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SamuelC

SamuelC

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2021-09-08

$Vinco Ventures, Inc.(BBIG)$Pog

2021-08-19

$Palantir Technologies Inc.(PLTR)$Daily

2021-09-01

Amazing read

Why I’m Still Rage-Buying Meme Stocks

2021-08-10

$Palantir Technologies Inc.(PLTR)$It broke 23!!!

2021-08-13

$Palantir Technologies Inc.(PLTR)$Pog

2021-09-02

$Tattooed Chef, Inc(TTCF)$The breakout is happening

2021-08-28

$Vinco Ventures, Inc.(BBIG)$Monday

2021-08-28

$Support.com(SPRT)$This is the best thing I’ve seen in a while

2021-08-16

$Amazon.com(AMZN)$Daily

2021-09-03

$Tattooed Chef, Inc(TTCF)$Breakout

2021-09-02

$Tattooed Chef, Inc(TTCF)$Lfg

2021-08-23

$NVIDIA Corp(NVDA)$Daily

2021-08-21

$NVIDIA Corp(NVDA)$Pog

2021-08-10

$Sphere 3D(ANY)$[Cry] [Cry] [Drowsy] [Drowsy] [Sigh] [Sigh]

2021-08-06

$Palantir Technologies Inc.(PLTR)$It just can’t seem to break 23

2021-07-27

$Palantir Technologies Inc.(PLTR)$[Sad]

