Gamestop Traders Need To Mark This Date on Their Calendars

InvestorPlace2021-12-08

It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...

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Derrick0359
2021-12-08
Derrick0359
Pls comment
ASCNMN
2021-12-08
ASCNMN
Ok
- Derrick0359:
  Ok
- Kenny77:
  Help tolike
- Alannjy:
  Like
pet
2021-12-08
pet
Like pls
- Derrick0359:
  Ok
- Kenny77:
  Help to like
- DinoJ:
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- ASCNMN:
  oo
SiewLooiWan
2021-12-08
SiewLooiWan
Sure
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  Help ro like

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I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">网页链接</a>\n\n</div>\n","source":"lsy1606302653667","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>Gamestop Traders Need To Mark This Date on Their Calendars</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\">\nGamestop Traders Need To Mark This Date on Their Calendars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nIt encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/","article_id":"1105277232","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105277232","pubTimestamp":1638952879,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Call it investing or call it handicapping - either way, GME stock is likely to make a big move","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站交易员需要在他们的日历上标记这个日期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been doing whatever it takes to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop sustained a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC) report that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop will report its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":602930407,"gmtCreate":1638954199439,"gmtModify":1638954199726,"author":{"id":"3574151642706297","authorId":"3574151642706297","name":"Derrick0359","avatar":"https://static.tigerbbs.com/1e4377b13ebe2fd65f630bf249fd6624","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574151642706297","authorIdStr":"3574151642706297"},"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602930407","repostId":1105277232,"repostType":4,"repost":{"id":"1105277232","kind":"news","pubTimestamp":1638952879,"share":"https://www.laohu8.com/m/news/1105277232?lang=&edition=full","pubTime":"2021-12-08 16:41","market":"us","language":"en","title":"Gamestop Traders Need To Mark This Date on Their Calendars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105277232","media":"InvestorPlace","summary":"Call it investing or call it handicapping - either way, GME stock is likely to make a big move","content":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to&nbsp;Gamestop&nbsp;(NYSE:GME), of course, as rebellious&nbsp;Reddit&nbsp;traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been&nbsp;doing whatever it takes&nbsp;to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock&nbsp;lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop&nbsp;sustained&nbsp;a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and&nbsp;InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC)&nbsp;report&nbsp;that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop&nbsp;will report&nbsp;its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","source":"lsy1606302653667","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>Gamestop Traders Need To Mark This Date on Their Calendars</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\">\nGamestop Traders Need To Mark This Date on Their Calendars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nIt encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">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"},"source_url":"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105277232","content_text":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been doing whatever it takes to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop sustained a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC) report that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop will report its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":602998663,"gmtCreate":1638953047954,"gmtModify":1638953048159,"author":{"id":"3575240466494143","authorId":"3575240466494143","name":"ASCNMN","avatar":"https://static.tigerbbs.com/9e7cbe60e92249aab78ace30dafa5d20","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575240466494143","authorIdStr":"3575240466494143"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/602998663","repostId":1105277232,"repostType":4,"repost":{"id":"1105277232","kind":"news","pubTimestamp":1638952879,"share":"https://www.laohu8.com/m/news/1105277232?lang=&edition=full","pubTime":"2021-12-08 16:41","market":"us","language":"en","title":"Gamestop Traders Need To Mark This Date on Their Calendars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105277232","media":"InvestorPlace","summary":"Call it investing or call it handicapping - either way, GME stock is likely to make a big move","content":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to&nbsp;Gamestop&nbsp;(NYSE:GME), of course, as rebellious&nbsp;Reddit&nbsp;traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been&nbsp;doing whatever it takes&nbsp;to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock&nbsp;lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop&nbsp;sustained&nbsp;a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and&nbsp;InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC)&nbsp;report&nbsp;that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop&nbsp;will report&nbsp;its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","source":"lsy1606302653667","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>Gamestop Traders Need To Mark This Date on Their Calendars</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\">\nGamestop Traders Need To Mark This Date on Their Calendars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nIt encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">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"},"source_url":"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105277232","content_text":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been doing whatever it takes to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop sustained