A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says_老虎社区_美港股上老虎

A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says

Barrons2021-07-01

Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

Liviachia
·2021-07-09
Haha.. then wait for it to crush. Just hold !
回复
3
举报
RYong
·2021-07-02
So many stocks are considered meme stocks, including Apple. [得意] . If an analyst can just say in general meme stocks, I should just be one also, waiting for 1 to crash. 😂
回复
2
举报
6c65da76
·2021-07-01
Yup says the one who shorts tesla and failed. HAHAHA
回复
1
举报
am_newbie
·2021-07-01
Yeah, we need some gods to tell people when the stock will crash and make apes more united!!!
回复
点赞
举报
vvst
·2021-07-01
thats when new highs will come
回复
点赞
举报
AKKok
·2021-07-01
Cautions
回复
2
举报
JChoo
·2021-07-01
When GOD Said it crash, it will crash
回复
6
举报
Puppet23
·2021-07-01
Coming but not so soon to crash…
回复
2
举报
BIackTlger
·2021-07-01
💎🖐🏻💎Dont sell, HOLD
回复
6
举报
收起
- BIackTlger:
  Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!
  2021-07-01
  回复
  举报
- BIackTlger:
  Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!
  2021-07-01
  回复
  举报
- Kennethwzw:
  sure not. hahaha
  2021-07-01
  回复
  举报
查看更多 2 条评论
stocksown
·2021-07-01
let’s go
回复
1
举报
Haridesu
·2021-07-01
Oh yeah
回复
3
举报
收起
- stocksown:
  yes
  2021-07-01
  回复
  举报
ChoonHong
·2021-07-01
Yes it’s coming
回复
1
举报
收起
- ACCY:
  Be prepared
  2021-07-01
  回复
  举报
Dirui
·2021-07-01
Is it. Like pls
回复
4
举报
KIMSANG
·2021-07-01
OK
回复
1
举报
Leo_T
·2021-07-01
Ok. Like pls
回复
1
举报
Boonseong
·2021-07-01
Great ariticle, would you like to share it?
回复
2
举报
Ben_the_King
·2021-07-01
Meme stocks just unpredictable
回复
点赞
举报
收起
- Dirui:
  Ok
  2021-07-01
  回复
  举报
- ChoonHong:
  Same thinkiNg
  2021-07-01
  回复
  举报
- GacktEng:
  Comment n like pls
  2021-07-01
  回复
  举报
查看更多 1 条评论
TVermeulen
·2021-07-01
Testing
回复
点赞
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1135430392?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-07-01 16:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1135430392","market":"us","top_or_hot":-1,"title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","media":"Barrons","content":"<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">网页链接</a>\n\n</div>\n","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","article_id":"1135430392","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","pubTimestamp":1625129573,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯","AMC":"AMC院线","BBBY":"3B家居",".IXIC":"NASDAQ Composite","MRIN":"Marin Software Inc.","BB":"黑莓","GME":"游戏驿站",".SPX":"S&P 500 Index","WKHS":"Workhorse Group, Inc."},"translate_title":"“大空头”投资者迈克尔·伯里（Michael Burry）说，迷因股的崩盘即将到来","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AMC":0.9,"BB":0.9,"BBBY":0.9,"GME":0.9,"MRIN":0.9,"WKHS":0.9},"content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","kind":null,"is_publish_news":false,"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":143143609,"gmtCreate":1625784887301,"gmtModify":1631883987475,"author":{"id":"3581976453750818","authorId":"3581976453750818","authorIdStr":"3581976453750818","name":"Liviachia","avatar":"https://static.tigerbbs.com/2834cb0b50603c4f54385813c6ec634b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581976453750818"},"htmlText":"Haha.. then wait for it to crush. Just hold !&nbsp;","listText":"Haha.. then wait for it to crush. Just hold !&nbsp;","text":"Haha.. then wait for it to crush. Just hold !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143143609","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156741372,"gmtCreate":1625238383796,"gmtModify":1631883984730,"author":{"id":"3581681008250852","authorId":"3581681008250852","authorIdStr":"3581681008250852","name":"RYong","avatar":"https://static.tigerbbs.com/1578f159b299beaa194afc3dbdc0c690","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581681008250852"},"htmlText":"So many stocks are considered meme stocks, including Apple.&nbsp;[得意]&nbsp;. If an analyst can just say in general meme stocks, I should just be one also, waiting for 1 to crash. 😂&nbsp;","listText":"So many stocks are considered meme stocks, including Apple.&nbsp;[得意]&nbsp;. If an analyst can just say in general meme stocks, I should just be one also, waiting for 1 to crash. 😂&nbsp;","text":"So many stocks are considered meme stocks, including Apple. [得意] . If an analyst can just say in general meme stocks, I should just be one also, waiting for 1 to crash. 