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DavidDarren
2021-06-26
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DavidDarren
2021-06-26
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DavidDarren
2021-06-26
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3 Reasons to Sell AMC Stock Right Now
DavidDarren
2021-03-24
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corrupted ","listText":"Too corrupted ","text":"Too corrupted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125935089","repostId":"1198438276","repostType":4,"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125932283,"gmtCreate":1624640323642,"gmtModify":1633950143041,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577086012713886","authorIdStr":"3577086012713886"},"themes":[],"htmlText":"Yayyy","listText":"Yayyy","text":"Yayyy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125932283","repostId":"2146072291","repostType":4,"repost":{"id":"2146072291","pubTimestamp":1624633800,"share":"https://www.laohu8.com/m/news/2146072291?lang=&edition=full","pubTime":"2021-06-25 23:10","market":"us","language":"en","title":"3 Reasons to Sell AMC Stock Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2146072291","media":"Motley Fool","summary":"The future looks bleak for this entertainment giant.","content":"<p>Meme stocks are a relatively new phenomenon. The term refers to equities that have skyrocketed in value without any fundamental justification but are instead seeing their stock prices turn quite volatile based mostly on hype, often from social media platforms.</p>\n<p>Notably, <b>AMC Entertainment Holdings</b> (NYSE:AMC) is among the most popular meme stocks at the moment. Its share price has surged 2,500% this year, driven by irrational enthusiasm from retail investors looking to strike it rich. And some have certainly succeeded, becoming millionaires almost overnight. But many others are likely to get burned when the stock price finally returns to more normal levels.</p>\n<p>If you own shares, here are three reasons to sell AMC stock right now.</p>\n<h3>1. Fundamentals always matter</h3>\n<p>Famed investor Benjamin Graham once said: \"In the short run, the market is a voting machine; but in the long run, it is a weighing machine.\" In other words, popularity drives price action in the short term, but fundamentals matter more over time.</p>\n<p><img src=\"https://static.tigerbbs.com/61107d3657db19f73a4afdc7a9e9a8e5\" tg-width=\"700\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images</p>\n<p>Anecdotally, I've read comments from a shocking number of AMC shareholders who assert that fundamentals (things like revenue, cash flow, and valuation) simply don't matter. When confronted with these metrics, they dismiss them and instead resort to accusations of short interest. And maybe some of the dissenters are short-sellers, but I have never been long or short AMC stock.</p>\n<p>Here's the unfortunate truth: Fundamentals always matter. Maybe not today, maybe not tomorrow, but eventually the stock price will reflect that. And if AMC's financial picture doesn't improve, the stock price will eventually plunge. And management knows that.</p>\n<p>In fact, in a recently filed Form 8-K, management issued this warning to shareholders: \"Under the circumstances, we caution you against investing in our [stock], unless you are prepared to incur the risk of losing all or a substantial portion of your investment.\"</p>\n<h3>2. AMC stock is wildly overvalued</h3>\n<p>The pandemic hit AMC hard last year, forcing the company to shutter theaters around the world. Not surprisingly, that sparked sharp declines in attendance, sales, and profitability. And despite reopening many locations this year, those metrics are still in free fall.</p>\n<table>\n <thead>\n <tr>\n <th><p>Metric</p></th>\n <th><p>Q2 2020</p></th>\n <th><p>Q3 2020</p></th>\n <th><p>Q4 2020</p></th>\n <th><p>Q1 2021</p></th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td width=\"144\"><p>YOY attendance growth (decline)</p></td>\n <td width=\"120\"><p>(100%)</p></td>\n <td width=\"126\"><p>(93%)</p></td>\n <td width=\"120\"><p>(91%)</p></td>\n <td width=\"114\"><p>(89%)</p></td>\n </tr>\n <tr>\n <td width=\"144\"><p>Revenue growth (decline)</p></td>\n <td width=\"120\"><p>(99%)</p></td>\n <td width=\"126\"><p>(91%)</p></td>\n <td width=\"120\"><p>(89%)</p></td>\n <td width=\"114\"><p>(84%)</p></td>\n </tr>\n </tbody>\n</table>\n<p>Source: AMC SEC filings. YOY: Year-over-year.</p>\n<p>Oddly, as sales have plummeted, the share price has hit new highs, driving the price-to-sales (P/S) ratio to nonsensical levels. If AMC was competing in a high-growth industry, its present valuation might not be alarming. But it competes in a slow-growing sector of the entertainment industry. Case in point: Box office revenue grew less than 1% per year between 2010 and 2019.