Weekly Buzz: The pump-and-dump of IPO stocks
Spoiler:
At the end of this post, there is a chance for you to win points!
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Happy Monday, mooers! Welcome back to 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 of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved downward, Russell 2000 Index decreased 1.65% last week (As of Aug 26, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla’s stock has officially split 3-for-1undefined and it got its first price target update post-split at $360 a share. The share price fell 2.89% to $288.090 for the week (As of Aug 26, 2022).
Mooer comment
@Value Investing:
$Tesla (TSLA.US)$ Tesla is unexpectedly holding strong. Their fundamentals are increasingly becoming better, and despite challenges their cars are becoming more prolific throughout the country and beyond (I see several everyday in NYundefined it amazes me).
Read more >>
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC has $9.7 billion in debt and operating leases, which acts like debt. Its share price slumped 17.90% and closed at $9.170 (As of Aug 26, 2022).
Mooer comment
@UR2EZ:
$AMC Entertainment (AMC.US)$ seems like everyone just looks at the price action and wonders what's happening out in the world. go watch the news and pay attention, big money is playing Arbitrage between AMC and ape. I said a couple days ago this would come to 8.50, it was expected and obvious.
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3. JZ- Buzzing Stars: ⭐⭐⭐⭐
Jianzhi Education is a digital educational content company based out of Beijing. Its stock skyrocketed in the wake of its IPO, and it surged up to 3620% intraday. The share price of JZ closed at $18.750 with a weekly growth of 275.00% (As of Aug 26, 2022).
Mooer comment
@Reubend Curry:
$Jianzhi Education (JZ.US)$ the ones of y'all just getting into this because it's been hot on social media. please do not start crying and praying about you losing mone, but I will help you out you better sell that sht within the first 10 min.
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4. STBX - Buzzing Stars:⭐⭐⭐⭐
Starbox is an Asian fintech based in Malaysia. Its stock rose nearly 300% on its initial public offering (IPO) day. STBX's stock surged 33.00% to $5.320 for the week (As of Aug 26, 2022).
Mooer comment
@F_J_B_2022:
$Starbox Group (STBX.US)$ So looking at the technicals this is getting shorted pretty hard. I think they are trying to get the price down as low as possible before buying in. Once the whales start buying, it's going to blow up.
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5. BBBY - Buzzing Stars: ⭐⭐⭐
Bed Bath & Beyond Inc has been struggling recently with high debt and falling sales despite attempts to overhaul it. Its stock slipped 2.99% to $10.700 for the week (As of Aug 26, 2022).
Mooer comment
@doctorpot1:
Company management at $Bed Bath & Beyond Inc (BBBY.US)$is in exclusive talks with Sixth Street Partners for a new line of credit of around $375 million, which would be backed by assets including the baby brand.
Read more >>
6. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia cut its guidance versus analyts' estimates for the third consecutive time over the past three months. It blamed a softening economic environment and a sharp slowdown in demand for its gaming graphics cards. Its stock price closed at $162.600, with a weekly drop of 8.90% (As of Aug 26, 2022).
Mooer comment
@WallStreetYoda:
$NVIDIA (NVDA.US)$heres some of the stock splits and price action days later and the first div of 75c that continued for a while and montly fool saying this is bearish but if you pay for Premium subscription we may say its bullish
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7. APE - Buzzing Stars:⭐⭐⭐
AMC preferred equity unit shares were trading lower on volatility following the stock's IPO debut last Monday. The price of APE closed at $6.500, with a weekly decline of 6.47% (As of Aug 26, 2022).
Mooer comment
@LionsShare:
$AMC Preferred Equity Unit (APE.US)$ In my honest opinion, EVERYONE SHOULD DRS THEIR APE IMMEDIATELY! the less there is in our shady brokers accounts the better and it reduces the number of legal shorting that can be done.
Read more >>
8. BABA - Buzzing Stars:⭐⭐⭐
Since last Thursday, Chinese stocks have been moving following the news that the country's government will add more stimulus to its economy. BABA's stock jumped 9.34% to $98.000 for the week (As of Aug 26undefined 2022).
Mooer comment
@Sonic The HEDGED:
ALIBABA ADR 26 August Friday. After sharp riseundefined profit taking at 100 resistance brought it down to close lower. The uptrend is still intact.
ALIBABA ADR 26 August Friday. After sharp riseundefined profit taking at 100 resistance brought it down to close lower. The uptrend is still intact.
9. SPY - Buzzing Stars:⭐⭐⭐
The price of SPY decreased 3.99% last week and finally closed at $405.310 (As of Aug 26, 2022).
Mooer comment
@SpyderCall:
Things are looking BEARISH after Jerome Powell's Speech.
The outlook for the major indices >>
10. GRAB - Buzzing Stars:⭐⭐
Grab reported the loss in the quarter was larger than expected and it issued gross merchandise volume (GMV) guidance that disappointed investors. Its share price went down 11.34% to $3.050 over the past week (As of Aug 26, 2022).