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156741372","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":158223852,"gmtCreate":1625151895176,"gmtModify":1631883984799,"author":{"id":"3579334079758210","authorId":"3579334079758210","authorIdStr":"3579334079758210","name":"6c65da76","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579334079758210"},"htmlText":"Yup says the one who shorts tesla and failed. HAHAHA","listText":"Yup says the one who shorts tesla and failed. HAHAHA","text":"Yup says the one who shorts tesla and failed. HAHAHA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158223852","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158629506,"gmtCreate":1625148213705,"gmtModify":1633944254967,"author":{"id":"3581583457456048","authorId":"3581583457456048","authorIdStr":"3581583457456048","name":"am_newbie","avatar":"https://static.tigerbbs.com/3c64d4645f1b2cfc8d02bf88edb7de59","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581583457456048"},"htmlText":"Yeah, we need some gods to tell people when the stock will crash and make apes more united!!!&nbsp;","listText":"Yeah, we need some gods to tell people when the stock will crash and make apes more united!!!&nbsp;","text":"Yeah, we need some gods to tell people when the stock will crash and make apes more united!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158629506","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158124543,"gmtCreate":1625138912182,"gmtModify":1633944389947,"author":{"id":"3573536907657622","authorId":"3573536907657622","authorIdStr":"3573536907657622","name":"vvst","avatar":"https://static.tigerbbs.com/dc6da087943c0b4187d3ba1332bc638a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573536907657622"},"htmlText":"thats when new highs will come","listText":"thats when new highs will come","text":"thats when new highs will come","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158124543","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158196079,"gmtCreate":1625134345591,"gmtModify":1633944428071,"author":{"id":"4088035103982220","authorId":"4088035103982220","authorIdStr":"4088035103982220","name":"AKKok","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088035103982220"},"htmlText":"Cautions","listText":"Cautions","text":"Cautions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158196079","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158353106,"gmtCreate":1625131333105,"gmtModify":1631888255671,"author":{"id":"3578019468411441","authorId":"3578019468411441","authorIdStr":"3578019468411441","name":"JChoo","avatar":"https://static.tigerbbs.com/1af920e36133d3f7f0da9afc8d27995e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578019468411441"},"htmlText":"When&nbsp;GOD Said it crash, it will crash","listText":"When&nbsp;GOD Said it crash, it will crash","text":"When GOD Said it crash, it will crash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158353106","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158359476,"gmtCreate":1625131320395,"gmtModify":1633944456392,"author":{"id":"3574996866235250","authorId":"3574996866235250","authorIdStr":"3574996866235250","name":"Puppet23","avatar":"https://static.tigerbbs.com/42179de0642f9656e077ab685ae7059d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574996866235250"},"htmlText":"Coming but not so soon to crash…","listText":"Coming but not so soon to crash…","text":"Coming but not so soon to crash…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158359476","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158325295,"gmtCreate":1625131009417,"gmtModify":1631893887361,"author":{"id":"3575004925185220","authorId":"3575004925185220","authorIdStr":"3575004925185220","name":"BIackTlger","avatar":"https://static.tigerbbs.com/1b6bbad3170909ed1e85e56dfb66d38e","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3575004925185220"},"htmlText":"💎🖐🏻💎Dont sell, HOLD","listText":"💎🖐🏻💎Dont sell, HOLD","text":"💎🖐🏻💎Dont sell, HOLD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/158325295","repostId":1135430392,"repostType":2,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5094333,"gmtCreate":1625154090934,"gmtModify":1631893887470,"authorId":3575004925185220,"author":{"id":3575004925185220,"authorId":3575004925185220,"name":"BIackTlger","avatar":"https://static.tigerbbs.com/1b6bbad3170909ed1e85e56dfb66d38e","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158325295,"type":1,"supId":5090858,"prevId":0,"content":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!","text":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!","html":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!"