Tag: Day trading
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GameStop shares have been on a wild ride in recent days, mostly upward: Much of this is driven by a new turnaround plan by GameStop board member and Chewy founder Ryan Cohen, who aims to turn GameStop into an online-first retailer. But if this is such a game changer for…
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With the House about to approve another $1.9 trillion in stimulus, the final hurdle before the legislation is signed by President Biden, I found myself wondering what this means for shares in GameStop and other meme stocks. Those stocks took off big time in January, as personal income increased 10%…
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+ Business+ Day trading, Gamestop, Investing, Investment, Reddit, Robinhood, Stock Market, Stocks, Stonks, Wallstreetbets+
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GameStop shares are surging again today, even as the company is losing hundreds of millions of dollars a year. The stock is reacting to Chewy founder Ryan Cohen beginning a push to transform GameStop into an e-commerce business. But it still has 5,000 stores that were losing a fortune even…
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GameStop shares have tripled in under 24 hours. Naturally, the blue chip investors behind the rise had a solid case for their optimism. After all, what about the ice cream cone? Believe it or not, a GameStop board member posting a picture of a McDonald’s ice cream cone is one…
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GameStop shares have come back to earth since the short squeeze a few weeks ago: But this story may not be over. GameStop remains one of the most heavily shorted stocks in the entire market: This tells me that the epic short squeeze could happen again. Many short sellers still…
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+ Business+ Day trading, Finance, Gamestop, Hedge funds, Investing, Reddit, Short sellers, Short squeeze, Stocks, Wallstreetbets+
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How do you lose money selling weed in a pandemic when everyone’s stuck at home? Sundial Growers, Inc. has found a way. Sundial is the darling of Reddit’s Wallstreetbets. It’s mentioned far more than any other stock currently: But popularity on Reddit may not save this failing business. It lost…
Tremendous 