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GuyNextDoor
GuyNextDoor
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2022-06-14
Cool, pls stay strong #hodl
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GuyNextDoor
GuyNextDoor
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2021-06-11
Amazing
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GuyNextDoor
GuyNextDoor
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2021-06-11
Upps
China Youran Dairy raises $643 mln in Hong Kong IPO - sources
HONG KONG, June 11 (Reuters) - China Youran Dairy Group raised $643 million in its Hong Kong initial
China Youran Dairy raises $643 mln in Hong Kong IPO - sources
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GuyNextDoor
GuyNextDoor
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2021-06-11
Good post
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GuyNextDoor
GuyNextDoor
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2021-06-11
Coolll
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GuyNextDoor
GuyNextDoor
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2021-06-11
Goodd
INSIGHT-GameStop lures Amazon talent with grand plans and no frills
June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate exce
INSIGHT-GameStop lures Amazon talent with grand plans and no frills
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GuyNextDoor
GuyNextDoor
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2021-06-11
Nicee
Will The WallStreetBets Crowd Come After Silver Again?
In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop
Will The WallStreetBets Crowd Come After Silver Again?
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GuyNextDoor
GuyNextDoor
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2021-06-11
Nice
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The sources could not be named as the information was not yet public.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09858":"优然牧业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142382275","content_text":"HONG KONG, June 11 (Reuters) - China Youran Dairy Group raised $643 million in its Hong Kong initial public offering $(IPO.UK)$ by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two sources with direct knowledge of the matter.\nChina Youran did not immediately respond to a request for comment. 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The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.</p>\n<p>The role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.</p>\n<p>The move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.</p>\n<p>Most analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.</p>\n<p>GameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.</p>\n<p>In March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, <a href=\"https://laohu8.com/S/AONE\">one</a> month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.</p>\n<p>Amazon did not respond to a request for comment.</p>\n<p>Cohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources added.</p>\n<p>Based in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.</p>\n<p>Furlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.</p>\n<p>A representative for Sherman declined to comment.</p>\n<p>In his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.</p>\n<p>Details of Furlong's compensation package have not yet been disclosed by GameStop.</p>\n<p>Furlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.</p>\n<p>Some GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.</p>\n<p>\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.</p>\n<p>Cohen also acknowledged during the interview process that the transformation would take time, the sources said.</p>\n<p>Representatives for GameStop, Cohen and Furlong declined to comment.</p>\n<p>\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.</p>\n<p><b>FINANCIAL FIREPOWER</b></p>\n<p>It's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.</p>\n<p>GameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.</p>\n<p>Furlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.</p>\n<p>(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>INSIGHT-GameStop lures Amazon talent with grand plans and no frills</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nINSIGHT-GameStop lures Amazon talent with grand plans and no frills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-11 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process.</p>\n<p>Cohen wanted the message to be stern, said the sources, who were close to the discussions. The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.</p>\n<p>The role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.</p>\n<p>The move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.</p>\n<p>Most analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.</p>\n<p>GameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.</p>\n<p>In March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, <a href=\"https://laohu8.com/S/AONE\">one</a> month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.</p>\n<p>Amazon did not respond to a request for comment.</p>\n<p>Cohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources added.</p>\n<p>Based in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.</p>\n<p>Furlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.</p>\n<p>A representative for Sherman declined to comment.</p>\n<p>In his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.</p>\n<p>Details of Furlong's compensation package have not yet been disclosed by GameStop.</p>\n<p>Furlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.</p>\n<p>Some GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.</p>\n<p>\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.</p>\n<p>Cohen also acknowledged during the interview process that the transformation would take time, the sources said.</p>\n<p>Representatives for GameStop, Cohen and Furlong declined to comment.</p>\n<p>\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.</p>\n<p><b>FINANCIAL FIREPOWER</b></p>\n<p>It's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.</p>\n<p>GameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.</p>\n<p>Furlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.</p>\n<p>(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","GME":"游戏驿站","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","CHWY":"Chewy, Inc.","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142270549","content_text":"June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process.\nCohen wanted the message to be stern, said the sources, who were close to the discussions. The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.\nThe role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.\nThe move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.\nMost analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.\nGameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.\nIn March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, one month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.\nAmazon did not respond to a request for comment.\nCohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, one of the sources added.\nBased in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.\nFurlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.\nA representative for Sherman declined to comment.\nIn his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.\nDetails of Furlong's compensation package have not yet been disclosed by GameStop.\nFurlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.\nSome GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.\n\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.\nCohen also acknowledged during the interview process that the transformation would take time, the sources said.\nRepresentatives for GameStop, Cohen and Furlong declined to comment.\n\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.\nFINANCIAL FIREPOWER\nIt's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.\nGameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.\nFurlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.