Weekly Buzz: WSB stocks on a rollercoaster

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Back to weekly buzz, $Dow Jones Industrial Average(.DJI.US)$ and $S&P 500 Index(.SPX.US)$ moved higher last week. Here's the weekly buzzing stock list of last week:

Shares of $AMC Entertainment(AMC.US)$ bounced around before settling lower in another volatile session Friday. After rocketing 95% last Wednesday, this stock closed at $47.910 last Friday with a weekly increase of 83.42%. Meanwhile, AMC helped fuel the trading frenzy around its stock last week, as it offered a “free large popcorn” to members of its new AMC Investor Connect. AMC then said after last Thursday’s closing bell that it will ask shareholders for the authority to issue up to 25 million additional shares. What's your attitude about it? Leave your comments below.
Mooers comment
@GarfieldTT : AMC joke or not?
we will never know what will happen next week. but i do know that shorts will get squeezed. going higher is a lot easier due to curbs on short selling.
when we reach the moon, then we shall see the joke is on who....Click to answer this question..

The meme-stock momentum has shifted to  $BlackBerry(BB.US)$ in recent days. Its shares soared to a 52-week high of $36 in late January before falling back down to earth by the opening days in February. Rising 37.64% last week, $BlackBerry(BB.US)$ closed at $13.860 last Friday, staging a comeback to kick off the month of June. BlackBerry is expected to release its first-quarter fiscal 2022 results towards the end of this month. In fiscal 2021, the company made some impressive strides. It gained huge momentum in December 2020 after it announced a collaboration with Amazon Web Services. Are you bullish on $BlackBerry(BB.US)$ ？Share your ideas with other mooers.
Mooers comment
@Yaya G : big investment company just played trick on all small stock investor, this is the best way for them to make money on meme stocks. Individual stock players have to be careful, if you don't have enough money to continue buying at low prices, don't take risks, it's better to buy ETF's.
Click to read more...

SNDL
Message Vol.: ⭐⭐⭐⭐

Shares of $SNDL Inc(SNDL.US)$ were up 12.37% last week, closing at $1.090 last Friday with more than 370 million shares traded on this day alone. Like AMC, $SNDL Inc(SNDL.US)$ has a large following on Reddit and other social media sites. The stock also received a boost earlier last week, when Amazon announced that it would support federal marijuana legalization efforts. The company has a consensus rating of “Hold” and an average price target of $0.80. Will you keep holding it this week?
Mooers comment
@linuslin : SNDL Analysis
 Please check my support and resistant guide.

TSLA
Message Vol.: ⭐⭐⭐⭐

Closing at $599.050 last Friday, $Tesla(TSLA.US)$  managed to gain upside momentum despite reports about a significant drop in China May sales and Bitcoin’s decline after Elon Musk’s tweets. Treasury yields declined and tech stocks got a boost after the release of weak U.S. Non Farm Payrolls report. The positive impact of lower yields was sufficient enough to offset a disturbing report about the company’s sales in China and the recent sell-off in Bitcoin which was triggered by Musk’s tweets. What's your view on it? Place your bets.
Mooers comment
@SEA Hedge : Tesla Steps Up Senior Recruitment in India Amid Push Into Nation
Tesla has begun recruiting for leadership and senior level roles in India, according to a person familiar with the matter, as it gears up to break into one the world’s biggest emerging car markets. Click to read more...

GME
Message Vol.: ⭐⭐⭐

With the return of the momentum in meme stocks, shares of $GameStop(GME.US)$ were 11.87% higher over the last week. But beyond the Reddit-induced rally, some investors are excited about the developing fundamental story, including optimism about the new gaming cycle from Microsoft’s (MSFT) Xbox and Sony (SNE) Playstation. Reports suggest demand for consoles is currently outpacing supply, which ordinarily would bode well for $GameStop(GME.US)$ . What's your expectation about this stock? Leave your ideas.
Mooers comment
@MisterJ420 : Love this moment on moomoo in the morning!
its like drivers, start your engines, and you feel and hear that massive rumble as 50 cars rev up! Click to read more...

Thanks for reading! Hope you all have sexy gains this week!

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