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YellowiPod

YellowiPod

Profile：Financial freedom 不是空笑夢

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2021-06-05

Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.

Sorry, the original content has been removed

2021-06-03

$GameStop(GME)$let’s go

2021-05-28

$GameStop(GME)$Finally got the voting material from Tiger and voted straight away

2021-05-27

$GameStop(GME)$Let’s go!

2021-05-07

$GameStop(GME)$ Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold <Number of Shares> shares of GME and I would like to enclose below my votes for the GME shareholder meeting.Proposal 1Election of directors 1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte & Touche LLP as our independent reg

2021-05-04

$GameStop(GME)$Remember to vote! Email tiger broker for the procedure

2021-04-15

The CEO literally just said they won’t use a single share in 2021. Gosh

Sorry, the original content has been removed

2021-04-15

outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.

Gamestop Is Still Overvalued, But Its Fundamentals Are Improving

2021-04-09

$Palantir Technologies Inc.(PLTR)$ my favorite stock

2021-04-09

$GameStop(GME)$still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.

2021-04-06

$Ebang International Holdings Inc.(EBON)$ what a scam after all, will never buy another chinese stock

2021-04-06

Gg

BRIEF-Hindenburg Research Says Have Taken A Short Position In Shares Of Ebang

2021-03-23

Good riddance of those bad blood.

GameStop loses second senior exec as shakeup deepens

2021-03-22

If there is a new CFO announcement during after hours, we can expect another spike again

