Posts filtered by tags: Short-selling[x]


 

GameStop's Doing a Thing Again

GameStop, little diva that she is, is in the spotlight once more after shares of the company skyrocketed on Wednesday. Read more...
Tags: Science, Finance, Stock Market, Short, Robinhood, Gamestop, Financial Markets, Short Selling, GME, Short Squeeze, Business Finance, Subreddits, Keith Gill, Rwallstreetbets


Barclay's Analysts Bet Tesla Stock Is Being Propped Up By r/WallStreetBets

Tesla might be the beneficiary of the GameStonks effect, at least according to analysts for the British bank and investment firm Barclay’s.Read more...
Tags: Science, Cars, Tesla, Stock Market, Robinhood, Share Trading, Gamestop, Financial Markets, Short Selling, Barclay, Business Finance, Keith Gill, In Video Gaming, Rwallstreetbets, Gamestop Short Squeeze, Internet Based Activism


I Waited Five Hours for AOC to Ask the Robinhood Guy a Question, and This Is What I Got

Those of us who sat through yesterday’s five-and-a-half-hour House Committee on Financial Services hearing on the GameStop short squeeze had maybe, foolishly, hoped against hope to see some cold hard accountability. We came to hear Robinhood’s CEO explain why, at the peak of the GameStop run, the trading app shut out…Read more...
Tags: Science, Finance, Stock Market, Robinhood, Gamestop, Steve Huffman, Vlad Tenev, Financial Markets, Aoc, Short Selling, Business Finance, Melvin Capital, Vladimir Tenev, House Committee on Financial Services, Tenev, Rwallstreetbets


How to Watch the Robinhood Congressional Hearing

More real-time WallStreetBets drama, the David and Goliath tale of class and meme warfare that has it all, will unfold before our very eyes today in a Congressional hearing at noon, ET. Possibly aware that at least two forthcoming movies and two TV shows need some good material, the House Committee on Financial…Read more...
Tags: Science, Finance, David, Stock Market, Short, Robinhood, Gamestop, Financial Markets, Short Selling, Kenneth C Griffin, Short Squeeze, Business Finance, Melvin Capital, Rwallstreetbets, DeepFuckingValue, Robinhood Congressional Hearing


YouTube, Reddit User 'Roaring Kitty' Gets Sued for Securities Fraud Over GameStop Short Squeeze

Keith Gill, also known as “Roaring Kitty” on Twitter/YouTube and “DeepFuckingValue” on Reddit, is facing a proposed class action lawsuit for his role in the massive GameStop short squeeze orchestrated by Reddit’s r/WallStreetBets board, Bloomberg reported on Wednesday.Read more...
Tags: Science, Finance, Bloomberg, Reddit, Stock Market, Robinhood, Gamestop, Financial Markets, Short Selling, Short Squeeze, Business Finance, Vladimir Tenev, Keith Gill, Rwallstreetbets, Gamestop Short Squeeze, DeepFuckingValue


CEOs of Robinhood and Reddit to Testify in Federal GameStop Hearing

The House Financial Services Committee will hold a virtual hearing on Feb. 18 as part of its investigation into the coordinated effort by Reddit’s stock-trading community to drive up the price of GameStop stocks as a big middle finger to hedge fund managers. Read more...
Tags: Science, Finance, Reddit, Stock Market, Robinhood, Share Trading, Gamestop, Financial Markets, Short Selling, House Financial Services Committee, Business Finance, Vladimir Tenev, In Video Gaming, Rwallstreetbets, Gamestop Short Squeeze, Internet Based Activism


With a naked option, you strike a deal over a stock you don't actually hold - here's how it works, and why it's risky

Tetra Images/Getty Images A naked option is one sold by someone who doesn't own the underlying security the contract's based on. Naked options potentially let traders pocket the option fee without ever having to invest any money. Naked options are highly risky: Losses can be high if the seller has to honor the options contract. Visit Business Insider's Investing Reference library for more stories. Options trading has become increasingly popular with investors over the last few years - the...
Tags: Trends, Markets, Freelance, Short Selling, Moya, Simon Chandler, Robert Ross, OANDA, Edward Moya, Investing (Reference, Investing How To, Naked Options, Options Strategy, Edward Moya That, Mauldin Economics This


