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- Xiao8Xiao8
  ·2021-06-10
  [Smile]
  HK-listed Ocumension Therapeutics hits near 5-month high on share sale plan
  ** Shares of Ocumension Therapeutics rise as much as 9.6% to HK$32.05, their highest since Jan. 18,
  HK-listed Ocumension Therapeutics hits near 5-month high on share sale plan
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- Xiao8Xiao8
  ·2021-06-10
  $$$
  The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking
  You would think the Federal Reserve would have a hard time attracting funds by offering an interest
  The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking
  273 1
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- Xiao8Xiao8
  ·2021-05-27
  Yes is great
  AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021
  Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s
  AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021
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- Xiao8Xiao8
  ·2021-05-27
  Good
  Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million
  Don't invest like Andrew Dawood -- you may never be as lucky.The Egyptian-born resident of Dubai tur
  Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million
  398 评论
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- Xiao8Xiao8
  ·2021-05-21
  Superman
  非常抱歉，此主贴已删除
  380 1
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- Xiao8Xiao8
  ·2021-05-21
  Super nice
  非常抱歉，此主贴已删除
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623301086,"share":"https://www.laohu8.com/m/news/2142241372?lang=&edition=full","pubTime":"2021-06-10 12:58","market":"hk","language":"en","title":"HK-listed Ocumension Therapeutics hits near 5-month high on share sale plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2142241372","media":"Reuters","summary":"** Shares of Ocumension Therapeutics rise as much as 9.6% to HK$32.05, their highest since Jan. 18, ","content":"<p>** Shares of Ocumension Therapeutics rise as much as 9.6% to HK$32.05, their highest since Jan. 18, and on course for second session of gains</p>\n<p>** Stock on track for the best day since May 31</p>\n<p>** China-based ophthalmic therapies developer says major shareholders plan sale of 1.36% of the company stake to third-party investors for HK$236.5 mln ($30.5 mln)</p>\n<p>** The major shareholders, including 6 Dimensions Capital, 6 Dimensions Affiliates Fund, Suzhou <a href=\"https://laohu8.com/S/FRO\">Frontline</a> BioVentures Venture Capital Fund II, and Suzhou 6Dimensions Venture Capital Partnership, plan sale of 8.6 mln existing shares at HK$27.50 each, or 6% discount to Wednesday's close</p>\n<p>** Co says it does not expect the placing to have any adverse effect on its operations</p>\n<p>** <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> &amp; Co International <a href=\"https://laohu8.com/S/PLC\">PLC</a> is the placing agent</p>\n<p>** Hong Kong's healthcare index climbs 0.6%</p>\n<p>** Both the Hang Seng China enterprises index and the benchmark index gain 0.3%</p>\n<p>** As of last close, the stock had risen 8.3% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nHK-listed Ocumension Therapeutics hits near 5-month high on share sale plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-10 12:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Ocumension Therapeutics rise as much as 9.6% to HK$32.05, their highest since Jan. 18, and on course for second session of gains</p>\n<p>** Stock on track for the best day since May 31</p>\n<p>** China-based ophthalmic therapies developer says major shareholders plan sale of 1.36% of the company stake to third-party investors for HK$236.5 mln ($30.5 mln)</p>\n<p>** The major shareholders, including 6 Dimensions Capital, 6 Dimensions Affiliates Fund, Suzhou <a href=\"https://laohu8.com/S/FRO\">Frontline</a> BioVentures Venture Capital Fund II, and Suzhou 6Dimensions Venture Capital Partnership, plan sale of 8.6 mln existing shares at HK$27.50 each, or 6% discount to Wednesday's close</p>\n<p>** Co says it does not expect the placing to have any adverse effect on its operations</p>\n<p>** <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> &amp; Co International <a href=\"https://laohu8.com/S/PLC\">PLC</a> is the placing agent</p>\n<p>** Hong Kong's healthcare index climbs 0.6%</p>\n<p>** Both the Hang Seng China enterprises index and the benchmark index gain 0.3%</p>\n<p>** As of last close, the stock had risen 8.3% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01477":"欧康维视生物-B"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142241372","content_text":"** Shares of Ocumension Therapeutics rise as much as 9.6% to HK$32.05, their highest since Jan. 18, and on course for second session of gains\n** Stock on track for the best day since May 31\n** China-based ophthalmic therapies developer says major shareholders plan sale of 1.36% of the company stake to third-party investors for HK$236.5 mln ($30.5 mln)\n** The major shareholders, including 6 Dimensions Capital, 6 Dimensions Affiliates Fund, Suzhou Frontline BioVentures Venture Capital Fund II, and Suzhou 6Dimensions Venture Capital Partnership, plan sale of 8.6 mln existing shares at HK$27.50 each, or 6% discount to Wednesday's close\n** Co says it does not expect the placing to have any adverse effect on its operations\n** Morgan Stanley & Co International PLC is the placing agent\n** Hong Kong's healthcare index climbs 0.6%\n** Both the Hang Seng China enterprises index and the benchmark index gain 0.3%\n** As of last close, the stock had risen 