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$GME CFO is resigning, effective next month.GameStop’s Board Pushed CFO Out to Speed Up Strategic Shift GameStop said Chief Financial Officer Jim Bell is resigning, effective next month. The board and management pushed Bell out to make way for a new finance chief who shares their vision of transforming GameStop from a brick-and-mortar retailer into an e-commerce company, according to a person with knowledge of the situation who asked not to be identified. Bell didn’t respond to a request for comment. An executive search firm has been engaged to find a finance chief with “the capabilities and qualifications to help accelerate GameStop’s transformation,” the company said Tuesday. The Grapevine, Texas-based retailer is undertaking a strategic review, largely the result of pressure from board member Ryan Cohen, who bought about 13% of the shares and became the company’s largest individual investor. The former head of pet-supply provider Chewy has pushed GameStop to become a more direct competitor to Amazon.com Inc. He won three seats on the company’s board earlier this year. “Mr. Bell’s resignation was not because of any disagreement with the company on any matter relating to the company’s operations, policies or practices, including accounting principles and practices,” the company said in a filing. The company declined to comment.
NYSE:GME
by AlenCiken
2
$AMC can reopen theaters at limited capacity (25%) next monthjumped Monday after Gov. Andrew Cuomo said cinemas in New York City can reopen at limited capacity (25%) next month. Masks and assigned seating will be required, Cuomo said, and movie theaters will need to follow the state ventilation standards. New York is reporting a 13% decline in new COVID-19 cases with a weekly average of 7,400, CNBC reported. Movie theaters were among the many businesses forced to close their doors at the outset of the pandemic in an effort to curb the spread of the coronavirus As of November, AMC said it had resumed operations at 530 of its 600 U.S. theaters, with limited seating capacities of between 20% and 40%. AMC is still one of the volume leaders in the stock market, as retail investors continue to reiterate "they like the stock" as it was a top-five volume leader Monday. In October, AMC had warned that it could run out of cash by year's end or early next year as it struggles through the coronavirus pandemic. But in late January, the company raised $917 million in debt and equity and its CEO said that bankruptcy is “off the table.” www.thestreet.com
NYSE:AMC
by AlenCiken
2
$BTC Short 4hr TF Fibonacci, Supports & ResistancesQuick Bitcoin short after a failed backtest of ~$54,000 support turned resistance. MACD divergence and declining W%R from overbought were confirming indicators to take the trade. A break of support of the ascending channel led me to believe that continuation of to the next support level was impending. That level was the ~$46,000 3.618 fibonacci extension from ~$10,000. A bounce off of that support led me to take profit and ladder my exit at ~46,500. >16% ROI without leverage. Check out my other published ideas and trades I took.
BITFINEX:BTCUSDShort
by Sethonomics
[STOCK] The Technicals Behind Tesla (Trading Plan) #4This is an update of my previous Tesla Trading Ideas. Please review the past ideas to get an idea of applicating chart patterns to the market. The price of the Tesla stock broke out of the Descending Horizontal Channel and recently made a swing low at the previous low. I'm starting to place my buy orders across the book - $600 and $550 is where most of my money will be. This is a long term trade for me. I expect an accumulation pattern (like previously in the triangle) after the downtrend is loosing the momentum. cheers, Ares
NASDAQ:TSLALong
by Anton_XBT
4
AMC looking to retest some areasAMC looking to retest 9s maybe even 10s depending on how earnings fomo and overreactions go. not any kind of advice just an observation and a personal reasoning of why im long at low 7's and holding for 9s-10s at a minimum with a stop at 5.50. 1st AMC has a bag of cash from share sells in january. 2nd AMC is opening 25% capacity in NY and more and more of nation opening up. 3rd AMC has a viable option to pivot to streaming, networks, or even event hosting spaces. 4th all of the above are better off than where they are at today and been at for the last few months. 5th and final, the chart speaks. The TA says it all... uptrending momentum, macd, volume, price. Cant believe earnings will be so bad with 300 mil cash on hand this time around.