GameStop rally crash calms JSE

The equities rally has come crashing down, along with fears of contagion on the JSE after large-scale sell-offs by investors The post GameStop rally crash calms JSE appeared first on The Mail & Guardian.
Tags: Business, Nokia, Reddit, Blackberry, Hedge Funds, Gamestop, Short Selling, MTN, JSE, Short Squeeze, Telkom, Bed Bath and Beyond, Steinhoff, AMC Entertainment, Top Six, Mark Barnes


Wall Street Fund Wants to Hire r/WallStreetBets Users to Help Pick Meme Stocks

GameStop’s stock has fallen back to something like a reasonable price and Barstool Sports founder Dave Portnoy claims he lost about $700,000, but the future of meme stocks is not yet written. And at least one New York-based quantitative fund seems to think there’s still a glimmer of gold to be found in the brain trust…Read more...
Tags: New York, Science, Finance, Reddit, Stock Market, Stock, Robinhood, Internet Meme, Gamestop, Financial Markets, Short Selling, Place, Business Finance, Subreddits, Barstool Sports, Dave Portnoy


Reddit raises $250 million in Series E funding

Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself ‘the front page of the Internet,’ owing to the role the subreddit r/WallStreetBets played in the recent meteoric rise (and subsequent steep fall) of the value of GameStop stock. Reddit also ran a 5-second Super Bowl ad on Sunday, consisting of. a single static image that looked like a standar...
Tags: Social, Startups, TC, Apps, Funding, Tech, Software, Tencent, Reddit, Super Bowl, Websites, Robinhood, Consumer Products, Gamestop, World Wide Web, Dubsmash


Robinhood Sued by Family of College-Aged Investor Who Took His Own Life

The family of a 20-year old man who took his own life over the summer after he misread his investment balance on Robinhood on Monday against the brokerage app.Read more...
Tags: Science, Stock Market, Robinhood, Gamestop, Financial Markets, Short Selling, Kearns, Alex Kearns, Rwallstreetbets


A prominent short seller explains what the GameStop short squeeze means for the future of Wall Street

The GameStop stock price soared in a matter of days in late January. John Minchillo/AP Scott Fearon is an author and hedge fund president of Crown Advisors Management. He sat down with Kellogg finance professor Bob Korajczyk to discuss GameStop recent short squeeze. They both agree that short selling is "downright treacherous" and could be untenable for the near future. Visit the Business section of Insider for more stories. Depending on your view, the dramatic GameStop short squeeze is ei...
Tags: Koss, Opinion, Wall Street, Milwaukee, US, America, Trends, Ubs, Stocks, Robinhood, Hedge Fund, Gamestop, Nordic, Fed, Short Selling, Vanguard


A short squeeze happens when a stock suddenly spikes - a bind for traders who bet borrowed money it would drop

A short squeeze afflicts short-sellers, investors who have sold sell stocks they don't actually own, in hopes of buying them back later for less money. If the stock rises instead, the strategy goes awry. Pichsakul Promrungsee / EyeEm/Getty Images A short squeeze affects short-sellers, investors who've borrowed stock they thought would fall, and it rises instead. Signs of an imminent short squeeze include heavy buying or a high percentage of a stock's  shares being sold short. Buy-limit...
Tags: Trends, Markets, Reddit, Sir, Goldman, Freelance, Gamestop, Short Sellers, Short Selling, RSI, Short Squeeze, Investing (Reference, Investing How To, Jim Probasco


Short selling is a high-risk but high-reward trading strategy that profits from a stock price's fall