</p>\n<table>\n <thead>\n <tr>\n <th><p>Metric</p></th>\n <th><p>Q4 2014</p></th>\n <th><p>Q4 2017</p></th>\n <th><p>Q4 2020</p></th>\n <th><p>Q1 2021</p></th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td width=\"125\"><p>Price-to-sales ratio</p></td>\n <td width=\"125\"><p>0.95</p></td>\n <td width=\"125\"><p>0.38</p></td>\n <td width=\"125\"><p>0.20</p></td>\n <td width=\"125\"><p>24.22</p></td>\n </tr>\n </tbody>\n</table>\n<p>Source: Ycharts. P/S multiples reflect data from the last day of each quarter.</p>\n<p>I'll end with this observation: Competition from streaming services has never been greater, and AMC's financial performance has never been weaker, so why is AMC stock valued more highly than ever before? At its current price, this is a dangerous investment.</p>\n<h3>3. AMC has a liquidity problem</h3>\n<p>Before the pandemic, AMC had $265 million in cash and $4.7 billion in debt on its balance sheet. It also had $4.9 billion in operating lease liabilities (i.e., rent).</p>\n<p>When the pandemic hit, the company deferred a portion of its rent, but still couldn't cover operating expenses and interest payments. So AMC issued more debt and new shares several times during 2020, effectively digging the hole deeper.</p>\n<p>As of March 31, 2021, AMC's balance sheet was insolvent -- even if the company sold every last asset, it still wouldn't have enough cash to cover its liabilities.</p>\n<p>Now, in order to meet its minimum liquidity requirements, attendance must reach 85% of pre-COVID levels by the fourth quarter of this year. If that doesn't happen, management said it would likely seek a \"restructuring of [its] liabilities.\" That's a fancy phrase that means shareholders would be completely wiped out.</p>\n<p>So let's ignore the red flags raised by AMC's valuation. Investors still need to ask this question: Can attendance reach 85% of pre-pandemic levels in that time frame? If you aren't certain the answer is yes, then it's time to sell this stock. There are better places to put your money.</p>","source":"fool_stock","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>3 Reasons to Sell AMC Stock Right Now</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\">\n3 Reasons to Sell AMC Stock Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 23:10 GMT+8 <a href=https://www.fool.com/investing/2021/06/25/3-reasons-to-sell-amc-stock-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks are a relatively new phenomenon. The term refers to equities that have skyrocketed in value without any fundamental justification but are instead seeing their stock prices turn quite ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/25/3-reasons-to-sell-amc-stock-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/25/3-reasons-to-sell-amc-stock-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146072291","content_text":"Meme stocks are a relatively new phenomenon. The term refers to equities that have skyrocketed in value without any fundamental justification but are instead seeing their stock prices turn quite volatile based mostly on hype, often from social media platforms.\nNotably, AMC Entertainment Holdings (NYSE:AMC) is among the most popular meme stocks at the moment. Its share price has surged 2,500% this year, driven by irrational enthusiasm from retail investors looking to strike it rich. And some have certainly succeeded, becoming millionaires almost overnight. But many others are likely to get burned when the stock price finally returns to more normal levels.\nIf you own shares, here are three reasons to sell AMC stock right now.\n1. Fundamentals always matter\nFamed investor Benjamin Graham once said: \"In the short run, the market is a voting machine; but in the long run, it is a weighing machine.\" In other words, popularity drives price action in the short term, but fundamentals matter more over time.\n\nImage source: Getty Images\nAnecdotally, I've read comments from a shocking number of AMC shareholders who assert that fundamentals (things like revenue, cash flow, and valuation) simply don't matter. When confronted with these metrics, they dismiss them and instead resort to accusations of short interest. And maybe some of the dissenters are short-sellers, but I have never been long or short AMC stock.\nHere's the unfortunate truth: Fundamentals always matter. Maybe not today, maybe not tomorrow, but eventually the stock price will reflect that. And if AMC's financial picture doesn't improve, the stock price will eventually plunge. And management knows that.\nIn fact, in a recently filed Form 8-K, management issued this warning to shareholders: \"Under the circumstances, we caution you against investing in our [stock], unless you are prepared to incur the risk of losing all or a substantial portion of your investment.\"\n2. AMC stock is wildly overvalued\nThe pandemic hit AMC hard last year, forcing the company to shutter theaters around the world. Not surprisingly, that sparked sharp declines in attendance, sales, and profitability. And despite reopening many locations this year, those metrics are still in free fall.