$AMCAMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.
Wsb
GME Gamestop higher than expected net loss Yesterday i saw two times more puts than calls on the options chain for GME.
Gamestop reported adjusted net loss of 76 cents a share and net sales of $1.18 billion.
The analysts consensus called for an adjusted net loss of 67 cents a share and sales of $1.12 billion.
Let`s wait for a pullback to the key support levels then.
$AMC Leaps Calls 145 July 15th 2022 Returns +3,762%WSB Reddit Play
AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.
$BBIG Leaps Calls 22 Dec 16th 2022 Returns +516%Vinco Ventures, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. It offers toys, plush, homewares, and electronics to retailers, distributors, and manufacturers through e-commerce channels; and personal protective equipment to governmental agencies, hospitals, and distributors. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Bethlehem, Pennsylvania.
$CLOV Calls 17 Oct 22nd Returns +3,208%And $CLOV Calls 30 Feb 18th Retuns +1,898%
Clover Health Investments, Corp. operates as a Medicare Advantage insurer in the United States. The company through its software platform provides preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers. Clover Health Investments, Corp. was founded in 2014 and is headquartered in Franklin, Tennessee.
$CLOVClover Health Investments, Corp. operates as a Medicare Advantage insurer in the United States. The company through its software platform provides preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers. Clover Health Investments, Corp. was founded in 2014 and is headquartered in Franklin, Tennessee.
AMC breakout rejected, trading in down channel... for nowSo AMC looks like it has failed to break out of its down-channel, I hope to pick up AMC around $23 before it gets squeezed into a symmetrical triangle from the trend line going back to the sym formation at the start of this year, which led to the parabolic move up to $73.
I think we need to complete this triangle pattern before another parabolic move up, we have a few converging signals here:
- Meeting the 200 day MA which is skipping along the trendline nicely
- November 8's earning call which will hopefully give us some good news regarding BTC acceptance in theaters.
- And hopefully the end of all the Covid lockdowns, and theaters back open.
I included a bar pattern of the last move up here, with a fib retracement from its correction. If we hit that 3.618 fib up there at $541 it will be party time baby!
So long-term bullish here, although I hope the masses demonstrate diamond hands through the shakeout!
NOT FINANCIAL ADVICE - You should commit the time to do your own research before investing in anything!
$SKLZSkillz Inc. operates as a technology company that enables game developers to monetize their content through fun and fair multi-player competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide. It hosts casual esports tournaments to a range of mobile players. The company was founded in 2012 and is headquartered in San Francisco, California.
$BBIGVinco Ventures, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. It offers toys, plush, homewares, and electronics to retailers, distributors, and manufacturers through e-commerce channels; and personal protective equipment to governmental agencies, hospitals, and distributors. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Bethlehem, Pennsylvania.
$BBIG SI Update from Ortex:
SI change: +23.88%. Borrowed shares stand up to 4.43m and only 266k has been returned. Lot of sweep calls has been witnessed today and it is a good sign gonf forward. $BBIG is No.1 in both webull's popularity list and Fintel's short squeeze score.
Wall Street Bets Rank :2WSB tries to squeeze this one: 35-43 could be the target, however, they could push this even higher..!(limited trading volume )
Market Cap: 2.66 B
Shares Outstanding: 93.8 M
Average Trading Volume (10 days): 1.83 M
Shares Short: 8.7 M
Short Interest(%): 9.47
Days to cover: +4
Change in Short Interest: +20%
Ownership Breakdown:
Institutions: 13.2
General Public:25.5
Hedge Funds: 57.8
Individual insiders: 3.5
Sum: 100%
Option profile:
Total OI:
Put Call Ratio:0.39
Put OI:
Call OI:
Highest Put:25
Highest Call:30
Max Pain: 27.5
Open Int (30-Day): 195K
Let's get into some stock trades #2 - TeslaTesla still looking super strong. There are tons of things I don't like about the company, but due to the tech boom, the ESG movement and the current investment trends I see a big boom coming in Tesla despite its insane valuation. Might take some time for new ATHs, but the Tesla chart looks nothing like a bubble that has popped.
