Meme Stocks Like GameStop and AMC Reflect Market Reality

Thestreet2021-07-09

Gamestop (GME) made some investors rich… and then it broke many more. Investing in AMC Entertainment (AMC) did the exact same thing. These two stocks represent, if not failing businesses, at least ...

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Comment（75）

Rontjk
·2021-07-10
Ok
Reply
3
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tkj
·2021-07-10
To the Sun.......and got burnt..???
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3
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cloudyy
·2021-07-10
Nice
Reply
4
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SKLow
·2021-07-10
Please like and comment. TQ
Reply
7
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- SKLow:
  [微笑]
  2021-07-10
  Reply
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Wahahoho
·2021-07-10
LAI AH
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3
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Milopowder
·2021-07-10
Ok
Reply
1
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Heng8818
·2021-07-10
Huat
Reply
1
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Cvt
·2021-07-10
Hold and up later
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5
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Jackytan
·2021-07-10
I think the main difference is the amount of facts involved, and conversely, the amount of guesswork. But this is a good point being made... Just because you put some numbers into a mathematical equation, doesn't make it more factual and less guesswork. Statistics have always been made to lie. Likewise, both sides have blind followers who do neither fact-finding nor guessing.
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- Mml:
  Have to hold?
  2021-07-10
  Reply
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Elsontok
·2021-07-10
yes
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1
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STKG
·2021-07-10
Ok. To those buy these stock. Just hold.
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1
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LimHianYew
·2021-07-10
[Cool]
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4
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Yckit2000
·2021-07-10
Just hodl, as simple as that
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2
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KayuHuat
·2021-07-10
Need to be careful when buying this type of stock.
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3
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- KayuHuat:
  ????
  2021-07-12
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- JoelSeah:
  Agree. be careful
  2021-07-10
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JCai
·2021-07-10
Ya like pls
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5
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FU5591
·2021-07-10
[白眼]
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2
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replaygoh
·2021-07-10
no other good news then always meme??
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1
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Akyl
·2021-07-10
Agree
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2
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Gaik11
·2021-07-10
Ya true
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2
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Investing in AMC Entertainment (AMC) did the exact same thing. These two stocks represent, if not failing businesses, at least ...</p>\n\n<a href=\"https://www.thestreet.com/investing/meme-stocks-like-gamestop-amc-reflect-market-reality\">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.thestreet.com/investing/meme-stocks-like-gamestop-amc-reflect-market-reality","article_id":"1173374462","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173374462","pubTimestamp":1625840008,"sourceInfo":null,"weMediaInfo":null,"summary":"Gamestop (GME) made some investors rich… and then it broke many more. Investing in AMC Entertainment","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"translate_title":"像游戏驿站和AMC这样的迷因股反映了市场现实","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"GME":0.9},"content_text":"Gamestop (GME) made some investors rich… and then it broke many more. Investing in AMC Entertainment (AMC) did the exact same thing. These two stocks represent, if not failing businesses, at least ailing ones; companies that struggled to keep up with the new economy even before the pandemic shut down large swaths of it. Yet over the past few months they have posted some of the most volatile gains and losses on the market.\nHow?\nIt’s down to what Real Money's Timothy Collins calls the market of “meme stock hyperbole.” But, he writes, is it really all that different from how trading has always worked?\nHave you ever really thought about the phrases 'to the moon' or 'conviction buy,' and how they mess with out perception of fair value?