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.
by Shah Gilani
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Shah Gilani explains how savvy traders can pick up quick profits by looking for "bullish bumps" in the market, even in a downturn.
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Mark Sebastian has details on the three best stocks to trade today.
by Andrew Keene
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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.
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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.
by Andrew Keene
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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…
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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…
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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… .
by Andrew Keene
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As we saw with GME.
AMC, BBBY, and others not long ago, stocks experiencing a short squeeze can experience fast, almost violent bursts of profits as hedge funds scramble for the exits.
Our Andrew Keene is watching two short squeeze stocks with extreme profit potential right now.
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How do you tell the difference between a prime “buy the dip” situation and one that would be classified as, “don’t try and catch a falling knife”? Chris is going to show you just how to do that today, because when you have a good chart, it’s easy to tell the difference between a genuine buying opportunity like the one he’s got for you and, well, a falling knife….
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