Continue up or down?

2021-06-05

AMC's wild week ends with nearly 85% gain in renewed meme stock craze

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要剁手了
2021-06-05
要剁手了
I’ll become millionair if i know up or down, lol
Tslverde
2021-06-05
Tslverde
Good
- Jo5tarz:
  confirm to the Moon!

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Meme stocks got the name because their explosion in trading volume stems from interest and promotion on social media.\nThe past week’s blistering rally saw the market capitalization of AMC, which was at the brink of bankruptcy not long ago, swell to nearly $24 billion and put its year-to-date gain at 2,160%. The rise in part reflects optimism about the re-opening of public venues like cinemas after pandemic shutdowns, but most analysts say that the scale of the rally is out of line with AMC's fundamentals.\nDespite the big gains, short interest in AMC held relatively steady during the week, with 88.20 million shares shorted by the end of Thursday's session equating to 17.65% of AMC's float, according to the latest available data from S3 Partners.\n\"We have seen AMC short-covering this week, but by no means are we seeing a wholesale short squeeze in this stock at the moment,\" said Ihor Dusaniwsky, managing director of predictive analytics at S3.\nA short squeeze, which occurs when a rising share price forces bearish investors to unwind their bets, helped fuel the big rally in GameStop earlier this year.\nShort interest in AMC stood at around 20% earlier in the week, the firm's data showed. Shorts are now down $3.98 billion in year-to-date mark-to-market losses.\nSome Wall Street banks, including Bank of America Corp, Citigroup Inc and Jefferies Financial Group LLC, have tightened their rules for who can bet against some meme stocks, Bloomberg reported Friday, citing people familiar with the moves.\nTD Ameritrade put in place trading limitations on AMC Entertainment Holdings' shares, the retail brokerage's website showed on Friday.\nSECOND SHARE OFFERING\nMeanwhile, several AMC executives on Friday reported personal stock sales totaling more than 88,0000 shares after the close of trading.\nAMC on Thursday completed its second share offering in three days, taking advantage of a nearly 400% surge in its share price since mid-May.\n\"AMC has made the best of its current 'meme stock' status by selling shares at a premium, and has raised significant capital doing so,\" said Wedbush analyst Alicia Reese, who raised her firm’s price target on AMC to $7.50 from $6.50.\n\"We expect significant volatility in shares of AMC to continue, driven by trading momentum unrelated to AMC's fundamentals,\" Reese said.\nBlackBerry Ltd(BB.TO), a cybersecurity software company whose shares have been caught up in a social media-driven rally, slid 12.5%, leaving it with a 37.9% gain for the week . The company’s shares are up 98.3% year-to-date.\nShares of meme stocks GameStop and Koss Corp(KOSS.O)were down 3.8% and 12.6%, respectively.\nThis week’s rally in AMC and other social media darlings sparked celebration among some WallStreetBets users, while others exhorted one another to hold onto their shares and looked forward to next week.\n“The shorts are playing a dangerous game and soon they will be burnt. They are shaking off panic sellers,” wrote Reddit user KocaKolaKlassic in a thread focused on Blackberry shares. \"Eventually there will be very few and to the moon we go.”","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>AMC's wild week ends with nearly 85% gain in renewed meme stock craze</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\">\nAMC's wild week ends with nearly 85% gain in renewed meme stock craze\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2021-06-05 07:33\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nShares of AMC Entertainment&nbsp;edged lower on Friday, closing out a wild week with a gain of just over 83% as the action reinvigorated the meme stock craze and the investors behind it\n\"AMC has a very strong following of believers,\" said Dennis Dick, proprietary trader at Bright Trading LLC. \"They're trying to hold strong, and they believe they're going to drive this to the moon.\"\nThe movie theater chain’s shares ended the day down 6.7% to $47.91 after trading in both positive and negative territory during the session.