Author: tremendousblog
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Stephen Mandel, Jr., founder of hedge fund Lone Pine Capital, ranks #752 on Forbes’ list of billionaires. His net worth: $3.9 billion. His fund’s performance is among the greatest in history. So you might be surprised to hear what he fears most: In late January, when retail traders swarmed into short…
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+ Business+ AMC, Finance, Gamestop, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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There is a lot of strange activity in stock of AMC Entertainment Holdings, Inc. Fails to deliver have been huge and persistent. In such cases, a common culprit is an illegal practice known as naked short selling. This involves selling shares you don’t actually own without ever borrowing them first.…
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Solana is all the rage in cryptocurrency markets these days. Its price is doing this: Looking at that chart, it would be easy to think that this new cryptocurrency is all hype and speculation. But I spent the afternoon digging into its capabilities as a platform, and they are incredible:…
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+ Blockchain, Cryptocurrencies, Cryptocurrency, DeFi, Finance, Money, Software, Startups, Tech, USDC+
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A wiry young man takes a small baton of dough from a tub. He flattens it and gives it a little stretch. Then, he quickly yanks it out to a length of several feet and dramatically slaps it back down. Whack, whack! This is Very Fresh Noodles in New York…
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+ China, Chinese Food, Delicious, Dining, Eating, Eating out, Manhattan, New York City, Nom, Restaurants, Yum+
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Major new data just came out today from the SEC. It shows fails to deliver in AMC Entertainment Holdings, Inc. up 1088% in the first half of August: These fails to deliver sometimes happen for benign reasons. But when massive fails to deliver occur in a stock over a sustained…
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+ Business+ AMC, Finance, Investing, Money, Personal finance, Reddit, Stock Market, Stocks, Stonks, Trading, Wallstreetbets+
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The seasons are changing but one thing is not: the incredible popularity of AMC Entertainment Holdings, Inc. among retail investors. Robinhood lists AMC at #3 on its leaderboard for September, behind only Apple and Tesla: Apple is the largest stock in the entire market, with a market cap of $2.6…
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+ Business+ AMC, Finance, Investing, Money, Personal finance, Reddit, Robinhood, Stock Market, Stocks, Stonks, Wallstreetbets+
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China’s government has just launched the latest salvo against its own technology industry: China on Monday issued strict new measures aimed at curbing what authorities describe as youth videogame addiction, which they blame for a host of societal ills, including distracting young people from school and family responsibilities. The new regulation,…
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On Saturday, I stood in the produce section of a nearby Whole Foods. My eyes were drawn to tiny packages of delicate microgreens. The producer: Aero Farms. Agriculture faces a difficult environment. Climate change is making weather more extreme and unpredictable. Workers are harder and harder to find. But a…
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Buddy Valastro of Carlo’s Bakery may be the Cake Boss, but there’s a new sheriff in town. Recoleta is an Argentinian bakery in Union City, NJ that makes some of the best cake I’ve ever tasted. When I walked in for the first time in 2019, I noticed 3 things:…
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As meme stocks rocketed upward this week, one stock captured virtually all retail buyers. Retail traders funneling money into meme stocks put 93% of it into shares of AMC Entertainment Holdings, Inc.: Stocks preferred by day traders soared 10% Tuesday, the most since early June as trading volumes accelerated. Long-short…