a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC) report that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop will report its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6897369,"gmtCreate":1638954187147,"gmtModify":1638954187247,"authorId":3574151642706297,"author":{"id":3574151642706297,"idStr":"3574151642706297","authorId":3574151642706297,"name":"Derrick0359","avatar":"https://static.tigerbbs.com/1e4377b13ebe2fd65f630bf249fd6624","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998663,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6897321,"gmtCreate":1638953810911,"gmtModify":1638953811025,"authorId":3553679778150469,"author":{"id":3553679778150469,"idStr":"3553679778150469","authorId":3553679778150469,"name":"Kenny77","avatar":"https://static.tigerbbs.com/77c5e512c4b7983d3f3075d8ec4c2f2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998663,"type":1,"supId":0,"prevId":0,"content":"Help tolike ","text":"Help tolike ","html":"Help tolike "},{"id":6897247,"gmtCreate":1638953146837,"gmtModify":1638953146937,"authorId":3572213696829638,"author":{"id":3572213696829638,"idStr":"3572213696829638","authorId":3572213696829638,"name":"Alannjy","avatar":"https://static.tigerbbs.com/ab326ac9056e88557b36f97dfdad9cac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998663,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"CN"},{"id":602998323,"gmtCreate":1638953012249,"gmtModify":1638953028102,"author":{"id":"3574914454410809","authorId":"3574914454410809","name":"pet","avatar":"https://static.tigerbbs.com/d8bb8cf9a25355b93399ce59a269665b","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574914454410809","authorIdStr":"3574914454410809"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/602998323","repostId":1105277232,"repostType":4,"repost":{"id":"1105277232","kind":"news","pubTimestamp":1638952879,"share":"https://www.laohu8.com/m/news/1105277232?lang=&edition=full","pubTime":"2021-12-08 16:41","market":"us","language":"en","title":"Gamestop Traders Need To Mark This Date on Their Calendars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105277232","media":"InvestorPlace","summary":"Call it investing or call it handicapping - either way, GME stock is likely to make a big move","content":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to&nbsp;Gamestop&nbsp;(NYSE:GME), of course, as rebellious&nbsp;Reddit&nbsp;traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been&nbsp;doing whatever it takes&nbsp;to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock&nbsp;lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop&nbsp;sustained&nbsp;a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and&nbsp;InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC)&nbsp;report&nbsp;that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop&nbsp;will report&nbsp;its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","source":"lsy1606302653667","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>Gamestop Traders Need To Mark This Date on Their Calendars</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\">\nGamestop Traders Need To Mark This Date on Their Calendars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nIt encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">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"},"source_url":"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105277232","content_text":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been doing whatever it takes to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop sustained a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC) report that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop will report its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6897370,"gmtCreate":1638954194373,"gmtModify":1638954194478,"authorId":3574151642706297,"author":{"id":3574151642706297,"idStr":"3574151642706297","authorId":3574151642706297,"name":"Derrick0359","avatar":"https://static.tigerbbs.com/1e4377b13ebe2fd65f630bf249fd6624","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998323,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6897327,"gmtCreate":1638953844447,"gmtModify":1638953844482,"authorId":3553679778150469,"author":{"id":3553679778150469,"idStr":"3553679778150469","authorId":3553679778150469,"name":"Kenny77","avatar":"https://static.tigerbbs.com/77c5e512c4b7983d3f3075d8ec4c2f2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998323,"type":1,"supId":0,"prevId":0,"content":"Help to like","text":"Help to like","html":"Help to like"},{"id":6897259,"gmtCreate":1638953264833,"gmtModify":1638953264868,"authorId":3585217845569007,"author":{"id":3585217845569007,"idStr":"3585217845569007","authorId":3585217845569007,"name":"DinoJ","avatar":"https://static.tigerbbs.com/46edb5d2f10c742394ecdc373d59785c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998323,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6897241,"gmtCreate":1638953065669,"gmtModify":1638953065758,"authorId":3575240466494143,"author":{"id":3575240466494143,"idStr":"3575240466494143","authorId":3575240466494143,"name":"ASCNMN","avatar":"https://static.tigerbbs.com/9e7cbe60e92249aab78ace30dafa5d20","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998323,"type":1,"supId":0,"prevId":0,"content":"oo","text":"oo","html":"oo"}],"langContent":"CN"},{"id":602998054,"gmtCreate":1638952989235,"gmtModify":1638952989604,"author":{"id":"3582061758353540","authorId":"3582061758353540","name":"SiewLooiWan","avatar":"https://static.tigerbbs.com/882a76fb2f3809d087f6c6ad77073f77","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582061758353540","authorIdStr":"3582061758353540"},"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602998054","repostId":1105277232,"repostType":4,"repost":{"id":"1105277232","kind":"news","pubTimestamp":1638952879,"share":"https://www.laohu8.com/m/news/1105277232?lang=&edition=full","pubTime":"2021-12-08 16:41","market":"us","language":"en","title":"Gamestop Traders Need To Mark This Date on Their Calendars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105277232","media":"InvestorPlace","summary":"Call it investing or call it handicapping - either way, GME stock is likely to make a big move","content":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to&nbsp;Gamestop&nbsp;(NYSE:GME), of course, as rebellious&nbsp;Reddit&nbsp;traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been&nbsp;doing whatever it takes&nbsp;to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock&nbsp;lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop&nbsp;sustained&nbsp;a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and&nbsp;InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC)&nbsp;report&nbsp;that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop&nbsp;will report&nbsp;its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","source":"lsy1606302653667","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>Gamestop Traders Need To Mark This Date on Their Calendars</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\">\nGamestop Traders Need To Mark This Date on Their Calendars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nIt encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into ...