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2022-04-21

$NFLX 20220422 250.0 PUT$ready to pump some into $AMC Entertainment(AMC)$

2022-04-21

$AMC Entertainment(AMC)$bought 16 more. Let's goooo🚀🚀🚀

2022-03-24

💎👐

Why AMC's Bull-Versus-Bear Battle Is One to Avoid

2022-02-07

$AMC Entertainment(AMC)$it has been a while..💎👐

2022-01-19

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@tsubasaaki:$AMC Entertainment(AMC)$👏 👏 👏 👏 👏

2021-09-18

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2021-09-16

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2021-09-15

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2021-09-13

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2021-09-10

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2021-09-08

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2021-09-07

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2021-09-03

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2021-09-01

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Here's Why Skillz Stock Suddenly Spiked Today

2021-08-31

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2021-08-31

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href=\"https://ttm.financial/OPT/NFLX 20220422 250.0 PUT\">$NFLX 20220422 250.0 PUT$</a>ready to pump some into&nbsp;$AMC Entertainment(AMC)$&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/NFLX 20220422 250.0 PUT\">$NFLX 20220422 250.0 PUT$</a>ready to pump some into&nbsp;$AMC Entertainment(AMC)$&nbsp;","text":"$NFLX 20220422 250.0 PUT$ready to pump some into $AMC Entertainment(AMC)$","images":[{"img":"https://community-static.tradeup.com/news/85cfb0383ba9769014e4d6e93cc9b8ed","width":"1080","height":"1920"}],"top":2,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082183364","isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9082848179,"gmtCreate":1650553068323,"gmtModify":1676534750680,"author":{"id":"3578202042128081","authorId":"3578202042128081","authorIdStr":"3578202042128081","name":"Ces95","avatar":"https://static.tigerbbs.com/a34c87c6fac521846374a81d1c309fca","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578202042128081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>bought 16 more. Let's goooo🚀🚀🚀","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>bought 16 more. Let's goooo🚀🚀🚀","text":"$AMC Entertainment(AMC)$bought 16 more. Let's goooo🚀🚀🚀","images":[{"img":"https://community-static.tradeup.com/news/59d611a5ea0966d4e146a1f50c2cb0d1","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082848179","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9037662678,"gmtCreate":1648094492900,"gmtModify":1676534303659,"author":{"id":"3578202042128081","authorId":"3578202042128081","authorIdStr":"3578202042128081","name":"Ces95","avatar":"https://static.tigerbbs.com/a34c87c6fac521846374a81d1c309fca","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578202042128081"},"themes":[],"htmlText":"💎👐","listText":"💎👐","text":"💎👐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037662678","repostId":"2221446017","repostType":2,"repost":{"id":"2221446017","pubTimestamp":1648090481,"share":"https://ttm.financial/m/news/2221446017?lang=&edition=fundamental","pubTime":"2022-03-24 10:54","market":"us","language":"en","title":"Why AMC's Bull-Versus-Bear Battle Is One to Avoid","url":"https://stock-news.laohu8.com/highlight/detail?id=2221446017","media":"Motley Fool","summary":"AMC's stock is unpredictable in the short-term, but it seems like it can fight gravity for only so long.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>AMC is a meme stock with a lot of support from retail investors.</li><li>However, rising interest rates could make the market less friendly toward speculative stocks like AMC.</li><li>The company&#39;s recent investment into a struggling gold and silver miner is its latest red flag.</li></ul><p>Movie theater chain <b>AMC Entertainment Holdings</b> has been one of the most exciting stocks on Wall Street after its emergence as a meme stock and immense support from retail investors. Meme stocks can be wildly unpredictable, sometimes making significant price moves on little to no news.</p><p>But stocks like AMC can be risky to try to trade around; shares have been down almost 40% since the beginning of the year. Before buying shares, banking on a rebound, consider these reasons to pass on AMC.</p><p><b>The market environment has changed</b></p><p>The market is much different than in 2021 when the meme craze occurred. The Federal Reserve System, which is the central bank of the United States, has begun to increase the federal funds rate, the interest rate that commercial banks borrow at, to combat the rampant inflation taking place.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3ba266e84856e8b8469fe96d40a65f5\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image Source: Getty Images.</span></p><p>Higher interest rates tend to pressure stock valuations, and investors can begin flocking to &#34;safety&#34; in profitable companies with sound business fundamentals. This risk-off market could be bad for meme stocks like AMC and could help explain the stock&#39;s fall since the beginning of the year.