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RogerLew
RogerLew
·
2022-06-26
Ok
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RogerLew
RogerLew
·
2021-02-15
Good
Oil drops after strong rally, demand hopes limit losses
SINGAPORE, Feb 11 (Reuters) - Oil prices fell on Thursday, giving up some of the recent strong gains
Oil drops after strong rally, demand hopes limit losses
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RogerLew
RogerLew
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2021-02-13
Up up up
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RogerLew
RogerLew
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2021-02-12
Cool
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RogerLew
RogerLew
·
2021-02-09
hey tiger, what heppened to to you. why i cannot sell my stock and this is not the 1st time i facing this “"
$Plug Power(PLUG)$
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RogerLew
RogerLew
·
2021-02-08
Possible?
GAME OVER?
Summary Market observers and participants have been temporarily distracted in the past week by the
GAME OVER?
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RogerLew
RogerLew
·
2021-02-08
Up up up
The GameStop Phenomenon Is Hardly New
In 1923, the supermarket company—which still does businessin the South and Midwest—was at the center
The GameStop Phenomenon Is Hardly New
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RogerLew
RogerLew
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2021-02-08
Up up up
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RogerLew
RogerLew
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2021-02-07
When can up
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U.S. crude slid 35 cents, or 0.6%, to $58.33 a barrel.</p>\n<p>\"Crude oil futures rallied following a bigger than expected fall in inventories in the U.S.,\" ANZ said in a note. \"However, sentiment was curtailed by a rise in gasoline inventories.\"</p>\n<p>Crude stocks last week fell for a third straight week, dropping 6.6 million barrels to 469 million barrels, their lowest since March, according to the Energy Information Administration. Analysts in a Reuters poll had forecast a 985,000-barrel increase.</p>\n<p>Brent has risen for the previous nine sessions, its longest sustained period of gains since January 2019. On Wednesday, was the eighth daily rise for U.S. crude.</p>\n<p>However, some analysts say prices have moved too far ahead of the underlying fundamentals.</p>\n<p>Stocks were flat in early trading in Asia on Thursday as investors kept tapping the brakes on runs in asset prices after taking in tepid U.S. inflation data and comments from the Federal Reserve chief affirming the outlook for a slow recovery.</p>\n<p>Crude has jumped since November as governments kicked off vaccination drives for COVID-19 while putting in place large stimulus packages to boost economic activity, and the world's top producers kept a lid on supply.</p>\n<p>Top exporter Saudi Arabia is unilaterally reducing supply in February and March, supplementing cuts agreed by other members of the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil drops after strong rally, demand hopes limit losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil drops after strong rally, demand hopes limit losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-11 10:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, Feb 11 (Reuters) - Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts and hopes that rollouts of vaccines will drive a recovery in demand.</p>\n<p>Brent crude fell 39 cents, or 0.6%, to $61.08 a barrel, as of 0231 GMT, after touching its highest since January 2020 on Wednesday. U.S. crude slid 35 cents, or 0.6%, to $58.33 a barrel.</p>\n<p>\"Crude oil futures rallied following a bigger than expected fall in inventories in the U.S.,\" ANZ said in a note. \"However, sentiment was curtailed by a rise in gasoline inventories.\"</p>\n<p>Crude stocks last week fell for a third straight week, dropping 6.6 million barrels to 469 million barrels, their lowest since March, according to the Energy Information Administration. Analysts in a Reuters poll had forecast a 985,000-barrel increase.</p>\n<p>Brent has risen for the previous nine sessions, its longest sustained period of gains since January 2019. On Wednesday, was the eighth daily rise for U.S. crude.</p>\n<p>However, some analysts say prices have moved too far ahead of the underlying fundamentals.</p>\n<p>Stocks were flat in early trading in Asia on Thursday as investors kept tapping the brakes on runs in asset prices after taking in tepid U.S. inflation data and comments from the Federal Reserve chief affirming the outlook for a slow recovery.</p>\n<p>Crude has jumped since November as governments kicked off vaccination drives for COVID-19 while putting in place large stimulus packages to boost economic activity, and the world's top producers kept a lid on supply.