\nAMC has been at the center of a fresh wave of buying by retail investors who hyped the stock in forums such as Reddit’s WallStreetBets, breathing new life into a phenomenon that began with January’s more than 1,600% gain in GameStop(GME.N). Meme stocks got the name because their explosion in trading volume stems from interest and promotion on social media.\nThe past week’s blistering rally saw the market capitalization of AMC, which was at the brink of bankruptcy not long ago, swell to nearly $24 billion and put its year-to-date gain at 2,160%. The rise in part reflects optimism about the re-opening of public venues like cinemas after pandemic shutdowns, but most analysts say that the scale of the rally is out of line with AMC's fundamentals.\nDespite the big gains, short interest in AMC held relatively steady during the week, with 88.20 million shares shorted by the end of Thursday's session equating to 17.65% of AMC's float, according to the latest available data from S3 Partners.\n\"We have seen AMC short-covering this week, but by no means are we seeing a wholesale short squeeze in this stock at the moment,\" said Ihor Dusaniwsky, managing director of predictive analytics at S3.\nA short squeeze, which occurs when a rising share price forces bearish investors to unwind their bets, helped fuel the big rally in GameStop earlier this year.\nShort interest in AMC stood at around 20% earlier in the week, the firm's data showed. Shorts are now down $3.98 billion in year-to-date mark-to-market losses.\nSome Wall Street banks, including Bank of America Corp, Citigroup Inc and Jefferies Financial Group LLC, have tightened their rules for who can bet against some meme stocks, Bloomberg reported Friday, citing people familiar with the moves.\nTD Ameritrade put in place trading limitations on AMC Entertainment Holdings' shares, the retail brokerage's website showed on Friday.\nSECOND SHARE OFFERING\nMeanwhile, several AMC executives on Friday reported personal stock sales totaling more than 88,0000 shares after the close of trading.\nAMC on Thursday completed its second share offering in three days, taking advantage of a nearly 400% surge in its share price since mid-May.\n\"AMC has made the best of its current 'meme stock' status by selling shares at a premium, and has raised significant capital doing so,\" said Wedbush analyst Alicia Reese, who raised her firm’s price target on AMC to $7.50 from $6.50.\n\"We expect significant volatility in shares of AMC to continue, driven by trading momentum unrelated to AMC's fundamentals,\" Reese said.\nBlackBerry Ltd(BB.TO), a cybersecurity software company whose shares have been caught up in a social media-driven rally, slid 12.5%, leaving it with a 37.9% gain for the week . The company’s shares are up 98.3% year-to-date.\nShares of meme stocks GameStop and Koss Corp(KOSS.O)were down 3.8% and 12.6%, respectively.\nThis week’s rally in AMC and other social media darlings sparked celebration among some WallStreetBets users, while others exhorted one another to hold onto their shares and looked forward to next week.\n“The shorts are playing a dangerous game and soon they will be burnt. They are shaking off panic sellers,” wrote Reddit user KocaKolaKlassic in a thread focused on Blackberry shares. \"Eventually there will be very few and to the moon we go.”\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169455218","content_text":"Shares of AMC Entertainment edged lower on Friday, closing out a wild week with a gain of just over 83% as the action reinvigorated the meme stock craze and the investors behind it\n\"AMC has a very strong following of believers,\" said Dennis Dick, proprietary trader at Bright Trading LLC. \"They're trying to hold strong, and they believe they're going to drive this to the moon.\"\nThe movie theater chain’s shares ended the day down 6.7% to $47.91 after trading in both positive and negative territory during the session.\nAMC has been at the center of a fresh wave of buying by retail investors who hyped the stock in forums such as Reddit’s WallStreetBets, breathing new life into a phenomenon that began with January’s more than 1,600% gain in GameStop(GME.N). Meme stocks got the name because their explosion in trading volume stems from interest and promotion on social media.\nThe past week’s blistering rally saw the market capitalization of AMC, which was at the brink of bankruptcy not long ago, swell to nearly $24 billion and put its year-to-date gain at 2,160%. The rise in part reflects optimism about the re-opening of public venues like cinemas after pandemic shutdowns, but most analysts say that the scale of the rally is out of line with AMC's fundamentals.