Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says

Yahoo Finance2021-06-09

There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses. “Somewhere in the...

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

Jw_Jw
2021-06-09
Jw_Jw
That's a good buy
SolidSnake
2021-06-09
SolidSnake
Small stocks are crazy
- JW17:
  ??
- SolidSnake:
  Hugh movements
kenganntay
2021-06-09
kenganntay
Please like
- kenganntay:
  thanks
- Jw_Jw:
  pls like and comment
zzcloud88zz
2021-06-09
zzcloud88zz
Whales
JiaLe
2021-06-09
JiaLe
Like and comment please
Lemb77
2021-06-09
Lemb77
Meme is the way to go?
- JiaLe:
  Comment and i will comment back
- Lemb77:
  Hihi

Leave a comment

222

331

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2142600282?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-09 17:36","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2142600282","market":"us","top_or_hot":-1,"title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","media":"Yahoo Finance","content":"<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.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":"HRI","symbol_name":"Herc Holdings Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","article_id":"2142600282","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","pubTimestamp":1623231406,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"161125":"标普500","513500":"标普500ETF","HRI":"Herc Holdings Inc.","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","GME":"游戏驿站","OEX":"标普100",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","AMC":"AMC院线","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF"},"translate_title":"Datatrek说，迷因股票的狂热正分散投资者对“巨大机会”的注意力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"161125":0.9,"513500":0.9,".SPX":0.9,"AMC":0.9,"ESmain":0.9,"GME":0.9,"HRI":0.9,"IVV":0.9,"OEF":0.9,"OEX":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"SSO":0.9,"UPRO":0.9},"content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":189852324,"gmtCreate":1623252368068,"gmtModify":1704199500172,"author":{"id":"3551593670769209","authorId":"3551593670769209","name":"Jw_Jw","avatar":"https://static.tigerbbs.com/1eb2f56ab15cffc6fe132255cb9206bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3551593670769209","authorIdStr":"3551593670769209"},"htmlText":"That's a good buy","listText":"That's a good buy","text":"That's a good buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189852324","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189858207,"gmtCreate":1623252306009,"gmtModify":1704199495912,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"htmlText":"Small stocks are crazy","listText":"Small stocks are crazy","text":"Small stocks are crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/189858207","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4653136,"gmtCreate":1623252665023,"gmtModify":1663228299730,"authorId":3580352223285231,"author":{"id":3580352223285231,"idStr":"3580352223285231","authorId":3580352223285231,"name":"JW17","avatar":"https://static.tigerbbs.com/e8a314554ed4f68327210615b8e48728","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189858207,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"},{"id":4653057,"gmtCreate":1623252353935,"gmtModify":1663228298546,"authorId":3569277422888666,"author":{"id":3569277422888666,"idStr":"3569277422888666","authorId":3569277422888666,"name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.08","exceedPercentage":"93.93%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189858207,"type":1,"supId":0,"prevId":0,"content":"Hugh movements","text":"Hugh movements","html":"Hugh movements"}],"langContent":"EN"},{"id":189851444,"gmtCreate":1623252264888,"gmtModify":1704199494927,"author":{"id":"3586225911830069","authorId":"3586225911830069","name":"kenganntay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586225911830069","authorIdStr":"3586225911830069"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/189851444","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4831294,"gmtCreate":1623898833852,"gmtModify":1663229122343,"authorId":3586225911830069,"author":{"id":3586225911830069,"idStr":"3586225911830069","authorId":3586225911830069,"name":"kenganntay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189851444,"type":1,"supId":4653084,"prevId":0,"content":"thanks","text":"thanks","html":"thanks"},{"id":4653084,"gmtCreate":1623252445962,"gmtModify":1663228299130,"authorId":3551593670769209,"author":{"id":3551593670769209,"idStr":"3551593670769209","authorId":3551593670769209,"name":"Jw_Jw","avatar":"https://static.tigerbbs.com/1eb2f56ab15cffc6fe132255cb9206bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189851444,"type":1,"supId":0,"prevId":0,"content":"pls like and <u>comment</u>","text":"pls like and <u>comment</u>","html":"pls like and <u>comment</u>"}],"langContent":"EN"},{"id":189859349,"gmtCreate":1623252132181,"gmtModify":1704199491468,"author":{"id":"3560223458534375","authorId":"3560223458534375","name":"zzcloud88zz","avatar":"https://static.tigerbbs.com/c778f20822cc4b80c4c832a0775addbf","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3560223458534375","authorIdStr":"3560223458534375"},"htmlText":"Whales","listText":"Whales","text":"Whales","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189859349","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189828029,"gmtCreate":1623251838861,"gmtModify":1704199482277,"author":{"id":"3577097645660752","authorId":"3577097645660752","name":"JiaLe","avatar":"https://static.tigerbbs.com/24a1ed581cfd6c2dbde8ebd02058830d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577097645660752","authorIdStr":"3577097645660752"},"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189828029","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189820312,"gmtCreate":1623251694736,"gmtModify":1704199478529,"author":{"id":"3585722115143639","authorId":"3585722115143639","name":"Lemb77","avatar":"https://static.tigerbbs.com/7f5d8963029154b3c0fbba5bcc6c8c2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585722115143639","authorIdStr":"3585722115143639"},"htmlText":"Meme is the way to go?","listText":"Meme is the way to go?","text":"Meme is the way to go?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/189820312","repostId":2142600282,"repostType":4,"repost":{"id":"2142600282","kind":"news","pubTimestamp":1623231406,"share":"https://ttm.financial/m/news/2142600282?lang=&edition=fundamental","pubTime":"2021-06-09 17:36","market":"us","language":"en","title":"Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says","url":"https://stock-news.laohu8.com/highlight/detail?id=2142600282","media":"Yahoo Finance","summary":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidde","content":"<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.</p>\n<p>“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”</p>\n<p>While many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.