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2021-12-26

Dont just blindly follow. Always do ur homework before entering

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2021-07-02

Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.

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2021-06-20

🤩

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2021-06-30

Clov is just a distraction

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2021-06-23

Wat a distraction

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2021-12-29

Must be kidding to sell tesla

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2021-12-26

Sometime things just dont go the way we want

A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote>

2021-06-18

Come on.. dont be paper hand. This is psychology game, lets not be scare and stay strong together!

AMC: Danger Signals For Investors And Speculators<blockquote>AMC：投资者和投机者的危险信号</blockquote>

2021-12-23

Hopefully

Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote>

2021-06-30

Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!

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be kidding to sell tesla","listText":"Must be kidding to sell tesla","text":"Must be kidding to sell tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696770161","repostId":"2195545489","repostType":4,"isVote":1,"tweetType":1,"viewCount":4793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698432426,"gmtCreate":1640488222393,"gmtModify":1640488222551,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Sometime things just dont go the way we want","listText":"Sometime things just dont go the way we want","text":"Sometime things just dont go the way we 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The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年，Ocugen（纳斯达克股票代码：OCGN）股票仍然是表现最好的股票之一。在此期间，该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></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>A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nA Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-26 10:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年，Ocugen（纳斯达克股票代码：OCGN）股票仍然是表现最好的股票之一。在此期间，该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"source_url":"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144001147","content_text":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.\nHowever, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with Bharat Biotech. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.\nBeyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.\nOcugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.\nLet’s talk about the reasons to be bearish.\nFDA Approval Remains Elusive\nPfizer(NYSE:PFE) and Moderna(NASDAQ:MRNA) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.\nBack in June, the biotech company’s application for emergency use authorization was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.\nIn November, Ocugen announced that the FDA has “issued a clinical hold on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.\nThe key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.\nIn July, Ocugen had also initiated a rolling submission to Health Canada for the vaccine. There is no positive news on that front either.\nLet’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.\nCan Omicron Provide a Lifeline for OCGN Stock?\nThe omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are currently studying the effectiveness of the vaccine against the variant.\nIf the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.\nFirst and foremost, Moderna has announced that its Covid-19 booster increases neutralizing antibodies 37-fold against Omicron variant.\nFurthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold compared to two doses against the Omicron variant.”\nClearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.\nPeople who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.\nIt’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.\nOCGN Stock Will Trend Lower\nOCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.\nThe company is building a pipeline of drugs for various indications. However, the pipeline for various indications is still at a pre-clinical stage.\nThe stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.