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Musyaffaq
Musyaffaq
·
2021-06-21
nice
Top Ag Traders Forecast "Mini Supercycle"
Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and
Top Ag Traders Forecast "Mini Supercycle"
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Musyaffaq
Musyaffaq
·
2021-05-10
Cool
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Musyaffaq
Musyaffaq
·
2021-04-28
Cool
Reddit Traders Can’t Keep AMC Entertainment Afloat Forever
Earnings do matter, and no amount of share-price manipulation will sustain AMC stock I think we can
Reddit Traders Can’t Keep AMC Entertainment Afloat Forever
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Musyaffaq
Musyaffaq
·
2021-04-27
Nice
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Musyaffaq
Musyaffaq
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2021-04-25
Cool
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Musyaffaq
Musyaffaq
·
2021-04-23
Cool
Stocks open flat, head for losing week on higher tax fears
U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns
Stocks open flat, head for losing week on higher tax fears
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Musyaffaq
Musyaffaq
·
2021-04-21
Nice
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Musyaffaq
Musyaffaq
·
2021-04-20
Like pls
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Musyaffaq
Musyaffaq
·
2021-04-20
Cool
Sundial Stock Already Looked Bad, but It’s About to Get Worse
This at-the-market-offering should have you dumping SNDL stock. Sundial(NASDAQ:SNDL) stock is down
Sundial Stock Already Looked Bad, but It’s About to Get Worse
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Musyaffaq
Musyaffaq
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2021-04-19
Yes
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And added into that we've got increased demand for plant-based fuel,\" Mattiske said.</i>\n</blockquote>\n<p>Taking a look at the S&P GSCI Agriculture Index, a sub-index of the S&P GSCI which provides a broad basket of wheat, corn, soybeans, coffee, sugar, cocoa, and cotton, has been on an absolute tear since the virus pandemic began, up currently 56.6% but down 15% from an eight-year high.</p>\n<p><img src=\"https://static.tigerbbs.com/a6c8adc05faef6f0eb37acdd37b9e6d2\" tg-width=\"500\" tg-height=\"345\">Higher commodity prices are great news for farmers who can boost incomes and reinvest into operations. Many farmers have seen their net incomes deteriorate over the last decade. But rising agriculture prices mean higher food inflation will hit low-income countries the hardest first, then ripple across the world.</p>\n<p>Back in December, SocGen's resident market skeptic Albert Edwards shared with the world why he is starting to panic about soaring food prices. And since that was before food prices really erupted amid broken supply chains, trillions in fiscal stimulus, and exploding commodity costs, we can only imagine the sheer terror he must feel today. He has noted social instabilities have begun around soaring food inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/e5582ae832d11f87e90cb9e4eb5ccbc8\" tg-width=\"500\" tg-height=\"276\">According to the latest United Nations index of world food costs, itclimbedfor a 12th straight month in May, its longest stretch in a decade, rising to the highest in nearly a decade, heightening concerns over bulging grocery bills.</p>\n<p><img src=\"https://static.tigerbbs.com/a4333c994853efc1b54db09a1cb92453\" tg-width=\"500\" tg-height=\"899\">Alex Sanfeliu, head of Cargill's world trading unit, said the bumper harvests for corn and soybeans in the US and Brazil means that supercycles in grains and oilseeds will be shorter in the past. Though he predicted an upward swing in ag prices could be sustained for two to four years. \"The characteristics of the supercycle are there,\" he added.</p>\n<p>Last year, China imported a record amount of soybeans and grains from the US as it rebuilt its swine population. The US was among the largest beneficiary of the buying. China is expected to continue purchasing US farm goods this year as it needs to \"restock\" after the pandemic shock.</p>\n<p>Marcelo Martins, head of grains and oilseeds at Cofco International, the trading arm of the Chinese state conglomerate, said supply imbalances around the world would persist due to some areas that sustained poor harvest. But, he warned,<i>\"[The supply deficit] is here to stay.\"</i></p>\n<p>As we've previously noted, parts of South America and the Western half of the US are in a drought, affecting future harvest yields. Especially in the US, amegadroughtis crushing farmers as <i>reservoirs dry up, with many unable to water their crops.</i></p>\n<p>Meanwhile, the Biden administration set the 2030 greenhouse gas pollution target aimed at increasing biofuels - this means the agricultural product is being diverted for fuel rather than food, driving up prices.