Meme 🤔 Think twice
Just some short sharing on the meme stocks. The return from these stocks might be huge and amazing during the rally but the impact will be equivalent big when the heat wave is over.
$AMC Entertainment(AMC)$
The recent example will be AMC, which shot up on Monday. After that the stock experienced a continuous 4 days drop, almost 30%. If you look at its chart, this stock had been rejected 3 times recently by its longterm trend line, ema200.
3 times rejection
$Faraday Future Intelligent Electric Inc.(FFIE)$
I take a risk prediction for FFIE after it retraced for over one week. Since the company announced that it intended to enact a reverse stock split, the share price turns to be extremely volatile. The reason I am bullish for it, is due to the market positive sentiment on the EV sectors recently.
Crypto
$Coinbase Global, Inc.(COIN)$
Oil
$Occidental(OXY)$
Lastly, for another hot counter, $Grab Holdings(GRAB)$
@MillionaireTiger @Tiger_SG @TigerEvents @TigerStars @CaptainTiger
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Especially high volume was seen for the $4 strike put option expiring September 15, 2023, with 39,451 contracts trading so far today, representing approximately 3.9 million underlying shares of AMC.
很明显，在巨大的收益发布后，股价甚至没有移动，因为他们想清理今天5美元的所有看涨和看跌期权。
This would be THE PERFECT TIME to release major update NOW , as everyone thinks including myself, that the stock will stay at $5 five dollar today 😂
短褲太瘋狂了。他們認爲我和我們中的許多人以超過50美元的價格買入這些有價值的股票，以5美元的價格賣出？？？？
Meme stocks are often driven by social media sentiment, and they can be subject to sudden and unpredictable price movements.
Retail investors are increasingly using social media to share information about stocks, and this can have a significant impact on stock prices.
我们应该在投资任何迷因股票之前做自己的研究。
Trillions of counterfeit AMC shares sold. They all have to be bought back. Think about that.
There are trillions of counterfeit shares in AMC. We are going to be very rich.
First target 5.10 hit, next is 5.18
Next week could be explosive for AMC.