Weekly Buzz: Why is Elon Musk so obsessed with Twitter?
Spoiler:
At the end of this post, there is a chance for you to win points!
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ Buzzing Stocks List & Mooers Comments
Three major indices moved downward, Russell 2000 Index decreased 0.20% last week. Here is the weekly buzzing stock list of last week:
Three major indices moved downward, Russell 2000 Index decreased 0.20% last week. Here is the weekly buzzing stock list of last week:
1. VERU - Buzzing Stars: ⭐⭐⭐⭐⭐
The company announced that its oral drug reduced the relative risk of death by 55% in patients hospitalized with moderate to severe Covid-19. The Independent Data Monitoring Committee (IDMC) recommended the early termination of the clinical trial due to better data. VERU's stock increased 243.68% to $14.950 for the week.
● Mooers comment
@70924419 :
$Veru Inc(VERU.US$ BUY BUY AND HOLD HOLD
I have to go for health reasons.
but I still say buy because new drug waiting for fda approval to buy but do what u want to but good bye and good luck with everything ...
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● Mooers comment
@70924419 :
$Veru Inc(VERU.US$ BUY BUY AND HOLD HOLD
I have to go for health reasons.
but I still say buy because new drug waiting for fda approval to buy but do what u want to but good bye and good luck with everything ...
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2. TSLA - Buzzing Stars: ⭐⭐⭐⭐
Tesla dropped on concern Twitter would divide Musk's attention. Besides, Tesla's Shanghai plant has been shut down for nearly three weeks due to the outbreak. Its share price fell by 3.95% and closed at $985.000.
● Mooers comment
@TeslaSmurf :
$Tesla(TSLA.US$ Lots of haters criticizing Musk for his vision: robotaxis, androids, Ai, rockets, Starlink, Boring tunnels… etc. The power of imagination, the skills and the determination to achieve those visions is what made him the richest man on earth
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● Mooers comment
@TeslaSmurf :
$Tesla(TSLA.US$ Lots of haters criticizing Musk for his vision: robotaxis, androids, Ai, rockets, Starlink, Boring tunnels… etc. The power of imagination, the skills and the determination to achieve those visions is what made him the richest man on earth
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3. AMC - Buzzing Stars:⭐⭐⭐⭐
AMC CEO Adam Aron announced last Friday via Twitter that the company's app can use Dogecoin and Shiba Inu to purchase tickets and concessions. However, this feature is currently only available in the US. Last Friday, its stock price closed at $18.020, with a weekly decline of 1.21%.
● Mooers comment
@Yassien :
$AMC Entertainment(AMC.US$ an alternative look at what may happen (short-term--if no MOASS before then)that doesn't look very stabby to me (it may though be shaped by SPY this is plausible pennant and cup consolidations are volatile (up/down) and sucky as a use of time each day as it comes until judgement day.
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● Mooers comment
@Yassien :
$AMC Entertainment(AMC.US$ an alternative look at what may happen (short-term--if no MOASS before then)that doesn't look very stabby to me (it may though be shaped by SPY this is plausible pennant and cup consolidations are volatile (up/down) and sucky as a use of time each day as it comes until judgement day.
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4. TWTR - Buzzing Stars: ⭐⭐⭐⭐
Last Thursday, Tesla CEO Musk offered to buy Twitter for $54.20 per share in cash, valuing the company at $43 billion. Twitter adopted a "poison pill" strategy to defend against a hostile takeover. The share price of TETR closed at $45.080, with a weekly drop of 2.49%.
● Mooers comment
@101794137 :
$Twitter (Delisted)(TWTR.US$ think about it. if Twitter rejects. Elon will continue a hostile takeover by accumulating shares (voting rights at 50.1%). Twitter will be trying to stop Elon from buying up shares. what’s the only way to stop him from doing so?
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● Mooers comment
@101794137 :
$Twitter (Delisted)(TWTR.US$ think about it. if Twitter rejects. Elon will continue a hostile takeover by accumulating shares (voting rights at 50.1%). Twitter will be trying to stop Elon from buying up shares. what’s the only way to stop him from doing so?
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5. AAPL - Buzzing Stars:⭐⭐⭐
Despite concerns about geopolitical risk and declining consumer spending, CitiBank analyst Jim Suva maintained a "Buy" rating on Apple. However, the shares of AAPL declined 2.82% last week and finally closed at $165.290.