\nIt also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.","news_type":1,"symbols_score_info":{"OCGN":0.9}},"isVote":1,"tweetType":1,"viewCount":3807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698432028,"gmtCreate":1640488078281,"gmtModify":1640488078488,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Dont just blindly follow. Always do ur homework before entering","listText":"Dont just blindly follow. Always do ur homework before entering","text":"Dont just blindly follow. Always do ur homework before entering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698432028","repostId":"2193178197","repostType":4,"isVote":1,"tweetType":1,"viewCount":3176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698436551,"gmtCreate":1640487990867,"gmtModify":1640494344863,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Apple is have a strong upside. But have to do your homework before entering","listText":"Apple is have a strong upside. But have to do your homework before entering","text":"Apple is have a strong upside. But have to do your homework before entering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698436551","repostId":"2193781141","repostType":4,"isVote":1,"tweetType":1,"viewCount":3584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691453985,"gmtCreate":1640231094425,"gmtModify":1640231094594,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Looking forward to it","listText":"Looking forward to it","text":"Looking forward to it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691453985","repostId":"1141555850","repostType":4,"repost":{"id":"1141555850","kind":"news","pubTimestamp":1640226334,"share":"https://www.laohu8.com/m/news/1141555850?lang=zh_CN&edition=full","pubTime":"2021-12-23 10:25","market":"us","language":"en","title":"Apple Stock: Will The Apple Car Be The Ultimate ‘Tesla Killer?’<blockquote>苹果股票：苹果汽车会成为最终的“特斯拉杀手”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141555850","media":"TheStreet","summary":"Apple’s EV catalyst may help to boost returns in the long run. But in the near-term, it’s likely alr","content":"<p>Apple’s EV catalyst may help to boost returns in the long run. But in the near-term, it’s likely already priced into AAPL stock.</p><p><blockquote>从长远来看，苹果的电动汽车催化剂可能有助于提高回报。但在短期内，它可能已经反映在苹果公司的股票中。</blockquote></p><p> Last week, we broke down Apple stock&nbsp;and its metaverse catalyst. Specifically, why the tech giant’s move into AR (augmented reality) and VR (virtual reality) hardware may give shares&nbsp;only a slight boost, at best.</p><p><blockquote>上周，我们分析了苹果股票及其元宇宙催化剂。具体来说，为什么这家科技巨头进军AR（增强现实）和VR（虚拟现实）硬件最多只能给股价带来小幅提振。</blockquote></p><p> Now, let’s look at a potential catalyst that may be more of a needle-mover: the company’s Apple Car project. If its development and launch are successful, it’s not far-fetched to believe this fully autonomous electric vehicle (EV) could give top early-stage names in this space, like Lucid&nbsp;and Rivian, a run for their money.</p><p><blockquote>现在，让我们看看一个潜在的催化剂，它可能更像是一个推动因素：该公司的苹果汽车项目。如果其开发和推出成功，相信这款全自动电动汽车(EV)可以与Lucid和Rivian等该领域的顶级早期品牌竞争并不牵强。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba4c0f33eddb42a2022a11999bb87bf2\" tg-width=\"1240\" tg-height=\"698\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple Car prototype.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果汽车原型。</span></p></blockquote></p><p> Not only that, but the Apple Car may also have a shot of grabbing substantial market share from current leader Tesla. However, before putting in a buy order, let’s take a closer look at this catalyst, and its potential near and long-term impact on Apple shares.</p><p><blockquote>不仅如此，苹果汽车还可能有机会从目前的领导者特斯拉手中夺取大量市场份额。然而，在下买入订单之前，让我们仔细看看这种催化剂及其对苹果股票的潜在近期和长期影响。</blockquote></p><p> <b>AAPL Stock and its Apple Car Catalyst</b></p><p><blockquote><b>AAPL股票及其苹果汽车催化剂</b></blockquote></p><p> Before diving in, here’s a brief overview of Apple and its EV project. For years, the company has been at work developing an electric vehicle.</p><p><blockquote>在深入研究之前，先简要介绍一下苹果及其电动汽车项目。多年来，该公司一直致力于开发电动汽车。</blockquote></p><p> Before, it was designing both a limited self-driving vehicle, as well as a fully self-driving vehicle. Working on both projects at the same time made sense. It would enable it to launch an EV before fully autonomous capabilities became available.</p><p><blockquote>之前，它既设计了一款有限的自动驾驶汽车，也设计了一款全自动驾驶汽车。同时做这两个项目是有意义的。这将使其能够在完全自主功能可用之前推出电动汽车。</blockquote></p><p> But now, with a new leader in charge of the project (Kevin Lynch),Apple is putting all its eggs in the fully autonomous basket. Speeding up its timeline, the company is targeting a 2025 release date for its fully autonomous EV.</p><p><blockquote>但现在，随着负责该项目的新领导人（Kevin Lynch），苹果正在将所有鸡蛋放在完全自主的篮子里。该公司加快了时间表，目标是2025年发布全自动电动汽车。</blockquote></p><p> Given its track record, there are high expectations that Apple will meet this deadline and bring out a possible “Tesla killer” in less than four years. However, that’s not to say it’s a foregone conclusion.</p><p><blockquote>鉴于其过去的记录，人们对苹果将在这一最后期限前完成并在不到四年的时间里拿出一个可能的“特斯拉杀手”抱有很高的期望。然而，这并不是说这已成定局。