AMC and Other Meme Stocks Boom Again. What Will Erupt Next?

Barrons2021-06-06

Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

508

Report

Comment（201）

TSENR3
·2021-06-07
Repurposed boxes are still on the stable side, the demand is there. Whereas, recycled meme, from my point of view, the demand isn't that much. It's unlikely for recycled meme to outperform repurposed boxes.
Reply
Like
Report
makmak
·2021-06-07
Where to I find the Reddit thread?
Reply
3
Report
Fold Replies
- kenong62:
  download Reddit
  wsb
  2021-06-07
  Reply
  Report
daggerw
·2021-06-07
High risk but more gains. Invest within your means
Reply
5
Report
Fold Replies
- Vivberry:
  Exactly
  2021-06-07
  Reply
  Report
Wahahoho
·2021-06-07
Meme ftw!
Reply
1
Report
ming22
·2021-06-07
[思考] risky...
Reply
4
Report
Fold Replies
- RedAnt0130:
  Agree, I think if enter now, likely to hold the baby.
  2021-06-07
  Reply
  Report
- Vivberry:
  High risk high rewards. But also sounds like gambling
  2021-06-07
  Reply
  Report
oneplus374
·2021-06-07
lets gooooplease like and comment
Reply
1
Report
Fold Replies
- TTH4Legs:
  Done. pls reply
  2021-06-07
  Reply
  Report
rsaje
·2021-06-07
Like and comment please
Reply
2
Report
Fold Replies
- oneplus374:
  lets goooo, please like and comment too
  2021-06-07
  Reply
  Report
Phantom121
·2021-06-07
Like and comment pls
Reply
2
Report
Fold Replies
- Phantom121:
  tq
  2021-06-08
  Reply
  Report
- rsaje:
  Comment back?
  2021-06-07
  Reply
  Report
Kuanwei
·2021-06-07
[美金]
Reply
3
Report
Fold Replies
- Nienz:
  Cool!
  2021-06-07
  Reply
  Report
- Nienz:
  Commented!
  2021-06-07
  Reply
  Report
- Kuanwei:
  comments
  2021-06-07
  Reply
  Report
Bull1973
·2021-06-07
Like and comment pls
Reply
2
Report
Fold Replies
- rsaje:
  Comment back?
  2021-06-07
  Reply
  Report
TANJH
·2021-06-07
Like and comment please
Reply
2
Report
Fold Replies
- Bull1973:
  Like and comment mY post pls
  2021-06-07
  Reply
  Report
- Bull1973:
  Done
  2021-06-07
  Reply
  Report
Lanying
·2021-06-07
O
Reply
2
Report
Fold Replies
- Lanying:
  O
  2021-06-07
  Reply
  Report
DLiew
·2021-06-07
Like! ??
Reply
Like
Report
HuGang3166
·2021-06-07
I bought AMC at 8 plus and sold at 10 plus, cannot imagine it reached 70 last week. Even though retailers keep saying to the moon, but I think it is too much risk to buy now.
