🎁WeWork Bankrupt? Which Meme Stock is Next?
According to report by WSJ, $WeWork(WE)$ plans to file for bankruptcy as early as next week.
WeWork, once highly anticipated, experienced a significant decline in value (once at $47 billion) due to management issues and investor concerns.
With its business model questioned by many, will WeWork receive more funds or be acquired by big tech?
$10 bln funds vs. $10 bln debts
SoftBank invested substantial funds of over $10 bln, but WeWork's value plummeted by almost 98%.
lose 47% on the bankruptcy news
Earlier on Tuesday, the company told the US financial regulator it had agreed with creditors to temporarily postpone payments for some of its debt.
As of June this year, WeWork had 777 office locations in 39 countries, with estimated lease debts of up to $10 billion through the end of 2027.
Most-Shorted Stocks in October: Expect for Short Squeeze or Bankruptcy?
$Faraday Future Intelligent Electric Inc.(FFIE)$ $Novavax(NVAX)$ $Wheeler Real Estate Investment(WHLR)$ $Gaucho Group Holdings, Inc.(VINO)$ $Fisker Inc.(FSR)$
Will WeWork receive more funds or be acquired by big tech?
Will the most-shorted meme stocks experience short squeeze or face bankruptcy?
Which stock is oversold?
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Will WeWork go bankrupt or short squeeze?(2 choices)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
我从未投资或关注过上述任何一只迷因股票。然而WeWork是臭名昭著的。我记得读到过，就在它因缺乏投资者兴趣而退出首次上市之前，它的首席执行官不得不同意一次黄金握手。软银需要注入更多资金才能上市。然而，已经发现其商业模式存在缺陷，其前任创始人是个骗子。然而它仍然漂浮着！我猜如果你很有钱，坏钱的海洋总能吸收更多的新钱，直到你扔不出任何【喷】？！
对于其余的，使用TA，只有惠勒（WHRR）似乎超卖。其余的似乎现在已经找到了一点立足点。菲斯克（FSR）甚至开始与其他电动汽车股票小幅反弹。
在我看来，仍然有大量的投机资金。谁知道这些人会做什么？他们可能会再次回收迷因主题，就像他们最近玩加密货币一样。
🌟🌟🌟I feel sad for WeWork's employees and investors if the beleaguered company files for bankruptcy next week. We Work is drowning under such a huge massive pile of debts, that it is almost impossible to recover. Unless of course, a knight in shining armour comes to its rescue. It could be Softbank or some other venture companies.
Faraday Futures is in a similar situation. It undergone a reverse stock split of 80 to 1 in order to meet Nasdaq's minimum requirement of USD 1 per share in August. Its share price has dropped a massive 95% year todate even though it went up 4.7% today.
Faraday Futures has a new CEO, Matthias Aydt who plans to pull the company out of the deep abyss by cutting back on costs and improving sales. Whether he will succeed or not remains to be seen. If he does not, then sadly it would possibly be another company that bites the dust.
It is always a sad thing when a company files for bankruptcy but sometimes you never know, things can turnaround for the better. Let's hope things will be better for WeWork and Faraday Futures. The best thing to do is to hope for the best but prepare for the worst.
@Meme_Tiger @TigerStars @MillionaireTiger @CaptainTiger @TigerClub @Tiger_SG
Another meme stock that might suffer short squeeze or bankruptcy will be FFIE. The stock doesn't have any sign of rebound even it is oversold right now. Don't try to bet with such stocks, either you go big or you go home! The only thing that you might bet on it and have a chance of big win will probably due to its involvement in EV sectors which will be hot in the next decade. However, FFIE needs to be profitable and solve its financial issue ASAP.
@TigerStars @CaptainTiger @MillionaireTiger @TigerClub @Tiger_comments
For the rest, using TA, only Wheeler (WHLR) seems to be oversold. The rest seems to have found a little footing for now. $Fisker Inc.(FSR)$ has even started a little rally with the rest of EV stocks today (not sure if it is a good thing).
From what i see, there is still plenty of speculative money. Who knows what these people will do? They might recycle the MEME theme again, just like how they played the cryptocurrency lately.
@Success88 @SR050321 @xXxZealandxXx @Shyon @Aqa @GoodLife99 @Universe宇宙 @rL @Zarkness @DiAngel @Fenger1188
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Great ariticle, would you like to share it?