</p>\n<p>Paul Maas, chief executive of US agricultural trader Scoular, said biofuels drive \"unprecedented\" demand for soyabean and soya oil prices. As countries reduce their carbon footprint, many turn to the food supply for answers to reduce fossil fuel usage by mixing biofuels into petrol blends.</p>\n<blockquote>\n <i>\"The increased demand is real and we're on the front end of seeing how that all plays out,\" said Maas.</i>\n</blockquote>\n<p>While there are several factors top execs point to for higher future ag prices, prices have fallen in the last couple of months and may continue to correct.</p>\n<p>Gary McGuigan, head of global trade at Archer Daniels Midland, added some caution to the mini supercycle, indicating significant uncertainties around China's 2021 demand.</p>\n<p>Perhaps this is more evidence that the Fed's illusionary narrative of \"transitory\" inflation is tearing apart at the seams as food prices are likely to remain elevated for some time due to the various demand dynamics mentioned above.</p>\n<p></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>Top Ag Traders Forecast \"Mini Supercycle\" </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; 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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\">\nTop Ag Traders Forecast \"Mini Supercycle\" \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 18:03 GMT+8 <a href=https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and Scoular said this week at the FT Commodities Global Summit thata \"mini-supercycle\" in agricultural ...</p>\n\n<a href=\"https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle\">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.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181147458","content_text":"Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and Scoular said this week at the FT Commodities Global Summit thata \"mini-supercycle\" in agricultural commodities could be on the horizon, boosted by China demand and increasing use for biofuels.\nThese execs forecasted corn, soybeans, and wheat markets will remain robust over the next two to four years.\n\n\"We certainly see a mini supercycle,\" said David Mattiske, chief executive of Viterra, majority-owned by Glencore, told the FT Commodities Global Summit.\"We're in a demand-driven environment with the themes of a growing population, growing wealth, people consuming more. And added into that we've got increased demand for plant-based fuel,\" Mattiske said.\n\nTaking a look at the S&P GSCI Agriculture Index, a sub-index of the S&P GSCI which provides a broad basket of wheat, corn, soybeans, coffee, sugar, cocoa, and cotton, has been on an absolute tear since the virus pandemic began, up currently 56.6% but down 15% from an eight-year high.\nHigher commodity prices are great news for farmers who can boost incomes and reinvest into operations. Many farmers have seen their net incomes deteriorate over the last decade. But rising agriculture prices mean higher food inflation will hit low-income countries the hardest first, then ripple across the world.\nBack in December, SocGen's resident market skeptic Albert Edwards shared with the world why he is starting to panic about soaring food prices. And since that was before food prices really erupted amid broken supply chains, trillions in fiscal stimulus, and exploding commodity costs, we can only imagine the sheer terror he must feel today. He has noted social instabilities have begun around soaring food inflation.\nAccording to the latest United Nations index of world food costs, itclimbedfor a 12th straight month in May, its longest stretch in a decade, rising to the highest in nearly a decade, heightening concerns over bulging grocery bills.\nAlex Sanfeliu, head of Cargill's world trading unit, said the bumper harvests for corn and soybeans in the US and Brazil means that supercycles in grains and oilseeds will be shorter in the past. Though he predicted an upward swing in ag prices could be sustained for two to four years. \"The characteristics of the supercycle are there,\" he added.\nLast year, China imported a record amount of soybeans and grains from the US as it rebuilt its swine population. The US was among the largest beneficiary of the buying. China is expected to continue purchasing US farm goods this year as it needs to \"restock\" after the pandemic shock.\nMarcelo Martins, head of grains and oilseeds at Cofco International, the trading arm of the Chinese state conglomerate, said supply imbalances around the world would persist due to some areas that sustained poor harvest. But, he warned,\"[The supply deficit] is here to stay.\"\nAs we've previously noted, parts of South America and the Western half of the US are in a drought, affecting future harvest yields. Especially in the US, amegadroughtis crushing farmers as reservoirs dry up, with many unable to water their crops.