Reply
2
Report
JayTan
·2021-06-07
Like and comment pls
Reply
1
Report
Fold Replies
- JooL:
  [Happy]
  2021-06-07
  Reply
  Report
天天有錢賺
·2021-06-07
Cool
Reply
Like
Report
Fold Replies
- 天天有錢賺:
  Latest
  2021-06-07
  Reply
  Report
AJAJ
·2021-06-07
Pls like and comment
Reply
1
Report
Fold Replies
- vSup_puSv:
  Done
  2021-06-07
  Reply
  Report
MengKeng
·2021-06-07
Just be careful this week, sell immediately when hitting your expected target, do not hold on to it under end of this week
Reply
1
Report
Laikv1982
·2021-06-07
Good
Reply
1
Report
phantom74
·2021-06-07
Like and reply pls
Reply
2
Report
Fold Replies
- Kelvinphan:
  Done ... pls help response back
  2021-06-07
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1128534499?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-06 10:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1128534499","market":"us","top_or_hot":-1,"title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","media":"Barrons","content":"<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","article_id":"1128534499","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","pubTimestamp":1622944841,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站","BB":"黑莓"},"translate_title":"AMC等模因类股再度暴涨。接下来会爆发什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"BB":0.9,"GME":0.9},"content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":114071870,"gmtCreate":1623039325090,"gmtModify":1704194823357,"author":{"id":"3584655084310997","authorId":"3584655084310997","name":"TSENR3","avatar":"https://static.tigerbbs.com/02c7cd50655930bda46aef01d6a5ad53","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584655084310997","authorIdStr":"3584655084310997"},"htmlText":"Repurposed boxes are still on the stable side, the demand is there. Whereas, recycled meme, from my point of view, the demand isn't that much. It's unlikely for recycled meme to outperform repurposed boxes.","listText":"Repurposed boxes are still on the stable side, the demand is there. Whereas, recycled meme, from my point of view, the demand isn't that much. It's unlikely for recycled meme to outperform repurposed boxes.","text":"Repurposed boxes are still on the stable side, the demand is there. Whereas, recycled meme, from my point of view, the demand isn't that much. It's unlikely for recycled meme to outperform repurposed boxes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114071870","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115725564,"gmtCreate":1623031843158,"gmtModify":1704194649857,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"htmlText":"Where to I find the Reddit thread?","listText":"Where to I find the Reddit thread?","text":"Where to I find the Reddit thread?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115725564","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4610206,"gmtCreate":1623032920877,"gmtModify":1663228091037,"authorId":3574928367638029,"author":{"id":3574928367638029,"idStr":"3574928367638029","authorId":3574928367638029,"name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115725564,"type":1,"supId":0,"prevId":0,"content":"download Reddit<br>\nwsb","text":"download Reddit<br>\nwsb","html":"download Reddit<br>\nwsb"}],"langContent":"EN"},{"id":115721447,"gmtCreate":1623031701289,"gmtModify":1704194643979,"author":{"id":"3581756393031205","authorId":"3581756393031205","name":"daggerw","avatar":"https://static.tigerbbs.com/e4157c588742934fdb76cbe005dc6ec0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581756393031205","authorIdStr":"3581756393031205"},"htmlText":"High risk but more gains. Invest within your means&nbsp;","listText":"High risk but more gains. Invest within your means&nbsp;","text":"High risk but more gains. Invest within your means","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115721447","repostId":1128534499,"repostType":2,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4611281,"gmtCreate":1623037331013,"gmtModify":1663228097750,"authorId":3580092330105291,"author":{"id":3580092330105291,"idStr":"3580092330105291","authorId":3580092330105291,"name":"Vivberry","avatar":"https://static.tigerbbs.com/8d8a4ce0041edafbf8e072bb66c313e5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115721447,"type":1,"supId":0,"prevId":0,"content":"Exactly","text":"Exactly","html":"Exactly"}],"langContent":"EN"},{"id":115793877,"gmtCreate":1623029673399,"gmtModify":1704194573073,"author":{"id":"3574919981905986","authorId":"3574919981905986","name":"Wahahoho","avatar":"https://static.tigerbbs.com/0bd4e59cf840fbdacfe232a14c46c038","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574919981905986","authorIdStr":"3574919981905986"},"htmlText":"Meme ftw!","listText":"Meme ftw!","text":"Meme ftw!