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This year's activity coincided with a surge of rookie investors who joined the world of stock trading to ride the historic market rebound. Remote work, stimulus checksandhigher personal savings levels,as well as social media chatrooms only accelerated the boom in retail trading.
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop (GME.US)$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment (AMC.US)$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards. $Koss Corp (KOSS.US)$jumped 285%, $BlackBerry (BB.US)$ was up 43% for the year, while $Tesla (TSLA.US)$added 51%. On the down side, $ContextLogic (WISH.US)$dipped 80%, $Clover Health (CLOV.US)$dropped about 75%. $Palantir (PLTR.US)$ and $Bed Bath & Beyond Inc (BBBY.US)$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC
The meme stock saga started just days into 2021 when retail traders teamed up on Reddit's WallStreetBets' forum, aiming to bid up $GameStop (GME.US)$'s shares, which were heavily shorted by hedge funds. The retail buying triggered massive short covering among hedge funds that fueled the rally even further.
Trading volume for GameStop and meme stock favorite $AMC Entertainment (AMC.US)$ has faded. About 2.5 million shares of GameStop are changing hands daily based on a 30-day average as of Dec. 22, a fifth of that in January.
--- according to FactSet
Reddit traders also appear less focused on GameStop and AMC, which were the two most-mentioned tickers on WallStreetBets this year.
--- according to data tracker YoloStocks
WallStreetBets mentions for both peaked on Jan. 28 at about 267,000 for GameStop and 47,000 for AMC, but typical days for each over the past few months see hundreds, not thousands, of mentions.
Follow me to know more about meme stocks
Despite recent market sell-offs with GameStop and AMC each dipping to their lowest levels in months on Dec.14. But both stocks are up this year, at about 707% and 1,245% as of Dec.27, respectively .
Performance varies for other stocks popular on Reddit message boards. $Koss Corp (KOSS.US)$jumped 285%, $BlackBerry (BB.US)$ was up 43% for the year, while $Tesla (TSLA.US)$added 51%. On the down side, $ContextLogic (WISH.US)$dipped 80%, $Clover Health (CLOV.US)$dropped about 75%. $Palantir (PLTR.US)$ and $Bed Bath & Beyond Inc (BBBY.US)$ was down roughly 20% and 10%, respectively.
Source: Reddit, CNBC
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$Desktop Metal (DM.US)$ DM - incredibly diverse portfolio of 3d printing, could be a solution to supply issues in the future but it’s their Desktop Heath sector that i’m most excited about
they’ve monopolised the 3d printing space very early on since going public and should see those acquisitions reflect in earnings in the next FY. excellent levels to buy at here with reasonable market cap
they’ve monopolised the 3d printing space very early on since going public and should see those acquisitions reflect in earnings in the next FY. excellent levels to buy at here with reasonable market cap
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$Bakkt Holdings (BKKT.US)$ can't tell folks what to do, but why sell and hurt the AH action for a few pennies when we could be setting this up for another monster day tomorrow.
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Trump's comeback is going to be HUGE!
Trump Media & Technology Group (TMTG) and $Digital World Acquisition Corp (DWAC.US)$ have entered into a definitive merger agreement, reported in a press release on 20 Oct 2021.
What happen next, is that, in the past two trading days, $Digital World Acquisition Corp (DWAC.US)$ have rocket from USD 10+ per share to, at one point, USD 175 per share, in a series of circuit breakers!
In the TMTG PowerPoint slides (you may download the PDF version here), the company will have a competitive structure, to compete with FAANG ( $Meta Platforms (FB.US)$, $Amazon (AMZN.US)$, $Apple (AAPL.US)$, $Netflix (NFLX.US)$, $Alphabet-C (GOOG.US)$ ) and other companies such as $Disney (DIS.US)$.
However, Trump comeback may not be just the merge of TMTG and DWAC only. There are news that the CEO of $Digital World Acquisition Corp (DWAC.US)$, Mr. Patrick Orlando, is also the CEO of $Benessere Capital Acquisition Corp (BENE.US)$ and $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt (ZGYH.US)$.
Currently, $Benessere Capital Acquisition Corp (BENE.US)$ is in talks to merge with ECombustible, a maker of hydrogen-based fuel.
According to ECombustible website, it has been running industrial-scale tests on its hydrogen-based fuel since around mid 2021.
It is also important to know that green hydrogen can be used to power vehicles, factories, planes and even future spaceships! Wow, can you see how HUGE the ambition is!
As for Yunhong International ( $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt (ZGYH.US)$ ), it is located in Wuhan, China, and shared the same address as Yunhong group, that sells a range of supplements such as "Natural Brain Booster Capsule". Wow, it will be great if it produces covid treatment syrups.
Last but not least, an article on $Phunware (PHUN.US)$ from USA Today wrote about a partnership on the Trump-Pence 2020 Reelection Campaign's mobile application, which sparked speculation that $Phunware (PHUN.US)$ may be involved with the new 2021 social network development.
Now, that's why Trump's comeback may be more than meets the eye! It's probably going to be HUGE!
So, please remember to do your due diligence as it is going to be a very high risk trade, that may pay its investor a handsome reward!
