Reddit Reddit (RDDT) shares are taking a well-deserved break today. The stock is trading 12% lower, as sellers appear to be profit-taking on post-IPO gains of more than 100%. As I always say, there’s nothing wrong with taking profits, especially on gains like that in less than a week. Literally, we should expect to see […]
GME
Gamestop Corp
Meme Stocks Melting Down
The bloom is off the rose.Meme stocks were on of the biggest and hottest trades of 2020 and 2021 with GameStock Corp.(NYSE: GME) jumping over 10,000% and AMC Entertainment Holdings Inc.(NYSE: AMC) up over 2000%.Now these stocks are trading near 52-week lows and the big question is, is there any juice left in the trade?.
Watch here for what Money Morning Live experts are doing with these stocks.
Stocks to Watch in the Wake of Blackstone's Bold Real Estate Move
Garrett Baldwin takes the temperature of the markets amidst a huge move by Blackstone to set aside billions for real estate investment.
GameStop NFT Plans Won’t Work Without This Metaverse Stock
A GameStop NFT marketplace sounds exciting for the company.But a bigger profit opportunity waits in a trend these GameStop NFT plans can't live without.
How to Trade Nokia and the Meme Stocks for Profits in Five Days or Less
Some investors have pocketed millions buying and selling the "meme stocks" like Nokia, GameStop, BlackBerry and the rest.
But it's clear many more investors have lost out doing the same.
Tom Gentile has an easy, low-risk strategy for how to trade Nokia to book gains in five days without betting the farm.
Two Red-Hot Short Squeeze Stocks to Sell Immediately
The short squeeze is still the market’s hottest trade for a good reason; the profits are still as big and fast as they ever were.
But two insanely popular, widely held short squeeze stocks, despite popping quadruple digits, are set to fall and should be sold ASAP.
Andrew Keene says to sell this morning, in fact.
WISH Stock Is More Than a Meme - It Could Double from Here
WISH stock is quickly becoming one of the most talked about stocks on social media.
But unlike other overhyped meme stocks, this one might be worth your money…
Context Logic (NASDAQ: WISH) is one of the latest stocks to fall into the hands of the meme crowd on WallStreetBets, the Reddit board where the newest generation of speculators are targeting companies where they think short squeeze could drive stocks to the moon.
Buy This Short Squeeze Stock Today for Double-Digit Profits
The "meme stocks" were down Friday after throwing off double- and triple-digit profits, but there's always a short squeeze target somewhere.
Andrew Keene's proprietary S.C.A.N.
algorithm has the next short squeeze stock all lined up…
BB Stock: Is It an Investment, Trade, or Lottery Ticket?
BlackBerry stock is surging on short-squeeze hype again, but that doesn't mean everyone should rush out and buy shares.
The madness began again early this week with Blackberry shares up over 13% on Monday.
After the success of trades around GameStop (NYSE: GME) and AMC (NYSE: AMC), is BlackBerry stock the next meme to pop? .
Here’s what to look for before buying this lottery ticket…
Book 60%-Plus Profits on This Short Squeeze Play
The ship has sailed on the GameStop short squeeze play – ditto the AMC Theaters trade.
But, Chris Johnson has isolated one stock with a whopping 6.2 short-interest ratio that’s primed for truly massive gains this month.
CJ is projecting at least 60% profits here by the Fourth of July… .