\n\"Initially, I rolled my eyes at the continued use of the phrase 'To The Moon,'\" Collins says. \"It's not like 'Strong Buy with a price target of $65', for instance. 'To the moon' is completely arbitrary and open to interpretation, but then again so are most things about valuation, when you think about it,\" Collins wrote.\n\"For instance, when an analyst pounds the table on a stock, how is that different from 'to the moon?' Or when someone says, 'all in.' Are they really all in? Did they cash in all their assets, pool the liquidity, and buy every share they possibly could? Probably not. Actually, I'd say definitely not 99.9999% of the time. Of course, there's always that one person,\" Collins said.\n\"But the point isWall Street has been arbitraryfor years. We can't even have a standard rating system. Is it 'Neutral' or 'Hold?' And really, do I want to hold something that is only in the middle of your range? No.\"\nCollins writes, \"The system should be 'buy' or 'sell.' That's it. Black or white. Own or don't own.\"\nAssets like GameStop and even cryptocurrency seem to be selling on nothing more than pure emotion. Investors are taking these products for a joy ride, and that tends to send prices flying up and down the ladder.\nThat’s confusing, to be sure. Just, before you go throwing your hands in the air, it’s important to remember that the stock market has always been at least a little bit arbitrary.","kind":null,"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":141771584,"gmtCreate":1625895710948,"gmtModify":1703750658523,"author":{"id":"3577185043030916","authorId":"3577185043030916","name":"Rontjk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577185043030916","idStr":"3577185043030916"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141771584","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141705607,"gmtCreate":1625889735509,"gmtModify":1703750533955,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3582020830270271","idStr":"3582020830270271"},"htmlText":"To the Sun.......and got burnt..???","listText":"To the Sun.......and got burnt..???","text":"To the Sun.......and got burnt..???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141705607","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141558400,"gmtCreate":1625882061600,"gmtModify":1703750343514,"author":{"id":"4087700265223580","authorId":"4087700265223580","name":"cloudyy","avatar":"https://static.tigerbbs.com/04b26a8e8aa7c3035df84275ad86ec81","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087700265223580","idStr":"4087700265223580"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141558400","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141586351,"gmtCreate":1625880482373,"gmtModify":1703750299410,"author":{"id":"3582927789816025","authorId":"3582927789816025","name":"SKLow","avatar":"https://static.tigerbbs.com/b3aeaabd2ee1ec9afcdda5a4aab1994c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582927789816025","idStr":"3582927789816025"},"htmlText":"Please like and comment. TQ","listText":"Please like and comment. TQ","text":"Please like and comment. TQ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141586351","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5177986,"gmtCreate":1625880496446,"gmtModify":1635232884658,"authorId":3582927789816025,"author":{"id":3582927789816025,"idStr":"3582927789816025","authorId":3582927789816025,"name":"SKLow","avatar":"https://static.tigerbbs.com/b3aeaabd2ee1ec9afcdda5a4aab1994c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":141586351,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":141516127,"gmtCreate":1625879979469,"gmtModify":1703750284382,"author":{"id":"3574919981905986","authorId":"3574919981905986","name":"Wahahoho","avatar":"https://static.tigerbbs.com/0bd4e59cf840fbdacfe232a14c46c038","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574919981905986","idStr":"3574919981905986"},"htmlText":"LAI AH","listText":"LAI AH","text":"LAI AH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141516127","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141534589,"gmtCreate":1625879662841,"gmtModify":1703750273845,"author":{"id":"3583235292459629","authorId":"3583235292459629","name":"Milopowder","avatar":"https://static.tigerbbs.com/af7c551102488406a8f7f878051ada74","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583235292459629","idStr":"3583235292459629"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141534589","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141595813,"gmtCreate":1625879133232,"gmtModify":1703750259292,"author":{"id":"3568786704362500","authorId":"3568786704362500","name":"Heng8818","avatar":"https://static.tigerbbs.com/3764044eede2191369830316254f5b6e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3568786704362500","idStr":"3568786704362500"},"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141595813","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141266027,"gmtCreate":1625875766869,"gmtModify":1703750167984,"author":{"id":"3579235597126488","authorId":"3579235597126488","name":"Cvt","avatar":"https://static.tigerbbs.com/c8fda02901ec7a98b51fe8e84d016ab2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579235597126488","idStr":"3579235597126488"},"htmlText":"Hold