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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Weather Man" data-source="post: 16568384" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Reddit/WSB names resume rally premarket</strong></span></p><p>Jan. 29, 2021 4:43 AM ET<a href="https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AAAL" target="_blank">American Airlines Group Inc. (AAL)</a><a href="https://seekingalpha.com/author/sa-editor-yoel-minkoff?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name" target="_blank">By: Yoel Minkoff</a>, SA News Editor<a href="https://seekingalpha.com/news/3656026-do-retail-traders-need-protection-redditwsb-names-resume-rally#comments" target="_blank">163 Comments</a></p><ul> <li data-xf-list-type="ul">The retail trading world is outraged at the trading limits imposed by Robinhood (<a href="https://seekingalpha.com/symbol/RBNHD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">RBNHD</a>) and other brokerages yesterday and questions are circling about the protections that should be in place for investors. While Robinhood <a href="https://seekingalpha.com/news/3656023-robinhood-raises-1b-draw-on-bank-credit-lines-to-reopen-halted-trades?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">cited</a> clearing house requirements as reasons for the stoppage, it also said "these requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously."</li> <li data-xf-list-type="ul">Robinhood restricted trading in thirteen equities amid a wild week of retail trading stemming from the WSB Reddit forum, but those plays are soaring again in premarket trade: <a href="https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">AAL</a> +8%, <a href="https://seekingalpha.com/symbol/AMC?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">AMC</a> +57%, <a href="https://seekingalpha.com/symbol/BB?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">BB</a> +17%, <a href="https://seekingalpha.com/symbol/BBBY?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">BBBY</a> +15%, <a href="https://seekingalpha.com/symbol/CTRM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">CTRM</a> +24%, <a href="https://seekingalpha.com/symbol/EXPR?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">EXPR</a> +43%, <a href="https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">GME</a> +104%, <a href="https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">KOSS</a> +102%, <a href="https://seekingalpha.com/symbol/NAKD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">NAKD</a> +41%, <a href="https://seekingalpha.com/symbol/NOK?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">NOK</a> +4%, <a href="https://seekingalpha.com/symbol/SNDL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">SNDL</a> +12%, <a href="https://seekingalpha.com/symbol/TR?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">TR</a> +0.2%, <a href="https://seekingalpha.com/symbol/TRVG?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">TRVG</a> +12%.</li> <li data-xf-list-type="ul">Investors and policymakers alike lambasted the trading limits, including Dave Portnoy, Alexandria Ocasio-Cortez and Ted Cruz, accusing the trading platform of seeking to protect Wall Street's interests at the expense of smaller investors. "We need an SEC that has clear rules about market manipulation and then has the backbone to get in and enforce those rules," <a href="https://www.cnbc.com/2021/01/28/elizabeth-warren-gamestop-robinhood-market-manipulation.html?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">added</a> Sen. Elizabeth Warren, a longtime critic of Wall Street. "You’ve got to have a cop on the beat."</li> <li data-xf-list-type="ul">How should market manipulation be defined? We're also talking about public markets here, where every share is only worth as much as people are prepared to pay for it - regardless of the fundamentals of the company. Regulators can't pick and choose which market participants are able to play in the market or the value of healthy share prices (or can they?). The pros are also going to have to get a whole lot smarter on how they take bets against companies if an army of day traders can be rallied within hours to make that bet go wrong.</li> <li data-xf-list-type="ul">Thought bubble: Should a hedge fund be able to get 10x leverage and short 140% of a company in a healthy market? Should mob and herd mentality of rolling into stocks be curbed? Regulators may want to step in on both sides, but government bodies may also be fueling the bubble. Easy money policies from the Fed have also driven consumer out of savings accounts and CDs, encouraging more riskier behavior and flows into related products.</li> <li data-xf-list-type="ul">Robinhood reportedly raised $1B from investors and drew as much as $600M from bank credit lines yesterday as it moves to <a href="https://seekingalpha.com/news/3656023-robinhood-raises-1b-draw-on-bank-credit-lines-to-reopen-halted-trades?