Another day, another battle

This week we see the explosion of another 2 stocks that indicates success of retail investors against the institutions.

Firstly, the explosion of $Torchlight Energy Resources(TRCH)$ which saw its price jump up to a price of $11.16 from the price of about $6, almost doubling its price in just 2 days. Just yesterday, the trading volume on this stock surged to all time highs as well as its price. The sentiments of retail traders on this stock remains strongly positive as the brokerage Fidelity highlights Torchlight Energy as its most traded stock on its platform. In an interview with Dennis Dick, he mentions that this is movement is mainly driven by social media and unlikely to be hedge funds or mutual funds.

Despite the recent short squeeze, the short interest of the stock remains high at 24.7% (as shown by Ortex). This highlights for us that there is still alot of room to grow and reach even higher prices.

Secondly, we see $ContextLogic Inc.(WISH)$ blowing up once again with many speculating that it will reach a price of $20., while other mentioned a price target of $50-100. WSB has been doubling down on this stock after the recent 50% jump in its price last week. However, many are looking past just the meme status that this stock owns. According to many Redditors, there is underlying value in the company, with expected pricing of stock to be valued at $23. The company is expected to bring in up to $3.2 billion in revenue this year and with its current valuation, the stock is expected to grow spectacularly in the coming years.

All in all, this 2 stocks presents itself with great trading opportunities for the weeks ahead.

And as with any ape stock, hodl to win.

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.

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幸运女神1319
2021-06-23
幸运女神1319
[强]

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Just yesterday, the trading volume on this stock surged to all time highs as well as its price. The sentiments of retail traders on this stock remains strongly positive as the brokerage Fidelity highlights Torchlight Energy as its most traded stock on its platform. In an interview with Dennis Dick, he mentions that this is movement is mainly driven by social media and unlikely to be hedge funds or mutual funds.</p><p>Despite the recent short squeeze, the short interest of the stock remains high at 24.7% (as shown by Ortex). This highlights for us that there is still alot of room to grow and reach even higher prices.</p><p>Secondly, we see <a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>&nbsp;blowing up once again with many speculating that it will reach a price of $20., while other mentioned a price target of $50-100. WSB has been doubling down on this stock after the recent 50% jump in its price last week. However, many are looking past just the meme status that this stock owns. According to many Redditors, there is underlying value in the company, with expected pricing of stock to be valued at $23. 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The sentiments of retail traders on this stock remains strongly positive as the brokerage Fidelity highlights Torchlight Energy as its most traded stock on its platform. In an interview with Dennis Dick, he mentions that this is movement is mainly driven by social media and unlikely to be hedge funds or mutual funds.</p><p>Despite the recent short squeeze, the short interest of the stock remains high at 24.7% (as shown by Ortex). This highlights for us that there is still alot of room to grow and reach even higher prices.</p><p>Secondly, we see <a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>&nbsp;blowing up once again with many speculating that it will reach a price of $20., while other mentioned a price target of $50-100. WSB has been doubling down on this stock after the recent 50% jump in its price last week. However, many are looking past just the meme status that this stock owns. According to many Redditors, there is underlying value in the company, with expected pricing of stock to be valued at $23. The company is expected to bring in up to $3.2 billion in revenue this year and with its current valuation, the stock is expected to grow spectacularly in the coming years.</p><p>All in all, this 2 stocks presents itself with great trading opportunities for the weeks ahead.</p><p>And as with any ape stock, hodl to win.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40f468359f4bdd9a792d050993cfe7f7\" tg-width=\"1284\" tg-height=\"2223\"><span></span></p></body></html>","text":"This week we see the explosion of another 2 stocks that indicates success of retail investors against the institutions. Firstly, the explosion of $Torchlight Energy Resources(TRCH)$ which saw its price jump up to a price of $11.16 from the price of about $6, almost doubling its price in just 2 days. Just yesterday, the trading volume on this stock surged to all time highs as well as its price. The sentiments of retail traders on this stock remains strongly positive as the brokerage Fidelity highlights Torchlight Energy as its most traded stock on its platform. In an interview with Dennis Dick, he mentions that this is movement is mainly driven by social media and unlikely to be hedge funds or mutual funds. Despite the recent short squeeze, the short interest of the stock remains high at 24.7% (as shown by Ortex). This highlights for us that there is still alot of room to grow and reach even higher prices. Secondly, we see $ContextLogic Inc.(WISH)$ blowing up once again with many speculating that it will reach a price of $20., while other mentioned a price target of $50-100. WSB has been doubling down on this stock after the recent 50% jump in its price last week. However, many are looking past just the meme status that this stock owns. According to many Redditors, there is underlying value in the company, with expected pricing of stock to be valued at $23. The company is expected to bring in up to $3.2 billion in revenue this year and with its current valuation, the stock is expected to grow spectacularly in the coming years. All in all, this 2 stocks presents itself with great trading opportunities for the weeks ahead. 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