and up later","listText":"Hold and up later","text":"Hold and up later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141266027","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141283477,"gmtCreate":1625875312599,"gmtModify":1703750150736,"author":{"id":"3555065151273039","authorId":"3555065151273039","name":"Jackytan","avatar":"https://community-static.tradeup.com/news/6b0314202f797581d3e8716a67f721e6","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3555065151273039","idStr":"3555065151273039"},"htmlText":"I think the main difference is the amount of facts involved, and conversely, the amount of guesswork. But this is a good point being&nbsp;made... Just because you put some numbers into a mathematical equation, doesn't make it more factual and less guesswork. Statistics have always been made to lie. Likewise, both sides have blind followers who do neither fact-finding nor guessing.&nbsp;","listText":"I think the main difference is the amount of facts involved, and conversely, the amount of guesswork. But this is a good point being&nbsp;made... Just because you put some numbers into a mathematical equation, doesn't make it more factual and less guesswork. Statistics have always been made to lie. Likewise, both sides have blind followers who do neither fact-finding nor guessing.&nbsp;","text":"I think the main difference is the amount of facts involved, and conversely, the amount of guesswork. But this is a good point being made... Just because you put some numbers into a mathematical equation, doesn't make it more factual and less guesswork. Statistics have always been made to lie. Likewise, both sides have blind followers who do neither fact-finding nor guessing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141283477","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5177335,"gmtCreate":1625876952673,"gmtModify":1663230780841,"authorId":3584863771682470,"author":{"id":3584863771682470,"idStr":"3584863771682470","authorId":3584863771682470,"name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":141283477,"type":1,"supId":0,"prevId":0,"content":"Have to hold?","text":"Have to hold?","html":"Have to hold?"}],"langContent":"EN"},{"id":141291499,"gmtCreate":1625873769711,"gmtModify":1703750108997,"author":{"id":"3577246510298951","authorId":"3577246510298951","name":"Elsontok","avatar":"https://static.tigerbbs.com/5d91c4e73ceffea4b93c2c832535db3b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3577246510298951","idStr":"3577246510298951"},"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141291499","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141299120,"gmtCreate":1625873622160,"gmtModify":1703750105373,"author":{"id":"3586131488444401","authorId":"3586131488444401","name":"STKG","avatar":"https://static.tigerbbs.com/730c2482b43ac1909a601868b378a6e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586131488444401","idStr":"3586131488444401"},"htmlText":"Ok. To those buy these stock. Just hold.&nbsp;","listText":"Ok. To those buy these stock. Just hold.&nbsp;","text":"Ok. To those buy these stock. Just hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141299120","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141290980,"gmtCreate":1625873537340,"gmtModify":1703750103748,"author":{"id":"3576363559636103","authorId":"3576363559636103","name":"LimHianYew","avatar":"https://static.tigerbbs.com/6d37a520eb4e35950b060938ddb5e317","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3576363559636103","idStr":"3576363559636103"},"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141290980","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141203680,"gmtCreate":1625873013040,"gmtModify":1703750093799,"author":{"id":"3581823824860279","authorId":"3581823824860279","name":"Yckit2000","avatar":"https://static.tigerbbs.com/4ef76d8749f764af6242dbd7484ba22f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3581823824860279","idStr":"3581823824860279"},"htmlText":"Just hodl, as simple as that","listText":"Just hodl, as simple as that","text":"Just hodl, as simple as that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141203680","repostId":1173374462,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":141645635,"gmtCreate":1625871907527,"gmtModify":1703750073113,"author":{"id":"3573900388927422","authorId":"3573900388927422","name":"KayuHuat","avatar":"https://static.tigerbbs.com/9c2af8d81f1d7b5201bc1dfd421de52b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573900388927422","idStr":"3573900388927422"},"htmlText":"Need to be careful when buying this type of stock.","listText":"Need to be careful when buying this type of stock.","text":"Need to be careful when buying this type of 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