Archives for June 2021

June 2021 - Page 4 of 8 - Money Morning - Only the News You Can Profit From

Short-Sellers Just Put the Market’s Best Gambling Stock on Sale

A notorious “investment research” firm published an explosive report on alleged wrongdoing at DraftKings; the stock lurched more than 11% lower in just a few hours.

Trouble is, the “researchers” have a lot to gain from the stock’s decline, and this isn’t the first time they’ve released a “report” like this.

DraftKings was looking good already, now it’s irresistible… .

Read more...

Amp Crypto Price Prediction - the Race to $1

The Amp token (AMP) has not been around very long.

But if you've paid attention, you know it promises more than most other cryptocurrencies can right now.

Today's Amp crypto price prediction makes that clear.

Let me explain… Often, when you go to buy anything at a brick-and-mortar store, you slide your card through a card reader made by NCR Corporation (NYSE: NCR), formerly known as National Cash Register.

NCR machines accept Amp crypto.

And more than 7,000 department and retail stores use NCR machines.

This is one of the greatest examples of crypto adoption to date.

That's why the outlook is so hopeful for AMP over the next five years...

"Is Bitcoin Safe?" We Debunk 10 Myths That Needlessly Scare Investors

It’s no wonder a lot of investors are asking, "Is Bitcoin safe?" The attacks on the cryptocurrency come from well-known investors, media talking heads, and government officials.

They call Bitcoin everything from a Ponzi scheme to a major source of climate change.

But a lot of the Bitcoin bashing you hear is misinformed, misleading, or outright false.

Today we bust the 10 biggest Bitcoin myths...

This Is the $6 "American Reopening" Stock to Buy Right Now

Since the first COVID-19 vaccines appeared on the horizons, investors have made and, just as often, lost huge sums trying to time recovery and guess at the best American reopening stocks.

The best play here isn’t necessarily a recovery stock… because it doesn’t have to do any recovering.

It boosted top lines 10% during the pandemic, and 2021 looks even better.

Read more...

Why WalkMe Stock Can Wait Until After the IPO

WalkMe stock will go public this week.

It joins a wave of office productivity stocks going public – and unicorns, no less, this one valued at $2 billion.

It's not the first stock of its kind to go public recently – Monday.com, another business software company did the same earlier in June.

We like Monday.com a lot. But this is not an easy sector to win.

Even if its technology sounds interesting, WalkMe could have its work cut out.

Let's talk about whether you should buy WalkMe stock after the IPO.

Lordstown Motors Stock Was a Royal Letdown - Save Yourself Now

The hits just keep on coming for Lordstown Motors (NASDAQ: RIDE).

Lordstown Motors stock was one of the hot stories of 2020 as the electric truck maker came public via a merger with a Special Purpose Acquisition Company (SPAC).

They were going to revolutionize the market for electric trucks, and the future was full of battery-powered awesomeness.

Everything looked rosy.

Lordstown motors stock soared 190% after the SPAC merger last year.

However, a few small problems have tanked the stock all the way back down...

Sprinklr Stock Is a Chance to Cash In on a $1 Trillion Market

Sprinklr stock goes public next week.

The Sprinklr IPO is expected to sell 19 million shares priced between $18 and $20 a pop.

That will value the company at close to $5 billion.

That's not too shabby for a company with just under $340 million in sales last year.

While not the flashiest company, it could be a silent winner in the enterprise software market set to double from $500 billion to $1 trillion by the end of the decade.

If you miss out on profits from this trend, don't let it be because you found it "boring."