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GME's chairman added position: Money speaks more than words?
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Said on Twitter 'I put my money where my mouth is.', Ryan Cohen the Chairman of GameStop added his GME position. According to the 13D filing, Ryan Cohen's RC Ventures bought 100,000 shares of GameStop shares on Mar 22. The stock price surged 30.72% on Tuesday and 11% today pre-market. The WSB Concepts also went up collectively.
Generally speaking, executives have more information on his/her own company, and money speaks more than words. In that case, some investors follow the buying or selling moves of Chairmans. However, executives' trading does not necessarily affect stock prices. Bezos sold roughly $684 million worth of Amazon shares in May 2021, and the stock surged 13% in less than 3 months.
Should investors follow executives' buying or selling? Are WSB stocks worth watching from now?
Generally speaking, executives have more information on his/her own company, and money speaks more than words. In that case, some investors follow the buying or selling moves of Chairmans. However, executives' trading does not necessarily affect stock prices. Bezos sold roughly $684 million worth of Amazon shares in May 2021, and the stock surged 13% in less than 3 months.
Should investors follow executives' buying or selling? Are WSB stocks worth watching from now?
Said on Twitter 'I put my money where my mouth is.', Ryan Cohen the Chairman of GameStop added his GME position. According to the 13D filing, Ryan Cohen's RC Ventures bought 100,000 shares of GameStop shares on Mar 22. The stock price surged 30.72% on Tuesday and 11% today pre-market. The WSB Concepts also went up collectively.
Generally speaking, executives have more information on his/her own company, and money speaks more than words. In that case, some investors follow the buying or selling moves of Chairmans. However, executives' trading does not necessarily affect stock prices. Bezos sold roughly $684 million worth of Amazon shares in May 2021, and the stock surged 13% in less than 3 months.
Should investors follow executives' buying or selling? Are WSB stocks worth watching from now?
Generally speaking, executives have more information on his/her own company, and money speaks more than words. In that case, some investors follow the buying or selling moves of Chairmans. However, executives' trading does not necessarily affect stock prices. Bezos sold roughly $684 million worth of Amazon shares in May 2021, and the stock surged 13% in less than 3 months.
Should investors follow executives' buying or selling? Are WSB stocks worth watching from now?
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I am still BEARISH, $Invesco QQQ Trust(QQQ.US$ here is why. Today had to go up, the put to call ratio was overly tilted towards puts.
Below is the days option stats for QQQ, (someone asked if I could show this) the red underlined are considered bearish the green are bullish. There are technical reasons but I'll explain it like this- those low delta (0-40) will generally expire worthless, so think of them as pushing the price away (everytime someone buys a OTM option it has a negative effect on...
Below is the days option stats for QQQ, (someone asked if I could show this) the red underlined are considered bearish the green are bullish. There are technical reasons but I'll explain it like this- those low delta (0-40) will generally expire worthless, so think of them as pushing the price away (everytime someone buys a OTM option it has a negative effect on...
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There you go again
$AMC Entertainment(AMC.US$ soared on Tuesday as investors piled back into "meme stocks."
$AMC Entertainment(AMC.US$ shares gained approximately 16.5% to $18.48 shortly before the close of trading on Tuesday.
Other so-called meme stocks also rose sharply on Tuesday, including $GameStop(GME.US$ , $Express(EXPR.US$ and $Koss Corp(KOSS.US$ , all which gained at least 8% or more.
$AMC Entertainment(AMC.US$ shares gained approximately 16.5% to $18.48 shortly before the close of trading on Tuesday.
Other so-called meme stocks also rose sharply on Tuesday, including $GameStop(GME.US$ , $Express(EXPR.US$ and $Koss Corp(KOSS.US$ , all which gained at least 8% or more.
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He says we can do better lol…well I think he can beg better!$AMC Entertainment(AMC.US$ $GameStop(GME.US$
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🚨NICKEL HALTED AGAIN🚨
LME again stops Nickel trading (if there are no consequences what is the point of an exchange?). Nickel loses 15% and is halted as no one is allowed to buy, thus relieving the chinese holder on the short side... Essentially they pulled a GME on a world metals exchange... Except this is billionaires robbing billionaires and that always works downhill and ends poorly for everyone.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.marketwatch.com/amp/story/nickel...
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.marketwatch.com/amp/story/nickel...
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GameStop stock jumps 31% after Ryan Cohen picks up 1 lakh shares
$GameStop(GME.US$ chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce.
Cohen purchased these shares through his investment company RC Ventures at a cost as low as $96.81 and as high as $108.82 apiece, according to a regulatory filing. Now he owns a total of 9,101,000 $GameStop(GME.US$ share...
Cohen purchased these shares through his investment company RC Ventures at a cost as low as $96.81 and as high as $108.82 apiece, according to a regulatory filing. Now he owns a total of 9,101,000 $GameStop(GME.US$ share...
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$AMC Entertainment(AMC.US$ There’s a storm coming, Mr Griffin. You’re going to wonder how you thought you could live so large and leave so little for the rest of us. $GameStop(GME.US$
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$GameStop(GME.US$ -GameStop Chairman Ryan Cohen snapped up 100,000 more shares in the meme stock, according to a regulatory filing late Tuesday, taking his holding up to 11.9%.
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Should Investors Follows WSB?
It depends.
Usually, following majority should be more safer... especially someone with power &
.
You can just be a short term investor on their stocks if u don't trust them
.
Sometime riding the waves may not be so bad
. But must know when to alight
.
Having that said, I won't blindly follows them. I will read
the company financial report first.
If whatever shit WSB say out of their mouth
that does not match the report, it just does not make any sense...
Is W...
Usually, following majority should be more safer... especially someone with power &
.You can just be a short term investor on their stocks if u don't trust them
.Sometime riding the waves may not be so bad
. But must know when to alight.Having that said, I won't blindly follows them. I will read
the company financial report first.If whatever shit WSB say out of their mouth
that does not match the report, it just does not make any sense...Is W...
2
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. That's what I heard from the news
.
Silverback AMC Ape Here
I read your challenge for Apes to post paper trade results. Although I'm Diamond handing since the original GME squeeze my paper results are in.
Rank 22 defeating 99%
Now go all in on AMC ENT
Rank 22 defeating 99%
Now go all in on AMC ENT
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