● Mooers comment
@MACKGforEver :
Hard to call $Apple(AAPL.US$ dervalued or overvalued, it is just what it is. An indestructible moat, that now prints $100B in net income/year with shareholder value always top in mind through dividends and about $100B in buybacks a year.
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● Mooers comment
@MACKGforEver :
Hard to call $Apple(AAPL.US$ dervalued or overvalued, it is just what it is. An indestructible moat, that now prints $100B in net income/year with shareholder value always top in mind through dividends and about $100B in buybacks a year.
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6. MULN - Buzzing Stars:⭐⭐⭐
Given the strong negative report on MULN previously issued by Hindenburg Research, the share price has continued to underperform last week, which has led to continued pressure on MULN. Its share price closed at $2.160, with a weekly decrease of 13.94%.
● Mooers comment
@SpyderCall : Watch for possible downside in the near term
$Mullen Automotive(MULN.US$
if you are bullish you might be able to get some shares for cheaper soon. If you are bearish then take some money off the table.
● Mooers comment
@SpyderCall : Watch for possible downside in the near term
$Mullen Automotive(MULN.US$
if you are bullish you might be able to get some shares for cheaper soon. If you are bearish then take some money off the table.
7. NVDA - Buzzing Stars:⭐⭐⭐
Baird analyst Tristan Gerra took a big shot at Nvidia last Monday, downgrading the rating to Neutral from Hold and lowering his price target on the stock to $225 from $360. The price of NVDA closed at $212.580, with a weekly fall of 8.05%.
● Mooers comment
@Waann Capital : 晶片股再殺向下，等待最寂寞
繼前天發布的 $NVIDIA(NVDA.US$ 需要守住關鍵210，昨晚剛好守住，市場共識還是先守住再説。若大盤繼續向下，那就要試一下下一個低位了。晶片股昨晚表現也是拉低了大盤不少，孳息率再上升對於成長力度高的NVDA最近都沒運行。
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● Mooers comment
@Waann Capital : 晶片股再殺向下，等待最寂寞
繼前天發布的 $NVIDIA(NVDA.US$ 需要守住關鍵210，昨晚剛好守住，市場共識還是先守住再説。若大盤繼續向下，那就要試一下下一個低位了。晶片股昨晚表現也是拉低了大盤不少，孳息率再上升對於成長力度高的NVDA最近都沒運行。
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8. ATER - Buzzing Stars:⭐⭐⭐
Aterian Inc is a technology-enabled consumer products company. The massive runup in ATER stock appears to result from a short squeeze fueled by heightened interest on social media. Its stock went up 18.42% to $5.530over the past week.
● Mooers comment
@pafiak :
$Aterian(ATER.US$ $100 squeezes are a thing of the past. Hedge funds and brokerages now use off market dark pool trades to satisfy orders. They can legally do this because retail doesn’t hold a position for very long.
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● Mooers comment
@pafiak :
$Aterian(ATER.US$ $100 squeezes are a thing of the past. Hedge funds and brokerages now use off market dark pool trades to satisfy orders. They can legally do this because retail doesn’t hold a position for very long.
Read more >>
9. NIO - Buzzing Stars:⭐⭐⭐
Chinese electric-vehicle maker NIO was ramping production of its electric vehicles after a short pause due to China's supply-chain issues caused by Covid lockdowns. The price of NIO plummeted 1.75% to $19.650 for the week.
● Mooers comment
@Mad Rabbit : NIO News
You guys should be loading up on NIO. NIO is at a crazy discounted rate at the moment. once China get over their Covid this will explode. NIO is performing just like Tesla did in its early stages.
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● Mooers comment
@Mad Rabbit : NIO News
You guys should be loading up on NIO. NIO is at a crazy discounted rate at the moment. once China get over their Covid this will explode. NIO is performing just like Tesla did in its early stages.
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10. AMD - Buzzing Stars: ⭐⭐
10-year Treasuries continue to rise, and rapidly growing long-term interest rates tend to hurt high multiple growth stocks, so AMD's stock price also suffered. The share price of AMD closed at $93.060 with a weekly decline of 7.86%.
● Mooers comment
@Bertramie :
$Advanced Micro Devices(AMD.US$ shares now sit below every sell-side analyst's price target. Yet as is the case with basically all semiconductor stocks, AMD will be at the mercy of macroeconomic events, as well as a potential softening cycle as the world transitions to the next iteration of the COVID-19 pandemic.
● Mooers comment
@Bertramie :
$Advanced Micro Devices(AMD.US$ shares now sit below every sell-side analyst's price target. Yet as is the case with basically all semiconductor stocks, AMD will be at the mercy of macroeconomic events, as well as a potential softening cycle as the world transitions to the next iteration of the COVID-19 pandemic.