8.3% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183951215,"gmtCreate":1623302491037,"gmtModify":1634034775392,"author":{"id":"3582746115408690","authorId":"3582746115408690","name":"Xiao8","avatar":"https://static.tigerbbs.com/22d090e5d2108456962627f7ef25270b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582746115408690","authorIdStr":"3582746115408690"},"themes":[],"htmlText":"$$$","listText":"$$$","text":"$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183951215","repostId":"1114854557","repostType":4,"repost":{"id":"1114854557","kind":"news","pubTimestamp":1623302413,"share":"https://www.laohu8.com/m/news/1114854557?lang=&edition=full","pubTime":"2021-06-10 13:20","market":"us","language":"en","title":"The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking","url":"https://stock-news.laohu8.com/highlight/detail?id=1114854557","media":"bloomberg","summary":"You would think the Federal Reserve would have a hard time attracting funds by offering an interest ","content":"<p>You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when there’s Bitcoin and AMC Entertainment Holdings Inc. and lumber and houses in Boise? Many days last year and early this year&nbsp;there were no takers.</p>\n<p>Starting in April, though, no interest started looking&nbsp;interesting to certain investors&nbsp;with too much cash on their hands. The amount of money they placed at the Fed overnight at 0.00% grew from nothing to single-digit millions to billions and, as of June 8, $497.4&nbsp;billion. That’s the most ever.</p>\n<p>The Federal Reserve Swallows Up Money</p>\n<p>Money market funds and others are depositing more funds overnight at the central bank</p>\n<p>Source: Federal Reserve Bank of New York</p>\n<p>Banks and money market mutual funds are unhappy with the situation and they’re&nbsp;pressing the Federal Reserve to do something about it. Others say there’s no rush to tinker. The Fed facility that’s taking in all that money is “doing what it’s designed to do,” Credit Suisse Group AG analyst Zoltan Pozsar wrote in a client note on June 4.</p>\n<p>Meanwhile, the numbers are likely to get even bigger, the Bank Policy Institute, a research and advocacy group, said&nbsp;on June 8. “We could see take-up nearing $1 trillion at the end of the second quarter of 2021, driven by the seasonal spikes,”wroteFrancisco Covas, its head of research.</p>\n<p>The quick explanation for this is that there’s a lot of money sloshing around the financial system, and for regulatory reasons banks don’t want to take it in as deposits. So money market mutual funds are absorbing the money. Each night they place some of their assets with the Fed and earn nothing, which is bad for their profitability. As for the Fed, the reason it even offers the facility is that otherwise the forces of supply and demand might push the federal funds rate below zero, which it has vowed not to let happen.</p>\n<p>The longer explanation gets at why this is suddenly happening now. As the Bank Policy Institute explains, the key reason is a rule change regarding bank capital requirements that took effect on April 1. It has to do with a clunky requirement called the supplementary leverage ratio, which is intended to prevent banks from taking on too much debt to acquire assets. The fear, of course, is that the assets will lose value and make the banks insolvent. The supplementary ratio, in its clunky way, treats all assets as equally risky, even though of course they aren’t:&nbsp;Treasury bonds and reserves at the Fed are extremely safe.</p>\n<p>When the Covid-19 crisis hit last year, regulators waived the rule, temporarily excluding banks’ holdings of Treasury bonds and reserves&nbsp;from the supplementary leverage ratio calculation. But the waiver ended on&nbsp;March 31 of this year, so banks once again have an incentive not to take in a lot of funds (such as deposits) to acquire a lot of assets (such as Treasuries and reserves). A related&nbsp;rule that’s getting the biggest banks to push away deposits is the capital surcharge for global systemically important banks.</p>\n<p>The Fed itself is increasing the pressure on the system by continuing to buy&nbsp;$120 billion a month of&nbsp;Treasuries and mortgage-backed securities to push down long-term interest rates. The money the Fed pays out, instead of going into bank deposits, is winding up in money market mutual funds, and then circulating into the Fed’s deposit facility, which consists of overnight reverse repurchase agreements.</p>\n<p>One problem with this situation is that the Fed is taking over what used to be a mostly private function. If money market funds get used to keeping a lot of their money at the Fed instead of investing in, say, the commercial paper of private companies, they may switch even more money to the Fed in some future crisis, depriving the private sector of&nbsp;needed funds. This isn’t just a theoretical concern—companies lost access to funding in the global financial crisis of 2007-09.</p>\n<p>The Bank Policy Institute quotes from a 2015&nbsp;Fed staffworking paper:</p>\n<p><i>“Most importantly, a permanently expanded role for the Federal Reserve in short-term funding markets could reshape the financial industry in ways that may be difficult to&nbsp;anticipate and that may prove to be&nbsp;undesirable. For example, a permanent or long-lasting&nbsp;facility that causes very significant crowding out of short-term financing could lead to&nbsp;atrophying of the private infrastructure that supports these markets. Partially in response to some&nbsp;of these concerns, the FOMC has made clear that an ON RRP facility is not intended to be&nbsp;permanent.”</i></p>\n<p>Except now the overnight reverse repurchase facility seemingly is permanent, or at least long-lasting—and large.