Article: The Market Is Ripe For Another GameStop Saga

Article - Media, Publications

The Market Is Ripe For Another GameStop Saga

Michael Kern , 31 May 2021

About three months ago, the investing world was left reeling after retail investors proved they can beat Wall Street at its own game.

Reddit group “r/Wallstreetbets” (aka WSB)–a longstanding subreddit channel created nearly a decade ago where more than 4 million Reddit users discuss highly speculative trading strategies and ideas–engaged in a crowdsourced pump-and-dump scheme that created massive volatility in the stock markets by buying heavily shorted stocks such as GameStop Inc. (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and BlackBerry Inc. (NYSE:BB), among others. The massive buying wave created large short squeezes as hedge funds betting against these stocks rushed to cover their positions and cut losses after GME skyrocketed an unfathomable 1,500% in the space of a few days; AMC saw its share price triple while BB jumped 460% before they came crashing to the ground after popular zero-fee trading app Robinhood blocked trading activity. Continue reading “Article: The Market Is Ripe For Another GameStop Saga”

Article: Thinking about buying stock in Sundial Growers, Liquid Media, Benitec Biopharma, Evolve Transition Infrastructure, or Zomedica?

Article - Media, Publications

Thinking about buying stock in Sundial Growers, Liquid Media, Benitec Biopharma, Evolve Transition Infrastructure, or Zomedica?

PRNewswire, 23 March 2011

NEW YORK, March 23, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for SNDL, YVR, BNTC, SNMP, and ZOM.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link. Continue reading “Article: Thinking about buying stock in Sundial Growers, Liquid Media, Benitec Biopharma, Evolve Transition Infrastructure, or Zomedica?”