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2021-03-01

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Warren Buffett Won’t Take the Reddit Bait

2021-02-25

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Here's Why GameStop Stock Just Exploded Higher

2021-02-24

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What did you expect?</b>\n</blockquote>\n<p>“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers Saturday. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the&nbsp;collectively lonely and despairing moment that the&nbsp;world found itself in during the past year. With his own 90-year perspective, Buffett reminded his readers that a moment is all this is.</p>\n<p>The bar was high for Buffett this time, given all that’s happened since last year’s letter:&nbsp;a public-health crisis;&nbsp;lockdowns;&nbsp;social unrest;&nbsp;worsening wealth inequality;&nbsp;a new U.S. president;&nbsp;extreme political divisiveness that led to insurrectionists storming the Capitol;&nbsp;climate disasters such as the tragic freezing conditions and blackouts in Texas last week;&nbsp;the resurgence&nbsp;of Bitcoin;&nbsp;and the recent market tumult brought on&nbsp;in part&nbsp;by a boiling over of frustrations with the state of the world.</p>\n<p>Did he clear that&nbsp;bar? Perhaps that’s the wrong question. Anyone looking to hear his thoughts on today’s issues&nbsp;may feel&nbsp;let down — he didn’t directly address any of them — but I doubt his devotees&nbsp;were surprised by this or disappointed. Buffett met the occasion by doing what&nbsp;he always does: explain his decisions, take his lumps and victory laps,&nbsp;offer up his&nbsp;musings on investing. If you wanted something different, you didn’t get it, and you don’t know Buffett.</p>\n<p>The last time the chairman and chief executive officer of Berkshire Hathaway Inc. spoke publicly was at the virtual shareholder meeting in May, an uncharacteristically somber event at&nbsp;which he sat in an empty auditorium normally filled with his adoring fans and left listeners wondering whether he was still the Oracle of Omaha. New icons with investing philosophies&nbsp;arguably antithetical to the Buffett way have since filled the void, such as&nbsp;Tesla Inc. billionaire Elon Musk, futuristic stock picker Cathie Wood and so-called SPAC king&nbsp;Chamath Palihapitiya — especially as Berkshire’s stock continues to lag the market.</p>\n<p><b>Underperformer</b></p>\n<p>Warren Buffett's Berkshire Hathaway owns shares in some market-beating companies, but its own stock has fallen behind</p>\n<p><img src=\"https://static.tigerbbs.com/9b499dc71140e81cb97d5303f6c1f80c\" tg-width=\"585\" tg-height=\"275\">But Buffett has his story and he’s sticking to it. And as if to remind readers of exactly that, the letter takes time to recount the history of Berkshire and how it came to be: a&nbsp;state-by-state discovery of ordinary Americans building extraordinary businesses&nbsp;—&nbsp;See’s Candies, Nebraska Furniture Market, Clayton Homes, Pilot Travel Centers — that Buffett and his now-97-year-old partner, Charlie Munger, couldn’t help but acquire and continue to admire. Some are still run by descendants of the families that started them. If this&nbsp;were to be Buffett’s last letter, it would&nbsp;be a relatively eloquent&nbsp;signoff. Here’s a notable&nbsp;passage:</p>\n<blockquote>\n There has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking. Beyond that, we retain our constitutional aspiration of becoming “a more perfect union.” Progress on that front has been slow, uneven and often discouraging. We have, however, moved forward and will continue to do so.&nbsp;Our unwavering conclusion: Never bet against America.\n</blockquote>\n<p>There was no mention of Bitcoin, Robinhood or Reddit, but Buffett did write glowingly of “the million-plus” individual investors who own Berkshire stock.&nbsp;He and Munger “feel a special obligation” to this group&nbsp;because their&nbsp;earliest investors when they began managing money — before acquiring Berkshire Hathaway in 1965&nbsp;— were just regular people. “Partners” is what they call Berkshire shareholders, and the company says it’s happy with the partners it has, not needing to court Wall Street the way other publicly traded companies might. That Berkshire never holdsearnings callswith analysts or attends investor conferences apart from its own annual event is the somewhat controversial proof.</p>\n<p>On the topic of the Reddit day-trading phenomenon, Munger put it a bit differently this week,telling the Wall Street Journal: “I hate this luring of people into engaging in speculative orgies.” And while taking questions during the shareholder meeting Wednesday for Daily Journal Corp., which he chairs, Munger had choice words for SPACs, too.&nbsp;“I think the world would be better off without them,” he said. “It's just that the investment banking profession will sell s--t as long as s--t can be sold.” He is truly the yin to Buffett’s yang.</p>\n<p>The biggest omission from Buffett’s letter was any rumination on markets and valuations, nor were there signs that maybe he’d come to accept higher prices as the new normal. In fact, it seems to be just the opposite. Berkshire had to write down the value of its last major acquisition, Precision Castparts, by $11 billion. The aerospace-parts manufacturer was hit hard by the Covid-19 pandemic as travel stopped. “I paid too much for the company,” he wrote. Doesn’t sound like he’s eager to make that mistake again.