\n\n\n\nMetric\nQ2 2020\nQ3 2020\nQ4 2020\nQ1 2021\n\n\n\n\nYOY attendance growth (decline)\n(100%)\n(93%)\n(91%)\n(89%)\n\n\nRevenue growth (decline)\n(99%)\n(91%)\n(89%)\n(84%)\n\n\n\nSource: AMC SEC filings. YOY: Year-over-year.\nOddly, as sales have plummeted, the share price has hit new highs, driving the price-to-sales (P/S) ratio to nonsensical levels. If AMC was competing in a high-growth industry, its present valuation might not be alarming. But it competes in a slow-growing sector of the entertainment industry. Case in point: Box office revenue grew less than 1% per year between 2010 and 2019.\n\n\n\nMetric\nQ4 2014\nQ4 2017\nQ4 2020\nQ1 2021\n\n\n\n\nPrice-to-sales ratio\n0.95\n0.38\n0.20\n24.22\n\n\n\nSource: Ycharts. P/S multiples reflect data from the last day of each quarter.\nI'll end with this observation: Competition from streaming services has never been greater, and AMC's financial performance has never been weaker, so why is AMC stock valued more highly than ever before? At its current price, this is a dangerous investment.\n3. AMC has a liquidity problem\nBefore the pandemic, AMC had $265 million in cash and $4.7 billion in debt on its balance sheet. It also had $4.9 billion in operating lease liabilities (i.e., rent).\nWhen the pandemic hit, the company deferred a portion of its rent, but still couldn't cover operating expenses and interest payments. So AMC issued more debt and new shares several times during 2020, effectively digging the hole deeper.\nAs of March 31, 2021, AMC's balance sheet was insolvent -- even if the company sold every last asset, it still wouldn't have enough cash to cover its liabilities.\nNow, in order to meet its minimum liquidity requirements, attendance must reach 85% of pre-COVID levels by the fourth quarter of this year. If that doesn't happen, management said it would likely seek a \"restructuring of [its] liabilities.\" That's a fancy phrase that means shareholders would be completely wiped out.\nSo let's ignore the red flags raised by AMC's valuation. Investors still need to ask this question: Can attendance reach 85% of pre-pandemic levels in that time frame? If you aren't certain the answer is yes, then it's time to sell this stock. There are better places to put your money.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351181908,"gmtCreate":1616575088704,"gmtModify":1634525131116,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577086012713886","authorIdStr":"3577086012713886"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/351181908","repostId":"1190328220","repostType":4,"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":351181908,"gmtCreate":1616575088704,"gmtModify":1634525131116,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577086012713886","idStr":"3577086012713886"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/351181908","repostId":"1190328220","repostType":4,"repost":{"id":"1190328220","pubTimestamp":1616573860,"share":"https://www.laohu8.com/m/news/1190328220?lang=&edition=full","pubTime":"2021-03-24 16:17","market":"us","language":"en","title":"Why These Marijuana Stocks Tanked on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1190328220","media":"Motley Fool","summary":"A seemingly positive development on the legislative front for the industry wasn't greeted too warmly","content":"<p>A seemingly positive development on the legislative front for the industry wasn't greeted too warmly by investors.</p>\n<p><b>What happened</b></p>\n<p>Talk about a buzzkill: The latest news on marijuana reform didn't go over well with cannabis stock investors. On Tuesday, they sold off many sector favorites, including <b>Aprhria</b>(NASDAQ:APHA),<b>Aurora Cannabis</b>(NYSE:ACB),<b>OrganiGram Holdings</b>(NASDAQ:OGI),<b>HEXO</b>(NYSE:HEXO), and <b>Curaleaf Holdings</b>(OTC:CURLF). All fell at rates ranging from 3.4% to 4.5%. Meanwhile, multistate operator <b>Green Thumb Industries</b>(OTC:GTBIF) really took it on the chin, declining 8.4%.</p>\n<p><b>So what</b></p>\n<p>There was little news of any consequence from those companies. Rather, it seems that investors are reacting to one development in Washington that's encouraging on its surface. Following a similar move in the House of Representatives last week, Sen. Jeff Merkley, an Oregon Democrat, and his Republican counterpart Steve Daines of Montana have reintroduced the SAFE Banking Act in the Senate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad0432cd677182be13f1af6415e6d71c\" tg-width=\"2000\" tg-height=\"1335\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>But Democrats, who tend to support marijuana reform measures, only control the Senate these days because of the potential tie-breaking vote of Vice President Kamala Harris, and the Senate filibuster is still available to Republicans (who clearly intend to do their best to scotch Democrat initiatives). That means the SAFE Banking Act -- which would protect financial institutions in legalized states that want to offer basic banking services to marijuana businesses -- currently looks like a nonstarter there.