BB - gamble long I like to take a little gamble here with the strength in the overall market - BB is a WSB-touched stock and its choppy but I like to take a calculated risk here: personally i set a stop below the lows from last week and took like 0,25% risk of my portfolio - could pay out here I think BUT it is a more risk-on gamble and that should be said - as there was many failed signals in this stock.
Best luck if you join.
They Always Dump it before they pump it..! On August 4th, 2021 I published a post that micron technology could be the next WSB's Play..!
Today it is ranked 12th on their mentioned tickers! and I believe it will be the next AMD or MRNA..!
This is their famous pattern of dumping, they do it so fast to wash out everyone and then play the way they want..!
Soros is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis. Based on his early studies of philosophy, Soros formulated the General Theory of Reflexivity for capital markets, which he says renders a clear picture of asset bubbles and fundamental/market value of securities, as well as value discrepancies used for shorting and swapping stocks.
What Is Reflexivity?
Reflexivity in economics is the theory that a feedback loop exists in which investors' perceptions affect economic fundamentals, which in turn changes investor perception. The theory of reflexivity has its roots in sociology, but in the world of economics and finance, its primary proponent is George Soros. Soros believes that reflexivity disproves much of mainstream economic theory and should become a major focus of economic research, and even makes grandiose claims that it "gives rise to a new morality as well as a new epistemology."
Understanding Reflexivity
The reflexivity theory states that investors don't base their decisions on reality, but rather on their perceptions of reality instead. The actions that result from these perceptions have an impact on reality, or fundamentals, which then affects investors' perceptions and thus prices. The process is self-reinforcing and tends toward disequilibrium, causing prices to become increasingly detached from reality.
Soros’s theory of reflexivity runs counter to the concepts of economic equilibrium, rational expectations, and the efficient market hypothesis. In mainstream economic theory, equilibrium prices are implied by the real economic fundamentals that determine supply and demand. Changes in economic fundamentals, such as consumer preferences and real resource scarcity, will induce market participants to bid prices up or down based on their more or less rational expectations of what economic fundamentals imply about future prices. This process includes both positive and negative feedback between prices and expectations regarding economic fundamentals, which balance each other out at a new equilibrium price. In the absence of major obstacles to communicating information regarding economic fundamentals and engaging in transactions at mutually agreed prices, this price process will tend to keep the market moving quickly and efficiently toward equilibrium.
As evidence for his theory, Soros points to the boom-bust cycle and various episodes of price bubbles followed by price crashes, when it is widely believed that prices deviate strongly from the equilibrium values implied by economic fundamentals. He often makes reference to the use of leverage and the availability of credit in initiating the process and the role of floating currency exchange rates in these episodes.
At this point, I am +99% confident that Wall Street Bets (WSB) is run by the reflexivity theory. the question is :
What is the role of "The Godfather of Color revolutions " in WSB moves?
What was his Role in Marijuana legalization and how much did he made in the Weed stocks Bubble???
To be continued..!
Reference Article:
www.investopedia.com
AMC - Pushing to the upside of the triangleHello everyone,
I hope you are all doing well!
AMC is currently sitting between the support and resistance of the triangle, however, we have already tested the support 2 times, which is most likely going to lead to hitting the reistance to $40.
After that, we would look if we would bounce to the support to the $30 levels again or break through till $70.
Have an amazing day!
AMC chance to break-even on cash flowAMC quarter revenue $444 million vs an estimate of $382 million,
adjusted loss per share $0.71 cents vs The Street expecting a loss per share of $0.93
Consolidated attendance was 22.1 million for Q2 compared to 100,000 year over year
But the real great news is that AMC has now the chance to break-even on cash flow!
They are burning less cash!
My target is the 40usd resistance.
$WORX PLAN FOR MONDAY BIG POTENTIAL!!-Similar set up as BTX
-First big run was nice but we kept on going
-with volume and price action we should see this start to approach new highs soon
-Worth watch On Monday
-Once we break fridays highs we should be looking for a zombie move towards ATH
-watch for fakeouts and rejections
$NAKD is shark, head and shoulder, and Vshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=1.6 BC=$27
tp2=0.88 XA=$38
tp3=1.13 XA=$141
tp4=2.24 BC=$267