Short selling is a bet that a stock's going to slump in price. It can mean big profits if the drop does happen. But it can also lead to large losses, if the shares' price rises. blackred/Getty Images Short selling means selling stocks you've borrowed, aiming to buy them back later for less money. Traders often look to short-selling as a means of profiting on short-term declines in shares. The big risk of short selling is that you guess wrong and the stock rises, causing infinite lo...
Tags: Abc, Trends, Markets, Short, Freelance, Gamestop, Short Selling, Margin, XYZ, Short Positions, Investing (Reference, Investing How To, Clint Proctor, Shorting Stock, Getty Images Short


WATCH: Insider's markets gurus discuss GameStop's explosive rally and the Reddit traders leading the phenomenon

A horde of casual traders congregating in online forums forced the hands of hedge funds, shocked Wall Street, and sparked a national conversation around the power of the retail investor.Shares of GameStop, AMC, and other highly shorted companies surged through January and remain at elevated levels as day traders pile into the so-called meme stocks. Some see the trend as a simple get-rich-quick scheme. Others have likened it to a revolution against Wall Street's old guard.On Tuesday, February 2, ...
Tags: Trends, Markets, Reddit, Stock Market, Panel, Webinar, Gamestop, Short Selling, Huang, GME, Joe Ciolli, Ben Winck, Retail Trading, Retail Investors, Reddit Traders, GameStop AMC


BioCryst surges 30% to a 5-year high as Redditors declare 'BioWar' against short-sellers

Reuters / Brendan McDermid BioCryst Pharmaceuticals jumped to a 5-year high on Monday, fueled by spiking interest from Reddit investors.The stock closed 39% higher after surging as much as 41% in intraday trading.The move followed a post on the r/WallStreetBets subreddit that called the company "the most undervalued stock in the market." Sign up here for our daily newsletter, 10 Things Before the Opening Bell.BioCryst Pharmaceuticals surged 39% to a five-year high on Monday as Reddit in...
Tags: Japan, US, Trends, Markets, European Union, Reddit, Biotech, Biotech Stocks, Gamestop, Wells Fargo, Short Sellers, Short Selling, U S Food and Drug Administration, BioCryst, Drug Development, Hae


Goldman says the stock market is undergoing its biggest short squeeze in 25 years - and that has hedge funds dumping stock exposure at the fastest rate since 2009

Xinhua News Agency/Getty Images The US stock market has seen its biggest short squeeze in 25 years over a trailing three-month period, according to Goldman Sachs. The culmination of this came this past week, when hedge funds withdrew from the market at the fastest rate since 2009, the firm said. Day traders have driven up shares GameStop and other heavily shorted stocks in recent weeks, costing short-sellers billions. Sign up here for our daily newsletter, 10 Things Before the Opening Bel...
Tags: Amc, US, Trends, Markets, Stock Markets, Reddit, Goldman Sachs, Goldman, Jefferies, Hedge Funds, Gamestop, Small Caps, Short Selling, Short Squeeze, Melvin Capital, Kostin


The GameStop strategy that outsmarted Wall Street, plus the heavily shorted stocks that could be squeezed higher next

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week. Getty Images / Ethan Miller Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets, as well as what to expect in the coming weeks. This week is packed with all the GameStop and Reddit content you could ever ask for.Here's what's on the docket:An investm...
Tags: Trends, Investing, Markets, Alibaba, Reddit, Ubs, Stocks, Goldman Sachs, Stock Market, Stock, Robinhood, Jefferies, Silver Lake, Gamestop, Bell, Chamath Palihapitiya


How to navigate GameStop madness - The strategy that outsmarted Wall Street - How Reddit traders are driving a populist movement

Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets, as well as what to expect in the coming weeks. This week is packed with all the GameStop and Reddit content you could ever ask for.Here's what's on the docket:An investment chief explains how the GameStop saga could upend long-standing practices on Wall Street - and shares her 4-part advice for navigating a frenzied environmentAn inside look at the intricate strategy Reddit...
Tags: Trends, Investing, Markets, Alibaba, Reddit, Ubs, Stocks, Goldman Sachs, Stock Market, Stock, Robinhood, Jefferies, Silver Lake, Gamestop, Bell, Chamath Palihapitiya