</p>\n<p>Instead, Berkshire has been buying back stock. Share repurchases&nbsp;tallied almost $25 billion in 2020. Speaking to his “partners,” he wrote, “That action increased your ownership in all of Berkshire’s businesses by 5.2%,” and added that buybacks have continued since yearend. Last week, Berkshire alsorevealed&nbsp;large stakesin Chevron Corp. and Verizon Communications Inc. The company’s cash stockpile —&nbsp;so large it has become part&nbsp;of Buffett folklore —&nbsp;did come down a tad last quarter to $138 billion.</p>\n<p><b>The War Chest</b></p>\n<p>Perhaps the only time a decline in cash is a good sign, because it means Warren Buffett found worthy purchases:</p>\n<p><img src=\"https://static.tigerbbs.com/1e0f4c73979bdcff8b792c981f6119a8\" tg-width=\"592\" tg-height=\"269\">The topic of succession didn’t come up in Saturday’s memo either, but Buffett&nbsp;did reveal that&nbsp;the virtual May meeting will be held not in Omaha as usual but in Los Angeles, where a wheelchair-bound Munger lives. Vice Chairmen Greg Abel and Ajit Jain, who have been given more authority in recent years, will also take part in the Q&amp;A. Perhaps more succession news is in store.</p>\n<p>“Nobody’s going to listen to Buffett. Buffett doesn’t have the energy to say what he said 30 and 40 years ago in 2021. And that’s OK,&nbsp;he’s earned the right to basically chill out and be the GOAT. But there has to be other folks that take that mantle, take the baton and do it as well to this younger generation in a language they understand.” This was Palihapitiya speaking in a Bloomberg TV interview earlier this month.</p>\n<p>Maybe Buffett’s style doesn’t fit the&nbsp;current moment, but a moment is all it is. Value investing has cycled in and out of fashion, and as&nbsp;fad securities sold off this week, there’s talk that it may be back “in” again. In any case, “energy” isn’t what earned Buffett his celebrity. It was patience, conviction, a sense of duty to his partners and a rejection of complex profit adjustments that are so often used to obscure and confuse. That philosophy should never go out of style.</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>Warren Buffett Won’t Take the Reddit Bait</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\">\nWarren Buffett Won’t Take the Reddit Bait\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No mention of Bitcoin, Robinhood or WallStreetBets in his latest annual letter but plenty of homespun value-investing wisdom. What did you expect?\n\n“All that’s required is the passage of time, an ...</p>\n\n<a href=\"https://www.bloomberg.com/asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.bloomberg.com/asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149277934","content_text":"No mention of Bitcoin, Robinhood or WallStreetBets in his latest annual letter but plenty of homespun value-investing wisdom. What did you expect?\n\n“All that’s required is the passage of time, an inner calm,” began a sentence in Warren Buffett’s annual letter to his followers Saturday. He was talking about the essentials of investing in a farm or business, but it felt like a metaphor for the collectively lonely and despairing moment that the world found itself in during the past year. With his own 90-year perspective, Buffett reminded his readers that a moment is all this is.\nThe bar was high for Buffett this time, given all that’s happened since last year’s letter: a public-health crisis; lockdowns; social unrest; worsening wealth inequality; a new U.S. president; extreme political divisiveness that led to insurrectionists storming the Capitol; climate disasters such as the tragic freezing conditions and blackouts in Texas last week; the resurgence of Bitcoin; and the recent market tumult brought on in part by a boiling over of frustrations with the state of the world.\nDid he clear that bar? Perhaps that’s the wrong question. Anyone looking to hear his thoughts on today’s issues may feel let down — he didn’t directly address any of them — but I doubt his devotees were surprised by this or disappointed. Buffett met the occasion by doing what he always does: explain his decisions, take his lumps and victory laps, offer up his musings on investing. If you wanted something different, you didn’t get it, and you don’t know Buffett.\nThe last time the chairman and chief executive officer of Berkshire Hathaway Inc. spoke publicly was at the virtual shareholder meeting in May, an uncharacteristically somber event at which he sat in an empty auditorium normally filled with his adoring fans and left listeners wondering whether he was still the Oracle of Omaha. New icons with investing philosophies arguably antithetical to the Buffett way have since filled the void, such as Tesla Inc. billionaire Elon Musk, futuristic stock picker Cathie Wood and so-called SPAC king Chamath Palihapitiya — especially as Berkshire’s stock continues to lag the market.\nUnderperformer\nWarren Buffett's Berkshire Hathaway owns shares in some market-beating companies, but its own stock has fallen behind\nBut Buffett has his story and he’s sticking to it. And as if to remind readers of exactly that, the letter takes time to recount the history of Berkshire and how it came to be: a state-by-state discovery of ordinary Americans building extraordinary businesses — See’s Candies, Nebraska Furniture Market, Clayton Homes, Pilot Travel Centers — that Buffett and his now-97-year-old partner, Charlie Munger, couldn’t help but acquire and continue to admire. Some are still run by descendants of the families that started them. If this were to be Buffett’s last letter, it would be a relatively eloquent signoff. Here’s a notable passage:\n\n There has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking. Beyond that, we retain our constitutional aspiration of becoming “a more perfect union.” Progress on that front has been slow, uneven and often discouraging. We have, however, moved forward and will continue to do so. Our unwavering conclusion: Never bet against America.