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BioCryst Shares Slide As Reddit-Induced Rally Peters Out
Tuesday, February 2, 2021 - 3:22pm | 543Read More...BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) shares, which had been locked in a trading range since the start of January, broke out of the range Monday and rallied strongly, only to pull back in the next session. Monday's 39% Rally: BioCryst shares gap opened Monday's session about 26%...
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Mark Cuban Says The The Trading Game Has Changed: 'You Can Be A Smart Investor And Be A Small Investor'
Tuesday, February 2, 2021 - 1:11pm | 311Read More...Fresh off a Reddit AMA, billionaire investor and entrepreneur Mark Cuban was on CNBC to talk about the GameStop Corp. (NYSE: GME) short covering fiasco. Here is a quick summary of his appearance. Smart Investors: On the topic of treating GameStop traders and buyers as responsible adults,...
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6 Highlights From Mark Cuban's Reddit AMA: GameStop, Robinhood, WSB And Much More
Tuesday, February 2, 2021 - 12:17pm | 667Read More...Billionaire investor, Dallas Mavericks owner and "Shark Tank" star Mark Cuban hosted a Reddit AMA Tuesday morning where he fielded questions on the Reddit community across many topics. Here is a summary of the key takeaways. 1. GameStop Fiasco Isn't Unique:...
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MrBeast Bought A GameStop Store For $80K, But Should He Have Bought GME Stock Instead?
Tuesday, February 2, 2021 - 11:05am | 435Read More...Well-known YouTube personality MrBeast is known for his giveaways to his fans. One stunt in January included buying a GameStop store and giving away all the contents inside. What Happened: MrBeast purchased items from five stores in January. This included a clothing store, a GameStop Corp (NYSE:...
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Can Bitcoin Be The Next GameStop? The Word On The Street
Tuesday, February 2, 2021 - 5:51am | 882Read More...The Reddit retail investor crowd that pushed up stocks of GameStop Corp (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), and others could next set their sights on the world’s largest cryptocurrency by market cap — Bitcoin (BTC). Bit Of A Laggard: The apex cryptocurrency has...
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GameStop, AMC, Silver Stocks Continue To Plunge Pre-Market
Tuesday, February 2, 2021 - 5:14am | 305Read More...The shares of GameStop Corp. (NYSE: GME) and others benefiting from the short squeeze this month continue to dip in the pre-market session on Tuesday following the massive plunge on Monday. GameStop shares traded 24.3% lower at $170.21 at press time, as the purchase of the stock on Robinhood and...
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GameStop Short Selling Reduces By Over Half: Report
Tuesday, February 2, 2021 - 1:39am | 463Read More...Short selling activity in the shares of GameStop Corp (NYSE: GME) is slowing down as traders move to cover their bets, according to analytics company S3 Partners, Reuters reported Monday. What Happened: The video game retailer’s 27.13 million shares were shorted in the week, which is 35...
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Why Comstock Mining Stock Skyrocketed 122% Today
Monday, February 1, 2021 - 10:57pm | 469Read More...Comstock Mining Inc (NYSE: LODE) stock shot up nearly 122% in the regular and after-hours session on Monday. What Happened: The Nevada-based gold and silver mining company benefitted from the momentum in Silver on Monday. Volumes stood at 320.86 million, while the average volume for Comstock...
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2 Movies On The GameStop Drama Are Already In The Works
Monday, February 1, 2021 - 7:25pm | 412Read More...The story of David versus Goliath turning retail traders against hedge funds has been well covered and documented across the media over the past couple of weeks. The story is so popular that it's already being turned into a book and two movies. What Happened: Two separate movie projects...
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GameStop, AMC, Silver Stocks Continue Rally Pre-Market
Monday, February 1, 2021 - 5:42am | 291Read More...Several stocks that are targets of social media users-led short squeeze are continuing to rally in the pre-market session on Monday. GameStop Corp. (NYSE: GME) shares traded 7.7% higher at $350 at press-time. AMC Entertainment Holdings Inc. (NYSE: AMC) shares traded 21.4% higher at $16.10. Nokia...
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Elon Musk Turns Tough Interviewer For Robinhood CEO, Demands Answers On GameStop Events
Monday, February 1, 2021 - 5:26am | 627Read More...Robinhood Co-founder and CEO Vladimir Tenev made a surprise appearance on Clubhouse early Monday with Tesla Inc (NASDAQ: TSLA) counterpart Elon Musk, who grilled him extensively on recent events. What Happened: Tenev said it had been a “surreal” week for him, in a reference...
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Fintech Focus For February 1, 2021
Monday, February 1, 2021 - 12:56am | 1721Read More...Quote To Start The Day: The value of the cold email is so underrated. Source: Michael Gruen One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed...
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Silver Futures Shoot Up 5% As WallStreetBets Seeks Short Squeeze
Sunday, January 31, 2021 - 11:14pm | 600Read More...Silver futures jumped on Sunday night as speculation arose that the Reddit investors-led short-squeeze rally that pushed up shares in GameStop Corporation (NYSE: GME) and others is extending into the precious metals market. What Happened: March silver futures traded 5.34% higher at $28.37 at press...
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Robinhood's User Agreement Likely Protects It From Lawsuits: Reuters
Saturday, January 30, 2021 - 1:39pm | 430Read More...Robinhood is likely protected by its user agreements from potential lawsuits in the wake of the actions the platform took this week. What Happened: That's according to legal experts spoken to by Reuters. They pointed to language in the user agreement that says Robinhood “may at any time,...
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Robinhood Posts Explanation About Its Decision To Restrict Stock Purchases
Saturday, January 30, 2021 - 11:41am | 511Read More...Robinhood has posted a defense over its decision on Thursday to restrict stock purchases. What Happened: The trading platform drew a lot of heat when it restricted purchases of certain stocks, fueling conspiracy theories of being in cahoots with hedge funds that had shorted the stocks. Late on...