\nDespite the big gains, short interest in AMC held relatively steady during the week, with 88.20 million shares shorted by the end of Thursday's session equating to 17.65% of AMC's float, according to the latest available data from S3 Partners.\n\"We have seen AMC short-covering this week, but by no means are we seeing a wholesale short squeeze in this stock at the moment,\" said Ihor Dusaniwsky, managing director of predictive analytics at S3.\nA short squeeze, which occurs when a rising share price forces bearish investors to unwind their bets, helped fuel the big rally in GameStop earlier this year.\nShort interest in AMC stood at around 20% earlier in the week, the firm's data showed. Shorts are now down $3.98 billion in year-to-date mark-to-market losses.\nSome Wall Street banks, including Bank of America Corp, Citigroup Inc and Jefferies Financial Group LLC, have tightened their rules for who can bet against some meme stocks, Bloomberg reported Friday, citing people familiar with the moves.\nTD Ameritrade put in place trading limitations on AMC Entertainment Holdings' shares, the retail brokerage's website showed on Friday.\nSECOND SHARE OFFERING\nMeanwhile, several AMC executives on Friday reported personal stock sales totaling more than 88,0000 shares after the close of trading.\nAMC on Thursday completed its second share offering in three days, taking advantage of a nearly 400% surge in its share price since mid-May.\n\"AMC has made the best of its current 'meme stock' status by selling shares at a premium, and has raised significant capital doing so,\" said Wedbush analyst Alicia Reese, who raised her firm’s price target on AMC to $7.50 from $6.50.\n\"We expect significant volatility in shares of AMC to continue, driven by trading momentum unrelated to AMC's fundamentals,\" Reese said.\nBlackBerry Ltd(BB.TO), a cybersecurity software company whose shares have been caught up in a social media-driven rally, slid 12.5%, leaving it with a 37.9% gain for the week . The company’s shares are up 98.3% year-to-date.\nShares of meme stocks GameStop and Koss Corp(KOSS.O)were down 3.8% and 12.6%, respectively.\nThis week’s rally in AMC and other social media darlings sparked celebration among some WallStreetBets users, while others exhorted one another to hold onto their shares and looked forward to next week.\n“The shorts are playing a dangerous game and soon they will be burnt. They are shaking off panic sellers,” wrote Reddit user KocaKolaKlassic in a thread focused on Blackberry shares. \"Eventually there will be very few and to the moon we go.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4585324,"commentId":"4585324","gmtCreate":1622850846237,"gmtModify":1663227980349,"authorId":3577779385577340,"author":{"id":3577779385577340,"idStr":"3577779385577340","authorId":3577779385577340,"name":"要剁手了","avatar":"https://static.tigerbbs.com/406b7545b22b1d6e524e10a4d52b5bbc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":112331208,"objectIdStr":"112331208","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I’ll become millionair if i know up or down, lol","text":"I’ll become millionair if i know up or down, lol","html":"I’ll become millionair if i know up or down, lol","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4585530,"commentId":"4585530","gmtCreate":1622851525084,"gmtModify":1663227981841,"authorId":3556329315079497,"author":{"id":3556329315079497,"idStr":"3556329315079497","authorId":3556329315079497,"name":"Tslverde","avatar":"https://static.tigerbbs.com/5f52f5991ed363792008cd868f78181c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":112331208,"objectIdStr":"112331208","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Good","text":"Good","html":"Good","likeSize":0,"commentSize":1,"subComments":[{"id":4587421,"commentId":"4587421","gmtCreate":1622857685946,"gmtModify":1663227990949,"authorId":3566111551860327,"author":{"id":3566111551860327,"idStr":"3566111551860327","authorId":3566111551860327,"name":"Jo5tarz","avatar":"https://static.tigerbbs.com/8cdaa131f223c2f17b3669bce62cc05e","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":"2021.12.28","exceedPercentage":"93.42%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":112331208,"objectIdStr":"112331208","type":1,"supId":4585530,"supIdStr":"4585530","prevId":0,"prevIdStr":"0","content":"confirm to the Moon!","text":"confirm to the Moon!","html":"confirm to the Moon!"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/112331208"}