2021-09-17

$Palantir Technologies Inc.(PLTR)$What a breakout

2021-09-10

$Salesforce.com(CRM)$What the fuck is this

2021-09-09

$Digital Turbine(APPS)$great co

2021-09-08

$Vinco Ventures, Inc.(BBIG)$Pog

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10:29","market":"us","language":"en","title":"7 Meme Stocks to Sell Before They Go to $0","url":"https://stock-news.laohu8.com/highlight/detail?id=1101501778","media":"investorplace","summary":"Social media traders on communities such as Reddit’sr/WallStreetBets have had an amazing 2021. All o","content":"<p>Social media traders on communities such as&nbsp;<b>Reddit’s</b>r/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in&nbsp;<b>GameStop</b>(NYSE:<b><u>GME</u></b>),&nbsp;<b>BlackBerry</b>(NYSE:<b><u>BB</u></b>) and other such meme stocks during their historic January short squeezes.</p>\n<p>After&nbsp;Robinhood&nbsp;temporarily suspended trading in GME stock and other meme names, however, it seemed like the party was over. GME stock, for example crashed from $400 to $40 at one point. However, the Reddit traders have had the last laugh. GameStop surged once again in May and this time, it has held onto its gains.</p>\n<p>The WallStreetBets community remains a large and powerful force. While there isn’t quite the same buzz as there was in January — and admittedly some of the energy has moved to cryptocurrencies — meme stocks remain a potent force. However, not everything that gets popular on Reddit or has a high short interest will become the next GameStop. In fact, there are quite a few firms that have scarcely little going on to justify their current valuations.</p>\n<p>These are seven meme stocks to sell now, while their share prices are still at respectable levels:</p>\n<ul>\n <li><b>Vinco Ventures</b>(NASDAQ:<b><u>BBIG</u></b>)</li>\n <li><b>iBio</b>(NYSEAMERICAN:<b><u>IBIO</u></b>)</li>\n <li><b>Genius Brands</b>(NASDAQ:<b><u>GNUS</u></b>)</li>\n <li><b>XspresSpa Group</b>(NASDAQ:<b><u>XSPA</u></b>)</li>\n <li><b>Electrameccanica</b>(NASDAQ:<b><u>SOLO</u></b>)</li>\n <li><b>Uranium Energy</b>(NYSEAMERICAN:<b><u>UEC</u></b>)</li>\n <li><b>Sphere 3D</b>(NASDAQ:<b><u>ANY</u></b>)</li>\n</ul>\n<p>Meme Stocks to Sell: Vinco Ventures (BBIG)</p>\n<p>Vinco Ventures got one part of the social media playbook right: It has a great ticker symbol. BBIG practically just begs to be “memed.” The Reddit community around the stock is full of clever wordplay for the hot media firm.</p>\n<p>As for the actual business? It’s much less promising. The company brings back a key figure from theMoviePass debacleto head up a TikTok rival. It also has an operation devoted to non-fungible tokens (NFTs). Perhaps there is a place for a TikTok clone in a world that is increasingly preoccupied about cybersecurity threats and the Chinese government’s behavior.</p>\n<p>Still, given the relative small scale of the video business, investors should be highly skeptical of the stock here. Judging by the CEO’s past experience with MoviePass, there’s a good chance Vinco could burn through a load of investor funds before ignominiously ceasing operations.</p>\n<p>iBio (IBIO)</p>\n<p>In 2020, IBIO stock spiked from 30 cents to as high as $6 per share. A previously little-known biotech firm, it generated a ton of attention around a potential Covid-19 vaccine. However, historically, iBio has enjoyed similar waves of positive attention from press releases about potential products for other pandemics. However, the company has never managed to convert that potential into real-world revenues or profits.</p>\n<p>Covid-19 appears to be playing out the same way for iBio. Despite numerous seeminglypositive developments, the company has little to show for it. The company generated just $3 million in revenues over the past 12 months. More surprisingly, it spent just $7 million on research and development costs over the past year. It seems unlikely that a leading Covid-19 vaccine will be developed on that sort of barebones budget.</p>\n<p>While the peak of social media excitement around IBIO stock was back in 2020, trading volume has remained elevated this year. Traders are looking at the 7% short interest in shares and hoping it makes another run-up. However, it seems the market opportunity is passing for Covid-19 biotechs that don’t have a product on the market yet.</p>\n<p>And don’t let the low share price fool you. IBIO has a sizable $250 million market capitalization given the company’s serial stock issuances. Shares will likely fall far lower as any residual interest in the company’s early stage Covid projects fade.</p>\n<p>Meme Stocks to Sell: Genius Brands (GNUS)</p>\n<p>Genius Brands is a fledgling media company attempted to carve out a niche for itself in the children’s entertainment space. The company seemed ideal for a meme stock, as it had a catchy name and is targeting an industry that resonates with a large group of traders.</p>\n<p>That said, despite a blizzard of press releases over the past year, Genius has failed to transform any of its potential into financial results. As our Josh Enomoto recently put it,speculation might not save GNUS stock. The company’s (lack of) positive fundamentals is really starting to drag on the company.</p>\n<p>In the company’s most recent quarter, it brought in just $1.1 million of revenues. Yes, you read that figure right. Meanwhile, it generated a GAAP loss of 27 cents per share on that quarter. That’s a rather sizable loss for a company whose stock trades south of $2. Genius can keep touting its new shows and celebrity deals, but with quarterly revenues this small, the company is light years away from becoming a media empire.