NYSE:AMCLong
by TheStockMarketSniper
1
🏛GAMESTOP 2.0❗️VIX SHORT SQUEEZE COMING↗️LONG🚀 ☑️VIX is trading above a strong daily level From where is typically surges Up sharply There are two falling resistance levels ahead If first one gets broken the second will be retested Why short squeeze? The short float is at its record highs on VIX According to Morgan Stanley A record flow of retail investors are flooding into VIX ETF's While the number of short positions from institutions is at its pre-covid levels Long VIX idea is circulating around Reddit trading community And as the short selling became the new target for the mass retail investor A sudden surge of long positions might trigger a massive short squeeze With higher and higher call options strikes on VIX ETF's being triggered And more inflows into the ETF following to cover the calls And the ETF's buying VIX contracts responding to the inflows of cash into ETF's That will create a vicious cycle and we might see a significant repricing of the S&P500 options as a result With many institutions hurting massively, more so than from the Game Stop surge. LONG! ✅Like and subscribe to never miss a new idea!✅
TVC:VIXLong
by ProSignalsFx
16
$GEIN Continues Its Uptrend Ahead of 1:10 F/S and Name Change$GEIN Will do the following: 1. To amend the Company’s Articles of Incorporation, as amended (the “Articles”) to change our corporate name from Genesys Industries, Inc. to Forza Innovations Inc. (the “Name Change”); 2. To amend the Articles to increase the number of authorized shares of Class A Common Stock we may issue from 100,000,000 to 700,000,000 (the “Share Increase”); 3. To increase the number of the Company's total issued and outstanding shares of Class A Common Stock by conducting a forward stock split at the rate of 10 shares every 1 share currently issued and outstanding (the “Forward Split”).
GLong
by StockGuild
3
Why $AVGR skyrocketed in 2021?Avinger (NASDAQ:AVGR) is seeing a massive boost to its stock on Friday after being listed as a hot penny stock to buy on Robinhood. The recent interest in AVGR stock comes after PennyStock.com published an article about its top penny stock picks for January 2021. Avinger takes the top spot on that list with a price target of $1, which represents a 53% premium to its closing price on Thursday. Avinger launched Tigereye in a limited release in the U.S. and Germany in the fourth quarter of 2020. The company is planning to expand its release of the medical device in the U.S. in the first quarter of 2021. This will have it reaching a full commercial distribution of Tigereye during this period with a national launch taking place this month. finance.yahoo.com
NASDAQ:AVGR
by AlenCiken
2
The easiest short of your lifeI dont know who came up with the DOGE pump and dump but boy did this one go. Even Elon Musk helped inflate this bubble. What you see here is basically a rerun of 2017/2018 when brand new investors flocked into whatever coin the "people" were buying. DOGE is not "the peoples coin." If your seasoned in crypto you understand that Doge holders are majority 4chan users. This coin is potentially the worst coin to attempt some valliant GME long term rally as it was originally the crypto communities stablecoin before the likes of Tether and BUSD. But nonetheless its 10x in value and is showing signs of a top with majority of dumb emotional money being contained within the very top segment of the price range. If price increases back into this range the emotional traders sell their positions to alleviate the fear they just felt of being underwater. The price would require huge buy orders to push through this, any volunteers? Didnt think so. Everyone that is wanting to buy DOGE has bought DOGE. Its over. this is the top.