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115793877","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115702845,"gmtCreate":1623029507987,"gmtModify":1704194564126,"author":{"id":"3571044771112848","authorId":"3571044771112848","name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571044771112848","authorIdStr":"3571044771112848"},"htmlText":"[思考]&nbsp;risky...","listText":"[思考]&nbsp;risky...","text":"[思考] risky...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/115702845","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4615998,"gmtCreate":1623063218186,"gmtModify":1663228121540,"authorId":3571356508883039,"author":{"id":3571356508883039,"idStr":"3571356508883039","authorId":3571356508883039,"name":"RedAnt0130","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115702845,"type":1,"supId":0,"prevId":0,"content":"Agree, I think if enter now, likely to hold the baby.","text":"Agree, I think if enter now, likely to hold the baby.","html":"Agree, I think if enter now, likely to hold the baby."},{"id":4611285,"gmtCreate":1623037352567,"gmtModify":1663228099127,"authorId":3580092330105291,"author":{"id":3580092330105291,"idStr":"3580092330105291","authorId":3580092330105291,"name":"Vivberry","avatar":"https://static.tigerbbs.com/8d8a4ce0041edafbf8e072bb66c313e5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115702845,"type":1,"supId":0,"prevId":0,"content":"High risk high rewards. But also sounds like gambling","text":"High risk high rewards. But also sounds like gambling","html":"High risk high rewards. But also sounds like gambling"}],"langContent":"CN"},{"id":115442141,"gmtCreate":1623028713783,"gmtModify":1704194537171,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573639773544520","authorIdStr":"3573639773544520"},"htmlText":"lets gooooplease like and comment","listText":"lets gooooplease like and comment","text":"lets gooooplease like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115442141","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4609369,"gmtCreate":1623030380738,"gmtModify":1663228090733,"authorId":3576220386239608,"author":{"id":3576220386239608,"idStr":"3576220386239608","authorId":3576220386239608,"name":"TTH4Legs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.06","exceedPercentage":"60.27%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115442141,"type":1,"supId":0,"prevId":0,"content":"Done. pls reply","text":"Done. pls reply","html":"Done. pls reply"}],"langContent":"EN"},{"id":115436003,"gmtCreate":1623026331202,"gmtModify":1704194456555,"author":{"id":"3579596992743233","authorId":"3579596992743233","name":"rsaje","avatar":"https://static.tigerbbs.com/0a2a15d8b3af15a33dda43a5e023aa8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3579596992743233","authorIdStr":"3579596992743233"},"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115436003","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4608761,"gmtCreate":1623028693772,"gmtModify":1663228087434,"authorId":3573639773544520,"author":{"id":3573639773544520,"idStr":"3573639773544520","authorId":3573639773544520,"name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115436003,"type":1,"supId":0,"prevId":0,"content":"lets goooo, please like and comment too","text":"lets goooo, please like and comment too","html":"lets goooo, please like and comment too"}],"langContent":"EN"},{"id":115580567,"gmtCreate":1623022730659,"gmtModify":1704194343278,"author":{"id":"3560474608445356","authorId":"3560474608445356","name":"Phantom121","avatar":"https://community-static.tradeup.com/news/e8c486af0a68427c4203e2d36d27c057","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3560474608445356","authorIdStr":"3560474608445356"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/115580567","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4628284,"gmtCreate":1623126216530,"gmtModify":1663228180234,"authorId":3560474608445356,"author":{"id":3560474608445356,"idStr":"3560474608445356","authorId":3560474608445356,"name":"Phantom121","avatar":"https://community-static.tradeup.com/news/e8c486af0a68427c4203e2d36d27c057","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115580567,"type":1,"supId":4607789,"prevId":0,"content":"<u>tq</u>","text":"<u>tq</u>","html":"<u>tq</u>"},{"id":4607789,"gmtCreate":1623026320932,"gmtModify":1663228081650,"authorId":3579596992743233,"author":{"id":3579596992743233,"idStr":"3579596992743233","authorId":3579596992743233,"name":"rsaje","avatar":"https://static.tigerbbs.com/0a2a15d8b3af15a33dda43a5e023aa8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115580567,"type":1,"supId":0,"prevId":0,"content":"Comment back?","text":"Comment back?","html":"Comment back?"