</p>\n<p>XpresSpa (XSPA)</p>\n<p>XpresSpa is a company focused on airport-based health and wellness centers. Prior to Covid-19, these could be categorized as day spas that helped travelers relax and pass the time between flights. That line of business became untenable due to the pandemic. So the company quickly pivoted to running Covid-19 testing centers out of its airport locations.</p>\n<p>In theory, this made a lot of sense. In practice, however, demand for testing services at airports appears to be relatively low. Last quarter, the company generated just $9.1 million in revenues while losing $4.7 million overall. While the pandemic continues to drag on, it seems airport testing simply hasn’t become a large enough market to allow the company to reach profitability.</p>\n<p>Meanwhile, it’s unclear on what timeline the company might be able to revert to its prior business model. It should also be noted that the company lost money before the pandemic as well. While momentum traders bid up XSPA stock as a Covid-19 play, the business has shown few signs of tangible success at any point.</p>\n<p>A baffling thing about XpresSpa is that it recently announced a 15 million sharestock buyback. In general, share buybacks are good for shareholders. However, typically companies actually generate profits and positive cash flow from operations before buying back their own stock.</p>\n<p>XpresSpa, by contrast, has a long history of large operating losses. It has had to issue stock in the past to fund its operations. So it’s unclear why the company would spend precious capital now to repurchase shares rather than invest those funds into helping the business reach profitability. This seems like a gimmick to try to induce a short squeeze rather than a strategic financial decision. In any case, traders shouldn’t get on board with XSPA stock.</p>\n<p>Meme Stocks to Sell: Electrameccanica (SOLO)</p>\n<p>Electrameccanica was a hot electric vehicle (EV) stock early in 2021. Shares spiked from $3 to as high as $13 on excitement around the launch of its innovative one-seat EV. As the company notes, 80% of vehicle trips are with just one person, so the SOLO vehicle aims to provide everything a single person would need for their daily commute and driving around town.</p>\n<p>The car is eye-catching and the concept is certainly different. However, it’s far from certain that much actual consumer demand exists for this product. While most vehicle trips may be without passengers, it’s still useful to have room for more people or cargo on occasion. And SOLO’s price point is too high for most people to buy one in addition to their usual larger vehicle.</p>\n<p>Last quarter, the company produced just 25 SOLO vehicles. Its lifetime total of 78 vehicles produced is hardly more inspiring. It wasn’t hard to see the appeal of SOLO stock back when there were few other publicly traded EV stocks. Now, however, as the market is flooded with EV alternatives, a novelty like Electrameccanica has long since lost its appeal.</p>\n<p>Uranium Energy (UEC)</p>\n<p>Uranium has positively exploded in recent weeks. A popular WallStreetBets post, “Uranium: Start of a Commodity Supercycle”published two weeks ago has taken on viral fame.</p>\n<p>That original post has some solid due diligence to it. The author explains the theory of a potential supply shortage in the uranium market for nuclear power plants. It also goes through the mechanics of how a trust that is buying physical uranium could trigger a short squeeze.</p>\n<p>That’s all well and good, but it matters little to UEC stock. Uranium Energy is a company that intends to mine uranium in the United States. However, it has largely failed at this. It last generated commercial revenues from uranium production way back in 2015. Now, the company keeps running via stock offerings.</p>\n<p>Management’s latest corporate presentation suggests that production may start up again at some point soon. That’s fine. But the company has gone many years now without generating revenues and didn’t produce an annual profit in a single year over the past decade. Now, though, thanks to the uranium short squeeze, UEC stock’s market capitalization has exploded to $750 million. That’s far too high for a company with such a spotty track record.</p>\n<p>Meme Stocks to Sell: Sphere 3D (ANY)</p>\n<p>Sphere3D is a small long-running technology company. Shares traded up to a split-adjusted $2,000 each at one point back in 2014. The company had merged together a variety of assets and aimed to become a leading virtualization software firm.</p>\n<p>Sphere3D reached a peak of $76 million in revenues in 2016. Operations soon collapsed, however, with annual revenues dropping more than 90% since then. The stock price imploded along with the business. So, not surprisingly, Sphere3D is now pivoting.</p>\n<p>To that end, Sphere3D is merging with a cryptocurrency mining firm, Gryphon Digital Mining. Gryphon aims to revolutionize the crypto-mining space through a focus on costs. It has secured lower-cost hydroelectric power which could give it a leg up on the competition. However, there are a ton of crypto mining firms out there now.</p>\n<p>It’s much too early to say that Sphere 3D and Gryphon will be able to disrupt the existing leaders. And, given Sphere 3D’s unfortunate history, traders should look to take profits on the rare occasions when ANY stock rallies.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Meme Stocks to Sell Before They Go to $0</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\">\n7 Meme Stocks to Sell Before They Go to $0\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 10:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/7-meme-stocks-to-sell-before-they-go-to-0/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Social media traders on communities such as Reddit’sr/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop(NYSE:GME), BlackBerry(...