BITTREX:DOGEUSDShort
by Piggiiieee
4
AMCWhat a shitty day across the board. SNDl hurts too. With that said. I’m still here with All my positions. AMC... idk what to say anymore I bought the 5.5 2/19 C for 60$ close to close. But I’m fine with losing 60$ if it comes to it Why, you ask? This must rampant market speculation. And it is... but, something interesting developed on the daily. For my TA professors, correct me if I’m wrong, but It looks like we just finished printing a triple inside day. If that’s what it is, this could possibly mean it’s gearing up for a large move. The fact the last 2 daily’s are slightly bullish is hopeful. But at this point I would be surprised by nothing. G/l all
NYSE:AMCLong
by SwissVegaPhyle
3
$VMHG Mega Yacht and Speedboat Broker Co. Breaks Out PT $10Victory Yacht Sales is a world class yacht sales, brokerage and consulting firm with over 25 years of experience in the boating industry. victoryyachts.com Two of Victory's listed upcoming builds the 2023 Bloemsma victoryyachts.com And the 2024 Centauro victoryyachts.com Both have a similar futuristic design to Motor Yacht A which sold for $350,000,000 a few years ago en.wikipedia.org(motor_yacht) Some of the Mega Yachts where the prices are known don't go for cheap either like the Illusion Plus which goes for $145,000,000 victoryyachts.com And there are over 4,000 similar listings to those Mega Yachts on their website The company also sells smaller local yachts located in South Florida near the company's yacht and boating HQ such as the $2.8 Mil Johnson victoryyachts.com The company also sells speed, racing and fishing vessels at their HQ in Miami. More recently the company tagged another company $MPX in a tweet: twitter.com Marine Products Corp. This company HQ in Atlanta is a $2.6 Billion dollar NYSE company and is currently trading at $19 www.marineproductscorp.com News is said to be coming soon on $VMHG, will it have something to do with $MPX? One can only assume. Yet the chances are good. The company has also tweeted that they are the exclusive dealer of Robalo and Chaparral Boats in Costa Rica: twitter.com Giving them a large advantageous footprint in that area. Did you like $CMGR .05 to $18 $NXMH .05 to $14 I'm thinking $VMHG will be the third huge mover for 2021 Personal PT: $10
OTC:VMHGLong
by StockGuild
$DOGE $DOGE.X Clearing Through Resistance Levels Towards $5+$DOGE Has garnered major support and attention the last couple months from many notable celebrities including; Elon Musk, Snoop Dogg, Mark Cuban, Gene Simmons, Mr. Beast, Keemstar, Mia Khalifa, Lil Yachty, Soulja Boy, Akon and many many others. There are also the WSB, Reddit and TikTok armies that have been pushing to get the token up to $1 however I believe it will go much higher just be the share number of growing interest daily and weekly. It is possible for it to hit $5-$10 Elon Musk has stated multiple times that he would love to see the token which was started as a joke to mock digital currencies become the E-currency of the world, taking $BTC's top spot. And we all know that whatever Elon puts his mind to he accomplishes. He has numerous projects dedicated to changing the world and building what he sees is the future of mankind in the next couple decades. Tesla also recently purchased $1.5 Billion worth of $BTC. Who knows if they are also purchasing $DOGE and have not disclosed it yet, if Elon himself bought $DOGE he also would not have to disclose that to the public. $DOGE has entered the Top 10 Currency listing and it didn't take long for it to happen. The sheer size of the outstanding coins will make it relatively easy to take $BTC's spot if it gets way beyond the $1 range. After that, FOMO from the public will begin to kick in and it could get crazy from there. I do own $DOGE and remain positively bullish for the foreseeable future until it is at $1 or higher.
BITTREX:DOGEUSDLong
by StockGuild
2
AMC position update.I’ve been shifting back and forth between excited anticipation and relentless regret. For the sake of transparency, I didn’t even try to analyze this chart. Not really even sure what the narrative is at this point, it seems to change daily. 🚩The pessimist in me is beginning to think we’ve been caught up in some type of overly convoluted oceans 11 type bs orchestrated by HF’s. It’s not like they do this all day every day, or lack the resources or connections a scheme like this would require. The optimist in me... is unavailable for comment atm. Averaged down, hoping for the best but expecting... not the best. 🙏🏻🤷🏻‍♂️
NYSE:AMCLong
by SwissVegaPhyle
5