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2021-08-31

It’s $7+ when I encountered it and considering… then it shot up to $12+ last Tuesday and then $19+ last Thursday. I missed it!

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2022-05-11

Yes, I added more to ave down and holding for long 💪🏻💪🏻

Upstart Stock Plunges 59%: Time to Get In?

2021-09-01

?

Skillz shares surged more than 7% in premarket trading.

2021-08-31

It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!

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Go to Tiger App to see more news

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I missed it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818673467","repostId":"2163183878","repostType":4,"repost":{"id":"2163183878","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1630392924,"share":"https://ttm.financial/m/news/2163183878?lang=&edition=fundamental","pubTime":"2021-08-31 14:55","market":"us","language":"en","title":"This Meme Stock Just Raced Past GameStop As The New Money Machine","url":"https://stock-news.laohu8.com/highlight/detail?id=2163183878","media":"Investors","summary":"Still think GameStop is the moneymaking Meme-stock to own? That's so January. The crowd has moved on to a new darling outside the S&P 500.","content":"<p>Still think <b>GameStop</b> is the moneymaking Meme-stock to own? That's so January; the crowd has moved on.</p>\n<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a></b> erupted out of nowhere this month and is suddenly stealing the Reddit-crowd's affection. And for good reason: It's fast pushing GameStop aside. Shares of Support.com are up 1,583% just this year. That puts it ahead of the still-impressive 1,041% year-to-date rise of GameStop.</p>\n<p>Just Monday, SPRT stock is up 9.78, or nearly 40%, to 36.10. Shares are up more than 200%, just in the past month.</p>\n<p>And now, Support.com is the No. 2 top stock among all the stocks in S&amp;P 1500 and S&amp;P Completion indexes this year. And it's making a run at the No. 1 spot still hung onto by <b>AMC Entertainment</b> with its 2,017% gain this year.</p>\n<p>And that difference is adding up to real money. Had you plunked down $10,000 on Support.com in January, it would now be worth $168,319. That's already nearly 50% more than you would have made in that time on GameStop. And it's only 25% shy of the $211,698 you'd have if you owned AMC Entertainment.</p>\n<h2>Support.com Comes Out Of Nowhere</h2>\n<p>What is Support.com? It's a tiny $638 million in market value company that provides tech support for employees who work from home. Yes, they're the people who tell you to reboot your computer when your email isn't working.</p>\n<p>And this is certainly not a company on Wall Street's radar. There are no current analysts following the stock, says S&amp;P Global Market Intelligence. That means there are no valid earnings or revenue estimates, much less a price target.</p>\n<p>The company reported having total assets of $46 million and liabilities of $5.7 million at the end of the last quarter in June. And during the period, it reported a net loss of $799,000 on revenue of nearly $8 million. Keep in mind, it made $617,000 in the same year-ago period on 33% higher revenue.</p>\n<p>The company is due to report its next quarterly results on Nov. 12. It's not in any major market indices, such as the S&amp;P Small Cap 600, much less the S&amp;P 500.</p>\n<h2>What's The Draw Of Support.com?</h2>\n<p>Investors are looking to Support.com as the latest opportunity to rush into a stock with heavy short interest and run it up.</p>\n<p>More than 25% of Support.com's shares outstanding are still in the hands of short-sellers. That's much higher than the 18% of AMC Entertainment shares being shorted and just 10% of GameStop.</p>\n<p>When a stock is heavily shorted like Support.com, bearish investors borrow the stock and sell the shares. But if the stock rises, these shorts are forced to buy the shares back. If they don't, they face unlimited losses. The scramble by nervous shorts to buy the stock can cause an explosive rally.</p>\n<p>Savvy investors know to look for growth companies with solid fundamentals and stock action. That is not Support.com. But investors are enjoying the ride for now.</p>\n<h2>Which Stocks Turned $10,000 Into The Biggest Gains?</h2>\n<p><i>S&amp;P 1500 and Completion Index stocks up the most this year so far</i></p>\n<table>\n <thead>\n  <tr>\n   <th>Company</th>\n   <th>Symbol</th>\n   <th>Stock YTD % ch.</th>\n   <th>What $10,000 invested this year is worth now</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><b>AMC Entertainment</b></td>\n   <td></td>\n   <td><b>2,019.3%</b></td>\n   <td><b>$211,934</b></td>\n  </tr>\n  <tr>\n   <td>Support.com</td>\n   <td></td>\n   <td>1,560.5%</td>\n   <td>$166,045</td>\n  </tr>\n  <tr>\n   <td>GameStop</td>\n   <td></td>\n   <td>1,039.4%</td>\n   <td>$113,941</td>\n  </tr>\n  <tr>\n   <td>Vertex Energy</td>\n   <td></td>\n   <td>924.9%</td>\n   <td>$102,487</td>\n  </tr>\n  <tr>\n   <td>Cassava Sciences</td>\n   <td></td>\n   <td>666.1%</td>\n   <td>$76,613</td>\n  </tr>\n </tbody>\n</table>\n<h5>Sources: IBD, S&amp;P Global Market Intelligence</h5>","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>This Meme Stock Just Raced Past GameStop As The New Money Machine</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\">\nThis Meme Stock Just Raced Past GameStop As The New Money Machine\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-08-31 14:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Still think <b>GameStop</b> is the moneymaking Meme-stock to own? That's so January; the crowd has moved on.