</p>\n<p>Take Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.</p>\n<p><img src=\"https://static.tigerbbs.com/65a250ca4c5310d48d33b9614cd6f6a5\" tg-width=\"678\" tg-height=\"565\" referrerpolicy=\"no-referrer\"></p>\n<p>Hertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.</p>\n<p>The only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.</p>\n<h3><b>'Meme’ stocks and SPACs could have moonshot potential, even if tiny</b></h3>\n<p>On the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”</p>\n<p>According to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&amp;P 500 index.</p>\n<p>But Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&amp;P 500.</p>\n<p>“If you own a diversified US equity portfolio like the S&amp;P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&amp;P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”</p>\n<p><img src=\"https://static.tigerbbs.com/ebd83ac5026e8ce00574edaae7d0a630\" tg-width=\"677\" tg-height=\"568\" referrerpolicy=\"no-referrer\"></p>\n<p>While you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good <a href=\"https://laohu8.com/S/AONE\">one</a>, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.</p>\n<p>This is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.</p>\n<p>“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”</p>\n<p>In other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.</p>\n<p>“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”</p>","source":"yahoofinance","collect":0,"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>Meme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says</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\">\nMeme stock frenzy is distracting investors from 'huge opportunities,' Datatrek says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","GME":"游戏驿站","AMC":"AMC院线","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","HRI":"Herc Holdings Inc."},"source_url":"https://finance.yahoo.com/news/meme-stock-frenzy-is-distracting-investors-from-huge-opportunities-datatrek-says-173646965.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142600282","content_text":"There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses.\n“Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity value intact. The same exact thing happened with U-Haul about 20 years ago, by the way.”\nWhile many of the assets used for speculation may have similar price spikes as viral interest or short interest affect people’s perceptions, most of these things are all pretty different, with different stories and long term possibilities.\nTake Hertz. Last year, the company was bankrupt and shares were on a roller coaster – investors could try to double or triple their money in a day. But if an investor held on and didn’t sell shares out of boredom or when the stock stopped being compelling (Yahoo Finance traffic data showed interest and trading volume fell off in July 2020 they would be in a pretty good situation, returns-wise.\n\nHertz had fallen from a June 2020 peak of over $6 to well under a dollar during the months after interest waned and was delisted from the NYSE in 2020. But in May, it ended up being worth over $6 a share when the company emerged from bankruptcy via auction, rewarding shareholders who stayed.\nThe only thesis there would have been “this name-brand rental car company would get its mojo back when people start renting cars again,” not a huge jump.\n'Meme’ stocks and SPACs could have moonshot potential, even if tiny\nOn the SPAC boom, Colas mused that most will probably fail or at least “dramatically underperform,” but that “somewhere in this barrage of moonshots there will almost certainly be a few huge winners that leverage disruptive technology.”\nAccording to a Reuters investigation, 100 SPACs, most of which began trading last year, gained just 2% from their first-traded prices, dramatically underperforming the S&P 500 index.\nBut Colas has a reminder that there is an easy way to get exposure to any breakaway successes in the SPAC world — by simply getting involved in a broad equity portfolio like the S&P 500.\n“If you own a diversified US equity portfolio like the S&P 500, then SPACs and meme stocks are basically free call options,” Colas wrote. “Somewhere in that basket of oddball ideas could be the next Amazon or Apple, and you absolutely want to see those companies funded. At some point, the 1 percent of SPACs that actually work will end up in the S&P 500, driving future returns. And the 99 percent that fail will have cost you nothing.”\n\nWhile you might not get the jaw-dropping ground-floor gains, a transformative company would have plenty of gains still to give an index after it’s added. Just look at Apple, Amazon, or even Tesla. If the company is a good one, it will do well, and even if you don’t get those ground-floor gains, not having the losers is a huge advantage.\nThis is key because you never know what’s going to happen. For a SPAC with a nebulous business, you can have the moon in your sights. The vaguer things are, the higher you can shoot. But for GameStop, AMC, and Hertz, we’re talking about a game store, a movie theater chain, and a car-rental company — hardly the next Apple. At least, you’d think. But not necessarily.\n“There is always some level of optionality in any business, no matter how prosaic,” Colas told Yahoo Finance. “And that optionality increases in value when there is a ton of cash on the balance sheet because managements have more time to explore the options embedded in the price.”\nIn other words, when these meme stocks have a ton of cash, more than they’ve ever dreamed of, a lot more might be possible, even if it’s a long shot.\n“Now, the options might not be worth much,” Colas added, “but they aren't worth zero until the cash is gone.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4652891,"gmtCreate":1623251853912,"gmtModify":1663228299343,"authorId":3577097645660752,"author":{"id":3577097645660752,"idStr":"3577097645660752","authorId":3577097645660752,"name":"JiaLe","avatar":"https://static.tigerbbs.com/24a1ed581cfd6c2dbde8ebd02058830d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189820312,"type":1,"supId":0,"prevId":0,"content":"Comment and i will comment back","text":"Comment and i will comment back","html":"Comment and i will comment back"},{"id":4652949,"gmtCreate":1623251993969,"gmtModify":1663228296544,"authorId":3585722115143639,"author":{"id":3585722115143639,"idStr":"3585722115143639","authorId":3585722115143639,"name":"Lemb77","avatar":"https://static.tigerbbs.com/7f5d8963029154b3c0fbba5bcc6c8c2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189820312,"type":1,"supId":0,"prevId":0,"content":"Hihi","text":"Hihi","html":"Hihi"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":331,"commentSize":222,"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":"4.29.3","shortVersion":"4.29.3","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/2142600282"}