GameStop earnings, inflation data: What to know in the week ahead

2021-03-22

How is PLTR a meme stock lol. Not all hyped WSB stocks is meme stocks. SMH

Sorry, the original content has been removed

2021-03-09

Still holding

2021-03-05

Loss 50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math

GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report

2021-02-19

Ya right

Robinhood, Citadel fight conspiracies ahead of GameStop grilling

Go to Tiger App to see more news

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index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","listText":"Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","text":"Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/112651164","repostId":"1160563289","repostType":2,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579045920422452","authorId":"3579045920422452","name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","crmLevel":2,"crmLevelSwitch":1},"content":"That will be Interesting","text":"That will be Interesting","html":"That will be Interesting"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111321690,"gmtCreate":1622653827910,"gmtModify":1704188285196,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>let’s go","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>let’s go","text":"$GameStop(GME)$let’s go","images":[{"img":"https://static.tigerbbs.com/20431344cb0f3cec3e8b891cf9a62089","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111321690","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134397008,"gmtCreate":1622206353704,"gmtModify":1704181446116,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Finally got the voting material from Tiger and voted straight away","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Finally got the voting material from Tiger and voted straight away","text":"$GameStop(GME)$Finally got the voting material from Tiger and voted straight away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/134397008","isVote":1,"tweetType":1,"viewCount":1744,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567421198433969","authorId":"3567421198433969","name":"Mintster","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"How do you get it? I didnt receive anything","text":"How do you get it? I didnt receive anything","html":"How do you get it? I didnt receive anything"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132829795,"gmtCreate":1622080638717,"gmtModify":1704179062122,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Let’s go!","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Let’s go!","text":"$GameStop(GME)$Let’s go!","images":[{"img":"https://static.tigerbbs.com/c6696bc515ed20f95ed0a6c5df506547","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132829795","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104364421,"gmtCreate":1620357042263,"gmtModify":1704342492143,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a> Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold &lt;Number of Shares&gt; shares of GME and I would like to enclose below my votes for the GME&nbsp;shareholder meeting.Proposal 1Election of directors&nbsp;1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte &amp; Touche LLP as our independent reg","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a> Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold &lt;Number of Shares&gt; shares of GME and I would like to enclose below my votes for the GME&nbsp;shareholder meeting.Proposal 1Election of directors&nbsp;1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte &amp; Touche LLP as our independent reg","text":"$GameStop(GME)$ Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold <Number of Shares> shares of GME and I would like to enclose below my votes for the GME shareholder meeting.Proposal 1Election of directors 1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte & Touche LLP as our independent reg","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":22,"repostSize":2,"link":"https://ttm.financial/post/104364421","isVote":1,"tweetType":1,"viewCount":3375,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560736841816623","authorId":"3560736841816623","name":"李育儒","avatar":"https://static.tigerbbs.com/f2c196ab620e62eba6f9dfcbc9464a6d","crmLevel":2,"crmLevelSwitch":1},"content":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead","text":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead","html":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106186813,"gmtCreate":1620093418432,"gmtModify":1704338542421,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Remember to vote! Email tiger broker for the procedure","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Remember to vote! Email tiger broker for the procedure","text":"$GameStop(GME)$Remember to vote! Email tiger broker for the procedure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106186813","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347648739,"gmtCreate":1618494849821,"gmtModify":1704711734364,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The CEO literally just said they won’t use a single share in 2021. Gosh","listText":"The CEO literally just said they won’t use a single share in 2021. Gosh","text":"The CEO literally just said they won’t use a single share in 2021. Gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347648739","repostId":"1169323233","repostType":4,"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347693113,"gmtCreate":1618490934732,"gmtModify":1704711633899,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","listText":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","text":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347693113","repostId":"1168600836","repostType":2,"repost":{"id":"1168600836","pubTimestamp":1618467616,"share":"https://www.laohu8.com/m/news/1168600836?lang=&edition=full","pubTime":"2021-04-15 14:20","market":"us","language":"en","title":"Gamestop Is Still Overvalued, But Its Fundamentals Are Improving","url":"https://stock-news.laohu8.com/highlight/detail?id=1168600836","media":"InvestorPlace","summary":"GME stock's turnaround story continues to gain momentum\nGamestop (NYSE:GME) stock continues to trade","content":"<p>GME stock's turnaround story continues to gain momentum</p>\n<p><b>Gamestop</b>&nbsp;(NYSE:<b><u>GME</u></b>) stock continues to trade above $100. That’s an amazing fact, given that shares were a tenth of that not long ago. In January, when GME stock soared for the first time, it appeared to be a passing fad. However, with Gamestop remaining in triple-digit territory much longer this time, people are waking up to the fact that it’s fundamental outlook has improved.</p>\n<p>Now, let’s be clear: is GME stock actually worth the $159 or so it trades for today? Probably not. However, the company’s board of directors is making all the right moves to eventually justify such a high share price.</p>\n<p>That is to say, while GME stock is hardly a compelling investment right now, it is moving well beyond the initial “meme” stage of its comeback story.</p>\n<p><b>GME Stock: A New CEO and Direction</b></p>\n<p>Earlier this week,&nbsp;<i>Reuters</i>reported that Gamestop is&nbsp;looking for a new CEO&nbsp;to replace George Sherman. Sherman presided over Gamestop during a difficult period for the company, in which its sales and profits decreased substantially. Moreover, Sherman’s expertise in brick-and-mortar retail would carry less weight for a future Gamestop that is more focused on e-commerce.</p>\n<p>Activist investor Ryan Cohen has been pushing for this kind of revitalization. Now he’ll get his way. Given Cohen’s success at&nbsp;<b>Chewy</b>&nbsp;(NYSE:<b><u>CHWY</u></b>), investors are giving him the benefit of the doubt. If Cohen can pull off a similar achievement at Gamestop, the company may very well eventually grow into the $11 billion market capitalization GME stock has today.</p>\n<p>On Monday, a&nbsp;<i>Fox Business</i>&nbsp;reporter also&nbsp;tweeted&nbsp;that Gamestop is making an interesting new hire. According to the reporter, the company is looking to hire in the area of non-fungible tokens (NFTs) and blockchain. It’s unclear what role this might have within the future business. However, video games certainly seem like one of the more logical places to deploy NFTs and digital currencies.</p>\n<p><b>Pros and Cons of the Stock Offering</b></p>\n<p>There’s another development with GME, though: Gamestop’s new CEO will also have a lot more money to work with. Recently, after months of speculation, the company finally announced a new public stock offering. It intends to&nbsp;sell 3.5 million of shares&nbsp;via an at-the-money (ATM) offering which should raise close to half a billion dollars.</p>\n<p>The stock offering comes with clear positives and negatives for GME stock. On the one hand, it pretty much wipes out the short-squeeze thesis. Up until now, in theory, Gamestop stock could rise even more if&nbsp;<b>Reddit</b>&nbsp;accumulated the overwhelming amount of outstanding shares. Since shares were in limited quantity, it was possible to theoretically corner the market.</p>\n<p>Now, though, Gamestop’s management will simply print up more shares as appropriate. Thus, even if the subreddit r/WallStreetBets keeps adding to its aggregate stake in the company, it won’t necessarily be able to force short sellers to cover. The mechanism for an “infinity squeeze” is disarmed now.</p>\n<p>That said, assuming you want Gamestop to survive as an operating business, this is a great move on management’s part. Up until last year, the company was in such financial distress that it was having to sell off its corporate jet, office buildings and other assorted assets to have enough capital to keep its stores stocked with inventory. In all likelihood, Gamestop would have eventually gone bankrupt if not for r/WallStreetBets.</p>\n<p>Now, however, it will be flush with tons of money raised from the offering. This will keep Gamestop in business for years to come. It also gives the company ready capital to invest as it attempts to pivot from its shrinking physical business to some sort of e-commerce platform.</p>\n<p><b>GME Stock Verdict</b></p>\n<p>Last month, I suggested selling Gamestop&nbsp;July $20 naked puts&nbsp;as a clever way to profit from its inflated volatility. Since that article, these puts have dropped from $2 to 65 cents, thus offering a 67% gain on that trade so far.</p>\n<p>The trade is working because the thesis is playing out. GME stock likely isn’t going up any further, at least not in the near term. However, people betting on an imminent crash also badly missed the mark. Gamestop isn’t going to collapse back to $25 or whatever overnight. Rather, shares should continue to gently slide back to some new higher support level, perhaps in the $60 to $80 range.</p>\n<p>Particularly with the new stock offering, Gamestop is a far different investment proposition than it was pre-2021. Now, it will have plenty of cash in its war chest, giving it the ability to play the long game as it transitions its business model. With a new CEO on the way, this stock should find support at a much higher share price than it was at pre-2021.</p>","source":"lsy1606302653667","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>Gamestop Is Still Overvalued, But Its Fundamentals Are Improving</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\">\nGamestop Is Still Overvalued, But Its Fundamentals Are Improving\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 14:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/gme-stock-still-overvalued-but-fundamentals-are-improving/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GME stock's turnaround story continues to gain momentum\nGamestop (NYSE:GME) stock continues to trade above $100. That’s an amazing fact, given that shares were a tenth of that not long ago. In January...