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Weekly Buzz
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Popular on moomoo joined discussion · Feb 1, 2021 10:18

Weekly Buzz | Out of control, but interestingly so

Hello, mooers! Welcome back to our weekly series, the upgraded brand new Weekly Buzz（known as WeeklyTop5), where we review the news, performance and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week!(Nano caps are excluded.)

We’ve got another wild week ahead. Trading stocks, especially $WallStreetBets(BK2555.US)$ stocks, it's like playing roller coaster for traders and investors, even more exciting than the game.
Weekly Buzz | Out of control, but interestingly so
Let's take a quick review for the last week. $GameStop(GME.US)$, a video game retailer with weak sales, has become the central game piece in a financial power struggle between a major hedge fund, Melvin Capital, and a group of amateur stock traders on the internet.

Melvin Capital placed an insane number of leveraged short calls on GME, until the stock had a staggering 140% short ratio. In a popular subreddit called Wall Street Bets, independent traders saw an opportunity in the massive scale of the GME short calls. If they could convince enough of their fellow Redditors to buy GME stock, a “short squeeze” could be triggered. After a campaign of meme posts rallying the troops (like this one), the WSB army sent the stock skyrocketing by 400%, and except that, they also buy others stocks which were short by hedge funds. WSB concept stocks were made up of that.
Weekly Buzz | Out of control, but interestingly so
On Friday, Citron Research said it would no longer publish short reports and instead will focus on long positions. Did they give in WallStreetBets? Please feel free to leave your comments!
Weekly Buzz | Out of control, but interestingly so
According to the data below, every stock in Weekly Buzz list last week had outstanding performances. Crazy week for us to diging money! Here is the moomoo Weekly Buzz for last week for your reference:
Weekly Buzz | Out of control, but interestingly so
GME
Search Vol.: ★★★★★
Message Vol.: ★★★★★

$GameStop(GME.US)$ was the hottest stock in U.S. market last week, which drove hedge funds crazy but brought traders risks and gains. After the battle between Melvin Capital and Wall Street Bets, GME soared 399.92%, closed @$325 last week. The short squeeze saga has taken over the world, and every reader looks forward to the end.
Weekly Buzz | Out of control, but interestingly so
AMC
Search Vol.: ★★★★★
Message Vol.: ★★★★★

$AMC Entertainment(AMC.US)$ also attracted a large number of traders' attention, up 277.78% last week and settled in the green. AMC Entertainment Holdings Inc. avoided bankruptcy with convertible debt offerings, and one debt investor converted into shares last week for an immediate score. Anyway, $AMC Entertainment(AMC.US)$ notched the best performing weeks ever.
Weekly Buzz | Out of control, but interestingly so
NOK
Search Vol.: ★★★★☆
Message Vol.: ★★★★☆

$Nokia Oyj(NOK.US)$ has been reeled into the current Wall Street war between hedge fund managers and the WallStreetBets and it is not even a highly shorted company. Shares of the Finnish telecom giant sank by 8.57% last week and the stock closed at a price of $4.56 to end a tumultuous week on Wall Street. No matter what will end for this short war,  Nokia actually has its own legs to stand on after the WallStreetBets rally ends.

$Nokia Oyj(NOK.US)$ will release its quarterly earnings report on Thursday, February 4, 2021, and host a conference call the same day at 8:00 AM EST to discuss Q4 2020 earnings results.

Our platform  @moo_Live  will broadcast the earnings conference call in sync for $NOK shareholders to get the latest information. 
Weekly Buzz | Out of control, but interestingly so
NAKD
Search Vol.: ★★★★★
Message Vol.: ★★★☆☆

$Naked Brand Group Ltd$ 's stock price increase has to do with the encouragement of buying up shares on social media. Naked Brand Group Ltd (NAKD) stock ascended 273.3% at $1.65 last week.‎  $Naked Brand Group Ltd$ were trading higher amid continued momentum driven by retail investor interest in the stock. That begs the question, how many shorts are left? Place your bets… 
Weekly Buzz | Out of control, but interestingly so
Mooers Comment:
@Juvi : This stock had 2 billion in volume...Click to read


BB
Search Vol.: ★★★★☆
Message Vol.: ★★★☆☆

$BlackBerry(BB.US)$ gained a little from this battle, just edging up 0.43% last week. It did surge a lot during last week, but lost much of their gains from the day before as the stock tumbled 41.64% to close the trading session at $14.65. Like Nokia, BlackBerry actually has legs to stand on even after all of this is over.
Weekly Buzz | Out of control, but interestingly so
Thanks for reading! What are your strategy this week on WSB stocks? Will you FOMO? Welcome to share your views and insights with us! Click to join

@moo_Live will sync three earnings calls this week, follow him and get the first-hand information!

Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.
1. AI monitor for traders to get real-time price movement among thousands of stocks in the market.

2. Screener used to filter stocks based on user-defined metrics.   
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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