GameStop stock soars, setting off larger meme stock rally
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- เผยแพร่เมื่อ 30 พ.ค. 2024
- Meme stocks (GME, AMC, BB, SPWR) are soaring following the online return of "Roaring Kitty," best known for the GameStop (GME) short squeeze of 2021. The Kobeissi Letter Editor-in-Chief Adam Kobeissi and IG North America CEO JJ Kinahan join Catalysts to discuss what to expect from the meme stock surge.
Kinahan explains that participation in the most recent meme stock surge was not as high as anticipated, as people are more cautious about how long the rally will last. He anticipates the options volume to "continue to explode" due to the amount of capital needed to put up, the stocks being hard to borrow, and a slow news cycle.
Kobeissi believes the current meme stock rally is starting to feel like the 2021 craze: "Yesterday, everyone was a bit skeptical if this was going to last or not. Today, it's clearly lasting." He adds that some hedge funds looking to short meme stocks may be repeating the cycle. However, many hedge funds are considering sitting the surge out, with Kobeissi saying, "I think right now it's from a risk perspective. A lot of these funds are starting to say, maybe we should just stay away to both directions."
When considering getting on the meme stock bandwagon, Kinahan says, "The first thing you should say is not 'how much can I make,' but, 'how much can I lose?'" He says that anyone looking to buy should do it in a small manner, as stock movements are happening very quickly overall.About Yahoo Finance:
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I am in . Roaring kitty was a hero, Robin Hood was a zero
GameStop will retest 130$ per share
So, what now? Have the Don Quixotes run out of funds or just out of steam?
@@larrywu4134 Today, GameStop announced the issuance of warrants as part of a strategic financial maneuver aimed at strengthening their capital structure and potentially preparing for future investments or debt management. This news could impact the stock by introducing new dynamics into its trading and valuation, as warrants can influence investor sentiment and market perceptions of the company's future prospects.
The specific details of how these warrants will function or their terms were not fully detailed in the immediate releases, but typically, a warrant issuance allows investors to purchase the company's stock at a predetermined price until the warrant expires. This can be seen as a vote of confidence from the company's management in its future growth and stability.
For more detailed information on how this might affect GameStop's market performance or financial strategy, investors and interested parties should keep an eye on official GameStop communications and detailed financial news analyses.
It’s impossible to say no to an opportunity like the S&P ETFs,SPY has been up. I’m being guided by a remarkable analyst to get more anytime it’s low, casing up along the way on all moves made, also incorporating new stocks.
IVV, VOO and SPY hitting really hard, I’ve to admit they’re are doing just fine.
YES voo is tested and proven. It’s almost always a buy IMO.
Growth and income investing are different if you’re looking for growth you may want to keep your eyes on stuff like PLTR and chip stocks
There’s much uncertainty now, my question is what stocks can be the next wave in terms of growth for the next decade.
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No cell no sell. Diamond hands
They’re trying SOOO hard to scare people and get them to sell before they make real money
😂 the script is on point but it ain’t fooling anyone
Let the average man make money without stopping the trade to “protect” hedge funds. - enough is enough.
heard of crypto？ 24/7, 365
Diamond hands! Roaring kitty!!
AMC to 100!!!
Keith Gill doesn’t invest in amc lol
LETS GOOOOOO
Tendies!
What I got from this is don’t listen to whatever they said.
These people are clowns! These stocks are not hard to borrow. They are printing, millions and millions and millions of FTD.
I'm HOLDING my GME and AMC
I just like the stock.
So, what now? Have the Don Quixotes run out of funds or just out of steam?
Tomorrow will be volatile because of the news on reports coming out
Wonder how fast they scrambled these scripts for yall 😂😂
BEAUTIFUL BEAUTIFUL BEAUTIFUL.
In on both at a small scale. Won't make me millions but won't break me either way.
Their projections make no sense in a senseless market.
Shorts never closed. Look at all the reports. They doubled down their short position Monday.
Hodl the line
Lets make $BB great again ! 🚀🚀🚀
PLEASE LET ME KNOW IF AMC AND GME WILL INCREASE THE AMOUNT THIS WEEK
They will
GME full throttle up tonight tomorrow.
All in gamestop
Gonna learn 😂
GameStop is the epitome of value investing- Keith Gill
GME AND AMC WAS VERY GOOD FOR ME TODAY I BUY AMC FOR 2 DOLLARS ALSO GME FOR 16 DOLLARS TODAY JUMP TO 68 DOLLARS IF I KNOW THIS 2 DAYS BEFORE I SHOULD HAVE PUT MY FULL MONEY TO BUY THAT STOCK AND I COULD HAVE MAKE MILLIONS OF DOLLARS TODAY, IF I KNOW WHICH STOCK HAVE BIG JUMP TOMOROW THAT IS A VERY GOOD IDEA, THAT IS MY BIG PLAN TO MAKE ENOUGH MONEY NOW IAM NOT GOING TO WPRK I WAS A PHARMACIST NOW TAKE RETIREMENT THNAKS
on AMC: 522 million volume monday, 634 million volume tuesday.. the main squeeze day in 2021 had 86.8 million volume. but you say not as much participation!? hahaha ok!! 🤡🤡🤡
Dont sell!
Express
To be quite honest lol
Rosnizam bin mdkassim,happy good,
So when Lambo?
Haha pay out # 2 sweet 😋
My AMC stock was like 14k on Friday and 48k this morning (sold)
Paper hands
@CantGoogleMe green paper baby!
no diamond hand?
@@SLUGGA214 sorry guys!
STAY
SPWR > PAMP IT
PEPE will flip DOGE l-)
Ok right now Faraday stocks are hot. A short squeeze is coming. FFIE buy and hold it! We’re very active on Reddit. To the moon!
This guy is a clown 🤡