</p>","source":"lsy1584095487587","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>The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking</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\">\nThe Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 13:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114854557","content_text":"You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when there’s Bitcoin and AMC Entertainment Holdings Inc. and lumber and houses in Boise? Many days last year and early this year there were no takers.\nStarting in April, though, no interest started looking interesting to certain investors with too much cash on their hands. The amount of money they placed at the Fed overnight at 0.00% grew from nothing to single-digit millions to billions and, as of June 8, $497.4 billion. That’s the most ever.\nThe Federal Reserve Swallows Up Money\nMoney market funds and others are depositing more funds overnight at the central bank\nSource: Federal Reserve Bank of New York\nBanks and money market mutual funds are unhappy with the situation and they’re pressing the Federal Reserve to do something about it. Others say there’s no rush to tinker. The Fed facility that’s taking in all that money is “doing what it’s designed to do,” Credit Suisse Group AG analyst Zoltan Pozsar wrote in a client note on June 4.\nMeanwhile, the numbers are likely to get even bigger, the Bank Policy Institute, a research and advocacy group, said on June 8. “We could see take-up nearing $1 trillion at the end of the second quarter of 2021, driven by the seasonal spikes,”wroteFrancisco Covas, its head of research.\nThe quick explanation for this is that there’s a lot of money sloshing around the financial system, and for regulatory reasons banks don’t want to take it in as deposits. So money market mutual funds are absorbing the money. Each night they place some of their assets with the Fed and earn nothing, which is bad for their profitability. As for the Fed, the reason it even offers the facility is that otherwise the forces of supply and demand might push the federal funds rate below zero, which it has vowed not to let happen.\nThe longer explanation gets at why this is suddenly happening now. As the Bank Policy Institute explains, the key reason is a rule change regarding bank capital requirements that took effect on April 1. It has to do with a clunky requirement called the supplementary leverage ratio, which is intended to prevent banks from taking on too much debt to acquire assets. The fear, of course, is that the assets will lose value and make the banks insolvent. The supplementary ratio, in its clunky way, treats all assets as equally risky, even though of course they aren’t: Treasury bonds and reserves at the Fed are extremely safe.\nWhen the Covid-19 crisis hit last year, regulators waived the rule, temporarily excluding banks’ holdings of Treasury bonds and reserves from the supplementary leverage ratio calculation. But the waiver ended on March 31 of this year, so banks once again have an incentive not to take in a lot of funds (such as deposits) to acquire a lot of assets (such as Treasuries and reserves). A related rule that’s getting the biggest banks to push away deposits is the capital surcharge for global systemically important banks.\nThe Fed itself is increasing the pressure on the system by continuing to buy $120 billion a month of Treasuries and mortgage-backed securities to push down long-term interest rates. The money the Fed pays out, instead of going into bank deposits, is winding up in money market mutual funds, and then circulating into the Fed’s deposit facility, which consists of overnight reverse repurchase agreements.\nOne problem with this situation is that the Fed is taking over what used to be a mostly private function. If money market funds get used to keeping a lot of their money at the Fed instead of investing in, say, the commercial paper of private companies, they may switch even more money to the Fed in some future crisis, depriving the private sector of needed funds. This isn’t just a theoretical concern—companies lost access to funding in the global financial crisis of 2007-09.\nThe Bank Policy Institute quotes from a 2015 Fed staffworking paper:\n“Most importantly, a permanently expanded role for the Federal Reserve in short-term funding markets could reshape the financial industry in ways that may be difficult to anticipate and that may prove to be undesirable. For example, a permanent or long-lasting facility that causes very significant crowding out of short-term financing could lead to atrophying of the private infrastructure that supports these markets. Partially in response to some of these concerns, the FOMC has made clear that an ON RRP facility is not intended to be permanent.”\nExcept now the overnight reverse repurchase facility seemingly is permanent, or at least long-lasting—and large.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135335686,"gmtCreate":1622130215545,"gmtModify":1634183560960,"author":{"id":"3582746115408690","authorId":"3582746115408690","name":"Xiao8","avatar":"https://static.tigerbbs.com/22d090e5d2108456962627f7ef25270b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582746115408690","authorIdStr":"3582746115408690"},"themes":[],"htmlText":"Yes is great","listText":"Yes is great","text":"Yes is great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135335686","repostId":"1145940037","repostType":4,"repost":{"id":"1145940037","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622128786,"share":"https://www.laohu8.com/m/news/1145940037?lang=&edition=full","pubTime":"2021-05-27 23:19","market":"us","language":"en","title":"AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1145940037","media":"Tiger Newspress","summary":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s","content":"<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021</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\">\nAMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 23:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;AMC&nbsp;shares&nbsp;once&nbsp;rose&nbsp;20%，making the growth rate expanded to 1000%&nbsp;so far in 2021.