\nMeanwhile, the Biden administration set the 2030 greenhouse gas pollution target aimed at increasing biofuels - this means the agricultural product is being diverted for fuel rather than food, driving up prices.\nPaul Maas, chief executive of US agricultural trader Scoular, said biofuels drive \"unprecedented\" demand for soyabean and soya oil prices. As countries reduce their carbon footprint, many turn to the food supply for answers to reduce fossil fuel usage by mixing biofuels into petrol blends.\n\n\"The increased demand is real and we're on the front end of seeing how that all plays out,\" said Maas.\n\nWhile there are several factors top execs point to for higher future ag prices, prices have fallen in the last couple of months and may continue to correct.\nGary McGuigan, head of global trade at Archer Daniels Midland, added some caution to the mini supercycle, indicating significant uncertainties around China's 2021 demand.\nPerhaps this is more evidence that the Fed's illusionary narrative of \"transitory\" inflation is tearing apart at the seams as food prices are likely to remain elevated for some time due to the various demand dynamics mentioned above.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190202950,"gmtCreate":1620620752870,"gmtModify":1634197621242,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190202950","repostId":"1134875250","repostType":4,"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100182418,"gmtCreate":1619589852334,"gmtModify":1634211505421,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100182418","repostId":"1179080270","repostType":4,"repost":{"id":"1179080270","kind":"news","pubTimestamp":1619587243,"share":"https://www.laohu8.com/m/news/1179080270?lang=&edition=full","pubTime":"2021-04-28 13:20","market":"us","language":"en","title":"Reddit Traders Can’t Keep AMC Entertainment Afloat Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=1179080270","media":"InvestorPlace","summary":"Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can ","content":"<p>Earnings do matter, and no amount of share-price manipulation will sustain AMC stock</p>\n<p>I think we can all agree that movie-theater chain <b>AMC Entertainment</b> (NYSE:<b><u>AMC</u></b>) didn’t have its best year in 2020. The onset of the novel coronavirus scared people away from theaters, and scared investors away from AMC stock.</p>\n<p>During the second half of the year, however, some folks took long positions as a “recovery trade.” That didn’t work out so great, with the stock price ending the year not far from its March 2020 low point.</p>\n<p>Then came 2021 and what could aptly be described as market insanity. A growing, grassroots army of traders on the Reddit social media platform were on the hunt for short-squeeze targets, and AMC stock was one of them.</p>\n<p>And apparently, in April 2021 some social media traders and commentators are still attempting to move stock prices. They may succeed in the short term, but informed investors shouldn’t ignore the fundamentals.</p>\n<p><b>A Closer Look at AMC Stock</b></p>\n<p>We could identify not just one, but multiple “bottoms” in AMC stock. After trading at much higher prices, the stock fell to $2 and change on several occasions:</p>\n<ul>\n <li>April 13, 2020</li>\n <li>Nov. 2, 2020</li>\n <li>Jan. 5, 2021</li>\n</ul>\n<p>Clearly, this is a stock that can fly high but has demonstrated difficulty in maintaining its rallies.</p>\n<p>What took place in late January of 2021 wasn’t your run-of-the-mill rally, however.</p>\n<p>Probably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27.</p>\n<p>Just a couple of weeks later, the stock had declined to $5 and change. This just goes to show that if your timing isn’t ideal, it’s probably not a great strategy to try to capture gains from frenzied Reddit activity.</p>\n<p>Admittedly, there’s been some recovery in the AMC stock price. As of April 23, the shares were trading at $10.16.</p>\n<p><b>Words of Wisdom</b></p>\n<p>At this point, I’d like to bring up an old but still relevant quote from renowned value investor Benjamin Graham.</p>\n<p>It goes like this: “In the short run, the market is a voting machine but in the long run,it is a weighing machine.”</p>\n<p>In crazy times like this, I believe it’s important to keep these words of wisdom in mind. Basically, Graham (assuming I’m interpreting his quote correctly) is reminding investors that sentiment drives asset prices in the short run.</p>\n<p>The other part of that thought is that eventually, the company’s financials and fundamentals will actually matter. If a company is consistently profitable, the company’s stock price should be higher in the long term.</p>\n<p>I hate to be the bearer of bad news, but AMC doesn’t appear to meet that standard. When I checked on April 23, the company’s trailing 12-month earnings per share was -$39.15.