pekss

    • peksspekss
      ·02:42

      Is the meme party on?

      The meme community is in full display of force today, as it appears to unleash short squeezes on $AMC Entertainment(AMC)$   and $Faraday Future Intelligent Electric Inc.(FFIE)$  , as the latest meme darlings made some of their most spectacular rebound by over 60% and 30% so far this tonight trading hours. I believe that these to the feats of the meme stock community, as I could not find any news that would substantiate such uprising of stock prices of companies that have been plagued by weak demands, deteriorating balance sheets and stock prices that have plunged ver 99%. In fact, I'm not convinced that their rebounds in stock pri
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      Is the meme party on?
    • peksspekss
      ·05-11

      Will they roar back next week?

      $Grab Holdings(GRAB)$   will be posting its first quarter earnings results on 15 May. The ride-hailing, food-delivery and digital-banking company had thrived during the onset of the COVID pandemic when many had resorted to making use of its food delivery service amidst restrictive measures including closure of or reduced seatings in the dining halls of many F&B establishments to combat the spreading of the virus. However, the company has struggled to maintain its competitiveness post-pandemic with intensifying competition from other ride-hailing and food-delivery operators, while its newly launched digital banking business is not having an easy time too to compete with the incumbent banks. I believe tha
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      Will they roar back next week?
    • peksspekss
      ·05-11

      Have Tesla's cake and eat it

      US prosecutors are reportedly probing wire and securities frauds by $Tesla Motors(TSLA)$   in promoting its autopilot feature for its electric vehicles, as the regulators assert that the EV industry leader may have deliberately misled its customers and investors. Until the dust settles, stock of Tesla is likely going to be weighed down by poor market sentiments over the probe and potential penalties. On the other hand, a rebounce may be in sight for the Chinese EV startup trio $NIO-SW(09866)$ $XPENG-W(09868)$  and 
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      Have Tesla's cake and eat it
    • peksspekss
      ·05-11

      Will they return to their heydays?

      Many eyes will be on $Sea Ltd(SE)$  when it publishes its latest quarterly earnings results on 14 May. Stock prices of Sea, $PDD Holdings Inc(PDD)$ $Alibaba(BABA)$ $JD.com(JD)$  and $MEITUAN-W(03690)$   have been buoyant by prospects of potential forced divestiture of TikTok by its parent Bytedance under a bill that has been passed by the US government compelling the divestiture or otherwise the
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      Will they return to their heydays?
    • peksspekss
      ·05-11

      Will they thrive next week?

      Shares of $AMC Entertainment(AMC)$   has been buoyant lately with expectation of recovery in viewership at its cinema chain post-pandemic after COVID has resulted in a deep plunge in its box office due to movement restrictions. However, its earnings results this week suggested that its woes are far from over amidst intensifying competition from online streaming services by the likes of Netflix, Disney and Amazon. AMC has better quickly reinvent itself to stay competitive and remain relevant post pandemic, as the pandemic has changed forever the way many people would watch movies. Until a sound turnaround strategy is in place in its management, I believe that AMC's stock price has risen ahead of its fund
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      Will they thrive next week?
    • peksspekss
      ·05-11

      Will the Tesla-wannabes regain their past glories?

      $Faraday Future Intelligent Electric Inc.(FFIE)$   stock continues its unpredictable daily swings despite lack of new news that may explain the swings beyond broad market fluctuations, so they appear to be daily tug-of-wars between the Meme community and fundamentalists. The former has apparently been engaging in short-squeezing of the stock as its share price typically rockets for no good reason. On the other hand, the latter has been taking every rising opportunity to short-sell as the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. I've no intent to partake in these speculative trades and be caught in the crossfires. Short of
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      Will the Tesla-wannabes regain their past glories?
    • peksspekss
      ·05-07
      $Palantir Technologies Inc.(PLTR)$   has been beneficiaries of rising demands for data analytics solutions, as artificial intelligence applications soar on expectations of revolutionary disruptions that artificial intelligence promises to bring to enterprises and individuals. Palantir has launched its cutting-edge AI platforms or announced new AI products to expand its shares of the rapidly expanding market. As more AI wannabes jump onto the AI bandwagon, competitions are rapidly rising and it remains to be seen who will emerge as the eventual winners in their respective fields. Nevertheless, I do believe the Palantir enjoyS substantial technological moat in its areas of expertise e
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    • peksspekss
      ·05-07
      $Faraday Future Intelligent Electric Inc.(FFIE)$  made a spectacular comeback when its stock price shot through the roof today in the early trading hours! I believe that this is the feat of the meme stock community, as I could not find any news that would substantiate such an uprising of a company that has been plagued by weak demands, deteriorating balance sheet and stock price that has fallen over 99% over a year. Its pledge to turnaround the company, attain profitability and defend shareholder value has not shown any results so far, and its continuity as a going concern has caused an overhang over its stock price. In fact, I'm not convinced that the rebound in stock price overnight is any indication of the compan
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    • peksspekss
      ·05-04

      Is the heyday of AMC gone?

      The lifting of past measures to contain the COVID pandemic does not seem to have brought back huge crowds expected to AMC's theatre chain. Releases of blockbuster movies have done little to help too, as rising competition from the online movies streaming service providers like $Netflix(NFLX)$ , $Amazon.com(AMZN)$ and $Walt Disney(DIS)$   have taken a toll on AMC, that has been struggling to stay competitive and remain relevant post pandemic, as the pandemic has changed forever the way many people would watch movies. AMC will have to quickly reinvent itself to ada
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      Is the heyday of AMC gone?
    • peksspekss
      ·05-04

      Are EV stocks still attractive?

      The Chinese electric vehicle makers $NIO-SW(09866)$ $XPENG-W(09868)$  and $LI AUTO-W(02015)$  have been weighed down by waning domestic EV demands amidst a patchy recovery of the Chinese economy and intensifying competition both in the local and international marketst, as more players jump onto the EV bandwagon. The race to the bottom in the prevailing price war has resulted in narrowed profit margins, as the EV makers attempt to undercut one another to increase or defend their market shares. With slowing demands and shrinking profit margins, I would
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      Are EV stocks still attractive?
       
       
       
       

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