</p>\n<p>Top exporter Saudi Arabia is unilaterally reducing supply in February and March, supplementing cuts agreed by other members of the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DWT":"三倍做空原油ETN","UCO":"二倍做多彭博原油ETF","DDG":"ProShares做空石油与天然气ETF","USO":"美国原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110049692","content_text":"SINGAPORE, Feb 11 (Reuters) - Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts and hopes that rollouts of vaccines will drive a recovery in demand.\nBrent crude fell 39 cents, or 0.6%, to $61.08 a barrel, as of 0231 GMT, after touching its highest since January 2020 on Wednesday. U.S. crude slid 35 cents, or 0.6%, to $58.33 a barrel.\n\"Crude oil futures rallied following a bigger than expected fall in inventories in the U.S.,\" ANZ said in a note. \"However, sentiment was curtailed by a rise in gasoline inventories.\"\nCrude stocks last week fell for a third straight week, dropping 6.6 million barrels to 469 million barrels, their lowest since March, according to the Energy Information Administration. Analysts in a Reuters poll had forecast a 985,000-barrel increase.\nBrent has risen for the previous nine sessions, its longest sustained period of gains since January 2019. On Wednesday, was the eighth daily rise for U.S. crude.\nHowever, some analysts say prices have moved too far ahead of the underlying fundamentals.\nStocks were flat in early trading in Asia on Thursday as investors kept tapping the brakes on runs in asset prices after taking in tepid U.S. inflation data and comments from the Federal Reserve chief affirming the outlook for a slow recovery.\nCrude has jumped since November as governments kicked off vaccination drives for COVID-19 while putting in place large stimulus packages to boost economic activity, and the world's top producers kept a lid on supply.\nTop exporter Saudi Arabia is unilaterally reducing supply in February and March, supplementing cuts agreed by other members of the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+.","news_type":1,"symbols_score_info":{"DWT":0.9,"CLmain":0.9,"QMmain":0.9,"SCO":0.9,"BZmain":0.9,"DDG":0.9,"UCO":0.9,"USO":0.9,"DUG":0.9}},"isVote":1,"tweetType":1,"viewCount":1733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386612977,"gmtCreate":1613172057699,"gmtModify":1704879150832,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/386612977","repostId":"2110350049","repostType":4,"isVote":1,"tweetType":1,"viewCount":2397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386005151,"gmtCreate":1613104994473,"gmtModify":1704878463862,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386005151","repostId":"2110413780","repostType":4,"isVote":1,"tweetType":1,"viewCount":1791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383599984,"gmtCreate":1612883421648,"gmtModify":1704875453620,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"hey tiger, what heppened to to you. why i cannot sell my stock and this is not the 1st time i facing this “\"<a target=\"_blank\" href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>","listText":"hey tiger, what heppened to to you. why i cannot sell my stock and this is not the 1st time i facing this “\"<a target=\"_blank\" href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>","text":"hey tiger, what heppened to to you. why i cannot sell my stock and this is not the 1st time i facing this “\"$Plug Power(PLUG)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383599984","isVote":1,"tweetType":1,"viewCount":1394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389674847,"gmtCreate":1612774607589,"gmtModify":1704873987816,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"Possible?","listText":"Possible?","text":"Possible?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389674847","repostId":"1112029759","repostType":4,"repost":{"id":"1112029759","kind":"news","pubTimestamp":1612772887,"share":"https://ttm.financial/m/news/1112029759?lang=&edition=fundamental","pubTime":"2021-02-08 16:28","market":"us","language":"en","title":"GAME OVER?","url":"https://stock-news.laohu8.com/highlight/detail?id=1112029759","media":"Alpha Sources","summary":"Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Market observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop.</li>\n <li>People with time on their hands, and a stimulus cheque(?), have decided to take a punt.</li>\n <li>In the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S.</li>\n</ul>\n<p>Market observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop(NYSE:GME). It won't be the last time the world stops to watch such an event in the same way that people, who would otherwise never watch a race, are glued to the screen when F1 drivers crash into the barrier or each other. Pundits have tried to turn this into more than it is, but until people turn up with actual pitchforks in front of Mr. Griffin's $60M penthouse pad in Chicago, I am inclined to side with George Pearkes' take on the matter; move on, nothing (much) to see. People with time on their hands, and a stimulus cheque(?), have decided to take a punt. On the face of it, they have been successful, but most will have bought and sold too late to avoid the gut-wrenching losses that are all but inevitable in the context of the kind of volatility, which GameStop has exhibited recently. Meanwhile, in the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S., where it is, or isn't, going, and what this means for other asset classes, the economy, not to mention the Fed's reaction function? Friday's NFP report was, as ever, a case in point.