}],"langContent":"EN"},{"id":115532423,"gmtCreate":1623022105762,"gmtModify":1704194324596,"author":{"id":"3579218549390865","authorId":"3579218549390865","name":"Kuanwei","avatar":"https://static.tigerbbs.com/3bb5e84584fb23570d011d4f0733fc6e","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579218549390865","authorIdStr":"3579218549390865"},"htmlText":"[美金]&nbsp;","listText":"[美金]&nbsp;","text":"[美金]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/115532423","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4609882,"gmtCreate":1623031838220,"gmtModify":1663228093555,"authorId":3550144882339071,"author":{"id":3550144882339071,"idStr":"3550144882339071","authorId":3550144882339071,"name":"Nienz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115532423,"type":1,"supId":0,"prevId":0,"content":"Cool!","text":"Cool!","html":"Cool!"},{"id":4609886,"gmtCreate":1623031845354,"gmtModify":1663228093538,"authorId":3550144882339071,"author":{"id":3550144882339071,"idStr":"3550144882339071","authorId":3550144882339071,"name":"Nienz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115532423,"type":1,"supId":4606505,"prevId":0,"content":"Commented!","text":"Commented!","html":"Commented!"},{"id":4606505,"gmtCreate":1623022176957,"gmtModify":1663228077535,"authorId":3579218549390865,"author":{"id":3579218549390865,"idStr":"3579218549390865","authorId":3579218549390865,"name":"Kuanwei","avatar":"https://static.tigerbbs.com/3bb5e84584fb23570d011d4f0733fc6e","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115532423,"type":1,"supId":0,"prevId":0,"content":"comments","text":"comments","html":"comments"}],"langContent":"CN"},{"id":115530038,"gmtCreate":1623021842824,"gmtModify":1704194315276,"author":{"id":"3584680402793671","authorId":"3584680402793671","name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584680402793671","authorIdStr":"3584680402793671"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115530038","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4607794,"gmtCreate":1623026327077,"gmtModify":1663228084141,"authorId":3579596992743233,"author":{"id":3579596992743233,"idStr":"3579596992743233","authorId":3579596992743233,"name":"rsaje","avatar":"https://static.tigerbbs.com/0a2a15d8b3af15a33dda43a5e023aa8f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115530038,"type":1,"supId":0,"prevId":0,"content":"Comment back?","text":"Comment back?","html":"Comment back?"}],"langContent":"EN"},{"id":115598332,"gmtCreate":1623021561626,"gmtModify":1704194306716,"author":{"id":"3572430244287129","authorId":"3572430244287129","name":"TANJH","avatar":"https://static.tigerbbs.com/08f0a812db3886c7089d529cb706b8fa","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572430244287129","authorIdStr":"3572430244287129"},"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/115598332","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606362,"gmtCreate":1623021891613,"gmtModify":1663228078655,"authorId":3584680402793671,"author":{"id":3584680402793671,"idStr":"3584680402793671","authorId":3584680402793671,"name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115598332,"type":1,"supId":0,"prevId":0,"content":"Like and  comment mY post pls","text":"Like and  comment mY post pls","html":"Like and  comment mY post pls"},{"id":4606340,"gmtCreate":1623021829565,"gmtModify":1663228078631,"authorId":3584680402793671,"author":{"id":3584680402793671,"idStr":"3584680402793671","authorId":3584680402793671,"name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115598332,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":115591712,"gmtCreate":1623021553836,"gmtModify":1704194306232,"author":{"id":"3571641801586244","authorId":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571641801586244","authorIdStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115591712","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606251,"gmtCreate":1623021561958,"gmtModify":1663228077837,"authorId":3571641801586244,"author":{"id":3571641801586244,"idStr":"3571641801586244","authorId":3571641801586244,"name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115591712,"type":1,"supId":0,"prevId":0,"content":"O","text":"O","html":"O"}],"langContent":"EN"},{"id":115591924,"gmtCreate":1623021509368,"gmtModify":1704194305586,"author":{"id":"3577525278195004","authorId":"3577525278195004","name":"DLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577525278195004","authorIdStr":"3577525278195004"},"htmlText":"Like! ??&nbsp;","listText":"Like! ??&nbsp;","text":"Like! ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115591924","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115593997,"gmtCreate":1623021450019,"gmtModify":1704194303810,"author":{"id":"3574671095836888","authorId":"3574671095836888","name":"HuGang3166","avatar":"https://static.tigerbbs.com/1eec1ffec53cf574f9f59bc64caabf88","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574671095836888","authorIdStr":"3574671095836888"},"htmlText":"I bought AMC at 8 plus and sold at 10 plus, cannot imagine it reached 70 last week. Even though retailers keep saying to the moon, but I think it is too much risk to buy now.","listText":"I bought AMC at 8 plus and sold at 10 plus, cannot imagine it reached 70 last week. Even though retailers keep saying to the moon, but I think it is too much risk to buy now.","text":"I bought AMC at 8 plus and sold at 10 plus, cannot imagine it reached 70 last week. Even though retailers keep saying to the moon, but I think it is too much risk to buy now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115593997","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115508577,"gmtCreate":1623020958599,"gmtModify":1704194294535,"author":{"id":"3572397521268164","authorId":"3572397521268164","name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572397521268164","authorIdStr":"3572397521268164"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115508577","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606141,"gmtCreate":1623021076005,"gmtModify":1663228076355,"authorId":3580766516032125,"author":{"id":3580766516032125,"idStr":"3580766516032125","authorId":3580766516032125,"name":"JooL","avatar":"https://community-static.tradeup.com/news/b36b34d8462eda7c0391ac4d71c88bf4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115508577,"type":1,"supId":0,"prevId":0,"content":"[Happy]","text":"[Happy]","html":"[Happy]"}],"langContent":"EN"},{"id":115274475,"gmtCreate":1623020605997,"gmtModify":1704194288676,"author":{"id":"3569157961325264","authorId":"3569157961325264","name":"天天有錢賺","avatar":"https://static.tigerbbs.com/a87d6821c87a3f5345fd3b39e87a3710","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569157961325264","authorIdStr":"3569157961325264"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115274475","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606042,"gmtCreate":1623020620745,"gmtModify":1663228073938,"authorId":3569157961325264,"author":{"id":3569157961325264,"idStr":"3569157961325264","authorId":3569157961325264,"name":"天天有錢賺","avatar":"https://static.tigerbbs.com/a87d6821c87a3f5345fd3b39e87a3710","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115274475,"type":1,"supId":0,"prevId":0,"content":"<u>Latest</u>","text":"<u>Latest</u>","html":"<u>Latest</u>"}],"langContent":"EN"},{"id":115275929,"gmtCreate":1623020358361,"gmtModify":1704194286900,"author":{"id":"3581823222182692","authorId":"3581823222182692","name":"AJAJ","avatar":"https://static.tigerbbs.com/d39956ed0487a0f393611b7d94da0db0","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581823222182692","authorIdStr":"3581823222182692"},"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115275929","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606028,"gmtCreate":1623020528775,"gmtModify":1663228074750,"authorId":3581550492242446,"author":{"id":3581550492242446,"idStr":"3581550492242446","authorId":3581550492242446,"name":"vSup_puSv","avatar":"https://static.tigerbbs.com/a1150421a148787160d999c5a94bed8e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115275929,"type":1,"supId":0,"prevId":0,"content":"Done ","text":"Done ","html":"Done "}],"langContent":"EN"},{"id":115275028,"gmtCreate":1623020344464,"gmtModify":1704194286738,"author":{"id":"3582668988155006","authorId":"3582668988155006","name":"MengKeng","avatar":"https://static.tigerbbs.com/daf999525f61ba41d3c13b0ed728eb77","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582668988155006","authorIdStr":"3582668988155006"},"htmlText":"Just be careful this week, sell immediately when hitting your expected target, do not hold on to it under end of this week","listText":"Just be careful this week, sell immediately when hitting your expected target, do not hold on to it under end of this week","text":"Just be careful this week, sell immediately when hitting your expected target, do not hold on to it under end of this week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115275028","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115270672,"gmtCreate":1623019780096,"gmtModify":1704194279141,"author":{"id":"3583108662786037","authorId":"3583108662786037","name":"Laikv1982","avatar":"https://static.tigerbbs.com/c3c72c0ef23a3b19ee5748be015bd229","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583108662786037","authorIdStr":"3583108662786037"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115270672","repostId":1128534499,"repostType":2,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":115240801,"gmtCreate":1623018434603,"gmtModify":1704194267431,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3570342809089528","authorIdStr":"3570342809089528"},"htmlText":"Like