</p>\n<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a></b> erupted out of nowhere this month and is suddenly stealing the Reddit-crowd's affection. And for good reason: It's fast pushing GameStop aside. Shares of Support.com are up 1,583% just this year. That puts it ahead of the still-impressive 1,041% year-to-date rise of GameStop.</p>\n<p>Just Monday, SPRT stock is up 9.78, or nearly 40%, to 36.10. Shares are up more than 200%, just in the past month.</p>\n<p>And now, Support.com is the No. 2 top stock among all the stocks in S&amp;P 1500 and S&amp;P Completion indexes this year. And it's making a run at the No. 1 spot still hung onto by <b>AMC Entertainment</b> with its 2,017% gain this year.</p>\n<p>And that difference is adding up to real money. Had you plunked down $10,000 on Support.com in January, it would now be worth $168,319. That's already nearly 50% more than you would have made in that time on GameStop. And it's only 25% shy of the $211,698 you'd have if you owned AMC Entertainment.</p>\n<h2>Support.com Comes Out Of Nowhere</h2>\n<p>What is Support.com? It's a tiny $638 million in market value company that provides tech support for employees who work from home. Yes, they're the people who tell you to reboot your computer when your email isn't working.</p>\n<p>And this is certainly not a company on Wall Street's radar. There are no current analysts following the stock, says S&amp;P Global Market Intelligence. That means there are no valid earnings or revenue estimates, much less a price target.</p>\n<p>The company reported having total assets of $46 million and liabilities of $5.7 million at the end of the last quarter in June. And during the period, it reported a net loss of $799,000 on revenue of nearly $8 million. Keep in mind, it made $617,000 in the same year-ago period on 33% higher revenue.</p>\n<p>The company is due to report its next quarterly results on Nov. 12. It's not in any major market indices, such as the S&amp;P Small Cap 600, much less the S&amp;P 500.</p>\n<h2>What's The Draw Of Support.com?</h2>\n<p>Investors are looking to Support.com as the latest opportunity to rush into a stock with heavy short interest and run it up.</p>\n<p>More than 25% of Support.com's shares outstanding are still in the hands of short-sellers. That's much higher than the 18% of AMC Entertainment shares being shorted and just 10% of GameStop.</p>\n<p>When a stock is heavily shorted like Support.com, bearish investors borrow the stock and sell the shares. But if the stock rises, these shorts are forced to buy the shares back. If they don't, they face unlimited losses. The scramble by nervous shorts to buy the stock can cause an explosive rally.</p>\n<p>Savvy investors know to look for growth companies with solid fundamentals and stock action. That is not Support.com. But investors are enjoying the ride for now.</p>\n<h2>Which Stocks Turned $10,000 Into The Biggest Gains?</h2>\n<p><i>S&amp;P 1500 and Completion Index stocks up the most this year so far</i></p>\n<table>\n <thead>\n  <tr>\n   <th>Company</th>\n   <th>Symbol</th>\n   <th>Stock YTD % ch.</th>\n   <th>What $10,000 invested this year is worth now</th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><b>AMC Entertainment</b></td>\n   <td></td>\n   <td><b>2,019.3%</b></td>\n   <td><b>$211,934</b></td>\n  </tr>\n  <tr>\n   <td>Support.com</td>\n   <td></td>\n   <td>1,560.5%</td>\n   <td>$166,045</td>\n  </tr>\n  <tr>\n   <td>GameStop</td>\n   <td></td>\n   <td>1,039.4%</td>\n   <td>$113,941</td>\n  </tr>\n  <tr>\n   <td>Vertex Energy</td>\n   <td></td>\n   <td>924.9%</td>\n   <td>$102,487</td>\n  </tr>\n  <tr>\n   <td>Cassava Sciences</td>\n   <td></td>\n   <td>666.1%</td>\n   <td>$76,613</td>\n  </tr>\n </tbody>\n</table>\n<h5>Sources: IBD, S&amp;P Global Market Intelligence</h5>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163183878","content_text":"Still think GameStop is the moneymaking Meme-stock to own? That's so January; the crowd has moved on.\nSupport.com erupted out of nowhere this month and is suddenly stealing the Reddit-crowd's affection. And for good reason: It's fast pushing GameStop aside. Shares of Support.com are up 1,583% just this year. That puts it ahead of the still-impressive 1,041% year-to-date rise of GameStop.\nJust Monday, SPRT stock is up 9.78, or nearly 40%, to 36.10. Shares are up more than 200%, just in the past month.\nAnd now, Support.com is the No. 2 top stock among all the stocks in S&P 1500 and S&P Completion indexes this year. And it's making a run at the No. 1 spot still hung onto by AMC Entertainment with its 2,017% gain this year.