</p>\n<p><img src=\"https://static.tigerbbs.com/0806d48b06c52b0a3455cab07a14ea63\" tg-width=\"683\" tg-height=\"842\"><img src=\"https://static.tigerbbs.com/297dbf4221a3446fd377f35f00902c20\" tg-width=\"679\" tg-height=\"841\"><img src=\"https://static.tigerbbs.com/1438069ebc8444d62ddb472ee616f2b6\" tg-width=\"675\" tg-height=\"845\"><img src=\"https://static.tigerbbs.com/2ee09dda230f6474fc308a9e8b76e213\" tg-width=\"679\" tg-height=\"843\"><img src=\"https://static.tigerbbs.com/e16a71ed37b979658ae95643fa504af9\" tg-width=\"673\" tg-height=\"842\"></p>","source":"lsy1612772507148","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GAME OVER?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGAME OVER?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 16:28 GMT+8 <a href=http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link><strong>Alpha Sources</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of ...</p>\n\n<a href=\"http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"http://www.clausvistesen.com/alphasources-blog/gameover?source=content_type%3Areact%7Cfirst_level_url%3Aarticle%7Csection%3Amain_content%7Cbutton%3Abody_link","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112029759","content_text":"Summary\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop.\nPeople with time on their hands, and a stimulus cheque(?), have decided to take a punt.\nIn the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S.\n\nMarket observers and participants have been temporarily distracted in the past week by the battle between Reddit's plucky retail investors and lazy short-selling hedge funds over the fate of GameStop(NYSE:GME). It won't be the last time the world stops to watch such an event in the same way that people, who would otherwise never watch a race, are glued to the screen when F1 drivers crash into the barrier or each other. Pundits have tried to turn this into more than it is, but until people turn up with actual pitchforks in front of Mr. Griffin's $60M penthouse pad in Chicago, I am inclined to side with George Pearkes' take on the matter; move on, nothing (much) to see. People with time on their hands, and a stimulus cheque(?), have decided to take a punt. On the face of it, they have been successful, but most will have bought and sold too late to avoid the gut-wrenching losses that are all but inevitable in the context of the kind of volatility, which GameStop has exhibited recently. Meanwhile, in the boring and dusty world of global macro trading, investors' eyes are still focused on the long bond in the U.S., where it is, or isn't, going, and what this means for other asset classes, the economy, not to mention the Fed's reaction function? Friday's NFP report was, as ever, a case in point.","news_type":1,"symbols_score_info":{"AMC":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389675564,"gmtCreate":1612774537358,"gmtModify":1704873987008,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389675564","repostId":"1111770502","repostType":4,"repost":{"id":"1111770502","kind":"news","pubTimestamp":1612770830,"share":"https://ttm.financial/m/news/1111770502?lang=&edition=fundamental","pubTime":"2021-02-08 15:53","market":"us","language":"en","title":"The GameStop Phenomenon Is Hardly New","url":"https://stock-news.laohu8.com/highlight/detail?id=1111770502","media":"Barrons","summary":"In 1923, the supermarket company—which still does businessin the South and Midwest—was at the center","content":"<p>In 1923, the supermarket company—which still does businessin the South and Midwest—was at the center of a short squeeze/market morality play that echoes the recent frenzy around GameStop.</p>\n<p>As with GameStop and other “meme” companies like AMC Entertainment, Piggly Wiggly was being sold short by several big Wall Street investment firms. This aroused an unexpected popular backlash, stirred by a resentment of “city slickers” getting rich off the “yaps,” or little guys. So there was a sense of triumph when investors fought back and put the squeeze on the shorts.</p>\n<p>“New York speculators,” crowed one newspaper, “made to pay through the nose.”</p>\n<p>The Piggly Wiggly shorts got crushed, much asMelvin Capital dropped 53% in Januarychiefly on its GameStop downside bets, but that wasn’t the whole story. While there were some big winners, there were also some other big losers—none bigger than Piggly Wiggly’s founder and president, Clarence Saunders.</p>\n<p>“After working a sensational squeeze on Piggly Wiggly,”<i>Barron’s</i>reported at the time, “the Memphis grocer found that his ‘victory’ had cost him about $3,000,000 and control of his company.” It also tarnished Saunders’ legacy.</p>\n<p>Born in 1881, Saunders worked his way out of poverty to become a retail pioneer,turning Piggly Wiggly (the origins of the name remain obscure) into the nation’s first “Self-Serving Store”in 1916.