</p>\n\n<a href=\"https://investorplace.com/2021/04/gme-stock-still-overvalued-but-fundamentals-are-improving/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/04/gme-stock-still-overvalued-but-fundamentals-are-improving/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168600836","content_text":"GME stock's turnaround story continues to gain momentum\nGamestop (NYSE:GME) stock continues to trade above $100. That’s an amazing fact, given that shares were a tenth of that not long ago. In January, when GME stock soared for the first time, it appeared to be a passing fad. However, with Gamestop remaining in triple-digit territory much longer this time, people are waking up to the fact that it’s fundamental outlook has improved.\nNow, let’s be clear: is GME stock actually worth the $159 or so it trades for today? Probably not. However, the company’s board of directors is making all the right moves to eventually justify such a high share price.\nThat is to say, while GME stock is hardly a compelling investment right now, it is moving well beyond the initial “meme” stage of its comeback story.\nGME Stock: A New CEO and Direction\nEarlier this week, Reutersreported that Gamestop is looking for a new CEO to replace George Sherman. Sherman presided over Gamestop during a difficult period for the company, in which its sales and profits decreased substantially. Moreover, Sherman’s expertise in brick-and-mortar retail would carry less weight for a future Gamestop that is more focused on e-commerce.\nActivist investor Ryan Cohen has been pushing for this kind of revitalization. Now he’ll get his way. Given Cohen’s success at Chewy (NYSE:CHWY), investors are giving him the benefit of the doubt. If Cohen can pull off a similar achievement at Gamestop, the company may very well eventually grow into the $11 billion market capitalization GME stock has today.\nOn Monday, a Fox Business reporter also tweeted that Gamestop is making an interesting new hire. According to the reporter, the company is looking to hire in the area of non-fungible tokens (NFTs) and blockchain. It’s unclear what role this might have within the future business. However, video games certainly seem like one of the more logical places to deploy NFTs and digital currencies.\nPros and Cons of the Stock Offering\nThere’s another development with GME, though: Gamestop’s new CEO will also have a lot more money to work with. Recently, after months of speculation, the company finally announced a new public stock offering. It intends to sell 3.5 million of shares via an at-the-money (ATM) offering which should raise close to half a billion dollars.\nThe stock offering comes with clear positives and negatives for GME stock. On the one hand, it pretty much wipes out the short-squeeze thesis. Up until now, in theory, Gamestop stock could rise even more if Reddit accumulated the overwhelming amount of outstanding shares. Since shares were in limited quantity, it was possible to theoretically corner the market.\nNow, though, Gamestop’s management will simply print up more shares as appropriate. Thus, even if the subreddit r/WallStreetBets keeps adding to its aggregate stake in the company, it won’t necessarily be able to force short sellers to cover. The mechanism for an “infinity squeeze” is disarmed now.\nThat said, assuming you want Gamestop to survive as an operating business, this is a great move on management’s part. Up until last year, the company was in such financial distress that it was having to sell off its corporate jet, office buildings and other assorted assets to have enough capital to keep its stores stocked with inventory. In all likelihood, Gamestop would have eventually gone bankrupt if not for r/WallStreetBets.\nNow, however, it will be flush with tons of money raised from the offering. This will keep Gamestop in business for years to come. It also gives the company ready capital to invest as it attempts to pivot from its shrinking physical business to some sort of e-commerce platform.\nGME Stock Verdict\nLast month, I suggested selling Gamestop July $20 naked puts as a clever way to profit from its inflated volatility. Since that article, these puts have dropped from $2 to 65 cents, thus offering a 67% gain on that trade so far.\nThe trade is working because the thesis is playing out. GME stock likely isn’t going up any further, at least not in the near term. However, people betting on an imminent crash also badly missed the mark. Gamestop isn’t going to collapse back to $25 or whatever overnight. Rather, shares should continue to gently slide back to some new higher support level, perhaps in the $60 to $80 range.\nParticularly with the new stock offering, Gamestop is a far different investment proposition than it was pre-2021. Now, it will have plenty of cash in its war chest, giving it the ability to play the long game as it transitions its business model. With a new CEO on the way, this stock should find support at a much higher share price than it was at pre-2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346033146,"gmtCreate":1617972547285,"gmtModify":1704705480212,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> my favorite stock","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> my favorite stock","text":"$Palantir Technologies Inc.(PLTR)$ my favorite stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346033146","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346008697,"gmtCreate":1617970535519,"gmtModify":1704705455770,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","text":"$GameStop(GME)$still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","images":[{"img":"https://static.tigerbbs.com/a5392162d9d5526eeed5dacfe61d9d32","width":"1125","height":"2436"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":13,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/346008697","isVote":1,"tweetType":1,"viewCount":2173,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576737073327750","authorId":"3576737073327750","name":"乘风破浪的鲤鱼BTC","avatar":"https://static.tigerbbs.com/e7d81edcb4f90a4518ec01d56af95b33","crmLevel":2,"crmLevelSwitch":0},"content":"I lost 15,000","text":"I lost 15,000","html":"I lost 15,000"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":343666789,"gmtCreate":1617714189041,"gmtModify":1704702109075,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a> what a scam after all, will never buy another chinese stock","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a> what a scam after all, will never buy another chinese stock","text":"$Ebang International Holdings Inc.(EBON)$ what a scam after all, will never buy another chinese stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343666789","isVote":1,"tweetType":1,"viewCount":1004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343666252,"gmtCreate":1617714168476,"gmtModify":1704702108590,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343666252","repostId":"2125792065","repostType":2,"repost":{"id":"2125792065","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617713484,"share":"https://www.laohu8.com/m/news/2125792065?lang=&edition=full","pubTime":"2021-04-06 20:51","market":"us","language":"en","title":"BRIEF-Hindenburg Research Says Have Taken A Short Position In Shares Of Ebang","url":"https://stock-news.laohu8.com/highlight/detail?id=2125792065","media":"Reuters","summary":"April 6 (Reuters) -    * HINDENBURG RESEARCH SAYS AFTER EXTENSIVE RESEARCH, HAVE TAKEN A SHORT POSIT","content":"<html><body><p>April 6 (Reuters) - </p><p>   * HINDENBURG RESEARCH SAYS AFTER EXTENSIVE RESEARCH, HAVE TAKEN A SHORT POSITION IN SHARES OF EBANG INTERNATIONAL HOLDINGS INC</p><p>Source text :  Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","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>BRIEF-Hindenburg Research Says Have Taken A Short Position In Shares Of Ebang</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\">\nBRIEF-Hindenburg Research Says Have Taken A Short Position In Shares Of Ebang\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\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-06 20:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>April 6 (Reuters) - </p><p>   * HINDENBURG RESEARCH SAYS AFTER EXTENSIVE RESEARCH, HAVE TAKEN A SHORT POSITION IN SHARES OF EBANG INTERNATIONAL HOLDINGS INC</p><p>Source text :  Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBON":"亿邦国际"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125792065","content_text":"April 6 (Reuters) -    * HINDENBURG RESEARCH SAYS AFTER EXTENSIVE RESEARCH, HAVE TAKEN A SHORT POSITION IN SHARES OF EBANG INTERNATIONAL HOLDINGS INCSource text :  Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353483204,"gmtCreate":1616512770608,"gmtModify":1704795177854,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good riddance of those bad blood.","listText":"Good riddance of those bad blood.","text":"Good riddance of those bad blood.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353483204","repostId":"2121084489","repostType":2,"repost":{"id":"2121084489","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616500753,"share":"https://www.laohu8.com/m/news/2121084489?lang=&edition=full","pubTime":"2021-03-23 19:59","market":"us","language":"en","title":"GameStop loses second senior exec as shakeup deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2121084489","media":"Reuters","summary":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resi","content":"<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>","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>GameStop loses second senior exec as shakeup deepens</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\">\nGameStop loses second senior exec as shakeup deepens\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\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-23 19:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121084489","content_text":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.\nThis is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.\nThe company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.\nHamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359765317,"gmtCreate":1616424699839,"gmtModify":1704793987119,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"If there is a new CFO announcement during after hours, we can expect another spike again","listText":"If there is a new CFO announcement during after hours, we can expect another spike again","text":"If there is a new CFO announcement during after hours, we can expect another spike again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359765317","repostId":"2121144678","repostType":2,"repost":{"id":"2121144678","pubTimestamp":1616380746,"share":"https://www.laohu8.com/m/news/2121144678?lang=&edition=full","pubTime":"2021-03-22 10:39","market":"us","language":"en","title":"GameStop earnings, inflation data: What to know in the week ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2121144678","media":"Yahoo Finance","summary":"undefined\nTraders this week will turn their attention to another set of inflation data, though signs","content":"<p>undefined</p>\n<p>Traders this week will turn their attention to another set of inflation data, though signs of a pronounced rise will likely be elusive for at least another month. A handful of earnings reports are also set for release.</p>\n<p>On Friday, the U.S. Bureau of Economic Analysis will release its report on February personal consumption expenditures (PCE), or the change in value of goods and services purchased by the U.S. consumer. The core measure of PCE, which excludes more volatile food and energy prices, serves as the Federal Reserve's preferred gauge of underlying inflation in the U.S. economy.</p>\n<p>Consensus economists expect to see headline PCE to rise by just 0.3% month-over-month to match January's tepid rate. Core PCE likely rose by an even smaller margin, or by 0.1% following a 0.3% January rise, according to consensus. And over last year, core PCE is expected to have risen by only 1.5%, holding well below the Federal Reserve's 2% target as it has for years.