Author: tremendousblog
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After an incredible 17-fold rise this year, AMC Entertainment Holdings, Inc. has become one of the hottest stocks in the market. But which state is the craziest for this meme stock? It turns out my home state of New Jersey is #1 in the country for searches of “AMC” as…
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+ AMC, Finance, Investing, Meme stocks, Money, New Jersey, NJ, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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Gambino family boss Paul Castellano had a problem: he couldn’t get hot water in his shower. The mansion he had built on Staten Island’s Todt Hill was so large that water cooled in the pipes before it could reach the bathroom. The contractor he got to help him was a…
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The National Securities Clearing Corporation (NSCC), which handles a huge percentage of all stock trades, may soon increase capital requirements for firms 25-fold: DESCRIPTION OF THE PROPOSED RULE CHANGECurrently, NSCC requires each Member to maintain a minimum Required Fund Deposit amount of $10,000. NSCC proposes to increase each Member’s minimum…
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+ Business+ AMC, Finance, Gamestop, Investing, Money, Personal finance, Reddit, Stock Market, Stocks, Stonks, Wallstreetbets+
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Jim Chanos, Founder and President of the Kynikos Associates hedge fund, has some harsh criticism for holders of AMC and other meme stocks: What I see on Reddit, Twitter and elsewhere is the exact opposite. The communities have a strong determination to hold and often find the position deeply personal.…
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+ Business+ AMC, Finance, Gamestop, Hedge funds, Investing, Money, Personal finance, Reddit, Stock Market, Stocks, Stonks, Wallstreetbets+
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If you run a retail business, you know what a royal pain online review sites can be. Get one unreasonable customer, and all of a sudden their bad day is turned into your business nightmare. An angry one star screed torpedoes your average and you’re left to rebuild, bit by…
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Where I live in Northern New Jersey, Dunkin Donuts is an institution on par with the Giants or the Catholic Church. And since I’m willing to accept even the hardest jobs in the service of you, my readers, I decided it was time to clear something up. What are the…
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In 2021, stock in heavily shorted AMC Entertainment Holdings, Inc. has increased more than fifteen fold. Short sellers have lost billions in it and other meme stocks like GameStop, and seem to be becoming more gun shy about short selling in general. I came across an interesting research note today…
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Investors in AMC Entertainment Holdings, Inc. have long tried to draw attention to the possibility of illegal naked short selling in the company’s shares. One common sign of naked short selling is “fails to deliver,” or trades that are not closed out. So I found it interesting that AMC has…
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China’s government has launched a severe crackdown on its leading tech companies. Didi Chuxing, the equivalent of Uber, has been removed from app stores and ed tech companies are now required to be nonprofit, likely wiping out their investors. A major index of Chinese tech stocks is down over 40%…
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In southern China near the border with Laos, there is a mine. To this day, it is heavily guarded by the Chinese government. Any journalist who tries to visit is detained. Inside the mine: the possible origin of the COVID pandemic. Scientists identified the animal that first transmitted the original…
Tremendous 