\n\n<a href=\"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/\">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"},"source_url":"https://investorplace.com/2021/12/gme-stock-traders-need-to-mark-this-date-on-their-calendars/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105277232","content_text":"It encompasses the best and the worst of the financial markets in 2021. I’m referring to Gamestop (NYSE:GME), of course, as rebellious Reddit traders have successfully short-squeezed GME stock into the stratosphere.\nIn the story that refuses to die, Gamestop continues to generate a groundswell of support from Redditors of all stripes. It’s Main Street’s revenge against Wall Street, a David-versus-Goliath story for finance nerds everywhere.\nApparently, some of the Reddit Apes have been doing whatever it takes to keep short sellers from getting their hands on GME stock shares. Some of them have even switched brokerage accounts, allegedly, in order to temporarily hide their holdings.\nIt’s fascinating to watch that story unfold, but let’s not forge that we’re trading a real-life business here. Moreover, that business has an upcoming event that all Gamestop traders – Apes and otherwise – need to pay attention to.\nA Closer Look at GME Stock\nNo matter how you slice it, the short-squeeze mob beat the hedge funds at their own game.\nGME stock fell briefly below $4 in the summer of 2020, a slightly more innocent time when Reddit was an obscure message-board platform and hardly anyone talked about Gamestop.\nThen came the meme-stock phenomenon in early 2021, and all bets were off (except for r/WallStreetBets).\nIf Gamestop was unprofitable at that time, it didn’t matter. This was war, and sometimes logic is secondary in the heat of battle.\nAmazingly, in late February of 2021, short sellers who bet against GME stock lost $1.9 billionin two days.\nBy late May of that year, people/institutions shorting Gamestop sustained a cumulative $6.7 billion worth of losses in 2021.\nThe only thing that seems to be working in the bears’ favor, is the stock’s hard resistance level at $300.\nTherefore, it’s probably not a bad idea to take profits if/when GME stock breaches $300 again.\nThe Longs Are Strong\nBefore we get to the (pardon the pun) game-changing upcoming event, it’s important to consider what’s actually been driving the Gamestop share price higher.\nFinancial wizard and InvestorPlacecontributor Mark R. Hake really opened my eyes to what the data shows in this regard.\nCiting a Securities and Exchange Commission (SEC) report that tries to explain the Gamestop saga, Hake quoted a myth-busting observation.\nAccording to the SEC, the Gamestop share short-covering “was a small fraction of overall buy volume, and… GME share prices continued to be high after the direct effects of covering short positions would have waned.”\nI concur with Hake conclusion from this assessment: for the most part, hedge funds weren’t responsible for pushing up the Gamestop share price when they bought back their short positions.\nRather, GME stock was primarily boosted by huge volumes from long traders.\nThe takeaway here is that there’s real conviction among the Apes. And if there’s strength in numbers, then the long positions are certainly strong positions.\nGet Ready for This\nOkay, I won’t tease the topic any longer.\nAfter the closing bell rings on Wall Street, Gamestop will report its fiscal third-quarter earnings results on Dec. 8.\nI suspect that some retail GME stock traders might not know or care about this event, but they ought to.\nAfter all, a big earnings miss could swing the share price lower very quickly, and thereby shake some Apes out of the proverbial tree.\nHere are some numbers to watch for. First, Gamestop is expected to post a quarterly per-share earnings loss 52 cents.\nSo, at least to a certain extent, Wall Street will forgive the company for being unprofitable.\nHere’s where things could get problematic. Gamestop’s third-quarter revenue is expected to total $1.19 billion.\nThat would represent a year-over-year increase of 18.3%. Can Gamestop match that prediction?\nThe odds might not be favorable on this one. According to FactSet, Gamestop beat revenue expectations the past two quarters.\nHowever, the company also missed Wall Street’s revenue forecasts for nine consecutive quarters prior to those two beats.\nIf I were an oddsmaker, I’d wager on the side of caution on Dec. 8.\nThe Bottom Line\nLike it or not, the Redditors are winning the trading game. Trying to stand in their way isn’t recommended.\nMoreover, the SEC’s data tends to suggest that the Apes are capable of moving stock prices simply through their long positions.\nThis all bodes well for GME stock.\nNevertheless, it’s perfectly fine to stay out of the trading game on Dec. 8, and take profits at $300 if the Apes decide to revisit that price target.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6897324,"gmtCreate":1638953833220,"gmtModify":1638953833318,"authorId":3553679778150469,"author":{"id":3553679778150469,"idStr":"3553679778150469","authorId":3553679778150469,"name":"Kenny77","avatar":"https://static.tigerbbs.com/77c5e512c4b7983d3f3075d8ec4c2f2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602998054,"type":1,"supId":0,"prevId":0,"content":"Help ro like ","text":"Help ro like ","html":"Help ro like "}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":17,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105277232"}