How GameStop traders fired the first shots in millennials' war on Wall Street

The dramatic struggle over video game chain’s shares suggests markets must now contend with a breed of angry, young, networked investorsWhen Ben, 28, a software engineer from Leeds, bought two shares in US games retailer GameStop for £460, it was for one reason, he says: “When they make the film about this in years to come, I’ll know I was there at the frontline with a bunch of idiots on the internet, trying to bring down Wall Street.”For Emma Rivers from East Sussex, who invested £1,400 in the ...
Tags: Business, Money, Wall Street, US, Investing, Shares, Financial Sector, Stock Markets, US economy, Leeds, Gamestop, East Sussex, Short-selling, Emma Rivers


Lawmakers of both parties want a reckoning for the finance industry after investors were locked out of trading GameStop

Rep. Ilhan Omar (D) and Sens. Elizabeth Warren (D), Pat Toomey (R), and Ted Cruz (R), have all weighed in on the GameStop trading debacle. Reuters/Insider Both the GOP and Democrats are calling for oversight following the Gamestop trading debacle. Senate and House committees plan hearings on Robinhood's block Thursday on trading the stock. From Trump supporter Marsha Blackburn, to "Squad" member Ilhan Omar, many have spoken out. Visit Business Insider's homepage for more stories. Lawmakers...
Tags: Politics, Congress, Senate, New York City, Elizabeth Warren, Trends, Gop, House, Ted Cruz, News UK, Reddit, Warren, SEC, Stocks, Silicon Valley, Biden


'The trade of a lifetime': Silver Lake and Mudrick have reaped huge gains from their AMC investments as Reddit traders send the stock soaring

Noam Galai/Getty Images Silver Lake Group made "the trade of a lifetime" on AMC Entertainment, according to one hedge fund manager. Another firm, Mudrick Capital, made a similarly successful wager earlier this month. The two firms were able to convert distressed debt into equity in AMC after Wednesday's share-price jump. "The market did not believe AMC would be able to get through the downturn — we did," said Jason Mudrick, founder and CIO of Mudrick Capital. Sign up here for our daily ne...
Tags: Amc, Trends, Markets, Reddit, SEC, Stocks, Stock Market, Financial Times, Silver Lake, Gamestop, Short Sellers, Short Selling, CreditSights, AMC Entertainment, Noam Galai, Convertible Debt


These 7 Reddit stock darlings are cratering as brokerages restrict buying in hot names

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images A controversial decision by brokerage firms to limit buying in certain high-flying stocks led to sizable intraday declines in so-called Reddit darlings on Thursday.Robinhood and Interactive Brokers took action to limit buying after an epic short-squeeze in GameStop sparked by Reddit traders spilled over into a handful of other stocks.Detailed below are the seven Reddit stocks that cratered on Thursday.Sign up here for our daily ne...
Tags: Amc, Trends, Markets, Reddit, Stocks, Stock Market, Robinhood, Gamestop, Movers, Short Sellers, Short Selling, Matthew Fox, Express Inc, Mover, Retail Investing, Retail Investors


Reddit day traders are taking on hedge fund giants and winning, and it's a sign of a new era for markets

Youtube The 4 million-strong WallStreetBets forum on Reddit has officially disrupted Wall Street.They did it by piling into heavily shorted stocks, sparking short-squeezes at the expense of Wall Street hedge funds and large institutional investors."They are proving to be quite capable of mounting some successful 'value capture' against Wall Street institutional investors," Fundstrat's Tom Lee said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Wall Street hedge fu...
Tags: New York, Nokia, US, Trends, Markets, Virgin Galactic, Reddit, Ubs, Stocks, Stock Market, Morgan Stanley, Gamestop, Chamath Palihapitiya, Short Sellers, Short Selling, Lee


Robinhood blocks purchases of GameStop, AMC, and others after days of Reddit-fueled rallies