</p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme&nbsp;stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145940037","content_text":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135336595,"gmtCreate":1622130133817,"gmtModify":1634183562380,"author":{"id":"3582746115408690","authorId":"3582746115408690","name":"Xiao8","avatar":"https://static.tigerbbs.com/22d090e5d2108456962627f7ef25270b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582746115408690","authorIdStr":"3582746115408690"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135336595","repostId":"2138517320","repostType":4,"repost":{"id":"2138517320","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1622129220,"share":"https://www.laohu8.com/m/news/2138517320?lang=&edition=full","pubTime":"2021-05-27 23:27","market":"us","language":"en","title":"Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2138517320","media":"Dow Jones","summary":"Don't invest like Andrew Dawood -- you may never be as lucky.The Egyptian-born resident of Dubai tur","content":"<p>Don't invest like Andrew Dawood -- you may never be as lucky.</p><p>The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin , Chinese electric-vehicle maker NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and videogame-retailer GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> over a four-year period, he told MarketWatch in an interview.</p><p>He can technically call himself a millionaire; but, he's risking it all to reach a goal of more than $3 million before 2025.</p><p>In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.</p><p>Dawood, who works as a flight attendant for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.</p><p>MarketWatch looked over trade statements that he shared to confirm his transactions.</p><p>\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.</p><p>Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.</p><p>\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.</p><p>It turned out to be an error that slashed about $70,000 from his account, at that time.</p><p>Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.</p><p>The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.</p><p>He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.</p><p>\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.</p><p>For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.</p><p>However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.</p><p>In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OG<a href=\"https://laohu8.com/S/00999\">I.T</a>), and Canadian cannabis company Aphria, which was bought by rival <a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>  in a deal announced earlier this year.</p><p>Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.</p><p>Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. <a href=\"https://laohu8.com/S/GME.AU\">$(GME.AU)$</a>, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.</p><p>\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.</p><p>Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.</p><p>Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.</p><p>National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"</p><p>\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.</p><p>The Dow Jones Industrial Average , the S&amp;P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.</p><p>A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.</p><p>Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.</p><p>See:Individual investors are back--here's what it means for the stock market</p><p>Dawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.</p><p>There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.</p><p>His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.</p><p>But he says he sold them at $33 because a paper profit isn't profit at all.</p><p>Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.</p><p>Does he have any regrets? \"Of course,\" he said. But he's living with it.</p><p>So what did Dawood do with the proceeds from GameStop?</p><p>He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.</p><p>Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.</p><p>By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.</p><p>Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubble</p><p>If his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.</p><p>Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.</p><p>His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:</p><p>He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.</p><p>\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.</p><p>\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.</p><p>Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> was too expensive for me,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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but, he's risking it all to reach a goal of more than $3 million before 2025.</p><p>In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.</p><p>Dawood, who works as a flight attendant for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.</p><p>MarketWatch looked over trade statements that he shared to confirm his transactions.</p><p>\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.</p><p>Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.</p><p>\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.</p><p>It turned out to be an error that slashed about $70,000 from his account, at that time.