</p>\n<p>But with the post-pandemic economic recovery under way — and not to mention trillions more pumped into the economy via the latest coronavirus relief package — many investors have been nervously looking for signs of rapid inflation. This, some fear, might prompt a tightening of financial conditions by the Federal Reserve and an increase in borrowing costs for companies and consumers. Signs of core PCE inflation are likely to start pushing decidedly higher this spring, since the year-over-year data will lap the depressed levels from the same period in 2020 when the start of the coronavirus pandemic weighed pronouncedly on economic activity.</p>\n<p>Given these base effects, the Federal Reserve has maintained that inflation this year will be \"transitory,\" and will attenuate in the coming years. Still, the Fed earlier this month upgraded its outlook for core PCE inflation to 2.2% this year, from the 1.8% rise it saw in its December projection. The Fed has targeted 2.0% core PCE inflation, but has suggested it would tolerate above-target inflation for some time to compensate for years of undershooting in inflationary pressures.</p>\n<p>\"Lift-off will not occur until the Fed becomes convinced this year’s temporary increase in inflation has been followed up by a more persistent inflation push modestly above its 2% target. This implies actual inflation will need to push beyond 2% for an extended period before the Fed will consider hiking short rates,\" Steven Ricchiuto, U.S. chief economist for Mizuho Securites USA, said in a note on Friday. \"Given the Fed’s recent forecast calls for its key inflation measure, the personal consumption expenditures deflator, to average only 2.0%-2.2% in 2023, lift-off is likely to occur later than is generally expected.\"</p>\n<p>Still, markets have suggested they will need to see more proof. The benchmark 10-year Treasury yield broke to a more than <a href=\"https://laohu8.com/S/AONE\">one</a>-year high of 1.75% last week, climbing by nearly 50 basis points from levels <a href=\"https://laohu8.com/S/AONE.U\">one</a> month ago, in anticipation both of a strong economic recovery and of firming inflation.</p>\n<p>\"The Fed tends to think as an economist, and economists look through changes over time. Markets tend to live more in the moment,\" Mohamed El-Erian, Allianz chief economic advisor, told Yahoo Finance on Thursday.</p>\n<p>\"If inflation is going up, the marketplace is saying, I'm not so sure it's transitory. Prove to me it's transitory. And that's the difficulty the Fed has,\" he added. \"We are seeing supply bottlenecks multiply. And for me, I do think inflation will go up. I do think it's not going to be a permanent inflationary process. But the market is not going to look through that as easily as the Fed would like it to.\"</p>\n<h2>GameStop earnings</h2>\n<h2></h2>\n<p>While the fourth-quarter corporate earnings season has slowed down, a small number of notable companies are still set to report results this week.</p>\n<p>GameStop (GME), the poster child for the latest surge in retail investor interest in the stock market, is set to report fourth-quarter results Tuesday afternoon.</p>\n<p>However, in the eyes of many Wall Street analysts, GameStop shares have not been trading according to fundamentals like earnings results this year. Instead, shares have been pushed astronomically higher by a frenzy of speculative interest among traders, many of whom have convened on forums like Reddit to discuss the potential for the stock.</p>\n<p>The stock was identified as a target for a short squeeze in January due to its elevated short interest, prompting a flood of purchases to force shorts to cover their bets and push the stock still-higher. The stock peaked at $483 intraday on January 28, after closing the final trading day of 2020 at just $18.84. Shares have since come back down to $202.44 apiece, holding onto a year-to-date gain of 970%.</p>\n<p>With a market capitalization hovering around $14 billion as of Friday, it has quickly vaulted to become one of the biggest companies in the small-cap Russell 2000 index (^RUT). The volatile trading prompted two hearings from the House Financial Services Committee, as well as increased scrutiny into the trading platform Robinhood, which temporarily restricted trading in GameStop and some other stocks in January as a result of the unprecedented volatility.</p>\n<p>But while speculative interest has been cited as the primary driver of GameStop's stock moves over the past three months, news from the company itself has also catalyzed changes in the stock price. GameStop announced in early February that it had brought on Matt Francis, a former engineering leader from Amazon Web Services, as its first-ever chief technology officer. Later that month, the company announced its Chief Financial Officer Jim Bell would be resigning — news that was taken as a positive by investors on social media, and catalyzing a more than doubling in the stock at the time.</p>\n<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/1460f360-78f9-11eb-bbfc-9b77b0679a2a\" tg-width=\"3500\" tg-height=\"2333\" referrerpolicy=\"no-referrer\">A man talks by his phone in front of GameStop at 6th Avenue on February 25, 2021 in New York. (Photo by John Smith/VIEWpress via Getty Images)VIEW press via Getty Images</p>\n<p>Some investors have purported that GameStop was a long-term investment and recovery play after a weak 2020, when the coronavirus pandemic decimated business for it and other brick-and-mortar retailers. Keith Gill — the user known as \"Roaring Kitty\" on some social media platforms, and whose posts and comments have been viewed as a galvanizing force behind the GameStop rally — told the House Financial Services Committee in February that he believed the company had \"a unique opportunity to pivot toward a technology-driven business,\" and that \"by embracing the digital economy, GameStop may be able to find new revenue streams that vastly exceed the value of its business.\"</p>\n<p>Most Wall Street analysts, however, are not convinced. The stock had zero Buy, 4 Hold and 3 Sell ratings as of Friday, according to Bloomberg data. Some firms, including Loop Capital Markets, suspended coverage of the stock in the wake of the January rally, citing a massive disconnect between the stock's fundamentals and valuation.</p>\n<p>Consensus analysts expect GameStop to report revenue of $2.21 billion for the three months ending in January. That would mark a rise of 1% over the same period last year, and end an eight-quarter streak of declining revenues. Adjusted earnings likely totaled $1.43 per share, according to consensus estimates. Net income likely totaled $106.9 million in the fourth quarter, though the company is expected to still post its third consecutive full-year net loss at $188.7 million.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Chicago Fed National Activity Index, February (0.72 expected, 0.66 in January); Existing home sales, February (-2.8% expected, 0.6% in January)</p></li>\n <li><p><b>Tuesday:</b> Current account balance, 4Q (-$188.5 billion expected, -$178.5 billion in 3Q); New home sales, February (-4.6% expected, 4.3% in January); Richmond Fed Manufacturing Index, March (18 expected, 14 in February)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended March 19 (-2.2% during prior week); Durable goods orders, February preliminary (0.9% expected, 3.4% in January); Durable goods orders excluding transportation, February preliminary (0.6% expected, 1.3% in January); Non-defense capital goods orders excluding aircraft, February preliminary (0.7% expected, 0.4% in January); Non-defense capital goods shipments excluding aircraft, February preliminary (1.8% in January); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, March preliminary (59.5 expected, 58.6 in February); Markit U.S. Services PMI, March preliminary (60.0 expected, 59.8 in February); Markit U.S. composite PMI, March preliminary (59.5 in February)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended March 20 (728,000 expected, 770,000 during prior week); Continuing jobless claims, week ended March 13 (4.124 million during prior week); GDP annualized quarter-over-quarter, 4Q third print (4.1% expected, 4.1% in prior print); Personal consumption, 4Q third print (2.4% expected, 2.4% in prior print); Core PCE quarter-over-quarter, 4Q third print (1.4% expected, 1.4% in prior print); Kansas City Fed Manufacturing Activity, March (25 expected, 24 in prior print)</p></li>\n <li><p><b>Friday:</b> Advance goods trade balance, February (-$85.5 billion expected, $83.7 billion in January); Wholesale inventories, month-over-month, February preliminary (1.3% in January); Personal income, February (-7.0% expected, 10.0% in January); Personal spending, February (-0.8% expected, 2.4% in January); Personal consumption expenditures (PCE) deflator, month-over-month, February (0.3% expected, 0.3% in January); PCE deflator, year-over-year, February (1.5% expected, 1.5% in January); PCE core deflator, month-over-month, February (0.1% expected, 0.3% in January); PCE core deflator, year-over-year, February (1.5% expected, 1.5% in January); University of Michigan sentiment, March final (83.5 expected, 83.0 in prior print)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>N/A</p></li>\n <li><p><b>Tuesday: </b>GameStop (GME), <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> (DBE) after market close</p></li>\n <li><p><b>Wednesday:</b> General Mills (GIS) before market open; <a href=\"https://laohu8.com/S/RH\">Restoration Hardware Holdings</a> (RH) after market close</p></li>\n <li><p><b>Thursday: </b>Darden Restaurants (DRI) before market open</p></li>\n <li><p><b>Friday: </b>N/A</p></li>\n</ul>","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>GameStop earnings, inflation data: What to know in the week ahead</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; 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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\">\nGameStop earnings, inflation data: What to know in the week ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/game-stop-earnings-inflation-data-what-to-know-in-the-week-ahead-154959679.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>undefined\nTraders this week will turn their attention to another set of inflation data, though signs of a pronounced rise will likely be elusive for at least another month. A handful of earnings ...</p>\n\n<a href=\"https://finance.yahoo.com/news/game-stop-earnings-inflation-data-what-to-know-in-the-week-ahead-154959679.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5b7e153a0a52eef9d088bd7ce4ebf071","relate_stocks":{"ZM":"Zoom","SPY.AU":"SPDR® S&P 500® ETF Trust","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/game-stop-earnings-inflation-data-what-to-know-in-the-week-ahead-154959679.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2121144678","content_text":"undefined\nTraders this week will turn their attention to another set of inflation data, though signs of a pronounced rise will likely be elusive for at least another month. A handful of earnings reports are also set for release.\nOn Friday, the U.S. Bureau of Economic Analysis will release its report on February personal consumption expenditures (PCE), or the change in value of goods and services purchased by the U.S. consumer. The core measure of PCE, which excludes more volatile food and energy prices, serves as the Federal Reserve's preferred gauge of underlying inflation in the U.S. economy.\nConsensus economists expect to see headline PCE to rise by just 0.3% month-over-month to match January's tepid rate. Core PCE likely rose by an even smaller margin, or by 0.1% following a 0.3% January rise, according to consensus. And over last year, core PCE is expected to have risen by only 1.5%, holding well below the Federal Reserve's 2% target as it has for years.\nBut with the post-pandemic economic recovery under way — and not to mention trillions more pumped into the economy via the latest coronavirus relief package — many investors have been nervously looking for signs of rapid inflation. This, some fear, might prompt a tightening of financial conditions by the Federal Reserve and an increase in borrowing costs for companies and consumers. Signs of core PCE inflation are likely to start pushing decidedly higher this spring, since the year-over-year data will lap the depressed levels from the same period in 2020 when the start of the coronavirus pandemic weighed pronouncedly on economic activity.