Current Affairs Stocks and shares and stuff
- Thread starter Paris
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AMC being much smarter with their stock moonshot than GME were
Really amazing chart!
AMC might even turn green on the day!
AMC might even turn green on the day!
Going to be very interesting to see what happens to Tesla in near term.
Bloomberg reported that according to a memo it had seen, Jefferies told clients its prime brokerage arm will no longer allow the execution of short sells in meme stocks such as AMC, GameStop and MicroVision.
“Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options in GME, AMC and MVIS,” the memo noted. The firm will no longer allow the execution of short sells of those securities, the memo continued, noting that other stocks may be added to that list.
The news comes in a rollercoaster session for AMC which after plunging as much as 30% on news it was selling 11.55MM shares in an At The Market offering, reversed all losses after announcing it had completed the offering, gaining as much as 10% before again reversing the move and last seen down about 9% at $57. Expect much more drama here.
“Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options in GME, AMC and MVIS,” the memo noted. The firm will no longer allow the execution of short sells of those securities, the memo continued, noting that other stocks may be added to that list.
The news comes in a rollercoaster session for AMC which after plunging as much as 30% on news it was selling 11.55MM shares in an At The Market offering, reversed all losses after announcing it had completed the offering, gaining as much as 10% before again reversing the move and last seen down about 9% at $57. Expect much more drama here.
Paris
What is love?
These recalls and the China news aren’t helping. Perhaps Elon can focus on his core business rather than pumping Doge
Paris
What is love?
If it wasn't for the fact that he was helping the Americans keep ahead of the Chinese in the space race, I believe that within a couple of years, charges would be brought against Musk and he'd be doing time in a luxurious prison for the elite.
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SEC really aren’t keen on him that is for sure
I “invested” in a couple of these lol
Paris
What is love?
Can see Tesla going back to $100 a share in the next few years as the competition closes in and Tesla is exposed even further.
As a psychological study in trading behavior I find it fascinating - lots of true believers in the stock so honestly wouldn’t like to predict what happens to it as most of the price movement is uncoupled from business fundamentals.
I know everyone deserves a second chance but investing with Skilling seems like madness
Fool me once...
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