</blockquote></p><p> <b>The Apple Maven’s Take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> Unlike its metaverse catalyst, the Apple Car may offer a lot more upside potential. As Morgan Stanley’s Katy Huberty argued back in November, its launch of a fully self-driving EV could ultimately&nbsp;double both its revenue and market cap.</p><p><blockquote>与元宇宙催化剂不同，苹果汽车可能会提供更大的上涨潜力。正如摩根士丹利(Morgan Stanley)的凯蒂·休伯蒂(Katy Huberty)去年11月所言，其推出全自动驾驶电动汽车最终可能会使其收入和市值翻一番。</blockquote></p><p> The sell-side analyst pointed to many factors to support her case — the company’s large customer base, for one. Also, there is Apple’s past success diving into uncharted territory. For example, the company was a latecomer to mobile communication devices when it launched the iPhone, but it currently holds&nbsp;23%&nbsp;of the market and growing.</p><p><blockquote>这位卖方分析师指出了许多因素来支持她的观点，其中之一是该公司庞大的客户群。此外，还有苹果过去潜入未知领域的成功。例如，该公司在推出iPhone时是移动通信设备的后来者，但目前它占据了23%的市场份额，并且还在增长。</blockquote></p><p> That said, while it has a strong chance of finding success, the Apple Car could still hiccup moving to the delivery stage. In fact, it’s already dealing with some hurdles right now, as seen from recent news of the project&nbsp;losing key engineers to rivals.</p><p><blockquote>也就是说，虽然苹果汽车取得成功的机会很大，但在进入交付阶段时仍可能遇到困难。事实上，它现在已经在应对一些障碍，从最近该项目将关键工程师输给竞争对手的消息就可以看出。</blockquote></p><p> On top of this, with AAPL stock&nbsp;already trading at a stretched forward earnings multiple, this catalyst may already be factored into its valuation. Ms. Huberty sees EV as something that could one day double the share price. Still, her current price target of $200 per share is less than 20% above the $170 per share that AAPL trades for today — suggesting that much of the Apple Car upside to the stock may not come until beyond 2022.</p><p><blockquote>最重要的是，由于苹果公司股票的预期市盈率已经很高，这一催化剂可能已经计入其估值中。休伯蒂女士认为电动汽车有一天可能会使股价翻倍。尽管如此，她目前每股200美元的目标价比AAPL今天每股170美元的交易价格高出不到20%，这表明苹果汽车对该股的大部分上涨可能要到2022年之后才会出现。</blockquote></p><p> Bottom line: the Apple Car may be something that helps the company and stock deliver solid long-term financial results and market gains, respectively. At the same time, it may fail to give shares a big jolt in the coming months.</p><p><blockquote>底线：苹果汽车可能会分别帮助公司和股票实现稳健的长期财务业绩和市场收益。与此同时，它可能无法在未来几个月给股价带来大的震动。</blockquote></p><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>Apple Stock: Will The Apple Car Be The Ultimate ‘Tesla Killer?’<blockquote>苹果股票：苹果汽车会成为最终的“特斯拉杀手”吗？</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nApple Stock: Will The Apple Car Be The Ultimate ‘Tesla Killer?’<blockquote>苹果股票：苹果汽车会成为最终的“特斯拉杀手”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-12-23 10:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple’s EV catalyst may help to boost returns in the long run. But in the near-term, it’s likely already priced into AAPL stock.</p><p><blockquote>从长远来看，苹果的电动汽车催化剂可能有助于提高回报。但在短期内，它可能已经反映在苹果公司的股票中。</blockquote></p><p> Last week, we broke down Apple stock&nbsp;and its metaverse catalyst. Specifically, why the tech giant’s move into AR (augmented reality) and VR (virtual reality) hardware may give shares&nbsp;only a slight boost, at best.</p><p><blockquote>上周，我们分析了苹果股票及其元宇宙催化剂。具体来说，为什么这家科技巨头进军AR（增强现实）和VR（虚拟现实）硬件最多只能给股价带来小幅提振。</blockquote></p><p> Now, let’s look at a potential catalyst that may be more of a needle-mover: the company’s Apple Car project. If its development and launch are successful, it’s not far-fetched to believe this fully autonomous electric vehicle (EV) could give top early-stage names in this space, like Lucid&nbsp;and Rivian, a run for their money.</p><p><blockquote>现在，让我们看看一个潜在的催化剂，它可能更像是一个推动因素：该公司的苹果汽车项目。如果其开发和推出成功，相信这款全自动电动汽车(EV)可以与Lucid和Rivian等该领域的顶级早期品牌竞争并不牵强。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba4c0f33eddb42a2022a11999bb87bf2\" tg-width=\"1240\" tg-height=\"698\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple Car prototype.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果汽车原型。</span></p></blockquote></p><p> Not only that, but the Apple Car may also have a shot of grabbing substantial market share from current leader Tesla. However, before putting in a buy order, let’s take a closer look at this catalyst, and its potential near and long-term impact on Apple shares.</p><p><blockquote>不仅如此，苹果汽车还可能有机会从目前的领导者特斯拉手中夺取大量市场份额。然而，在下买入订单之前，让我们仔细看看这种催化剂及其对苹果股票的潜在近期和长期影响。</blockquote></p><p> <b>AAPL Stock and its Apple Car Catalyst</b></p><p><blockquote><b>AAPL股票及其苹果汽车催化剂</b></blockquote></p><p> Before diving in, here’s a brief overview of Apple and its EV project. For years, the company has been at work developing an electric vehicle.</p><p><blockquote>在深入研究之前，先简要介绍一下苹果及其电动汽车项目。多年来，该公司一直致力于开发电动汽车。</blockquote></p><p> Before, it was designing both a limited self-driving vehicle, as well as a fully self-driving vehicle. Working on both projects at the same time made sense. It would enable it to launch an EV before fully autonomous capabilities became available.