\nGiven these base effects, the Federal Reserve has maintained that inflation this year will be \"transitory,\" and will attenuate in the coming years. Still, the Fed earlier this month upgraded its outlook for core PCE inflation to 2.2% this year, from the 1.8% rise it saw in its December projection. The Fed has targeted 2.0% core PCE inflation, but has suggested it would tolerate above-target inflation for some time to compensate for years of undershooting in inflationary pressures.\n\"Lift-off will not occur until the Fed becomes convinced this year’s temporary increase in inflation has been followed up by a more persistent inflation push modestly above its 2% target. This implies actual inflation will need to push beyond 2% for an extended period before the Fed will consider hiking short rates,\" Steven Ricchiuto, U.S. chief economist for Mizuho Securites USA, said in a note on Friday. \"Given the Fed’s recent forecast calls for its key inflation measure, the personal consumption expenditures deflator, to average only 2.0%-2.2% in 2023, lift-off is likely to occur later than is generally expected.\"\nStill, markets have suggested they will need to see more proof. The benchmark 10-year Treasury yield broke to a more than one-year high of 1.75% last week, climbing by nearly 50 basis points from levels one month ago, in anticipation both of a strong economic recovery and of firming inflation.\n\"The Fed tends to think as an economist, and economists look through changes over time. Markets tend to live more in the moment,\" Mohamed El-Erian, Allianz chief economic advisor, told Yahoo Finance on Thursday.\n\"If inflation is going up, the marketplace is saying, I'm not so sure it's transitory. Prove to me it's transitory. And that's the difficulty the Fed has,\" he added. \"We are seeing supply bottlenecks multiply. And for me, I do think inflation will go up. I do think it's not going to be a permanent inflationary process. But the market is not going to look through that as easily as the Fed would like it to.\"\nGameStop earnings\n\nWhile the fourth-quarter corporate earnings season has slowed down, a small number of notable companies are still set to report results this week.\nGameStop (GME), the poster child for the latest surge in retail investor interest in the stock market, is set to report fourth-quarter results Tuesday afternoon.\nHowever, in the eyes of many Wall Street analysts, GameStop shares have not been trading according to fundamentals like earnings results this year. Instead, shares have been pushed astronomically higher by a frenzy of speculative interest among traders, many of whom have convened on forums like Reddit to discuss the potential for the stock.\nThe stock was identified as a target for a short squeeze in January due to its elevated short interest, prompting a flood of purchases to force shorts to cover their bets and push the stock still-higher. The stock peaked at $483 intraday on January 28, after closing the final trading day of 2020 at just $18.84. Shares have since come back down to $202.44 apiece, holding onto a year-to-date gain of 970%.\nWith a market capitalization hovering around $14 billion as of Friday, it has quickly vaulted to become one of the biggest companies in the small-cap Russell 2000 index (^RUT). The volatile trading prompted two hearings from the House Financial Services Committee, as well as increased scrutiny into the trading platform Robinhood, which temporarily restricted trading in GameStop and some other stocks in January as a result of the unprecedented volatility.\nBut while speculative interest has been cited as the primary driver of GameStop's stock moves over the past three months, news from the company itself has also catalyzed changes in the stock price. GameStop announced in early February that it had brought on Matt Francis, a former engineering leader from Amazon Web Services, as its first-ever chief technology officer. Later that month, the company announced its Chief Financial Officer Jim Bell would be resigning — news that was taken as a positive by investors on social media, and catalyzing a more than doubling in the stock at the time.\nA man talks by his phone in front of GameStop at 6th Avenue on February 25, 2021 in New York. (Photo by John Smith/VIEWpress via Getty Images)VIEW press via Getty Images\nSome investors have purported that GameStop was a long-term investment and recovery play after a weak 2020, when the coronavirus pandemic decimated business for it and other brick-and-mortar retailers. Keith Gill — the user known as \"Roaring Kitty\" on some social media platforms, and whose posts and comments have been viewed as a galvanizing force behind the GameStop rally — told the House Financial Services Committee in February that he believed the company had \"a unique opportunity to pivot toward a technology-driven business,\" and that \"by embracing the digital economy, GameStop may be able to find new revenue streams that vastly exceed the value of its business.\"\nMost Wall Street analysts, however, are not convinced. The stock had zero Buy, 4 Hold and 3 Sell ratings as of Friday, according to Bloomberg data. Some firms, including Loop Capital Markets, suspended coverage of the stock in the wake of the January rally, citing a massive disconnect between the stock's fundamentals and valuation.\nConsensus analysts expect GameStop to report revenue of $2.21 billion for the three months ending in January. That would mark a rise of 1% over the same period last year, and end an eight-quarter streak of declining revenues. Adjusted earnings likely totaled $1.43 per share, according to consensus estimates. Net income likely totaled $106.9 million in the fourth quarter, though the company is expected to still post its third consecutive full-year net loss at $188.7 million.\nEconomic calendar\n\nMonday: Chicago Fed National Activity Index, February (0.72 expected, 0.66 in January); Existing home sales, February (-2.8% expected, 0.6% in January)\nTuesday: Current account balance, 4Q (-$188.5 billion expected, -$178.5 billion in 3Q); New home sales, February (-4.6% expected, 4.3% in January); Richmond Fed Manufacturing Index, March (18 expected, 14 in February)\nWednesday: MBA Mortgage Applications, week ended March 19 (-2.2% during prior week); Durable goods orders, February preliminary (0.9% expected, 3.4% in January); Durable goods orders excluding transportation, February preliminary (0.6% expected, 1.3% in January); Non-defense capital goods orders excluding aircraft, February preliminary (0.7% expected, 0.4% in January); Non-defense capital goods shipments excluding aircraft, February preliminary (1.8% in January); Markit U.S. Manufacturing PMI, March preliminary (59.5 expected, 58.6 in February); Markit U.S. Services PMI, March preliminary (60.0 expected, 59.8 in February); Markit U.S. composite PMI, March preliminary (59.5 in February)\nThursday: Initial jobless claims, week ended March 20 (728,000 expected, 770,000 during prior week); Continuing jobless claims, week ended March 13 (4.124 million during prior week); GDP annualized quarter-over-quarter, 4Q third print (4.1% expected, 4.1% in prior print); Personal consumption, 4Q third print (2.4% expected, 2.4% in prior print); Core PCE quarter-over-quarter, 4Q third print (1.4% expected, 1.4% in prior print); Kansas City Fed Manufacturing Activity, March (25 expected, 24 in prior print)\nFriday: Advance goods trade balance, February (-$85.5 billion expected, $83.7 billion in January); Wholesale inventories, month-over-month, February preliminary (1.3% in January); Personal income, February (-7.0% expected, 10.0% in January); Personal spending, February (-0.8% expected, 2.4% in January); Personal consumption expenditures (PCE) deflator, month-over-month, February (0.3% expected, 0.3% in January); PCE deflator, year-over-year, February (1.5% expected, 1.5% in January); PCE core deflator, month-over-month, February (0.1% expected, 0.3% in January); PCE core deflator, year-over-year, February (1.5% expected, 1.5% in January); University of Michigan sentiment, March final (83.5 expected, 83.0 in prior print)\n\nEarnings calendar\n\nMonday: N/A\nTuesday: GameStop (GME), Adobe (DBE) after market close\nWednesday: General Mills (GIS) before market open; Restoration Hardware Holdings (RH) after market close\nThursday: Darden Restaurants (DRI) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359174536,"gmtCreate":1616378285325,"gmtModify":1704793224178,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"How is PLTR a meme stock lol. Not all hyped WSB stocks is meme stocks. SMH","listText":"How is PLTR a meme stock lol. Not all hyped WSB stocks is meme stocks. SMH","text":"How is PLTR a meme stock lol. Not all hyped WSB stocks is meme stocks. SMH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359174536","repostId":"2120118892","repostType":2,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329262677,"gmtCreate":1615252095599,"gmtModify":1704780111828,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Still holding","listText":"Still holding","text":"Still holding","images":[{"img":"https://static.tigerbbs.com/46f91b699166959ec296b35f9a33af68","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329262677","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":364782438,"gmtCreate":1614874544324,"gmtModify":1704776482382,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Loss&nbsp;50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","listText":"Loss&nbsp;50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","text":"Loss 50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364782438","repostId":"2116520709","repostType":2,"repost":{"id":"2116520709","pubTimestamp":1614841664,"share":"https://www.laohu8.com/m/news/2116520709?lang=&edition=full","pubTime":"2021-03-04 15:07","market":"us","language":"en","title":"GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2116520709","media":"Benzinga","summary":"Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being bruta","content":"<p><img src=\"https://static.tigerbbs.com/560db9ff916af9bb030d6c5311394fe9\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by&nbsp;a retail investor-led short squeeze&nbsp;a month earlier, CNBC reported Wednesday.</p>\n<p><b>What Happened: </b>Melvin fell as much as 53% in January in a short squeeze fueled by users of&nbsp;Reddit forum r/WallStreetBets, which sent the shares of <b>GameStop Corp</b> (NYSE: GME), <b>AMC Entertainment Holdings Inc</b> (NYSE: AMC), <b>BlackBerry Ltd</b> (NYSE: BB), and others soaring.</p>\n<p>The fund returned 27.1% in February recouping some of the earlier losses, according to CNBC.</p>\n<p><b>Why It Matters:</b> Hedge funds Citadel and Point72 infused .75 billion in Melvin in late January. The investment was in Melvin’s fund and non-controlling revenue shares, as per the Wall Street Journal.</p>\n<p>Melvin subsequently covered its short position in GameStop in January after confirming it had taken a huge hit as did Citron Research.</p>\n<p><i>See Also: Citron Research No&nbsp;Longer Publishing Short Reports, Switches Focus To Multibaggers</i></p>\n<p>In a statement ahead of the House hearing called to look into the GameStop saga, Plotkin denied that Melvin was bailed out by Citadel.</p>\n<p>“To be sure, Melvin was managing through a difficult time, but we always had margin excess and we were not seeking a cash infusion,” wrote Plotkin.</p>\n<p><b>Price Action: </b>GameStop shares closed nearly 5.08% at $124.18 on Wednesday and gained 0.66% in the after-hours session.</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>GameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report</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\">\nGameStop Short-Selling Fame's Melvin Posts 20% Returns For February: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday.\nWhat Happened...</p>\n\n<a href=\"https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/900cdeba3b1b8442fc05599cb0934aaa","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/gamestop-short-selling-fames-melvin-022044820.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2116520709","content_text":"Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday.\nWhat Happened: Melvin fell as much as 53% in January in a short squeeze fueled by users of Reddit forum r/WallStreetBets, which sent the shares of GameStop Corp (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), BlackBerry Ltd (NYSE: BB), and others soaring.\nThe fund returned 27.1% in February recouping some of the earlier losses, according to CNBC.\nWhy It Matters: Hedge funds Citadel and Point72 infused .75 billion in Melvin in late January. The investment was in Melvin’s fund and non-controlling revenue shares, as per the Wall Street Journal.\nMelvin subsequently covered its short position in GameStop in January after confirming it had taken a huge hit as did Citron Research.\nSee Also: Citron Research No Longer Publishing Short Reports, Switches Focus To Multibaggers\nIn a statement ahead of the House hearing called to look into the GameStop saga, Plotkin denied that Melvin was bailed out by Citadel.\n“To be sure, Melvin was managing through a difficult time, but we always had margin excess and we were not seeking a cash infusion,” wrote Plotkin.\nPrice Action: GameStop shares closed nearly 5.08% at $124.18 on Wednesday and gained 0.66% in the after-hours session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387919231,"gmtCreate":1613708135723,"gmtModify":1704883918203,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ya right","listText":"Ya right","text":"Ya right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387919231","repostId":"1185112339","repostType":4,"repost":{"id":"1185112339","pubTimestamp":1613703936,"share":"https://www.laohu8.com/m/news/1185112339?lang=&edition=full","pubTime":"2021-02-19 11:05","market":"us","language":"en","title":"Robinhood, Citadel fight conspiracies ahead of GameStop grilling","url":"https://stock-news.laohu8.com/highlight/detail?id=1185112339","media":"Bloomberg","summary":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted market","content":"<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.</p>\n<p>Robinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".</p>\n<p>Robinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.</p>\n<p>Ken Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.</p>\n<p>\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.</p>\n<p>Digging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.</p>\n<p>Citadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.</p>\n<p>Thursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.</p>\n<p>Chairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.</p>\n<p>Gabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.</p>\n<p>\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"</p>\n<p>'DIFFICULT TIME'</p>\n<p>Mr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.</p>\n<p>Even though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.</p>\n<p>Melvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.</p>\n<p>Keith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.</p>\n<p>Mr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.</p>\n<p>\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"</p>\n<p>Jennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.</p>\n<p>In his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.</p>\n<p>Because the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.</p>\n<p>Around 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.</p>\n<p>To help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.</p>\n<p>Mr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.</p>","source":"lsy1584095487587","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>Robinhood, Citadel fight conspiracies ahead of GameStop grilling</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\">\nRobinhood, Citadel fight conspiracies ahead of GameStop grilling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185112339","content_text":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.\nRobinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".\nRobinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.\nKen Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.\n\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.\nDigging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.\nCitadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.\nThursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.\nChairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.\nGabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.\n\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"\n'DIFFICULT TIME'\nMr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.\nEven though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.\nMelvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.\nKeith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.\nMr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.\n\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"\nJennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.\nIn his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.\nBecause the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.\nAround 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.\nTo help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.\nMr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":104364421,"gmtCreate":1620357042263,"gmtModify":1704342492143,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a> Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold &lt;Number of Shares&gt; shares of GME and I would like to enclose below my votes for the GME&nbsp;shareholder meeting.Proposal 1Election of directors&nbsp;1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte &amp; Touche LLP as our independent reg","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a> Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold &lt;Number of Shares&gt; shares of GME and I would like to enclose below my votes for the GME&nbsp;shareholder meeting.Proposal 1Election of directors&nbsp;1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte &amp; Touche LLP as our independent reg","text":"$GameStop(GME)$ Just got a call with TigerBrokers and the customer service advise me to email to operations@tigerbrokers.com.sg using the email address I registered with TigerBrokers to cast my votes. Here is the email template i used.Hi,I hold <Number of Shares> shares of GME and I would like to enclose below my votes for the GME shareholder meeting.Proposal 1Election of directors 1.01 George E. Sherman (FOR)1.02 Alain Attal (FOR)1.03 Lawrence Cheng (FOR)1.04 Ryan Cohen (FOR)1.05 James Grube (FOR)1.06 Yang Xu (FOR)Proposal 2Provide an advisory, non-binding vote on the compensation of our named executive officers. (FOR)Proposal 3Ratify our audit committee's appointment of Deloitte & Touche LLP as our independent reg","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":22,"repostSize":2,"link":"https://ttm.financial/post/104364421","isVote":1,"tweetType":1,"viewCount":3375,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560736841816623","authorId":"3560736841816623","name":"李育儒","avatar":"https://static.tigerbbs.com/f2c196ab620e62eba6f9dfcbc9464a6d","crmLevel":2,"crmLevelSwitch":1},"content":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead","text":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead","html":"At first I did this, but I think it is safer to just get the control number and vote in GameStop portal instead"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346008697,"gmtCreate":1617970535519,"gmtModify":1704705455770,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","text":"$GameStop(GME)$still holding, since feb. Been through 500, 40, 300 now 170. This company is undervalued for an e-commerce company.","images":[{"img":"https://static.tigerbbs.com/a5392162d9d5526eeed5dacfe61d9d32","width":"1125","height":"2436"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":13,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/346008697","isVote":1,"tweetType":1,"viewCount":2173,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576737073327750","authorId":"3576737073327750","name":"乘风破浪的鲤鱼BTC","avatar":"https://static.tigerbbs.com/e7d81edcb4f90a4518ec01d56af95b33","crmLevel":2,"crmLevelSwitch":0},"content":"I lost 15,000","text":"I lost 15,000","html":"I lost 15,000"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134397008,"gmtCreate":1622206353704,"gmtModify":1704181446116,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Finally got the voting material from Tiger and voted straight away","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Finally got the voting material from Tiger and voted straight away","text":"$GameStop(GME)$Finally got the voting material from Tiger and voted straight away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/134397008","isVote":1,"tweetType":1,"viewCount":1744,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567421198433969","authorId":"3567421198433969","name":"Mintster","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"How do you get it? I didnt receive anything","text":"How do you get it? I didnt receive anything","html":"How do you get it? I didnt receive anything"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112651164,"gmtCreate":1622867954158,"gmtModify":1704192770022,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","listText":"Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","text":"Russell index is reshuffling. This mean it could remain at Russell 2000 or upgrade to Russell 1000.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/112651164","repostId":"1160563289","repostType":2,"repost":{"id":"1160563289","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622864224,"share":"https://www.laohu8.com/m/news/1160563289?lang=&edition=full","pubTime":"2021-06-05 11:37","market":"us","language":"en","title":"FTSE Russell removed GameStop from the small-cap index","url":"https://stock-news.laohu8.com/highlight/detail?id=1160563289","media":"Tiger Newspress","summary":"FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in ","content":"<p>FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.</p>","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>FTSE Russell removed GameStop from the small-cap index</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\">\nFTSE Russell removed GameStop from the small-cap index\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-05 11:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IWM":"罗素2000指数ETF","TSLA":"特斯拉","JPM":"摩根大通","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160563289","content_text":"FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579045920422452","authorId":"3579045920422452","name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","crmLevel":2,"crmLevelSwitch":1},"content":"That will be Interesting","text":"That will be Interesting","html":"That will be Interesting"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347648739,"gmtCreate":1618494849821,"gmtModify":1704711734364,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The CEO literally just said they won’t use a single share in 2021. Gosh","listText":"The CEO literally just said they won’t use a single share in 2021. Gosh","text":"The CEO literally just said they won’t use a single share in 2021. Gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347648739","repostId":"1169323233","repostType":4,"repost":{"id":"1169323233","pubTimestamp":1618494678,"share":"https://www.laohu8.com/m/news/1169323233?lang=&edition=full","pubTime":"2021-04-15 21:51","market":"us","language":"en","title":"Investing in AMC Entertainment Is Risky At Best","url":"https://stock-news.laohu8.com/highlight/detail?id=1169323233","media":"InvestorPlace","summary":"Due to heavy dilution of shares, AMC stock may not generate returns for shareholders.AMC stock gaine","content":"<blockquote><b>Due to heavy dilution of shares, AMC stock may not generate returns for shareholders.