</p>\n<p>That’s quite discouraging, especially for a $10 stock. Negative per-share earnings isn’t always a deal breaker for me, but -$39.15 may be too deep a hole to climb out of.</p>\n<p><b>A Day to Celebrate?</b></p>\n<p>It’s a good thing that I’m constantly reading <i>InvestorPlace</i>articles. Otherwise, I might have missed William White’s excellent primer on the social media hashtag #AMCDAY.</p>\n<p>Apparently, this is the social media trading crowd’s version of a holiday. However, this isn’t the type of holiday that involves balloons and cakes.</p>\n<p>Instead, the purpose of #AMCDAY was for investors to buy up shares of the stock and thereby send it higher. This event took place on April 22.</p>\n<p>It didn’t take long for me to find evidence of the holiday spirit surrounding this pump party on Reddit. Here’s a delightful post:</p>\n<blockquote>\n “Tomorrow is #AMCDay here’s a few things to do: Every Tweet or Comment use #AMCDay Tell Family,Friends and Colleagues about #AMCDay BUY and HOLD all the #AMC you can on #AMCDay Book yourself a Day at the #AMC movies on #AMCDay BE AN APE on #AMCDay”\n</blockquote>\n<p>There was, indeed, a quick AMC stock price spike on April 22.</p>\n<p>In case you haven’t detected my skeptical tone, though, I don’t advise a “BUY and HOLD” strategy based on hashtags – or on the short-term, Reddit-fueled voting machine in general.</p>\n<p><b>The Bottom Line</b></p>\n<p>For the long term, an “earnings first” policy is what I would recommend to informed investors amid a frenetic market environment.</p>\n<p>And when the party goers come calling, the distant but urgent voice of Ben Graham will, hopefully, snap us back to reality.</p>","source":"lsy1606302653667","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>Reddit Traders Can’t Keep AMC Entertainment Afloat Forever</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\">\nReddit Traders Can’t Keep AMC Entertainment Afloat Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:20 GMT+8 <a href=https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can all agree that movie-theater chain AMC Entertainment (NYSE:AMC) didn’t have its best year in 2020. ...</p>\n\n<a href=\"https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179080270","content_text":"Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can all agree that movie-theater chain AMC Entertainment (NYSE:AMC) didn’t have its best year in 2020. The onset of the novel coronavirus scared people away from theaters, and scared investors away from AMC stock.\nDuring the second half of the year, however, some folks took long positions as a “recovery trade.” That didn’t work out so great, with the stock price ending the year not far from its March 2020 low point.\nThen came 2021 and what could aptly be described as market insanity. A growing, grassroots army of traders on the Reddit social media platform were on the hunt for short-squeeze targets, and AMC stock was one of them.\nAnd apparently, in April 2021 some social media traders and commentators are still attempting to move stock prices. They may succeed in the short term, but informed investors shouldn’t ignore the fundamentals.\nA Closer Look at AMC Stock\nWe could identify not just one, but multiple “bottoms” in AMC stock. After trading at much higher prices, the stock fell to $2 and change on several occasions:\n\nApril 13, 2020\nNov. 2, 2020\nJan. 5, 2021\n\nClearly, this is a stock that can fly high but has demonstrated difficulty in maintaining its rallies.\nWhat took place in late January of 2021 wasn’t your run-of-the-mill rally, however.\nProbably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27.\nJust a couple of weeks later, the stock had declined to $5 and change. This just goes to show that if your timing isn’t ideal, it’s probably not a great strategy to try to capture gains from frenzied Reddit activity.\nAdmittedly, there’s been some recovery in the AMC stock price. As of April 23, the shares were trading at $10.16.\nWords of Wisdom\nAt this point, I’d like to bring up an old but still relevant quote from renowned value investor Benjamin Graham.\nIt goes like this: “In the short run, the market is a voting machine but in the long run,it is a weighing machine.”\nIn crazy times like this, I believe it’s important to keep these words of wisdom in mind. Basically, Graham (assuming I’m interpreting his quote correctly) is reminding investors that sentiment drives asset prices in the short run.\nThe other part of that thought is that eventually, the company’s financials and fundamentals will actually matter. If a company is consistently profitable, the company’s stock price should be higher in the long term.\nI hate to be the bearer of bad news, but AMC doesn’t appear to meet that standard. When I checked on April 23, the company’s trailing 12-month earnings per share was -$39.15.