and reply pls","listText":"Like and reply pls","text":"Like and reply pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115240801","repostId":1128534499,"repostType":4,"repost":{"id":"1128534499","kind":"news","pubTimestamp":1622944841,"share":"https://ttm.financial/m/news/1128534499?lang=&edition=fundamental","pubTime":"2021-06-06 10:00","market":"us","language":"en","title":"AMC and Other Meme Stocks Boom Again. What Will Erupt Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128534499","media":"Barrons","summary":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its seco","content":"<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.</p>\n<p>All I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.</p>\n<p>I’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for&nbsp;Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.</p>\n<p>Come to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.</p>\n<p>Meme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the&nbsp;GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.</p>\n<p>AMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.</p>\n<p>True, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.</p>\n<p>To be clear, the movie theater business, while deeply challenged, is recovering by the day.<i>A Quiet Place Part II</i>took in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.</p>\n<p>Chad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and&nbsp;IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.</p>\n<p>BlackBerry&nbsp;(BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?</p>\n<p>Please don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.</p>\n<p>Wrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with&nbsp;Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.</p>\n<p>For now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.</p>\n<p>Investment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that&nbsp;FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that&nbsp;International Paper(IP) would slip to $44, for a decline of 32%.</p>\n<p>FedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.</p>\n<p>Cleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.</p>\n<p>IP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.</p>\n<p>Whether recycled memes can outperform repurposed boxes remains to be seen.</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>AMC and Other Meme Stocks Boom Again. What Will Erupt Next?</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\">\nAMC and Other Meme Stocks Boom Again. What Will Erupt Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-and-other-meme-stocks-boom-again-what-will-erupt-next-51622855430?mod=hp_LEAD_3_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128534499","content_text":"Are meme traders running out of fresh ironic picks? AMC Entertainment Holdings just went on its second madcap run-up in less than six months. As a rotary native in a digital world, I can’t hope to keep up with the young, idle, and fiscally stimulated capitalists monetizing their ability to quickly spot chat-room microtrends in off-the-radar assets. But if the Reddit and Robinhood set has started recycling old jokes, well, that’s something I know a thing or two about.\nAll I have to do now is screen the universe of past meme gainers for ones that now look like bargains. Granted, that can be challenging in asset classes that lack cash flows and defy traditional valuation.\nI’ve done some early theoretical work on a Capital ASS Coin Pricing Model, named of course for Australian Safe Shepherd, the cryptocurrency launched in April, whose canine theme is a nod to Dogecoin, which is itself a parody of Bitcoin, and whose cheeky acronym makes it endlessly memeable.\nCome to think of it, if past meme trades are coming around again, maybe that’s an idea for investors seeking terrible ideas at discounted prices. ASS recently changed hands at a hundred-millionth of a cent, down from over six hundred-millionths of a cent last month. Bottom-fishing, indeed—and inflation hawks will appreciate that future supply is capped by design at 200 sextillion coins.\nMeme-trade sequels can be just as action-packed as the originals, as AMC (ticker: AMC) has proved. The theater chain started this year at $2 a share, and hit $20 during the GameStop(GME) frenzy in late January. Then, it cooled to single digits late last month, before exploding to over $70 at one point this past week. The rise this time, like last, was linked to punch-line posting on Reddit, elevated short interest ripe for squeezing, and high volume in call options.