</b></blockquote><p>AMC stock gained about 7%&nbsp;in Thursday&nbsp;morning  trading.</p><p><img src=\"https://static.tigerbbs.com/6710d3a07fd541ff5b244aefe09c895f\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>The entertainment industry has suffered the most in the pandemic and despite reopening 98% of its locations, the road ahead for<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) looks bumpy. The demand for movie theaters will not come close to pre-pandemic levels for at least the next two years. AMC stock has had a wild ride in 2021, but it does not look promising going forward.</p><p>People will be keen on engaging in other social activities that they have avoided for a year now. We have already spent a lot of time indoors, and given a choice, I would always prefer heading outdoors and meeting people instead of sitting in a packed space watching a movie.</p><p>Even if that does not happen and consumers return to the theaters, there is something seriously wrong with AMC stock. I am definitely bearish on the stock. With that said, let’s take a look at the investment case for AMC stock.</p><p><b>Massive Share Dilution</b></p><p>At the end of 2019, AMC had103 million shares. Then, the pandemic hit, and the company was sinking. It had to push cash in the business to survive. Hence, by the end of the third quarter, there were 107.7. million shares held by the company, and it hasn’t stopped since then. Investors must understand the magnitude of share dilution and its impact on their holding.</p><p>AMC is burning cash to stay afloat, but the cash is coming from share dilution. In September, it announced an equity offer that allowed dilution of shares by selling new stock whenever the need arises. It has raised more than 300 million new shares and 44.4 million shares through debt conversion.</p><p>Currently, the company has 450 million outstanding shares. Heavy dilution is risky, and it makes no sense from a business perspective. If you already own AMC stock, your share in the company is likely much lower today than it was when you bought in. Furthermore, the company is not generating profits, and shareholders can only hope that the company survives the storm so they do not lose all their money.</p><p>AMC Entertainment pays about$350 million in interest expenses, and it is only rising. This month, the company has asked the shareholders for approval of asale of 500 million new shares. This will lead to further dilution. Given the fact that the company has been practicing the same for the past few months, the idea does not sound crazy. But for investors, it is a crazy ride.</p><p>All in all, the company has raised more than $2.2 billion in equity and debt,sold over $80 million in assets&nbsp;and converted $600 million of debt in equity. It held $1 billion in cash at the end of February this year.</p><p>Even if customers return to the theaters and the company starts to generate revenue, the share dilution could mean a big problem for shareholders. Management needs to limit the sale of new shares and try to look for alternative options to raise funds. If the company continues to dilute shares, it may not have enough cash for the coming year.</p><p><b>The Bottom Line on AMC stock</b></p><p>From a fundamental standpoint, AMC looks risky. The company had a flat revenue in 2019, and it has not been able to generate profits in the last two years. It is far away from getting back to where it was.</p><p>The company is also facing stiff competition from streaming platforms, and consumers have gotten used to enjoying their favorite movies from the comfort of their homes. It will continue to operate at a lesser capacity in the theaters, but the operating costs will keep piling up. AMC also has heavy interest liability.</p><p>I remain skeptical about the company being able to weather the storm amidst the pandemic. I do not think that the company will be able to gain stability or make money for the next two years. For those reasons, it’s best to avoid AMC stock.</p>","source":"lsy1606302653667","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>Investing in AMC Entertainment Is Risky At Best</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\">\nInvesting in AMC Entertainment Is Risky At Best\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 21:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/investing-in-amc-stock-is-risky-at-best/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Due to heavy dilution of shares, AMC stock may not generate returns for shareholders.AMC stock gained about 7% in Thursday morning  trading.The entertainment industry has suffered the most in the ...</p>\n\n<a href=\"https://investorplace.com/2021/04/investing-in-amc-stock-is-risky-at-best/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/investing-in-amc-stock-is-risky-at-best/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169323233","content_text":"Due to heavy dilution of shares, AMC stock may not generate returns for shareholders.AMC stock gained about 7% in Thursday morning  trading.The entertainment industry has suffered the most in the pandemic and despite reopening 98% of its locations, the road ahead forAMC Entertainment(NYSE:AMC) looks bumpy. The demand for movie theaters will not come close to pre-pandemic levels for at least the next two years. AMC stock has had a wild ride in 2021, but it does not look promising going forward.People will be keen on engaging in other social activities that they have avoided for a year now. We have already spent a lot of time indoors, and given a choice, I would always prefer heading outdoors and meeting people instead of sitting in a packed space watching a movie.Even if that does not happen and consumers return to the theaters, there is something seriously wrong with AMC stock. I am definitely bearish on the stock. With that said, let’s take a look at the investment case for AMC stock.Massive Share DilutionAt the end of 2019, AMC had103 million shares. Then, the pandemic hit, and the company was sinking. It had to push cash in the business to survive. Hence, by the end of the third quarter, there were 107.7. million shares held by the company, and it hasn’t stopped since then. Investors must understand the magnitude of share dilution and its impact on their holding.AMC is burning cash to stay afloat, but the cash is coming from share dilution. In September, it announced an equity offer that allowed dilution of shares by selling new stock whenever the need arises. It has raised more than 300 million new shares and 44.4 million shares through debt conversion.Currently, the company has 450 million outstanding shares. Heavy dilution is risky, and it makes no sense from a business perspective. If you already own AMC stock, your share in the company is likely much lower today than it was when you bought in. Furthermore, the company is not generating profits, and shareholders can only hope that the company survives the storm so they do not lose all their money.AMC Entertainment pays about$350 million in interest expenses, and it is only rising. This month, the company has asked the shareholders for approval of asale of 500 million new shares. This will lead to further dilution. Given the fact that the company has been practicing the same for the past few months, the idea does not sound crazy. But for investors, it is a crazy ride.All in all, the company has raised more than $2.2 billion in equity and debt,sold over $80 million in assets and converted $600 million of debt in equity. It held $1 billion in cash at the end of February this year.Even if customers return to the theaters and the company starts to generate revenue, the share dilution could mean a big problem for shareholders. Management needs to limit the sale of new shares and try to look for alternative options to raise funds. If the company continues to dilute shares, it may not have enough cash for the coming year.The Bottom Line on AMC stockFrom a fundamental standpoint, AMC looks risky. The company had a flat revenue in 2019, and it has not been able to generate profits in the last two years. It is far away from getting back to where it was.The company is also facing stiff competition from streaming platforms, and consumers have gotten used to enjoying their favorite movies from the comfort of their homes. It will continue to operate at a lesser capacity in the theaters, but the operating costs will keep piling up. AMC also has heavy interest liability.I remain skeptical about the company being able to weather the storm amidst the pandemic. I do not think that the company will be able to gain stability or make money for the next two years. For those reasons, it’s best to avoid AMC stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106186813,"gmtCreate":1620093418432,"gmtModify":1704338542421,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Remember to vote! Email tiger broker for the procedure","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Remember to vote! Email tiger broker for the procedure","text":"$GameStop(GME)$Remember to vote! Email tiger broker for the procedure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106186813","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343666789,"gmtCreate":1617714189041,"gmtModify":1704702109075,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a> what a scam after all, will never buy another chinese stock","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/EBON\">$Ebang International Holdings Inc.(EBON)$</a> what a scam after all, will never buy another chinese stock","text":"$Ebang International Holdings Inc.(EBON)$ what a scam after all, will never buy another chinese stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343666789","isVote":1,"tweetType":1,"viewCount":1004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111321690,"gmtCreate":1622653827910,"gmtModify":1704188285196,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>let’s go","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>let’s go","text":"$GameStop(GME)$let’s go","images":[{"img":"https://static.tigerbbs.com/20431344cb0f3cec3e8b891cf9a62089","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111321690","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":132829795,"gmtCreate":1622080638717,"gmtModify":1704179062122,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Let’s go!","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Let’s go!","text":"$GameStop(GME)$Let’s go!","images":[{"img":"https://static.tigerbbs.com/c6696bc515ed20f95ed0a6c5df506547","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132829795","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":346033146,"gmtCreate":1617972547285,"gmtModify":1704705480212,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> my favorite stock","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> my favorite stock","text":"$Palantir Technologies Inc.(PLTR)$ my favorite stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346033146","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347693113,"gmtCreate":1618490934732,"gmtModify":1704711633899,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","listText":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","text":"outsiders/folks who have doubts need to stop looking at the current price, yes it’s expensive, but the whole reason its expansive is because the outstanding shares are extremely low, thus compared to other e-commerce/brick-mortar stock, it’s considered undervalue.The fundamentals are good simply because of 1 reason, gaming, gaming is not gonna die, it’s booming, and it’s not just selling DVD anymore, GME is also selling consoles, PCs, graphic cards, trading cards, colectible, torys, e-commerce, same day delivery. All this provides a very good result in pre-Q1 2021.