Daily Archives: January 29, 2021

The Full Gamestop VS WallStreetBets Story – Shorting Hedge Funds

Trading in Gamestop (NYSE:GME) has caught the worlds attention. The story has gotten everyone talking from richest man in the world Elon Musk ( who is against the hedge funds) to taxi drivers. It  is soo engulfing that it has got Donal Trump jnr and hard left democrats on the same page for once. What started out  an opportunity for some in the Redditt subgroup /r/wallstreetbets to make money has now morphed into something much more more.   The Gamestop story is the everyday Joe saying they don’t like a system geared to the already rich. The story is about about capitalism, class warfare, free markets, censorship, freedom of speech, […]

Buying Shares in AMC Networks Vs AMC Entertainment – What stock is WallStreetBets Tipping?

Reddit subgroup r/wallstreetbets bets taking on the big hedge funds is a story for the ages.   Whilst the original Wallstreetbets posters had a good ‘short squeeze‘ thesis and have made big money. I fear it might not necessarily be a good buy anymore for the retail investor that could get caught holding the baby.   Many of the newer buys are buying based on speculation rather than any research or due diligence. A case in point is AMC Entertainment (NYSE: AMC) vs AMC Networks (NASDAQ: AMCX).   AMC Entertainment, alongside Gamestop, is being tipped by Redditors and social media alike as a way to make money from the short […]