Is the Party Over for GameStop?

 
April 10, 2021
 
The ONLY Trading Strategy
Anyone Ever Needs
Legendary trader Jeff Zananiri just told us about a breakthrough trading strategy so powerful, he's already used it to signal 20%, 30%, even 50% winners overnight…

Every day of the week.

How does he do it? By simply buying certain stocks right at the market's close and then selling them again the next morning.

We almost didn't believe Jeff when he told us about his overnight strategy, but then we started digging into the 3 p.m. EDT market phenomena that Jeff calls a Burn Notice.

Spot a Burn Notice at the end of the trading day — and traders could end up grabbing double-digit returns the very next morning.
Here's How Jeff Does It
 
GameStop's Secondary Offering: Is the Party Over for This Meme Stock?
Video game retailer GameStop, the meme "stonk" of the century so far, is back in the news with a planned "at the market" secondary share offering.

Following the company's announcement, GameStop shares tumbled more than 12.5% before rebounding. Shares were trading around $180 today at lunchtime on the East Coast.

Now here's the deal… GameStop's secondary share offering aims to raise capital by increasing its number of outstanding shares by 3.5 million. Its plan is to use the generated cash to speed its "corporate transformation."

Basically, with more shares available to the public, prices will likely go down. And, yes, this may attract a fresh flock of would-be meme stock investors hoping to buy the dip.
Breaking Down GME's Offering
*clicking these links will automatically
subscribe you to Future of Wealth emails
 
Ripple Effects: Crypto Market Cap
Blasts Over $2T in Regulatory Shadow
With Bitcoin passing the $60,000 mark for the third time in the past month, cryptocurrencies are blasting off again.

Coins like Ripple have nearly doubled in value over the past two sessions.

That "Ripple Effect" has pushed the total cryptocurrency market cap over $2 trillion — more than double its value at the beginning of the year.

But it isn't all blue skies. The SEC went after Ripple's top executives in December, and the results of the investigation could shake the crypto market to its core.
Here's What You Need To Know
*clicking these links will automatically
subscribe you to Venture Society emails
 
How To Grab
Consistent Overnight Winners
From 1993 to 2021, traders would have lost 10% of their money buying and holding the S&P 500 during the day…

Yet if they'd bought at the close and sold again right at the open, they could've seen a 812% increase in their investments.

Where did all the gains come from? Overnight moves.

And one former $700 million hedge fund trader just revealed how he's exploiting these overnight moves on a handful of stocks every single day.
See What He's Trading Next
 
"Hi Roger, I liked the video on earnings release and expected price move."

Ron K.






Short Selling (also known as "shorting," "selling short" or "going short") refers to the sale of a security or financial instrument that the seller has borrowed to make the short sale. The short seller believes that the borrowed security's price will decline, enabling it to be bought back at a lower price. The difference between the price at which the security was sold short and the price at which it was purchased represents the short seller's profit (or loss, as the case may be).
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
 
 
                                                           

This email was sent to phanhoa1821960.trader@blogger.com by WealthPress LLC

495 Town Plaza Ave | | Jacksonville | FL | 32081
Forward to a friend | Unsubscribe From All WealthPress Emails

No comments:

Post a Comment