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347693113","repostId":"1168600836","repostType":2,"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353483204,"gmtCreate":1616512770608,"gmtModify":1704795177854,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good riddance of those bad blood.","listText":"Good riddance of those bad blood.","text":"Good riddance of those bad blood.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353483204","repostId":"2121084489","repostType":2,"repost":{"id":"2121084489","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616500753,"share":"https://www.laohu8.com/m/news/2121084489?lang=&edition=full","pubTime":"2021-03-23 19:59","market":"us","language":"en","title":"GameStop loses second senior exec as shakeup deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2121084489","media":"Reuters","summary":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resi","content":"<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>","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>GameStop loses second senior exec as shakeup deepens</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\">\nGameStop loses second senior exec as shakeup deepens\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\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-23 19:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121084489","content_text":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.\nThis is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.\nThe company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.\nHamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364782438,"gmtCreate":1614874544324,"gmtModify":1704776482382,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Loss&nbsp;50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","listText":"Loss&nbsp;50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","text":"Loss 50%Then win 20%So overall they still lose 40%Hahaha CNBC really thought we can’t do math","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364782438","repostId":"2116520709","repostType":2,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343666252,"gmtCreate":1617714168476,"gmtModify":1704702108590,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343666252","repostId":"2125792065","repostType":2,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359765317,"gmtCreate":1616424699839,"gmtModify":1704793987119,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"If there is a new CFO announcement during after hours, we can expect another spike again","listText":"If there is a new CFO announcement during after hours, we can expect another spike again","text":"If there is a new CFO announcement during after hours, we can expect another spike again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359765317","repostId":"2121144678","repostType":2,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329262677,"gmtCreate":1615252095599,"gmtModify":1704780111828,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Still holding","listText":"Still holding","text":"Still holding","images":[{"img":"https://static.tigerbbs.com/46f91b699166959ec296b35f9a33af68","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329262677","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":387919231,"gmtCreate":1613708135723,"gmtModify":1704883918203,"author":{"id":"3573622245169189","authorId":"3573622245169189","name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ya right","listText":"Ya right","text":"Ya right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387919231","repostId":"1185112339","repostType":4,"repost":{"id":"1185112339","pubTimestamp":1613703936,"share":"https://www.laohu8.com/m/news/1185112339?lang=&edition=full","pubTime":"2021-02-19 11:05","market":"us","language":"en","title":"Robinhood, Citadel fight conspiracies ahead of GameStop grilling","url":"https://stock-news.laohu8.com/highlight/detail?id=1185112339","media":"Bloomberg","summary":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted market","content":"<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.</p>\n<p>Robinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".</p>\n<p>Robinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.</p>\n<p>Ken Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.</p>\n<p>\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.</p>\n<p>Digging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.</p>\n<p>Citadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.</p>\n<p>Thursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.</p>\n<p>Chairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.</p>\n<p>Gabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.</p>\n<p>\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"</p>\n<p>'DIFFICULT TIME'</p>\n<p>Mr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.</p>\n<p>Even though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.</p>\n<p>Melvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.</p>\n<p>Keith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.</p>\n<p>Mr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.</p>\n<p>\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"</p>\n<p>Jennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.</p>\n<p>In his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.</p>\n<p>Because the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.</p>\n<p>Around 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.</p>\n<p>To help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.</p>\n<p>Mr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.</p>","source":"lsy1584095487587","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>Robinhood, Citadel fight conspiracies ahead of GameStop grilling</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; 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}\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\">\nRobinhood, Citadel fight conspiracies ahead of GameStop grilling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.businesstimes.com.sg/banking-finance/robinhood-citadel-fight-conspiracies-ahead-of-gamestop-grilling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185112339","content_text":"[WASHINGTON] Robinhood Markets and Citadel, central players in the GameStop saga that riveted markets last month, plan to deliver a unified message to US lawmakers Thursday: conspiracies swirling in Washington that they worked together to harm retail investors are categorically false.\nRobinhood chief executive officer Vlad Tenev, whose firm has faced a barrage of questions into whether hedge funds such as Citadel ordered it to prevent customers from adding to their GameStop bets, called such claims \"market-distorting rhetoric\".\nRobinhood halted trades due to demands from its clearinghouse that it post more capital to deal with increased risk, he said in written testimony for a hearing before the House Financial Services Committee.\nKen Griffin, Citadel's billionaire founder, said in his prepared remarks that he learned Robinhood had barred GameStop buy orders after the restrictions were publicly announced.\n\"I want to be perfectly clear: we had no role in Robinhood's decision to limit trading in GameStop or any other of the 'meme' stocks,\" said Mr Griffin, whose financial empire includes a hedge fund and massive market-maker Citadel Securities.\nDigging into the relationship between Robinhood and Citadel has been a focal point for lawmakers since small-time investors revolted in January after Robinhood temporarily blocked their push to drive GameStop and other stocks to the stratosphere.\nCitadel Securities pays Robinhood for the right to execute its customers' orders, and a theory that gained traction on social media is that Mr Griffin's market-maker leaned on Mr Tenev's brokerage to benefit Citadel's hedge fund - an assertion both firms have repeatedly rejected.\nThursday's hearing, still expected to be full of drama and tense moments even though its virtual, will offer members of Congress their first chance to grill the executives on frenzied trading that triggered alarm bells from Wall Street to Capitol Hill.\nChairwoman Maxine Waters, a California Democrat, has said she wants to scrutinise all the players involved to assess whether Washington needs to curtail the influence of hedge funds and strengthen guardrails for retail investors.\nGabe Plotkin, a hedge fund manager whose firm took heavy losses during last month's Reddit-fuelled trading, plans to tell Congress that he was \"humbled\" by the experience.\n\"Melvin Capital played absolutely no role\" in the decisions of trading platforms to limit the buying and selling of GameStop shares, according to Mr Plotkin's written testimony. \"In fact, Melvin closed out all of its positions in GameStop days before platforms put those limitations in place.\"\n'DIFFICULT TIME'\nMr Plotkin used his testimony to clarify that Melvin Capital wasn't \"bailed out\" by the US$2.75 billion it received from Citadel, Point72 Asset Management and others last month.\nEven though the firm was going through a \"difficult time\", it always had adequate funding and wasn't seeking a cash injection. Citadel proactively reached out to become an investor, seeing it as an opportunity to \"buy low\", Mr Plotkin said in his remarks.\nMelvin Capital lost billions closing out its GameStop position and reducing other wagers. The firm's assets fell to about US$8 billion in January after starting the year with US$12.5 billion.\nKeith Gill, a Reddit user known as \"Roaring Kitty\" who is credited with inspiring GameStop's rally, will testify that he was merely an individual investor using public information to study companies.\nMr Gill, one of the most influential participants pushing GameStop on the WallStreetBets Reddit forum, was sued this week in Massachusetts for misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.\n\"I did not solicit anyone to buy or sell the stock for my own profit,\" Mr Gill said in his testimony. \"I did not belong to any groups trying to create movements in the stock price. I never had a financial relationship with any hedge fund. I had no information about GameStop except what was public. I did not know any people inside the company, and I never spoke to any insider.\"\nJennifer Schulp, director of financial regulation studies at Cato Institute and a late addition to the hearing's lineup of speakers, will testify that rule changes may not be warranted in light of the minimal impact on markets. \"By no means, though, should the GameStop phenomenon result in changes that restrict retail investors' access to the markets,\" she said.\nIn his testimony, Mr Tenev described the morning of Jan 28, when the brokerage halted purchases of GameStop and other \"meme stocks\". At 5.11am, the industry's clearinghouse - a body that manages system-wide risk - demanded a deposit of more than US$1 billion from Robinhood, he said.\nBecause the sum demanded was even larger than the amount of net capital the online brokerage had on hand, an additional charge of US$2.2 billion was slapped on top, bringing the total amount due to about US$3 billion. Robinhood complied with its net capital requirements at all times during this period, the company says.\nAround 7.30am, in a scramble to meet the requirements, Robinhood decided to stop customers from buying GameStop and other volatile stocks. The clearinghouse then agreed to waive the entire US$2.2 billion charge it had initially added, according to Mr Tenev's account. With an additional US$737 million deposit that morning, combined with the amount Robinhood had already posted at the clearinghouse, the broker met its requirements for that day.\nTo help prevent last month's events from happening again, Robinhood has called on regulators to make the settlement period for stock trades instantaneous. Citadel's Mr Griffin also called for a shorter settlement time.\nMr Griffin said the current two-day requirement \"exposes firms to more risk in the time between execution and settlement, requiring higher capital levels\". He also advised that clearinghouse capital requirements be made more transparent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}