\n\nThere was no mention of Bitcoin, Robinhood or Reddit, but Buffett did write glowingly of “the million-plus” individual investors who own Berkshire stock. He and Munger “feel a special obligation” to this group because their earliest investors when they began managing money — before acquiring Berkshire Hathaway in 1965 — were just regular people. “Partners” is what they call Berkshire shareholders, and the company says it’s happy with the partners it has, not needing to court Wall Street the way other publicly traded companies might. That Berkshire never holdsearnings callswith analysts or attends investor conferences apart from its own annual event is the somewhat controversial proof.\nOn the topic of the Reddit day-trading phenomenon, Munger put it a bit differently this week,telling the Wall Street Journal: “I hate this luring of people into engaging in speculative orgies.” And while taking questions during the shareholder meeting Wednesday for Daily Journal Corp., which he chairs, Munger had choice words for SPACs, too. “I think the world would be better off without them,” he said. “It's just that the investment banking profession will sell s--t as long as s--t can be sold.” He is truly the yin to Buffett’s yang.\nThe biggest omission from Buffett’s letter was any rumination on markets and valuations, nor were there signs that maybe he’d come to accept higher prices as the new normal. In fact, it seems to be just the opposite. Berkshire had to write down the value of its last major acquisition, Precision Castparts, by $11 billion. The aerospace-parts manufacturer was hit hard by the Covid-19 pandemic as travel stopped. “I paid too much for the company,” he wrote. Doesn’t sound like he’s eager to make that mistake again.\nInstead, Berkshire has been buying back stock. Share repurchases tallied almost $25 billion in 2020. Speaking to his “partners,” he wrote, “That action increased your ownership in all of Berkshire’s businesses by 5.2%,” and added that buybacks have continued since yearend. Last week, Berkshire alsorevealed large stakesin Chevron Corp. and Verizon Communications Inc. The company’s cash stockpile — so large it has become part of Buffett folklore — did come down a tad last quarter to $138 billion.\nThe War Chest\nPerhaps the only time a decline in cash is a good sign, because it means Warren Buffett found worthy purchases:\nThe topic of succession didn’t come up in Saturday’s memo either, but Buffett did reveal that the virtual May meeting will be held not in Omaha as usual but in Los Angeles, where a wheelchair-bound Munger lives. Vice Chairmen Greg Abel and Ajit Jain, who have been given more authority in recent years, will also take part in the Q&A. Perhaps more succession news is in store.\n“Nobody’s going to listen to Buffett. Buffett doesn’t have the energy to say what he said 30 and 40 years ago in 2021. And that’s OK, he’s earned the right to basically chill out and be the GOAT. But there has to be other folks that take that mantle, take the baton and do it as well to this younger generation in a language they understand.” This was Palihapitiya speaking in a Bloomberg TV interview earlier this month.\nMaybe Buffett’s style doesn’t fit the current moment, but a moment is all it is. Value investing has cycled in and out of fashion, and as fad securities sold off this week, there’s talk that it may be back “in” again. In any case, “energy” isn’t what earned Buffett his celebrity. It was patience, conviction, a sense of duty to his partners and a rejection of complex profit adjustments that are so often used to obscure and confuse. That philosophy should never go out of style.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361431725,"gmtCreate":1614252880667,"gmtModify":1704769649680,"author":{"id":"3576793623118858","authorId":"3576793623118858","name":"mepotat","avatar":"https://static.tigerbbs.com/1ad12f8fdd8e7c842eddb5876777f0f0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576793623118858","authorIdStr":"3576793623118858"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/361431725","repostId":"1162365074","repostType":4,"repost":{"id":"1162365074","kind":"news","pubTimestamp":1614230811,"share":"https://ttm.financial/m/news/1162365074?lang=&edition=fundamental","pubTime":"2021-02-25 13:26","market":"us","language":"en","title":"Here's Why GameStop Stock Just Exploded Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1162365074","media":"Motley Fool ","summary":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderate","content":"<p>Everyone is gearing up for short squeeze 2.0.</p>\n<p><b>What happened</b></p>\n<p>Shares of&nbsp;GameStop&nbsp;were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.</p>\n<p><b>So what</b></p>\n<p>Earlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that&nbsp;short interest&nbsp;for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a&nbsp;gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.</p>\n<p>When the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.</p>\n<p>Except, apparently, everyone simply regrouped for round two.</p>\n<p>Traders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini&nbsp;short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.</p>\n<p><b>Now what</b></p>\n<p>Last time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act.&nbsp;Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.</p>\n<p>For me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.</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>Here's Why GameStop Stock Just Exploded Higher</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\">\nHere's Why GameStop Stock Just Exploded Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 13:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/\">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.