Secrez69 personal page - To The Moon

Secrez69

Secrez69

hi bye

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2023-04-13

Valid posit? Very good i have to share more

2023-04-13

hi

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-04-13

how to repo

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2022-07-06

Great!

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-07-06

hi everyone

2021-12-22

I just wanna say i lose money

2021-08-06

$Maxar Technologies Ltd.(MAXR)$for once i made a good call

2021-07-29

$Tesla Motors(TSLA)$hahahahahah

2021-06-10

$Idex ASA(IDEX)$woawww

2021-06-07

$AMC Entertainment(AMC)$naiseee

2021-06-03

TO THE MOOON

2021-06-03

$Atlas Crest Investment Corp(ACIC)$hi guys

2021-03-23

$Butterfly Network Inc(BFLY)$heheheh

2021-03-20

$Palantir Technologies Inc.(PLTR)$sad ;(

2021-03-15

$AMC Entertainment(AMC)$smexy lil thangs

2021-03-05

$Palantir Technologies Inc.(PLTR)$ very sad, pls pray

2021-03-02

$Atlas Crest Investment Corp(ACIC)$hggh

2021-02-28

sold too early

2021-02-28

$Maxar Technologies Ltd.(MAXR)$hehhehe

2021-02-27

$Atlas Crest Investment Corp(ACIC)$hvgh

Go to Tiger App to see more news

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href=\"https://laohu8.com/S/IDEX\">$Idex ASA(IDEX)$</a>woawww","listText":"<a href=\"https://laohu8.com/S/IDEX\">$Idex ASA(IDEX)$</a>woawww","text":"$Idex ASA(IDEX)$woawww","images":[{"img":"https://static.tigerbbs.com/210da751e7a68cb112264e9bd0590b49","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189668861","isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":353118785,"gmtCreate":1616468792747,"gmtModify":1704794487779,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BFLY\">$Butterfly Network Inc(BFLY)$</a>heheheh","listText":"<a href=\"https://laohu8.com/S/BFLY\">$Butterfly Network Inc(BFLY)$</a>heheheh","text":"$Butterfly Network Inc(BFLY)$heheheh","images":[{"img":"https://static.tigerbbs.com/d2f289b76bb392550506b9412c3ba683","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353118785","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":367524126,"gmtCreate":1614958582765,"gmtModify":1704777579895,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> very sad, pls pray","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> very sad, pls pray","text":"$Palantir Technologies Inc.(PLTR)$ very sad, pls pray","images":[{"img":"https://static.tigerbbs.com/e6f2c0e12bf8e5a7c3d5adb15d4d31fe","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367524126","isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":363941694,"gmtCreate":1614092113318,"gmtModify":1704888039723,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"dam sonnn","listText":"dam sonnn","text":"dam sonnn","images":[{"img":"https://static.tigerbbs.com/c44282f6822f2075807a21b792f61658","width":"1125","height":"2615"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/363941694","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":389831506,"gmtCreate":1612749218805,"gmtModify":1704873755756,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"hahaha&nbsp;","listText":"hahaha&nbsp;","text":"hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389831506","repostId":"2109727286","repostType":4,"repost":{"id":"2109727286","pubTimestamp":1612519517,"share":"https://ttm.financial/m/news/2109727286?lang=&edition=fundamental","pubTime":"2021-02-05 18:05","market":"sg","language":"en","title":"Singapore stocks end week almost flat, STI inches up 0.05%","url":"https://stock-news.laohu8.com/highlight/detail?id=2109727286","media":"businesstimes","summary":"LOCAL equities ended Friday on a flat note amid a directionless trading session. Investor optimism a","content":"<div>\n<p>LOCAL equities ended Friday on a flat note amid a directionless trading session. Investor optimism also took a hit from the announcement of a 3.6 per cent year-on-year decline in Singapore's retail ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-end-week-almost-flat-sti-inches-up-005\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","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>Singapore stocks end week almost flat, STI inches up 0.05%</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\">\nSingapore stocks end week almost flat, STI inches up 0.05%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 18:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-end-week-almost-flat-sti-inches-up-005><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LOCAL equities ended Friday on a flat note amid a directionless trading session. Investor optimism also took a hit from the announcement of a 3.6 per cent year-on-year decline in Singapore's retail ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-end-week-almost-flat-sti-inches-up-005\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-end-week-almost-flat-sti-inches-up-005","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2109727286","content_text":"LOCAL equities ended Friday on a flat note amid a directionless trading session. Investor optimism also took a hit from the announcement of a 3.6 per cent year-on-year decline in Singapore's retail sales for December 2020, as many industries remained affected by low visitor arrivals.\nThe benchmark Straits Times Index rose 0.05 per cent or 1.53 points to finish the week at 2,907.11. Across the broader market, advancers outnumbered decliners 244 to 204, after 1.77 billion securities worth S$1.15 billion changed hands.\nAcross the region, stock markets were mixed. The Nikkei and Hang Seng Index gained 1.5 per cent and 0.6 per cent respectively, while the Kospi advanced 1.1 per cent. Meanwhile, the KLCI slipped 0.4 per cent and the Shenzhen Component Index fell 0.7 per cent.