\nThat’s quite discouraging, especially for a $10 stock. Negative per-share earnings isn’t always a deal breaker for me, but -$39.15 may be too deep a hole to climb out of.\nA Day to Celebrate?\nIt’s a good thing that I’m constantly reading InvestorPlacearticles. Otherwise, I might have missed William White’s excellent primer on the social media hashtag #AMCDAY.\nApparently, this is the social media trading crowd’s version of a holiday. However, this isn’t the type of holiday that involves balloons and cakes.\nInstead, the purpose of #AMCDAY was for investors to buy up shares of the stock and thereby send it higher. This event took place on April 22.\nIt didn’t take long for me to find evidence of the holiday spirit surrounding this pump party on Reddit. Here’s a delightful post:\n\n “Tomorrow is #AMCDay here’s a few things to do: Every Tweet or Comment use #AMCDay Tell Family,Friends and Colleagues about #AMCDay BUY and HOLD all the #AMC you can on #AMCDay Book yourself a Day at the #AMC movies on #AMCDay BE AN APE on #AMCDay”\n\nThere was, indeed, a quick AMC stock price spike on April 22.\nIn case you haven’t detected my skeptical tone, though, I don’t advise a “BUY and HOLD” strategy based on hashtags – or on the short-term, Reddit-fueled voting machine in general.\nThe Bottom Line\nFor the long term, an “earnings first” policy is what I would recommend to informed investors amid a frenetic market environment.\nAnd when the party goers come calling, the distant but urgent voice of Ben Graham will, hopefully, snap us back to reality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377580004,"gmtCreate":1619535493608,"gmtModify":1634211960749,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377580004","repostId":"1123159959","repostType":4,"isVote":1,"tweetType":1,"viewCount":728,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375693952,"gmtCreate":1619329404076,"gmtModify":1634274180957,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375693952","repostId":"2129666173","repostType":4,"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372861573,"gmtCreate":1619191795092,"gmtModify":1634287853565,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372861573","repostId":"1144648815","repostType":4,"repost":{"id":"1144648815","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619184669,"share":"https://www.laohu8.com/m/news/1144648815?lang=&edition=full","pubTime":"2021-04-23 21:31","market":"us","language":"en","title":"Stocks open flat, head for losing week on higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1144648815","media":"Tiger Newspress","summary":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns ","content":"<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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>Stocks open flat, head for losing week on higher tax fears</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\">\nStocks open flat, head for losing week on higher tax fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-23 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144648815","content_text":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378331006,"gmtCreate":1618998805505,"gmtModify":1634289329960,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378331006","repostId":"2129942878","repostType":4,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371041265,"gmtCreate":1618895789157,"gmtModify":1634290061211,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371041265","repostId":"1196225924","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371041032,"gmtCreate":1618895744426,"gmtModify":1634290061672,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371041032","repostId":"1196225924","repostType":4,"repost":{"id":"1196225924","kind":"news","pubTimestamp":1618888063,"share":"https://www.laohu8.com/m/news/1196225924?lang=&edition=full","pubTime":"2021-04-20 11:07","market":"us","language":"en","title":"Sundial Stock Already Looked Bad, but It’s About to Get Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=1196225924","media":"InvestorPlace","summary":"This at-the-market-offering should have you dumping SNDL stock.\n\nSundial(NASDAQ:SNDL) stock is down ","content":"<blockquote>\n This at-the-market-offering should have you dumping SNDL stock.\n</blockquote>\n<p><b>Sundial</b>(NASDAQ:<b><u>SNDL</u></b>) stock is down more than 40% in the last month, and the downward spiral shows no signs of slowing. After getting a new lease on life, courtesy of r/WallStreetBets, the cannabis producer is once again in trouble.</p>\n<p>And management is not helping matters.</p>\n<p>It recently filed a prospectus for an at-the-market offering of up to $800 million. Though disappointing, the move is not surprising.</p>\n<p>Although shares have fallen almost 75% from their 52-week high, they are still trading at a dollar a pop, still up substantially from 14 cents in September. Sundial management is taking the opportunity to sell a lot of stock at this time and drum up cash.