</p>\n<p>That is, instead of giving shopping lists to clerks to fill—as was practice of the day—customers walked the aisles and chose their own goods. This sublimely simple concept caught on; by 1921 there were more than 600 Piggly Wiggly stores across the nation, and Saunders’ self-serve model is still the norm for supermarkets, fromKrogertoWalmart.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f015da71952a0d48096f6dc06fbe9a9e\" tg-width=\"620\" tg-height=\"413\"><span>Clarence Saunders, Piggly Wiggly’s founder and president.Bain News Service/Library of Congress</span></p>\n<p>To fuel continued expansion, Saunders in November 1922 announced plans to sell 100,000 new shares in the company. That, combined with unrelated news of a Piggly Wiggly licensee filing for bankruptcy, “caused heavy selling” in the stock, according to<i>Barron’s</i>, knocking the share price down to $30 from $45. Then Merrill Lynch and other Wall Street firms attempted a “bear raid,” shorting Piggly Wiggly stock in a bet it would fall further.</p>\n<p>Saunders cast the issue as good versus evil, asking potential investors, “Shall good business flee? Shall it tremble with fear? Shall it be the loot of the speculator?” as quoted in Mike Freeman’s<i>Clarence Saunders and the Founding of Piggly Wiggly: The Rise & Fall of a Memphis Maverick</i>.</p>\n<p>To counter the shorts, Saunders borrowed $10 million on margin from a number of investors and hatched a plan to buy up all outstanding shares of Piggly Wiggly, driving the price up. The stock reached $124 on March 20, 1923—when it was suspended by the New York Stock Exchange.</p>\n<p>There was a “wild scramble by the shorts to cover,”<i>Barron’s</i>wrote, yet there was less of that than had expected. The stock showed a “declining tendency” after the shorts had covered, and “the over-the-counter market for the stock gradually disappeared.” In the end, “Saunders and his associates” were left with “practically the entire issue of 200,000 shares on their hands—a large part of which had been accumulated at high prices” with “no market” to sell them.</p>\n<p>To<i>Barron’s</i>, Saunders had simply suffered “the customary fate of the Main Streeter who attempts to beat Wall Street.” Indeed, just three years earlier, a short-squeeze engineered by the owner of Stutz Motor Co. ended in bankruptcy for both.</p>\n<p>Yet there were winners in Piggly Wiggly, too, such as the retired grocer from Providence, R.I., that Freeman writes about, who bought a thousand shares at $38 before the squeeze. Expecting to use the shares as dividend income, the retiree instead ended up selling them “from $96 to $124” and making a profit of almost $80,000 (around $1.2 million today).</p>\n<p>That isn’t quite of the same magnitude as the gains made by Roaring Kitty, the GameStop investor whose initial $53,000 stake reached a value of at least $48 million. But the reality thatsome players will turn a handsome profit even as others are ruinedhasn’t changed over the years.</p>\n<p>Today, however, instead of one big investor like Saunders being left holding all the worthless shares, there may be many thousands of smaller investors facing financial strain or collapse.</p>\n<p>As for Saunders, he went back to Tennessee, where “Memphis folk still have confidence” in him, as<i>Barron’s</i>reported at the time. But his various post–Piggle Wiggly ventures, includingKeedoozle automat-style stores, met with middling success. He died in 1953, his hopes of becoming the Henry Ford of supermarkets undone by an ill-fated decision to take on Wall Street.</p>\n<p>We’ll see if GameStop investors fare any better.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The GameStop Phenomenon Is Hardly New</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe GameStop Phenomenon Is Hardly New\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-08 15:53 GMT+8 <a href=https://www.barrons.com/articles/the-gamestop-phenomenon-is-hardly-new-heres-how-a-similar-squeeze-played-out-in-1923-51612361822?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In 1923, the supermarket company—which still does businessin the South and Midwest—was at the center of a short squeeze/market morality play that echoes the recent frenzy around GameStop.\nAs with ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-gamestop-phenomenon-is-hardly-new-heres-how-a-similar-squeeze-played-out-in-1923-51612361822?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/the-gamestop-phenomenon-is-hardly-new-heres-how-a-similar-squeeze-played-out-in-1923-51612361822?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111770502","content_text":"In 1923, the supermarket company—which still does businessin the South and Midwest—was at the center of a short squeeze/market morality play that echoes the recent frenzy around GameStop.\nAs with GameStop and other “meme” companies like AMC Entertainment, Piggly Wiggly was being sold short by several big Wall Street investment firms. This aroused an unexpected popular backlash, stirred by a resentment of “city slickers” getting rich off the “yaps,” or little guys. So there was a sense of triumph when investors fought back and put the squeeze on the shorts.\n“New York speculators,” crowed one newspaper, “made to pay through the nose.”