\nThings were, however, more positive on Wall Street. The three indices finished Thursday in the black, with the Dow Jones Industrial Average and S&P 500 each gaining 1.1 per cent and the Nasdaq advancing 1.2 per cent.\nSaid Oanda's senior market analyst Jeffrey Halley: \"Asean markets are struggling to buy into the global recovery story with their less tech and manufacturing heavy indices, being heavily weighted to banks, property and commodities, which have been soft this week ex-energy.\"\nOn the local bourse, Haw Par Corporation was the biggest advancer. The counter closed at S$11.62 on Friday, up 1.9 per cent or S$0.22.\nOther advancers for the day included Creative Technology which gained 5.2 per cent or S$0.13 to S$2.64, and Sarine Technologies which rose 16.4 per cent or S$0.09 to S$0.64.\nOn the other end of the spectrum, Jardine Matheson Holdings was the biggest loser, closing 1 per cent or US$0.60 lower at US$57.90.\nTech names were also on the list of decliners. Venture Corporation fell 1 per cent or S$0.21 to S$19.97; AEM lost 2.5 per cent or S$0.11 to S$4.29, and Micro-Mechanics shed 1.9 per cent or S$0.07 to S$3.58.\nThe trio of lenders ended the week in the black. DBS gained 0.2 per cent or S$0.04 to S$25.28; OCBC advanced 0.4 per cent or S$0.04 to S$10.30, while UOB rose 0.4 per cent or S$0.10 to S$23.54.\nThe Place Holdings was the most actively traded stock on Friday, with some 116.6 million shares changing hands over the course of the day. The counter closed at 14.5 Singapore cents, up 22.9 per cent or 2.7 cents.\nOther heavily traded counters were MMP Resources, Oceanus and Jiutian Chemical.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389092132,"gmtCreate":1612613484526,"gmtModify":1704873221233,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>ahahahh","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>ahahahh","text":"$AMC Entertainment(AMC)$ahahahh","images":[{"img":"https://static.tigerbbs.com/d679bf617e0ae2d20ea712a9d316ff78","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/389092132","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":380953767,"gmtCreate":1612507428259,"gmtModify":1704872121017,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"You cant compare GME with TSLA. TSLA is a company of the future, for we have yet to see their full potential up to this point, and they still have many exciting things to bring to the table. I dont think its a bubble in my opinion.","listText":"You cant compare GME with TSLA. TSLA is a company of the future, for we have yet to see their full potential up to this point, and they still have many exciting things to bring to the table. I dont think its a bubble in my opinion.","text":"You cant compare GME with TSLA. TSLA is a company of the future, for we have yet to see their full potential up to this point, and they still have many exciting things to bring to the table. I dont think its a bubble in my opinion.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380953767","repostId":"1180970570","repostType":4,"repost":{"id":"1180970570","pubTimestamp":1612501989,"share":"https://ttm.financial/m/news/1180970570?lang=&edition=fundamental","pubTime":"2021-02-05 13:13","market":"us","language":"en","title":"The dark side of the GameStop bubble: Driving stock prices to the moon can hurt America","url":"https://stock-news.laohu8.com/highlight/detail?id=1180970570","media":"marketwatch","summary":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now droppi","content":"<p>Shares of GameStop&nbsp;and other companies or&nbsp;assets that shot upin value in recent weeks are now&nbsp;dropping&nbsp;like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.</p><p>The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.</p><p>As a finance professor who does&nbsp;research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.</p><p>Capital markets aren’t casinos</p><p>Some have portrayed&nbsp;GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?</p><p>The first thing to keep in mind is that markets aren’t a big casino,&nbsp;as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.</p><p>Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without&nbsp;access to capital markets.</p><p>The more jaundiced view of markets focuses on episodes when&nbsp;markets seemingly go crazy&nbsp;and on the&nbsp;speculative gambling behavior of some traders, such as&nbsp;hedge funds. The GameStop saga feeds into this storyline.</p><p>But GameStop also illustrates what happens when stock prices don’t reflect reality.</p><p>The GameStop bubble</p><p>GameStop fundamentals&nbsp;are, to put it mildly, lackluster.</p><p>The company is a brick-and-mortar chain of video game stores. Most video game sales now&nbsp;take place as digital downloads. GameStop&nbsp;has been slow&nbsp;to adapt to this new reality. Its revenue peaked in&nbsp;2012 at US$9.55 billion&nbsp;and had dropped by a third&nbsp;as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.</p><p>The recent speculative frenzy, however, increased the GameStop stock price&nbsp;from under $20 in early January to as high as $483&nbsp;in a little over two weeks,&nbsp;driven by retail investors on Reddit&nbsp;who coordinated their buying to harm hedge funds,&nbsp;costing the professionals billions of dollars.</p><p>It is&nbsp;clearly a speculative price bubble&nbsp;and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially&nbsp;those attracted by the extreme price moves&nbsp;and media coverage — will be left holding the bag.