</p><p>Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.</p><p>The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.</p><p>He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.</p><p>\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.</p><p>For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.</p><p>However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.</p><p>In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OG<a href=\"https://laohu8.com/S/00999\">I.T</a>), and Canadian cannabis company Aphria, which was bought by rival <a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>  in a deal announced earlier this year.</p><p>Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.</p><p>Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. <a href=\"https://laohu8.com/S/GME.AU\">$(GME.AU)$</a>, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.</p><p>\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.</p><p>Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.</p><p>Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.</p><p>National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"</p><p>\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.</p><p>The Dow Jones Industrial Average , the S&amp;P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.</p><p>A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.</p><p>Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.</p><p>See:Individual investors are back--here's what it means for the stock market</p><p>Dawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.</p><p>There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.</p><p>His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.</p><p>But he says he sold them at $33 because a paper profit isn't profit at all.</p><p>Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.</p><p>Does he have any regrets? \"Of course,\" he said. But he's living with it.</p><p>So what did Dawood do with the proceeds from GameStop?</p><p>He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.</p><p>Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.</p><p>By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.</p><p>Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubble</p><p>If his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.</p><p>Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.</p><p>His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:</p><p>He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.</p><p>\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.</p><p>\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.</p><p>Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> was too expensive for me,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","TSLA":"特斯拉","NIO":"蔚来","TLRY":"Tilray Inc.","OGI":"ORGANIGRAM HOLD"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138517320","content_text":"Don't invest like Andrew Dawood -- you may never be as lucky.The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin , Chinese electric-vehicle maker NIO $(NIO)$, and videogame-retailer GameStop Corp. $(GME)$ over a four-year period, he told MarketWatch in an interview.He can technically call himself a millionaire; but, he's risking it all to reach a goal of more than $3 million before 2025.In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.Dawood, who works as a flight attendant for one of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.MarketWatch looked over trade statements that he shared to confirm his transactions.\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.It turned out to be an error that slashed about $70,000 from his account, at that time.Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OGI.T), and Canadian cannabis company Aphria, which was bought by rival Tilray Inc.  in a deal announced earlier this year.Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. $(GME.AU)$, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.The Dow Jones Industrial Average , the S&P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.See:Individual investors are back--here's what it means for the stock marketDawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.But he says he sold them at $33 because a paper profit isn't profit at all.Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.Does he have any regrets? \"Of course,\" he said. But he's living with it.So what did Dawood do with the proceeds from GameStop?He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubbleIf his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. $(TSLA)$ was too expensive for me,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139858221,"gmtCreate":1621608142363,"gmtModify":1634187672345,"author":{"id":"3582746115408690","authorId":"3582746115408690","name":"Xiao8","avatar":"https://static.tigerbbs.com/22d090e5d2108456962627f7ef25270b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582746115408690","authorIdStr":"3582746115408690"},"themes":[],"htmlText":"Superman&nbsp;","listText":"Superman&nbsp;","text":"Superman","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139858221","repostId":"2137901923","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139851703,"gmtCreate":1621608102102,"gmtModify":1634187672827,"author":{"id":"3582746115408690","authorId":"3582746115408690","name":"Xiao8","avatar":"https://static.tigerbbs.com/22d090e5d2108456962627f7ef25270b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582746115408690","authorIdStr":"3582746115408690"},"themes":[],"htmlText":"Super nice&nbsp;","listText":"Super nice&nbsp;","text":"Super nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/139851703","repostId":"1176908582","repostType":4,"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}