</p>\n\n<a href=\"https://investorplace.com/2021/09/7-meme-stocks-to-sell-before-they-go-to-0/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UEC":"Uranium Energy Corp","BBIG":"Vinco Ventures, Inc.","SOLO":"Electrameccanica Vehicles Corp.","ANY":"Sphere 3D Corp","IBIO":"iBio Inc."},"source_url":"https://investorplace.com/2021/09/7-meme-stocks-to-sell-before-they-go-to-0/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101501778","content_text":"Social media traders on communities such as Reddit’sr/WallStreetBets have had an amazing 2021. All of Wall Street stopped what it was doing to watch the excitement in GameStop(NYSE:GME), BlackBerry(NYSE:BB) and other such meme stocks during their historic January short squeezes.\nAfter Robinhood temporarily suspended trading in GME stock and other meme names, however, it seemed like the party was over. GME stock, for example crashed from $400 to $40 at one point. However, the Reddit traders have had the last laugh. GameStop surged once again in May and this time, it has held onto its gains.\nThe WallStreetBets community remains a large and powerful force. While there isn’t quite the same buzz as there was in January — and admittedly some of the energy has moved to cryptocurrencies — meme stocks remain a potent force. However, not everything that gets popular on Reddit or has a high short interest will become the next GameStop. In fact, there are quite a few firms that have scarcely little going on to justify their current valuations.\nThese are seven meme stocks to sell now, while their share prices are still at respectable levels:\n\nVinco Ventures(NASDAQ:BBIG)\niBio(NYSEAMERICAN:IBIO)\nGenius Brands(NASDAQ:GNUS)\nXspresSpa Group(NASDAQ:XSPA)\nElectrameccanica(NASDAQ:SOLO)\nUranium Energy(NYSEAMERICAN:UEC)\nSphere 3D(NASDAQ:ANY)\n\nMeme Stocks to Sell: Vinco Ventures (BBIG)\nVinco Ventures got one part of the social media playbook right: It has a great ticker symbol. BBIG practically just begs to be “memed.” The Reddit community around the stock is full of clever wordplay for the hot media firm.\nAs for the actual business? It’s much less promising. The company brings back a key figure from theMoviePass debacleto head up a TikTok rival. It also has an operation devoted to non-fungible tokens (NFTs). Perhaps there is a place for a TikTok clone in a world that is increasingly preoccupied about cybersecurity threats and the Chinese government’s behavior.\nStill, given the relative small scale of the video business, investors should be highly skeptical of the stock here. Judging by the CEO’s past experience with MoviePass, there’s a good chance Vinco could burn through a load of investor funds before ignominiously ceasing operations.\niBio (IBIO)\nIn 2020, IBIO stock spiked from 30 cents to as high as $6 per share. A previously little-known biotech firm, it generated a ton of attention around a potential Covid-19 vaccine. However, historically, iBio has enjoyed similar waves of positive attention from press releases about potential products for other pandemics. However, the company has never managed to convert that potential into real-world revenues or profits.\nCovid-19 appears to be playing out the same way for iBio. Despite numerous seeminglypositive developments, the company has little to show for it. The company generated just $3 million in revenues over the past 12 months. More surprisingly, it spent just $7 million on research and development costs over the past year. It seems unlikely that a leading Covid-19 vaccine will be developed on that sort of barebones budget.\nWhile the peak of social media excitement around IBIO stock was back in 2020, trading volume has remained elevated this year. Traders are looking at the 7% short interest in shares and hoping it makes another run-up. However, it seems the market opportunity is passing for Covid-19 biotechs that don’t have a product on the market yet.\nAnd don’t let the low share price fool you. IBIO has a sizable $250 million market capitalization given the company’s serial stock issuances. Shares will likely fall far lower as any residual interest in the company’s early stage Covid projects fade.\nMeme Stocks to Sell: Genius Brands (GNUS)\nGenius Brands is a fledgling media company attempted to carve out a niche for itself in the children’s entertainment space. The company seemed ideal for a meme stock, as it had a catchy name and is targeting an industry that resonates with a large group of traders.\nThat said, despite a blizzard of press releases over the past year, Genius has failed to transform any of its potential into financial results. As our Josh Enomoto recently put it,speculation might not save GNUS stock. The company’s (lack of) positive fundamentals is really starting to drag on the company.\nIn the company’s most recent quarter, it brought in just $1.1 million of revenues. Yes, you read that figure right. Meanwhile, it generated a GAAP loss of 27 cents per share on that quarter. That’s a rather sizable loss for a company whose stock trades south of $2. Genius can keep touting its new shows and celebrity deals, but with quarterly revenues this small, the company is light years away from becoming a media empire.\nXpresSpa (XSPA)\nXpresSpa is a company focused on airport-based health and wellness centers. Prior to Covid-19, these could be categorized as day spas that helped travelers relax and pass the time between flights. That line of business became untenable due to the pandemic. So the company quickly pivoted to running Covid-19 testing centers out of its airport locations.