</p><p><b>Fundamentals remain weak</b></p><p>AMC was on the ropes during the pandemic when lockdowns virtually shut down its theaters and put the company in danger of bankruptcy. The strong support from retail investors played arguably the most prominent role in keeping the business open. The company raised funds through debt and equity raises to survive.</p><p>But now we are left with the aftermath, and there are serious concerns for the forward-looking investor. You can see in the chart below that AMC&#39;s enterprise value, which is the combined value of a stock&#39;s shares and debt (minus cash), is still higher than the years before COVID-19. In other words, the company&#39;s new debt and shares have inflated the stock&#39;s <i>total</i> valuation, despite the per-share price continuing to fall.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4d972406c48a1847d0fa4c4669b03fb\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>AMC enterprise value. Data by YCharts.</span></p><p>AMC isn&#39;t doing so well from an operating standpoint, either; the company burned more than $700 million in 2021. I should note that AMC also closed the year with almost $1.6 billion in cash, so it isn&#39;t likely to go out of business soon. However, the company will probably need to turn a profit to be a fruitful long-term holding for investors.</p><p>The last time AMC had positive free cash flow was in 2019, when it generated just $61 million from $5.4 billion in revenue. Put another way, the company wasn&#39;t developing a lot of cash profit even before the pandemic.</p><p><b>Questionable management moves</b></p><p>AMC recently announced that it made a $28 million investment into <b>Hycroft Mining</b>, a gold and silver mine in Nevada. The stake gives AMC 22% ownership, with management describing the investment as an opportunity to benefit from helping a distressed business, much like AMC was a year ago.</p><p>Hycroft Mining isn&#39;t in a position to generate meaningful short-term value for itself or AMC, having made layoffs after ceasing operations at its mine last November. On the one hand, the investment is a small fraction of AMC&#39;s balance sheet, which has up to $1.8 billion in liquidity if you include untapped credit lines.</p><p>However, it might be fairer to question what business AMC has allocating capital to speculative assets like this. It&#39;s utterly unrelated to its own business, making it hard to accept that AMC would even know how to value an asset like this, let alone invest in it. That money probably could have been better spent, considering the theater operator is still not operating at a high level. Perhaps AMC could have purchased a stake in a streaming company, or an entertainment studio -- anything related to its core competence!</p><p><b>Investor takeaway</b></p><p>The market doesn&#39;t seem as friendly to speculative investments anymore, and investors are putting more emphasis on fundamentals and profits than in 2021. AMC has been one of the faces of the meme stock craze, but it could get increasingly difficult to find support for a valuation that&#39;s still above when the company was much healthier.</p><p>Share prices are ultimately a function of supply and demand for a stock in the short term, but fundamentals often tell the long-term story. Given AMC&#39;s continued struggles and head-scratching decision to allocate precious capital to a risky, unrelated investment, it might be best to stay away from AMC until more smoke clears from around its business. Investors can always revisit the stock if the company can show steady improvement over future quarters.</p></body></html>","source":"fool_stock","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>Why AMC's Bull-Versus-Bear Battle Is One to Avoid</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\">\nWhy AMC's Bull-Versus-Bear Battle Is One to Avoid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-24 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/23/why-amcs-bull-versus-bear-battle-is-one-to-avoid/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAMC is a meme stock with a lot of support from retail investors.However, rising interest rates could make the market less friendly toward speculative stocks like AMC.The company's recent ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/23/why-amcs-bull-versus-bear-battle-is-one-to-avoid/\">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://www.fool.com/investing/2022/03/23/why-amcs-bull-versus-bear-battle-is-one-to-avoid/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2221446017","content_text":"KEY POINTSAMC is a meme stock with a lot of support from retail investors.However, rising interest rates could make the market less friendly toward speculative stocks like AMC.The company's recent investment into a struggling gold and silver miner is its latest red flag.Movie theater chain AMC Entertainment Holdings has been one of the most exciting stocks on Wall Street after its emergence as a meme stock and immense support from retail investors. Meme stocks can be wildly