</p><p><blockquote>之前，它既设计了一款有限的自动驾驶汽车，也设计了一款全自动驾驶汽车。同时做这两个项目是有意义的。这将使其能够在完全自主功能可用之前推出电动汽车。</blockquote></p><p> But now, with a new leader in charge of the project (Kevin Lynch),Apple is putting all its eggs in the fully autonomous basket. Speeding up its timeline, the company is targeting a 2025 release date for its fully autonomous EV.</p><p><blockquote>但现在，随着负责该项目的新领导人（Kevin Lynch），苹果正在将所有鸡蛋放在完全自主的篮子里。该公司加快了时间表，目标是2025年发布全自动电动汽车。</blockquote></p><p> Given its track record, there are high expectations that Apple will meet this deadline and bring out a possible “Tesla killer” in less than four years. However, that’s not to say it’s a foregone conclusion.</p><p><blockquote>鉴于其过去的记录，人们对苹果将在这一最后期限前完成并在不到四年的时间里拿出一个可能的“特斯拉杀手”抱有很高的期望。然而，这并不是说这已成定局。</blockquote></p><p> <b>The Apple Maven’s Take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> Unlike its metaverse catalyst, the Apple Car may offer a lot more upside potential. As Morgan Stanley’s Katy Huberty argued back in November, its launch of a fully self-driving EV could ultimately&nbsp;double both its revenue and market cap.</p><p><blockquote>与元宇宙催化剂不同，苹果汽车可能会提供更大的上涨潜力。正如摩根士丹利(Morgan Stanley)的凯蒂·休伯蒂(Katy Huberty)去年11月所言，其推出全自动驾驶电动汽车最终可能会使其收入和市值翻一番。</blockquote></p><p> The sell-side analyst pointed to many factors to support her case — the company’s large customer base, for one. Also, there is Apple’s past success diving into uncharted territory. For example, the company was a latecomer to mobile communication devices when it launched the iPhone, but it currently holds&nbsp;23%&nbsp;of the market and growing.</p><p><blockquote>这位卖方分析师指出了许多因素来支持她的观点，其中之一是该公司庞大的客户群。此外，还有苹果过去潜入未知领域的成功。例如，该公司在推出iPhone时是移动通信设备的后来者，但目前它占据了23%的市场份额，并且还在增长。</blockquote></p><p> That said, while it has a strong chance of finding success, the Apple Car could still hiccup moving to the delivery stage. In fact, it’s already dealing with some hurdles right now, as seen from recent news of the project&nbsp;losing key engineers to rivals.</p><p><blockquote>也就是说，虽然苹果汽车取得成功的机会很大，但在进入交付阶段时仍可能遇到困难。事实上，它现在已经在应对一些障碍，从最近该项目将关键工程师输给竞争对手的消息就可以看出。</blockquote></p><p> On top of this, with AAPL stock&nbsp;already trading at a stretched forward earnings multiple, this catalyst may already be factored into its valuation. Ms. Huberty sees EV as something that could one day double the share price. Still, her current price target of $200 per share is less than 20% above the $170 per share that AAPL trades for today — suggesting that much of the Apple Car upside to the stock may not come until beyond 2022.</p><p><blockquote>最重要的是，由于苹果公司股票的预期市盈率已经很高，这一催化剂可能已经计入其估值中。休伯蒂女士认为电动汽车有一天可能会使股价翻倍。尽管如此，她目前每股200美元的目标价比AAPL今天每股170美元的交易价格高出不到20%，这表明苹果汽车对该股的大部分上涨可能要到2022年之后才会出现。</blockquote></p><p> Bottom line: the Apple Car may be something that helps the company and stock deliver solid long-term financial results and market gains, respectively. At the same time, it may fail to give shares a big jolt in the coming months.</p><p><blockquote>底线：苹果汽车可能会分别帮助公司和股票实现稳健的长期财务业绩和市场收益。与此同时，它可能无法在未来几个月给股价带来大的震动。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/other-products/apple-stock-will-the-apple-car-be-the-ultimate-tesla-killer\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/apple/other-products/apple-stock-will-the-apple-car-be-the-ultimate-tesla-killer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141555850","content_text":"Apple’s EV catalyst may help to boost returns in the long run. But in the near-term, it’s likely already priced into AAPL stock.\nLast week, we broke down Apple stock and its metaverse catalyst. Specifically, why the tech giant’s move into AR (augmented reality) and VR (virtual reality) hardware may give shares only a slight boost, at best.\nNow, let’s look at a potential catalyst that may be more of a needle-mover: the company’s Apple Car project. If its development and launch are successful, it’s not far-fetched to believe this fully autonomous electric vehicle (EV) could give top early-stage names in this space, like Lucid and Rivian, a run for their money.\nFigure 1: Apple Car prototype.\nNot only that, but the Apple Car may also have a shot of grabbing substantial market share from current leader Tesla. However, before putting in a buy order, let’s take a closer look at this catalyst, and its potential near and long-term impact on Apple shares.\nAAPL Stock and its Apple Car Catalyst\nBefore diving in, here’s a brief overview of Apple and its EV project. For years, the company has been at work developing an electric vehicle.\nBefore, it was designing both a limited self-driving vehicle, as well as a fully self-driving vehicle. Working on both projects at the same time made sense. It would enable it to launch an EV before fully autonomous capabilities became available.