\nIn theory, this made a lot of sense. In practice, however, demand for testing services at airports appears to be relatively low. Last quarter, the company generated just $9.1 million in revenues while losing $4.7 million overall. While the pandemic continues to drag on, it seems airport testing simply hasn’t become a large enough market to allow the company to reach profitability.\nMeanwhile, it’s unclear on what timeline the company might be able to revert to its prior business model. It should also be noted that the company lost money before the pandemic as well. While momentum traders bid up XSPA stock as a Covid-19 play, the business has shown few signs of tangible success at any point.\nA baffling thing about XpresSpa is that it recently announced a 15 million sharestock buyback. In general, share buybacks are good for shareholders. However, typically companies actually generate profits and positive cash flow from operations before buying back their own stock.\nXpresSpa, by contrast, has a long history of large operating losses. It has had to issue stock in the past to fund its operations. So it’s unclear why the company would spend precious capital now to repurchase shares rather than invest those funds into helping the business reach profitability. This seems like a gimmick to try to induce a short squeeze rather than a strategic financial decision. In any case, traders shouldn’t get on board with XSPA stock.\nMeme Stocks to Sell: Electrameccanica (SOLO)\nElectrameccanica was a hot electric vehicle (EV) stock early in 2021. Shares spiked from $3 to as high as $13 on excitement around the launch of its innovative one-seat EV. As the company notes, 80% of vehicle trips are with just one person, so the SOLO vehicle aims to provide everything a single person would need for their daily commute and driving around town.\nThe car is eye-catching and the concept is certainly different. However, it’s far from certain that much actual consumer demand exists for this product. While most vehicle trips may be without passengers, it’s still useful to have room for more people or cargo on occasion. And SOLO’s price point is too high for most people to buy one in addition to their usual larger vehicle.\nLast quarter, the company produced just 25 SOLO vehicles. Its lifetime total of 78 vehicles produced is hardly more inspiring. It wasn’t hard to see the appeal of SOLO stock back when there were few other publicly traded EV stocks. Now, however, as the market is flooded with EV alternatives, a novelty like Electrameccanica has long since lost its appeal.\nUranium Energy (UEC)\nUranium has positively exploded in recent weeks. A popular WallStreetBets post, “Uranium: Start of a Commodity Supercycle”published two weeks ago has taken on viral fame.\nThat original post has some solid due diligence to it. The author explains the theory of a potential supply shortage in the uranium market for nuclear power plants. It also goes through the mechanics of how a trust that is buying physical uranium could trigger a short squeeze.\nThat’s all well and good, but it matters little to UEC stock. Uranium Energy is a company that intends to mine uranium in the United States. However, it has largely failed at this. It last generated commercial revenues from uranium production way back in 2015. Now, the company keeps running via stock offerings.\nManagement’s latest corporate presentation suggests that production may start up again at some point soon. That’s fine. But the company has gone many years now without generating revenues and didn’t produce an annual profit in a single year over the past decade. Now, though, thanks to the uranium short squeeze, UEC stock’s market capitalization has exploded to $750 million. That’s far too high for a company with such a spotty track record.\nMeme Stocks to Sell: Sphere 3D (ANY)\nSphere3D is a small long-running technology company. Shares traded up to a split-adjusted $2,000 each at one point back in 2014. The company had merged together a variety of assets and aimed to become a leading virtualization software firm.\nSphere3D reached a peak of $76 million in revenues in 2016. Operations soon collapsed, however, with annual revenues dropping more than 90% since then. The stock price imploded along with the business. So, not surprisingly, Sphere3D is now pivoting.\nTo that end, Sphere3D is merging with a cryptocurrency mining firm, Gryphon Digital Mining. Gryphon aims to revolutionize the crypto-mining space through a focus on costs. It has secured lower-cost hydroelectric power which could give it a leg up on the competition. However, there are a ton of crypto mining firms out there now.\nIt’s much too early to say that Sphere 3D and Gryphon will be able to disrupt the existing leaders. 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href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>This is the best thing I’ve seen in a while&nbsp;","text":"$Support.com(SPRT)$This is the best thing I’ve seen in a while","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819438050","isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819498524,"gmtCreate":1630082966568,"gmtModify":1676530221368,"author":{"id":"4087816621812460","authorId":"4087816621812460","name":"SamuelC","avatar":"https://static.tigerbbs.com/3966b814e04fb30384749172fcf9a998","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087816621812460","authorIdStr":"4087816621812460"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Hooooold&nbsp;","listText":"<a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Hooooold&nbsp;","text":"$Support.com(SPRT)$Hooooold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819498524","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819404655,"gmtCreate":1630082519677,"gmtModify":1676530221220,"author":{"id":"4087816621812460","authorId":"4087816621812460","name":"SamuelC","avatar":"https://static.tigerbbs.com/3966b814e04fb30384749172fcf9a998","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087816621812460","authorIdStr":"4087816621812460"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Just