</p><p>And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares&nbsp;were trading near $70for the first time since Jan. 25.</p><p>The problems begin when that doesn’t happen until too late.</p><p>Bubbles are made to pop</p><p>Financial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.</p><p>That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.</p><p>Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 —&nbsp;after prices of dozens of tech stocks soared exponentially in the late 1990s&nbsp;— an&nbsp;economic recession&nbsp;followed soon after. The bursting of a&nbsp;housing bubble in 2008&nbsp;triggered a global financial crisis and the Great Recession.</p><p>Too much momentum</p><p>So markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.</p><p>Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.</p><p>In recent days, Reddit users have also driven up the&nbsp;prices of silverSI00,0.61%&nbsp;and&nbsp;companies&nbsp;such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood&nbsp;have made trading easy, fun&nbsp;and basically free.</p><p>The share price of TeslaTSLA,-0.55%,for example,&nbsp;skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called&nbsp;momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.</p><p>If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the&nbsp;already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation&nbsp;could hurt public confidence&nbsp;in financial markets, which would make people more reluctant to invest in retirement and other programs.</p><p>Warren Buffett&nbsp;once said&nbsp;about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”</p><p>What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.</p><p>There’s no particular reason it won’t happen again.</p><p><i>Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from&nbsp;crashing“.</i></p>","source":"lsy1603348471595","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>The dark side of the GameStop bubble: Driving stock prices to the moon can hurt America</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\">\nThe dark side of the GameStop bubble: Driving stock prices to the moon can hurt America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 13:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/the-dark-side-of-the-gamestop-bubble-driving-stock-prices-to-the-moon-can-hurt-america-11612457839?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180970570","content_text":"Shares of GameStop and other companies or assets that shot upin value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks’ return to Earth is actually a good thing — if you want to avoid financial meltdown to the long list of crises the U.S. is facing.The reason has to do with what financial markets are — and what they are not — as well as what happens when prices of stocks and other securities become untethered from the fundamental value of the assets they’re meant to represent.As a finance professor who does research on how markets respond to new information, I believe it is important to maintain a close link between security prices and fundamentals. When that stops happening, a market collapse may be not far behind.Capital markets aren’t casinosSome have portrayed GameStopGME,-42.11%as a David vs. Goliath story. According to that narrative, the big guys on Wall Street have been getting rich gambling on the stock marketSPX,+1.09%for years. What’s the problem when the little guy gets a chance?The first thing to keep in mind is that markets aren’t a big casino, as some seem to believe. Their core purpose is to efficiently connect investors with companies and other organizations that will make the most productive use of their cash.Accurate market prices, meant to reflect a company’s expected profits and overall risk level, provide an important signal to investors whether they should hand over their money and what they should get in return. Companies like AppleAAPL,+2.58%and AmazonAMZN,+0.56%simply would not exist as we know them today without access to capital markets.The more jaundiced view of markets focuses on episodes when markets seemingly go crazy and on the speculative gambling behavior of some traders, such as hedge funds. The GameStop saga feeds into this storyline.But GameStop also illustrates what happens when stock prices don’t reflect reality.The GameStop bubbleGameStop fundamentals are, to put it mildly, lackluster.The company is a brick-and-mortar chain of video game stores. Most video game sales now take place as digital downloads. GameStop has been slow to adapt to this new reality. Its revenue peaked in 2012 at US$9.55 billion and had dropped by a third as of 2019. It hasn’t earned a profit since 2017. Put simply, it is a money-losing company in a competitive and quickly changing industry.The recent speculative frenzy, however, increased the GameStop stock price from under $20 in early January to as high as $483 in a little over two weeks, driven by retail investors on Reddit who coordinated their buying to harm hedge funds, costing the professionals billions of dollars.It is clearly a speculative price bubble and has some characteristics of a Ponzi scheme. Many small investors who “get on the train” late and buy at the inflated prices — especially those attracted by the extreme price moves and media coverage — will be left holding the bag.And sooner or later, the stock price will likely come back to Earth to a level that can be supported by the fundamentals of the company. Before midday on Feb. 4, shares were trading near $70for the first time since Jan. 25.The problems begin when that doesn’t happen until too late.Bubbles