</p>\n<p>But the thing is, why is the company raising so much cash?</p>\n<p>There are no major M&As on the horizon, and the company has not made any significant investment sincepurchasing $58.9 million of senior secured debtin a subsidiary of<b>Zenabis Global</b>, a fellow Canadian recreational & medical marijuana producer.</p>\n<p>Meanwhile, all this equity is coming at the cost of existing stockholders. As<i>InvestorPlace</i>‘s Mark Hake points out in his excellent article,a majority of the stock price now consists of cash and just a small slice of it belongs to the cannabis business.</p>\n<p>This stock still has to fall a lot more. Book your profits and invest elsewhere.</p>\n<p><b>SNDL Stock and the Magic of Reddit</b></p>\n<p>Despite calls for greater regulation, Redditors remain a powerful force in the investing world.<b>Gamestop</b> (NYSE:<b>GME</b>) and other “meme stocks” such as<b>AMC Entertainment Holdings</b> (NYSE:<b>AMC</b>), <b>BlackBerry</b> (NYSE:<b>BB</b>), and <b>Nokia</b> (NYSE:<b>NOK</b>) continue to oscillate wildly.</p>\n<p>However, the Reddit fairy dust is starting to wear offfor companies like Sundial. Plus, management does not seem all too concerned with the stock price at the moment.</p>\n<p>At least that is what you feel when you see the cannabis producer is looking to raise up to$800 million in gross proceedsfrom an at-the-market offering.</p>\n<p>According to the cannabis producer, proceeds from the offering will be used for working capital and general corporate purposes and possible acquisitions or investments.</p>\n<p>As of March 15, the company’s unrestricted cash stood at $575 million. Another $800 million won’t make much of a difference unless there is something the management knows about that we don’t.</p>\n<p>Aphria-Tilray Merger Is Where the Action Is</p>\n<p>In December,<b>Aphria</b>(NASDAQ:<b><u>APHA</u></b>) and<b>Tilray</b>(NASDAQ:<b><u>TLRY</u></b>)announced they would be merging in an all-stock deal, creating the biggest pot company in the world by sales, with a combined equity value of about $3.9 billion.</p>\n<p>Although several months have passed, it’s still the biggest piece of news in the industry.</p>\n<p>Out of the two, Aphria is clearly the stronger company. Like its peers, it’s also struggling in the ailing marijuana industry. However, it has superior operating metrics in comparison to Tilray. And its stockholders hold all the aces in this merger.</p>\n<p>Under the terms of the merger agreement, Aphria shareholders will receive 0.8381 Tilray shares for each Aphria share they own. Meanwhile, Tilray shareholders will not see any adjustment to their holdings.</p>\n<p>The deal is structured as a “reverse acquisition” of Tilray. It will give Aphria shareholders 62% of the outstanding share capital of the surviving company.</p>\n<p>As we move closer to the merger close, investors will continue to take advantage of the merger arbitrage opportunity through buying Aphria and shorting Tilray in the near term.</p>\n<p>After the merger close, the company will become one of the best bets in the cannabis sector due to its scale and size. On the other hand, Sundial continues to struggle.</p>\n<p>In the last six quarters, the company hasn’t reported a single earnings beat. The top line has fallen by 17.8% in the last year, and every operating metric is in the red at the moment. Overall, SNDL stock is a very risky proposition to have in your portfolio.</p>\n<p>When you have a major M&A like the Aphria-Tilray merger to play with, one can easily guess where your attention will be for the foreseeable future in the industry.</p>\n<p><b>Bottom Line: Book Your Profits</b></p>\n<p>You should exit your position in SNDL stock as soon as possible. There is no upside in this one. Among the six analysts polled by<i>CNN Money</i>, the consensus is thatSNDL stock trading at a 28.57% premiumto its last trading price around $0.85 per share.</p>\n<p>Barring any major M&A activity, SNDL stock has only one way to go—down.</p>","source":"lsy1606302653667","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>Sundial Stock Already Looked Bad, but It’s About to Get Worse</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\">\nSundial Stock Already Looked Bad, but It’s About to Get Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 11:07 GMT+8 <a href=https://investorplace.com/2021/04/sndl-stock-looked-bad-get-worse/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This at-the-market-offering should have you dumping SNDL stock.\n\nSundial(NASDAQ:SNDL) stock is down more than 40% in the last month, and the downward spiral shows no signs of slowing. After getting a ...