one share [Happy]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SPRT\">$Support.com(SPRT)$</a>Just one share [Happy]&nbsp;","text":"$Support.com(SPRT)$Just one share [Happy]","images":[{"img":"https://static.tigerbbs.com/5cd1a544fbe41bf1ef05c9972b8ca7fa","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819404655","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":889035977,"gmtCreate":1631089961199,"gmtModify":1676530464759,"author":{"id":"4087816621812460","authorId":"4087816621812460","name":"SamuelC","avatar":"https://static.tigerbbs.com/3966b814e04fb30384749172fcf9a998","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087816621812460","authorIdStr":"4087816621812460"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BBIG\">$Vinco Ventures, Inc.(BBIG)$</a>Pog","listText":"<a href=\"https://laohu8.com/S/BBIG\">$Vinco Ventures, Inc.(BBIG)$</a>Pog","text":"$Vinco Ventures, Inc.(BBIG)$Pog","images":[{"img":"https://static.tigerbbs.com/c1fbba838dc276123279b64aa18a1830","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889035977","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838137238,"gmtCreate":1629380512724,"gmtModify":1676530021788,"author":{"id":"4087816621812460","authorId":"4087816621812460","name":"SamuelC","avatar":"https://static.tigerbbs.com/3966b814e04fb30384749172fcf9a998","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087816621812460","authorIdStr":"4087816621812460"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Daily","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Daily","text":"$Palantir Technologies Inc.(PLTR)$Daily","images":[{"img":"https://static.tigerbbs.com/f8d5d0fde619bb8a8c7bf021b1ae79b8","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838137238","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816633295,"gmtCreate":1630494053817,"gmtModify":1676530319183,"author":{"id":"4087816621812460","authorId":"4087816621812460","name":"SamuelC","avatar":"https://static.tigerbbs.com/3966b814e04fb30384749172fcf9a998","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087816621812460","authorIdStr":"4087816621812460"},"themes":[],"htmlText":"Amazing read","listText":"Amazing read","text":"Amazing read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816633295","repostId":"1128788292","repostType":4,"repost":{"id":"1128788292","kind":"news","pubTimestamp":1630489878,"share":"https://ttm.financial/m/news/1128788292?lang=&edition=fundamental","pubTime":"2021-09-01 17:51","market":"us","language":"en","title":"Why I’m Still Rage-Buying Meme Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1128788292","media":"Barrons","summary":"Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that ","content":"<p>Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a nice side benefit—but to strike back at the investor class. “It’s worthwhile running some risk in order to relieve the enemy of his money,” Marx&nbsp;wrote. I’m right there with you, Karl.</p>\n<p>Working-class millennials have been denied the chance to build generational wealth over the course of our professional careers. Many of us are risking what little we have left as a way of raging against a machine we feel is rigged against us. And we’re following in Marx’s footsteps.</p>\n<p>After a friend died in 1864, Marx received £820 in a bequest, his biographer&nbsp;recounts. That comes out to roughly $151,500 today after adjusting for inflation and applying current conversion rates. Marx used a portion of his inheritance to become a financial speculator, often engaging in the same sort of penny-stock bubble schemes that the notorious WallStreetBets sub-Reddit has been accused of engaging in this year. “[Stocks] are springing up like mushrooms this year,” Marx wrote in a letter to his uncle, bragging that he had already made £400 from speculation. He added that many of his investments were typically “forced up to quite an unreasonable level and then, for the most part, collapse.”</p>\n<p>Marx’s trading stories are difficult to substantiate, but millennials’ love of meme stocks is very real. I’ve already made more this year from trading meme stocks and cryptocurrency than I have as a professional writer. I’ve come to look at the meme stock boom as millennials’ chance to finally build wealth. But if not, we’re content with making the investors largely responsible for our financial woes feel a bit of the pain they’ve inflicted on us. Short-sellers are losing their shirts to the tune of$4.5 billion&nbsp;on meme stocks so far.</p>\n<p>As a 34-year-old American, almost every generational stereotype applies to me. HuffPost’s Michael Hobbessummed up&nbsp;millennials’ financial situation best in 2017: “My rent consumes nearly half my income, I haven’t had a steady job since Pluto was a planet and my savings are dwindling faster than the ice caps the baby boomers melted.”</p>\n<p>Perhaps because we’re the only American generation to live through two major recessions and two wars in our coming-up years, we’re the first generation to be financially worse off than our parents, despite being&nbsp;better educated&nbsp;on average. We paid for it, too. A year of college that cost $10,000 for boomers set millennials back more than $15,000 on average in inflation-adjusted dollars, according to&nbsp;Bloomberg. Millennials of color, particularly Black millennials, have it worse. They graduated with&nbsp;even more student debt&nbsp;than their white classmates, are&nbsp;far less likely&nbsp;to be hired in white-collar professions, and their households earn&nbsp;just 60%of what their white coworkers make.