},{"id":5094330,"gmtCreate":1625154083618,"gmtModify":1631893887444,"authorId":3575004925185220,"author":{"id":3575004925185220,"authorId":3575004925185220,"name":"BIackTlger","avatar":"https://static.tigerbbs.com/1b6bbad3170909ed1e85e56dfb66d38e","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158325295,"type":1,"supId":5091908,"prevId":0,"content":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!","text":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!","html":"Sold my tiger shares with 60% profit, waiting for AMC to buy more to the moon!"},{"id":5091908,"gmtCreate":1625142428205,"gmtModify":1631893887419,"authorId":3571567747014100,"author":{"id":3571567747014100,"authorId":3571567747014100,"name":"Kennethwzw","avatar":"https://static.tigerbbs.com/fdb0b5c7325ccd5e750088b245d20a65","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158325295,"type":1,"supId":0,"prevId":0,"content":"sure not. <u>hahaha</u>","text":"sure not. <u>hahaha</u>","html":"sure not. <u>hahaha</u>"},{"id":5091170,"gmtCreate":1625136019388,"gmtModify":1631893887394,"authorId":3571822239104633,"author":{"id":3571822239104633,"authorId":3571822239104633,"name":"HHL90","avatar":"https://static.tigerbbs.com/4e86993d4935b6767529495b26dd4103","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158325295,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":5090858,"gmtCreate":1625133265216,"gmtModify":1631893887368,"authorId":3573956757864711,"author":{"id":3573956757864711,"authorId":3573956757864711,"name":"KT3","avatar":"https://static.tigerbbs.com/6a44a602bc50fb3cb321d2e009f12e72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158325295,"type":1,"supId":0,"prevId":0,"content":"are u sure <u>haha</u>","text":"are u sure <u>haha</u>","html":"are u sure <u>haha</u>"}],"langContent":"EN"},{"id":158329772,"gmtCreate":1625130669096,"gmtModify":1633944463330,"author":{"id":"3581764501240522","authorId":"3581764501240522","authorIdStr":"3581764501240522","name":"stocksown","avatar":"https://static.tigerbbs.com/1cd4b2b2ebfd577c03e2e9db6a1f4277","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581764501240522"},"htmlText":"let’s go&nbsp;","listText":"let’s go&nbsp;","text":"let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158329772","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158320622,"gmtCreate":1625130585966,"gmtModify":1633944464153,"author":{"id":"3558945196461360","authorId":"3558945196461360","authorIdStr":"3558945196461360","name":"Haridesu","avatar":"https://static.tigerbbs.com/8570d9c0762829555e5bcb96c52ad713","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3558945196461360"},"htmlText":"Oh yeah","listText":"Oh yeah","text":"Oh yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/158320622","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5090541,"gmtCreate":1625130677310,"gmtModify":1635239806428,"authorId":3581764501240522,"author":{"id":3581764501240522,"authorId":3581764501240522,"name":"stocksown","avatar":"https://static.tigerbbs.com/1cd4b2b2ebfd577c03e2e9db6a1f4277","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158320622,"type":1,"supId":0,"prevId":0,"content":"yes ","text":"yes ","html":"yes "}],"langContent":"EN"},{"id":158365416,"gmtCreate":1625130470635,"gmtModify":1633944466269,"author":{"id":"3559179711286338","authorId":"3559179711286338","authorIdStr":"3559179711286338","name":"ChoonHong","avatar":"https://static.tigerbbs.com/dbc5018991317a9a48b9e34d5e665561","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559179711286338"},"htmlText":"Yes it’s coming&nbsp;","listText":"Yes it’s coming&nbsp;","text":"Yes it’s coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/158365416","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5090535,"gmtCreate":1625130603153,"gmtModify":1635239807036,"authorId":3579758808989513,"author":{"id":3579758808989513,"authorId":3579758808989513,"name":"ACCY","avatar":"https://static.tigerbbs.com/a44626552831eb06aa01cf85dcaf7422","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158365416,"type":1,"supId":0,"prevId":0,"content":"Be prepared","text":"Be prepared","html":"Be prepared"}],"langContent":"EN"},{"id":158361460,"gmtCreate":1625130271650,"gmtModify":1633944469764,"author":{"id":"3576728357666184","authorId":"3576728357666184","authorIdStr":"3576728357666184","name":"Dirui","avatar":"https://static.tigerbbs.com/028fdb43f6018331c0e01e03918d42c9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576728357666184"},"htmlText":"Is it. Like pls","listText":"Is it. Like pls","text":"Is it. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158361460","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158361356,"gmtCreate":1625130223875,"gmtModify":1633944470509,"author":{"id":"3574398341122636","authorId":"3574398341122636","authorIdStr":"3574398341122636","name":"KIMSANG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574398341122636"},"htmlText":"OK&nbsp;","listText":"OK&nbsp;","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158361356","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158363459,"gmtCreate":1625130165471,"gmtModify":1633944470755,"author":{"id":"3577164655493669","authorId":"3577164655493669","authorIdStr":"3577164655493669","name":"Leo_T","avatar":"https://static.tigerbbs.com/4639e7c3fcdc38b65d6833798171bf2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577164655493669"},"htmlText":"Ok. Like pls","listText":"Ok. Like pls","text":"Ok. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158363459","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158369343,"gmtCreate":1625130060682,"gmtModify":1633944471941,"author":{"id":"3585729801280242","authorId":"3585729801280242","authorIdStr":"3585729801280242","name":"Boonseong","avatar":"https://static.tigerbbs.com/246facebf009ccbd87b47e3e304c37ef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585729801280242"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158369343","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158369098,"gmtCreate":1625130050314,"gmtModify":1633944472189,"author":{"id":"3582161512309317","authorId":"3582161512309317","authorIdStr":"3582161512309317","name":"Ben_the_King","avatar":"https://static.tigerbbs.com/c6f71703a565dd7321dc4f3e075f63a0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582161512309317"},"htmlText":"Meme stocks just unpredictable","listText":"Meme stocks just unpredictable","text":"Meme stocks just unpredictable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/158369098","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5090484,"gmtCreate":1625130259138,"gmtModify":1635239811227,"authorId":3576728357666184,"author":{"id":3576728357666184,"authorId":3576728357666184,"name":"Dirui","avatar":"https://static.tigerbbs.com/028fdb43f6018331c0e01e03918d42c9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158369098,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5090521,"gmtCreate":1625130504484,"gmtModify":1635239807847,"authorId":3559179711286338,"author":{"id":3559179711286338,"authorId":3559179711286338,"name":"ChoonHong","avatar":"https://static.tigerbbs.com/dbc5018991317a9a48b9e34d5e665561","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158369098,"type":1,"supId":0,"prevId":0,"content":"Same thinkiNg ","text":"Same thinkiNg ","html":"Same thinkiNg "},{"id":5090548,"gmtCreate":1625130750019,"gmtModify":1635239805842,"authorId":3583823859758620,"author":{"id":3583823859758620,"authorId":3583823859758620,"name":"GacktEng","avatar":"https://static.tigerbbs.com/f46820dfef2abefa70609fe49af45714","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158369098,"type":1,"supId":5090521,"prevId":0,"content":"Comment n like pls","text":"Comment n like pls","html":"Comment n like pls"},{"id":5090946,"gmtCreate":1625133904597,"gmtModify":1635239779518,"authorId":3572770575316275,"author":{"id":3572770575316275,"authorId":3572770575316275,"name":"hassrath","avatar":"https://static.tigerbbs.com/5aad87e8d07bd95cdb728c71d231f08b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158369098,"type":1,"supId":0,"prevId":0,"content":"Exactly","text":"Exactly","html":"Exactly"}],"langContent":"EN"},{"id":158387330,"gmtCreate":1625129909520,"gmtModify":1633944473678,"author":{"id":"3580699589385230","authorId":"3580699589385230","authorIdStr":"3580699589385230","name":"TVermeulen","avatar":"https://static.tigerbbs.com/ffcbb09604bf679c78d4b172e4ad0c39","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580699589385230"},"htmlText":"Testing&nbsp;","listText":"Testing&nbsp;","text":"Testing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158387330","repostId":1135430392,"repostType":4,"repost":{"id":"1135430392","pubTimestamp":1625129573,"share":"https://www.laohu8.com/m/news/1135430392?lang=&edition=full","pubTime":"2021-07-01 16:52","market":"us","language":"en","title":"A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1135430392","media":"Barrons","summary":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Mic","content":"<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.</p>\n<p>“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry told<i>Barron’s</i>via email. “We’re running out of new money available to jump on the bandwagon.”</p>\n<p>Burry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.</p>\n<p>“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part&nbsp;referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely&nbsp;juiced meme stock trading.