Optimus Trump: It's going to be a HUGE comeback!
Please to show your support.
Thank you and see you all soon.
Trump Media & Technology Group (TMTG) and $Digital World Acquisition Corp (DWAC.US)$ have entered into a definitive merger agreement, reported in a press release on 20 Oct 2021.
What happen next, is that, in the past two trading days, $Digital World Acquisition Corp (DWAC.US)$ have rocket from USD 10+ per share to, at one point, USD 175 per share, in a series of circuit breakers!
In the TMTG PowerPoint slides (you may download the PDF version here), the company will have a competitive structure, to compete with FAANG ( $Meta Platforms (FB.US)$, $Amazon (AMZN.US)$, $Apple (AAPL.US)$, $Netflix (NFLX.US)$, $Alphabet-C (GOOG.US)$ ) and other companies such as $Disney (DIS.US)$.
However, Trump comeback may not be just the merge of TMTG and DWAC only. There are news that the CEO of $Digital World Acquisition Corp (DWAC.US)$, Mr. Patrick Orlando, is also the CEO of $Benessere Capital Acquisition Corp (BENE.US)$ and $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt (ZGYH.US)$.
Currently, $Benessere Capital Acquisition Corp (BENE.US)$ is in talks to merge with ECombustible, a maker of hydrogen-based fuel.
According to ECombustible website, it has been running industrial-scale tests on its hydrogen-based fuel since around mid 2021.
It is also important to know that green hydrogen can be used to power vehicles, factories, planes and even future spaceships! Wow, can you see how HUGE the ambition is!
As for Yunhong International ( $Yunhong International Units 1 Cl A Ord Shs 1/2 Red Wt And 1 Rt (ZGYH.US)$ ), it is located in Wuhan, China, and shared the same address as Yunhong group, that sells a range of supplements such as "Natural Brain Booster Capsule". Wow, it will be great if it produces covid treatment syrups.
Last but not least, an article on $Phunware (PHUN.US)$ from USA Today wrote about a partnership on the Trump-Pence 2020 Reelection Campaign's mobile application, which sparked speculation that $Phunware (PHUN.US)$ may be involved with the new 2021 social network development.
Now, that's why Trump's comeback may be more than meets the eye! It's probably going to be HUGE!
So, please remember to do your due diligence as it is going to be a very high risk trade, that may pay its investor a handsome reward!
Optimus Trump: It's going to be a HUGE comeback!
Please to show your support.
Thank you and see you all soon.
From YouTube
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$Digital World Acquisition Corp (DWAC.US)$ Trump will be back in 2024 🚀
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Stocks dawg
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Trump's new media company announced that it will launch the social platform "TRUTH Social" and go public through the SPAC company $Digital World Acquisition Corp (DWAC.US)$ . DWAC surged by 356% on Thursday, with a turnover of nearly 14 billion U.S. dollars.
According to reports, Trump’s new company, Trump Media & Technology Group (TMTG, Trump Media & Technology Group), said on Wednesday night that it has reached a final merger agreement with the shell company $Digital World Acquisition Corp (DWAC.US). Business combination will be carried out, subject to regulatory approval and shareholder approval.” The transaction valued Trump Media Technology Group at US$875 million.
DWAC's stock price stopped trading briefly on Thursday due to large fluctuations. The intraday increase reached 400%, and finally closed up 356.83%. The turnover of nearly US$14 billion ranked second in the US stocks’ turnover on the day, with the latest market value of US$1.635 billion.
DWAC jumped to one of the 10 most popular stocks in Reddit's WallStreetBets chat room on Thursday, even surpassing the "meme" stock game station.
Trump said his company will launch a new social platform called "TRUTH Social" to counter companies such as social media giants Facebook and Twitter.
TRUTH Social is currently available for pre-subscription in the Apple App Store. The company plans to release its BETA version to invited users in November, and then launch it nationwide in the first quarter of 2022.
Climb up wherever you fall
After being banned by Facebook Twitter, is Trump going to "return the king"?
According to reports, Trump’s new company, Trump Media & Technology Group (TMTG, Trump Media & Technology Group), said on Wednesday night that it has reached a final merger agreement with the shell company $Digital World Acquisition Corp (DWAC.US). Business combination will be carried out, subject to regulatory approval and shareholder approval.” The transaction valued Trump Media Technology Group at US$875 million.
DWAC's stock price stopped trading briefly on Thursday due to large fluctuations. The intraday increase reached 400%, and finally closed up 356.83%. The turnover of nearly US$14 billion ranked second in the US stocks’ turnover on the day, with the latest market value of US$1.635 billion.
DWAC jumped to one of the 10 most popular stocks in Reddit's WallStreetBets chat room on Thursday, even surpassing the "meme" stock game station.
Trump said his company will launch a new social platform called "TRUTH Social" to counter companies such as social media giants Facebook and Twitter.
TRUTH Social is currently available for pre-subscription in the Apple App Store. The company plans to release its BETA version to invited users in November, and then launch it nationwide in the first quarter of 2022.
Climb up wherever you fall
After being banned by Facebook Twitter, is Trump going to "return the king"?
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Stocks dawg : How about mother Fuggggin $Allakos (ALLK.US)$ !!!!!