</p>\n<p>Millennials’ high-priced educations haven’t bought us much job security. A 2018 Gallup study&nbsp;called&nbsp;millennials the “job-hopping generation.” Maybe, but not by choice. A 2019University of Chicago study&nbsp;found millennials actually long for a stable career. It should come as little surprise, then, that a generation plagued with job insecurity and mounting debt is leading the“baby bust.”The birth rate is at its lowest in&nbsp;three decades. There may not be enough working-age Americans to care for the nation’s swelling senior population. Boomers effectively climbed the class ladder, then took a saw and cut off the rungs below them. (And they still ask us when we’ll give them grandchildren!)</p>\n<p>If all that doesn’t make meme stocks and cryptocurrency more appealing, at least it might help explain why some of us just don’t care any more about playing it safe. I’ll be the first to admit that investing in meme stocks isn’t a sustainable way to build wealth. A lot more of us will get hurt than get rich. But I’m not primarily investing to make money: I want the investors who crashed the economy and got bailed out in my senior year of college—thus&nbsp;torpedoing&nbsp;my career earning potential—to feel at least a little bit of the hardship they put my generation through. And given the&nbsp;predominantly millennial&nbsp;composition of /r/WallStreetBets, I know I’m not the only rage-driven investor.</p>\n<p>There’s plenty to be mad about. Like we saw with&nbsp;GameStop,workers organizing to make the stock market pay out in our favor results in strict blowback. After Redditors speculated GameStop shares through the roof in late January, mobile trading app Robinhood not only restricted trading, but even&nbsp;reportedly&nbsp;sold investors’ GameStop shares without their consent. (Robinhooddeniesforced-selling occurred.) When it came to light that Robinhood had a&nbsp;financial relationship&nbsp;with firms that help route its customers’ orders, it made a lot of newbie investors like me even more jaded about the markets.</p>\n<p>In March, when New York City opened movie theaters, I decided to buy AMC shares on a lark for $7 apiece. As of early June, my investment has appreciated in value by more than 550%. That could evaporate, but I’m taking a lesson from GameStop. Its stock is still trading at more than $250 per share despite starting the year under $20. I plan on continuing to hold my AMC shares in hopes the value will increase even more. When it’s finally time, I’ll sell half and re-invest my profits in cryptocurrency.</p>\n<p>When that happens, I’ll be far from the only millennial betting big on crypto. According to Business Insider, my generation is&nbsp;chiefly responsible&nbsp;for the sudden rise of cryptocurrency in 2021, in which both blue-chip digital currencies like Ethereum, as well as joke cryptocurrencies like Dogecoin, are thriving. Ethereum’s price has gone from $730.97 per coin on Jan. 1 to a peak of over $4,000 in May. Dogecoin has&nbsp;appreciatedby more than 21,000% since its inception as a meme in 2013. (I’m still kicking myself for selling my Dogecoin when it was trading for less than 10 cents, even though I still made thousands in profit). Millennials’ commitment to crypto is now forcing the giants to play along: In March,Morgan Stanley&nbsp;became the&nbsp;first bank&nbsp;to offer Bitcoin funds to its wealthy clients. And as if on cue, now that the workers have made a little money in the rigged casino, U.S. regulators are reportedly preparing a “crackdown” on cryptocurrency.</p>\n<p>Millennials went through childhood being told we had to work hard to have financial security. Then we were told we had to shackle ourselves with debt to get a college degree that would get us a good job. Then we were told that only a lucky few actually build wealth from their jobs and that to have true financial success, we should invest. And then when we invested, we were told we were doing it wrong. I get the message. Millennials aren’t meant to win. Financial security isn’t for us. So if we can make a few grand by speculating penny stocks to the moon and hurt a few smug hedge fund vultures in the process, we’ll settle for that.</p>","source":"lsy1601382232898","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 I’m Still Rage-Buying Meme Stocks</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 I’m Still Rage-Buying Meme Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 17:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336?mod=hp_LEAD_1_B_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336?mod=hp_LEAD_1_B_4\">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","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336?mod=hp_LEAD_1_B_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128788292","content_text":"Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a nice side benefit—but to strike back at the investor class. “It’s worthwhile running some risk in order to relieve the enemy of his money,” Marx wrote. I’m right there with you, Karl.\nWorking-class millennials have been denied the chance to build generational wealth over the course of our professional careers. Many of us are risking what little we have left as a way of raging against a machine we feel is rigged against us. And we’re following in Marx’s footsteps.\nAfter a friend died in 1864, Marx received £820 in a bequest, his biographer recounts. That comes out to roughly $151,500 today after adjusting for inflation and applying current conversion rates. Marx used a portion of his inheritance to become a financial speculator, often engaging in the same sort of penny-stock bubble schemes that the notorious WallStreetBets sub-Reddit has been accused of engaging in this year. “[Stocks] are springing up like mushrooms this year,” Marx wrote in a letter to his uncle, bragging that he had already made £400 from speculation. He added that many of his investments were typically “forced up to quite an unreasonable level and then, for the most part, collapse.”