are made to popFinancial markets are made up of people. People are imperfect, and so are markets. This means market prices are not always “right” — and it’s often hard to know what the “right” price is.That is true when it comes to the price bubbles in individual stocks like GameStop. But it’s also true on a much bigger scale, when it comes to a market as a whole.Price bubbles and crashes are good for neither Wall Street nor Main Street. When the dot-com bubble popped in 2000 — after prices of dozens of tech stocks soared exponentially in the late 1990s — an economic recession followed soon after. The bursting of a housing bubble in 2008 triggered a global financial crisis and the Great Recession.Too much momentumSo markets fail sometimes, and we need sensible regulation and enforcement to make such failures less likely.Taken in isolation, the GameStop craze is unlikely to trigger a disruption to the overall stock market, especially if its price continues to fall more in line with the company’s fundamental value. Unfortunately, this was not an isolated case. Nor was GameStop the first sign of problems.In recent days, Reddit users have also driven up the prices of silverSI00,0.61% and companies such as BlackBerryBB,+1.25%and movie theater giant AMC EntertainmentAMC,-20.96%.Popular trading apps like Robinhood have made trading easy, fun and basically free.The share price of TeslaTSLA,-0.55%,for example, skyrocketed 720% last year, in large part when investors bought the stock because it was already rising. This is called momentum investing, a trading strategy in which investors buy securities because they are going up — selling them only when they think the price has peaked.If this continues, it will likely lead to more financial bubbles and crashes that could make it harder for companies to raise capital, posing a threat to the already limping U.S. economic recovery. Even if the worst doesn’t happen, large price movements and allegations of price manipulation could hurt public confidence in financial markets, which would make people more reluctant to invest in retirement and other programs.Warren Buffett once said about stock market behavior: “The light can at any time go from green to red without pausing at yellow.”What he meant was that markets can turn on a dime and plunge. He saw these moments as opportunities to find deals in the market, but for most people they result in panic, heavy losses and economic consequences like mass unemployment — as we saw in 1929, 2000 and 2008.There’s no particular reason it won’t happen again.Alexander Kurov is a professor of finance and holds the Fred T. Tattersall Research Chair in Finance at West Virginia University In Morgantown. This was first published byThe Conversation— “Wall Street isn’t just a casino where traders can bet on GameStop and other stocks – it’s essential to keeping capitalism from crashing“.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315517389,"gmtCreate":1612263289941,"gmtModify":1704868894380,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VYNE\">$VYNE Therapeutics Inc.(VYNE)$</a>rollercoaster","listText":"<a href=\"https://laohu8.com/S/VYNE\">$VYNE Therapeutics Inc.(VYNE)$</a>rollercoaster","text":"$VYNE Therapeutics Inc.(VYNE)$rollercoaster","images":[{"img":"https://static.tigerbbs.com/dc63f2fae5e2c24397b0909837a0a01a","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315517389","isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9945963906,"gmtCreate":1681350284006,"gmtModify":1681350287968,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"Valid posit? Very good i have to share more","listText":"Valid posit? Very good i have to share more","text":"Valid posit? Very good i have to share more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945963906","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365375075,"gmtCreate":1614698975297,"gmtModify":1704774255832,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ACIC\">$Atlas Crest Investment Corp(ACIC)$</a>hggh","listText":"<a href=\"https://laohu8.com/S/ACIC\">$Atlas Crest Investment Corp(ACIC)$</a>hggh","text":"$Atlas Crest Investment Corp(ACIC)$hggh","images":[{"img":"https://static.tigerbbs.com/3dcd5519ff7350fa113661201ed4212f","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365375075","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366658277,"gmtCreate":1614478266999,"gmtModify":1704771959547,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MAXR\">$Maxar Technologies Ltd.(MAXR)$</a>hehhehe","listText":"<a href=\"https://laohu8.com/S/MAXR\">$Maxar Technologies Ltd.(MAXR)$</a>hehhehe","text":"$Maxar Technologies Ltd.(MAXR)$hehhehe","images":[{"img":"https://static.tigerbbs.com/e2bc9597950a13aa2d49bb09ac7d88a6","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366658277","isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366822748,"gmtCreate":1614439411784,"gmtModify":1704771820155,"author":{"id":"3574629074690320","authorId":"3574629074690320","authorIdStr":"3574629074690320","name":"Secrez69","avatar":"https://static.tigerbbs.com/bdf7bc43db9430f06ee4d04761226a0e","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574629074690320"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ACIC\">$Atlas Crest Investment Corp(ACIC)$</a>hvgh","listText":"<a href=\"https://laohu8.com/S/ACIC\">$Atlas Crest Investment Corp(ACIC)$</a>hvgh","text":"$Atlas Crest Investment Corp(ACIC)$hvgh","images":[{"img":"https://static.tigerbbs.com/bb94776577a2d20b18a252e0f618853b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366822748","isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}