\nAMC has used the run-up to issue obscene amounts of new stock. There are 513 million or so shares out now, up from 104 million a year ago. The company has multiplied about 20 times in value during a pandemic that shuttered its theaters, ballooned its debt, and accelerated Hollywood’s shift toward making movies for streaming rather than big screens.\nTrue, the proceeds from those stock sales convert trading hype into real-world assets. But if that’s a sustainable investment thesis, it’s time to start bulk-buying and guzzling Schlitz to profit from the five-cent bottle deposits.\nTo be clear, the movie theater business, while deeply challenged, is recovering by the day.A Quiet Place Part IItook in nearly $60 million over Memorial Day weekend—a success, with or without the pandemic.\nChad Beynon of Macquarie Research, sees “great value” in two theater names,Cinemark Holdings(CNK) and IMAX(IMAX), but not in AMC. He points out that before the pandemic, in 2019, AMC and Cinemark produced similar earnings before interest, taxes, depreciation, and amortization, or Ebitda, but that AMC recently had 10 times Cinemark’s market value.\nBlackBerry (BB) also had its second blastoff of the year this past week. It, like AMC, fits the theme of traders showing improbable levels of enthusiasm for left-behind stocks the establishment has bet against. But what’s the next forgotten meme trade that fun-seekers will clown-car into?\nPlease don’t say Bitcoin. It’s down from a high of $63,000 in April to a recent $37,000, but Tesla chief and crypto thought leader Elon Musk this past week tweeted a pair of relationship breakup memes that made veiled reference to Bitcoin. According to my discounted hashtag flow analysis, that’s the equivalent of a double downgrade on Wall Street.\nWrong-name stocks have potential, but the blue chip of the group,Zoom Technologies(ZTNO), was asked by regulators to change its ticker from ZOOM after jumping one too many times in sympathy with Zoom Video Communications(ZM).AMC Networks(AMCX), the television concern that’s unrelated to the theater business, is another classic, but it’s too late—it jumped 13% on Friday.\nFor now, I have my eye on cannabis crypto, nonfungible emoji tokens, and celebrity SPACs, or special purpose acquisition companies, now that the market has sold off. Basketball’s Shaquille O’Neal is on his second one, and Shaq rhymes with SPAC, which meme-logically speaking, could be a durable competitive advantage.\nInvestment bank UBS likes package delivery but not boxes, it seems. In a roundup this past week of its “highest-conviction picks,” the bank predicted that FedEx(FDX) would rise to $383 a share, which would make for a gain of 27% from recent levels, but that International Paper(IP) would slip to $44, for a decline of 32%.\nFedEx trades at 15 times projected earnings for the coming four quarters, and IP, 13 times. Thomas Wadewitz, the FedEx analyst, likes that there is tight supply and elevated demand for parcel delivery, suggesting that profit margins will rise into next year. In particular, supply-chain mayhem has left factories and retailers with too little inventory, and leaving plenty of need for business-to-business shipments.\nCleve Rueckert, the analyst on IP, estimates that containerboard for boxes is oversupplied to a degree that will drag prices down 5% next year from this year. Input costs, meanwhile, are rising. Containerboard mills that are reopening or under construction could add 7% to supply. Following the pandemic e-commerce spree, demand for containerboard will rise only 1% to 1.5% a year through 2024, Rueckert reckons.\nIP relies on containerboard for 80% of Ebitda. China is halting imports of America’s old boxes, which could depress prices for recycled packaging that competes with containerboard.\nWhether recycled memes can outperform repurposed boxes remains to be seen.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4606000,"gmtCreate":1623020249038,"gmtModify":1663228073331,"authorId":3579053062900901,"author":{"id":3579053062900901,"idStr":"3579053062900901","authorId":3579053062900901,"name":"Kelvinphan","avatar":"https://static.tigerbbs.com/dd87884547b7d5f0157a229e9ea4e890","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":115240801,"type":1,"supId":0,"prevId":0,"content":"Done ... pls help response back","text":"Done ... pls help response back","html":"Done ... pls help response back"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":508,"commentSize":201,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}