\nAnd that difference is adding up to real money. Had you plunked down $10,000 on Support.com in January, it would now be worth $168,319. That's already nearly 50% more than you would have made in that time on GameStop. And it's only 25% shy of the $211,698 you'd have if you owned AMC Entertainment.\nSupport.com Comes Out Of Nowhere\nWhat is Support.com? It's a tiny $638 million in market value company that provides tech support for employees who work from home. Yes, they're the people who tell you to reboot your computer when your email isn't working.\nAnd this is certainly not a company on Wall Street's radar. There are no current analysts following the stock, says S&P Global Market Intelligence. That means there are no valid earnings or revenue estimates, much less a price target.\nThe company reported having total assets of $46 million and liabilities of $5.7 million at the end of the last quarter in June. And during the period, it reported a net loss of $799,000 on revenue of nearly $8 million. Keep in mind, it made $617,000 in the same year-ago period on 33% higher revenue.\nThe company is due to report its next quarterly results on Nov. 12. It's not in any major market indices, such as the S&P Small Cap 600, much less the S&P 500.\nWhat's The Draw Of Support.com?\nInvestors are looking to Support.com as the latest opportunity to rush into a stock with heavy short interest and run it up.\nMore than 25% of Support.com's shares outstanding are still in the hands of short-sellers. That's much higher than the 18% of AMC Entertainment shares being shorted and just 10% of GameStop.\nWhen a stock is heavily shorted like Support.com, bearish investors borrow the stock and sell the shares. But if the stock rises, these shorts are forced to buy the shares back. If they don't, they face unlimited losses. The scramble by nervous shorts to buy the stock can cause an explosive rally.\nSavvy investors know to look for growth companies with solid fundamentals and stock action. That is not Support.com. But investors are enjoying the ride for now.\nWhich Stocks Turned $10,000 Into The Biggest Gains?\nS&P 1500 and Completion Index stocks up the most this year so far\n\n\n\nCompany\nSymbol\nStock YTD % ch.\nWhat $10,000 invested this year is worth now\n\n\n\n\nAMC Entertainment\n\n2,019.3%\n$211,934\n\n\nSupport.com\n\n1,560.5%\n$166,045\n\n\nGameStop\n\n1,039.4%\n$113,941\n\n\nVertex Energy\n\n924.9%\n$102,487\n\n\nCassava Sciences\n\n666.1%\n$76,613\n\n\n\nSources: IBD, S&P Global Market Intelligence","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818670796,"gmtCreate":1630407871015,"gmtModify":1676530294496,"author":{"id":"3583837462849610","authorId":"3583837462849610","name":"Hohola","avatar":"https://static.tigerbbs.com/e1d530859060e98dea4738bba85a469a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583837462849610","authorIdStr":"3583837462849610"},"themes":[],"htmlText":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","listText":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","text":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818670796","repostId":"2163183878","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":818673467,"gmtCreate":1630408037259,"gmtModify":1676530294816,"author":{"id":"3583837462849610","authorId":"3583837462849610","name":"Hohola","avatar":"https://static.tigerbbs.com/e1d530859060e98dea4738bba85a469a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583837462849610","authorIdStr":"3583837462849610"},"themes":[],"htmlText":"It’s $7+ when I encountered it and considering… then it shot up to $12+ last Tuesday and then $19+ last Thursday. I missed it!","listText":"It’s $7+ when I encountered it and considering… then it shot up to $12+ last Tuesday and then $19+ last Thursday. I missed it!","text":"It’s $7+ when I encountered it and considering… then it shot up to $12+ last Tuesday and then $19+ last Thursday. I missed it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818673467","repostId":"2163183878","repostType":4,"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9065777704,"gmtCreate":1652241342108,"gmtModify":1676535060550,"author":{"id":"3583837462849610","authorId":"3583837462849610","name":"Hohola","avatar":"https://static.tigerbbs.com/e1d530859060e98dea4738bba85a469a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583837462849610","authorIdStr":"3583837462849610"},"themes":[],"htmlText":"Yes, I added more to ave down and holding for long 💪🏻💪🏻","listText":"Yes, I added more to ave down and holding for long 💪🏻💪🏻","text":"Yes, I added more to ave down and holding for long 💪🏻💪🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9065777704","repostId":"1178232375","repostType":4,"repost":{"id":"1178232375","kind":"news","pubTimestamp":1652237283,"share":"https://ttm.financial/m/news/1178232375?lang=&edition=fundamental","pubTime":"2022-05-11 10:48","market":"us","language":"en","title":"Upstart Stock Plunges 59%: Time to Get In?