</p>\n\n<a href=\"https://investorplace.com/2021/04/sndl-stock-looked-bad-get-worse/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://investorplace.com/2021/04/sndl-stock-looked-bad-get-worse/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196225924","content_text":"This at-the-market-offering should have you dumping SNDL stock.\n\nSundial(NASDAQ:SNDL) stock is down more than 40% in the last month, and the downward spiral shows no signs of slowing. After getting a new lease on life, courtesy of r/WallStreetBets, the cannabis producer is once again in trouble.\nAnd management is not helping matters.\nIt recently filed a prospectus for an at-the-market offering of up to $800 million. Though disappointing, the move is not surprising.\nAlthough shares have fallen almost 75% from their 52-week high, they are still trading at a dollar a pop, still up substantially from 14 cents in September. Sundial management is taking the opportunity to sell a lot of stock at this time and drum up cash.\nBut the thing is, why is the company raising so much cash?\nThere are no major M&As on the horizon, and the company has not made any significant investment sincepurchasing $58.9 million of senior secured debtin a subsidiary ofZenabis Global, a fellow Canadian recreational & medical marijuana producer.\nMeanwhile, all this equity is coming at the cost of existing stockholders. AsInvestorPlace‘s Mark Hake points out in his excellent article,a majority of the stock price now consists of cash and just a small slice of it belongs to the cannabis business.\nThis stock still has to fall a lot more. Book your profits and invest elsewhere.\nSNDL Stock and the Magic of Reddit\nDespite calls for greater regulation, Redditors remain a powerful force in the investing world.Gamestop (NYSE:GME) and other “meme stocks” such asAMC Entertainment Holdings (NYSE:AMC), BlackBerry (NYSE:BB), and Nokia (NYSE:NOK) continue to oscillate wildly.\nHowever, the Reddit fairy dust is starting to wear offfor companies like Sundial. Plus, management does not seem all too concerned with the stock price at the moment.\nAt least that is what you feel when you see the cannabis producer is looking to raise up to$800 million in gross proceedsfrom an at-the-market offering.\nAccording to the cannabis producer, proceeds from the offering will be used for working capital and general corporate purposes and possible acquisitions or investments.\nAs of March 15, the company’s unrestricted cash stood at $575 million. Another $800 million won’t make much of a difference unless there is something the management knows about that we don’t.\nAphria-Tilray Merger Is Where the Action Is\nIn December,Aphria(NASDAQ:APHA) andTilray(NASDAQ:TLRY)announced they would be merging in an all-stock deal, creating the biggest pot company in the world by sales, with a combined equity value of about $3.9 billion.\nAlthough several months have passed, it’s still the biggest piece of news in the industry.\nOut of the two, Aphria is clearly the stronger company. Like its peers, it’s also struggling in the ailing marijuana industry. However, it has superior operating metrics in comparison to Tilray. And its stockholders hold all the aces in this merger.\nUnder the terms of the merger agreement, Aphria shareholders will receive 0.8381 Tilray shares for each Aphria share they own. Meanwhile, Tilray shareholders will not see any adjustment to their holdings.\nThe deal is structured as a “reverse acquisition” of Tilray. It will give Aphria shareholders 62% of the outstanding share capital of the surviving company.\nAs we move closer to the merger close, investors will continue to take advantage of the merger arbitrage opportunity through buying Aphria and shorting Tilray in the near term.\nAfter the merger close, the company will become one of the best bets in the cannabis sector due to its scale and size. On the other hand, Sundial continues to struggle.\nIn the last six quarters, the company hasn’t reported a single earnings beat. The top line has fallen by 17.8% in the last year, and every operating metric is in the red at the moment. Overall, SNDL stock is a very risky proposition to have in your portfolio.\nWhen you have a major M&A like the Aphria-Tilray merger to play with, one can easily guess where your attention will be for the foreseeable future in the industry.\nBottom Line: Book Your Profits\nYou should exit your position in SNDL stock as soon as possible. There is no upside in this one. Among the six analysts polled byCNN Money, the consensus is thatSNDL stock trading at a 28.57% premiumto its last trading price around $0.85 per share.\nBarring any major M&A activity, SNDL stock has only one way to go—down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373364978,"gmtCreate":1618823102394,"gmtModify":1634290676901,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/373364978","repostId":"1165295576","repostType":4,"isVote":1,"tweetType":1,"viewCount":821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}