Ben Gilbert/Business Insider Robinhood on Thursday restricted trading of GameStop, AMC, BlackBerry, and other stocks.The brokerage told clients they could close positions in the stocks but couldn't buy more shares.Traders organizing on Reddit have furiously pushed the companies' stock prices higher.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Robinhood has restricted trading of highly volatile stocks including GameStop and AMC on its platform, leaving its users ...
Tags: Amc, Trends, Markets, Reddit, Robinhood, Eisenhower, Gamestop, Short Sellers, Short Selling, Charles Schwab, Mario Gabelli, GME, Ben Gilbert, Ben Winck, AMC stock, Amc Stock Price


GameStop: how Reddit amateurs took aim at Wall Street’s short-sellers

Analysis: Understanding short-selling enabled amateur traders to beat hedge funds at their own gameThe co-ordinated effort by users of the online forum Reddit to drive up the share price of GameStop and other companies is designed to turn the screw on short-sellers.To the layman, the dynamics at play here can seem dizzyingly labyrinthine. Continue reading...
Tags: Business, Technology, Financial Sector, Reddit, Gamestop, Short-selling


Robinhood clients say platform has removed GameStop and AMC, and is only allowing holders to sell

Ben Gilbert/Business Insider Robinhood removed GameStop, AMC, BlackBerry, and Nokia from its trading platform before the market opened on Thursday.The brokerage told clients they can still close out positions in the volatile stocks but cannot buy more shares.The move comes after traders organizing on Reddit forums furiously bid up the shares in an unprecedented short squeeze.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Robinhood removed GameStop, AMC, BlackBerry...
Tags: Nokia, Amc, Trends, Markets, Reddit, Robinhood, Eisenhower, Gamestop, Short Sellers, Short Selling, Mario Gabelli, GME, Ben Gilbert, White House Check, Ben Winck, AMC stock


10 highly shorted stocks are soaring as Reddit traders wage war against top Wall Street hedge funds

Reuters / Lucas Jackson The Wall Street Bets forum on Reddit - now 3 million members strong - is flexing its muscle against hedge funds.The forum has sparked an epic short squeeze in shares of GameStop, which is now spilling over into other highly shorted stocks.Detailed below are the 10 highly shorted stocks that are soaring at the expense of many hedge funds.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.An extreme level of herd mentality led by Reddit's 3 milli...
Tags: Amc, Trends, Markets, Virgin Galactic, Reddit, Trading, Stocks, Stock Market, Goldman, Gamestop, Movers, Reuters, Short Sellers, Short Selling, Ligand, Citadel


What’s Causing the GameStop Stock Trading Frenzy?

You might have seen headlines this week about the sudden surge in stock prices for moribund companies like GameStop (up 400%) and AMC (up 375%). But what about Blockbuster? Yes, they still exist as a penny stock—and they’re up over 2000% from earlier this week, too. What’s going on?Read more...
Tags: Money, Finance, Amc, Economy, Lifehacks, Stock Market, Short, Stock, Robinhood, Gamestop, Investors, Financial Markets, Short Selling, Financial Regulation, Penny Stock, Technology_internet


Here's how short-selling works, and how Reddit's day-trader army spoiled the strategy for GameStop bears

GameStop. REUTERS/Mike Blake REUTERS/Mike Blake Short sellers have lost billions on their bets as GameStop skyrockets. Millions of amateur traders on Reddit have pushed the price up. Visit Business Insider's homepage for more stories. Short-sellers have taken a hit now that GameStop shares have topped $330, in what analysts have dubbed an irrational rally stoked by the Reddit group "Wall Street Bets." When the market operates rationally, investors have the option to short a company's stock...
Tags: Finance, Wall Street, Trends, Markets, Reddit, Hedge Fund, Cnbc, Gamestop, Short Selling, Wedbush, Citron, Feldman, Mike Blake, Nintendo Wii, Joost van Dreunen, van Dreunen