Hi Tigers,
Have you tried our Tiger Prediction feature? If not, please check out here! Make bullish/bearish predictions in your post, and if your post gets [IDEA] or [PICK], you will have a chance to win free voucher rewards every week! ๐ฐ
Let's take a look at who the winners were last week (8 Jul-14 Jul) and how much "profit" they made! ๐ฐ๐ฐ๐ฐ
Congratulations to the following Tiger Friends for winning free voucher rewards @Shyon @pekss @koolgal @CYberviRus @Success88 @Tiger V @Star in the Sky @RAJAH88 @investboy @้ๅฟๅฃฏๅฟ! And let's specially congratulate the Tigers who are โStar Contributorsโ For winning additional coins.
Become a Star Contributor now to win more additional rewards >>
(The stock vouchers will be sent to you within 10 days, and you can check and claim the voucher on [Profile] - [Rewards Center].)
Well, let's then have a look at how some of them made their stock predictions at that time!
@koolgal Bullish on RIVN(6 Jun): + 19.93%
Another worthy meme stock to consider is $Rivian Automotive, Inc.(RIVN)$
. It recently made the news on June 25 when Rivian and Volkswagen announced plans to create a joint venture to develop EV software and technologies for their respective automobile businesses. The new entity will be equally owned by both companies. As part of the deal, Volkswagen will take a USD 1 billion equity stake in Rivian. Volkswagen will also invest an additional USD 2 billion in Rivian shares in 2025 and 2026. In addition to that, Volkswagen will put USD 2 billion into the joint venture through a combination of cash payments and loans.
The total investment is worth USD 5 billion coming from Volkswagen. This agreement is definitely a vote of confidence in Rivian's technology and research capacity. Volkswagen now joins $Amazon.com(AMZN)$
and Ford Motors which also have equity stakes in Rivian. Rivian's shares have risen by over 20% since the announcement. However Rivian still faces challenges such as rising competition and high interest rates. Rivian has incurred operating losses of USD 1.48 billion in Q1 24. The money from Volkswagen is a life saver.
Rivian hopes to achieve its first gross profit this year and the new partnership with Volkswagen will give it added impetus to do well this year.
@CYberviRus Bullish on BIDU(7 Jun): +12.15%
$Baidu(BIDU)$
share prices have formed a bullish engulfing candle in last week trading session, indicating sign of strength. Their share price are possible of moving higher.
Feeling excited after seeing these results? Want to know more about these users' opinions? ๐ You can find the [Tiger Prediction] feature by entering the [Discussions] section on any of the available stocks and check it out! We welcome everyone to share their own insights and be the next user on the list!
[Notes]
1. Your content must be ORIGINAL and get [IDEA] or [PICK] in the Tiger Community to be eligible for the rewards. Besides, your post must be strongly related to the stock, and you need to state the reasons why you are bullish/bearish on it. The bullish or bearish reason for each stock must be over 200 characters, and it needs to be clear, detailed, and specific, with more extensive explanations preferred. General or vague reasons, such as "I am bullish on stock XX because the technical indicators are oversold" or "I am bearish on stock XX because its fundamentals are poor," will be considered invalid.
2. The cost price of your (simulated) position will be the stock price when you make a prediction post. The Rate or Return(RoR) will be calculated by your cost price & the week's close price of that stock you make predictions on.
3. For a single stock, you may make predictions multiple times, but only the last one will be counted. Initial prices are based on the time you post, and the prices recorded are the closing prices on Friday.
If you post before trading hours, the price is based on the opening price of that day.
If you post after trading hours, the price is based on the next opening price.
4.You can provide a comprehensive analysis and predict multiple highly correlated stocks to increase your chances of winning.For example, you can write an original analysis on the semiconductor industry and correlate it with the bullish or bearish stance on multiple semiconductor stocks such as AMD, NVDA, SOXX, and so on.
5. You may make predictions on all the stocks available (around 100 tickers), and the highest five RoRs will be counted in the Overall Weekly Prediction ranking. For individual stock rankings, regardless of how many stocks you predict, only the top 5 highest RoRs can make it to the list each week.
6.The distribution time for the vouchers will be sent in 10 days after the release of the list. Please be patient and wait for it.
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