unpredictable, sometimes making significant price moves on little to no news.But stocks like AMC can be risky to try to trade around; shares have been down almost 40% since the beginning of the year. Before buying shares, banking on a rebound, consider these reasons to pass on AMC.The market environment has changedThe market is much different than in 2021 when the meme craze occurred. The Federal Reserve System, which is the central bank of the United States, has begun to increase the federal funds rate, the interest rate that commercial banks borrow at, to combat the rampant inflation taking place.Image Source: Getty Images.Higher interest rates tend to pressure stock valuations, and investors can begin flocking to \"safety\" in profitable companies with sound business fundamentals. This risk-off market could be bad for meme stocks like AMC and could help explain the stock's fall since the beginning of the year.Fundamentals remain weakAMC was on the ropes during the pandemic when lockdowns virtually shut down its theaters and put the company in danger of bankruptcy. The strong support from retail investors played arguably the most prominent role in keeping the business open. The company raised funds through debt and equity raises to survive.But now we are left with the aftermath, and there are serious concerns for the forward-looking investor. You can see in the chart below that AMC's enterprise value, which is the combined value of a stock's shares and debt (minus cash), is still higher than the years before COVID-19. In other words, the company's new debt and shares have inflated the stock's total valuation, despite the per-share price continuing to fall.AMC enterprise value. Data by YCharts.AMC isn't doing so well from an operating standpoint, either; the company burned more than $700 million in 2021. I should note that AMC also closed the year with almost $1.6 billion in cash, so it isn't likely to go out of business soon. However, the company will probably need to turn a profit to be a fruitful long-term holding for investors.The last time AMC had positive free cash flow was in 2019, when it generated just $61 million from $5.4 billion in revenue. Put another way, the company wasn't developing a lot of cash profit even before the pandemic.Questionable management movesAMC recently announced that it made a $28 million investment into Hycroft Mining, a gold and silver mine in Nevada. The stake gives AMC 22% ownership, with management describing the investment as an opportunity to benefit from helping a distressed business, much like AMC was a year ago.Hycroft Mining isn't in a position to generate meaningful short-term value for itself or AMC, having made layoffs after ceasing operations at its mine last November. On the one hand, the investment is a small fraction of AMC's balance sheet, which has up to $1.8 billion in liquidity if you include untapped credit lines.However, it might be fairer to question what business AMC has allocating capital to speculative assets like this. It's utterly unrelated to its own business, making it hard to accept that AMC would even know how to value an asset like this, let alone invest in it. That money probably could have been better spent, considering the theater operator is still not operating at a high level. Perhaps AMC could have purchased a stake in a streaming company, or an entertainment studio -- anything related to its core competence!Investor takeawayThe market doesn't seem as friendly to speculative investments anymore, and investors are putting more emphasis on fundamentals and profits than in 2021. AMC has been one of the faces of the meme stock craze, but it could get increasingly difficult to find support for a valuation that's still above when the company was much healthier.Share prices are ultimately a function of supply and demand for a stock in the short term, but fundamentals often tell the long-term story. Given AMC's continued struggles and head-scratching decision to allocate precious capital to a risky, unrelated investment, it might be best to stay away from AMC until more smoke clears from around its business. Investors can always revisit the stock if the company can show steady improvement over future quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096098374,"gmtCreate":1644247399636,"gmtModify":1676533904263,"author":{"id":"3578202042128081","authorId":"3578202042128081","authorIdStr":"3578202042128081","name":"Ces95","avatar":"https://static.tigerbbs.com/a34c87c6fac521846374a81d1c309fca","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578202042128081"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>it has been a while..💎👐","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>it has been a while..💎👐","text":"$AMC Entertainment(AMC)$it has been a 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07:57","market":"other","language":"en","title":"Here's Why Skillz Stock Suddenly Spiked Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1139912608","media":"Motley Fool","summary":"Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming ","content":"<blockquote>\n <b>Someone just made a multimillion-dollar bet on this company.