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Speculative Bets

All articles tagged with #speculative bets

finance2 years ago•1 min saved

GameStop's Retail Traders Spark Explosive Rally

GameStop shares are expected to continue their rally as retail traders show renewed interest, with the stock jumping 13% in premarket trading. The surge in GameStop's shares, along with a 3.6% rise in AMC Entertainment, suggests a broader market recovery is fueling speculative trading among retail investors. The sudden interest in GameStop comes ahead of its upcoming third-quarter results, with analysts anticipating a narrowing net loss. Short sellers may be concerned about the price move and the possibility of better-than-expected earnings.

via Yahoo Finance|

#finance #gamestop #meme-stocks

finance2 years ago•0 min saved

GameStop Stock Surges on Speculative Bets, Marking Best Day Since January

Traders are placing speculative bets on GameStop's stock by purchasing long-shot call options that would pay off if the stock price nearly doubles before or shortly after the company's upcoming earnings report. Investors have been particularly interested in options with strike prices at $20, $22, and $22.50, indicating a belief that the stock could climb at least 40%.

via MarketWatch|

#call-options #earnings-report #finance

finance2 years ago•2 min saved

Retail investors drive WeWork's meme-stock surge

Retail investors are turning their attention to penny stocks such as WeWork, Amyris, and Proterra, leading to a surge in trading volume and share prices. WeWork, once valued at $47 billion, warned of potential bankruptcy, while Amyris filed for bankruptcy and Proterra filed for Chapter 11 protection. Despite significant losses this week, these stocks saw gains of 40% to 120% as retail traders speculated on potential mergers, turnarounds, and short squeezes. The allure of massive profits in a short period of time is attracting investors, although the risks remain high.

via Reuters|

#bankruptcy #finance #mergers-and-acquisitions