\nMarx’s trading stories are difficult to substantiate, but millennials’ love of meme stocks is very real. I’ve already made more this year from trading meme stocks and cryptocurrency than I have as a professional writer. I’ve come to look at the meme stock boom as millennials’ chance to finally build wealth. But if not, we’re content with making the investors largely responsible for our financial woes feel a bit of the pain they’ve inflicted on us. Short-sellers are losing their shirts to the tune of$4.5 billion on meme stocks so far.\nAs a 34-year-old American, almost every generational stereotype applies to me. HuffPost’s Michael Hobbessummed up millennials’ financial situation best in 2017: “My rent consumes nearly half my income, I haven’t had a steady job since Pluto was a planet and my savings are dwindling faster than the ice caps the baby boomers melted.”\nPerhaps because we’re the only American generation to live through two major recessions and two wars in our coming-up years, we’re the first generation to be financially worse off than our parents, despite being better educated on average. We paid for it, too. A year of college that cost $10,000 for boomers set millennials back more than $15,000 on average in inflation-adjusted dollars, according to Bloomberg. Millennials of color, particularly Black millennials, have it worse. They graduated with even more student debt than their white classmates, are far less likely to be hired in white-collar professions, and their households earn just 60%of what their white coworkers make.\nMillennials’ high-priced educations haven’t bought us much job security. A 2018 Gallup study called millennials the “job-hopping generation.” Maybe, but not by choice. A 2019University of Chicago study found millennials actually long for a stable career. It should come as little surprise, then, that a generation plagued with job insecurity and mounting debt is leading the“baby bust.”The birth rate is at its lowest in three decades. There may not be enough working-age Americans to care for the nation’s swelling senior population. Boomers effectively climbed the class ladder, then took a saw and cut off the rungs below them. (And they still ask us when we’ll give them grandchildren!)\nIf all that doesn’t make meme stocks and cryptocurrency more appealing, at least it might help explain why some of us just don’t care any more about playing it safe. I’ll be the first to admit that investing in meme stocks isn’t a sustainable way to build wealth. A lot more of us will get hurt than get rich. But I’m not primarily investing to make money: I want the investors who crashed the economy and got bailed out in my senior year of college—thus torpedoing my career earning potential—to feel at least a little bit of the hardship they put my generation through. And given the predominantly millennial composition of /r/WallStreetBets, I know I’m not the only rage-driven investor.\nThere’s plenty to be mad about. Like we saw with GameStop,workers organizing to make the stock market pay out in our favor results in strict blowback. After Redditors speculated GameStop shares through the roof in late January, mobile trading app Robinhood not only restricted trading, but even reportedly sold investors’ GameStop shares without their consent. (Robinhooddeniesforced-selling occurred.) When it came to light that Robinhood had a financial relationship with firms that help route its customers’ orders, it made a lot of newbie investors like me even more jaded about the markets.\nIn March, when New York City opened movie theaters, I decided to buy AMC shares on a lark for $7 apiece. As of early June, my investment has appreciated in value by more than 550%. That could evaporate, but I’m taking a lesson from GameStop. Its stock is still trading at more than $250 per share despite starting the year under $20. I plan on continuing to hold my AMC shares in hopes the value will increase even more. When it’s finally time, I’ll sell half and re-invest my profits in cryptocurrency.\nWhen that happens, I’ll be far from the only millennial betting big on crypto. According to Business Insider, my generation is chiefly responsible for the sudden rise of cryptocurrency in 2021, in which both blue-chip digital currencies like Ethereum, as well as joke cryptocurrencies like Dogecoin, are thriving. Ethereum’s price has gone from $730.97 per coin on Jan. 1 to a peak of over $4,000 in May. Dogecoin has appreciatedby more than 21,000% since its inception as a meme in 2013. (I’m still kicking myself for selling my Dogecoin when it was trading for less than 10 cents, even though I still made thousands in profit). Millennials’ commitment to crypto is now forcing the giants to play along: In March,Morgan Stanley became the first bank to offer Bitcoin funds to its wealthy clients. And as if on cue, now that the workers have made a little money in the rigged casino, U.S. regulators are reportedly preparing a “crackdown” on cryptocurrency.\nMillennials went through childhood being told we had to work hard to have financial security. Then we were told we had to shackle ourselves with debt to get a college degree that would get us a good job. Then we were told that only a lucky few actually build wealth from their jobs and that to have true financial success, we should invest. And then when we invested, we were told we were doing it wrong. I get the message. Millennials aren’t meant to win. Financial security isn’t for us. 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