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@HopeAlways @Syuee @Milk The Cow @Rising Star Sunny @Rising Star Sunny @HuatEver @HuatLady @KT88 @Double Rainbow @Southern Eagle @ZenTime @PeaceLoving @YL tan @101767718
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Part Ⅲ: Weekly Topic
Time to be rewarded for your great insights and knowledge!
Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on:
"Why is Elon Musk so obsessed with Twitter? "
"Why is Elon Musk so obsessed with Twitter? "
We will select 15 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Top Comment Technique:
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge
Previous of Weekly Buzz
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Weekly Buzz: The 'Best performing' month is coming？
Weekly Buzz: 'Meme Stock' Rally Redux? GME and AMC soared again
Weekly Buzz: Who is the best bet for your money?
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Weekly Buzz: 'Meme Stock' Rally Redux? GME and AMC soared again
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HopeAlways :
HopeAlways : If Elon Musk were to take over $Twitter (Delisted) (TWTR.US)$, he could enhance what its premium subscription service, Twitter Blue should be. He could make $Twitter (Delisted) (TWTR.US)$ ad-free, not just provide access to third-party articles without ads. Musk also proposed that the subscription should eventually come with the blue verified user checkmate, or at least a slightly different authentication badge. Musk was right to point out how Twitter Blue has a lot of room to grow in its second year. Though Musk may not be a good fit in the $Twitter (Delisted) (TWTR.US)$ boardroom, he is not wrong that Twitter Blue is far from what it needs to be in order to be a premium offering for its users. No one knows where the flirtation between Musk and $Twitter (Delisted) (TWTR.US)$ will end. Not even Musk himself. But there is no denying that Twitter Blue could be so much more than what it has become in its first year of open availability.
dustinlint : they Have to sell to musk... the board has no shares themselves.. huge lawsuit on their hands if they reject. easily not having their shareholders best interests In mind... they don't have any shares because they all know there is NO INTRINSIC VALUE.... Twitter is dying. without musk Twitter will be the new Facebook.... set stop losses on your shares... if the sale goes belly up. . share price drops 30% a few days... imo
Syuee : Twitter is not just a mere social media app. It is one of the most powerful political tools in existence.
Whoever dominates Twitter, dominates public opinion.
In a world where a few tech companies control the internet, Musk is against them virtually abolishing free speech.
He is not making a legal argument against Twitter, but a philosophical one where he desires to live in a world, where people can freely express their opinion without the fear of Silicon Valley shadow banning them or shadow suppressing their opinions for wrongthink…
On one hand, I think it’s a diversion from his stated goals on the environment and space. On the other hand, Twitter is his default advertising agency.
If Musk prevails then he will likely improve staff, open-source the algorithms, remove politically biased algorithms, and reinstate unjustly banned accounts.
Any rational person interested in free open online forums should welcome his stewardship.
I am on board, Captain Musk. To the MOON !!
HopeAlways Syuee: Hostile takeover artist or Elvis fan? Elon Musk keeps the world guessing by using his Twitter feed to hint at a strategy for acquiring the social media company. If Twitter directors ultimately reject him, the world could learn whether Musk was truly threatening a direct appeal to shareholders or had just added the 1956 Elvis Presley Hit "Love me Tender" to his playlist.
Syuee HopeAlways: Having more people on Twitter Blue would greatly reduce the it’s dependence on advertising and make more Verified accounts, providing greater security and trust as well.
All of which are positive changes.
Revelation 6 : The main reason that Musk wants to own Twitter is so he can crush the left’s heavy handed censorship practices on the application and open it up to more free speech. Currently Twitter is a cesspool of radical left wing idealists that promote misinformation on a number of subjects while banning people who try to correct the misinformation. Musk is hoping to restore Twitter to a town square, free speech, 1st amendment promoting platform. Of course I’m sure he’s planning on making money hand over fist at the same time. He’s always in it for the money, that goes without saying.
Revelation 6 HopeAlways: Hey, I like “Love Me Tender”. Lol
Revelation 6 dustinlint: That board has put themselves in a position for a good, healthy, old fashioned, screwing. All done by themselves, for themselves. Everyone of them should have an “L” tattooed on their forehead. Seriously.
101767718 HopeAlways: It's gonna be exciting to see what changes Musk would bring to Twitter. It could be empowering and revolutionary for the users!
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