</p>\n<p>Burry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told&nbsp;<i>Barron’s</i>&nbsp;in August of that year&nbsp;that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from&nbsp;Sony&nbsp;and&nbsp;Microsoft&nbsp;were released in 2020. On the now-viral&nbsp;RoaringKitty YouTube channel&nbsp;that predicted the GameStop squeeze potential,retail investor Keith Gill&nbsp;touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and&nbsp;related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.</p>\n<p>“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”</p>\n<p>In 2020, after&nbsp;Chewy co-founder Ryan Cohen&nbsp;revealed&nbsp;a 9% stake in the company&nbsp;and&nbsp;called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.</p>\n<p>Asked about companies like GameStop and&nbsp;AMC Entertainment Holdings(AMC) that&nbsp;have sold millions of shares&nbsp;into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.</p>\n<p>He thinks companies should be selling stock—as long as they follow the laws.</p>\n<p>“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”</p>","source":"lsy1601382232898","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>A Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says</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\">\nA Crash Is Coming for Meme Stocks, ‘Big Short’ Investor Michael Burry Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of ...</p>\n\n<a href=\"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST\">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",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite","BBBY":"3B家居","BB":"黑莓","AMC":"AMC院线","MRIN":"Marin Software Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/meme-stock-crash-coming-michael-burry-51625094355?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135430392","content_text":"Long before retail investors on Reddit flooded online forums theorizing about GameStop, investor Michael Burry spotted an out-of-favor stock that was misunderstood. Now, Burry says he sees shades of 1999 and 2007—periods of other market frothiness.\n“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” Burry toldBarron’svia email. “We’re running out of new money available to jump on the bandwagon.”\nBurry, whose successful bet against the housing market ahead of the subprime mortgage collapse made him a prominent character in the book and movie “The Big Short,” believes that meme stocks are the latest Wall Street trend that could wind up hurting regular investors. He said that in 1999, everyone making money in dot-com stocks believed it would continue. In 2007, those making money “leveraged to the hilt in multiple homes” thought that would continue, too.\n“Momentum, social media are now part of the strategy for Wall Street, and they are in a better position than retail to participate, sniff out and start gamma squeezes in the options market,” Burry added,the latter part referring to heightened demand for shares driven by market makers rushing to hedge call options they sold—a phenomenon that likely juiced meme stock trading.\nBurry became a high-profile GameStop (ticker: GME) bull in the second half of 2019. He told Barron’s in August of that year that fears about disc-less consoles were overblown. He expected free cash flow to rebound when new consoles from Sony and Microsoft were released in 2020. On the now-viral RoaringKitty YouTube channel that predicted the GameStop squeeze potential,retail investor Keith Gill touted Burry’s bull thesis. Burry couldn’t have foreseen the pandemic and related console shortages, but his thesis was certainly playing out, as shares began to rebound in the second half of 2020.\n“For me though, if I get within years on a thesis coming true, I’m happy,” he says. “Most people are focused on days, weeks or months.”\nIn 2020, after Chewy co-founder Ryan Cohen revealed a 9% stake in the company and called for major changes, shares rallied back to double-digit territory. Burry sold what was left of his GameStop stake at a profit at some point during the fourth quarter of last year, according to regulatory filings.\nAsked about companies like GameStop and AMC Entertainment Holdings(AMC) that have sold millions of shares into surging stock prices, Burry points out that is wasn’t that long ago that GameStop was buying back millions of dollars in stock at his suggestion.\nHe thinks companies should be selling stock—as long as they follow the laws.\n“This is a Godsend for these companies,” Burry added. “But just having cash on hand itself does not warrant high multiples from the market, as many, many listed companies can tell you.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":63,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}