Weekly Buzz | Out of control, but interestingly so
Hello, mooers! ![]()
Welcome back to our weekly series, the upgraded brand new Weekly Buzz（known as WeeklyTop5), where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week!(Nano caps are excluded.)
We’ve got another wild week ahead. Trading stocks, especially $WallStreetBets (LIST2555.US)$ stocks, it's like playing roller coaster for traders and investors, even more exciting than the game. ![]()
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Let's take a quick review for the last week. $GameStop (GME.US)$, a video game retailer with weak sales, has become the central game piece in a financial power struggle between a major hedge fund, Melvin Capital, and a group of amateur stock traders on the internet.
Melvin Capital placed an insane number of leveraged short calls on GME, until the stock had a staggering 140% short ratio. In a popular subreddit called Wall Street Bets, independent traders saw an opportunity in the massive scale of the GME short calls. If they could convince enough of their fellow Redditors to buy GME stock, a “short squeeze” could be triggered. After a campaign of meme posts rallying the troops (like this one), the WSB army sent the stock skyrocketing by 400%, and except that, they also buy others stocks which were short by hedge funds. WSB concept stocks were made up of that.
On Friday, Citron Research said it would no longer publish short reports and instead will focus on long positions. Did they give in WallStreetBets? Please feel free to leave your comments!
According to the data below, every stock in Weekly Buzz list last week had outstanding performances. Crazy week for us to diging money! Here is the moomoo Weekly Buzz for last week for your reference:
GME
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Search Vol.: ★★★★★
Message Vol.: ★★★★★
$GameStop (GME.US)$ was the hottest stock in U.S. market last week, which drove hedge funds crazy but brought traders risks and gains. After the battle between Melvin Capital and Wall Street Bets, GME soared 399.92%, closed @$325 last week. The short squeeze saga has taken over the world, and every reader looks forward to the end.
AMC
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Search Vol.: ★★★★★
Message Vol.: ★★★★★
$AMC Entertainment (AMC.US)$ also attracted a large number of traders' attention, up 277.78% last week and settled in the green. AMC Entertainment Holdings Inc. avoided bankruptcy with convertible debt offerings, and one debt investor converted into shares last week for an immediate score. Anyway, $AMC Entertainment (AMC.US)$ notched the best performing weeks ever.
NOK
Search Vol.: ★★★★☆
Message Vol.: ★★★★☆
Search Vol.: ★★★★☆
Message Vol.: ★★★★☆
$Nokia Oyj (NOK.US)$ has been reeled into the current Wall Street war between hedge fund managers and the WallStreetBets and it is not even a highly shorted company. Shares of the Finnish telecom giant sank by 8.57% last week and the stock closed at a price of $4.56 to end a tumultuous week on Wall Street. No matter what will end for this short war, Nokia actually has its own legs to stand on after the WallStreetBets rally ends.
$Nokia Oyj (NOK.US)$ will release its quarterly earnings report on Thursday, February 4, 2021, and host a conference call the same day at 8:00 AM EST to discuss Q4 2020 earnings results.
Our platform @moo_Live will broadcast the earnings conference call in sync for $NOK shareholders to get the latest information.
NAKD
Search Vol.: ★★★★★
Message Vol.: ★★★☆☆
Search Vol.: ★★★★★
Message Vol.: ★★★☆☆
$Cenntro Electric (NAKD.US)$ 's stock price increase has to do with the encouragement of buying up shares on social media. Naked Brand Group Ltd (NAKD) stock ascended 273.3% at $1.65 last week. $Cenntro Electric (NAKD.US)$ were trading higher amid continued momentum driven by retail investor interest in the stock. That begs the question, how many shorts are left? Place your bets…
BB
Search Vol.: ★★★★☆
Message Vol.: ★★★☆☆
Search Vol.: ★★★★☆
Message Vol.: ★★★☆☆
$BlackBerry (BB.US)$ gained a little from this battle, just edging up 0.43% last week. It did surge a lot during last week, but lost much of their gains from the day before as the stock tumbled 41.64% to close the trading session at $14.65. Like Nokia, BlackBerry actually has legs to stand on even after all of this is over.
Thanks for reading! What are your strategy this week on WSB stocks? Will you FOMO? Welcome to share your views and insights with us! Click to join![]()
Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.
1. AI monitor for traders to get real-time price movement among thousands of stocks in the market.
1. AI monitor for traders to get real-time price movement among thousands of stocks in the market.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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ImJustHere : Out of all the companies NOK realistically is the best fundamentally sound company. look at their contracts. the others are pumps, NOK is the leading 5g competitor. Billions in revenue per year. Look at the others financials.
treydongui : agreed $Nokia Oyj (NOK.US)$
JILLION : I agree. The price of NOK is best right now and we could definitely take that one on. I have AMC & NOK. ALSO, keep in mind the oil... in 2008 it went to 4/gallon. Right now it’s low to buy n on some.. it’s gonna skyrocket with the same admin in there!!!!
tomWilliam : yes
MicheletGuillaume : hello how to operate this platform
I know nothing : so when is this squeeze gonna start???
I know nothing : for amc
cockNTail : they didn't like being made out as a liar and thieves!!! which they are.
cockNTail JILLION : solar and the renewables are going to send oil back to the prices of the late 80s. batteries and solar panels on cars like they have for big rigs. I a retired driver and can tell you that from true experience. Anti-Matter once they figure out how to encapsulate it will be standard fuel like mac addresses is taking over the ipv4 name spaces. Ijs so don't be too quick to jump on oil. it's going to have a bump then back to the gutter.
JILLION cockNTail : We need petroleum to make the wind turbines. And we can’t completely eliminate oil bc it’s a process to have EVERYONE, BILLIONS of people to switch over. I say it’s gonna go up bc we’re not going to be supplying ourselves until then
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