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178232375","media":"TipRanks","summary":"On the surface, Upstart (UPST) is a great idea. Take a lending platform and power it with artificial","content":"<div>\n<p>On the surface, Upstart (UPST) is a great idea. Take a lending platform and power it with artificial intelligence (AI) systems that can use a wide range of potential indicators to determine the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/upstart-plunges-59-time-to-get-in/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Upstart Stock Plunges 59%: Time to Get In?</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\">\nUpstart Stock Plunges 59%: Time to Get In?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-11 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/upstart-plunges-59-time-to-get-in/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On the surface, Upstart (UPST) is a great idea. Take a lending platform and power it with artificial intelligence (AI) systems that can use a wide range of potential indicators to determine the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/upstart-plunges-59-time-to-get-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"https://www.tipranks.com/news/article/upstart-plunges-59-time-to-get-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178232375","content_text":"On the surface, Upstart (UPST) is a great idea. Take a lending platform and power it with artificial intelligence (AI) systems that can use a wide range of potential indicators to determine the potential creditworthiness of a loan applicant.That sounds like a good plan, but investors are increasingly unsure. Upstart is currently down a whopping 59% on the day.However, I’m bullish on Upstart. While this may be a longer-term play, and one that’s definitely going to be hit by a possible upcoming recession, Upstart is a solid idea that should provide value in any kind of decent economy.The last 12 months for Upstart shares feature two valleys and a peak. The company held fairly closely to around $120 a share for much of June and July 2021 before launching into a massive upward spike.In October, the company briefly challenged $400 per share. That turned around badly, as the company lost over 90% of its value between there and today, where it trades at around $32 per share.Meanwhile, the latest news proved little help to Upstart’s sagging share price. The company turned in a win for its first-quarter results earlier this week, but its full-year outlook was a much different story.The company reduced its total revenue forecast for 2022 from its original $1.4 billion to just $1.25 billion. That’s not exactly a massive drop, but it’s still less than expected.Further, Upstart looks to turn in a miss on second-quarter revenue figures as well. Upstart expects revenue between $295 million and $305 million. Sounds good, but Refinitiv analysts were looking for $335 million this quarter.Wall Street’s TakeTurning to Wall Street, Upstart has a Hold consensus rating. That’s based on five Buys, five Holds, and two Sells assigned in the past three months. The average Upstart price target of $97.08 implies 202.7% upside potential.Analyst price targets range from a low of $28 per share to a high of $255 per share.A Mixed Picture for Investor SentimentThe investor sentiment picture, meanwhile, is clearly holding out some hope for the company’s future, despite the long, long drop it’s taken over the last few months.Hedge funds, for example—as based on the TipRanks 13-F Tracker—are increasingly buying in. For the last two quarters, hedge funds have increased their positions in Upstart.From June 2021 to September 2021, hedge funds upped their involvement from just under 1.7 million shares to just under 4.3 million shares. A much more modest hike followed between September and December, with December coming in at just under 4.86 million shares.Meanwhile, the insider trading picture at Upstart is much bleaker. “Sell” is the order of the day, as, in the last three months, there have been no buying transactions at all but 14 selling transactions. The full year features 72 selling transactions to just 23 buying transactions.As for retail investors who hold portfolios on TipRanks, that too is a surprisingly mixed picture. The number of investors on TipRanks whose portfolios hold Upstart is down 0.1% in the last seven days but is up 0.2% in the last 30 days.Nonetheless, the combination of these factors, as well as other factors, has allowed UPST to achieve a 9 out of 10 Smart Score Rating on TipRanks, implying that the stock can outperform the market from here.Regarding Upstart’s dividend history, sadly, it does not exist, nor does it look to start any time soon.Right Place, Wrong TimeThere’s good news and bad news when it comes to Upstart. Indeed, that seems to be the case for a lot of financial technology companies right now. Upstart is cratering; we all know that much.However, we also saw Brazil’s digital bank Nu Holdings (NU) slip in trading yesterday. Further, we saw credit giant Mastercard (MA) slip in yesterday’s trading as well. Both Nu and Mastercard are down today as well, so far.So what do these three companies have in common? Exposure to lending.It’s