</p>\n<p><b>Now what</b></p>\n<p>So the one-step-forward-and-two-steps-back lurch of U.S. marijuana reform continues. But shareholders of Aprhia, Aurora, and their fellow cannabis stocks shouldn't be discouraged. Momentum still favors progress, as witnessed by the recent recreational-legalization switch thrown by Virginia. Believers in the future of corporate weed should stay the course.</p>","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>Why These Marijuana Stocks Tanked on Tuesday</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\">\nWhy These Marijuana Stocks Tanked on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-24 16:17 GMT+8 <a href=https://www.fool.com/investing/2021/03/23/why-these-marijuana-stocks-tanked-on-tuesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A seemingly positive development on the legislative front for the industry wasn't greeted too warmly by investors.\nWhat happened\nTalk about a buzzkill: The latest news on marijuana reform didn't go ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/23/why-these-marijuana-stocks-tanked-on-tuesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OGI":"ORGANIGRAM HOLD","ACB":"奥罗拉大麻公司","APHA":"Aphria Inc.","GTBIF":"Green Thumb Industries Inc.","CURLF":"Curaleaf Hldgs Inc."},"source_url":"https://www.fool.com/investing/2021/03/23/why-these-marijuana-stocks-tanked-on-tuesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190328220","content_text":"A seemingly positive development on the legislative front for the industry wasn't greeted too warmly by investors.\nWhat happened\nTalk about a buzzkill: The latest news on marijuana reform didn't go over well with cannabis stock investors. On Tuesday, they sold off many sector favorites, including Aprhria(NASDAQ:APHA),Aurora Cannabis(NYSE:ACB),OrganiGram Holdings(NASDAQ:OGI),HEXO(NYSE:HEXO), and Curaleaf Holdings(OTC:CURLF). All fell at rates ranging from 3.4% to 4.5%. Meanwhile, multistate operator Green Thumb Industries(OTC:GTBIF) really took it on the chin, declining 8.4%.\nSo what\nThere was little news of any consequence from those companies. Rather, it seems that investors are reacting to one development in Washington that's encouraging on its surface. Following a similar move in the House of Representatives last week, Sen. Jeff Merkley, an Oregon Democrat, and his Republican counterpart Steve Daines of Montana have reintroduced the SAFE Banking Act in the Senate.\nIMAGE SOURCE: GETTY IMAGES.\nBut Democrats, who tend to support marijuana reform measures, only control the Senate these days because of the potential tie-breaking vote of Vice President Kamala Harris, and the Senate filibuster is still available to Republicans (who clearly intend to do their best to scotch Democrat initiatives). That means the SAFE Banking Act -- which would protect financial institutions in legalized states that want to offer basic banking services to marijuana businesses -- currently looks like a nonstarter there.\nNow what\nSo the one-step-forward-and-two-steps-back lurch of U.S. marijuana reform continues. But shareholders of Aprhia, Aurora, and their fellow cannabis stocks shouldn't be discouraged. Momentum still favors progress, as witnessed by the recent recreational-legalization switch thrown by Virginia. Believers in the future of corporate weed should stay the course.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125937102,"gmtCreate":1624640460506,"gmtModify":1633950141634,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577086012713886","idStr":"3577086012713886"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125937102","repostId":"1134836867","repostType":4,"repost":{"id":"1134836867","pubTimestamp":1624634837,"share":"https://www.laohu8.com/m/news/1134836867?lang=&edition=full","pubTime":"2021-06-25 23:27","market":"us","language":"en","title":"Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836867","media":"zerohedge","summary":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to th","content":"<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.</p>\n<p>Inan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d1d2089581ea201564daaba8b5aac961\" tg-width=\"521\" tg-height=\"310\"></p>\n<p>Why? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.</p>\n<blockquote>\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n</blockquote>\n<p>Even as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.</p>\n<blockquote>\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n</blockquote>\n<p>So, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.</p>\n<p>Equities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).