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162365074","content_text":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.\nSo what\nEarlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that short interest for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.\nWhen the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.\nExcept, apparently, everyone simply regrouped for round two.\nTraders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.\nNow what\nLast time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act. Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.\nFor me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574747299650124","authorId":"3574747299650124","name":"alicialjw","avatar":"https://static.tigerbbs.com/75446939ff21a7803eb236a4c6a5395c","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574747299650124","authorIdStr":"3574747299650124"},"content":"Nice you still holding?","text":"Nice you still holding?","html":"Nice you still holding?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361002013,"gmtCreate":1614177475532,"gmtModify":1704889157147,"author":{"id":"3576793623118858","authorId":"3576793623118858","name":"mepotat","avatar":"https://static.tigerbbs.com/1ad12f8fdd8e7c842eddb5876777f0f0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576793623118858","authorIdStr":"3576793623118858"},"themes":[],"htmlText":"wow!","listText":"wow!","text":"wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361002013","repostId":"1138795890","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":362919107,"gmtCreate":1614586110809,"gmtModify":1704772698152,"author":{"id":"3576793623118858","authorId":"3576793623118858","name":"mepotat","avatar":"https://static.tigerbbs.com/1ad12f8fdd8e7c842eddb5876777f0f0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576793623118858","authorIdStr":"3576793623118858"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/362919107","repostId":"1149277934","repostType":4,"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361431725,"gmtCreate":1614252880667,"gmtModify":1704769649680,"author":{"id":"3576793623118858","authorId":"3576793623118858","name":"mepotat","avatar":"https://static.tigerbbs.com/1ad12f8fdd8e7c842eddb5876777f0f0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576793623118858","authorIdStr":"3576793623118858"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/361431725","repostId":"1162365074","repostType":4,"repost":{"id":"1162365074","kind":"news","pubTimestamp":1614230811,"share":"https://ttm.financial/m/news/1162365074?lang=&edition=fundamental","pubTime":"2021-02-25 13:26","market":"us","language":"en","title":"Here's Why GameStop Stock Just Exploded Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1162365074","media":"Motley Fool ","summary":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderate","content":"<p>Everyone is gearing up for short squeeze 2.0.</p>\n<p><b>What happened</b></p>\n<p>Shares of&nbsp;GameStop&nbsp;were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.</p>\n<p><b>So what</b></p>\n<p>Earlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that&nbsp;short interest&nbsp;for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a&nbsp;gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.</p>\n<p>When the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.</p>\n<p>Except, apparently, everyone simply regrouped for round two.</p>\n<p>Traders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini&nbsp;short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.</p>\n<p><b>Now what</b></p>\n<p>Last time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act.&nbsp;Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.</p>\n<p>For me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.</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>Here's Why GameStop Stock Just Exploded Higher</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\">\nHere's Why GameStop Stock Just Exploded Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 13:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/\">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.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162365074","content_text":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.\nSo what\nEarlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that short interest for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.\nWhen the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.\nExcept, apparently, everyone simply regrouped for round two.\nTraders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.\nNow what\nLast time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act. Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.\nFor me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574747299650124","authorId":"3574747299650124","name":"alicialjw","avatar":"https://static.tigerbbs.com/75446939ff21a7803eb236a4c6a5395c","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574747299650124","authorIdStr":"3574747299650124"},"content":"Nice you still holding?","text":"Nice you still holding?","html":"Nice you still holding?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361002013,"gmtCreate":1614177475532,"gmtModify":1704889157147,"author":{"id":"3576793623118858","authorId":"3576793623118858","name":"mepotat","avatar":"https://static.tigerbbs.com/1ad12f8fdd8e7c842eddb5876777f0f0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576793623118858","authorIdStr":"3576793623118858"},"themes":[],"htmlText":"wow!","listText":"wow!","text":"wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361002013","repostId":"1138795890","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}