\nThe Piggly Wiggly shorts got crushed, much asMelvin Capital dropped 53% in Januarychiefly on its GameStop downside bets, but that wasn’t the whole story. While there were some big winners, there were also some other big losers—none bigger than Piggly Wiggly’s founder and president, Clarence Saunders.\n“After working a sensational squeeze on Piggly Wiggly,”Barron’sreported at the time, “the Memphis grocer found that his ‘victory’ had cost him about $3,000,000 and control of his company.” It also tarnished Saunders’ legacy.\nBorn in 1881, Saunders worked his way out of poverty to become a retail pioneer,turning Piggly Wiggly (the origins of the name remain obscure) into the nation’s first “Self-Serving Store”in 1916.\nThat is, instead of giving shopping lists to clerks to fill—as was practice of the day—customers walked the aisles and chose their own goods. This sublimely simple concept caught on; by 1921 there were more than 600 Piggly Wiggly stores across the nation, and Saunders’ self-serve model is still the norm for supermarkets, fromKrogertoWalmart.\nClarence Saunders, Piggly Wiggly’s founder and president.Bain News Service/Library of Congress\nTo fuel continued expansion, Saunders in November 1922 announced plans to sell 100,000 new shares in the company. That, combined with unrelated news of a Piggly Wiggly licensee filing for bankruptcy, “caused heavy selling” in the stock, according toBarron’s, knocking the share price down to $30 from $45. Then Merrill Lynch and other Wall Street firms attempted a “bear raid,” shorting Piggly Wiggly stock in a bet it would fall further.\nSaunders cast the issue as good versus evil, asking potential investors, “Shall good business flee? Shall it tremble with fear? Shall it be the loot of the speculator?” as quoted in Mike Freeman’sClarence Saunders and the Founding of Piggly Wiggly: The Rise & Fall of a Memphis Maverick.\nTo counter the shorts, Saunders borrowed $10 million on margin from a number of investors and hatched a plan to buy up all outstanding shares of Piggly Wiggly, driving the price up. The stock reached $124 on March 20, 1923—when it was suspended by the New York Stock Exchange.\nThere was a “wild scramble by the shorts to cover,”Barron’swrote, yet there was less of that than had expected. The stock showed a “declining tendency” after the shorts had covered, and “the over-the-counter market for the stock gradually disappeared.” In the end, “Saunders and his associates” were left with “practically the entire issue of 200,000 shares on their hands—a large part of which had been accumulated at high prices” with “no market” to sell them.\nToBarron’s, Saunders had simply suffered “the customary fate of the Main Streeter who attempts to beat Wall Street.” Indeed, just three years earlier, a short-squeeze engineered by the owner of Stutz Motor Co. ended in bankruptcy for both.\nYet there were winners in Piggly Wiggly, too, such as the retired grocer from Providence, R.I., that Freeman writes about, who bought a thousand shares at $38 before the squeeze. Expecting to use the shares as dividend income, the retiree instead ended up selling them “from $96 to $124” and making a profit of almost $80,000 (around $1.2 million today).\nThat isn’t quite of the same magnitude as the gains made by Roaring Kitty, the GameStop investor whose initial $53,000 stake reached a value of at least $48 million. But the reality thatsome players will turn a handsome profit even as others are ruinedhasn’t changed over the years.\nToday, however, instead of one big investor like Saunders being left holding all the worthless shares, there may be many thousands of smaller investors facing financial strain or collapse.\nAs for Saunders, he went back to Tennessee, where “Memphis folk still have confidence” in him, asBarron’sreported at the time. But his various post–Piggle Wiggly ventures, includingKeedoozle automat-style stores, met with middling success. He died in 1953, his hopes of becoming the Henry Ford of supermarkets undone by an ill-fated decision to take on Wall Street.\nWe’ll see if GameStop investors fare any better.","news_type":1,"symbols_score_info":{"GME":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389675370,"gmtCreate":1612774493690,"gmtModify":1704873986197,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[{"img":"https://static.tigerbbs.com/336103fac91e7c9a7867cd2e9812c5b0","width":"1125","height":"3020"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389675370","isVote":1,"tweetType":1,"viewCount":1628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":389070961,"gmtCreate":1612651060053,"gmtModify":1704873316254,"author":{"id":"3565581649361282","authorId":"3565581649361282","name":"RogerLew","avatar":"https://community-static.tradeup.com/news/67fff7fc11a732c2a39346141c3fb368","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3565581649361282","idStr":"3565581649361282"},"themes":[],"htmlText":"When can up","listText":"When can up","text":"When can up","images":[{"img":"https://static.tigerbbs.com/6404715b38149ecf2a178694d91472ea","width":"1125","height":"3020"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389070961","isVote":1,"tweetType":1,"viewCount":2035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}