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">open up trading in the squeeze names again</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16568384, member: 137766"] [size=6][b]Reddit/WSB names resume rally premarket[/b][/size] Jan. 29, 2021 4:43 AM ET[URL='https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AAAL']American Airlines Group Inc. (AAL)[/URL][URL='https://seekingalpha.com/author/sa-editor-yoel-minkoff?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name']By: Yoel Minkoff[/URL], SA News Editor[URL='https://seekingalpha.com/news/3656026-do-retail-traders-need-protection-redditwsb-names-resume-rally#comments']163 Comments[/URL] [LIST] [*]The retail trading world is outraged at the trading limits imposed by Robinhood ([URL='https://seekingalpha.com/symbol/RBNHD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']RBNHD[/URL]) and other brokerages yesterday and questions are circling about the protections that should be in place for investors. While Robinhood [URL='https://seekingalpha.com/news/3656023-robinhood-raises-1b-draw-on-bank-credit-lines-to-reopen-halted-trades?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']cited[/URL] clearing house requirements as reasons for the stoppage, it also said "these requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously." [*]Robinhood restricted trading in thirteen equities amid a wild week of retail trading stemming from the WSB Reddit forum, but those plays are soaring again in premarket trade: [URL='https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']AAL[/URL] +8%, [URL='https://seekingalpha.com/symbol/AMC?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']AMC[/URL] +57%, [URL='https://seekingalpha.com/symbol/BB?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']BB[/URL] +17%, [URL='https://seekingalpha.com/symbol/BBBY?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']BBBY[/URL] +15%, [URL='https://seekingalpha.com/symbol/CTRM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']CTRM[/URL] +24%, [URL='https://seekingalpha.com/symbol/EXPR?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']EXPR[/URL] +43%, [URL='https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']GME[/URL] +104%, [URL='https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']KOSS[/URL] +102%, [URL='https://seekingalpha.com/symbol/NAKD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']NAKD[/URL] +41%, [URL='https://seekingalpha.com/symbol/NOK?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']NOK[/URL] +4%, [URL='https://seekingalpha.com/symbol/SNDL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']SNDL[/URL] +12%, [URL='https://seekingalpha.com/symbol/TR?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']TR[/URL] +0.2%, [URL='https://seekingalpha.com/symbol/TRVG?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']TRVG[/URL] +12%. [*]Investors and policymakers alike lambasted the trading limits, including Dave Portnoy, Alexandria Ocasio-Cortez and Ted Cruz, accusing the trading platform of seeking to protect Wall Street's interests at the expense of smaller investors. "We need an SEC that has clear rules about market manipulation and then has the backbone to get in and enforce those rules," [URL='https://www.cnbc.com/2021/01/28/elizabeth-warren-gamestop-robinhood-market-manipulation.html?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']added[/URL] Sen. Elizabeth Warren, a longtime critic of Wall Street. "You’ve got to have a cop on the beat." [*]How should market manipulation be defined? We're also talking about public markets here, where every share is only worth as much as people are prepared to pay for it - regardless of the fundamentals of the company. Regulators can't pick and choose which market participants are able to play in the market or the value of healthy share prices (or can they?). The pros are also going to have to get a whole lot smarter on how they take bets against companies if an army of day traders can be rallied within hours to make that bet go wrong. [*]Thought bubble: Should a hedge fund be able to get 10x leverage and short 140% of a company in a healthy market? Should mob and herd mentality of rolling into stocks be curbed? Regulators may want to step in on both sides, but government bodies may also be fueling the bubble. Easy money policies from the Fed have also driven consumer out of savings accounts and CDs, encouraging more riskier behavior and flows into related products. [*]Robinhood reportedly raised $1B from investors and drew as much as $600M from bank credit lines yesterday as it moves to [URL='https://seekingalpha.com/news/3656023-robinhood-raises-1b-draw-on-bank-credit-lines-to-reopen-halted-trades?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']open up trading in the squeeze names again[/URL]. [/LIST] [/QUOTE]
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