</p>\n<p>As for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"</p>\n<blockquote>\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"\n</blockquote>","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>Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks</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\">\nKyle Bass Slams Fed, Sees Inflation Everywhere He Looks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 23:27 GMT+8 <a href=https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"...</p>\n\n<a href=\"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836867","content_text":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.\nInan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"\n\nWhy? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.\n\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n\nEven as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.\n\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n\nSo, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.\nEquities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).\nAs for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"\n\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125935089,"gmtCreate":1624640352341,"gmtModify":1633950142675,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577086012713886","idStr":"3577086012713886"},"themes":[],"htmlText":"Too corrupted ","listText":"Too corrupted ","text":"Too corrupted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125935089","repostId":"1198438276","repostType":4,"repost":{"id":"1198438276","pubTimestamp":1624628503,"share":"https://www.laohu8.com/m/news/1198438276?lang=&edition=full","pubTime":"2021-06-25 21:41","market":"us","language":"en","title":"Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July","url":"https://stock-news.laohu8.com/highlight/detail?id=1198438276","media":"cnbc","summary":"KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event abo","content":"<div>\n<p>KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July</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; 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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\">\nElon Musk and Jack Dorsey agree to talk about bitcoin at an event in July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 21:41 GMT+8 <a href=https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198438276","content_text":"KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from Musk have taken bitcoin investors on a wild ride lately.\n\nTech billionairesElon MuskandJack Dorseyhave agreed to discussbitcoinwith each other at an event in July.\nIn a bizarreTwitterthread, Musk responded to a tweet from Dorsey promoting an event called \"The B Word,\" which aims to encourage companies and institutional investors to adopt bitcoin.\n\n\"Bicurious?\" theTeslaCEO said, seemingly referring to the \"B\" word in question.\nIn response, Twitter's Dorsey said: \"Bizarre! Let's you and I have a conversation at the event. You can share all your curiosities...\"\n\nMusk agreed. \"For the Bitcurious? Very well then, let's do it,\" he said, to which Dorsey later replied: \"Done! Will set up.\"\nThe event will take place on July 21, according to itswebsite, “offering a live experience and a library of content to the investor community, enabling a more informed discussion about the role Bitcoin can serve for institutions across the globe.”\nComments from Musk have taken bitcoin investors on a wild ride lately. The eccentric Tesla boss initially supported bitcoin,briefly adding the hashtag #bitcointo his Twitter bio in January.\nTesla then announced in February that it hadbought $1.5 billion worth of bitcoinand would start accepting it as a method of payment.\nAt the same time, Musk has made a number of tweets supporting dogecoin, which led to astunning— butshort-lived— rally for the joke cryptocurrency.\nMore recently, Musk appears to have rowed back on his views about bitcoin. Last month, he said Tesla wouldstop accepting bitcoin for car purchases, citingenvironmental concerns around the “insane” amount of energyrequired to mine the digital currency.\nHe also posted a meme suggesting he’sfallen out of lovewith bitcoin.\nBut earlier this month, Musk said that Tesla would accept the cryptocurrency when at least half of bitcoin mining is confirmed to be powered by clean energy.\nBitcoinfell below the key $30,000 mark on Tuesday, briefly erasing all its 2021 gains. The digital asset has since risen back above $33,000 but is still down almost 50% of its all-time high of nearly $65,000 which it reached in April.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125932283,"gmtCreate":1624640323642,"gmtModify":1633950143041,"author":{"id":"3577086012713886","authorId":"3577086012713886","name":"DavidDarren","avatar":"https://static.tigerbbs.com/bd4dc981c88f5814c2fa7d5ac80d0f48","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577086012713886","idStr":"3577086012713886"},"themes":[],"htmlText":"Yayyy","listText":"Yayyy","text":"Yayyy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125932283","repostId":"2146072291","repostType":4,"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
