author":{"id":"3563504647645776","authorId":"3563504647645776","name":"Sandy92","avatar":"https://static.tigerbbs.com/9f86355f6dbed4dfca34d989df1a36e1","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":8,"crmLevelSwitch":0},"htmlText":"Icic","listText":"Icic","text":"Icic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114813384","repostId":1129896147,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":114810594,"gmtCreate":1623064594718,"gmtModify":1704195297844,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okaayyy… I’m still hodl my amc.&nbsp;","listText":"Okaayyy… I’m still hodl my amc.&nbsp;","text":"Okaayyy… I’m still hodl my amc.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114810594","repostId":1129896147,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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