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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: 16590306" data-attributes="member: 137766"><p>Shorties and the anti-shorties duking it out again. AMC probably just covid trading.</p><p></p><p></p><p><a href="https://seekingalpha.com/news/3671130-koss-stock-surging-premarket-gamestop-amc-also-jumping" target="_blank">Koss stock surging 50% premarket; GameStop, AMC also jumping</a></p><ul> <li data-xf-list-type="ul">Koss (NASDAQ:<a href="https://seekingalpha.com/symbol/KOSS" target="_blank">KOSS</a>) is surging in volatile trading premarket, indicating another Reddit name squeeze may be on the cards after recent runs in GameStop (NYSE:<a href="https://seekingalpha.com/symbol/GME" target="_blank">GME</a>) and AMC (NYSE:<a href="https://seekingalpha.com/symbol/AMC" target="_blank">AMC</a>).</li> <li data-xf-list-type="ul">Koss was up as much at 70% before the bell and is now up 50%.</li> <li data-xf-list-type="ul">GameStop is up 15% premarket. It is up more than 400% since the first squeeze shakeout where shares settled down around $45.</li> <li data-xf-list-type="ul">AMC, up 10%, is looking to make it <a href="https://seekingalpha.com/news/3670782-amc-making-second-straight-double-digit-jump-ahead-of-earnings" target="_blank">three-straight double-digit gains</a> ahead of its <a href="https://seekingalpha.com/news/3670849-amc-entertainment-q4-2020-earnings-preview" target="_blank">earnings report after the bell today</a>.</li> <li data-xf-list-type="ul">GameStop and AMC have fundamental reasons behind the latest moves as well.</li> <li data-xf-list-type="ul">GameStop bulls are enthused by Chewy.com founder Ryan Cohen's closer involvement with the <a href="https://seekingalpha.com/news/3670378-gamestop-soars-with-strategy-changes-afoot" target="_blank">company's shift to e-commerce</a>.</li> <li data-xf-list-type="ul">And Los Angeles movie theaters could be <a href="https://seekingalpha.com/news/3670883-la-movie-theaters-could-reopen-next-week-under-governors-new-classification" target="_blank">open within a week</a>.</li> <li data-xf-list-type="ul">The sharp spike in Koss, though, brings back echoes of the squeeze moves. Short interest in Koss is still around 25%. It could also be a gamma squeeze, where big buying of short-date, out-of-the-money call options drive prices quickly up.</li> <li data-xf-list-type="ul">Retail trading volumes are <a href="https://seekingalpha.com/news/3670747-retail-trading-volume-rivals-hedge-funds-and-mutual-funds-combined" target="_blank">close to matching the volumes of hedge funds and mutual funds combined</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16590306, member: 137766"] Shorties and the anti-shorties duking it out again. AMC probably just covid trading. [URL='https://seekingalpha.com/news/3671130-koss-stock-surging-premarket-gamestop-amc-also-jumping']Koss stock surging 50% premarket; GameStop, AMC also jumping[/URL] [LIST] [*]Koss (NASDAQ:[URL='https://seekingalpha.com/symbol/KOSS']KOSS[/URL]) is surging in volatile trading premarket, indicating another Reddit name squeeze may be on the cards after recent runs in GameStop (NYSE:[URL='https://seekingalpha.com/symbol/GME']GME[/URL]) and AMC (NYSE:[URL='https://seekingalpha.com/symbol/AMC']AMC[/URL]). [*]Koss was up as much at 70% before the bell and is now up 50%. [*]GameStop is up 15% premarket. It is up more than 400% since the first squeeze shakeout where shares settled down around $45. [*]AMC, up 10%, is looking to make it [URL='https://seekingalpha.com/news/3670782-amc-making-second-straight-double-digit-jump-ahead-of-earnings']three-straight double-digit gains[/URL] ahead of its [URL='https://seekingalpha.com/news/3670849-amc-entertainment-q4-2020-earnings-preview']earnings report after the bell today[/URL]. [*]GameStop and AMC have fundamental reasons behind the latest moves as well. [*]GameStop bulls are enthused by Chewy.com founder Ryan Cohen's closer involvement with the [URL='https://seekingalpha.com/news/3670378-gamestop-soars-with-strategy-changes-afoot']company's shift to e-commerce[/URL]. [*]And Los Angeles movie theaters could be [URL='https://seekingalpha.com/news/3670883-la-movie-theaters-could-reopen-next-week-under-governors-new-classification']open within a week[/URL]. [*]The sharp spike in Koss, though, brings back echoes of the squeeze moves. Short interest in Koss is still around 25%. It could also be a gamma squeeze, where big buying of short-date, out-of-the-money call options drive prices quickly up. [*]Retail trading volumes are [URL='https://seekingalpha.com/news/3670747-retail-trading-volume-rivals-hedge-funds-and-mutual-funds-combined']close to matching the volumes of hedge funds and mutual funds combined[/URL]. [/LIST] [/QUOTE]
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