Good Friday is next week and the markets will be closed as usual. What will be unusual, however, is that the shutdown of financial exchanges in the US and some other parts …
Read More »Most of GameStop’s board to retire
Eight members of GameStop’s board of directors will leave the company after the games retailer’s annual meeting in June, according to a new filing. Because it is important: The “significant changes” will …
Read More »How will Bitcoin disrupt stocks?
If you’ve been following possible bitcoin price targets, you know that many analysts expect bitcoin to consume or eat chunks of gold, money supply (M2), global debt denominated in fiat currency, stocks …
Read More »GameStop shares rise for 5th day with other ‘meme shares’
Shares in GameStop soared to their highest level in more than a month on Tuesday as the video game retailer’s shift toward e-commerce added more fuel to Reddit’s favorite “meme stock.” Shares …
Read More »GameStop ‘Share-Plunge’ traders serve a valuable role
It feels wrong to wait for a company to close and its stock to go down to zero, which is why short sellers (traders who make money when stocks stagnate) are treated …
Read More »AMC Entertainment (AMC) Expected To Beat Earnings Estimates: What You Need To Know Before Fourth Quarter Launch – Feb 18, 2021
AMC Entertainment (AMC Quick QuoteAMC – Free Report) is expected to show a year-over-year decline in earnings over the lowest earnings when reporting results for the quarter ending December 2020. This widely …
Read More »YouTube Reddit User ‘Roaring Kitty’ Sued for Securities Fraud by GameStop Short Squeeze
Photo: Michael M. Santiago (fake images) Keith Gill, also known as “Roaring Kitty” on Twitter / YouTube and “DeepFuckingValue” on Reddit, is facing a class action lawsuit proposed for his role in …
Read More »Robinhood and Reddit CEOs to Testify at GameStop Federal Hearing
Photo: Olivier Douliery (fake images) The House Financial Services Committee will hold a virtual hearing on Feb. 18 as part of his research on the coordinated effort by the Reddit stock trading …
Read More »Even the Justice Department is looking into the GameStop Stock fiasco
Photo: Michael M. Santiago (fake images) As the dust begins to settle around GameStop’s meme stock phenomenon, the investigations into the hedge funds, trading platforms, and Reddit community that powered it are …
Read More »Is the stock market open on President’s Day? Here are the business hours
America’s financial markets will pause Monday in commemoration of Presidents’ Day, which, technically, is not the name of the holiday. The New York Stock Exchange and the Nasdaq will close on February …
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