\n(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)","news_type":1,"symbols_score_info":{"09086":0.9,"GME":0.9,"QNETCN":0.9,"CHWY":0.9,"03086":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181776544,"gmtCreate":1623414362488,"gmtModify":1704202950667,"author":{"id":"3581591949899474","authorId":"3581591949899474","name":"GuyNextDoor","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581591949899474","idStr":"3581591949899474"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/181776544","repostId":"1147816654","repostType":4,"repost":{"id":"1147816654","kind":"news","pubTimestamp":1623411742,"share":"https://ttm.financial/m/news/1147816654?lang=&edition=fundamental","pubTime":"2021-06-11 19:42","market":"us","language":"en","title":"Will The WallStreetBets Crowd Come After Silver Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147816654","media":"The Street","summary":"In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop","content":"<blockquote>\n <b>In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.</b>\n</blockquote>\n<p>The Reddit army is back in full force!</p>\n<p>Meme stocks, driven by members of the WallStreetBets forum on the site looking to short squeeze big hedge funds, first came to prominence in a major way back at the beginning of 2021. GameStop (GME) was the first stock of choice, which saw its stock price rise from around $18 a share on New Year's Day to nearly $500 at its peak. It was soon joined by names, such as AMC Entertainment (AMC), Bed Bath & Beyond (BBBY), Express (EXPR) and BlackBerry (BB). After a brief hiatus, the group is back with AMC as their stock of choice.</p>\n<p>One stock that this group went after wasn't even a stock at all. It was the<b>iShares Silver Trust (SLV)</b>. It started with, not surprisingly, aReddit postwhere one trader argued that precious metals prices have been manipulated by the big banks for years and could be an ideal target for the next big squeeze.</p>\n<p>So they tried it and they were successful.......for a day.</p>\n<p><img src=\"https://static.tigerbbs.com/1f1d77c395486d36223fb07516c1b28c\" tg-width=\"700\" tg-height=\"308\">Silver prices (and the price of SLV) popped by about 10% on the news that the WallStreetBets crowd was going to go after it, but the rally was short-lived. The share price was back down to where it was before the spike the next day and it still hasn't come near its previous heights again.</p>\n<p>It turns out that moving a stock, such as AMC, and moving the price of silver are two entirely different things. While many people picture jewelry and silverware when they think of silver, in reality, the major of its demand comes from heavy industry.</p>\n<p>It's used in the production of solar panels, electrical components, fuses, automobiles and industrial adhesives. Silverdemandin 2020 for industrial fabrication purposes was more than triple that of the jewelry market, more than double that for silver bars & coins and more than 15 times that of silverware.</p>\n<p>With that much constant global demand for silver, which is only expected to continue growing, it's incredibly difficult to whipsaw its price around to any significant degree (especially up to the $1,000 per ounce price target that Reddit was calling for). I'm honestly a little surprised that it was able to generate a one-day 10% gain just on meme stock speculation alone.</p>\n<p>Stocks, such as AMC and GameStop, are small enough (they may not technically be considered \"small\" any more) that with enough trading volume they can be pushed pretty significantly in a fairly short amount of time. Plus, the stocks that the Reddit traders were targeting already had high short interest, meaning that any large buying activity was probably exacerbated by people short covering in order to stop the bleeding.</p>\n<p>That's going to be difficult to pull off for silver. My guess is that the WallStreetBets group never takes a swing at silver again. It seems content to find new targets, such as Clover (CLOV), to try to push to the moon.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will The WallStreetBets Crowd Come After Silver Again?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill The WallStreetBets Crowd Come After Silver Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:42 GMT+8 <a href=https://www.thestreet.com/etffocus/trade-ideas/will-wallstreetbets-crowd-come-after-silver><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.\n\nThe Reddit army is back in full force!\nMeme stocks, driven by members of the ...</p>\n\n<a href=\"https://www.thestreet.com/etffocus/trade-ideas/will-wallstreetbets-crowd-come-after-silver\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/etffocus/trade-ideas/will-wallstreetbets-crowd-come-after-silver","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147816654","content_text":"In the last meme stock run up, the precious metal became a Reddit trader crowd target after GameStop and AMC.\n\nThe Reddit army is back in full force!\nMeme stocks, driven by members of the WallStreetBets forum on the site looking to short squeeze big hedge funds, first came to prominence in a major way back at the beginning of 2021. GameStop (GME) was the first stock of choice, which saw its stock price rise from around $18 a share on New Year's Day to nearly $500 at its peak. It was soon joined by names, such as AMC Entertainment (AMC), Bed Bath & Beyond (BBBY), Express (EXPR) and BlackBerry (BB). After a brief hiatus, the group is back with AMC as their stock of choice.\nOne stock that this group went after wasn't even a stock at all. It was theiShares Silver Trust (SLV). It started with, not surprisingly, aReddit postwhere one trader argued that precious metals prices have been manipulated by the big banks for years and could be an ideal target for the next big squeeze.\nSo they tried it and they were successful.......for a day.\nSilver prices (and the price of SLV) popped by about 10% on the news that the WallStreetBets crowd was going to go after it, but the rally was short-lived. The share price was back down to where it was before the spike the next day and it still hasn't come near its previous heights again.\nIt turns out that moving a stock, such as AMC, and moving the price of silver are two entirely different things. While many people picture jewelry and silverware when they think of silver, in reality, the major of its demand comes from heavy industry.\nIt's used in the production of solar panels, electrical components, fuses, automobiles and industrial adhesives. Silverdemandin 2020 for industrial fabrication purposes was more than triple that of the jewelry market, more than double that for silver bars & coins and more than 15 times that of silverware.\nWith that much constant global demand for silver, which is only expected to continue growing, it's incredibly difficult to whipsaw its price around to any significant degree (especially up to the $1,000 per ounce price target that Reddit was calling for). I'm honestly a little surprised that it was able to generate a one-day 10% gain just on meme stock speculation alone.\nStocks, such as AMC and GameStop, are small enough (they may not technically be considered \"small\" any more) that with enough trading volume they can be pushed pretty significantly in a fairly short amount of time. Plus, the stocks that the Reddit traders were targeting already had high short interest, meaning that any large buying activity was probably exacerbated by people short covering in order to stop the bleeding.\nThat's going to be difficult to pull off for silver. My guess is that the WallStreetBets group never takes a swing at silver again. It seems content to find new targets, such as Clover (CLOV), to try to push to the moon.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181778377,"gmtCreate":1623414237099,"gmtModify":1704202948723,"author":{"id":"3581591949899474","authorId":"3581591949899474","name":"GuyNextDoor","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581591949899474","idStr":"3581591949899474"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181778377","repostId":"2142022769","repostType":4,"isVote":1,"tweetType":1,"viewCount":1305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}