a bad time to be making loans right now. Like Upstart’s CFO Sanjay Datta noted, there are “general macro uncertainties” as well as “the emerging prospect of a recession later this year.” Throw in climbing interest rates, and the picture only worsens from there.There’s likely to be less lending in general, which hurts Upstart’s primary focus. By using artificial intelligence to analyze potential borrowers’ creditworthiness, it improves the rate at which loans can be approved. It also stands to reason that more of those loans will come back valid.None of these traits are especially useful when there are fewer loans to make overall. Granted, a better chance of recovering the loan is welcome. However, when no one’s borrowing in the first place, how much good does it do to have a better chance at recovery?So yes, right now is a bad time for Upstart. It’s likely to see some significant decline in its lending activity going forward as borrowing slows. However, that’s not likely to remain the case forever. If it does, we have much bigger problems to face.A recovery in the economy, in general, would likely turn the picture around for Upstart and its contemporaries. This rising tide would lift all—or at least most—boats, and Upstart would be back in the thick of it.Concluding ViewsRight now, it may not seem like a great idea to buy in on Upstart. There’s a point there, especially given that the company is about to see some of the worst periods for lending activity in quite some time. However, this isn’t likely to last forever. When its primary stock in trade, high-quality loans, is back in demand again, its share price should climb with it.The company is currently trading well below even its lowest price targets. A return to its average target represents about a three-bagger, and that’s without even considering the roughly eight-bagger that the highest target would represent.There are enough reasons to be bullish on Upstart, and anyone who’s willing to stick with it for the long term is likely to be rewarded in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816801331,"gmtCreate":1630484294623,"gmtModify":1676530316050,"author":{"id":"3583837462849610","authorId":"3583837462849610","name":"Hohola","avatar":"https://static.tigerbbs.com/e1d530859060e98dea4738bba85a469a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583837462849610","authorIdStr":"3583837462849610"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816801331","repostId":"1110460683","repostType":4,"repost":{"id":"1110460683","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630483823,"share":"https://ttm.financial/m/news/1110460683?lang=&edition=fundamental","pubTime":"2021-09-01 16:10","market":"us","language":"en","title":"Skillz shares surged more than 7% in premarket trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1110460683","media":"Tiger Newspress","summary":"Skillz shares surged more than 7% in premarket trading.\nA Reddit user posted that they had purchased","content":"<p>Skillz&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;7%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0a32486a8be6b6f805078c68af182e17\" tg-width=\"877\" tg-height=\"601\" referrerpolicy=\"no-referrer\">A Reddit user posted that they had purchased $4.8 million in Skillz stock&nbsp;yesterday,&nbsp;and&nbsp;the&nbsp;stock&nbsp;was&nbsp;up&nbsp;11.14%&nbsp;on&nbsp;Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Skillz shares surged more than 7% in premarket trading.</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\">\nSkillz shares surged more than 7% in premarket trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-01 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Skillz&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;7%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/0a32486a8be6b6f805078c68af182e17\" tg-width=\"877\" tg-height=\"601\" referrerpolicy=\"no-referrer\">A Reddit user posted that they had purchased $4.8 million in Skillz stock&nbsp;yesterday,&nbsp;and&nbsp;the&nbsp;stock&nbsp;was&nbsp;up&nbsp;11.14%&nbsp;on&nbsp;Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110460683","content_text":"Skillz shares surged more than 7% in premarket trading.\nA Reddit user posted that they had purchased $4.8 million in Skillz stock yesterday, and the stock was up 11.14% on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818670796,"gmtCreate":1630407871015,"gmtModify":1676530294496,"author":{"id":"3583837462849610","authorId":"3583837462849610","name":"Hohola","avatar":"https://static.tigerbbs.com/e1d530859060e98dea4738bba85a469a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583837462849610","authorIdStr":"3583837462849610"},"themes":[],"htmlText":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","listText":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","text":"It’s $7+ when I first encountered it and considering it. Then it suddenly shot up to $12+ last Tuesday and $19+ last Thursday. I just missed it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818670796","repostId":"2163183878","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}