[Weekly Buzz] Will retail traders be able to pull off another GameStop?
Hello, mooers! Welcome back to our weekly series, the upgraded brand new Weekly Buzz, 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.)
Looking back to the past, we've got a quite rough week. Following the major indices, every sector settled in the red. On Friday, labor Department announced the unemployment rate for January fell sharply from 6.7% to 6.3%. A very low rate of unemployment, however, can have negative consequences. What effect will low unemployment rate bring to the stock market? Please feel free to exchange your insights in the comments!
Now let's review buzzing stocks of last week.
AMC
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Search Vol.: ★★★★★
Message Vol.: ★★★★★
$AMC Entertainment (AMC.US)$ got chopped last week, which tumbled 48.49%, and closed at $6.83 last Friday. Despite the recent flurry in trading activity in the shares, this is still a company running a profitless business that was reeling even before the pandemic. With a bleak outlook and the short squeeze seemingly all but over — and with the long squeeze just beginning, will you continue to be $AMC's shareholder?
GME
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Last month — and in just one week — $GameStop (GME.US)$ GME jumped more than 1,000% in what was one of the biggest short squeezes in market history. After two weeks, GameStop shares took the elevator to new lows, dropping 80.38% and closing at $63.77 last week. It seems that the massively hyped short squeeze that fueled the astronomical rise of GameStop appears to be running out of steam.
SNDL
Search Vol.: ★★★★★
Message Vol.: ★★★★★
Search Vol.: ★★★★★
Message Vol.: ★★★★★
$SNDL Inc (SNDL.US)$ ascended 38.65% because there's a good news from Biden and his goverment. On last Wednesday, the majority leader of the United States Senate, Chuck Schumer, wanted to legalize weed -- and not just on a state-by-state basis, but across the entire country, through national legalization. Stock market did react to news fastly. Will marijuana stocks behave better? Place your bets...
NIO
Search Vol.: ★★★★
Message Vol.: ★★★☆☆
Search Vol.: ★★★★
Message Vol.: ★★★☆☆
$NIO Inc (NIO.US)$ didn't have good performance in share price last week, but brought exciting news. On February 1, NIO announced the number of deliveries in January 2021. Data shows that NIO delivered 7,225 new cars in January, an increase of 352.1% year-on-year, setting a new high in the number of single-month deliveries of the brand for the sixth consecutive month. Let's see if NIO has digested this good news or not this week.
Silver
Search Vol.: ★★★★
Message Vol.: ★★★☆☆
Search Vol.: ★★★★
Message Vol.: ★★★☆☆
Silver has become the latest example of the influence wielded by followers of WallStreetBets targeting inequality in the global financial system. A WSB post circulating on Twitter called the silver bullion market "one of the most manipulated on earth," saying it should be at $1K/oz, then retail traders storming into the metal after betting billions of dollars on stocks last week. However, spot prices of silver declined on Thursday. Will silver follow meme stocks' path?
Thanks for reading! Hope you all have sexy gains this week!
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.
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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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ghostmoney : when you create a highly volatile stock, you attract DAY TRADERS, gamestop worked cause day traders had no clue, but your news coverage, allerted them to these money makers through the art of day trading and or scalping, so essentially the movement is dead because day traders are inadvertently shielding the hedgefunds
DEADSEED1111 ghostmoney : You sir sir beer
A B4 : Forget them look at HCMC FLYYYYY
treydongui : info on point. thanks...
treydongui A B4 : sure will. thanks
treydongui A B4 : ummmm, how many y's is that there? you better get that fixed before the Grammar Nazis show up. lol jk, you're safe here. we hunt for grammar Nazis
STD0313 ghostmoney : I just tried to make that point to someone who was daydreaming it and still looking for it to squeeze.
That said, there is still great value to be found. It been read a thousand times but no matter what.....this a solid pick for a cheap price. I will keep mine.....I may not be in a rocket ship, but in 8 to 9 months I will have solid chuck of change. Its going to be 15 at least end of summer.
Here is my personal squeeze thoughts. To me it is now in the hands of Wanda. And here is why I find support for the squeeze.
They converted B shares to A shares making them ready to sell, BUT THEY DID NOT MAKE A SALE YET. If my info is still current.
Why would they cut back there class B just far enough to maintain there hold on the company and then sit on the shares??? What are they waiting for I wonder?
I think if I could really put the hurt on this hedge fund that has been nipping my heels all the way into bankruptcy.
Not sure what will happen, but our wait is very close to done......
Lou Blacksail : SNDL is not a meme stonk...
slicric33 : t $Indexiq Etf Trust Iq Chaikin U S Small Cap Etf (CSML.US)$
71640655 : please remove these cruel device ,malicious cookie or flash cookie. please please
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