Mooer comment
@Stirling:
If investors want GRAB to be profitable, they could possibly achieve it by cutting off the delivery and financial services segment.
Read more >>
Thanks for your reading!
Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Part Ⅲ: Weekly Topic
Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on:
This week, we'd like to invite you to comment below and share your idea on:
How should investors treat the advice of stock analysts?
We will select 15 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Top Comment Technique:
Fundamental / Technical / Capital Analyses
Personal Trading Experience
Any bright insights or knowledge
Fundamental / Technical / Capital Analyses
Personal Trading Experience
Any bright insights or knowledge
Previous of Weekly Buzz
Disclaimer: Comments above are made available for informational purposes only. Before investingundefined please consult a licensed professional.
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HopeAlways : Some of the most highly regarded stock analysts spend their days looking into opportunities in the stock market. These analysts make their money by sharing their opinions on stocks and what they believe will happen in the future. Knowing that successful investing is born in research, many new investors make their stock decisions by blindly following the opinions of analysts rather than doing their own research when making investment decisions. This can be very risky as their opinions may not be fully objective and cannot be fullly depended on for sound investment decisions.
Syuee : If investors do not do their own research, no stock analyst will be able to help them.
Many so-called stock analysts don't even invest in the stocks that they comment about.
If an investor follows those comments as if they are “ gospel sermon “, there is nothing one can do about it, for invariably stock analysts usually add a “no liability clause” at the end or at the beginning, of their statements.
Many are financial journalists. They have not delved in the numbers on the company’s annual reports.
They can be merely comments. It is not wise to invest based on other people’s opinion.
It is best to get the company’s annual report yourself and look at past performance, and future projections.
Do the senior associates own the company shares? Be careful of this, as it would be like a person who cooks and invites you to participate in the meal, yet they themselves won’t even sample the meal.
How does the cash flow looks like ? What is the size of the company’s financial obligation ? How much cash is on the books, etc ?
These and some other matters will be worth looking into, before investors lay their money down, rather than blindly following stocks analysts.
#ThinkBig
#TrustYourself
HopeAlways Syuee : The bottom line is that analysts are not working for investors. Who they work for can create biases that can may their work unreliable at best. It pays for the investor to do their own research for any investing decisions.
Syuee HopeAlways : I think one could do very well by watching Jim Cramer’s show Mad Money on CNBC.
Watch faithfully and then just do the exact opposite of what he recommends.
If he says to sell a stock, buy it. If he says to buy a stock and you own it, then sell it.
#JustForLaughs
#NFA
F_J_B_2022 : I'm going to make this short and sweet so anyone can understand. I am still pretty new to the market and I have learned a lot from people on YouTube.
The biggest lesson regarding these "not financial advice" advisers. If you haven't paid for their private page, you are already too late. Don't buy what they are discussing.
And the second most valuable thing I have learned from these "analysts" is that if you are listening and jump in a play with them, you better be watching and ready to sell quick. They are pump-and-dump schemes. They find stocks with good charting and they promote it to the point that thousands, if not millions, of people buy into the hype. But by that point they have their shares at a super low price. Once we start buying and the price shoots up, they are selling quick.
Don't listen to these clowns for actual buying advice. They are no different than Nancy Pelosi. Using their positions to pump a stock so that they can make profit off of their viewers.
doctorpot1 : Most analyst have a vested interest when they are giving advise. If it is 100% guaranteed to earn money, no one will ever share it with you, because once everyone knows about it, the money is gone.
Analyst who tells you to long, most likely will benefit from stock price going up thus they are trying to build momentum up. Those who attacks the company will have shorted the company and would want more panic, and more selling. Sure we may ride the momentum with their analysis, but just be wary of their hidden agenda.
However, they do provide a lot of benefit, such as highlighting of our knowledge gap. Which mean by listening to their point of view, we might uncover what we don't know we don't know. They allows us to research deeper and add them into our own model and thus making our model much stronger.
For example, every youtuber is saying that China economy will collapse as the property crisis is just like that of the 2008 financial crisis. I was very scared at first, until another youtuber pointed out that China unlike US have very tight capital control unlike US. Why does it matter? Look at Russia, its currency crashed when sanction hits them, but because they implemented capital control, now Russian dollar is way stronger then ever before. So in Chija case, they could theoretically print money out of this crisis without too big of an impact.
So by listening to different and opposing views, it just helps to stregthen our own decision.
VCSuccess HopeAlways : With predictions surrounding earnings per share, revenue, and share price, coupled with ratings from research analysts, many newcomers believe research legwork has been done for them, deciding to dive into any stock analysts deem to be a strong investment opportunity. But they shouldn't blindly follow the opinions of analysts.
DIGI MONEY : just be patient.
Rome wasn't built in a week.
witty Llama_cin : Take the advice of stock analysts with a pinch of salt
71750344 : I’m doing nothing about IPO stocks, in fact, I’m doing nothing with my regular stocks, as the market keeps sliding downwards by irresponsible decisions by this Administration. Therefore, I’m letting all my stocks ride…
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