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>Shares of mobile-gaming platform&nbsp;<b><a href=\"https://laohu8.com/S/SKLZ\">Skillz Inc</a></b> were trading modestly higher for most of Tuesday's session. But around 1:30 p.m. EDT, the stock suddenly spiked higher, seemingly out of nowhere. As of this writing, the stock is up 12%. After a little digging, it seems that some chatter on social news platform Reddit could be responsible for the jump.</p>\n<p><b>So what</b></p>\n<p>A Reddit user posted that they had purchased $4.8 million in Skillz stock.&nbsp;Normally, I'd be reluctant to mention something like this. But there's no other news from Skillz today. Moreover, the time of the Reddit post roughly corresponds to the jump in Skillz stock. Therefore, this possibility can't be dismissed.</p>\n<p>To be clear, one Reddit user likely can't move Skillz stock this much on their own. But as we've seen with other stocks in 2021, a strong vote of confidence on Reddit can inspire many other investors to also purchase shares. And this combined effort can cause a stock to make moves.</p>\n<p><b>Now what</b></p>\n<p>Wondering if you should join the new wave of Skillz investors? I'll leave you with two thoughts. First, I wouldn't recommend ever buying or selling a stock based solely on what someone else is doing. At a minimum, you should know what the company does, and you should have a basic understanding of how its business model can create shareholder value over time.</p>\n<p>Second, remember that not everyone is playing the same game when it comes to the stock market. Someone might make a multimillion-dollar bet, but you don't know their personal financial situation or how long they plan to hold. When it comes to my approach, I'm interested in building adiversified portfolioof stocks that Ihold for many years. This strategy allows me to take advantage of the stock market's upward bias over time and also compensates for my own fallibility. This is the game I think other investors should be playing too.</p>\n<p>For the record, I'm a satisfied Skillz shareholder, and I believe it'sa company you should get to know. That said, I'd suggest investors<i>not</i>make rash buying decisions based on social media hype. If Skillz is a great long-term opportunity, it will still be there afteryou've done some research.</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 Skillz Stock Suddenly Spiked Today</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 Skillz Stock Suddenly Spiked Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 07:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming platform Skillz Inc were trading modestly higher for most of Tuesday's session. But around 1:30 p.m....</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"source_url":"https://www.fool.com/investing/2021/08/31/heres-why-skillz-stock-suddenly-spiked-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139912608","content_text":"Someone just made a multimillion-dollar bet on this company.\n\nWhat happened\nShares of mobile-gaming platform Skillz Inc were trading modestly higher for most of Tuesday's session. But around 1:30 p.m. EDT, the stock suddenly spiked higher, seemingly out of nowhere. As of this writing, the stock is up 12%. After a little digging, it seems that some chatter on social news platform Reddit could be responsible for the jump.\nSo what\nA Reddit user posted that they had purchased $4.8 million in Skillz stock. Normally, I'd be reluctant to mention something like this. But there's no other news from Skillz today. Moreover, the time of the Reddit post roughly corresponds to the jump in Skillz stock. Therefore, this possibility can't be dismissed.\nTo be clear, one Reddit user likely can't move Skillz stock this much on their own. But as we've seen with other stocks in 2021, a strong vote of confidence on Reddit can inspire many other investors to also purchase shares. And this combined effort can cause a stock to make moves.\nNow what\nWondering if you should join the new wave of Skillz investors? I'll leave you with two thoughts. First, I wouldn't recommend ever buying or selling a stock based solely on what someone else is doing. At a minimum, you should know what the company does, and you should have a basic understanding of how its business model can create shareholder value over time.\nSecond, remember that not everyone is playing the same game when it comes to the stock market. Someone might make a multimillion-dollar bet, but you don't know their personal financial situation or how long they plan to hold. When it comes to my approach, I'm interested in building adiversified portfolioof stocks that Ihold for many years. This strategy allows me to take advantage of the stock market's upward bias over time and also compensates for my own fallibility. This is the game I think other investors should be playing too.\nFor the record, I'm a satisfied Skillz shareholder, and I believe it'sa company you should get to know. That said, I'd suggest investorsnotmake rash buying decisions based on social media hype. 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