$NIO Inc (NIO.US)$ Stocks that have no bottom line
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$NIO Inc (NIO.US)$ What a garbage
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youngyolo
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A coalition of three hedge fund associations, including The Managed Funds Association, the Alternative Investment Management Association, and the National Association of Private Fund Managers, has filed a lawsuit against the Securities and Exchange Commission (SEC) challenging two new short-selling rules implemented in October. They argue that the rules are "arbitrary and capricious," conflicting, and violate the Administra...
![Meme Stocks Alert: Hedge Funds Are Suing the SEC Over Short-Selling Rules](https://ussnsimg.moomoo.com/feed_image/70040979/67d27e78479a300aa546d4a224c027bd.png/thumb)
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youngyolo
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$AMC Entertainment (AMC.US)$ soared on Tuesday as investors piled back into "meme stocks."
$AMC Entertainment (AMC.US)$ shares gained approximately 16.5% to $18.48 shortly before the close of trading on Tuesday.
Other so-called meme stocks also rose sharply on Tuesday, including $GameStop (GME.US)$ , $Express (EXPR.US)$ and $Koss Corp (KOSS.US)$ , all which gained at least 8% or more.
$AMC Entertainment (AMC.US)$ shares gained approximately 16.5% to $18.48 shortly before the close of trading on Tuesday.
Other so-called meme stocks also rose sharply on Tuesday, including $GameStop (GME.US)$ , $Express (EXPR.US)$ and $Koss Corp (KOSS.US)$ , all which gained at least 8% or more.
![There you go again](https://ussnsimg.moomoo.com/1648034760403-77777000-android-org.gif/thumb)
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youngyolo
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$GameStop (GME.US)$ stock — the next pick on this list of meme stocks — I’m going to start by borrowing some words from fellow InvestorPlace contributor David Moadel. In his piece, Moadel gives a thorough account of the beginning of the meme stock movement, back when retail traders beat Wall Street at their own game.
“In late February […] short sellers who bet against GME stock lost $1.9 billion in two days. By late May […] those shorting Gamestop had sustained a staggering $6.7 billion of losses in 2021 […] Fast-forward to mid-November 2021, and the share price is hovering near $200. GME stock defies technical analysis, just as the Reddit users defy traditional investment principles. The stock goes wherever it wants to, so predicting its path is neither possible nor relevant.”
Moadel has a point; GME stock continues to move unpredictably. There isn’t much else to say here. If you already own shares, it makes sense to hold this pick because it could easily spike again.
“In late February […] short sellers who bet against GME stock lost $1.9 billion in two days. By late May […] those shorting Gamestop had sustained a staggering $6.7 billion of losses in 2021 […] Fast-forward to mid-November 2021, and the share price is hovering near $200. GME stock defies technical analysis, just as the Reddit users defy traditional investment principles. The stock goes wherever it wants to, so predicting its path is neither possible nor relevant.”
Moadel has a point; GME stock continues to move unpredictably. There isn’t much else to say here. If you already own shares, it makes sense to hold this pick because it could easily spike again.
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youngyolo
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$ContextLogic (WISH.US)$ Zhuang is the dog of real dogs
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youngyolo
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