\nBut now, with a new leader in charge of the project (Kevin Lynch),Apple is putting all its eggs in the fully autonomous basket. Speeding up its timeline, the company is targeting a 2025 release date for its fully autonomous EV.\nGiven its track record, there are high expectations that Apple will meet this deadline and bring out a possible “Tesla killer” in less than four years. However, that’s not to say it’s a foregone conclusion.\nThe Apple Maven’s Take\nUnlike its metaverse catalyst, the Apple Car may offer a lot more upside potential. As Morgan Stanley’s Katy Huberty argued back in November, its launch of a fully self-driving EV could ultimately double both its revenue and market cap.\nThe sell-side analyst pointed to many factors to support her case — the company’s large customer base, for one. Also, there is Apple’s past success diving into uncharted territory. For example, the company was a latecomer to mobile communication devices when it launched the iPhone, but it currently holds 23% of the market and growing.\nThat said, while it has a strong chance of finding success, the Apple Car could still hiccup moving to the delivery stage. In fact, it’s already dealing with some hurdles right now, as seen from recent news of the project losing key engineers to rivals.\nOn top of this, with AAPL stock already trading at a stretched forward earnings multiple, this catalyst may already be factored into its valuation. Ms. Huberty sees EV as something that could one day double the share price. Still, her current price target of $200 per share is less than 20% above the $170 per share that AAPL trades for today — suggesting that much of the Apple Car upside to the stock may not come until beyond 2022.\nBottom line: the Apple Car may be something that helps the company and stock deliver solid long-term financial results and market gains, respectively. At the same time, it may fail to give shares a big jolt in the coming months.","news_type":1,"symbols_score_info":{"TSLA":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691459786,"gmtCreate":1640231066064,"gmtModify":1640231066237,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Hopefully&nbsp;","listText":"Hopefully&nbsp;","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691459786","repostId":"1101189169","repostType":4,"repost":{"id":"1101189169","kind":"news","pubTimestamp":1640227692,"share":"https://www.laohu8.com/m/news/1101189169?lang=zh_CN&edition=full","pubTime":"2021-12-23 10:48","market":"us","language":"en","title":"Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101189169","media":"InvestorPlace","summary":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:U","content":"<p><div> The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop ...</p><p><blockquote><div>在斯蒂芬·库里和安德玛（纽约证券交易所代码：UA，纽约证券交易所代码：UAA）宣布新系列后，不可替代的代币浪潮今天没有止境。金州勇士队正在纪念库里的新纪录...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页连接</a></blockquote></p><p></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>Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nIs Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-23 10:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop ...</p><p><blockquote><div>在斯蒂芬·库里和安德玛（纽约证券交易所代码：UA，纽约证券交易所代码：UAA）宣布新系列后，不可替代的代币浪潮今天没有止境。金州勇士队正在纪念库里的新纪录...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAA":"安德玛公司A类股"},"source_url":"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101189169","content_text":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop the NBA’s all-time three-point shooter list with a collection of NFTs. These wearable collectibles are replicas of his namesake “Curry Flow 9” Under Armour sneakers, which Curry wore when he broke the record on Dec. 14. UA stock has reacted mildly to the news so far, but you can never count out NFT mania.\nWhat do you need to know about this latest metaverse endeavor?\nThe Genesis Curry Flow NFT collection marks the first venture into the metaverse for Under Amour. The collection is the first wearable, cross-platform sneaker NFT. What does this mean? Users across three different metaverses can access them.Decentraland(CCC:MANA-USD),The Sandbox(CCC:SAND-USD) and Gala Games(CCC:GALA-USD) will each have their own style of the sneaker,with modest differences in color and shape.\nEwen Cameron, the founder of Berlin Cameron, the creative agency supporting the NFT launch, commented on the latest release:\n\n “With the stature of Stephen’s achievement, we wanted to do something thattruly changed the metaverse game for good, and so the notion of the first sneaker that can travel across the platform and have genuine functionality and performance was born.”\n\nThe Under Armour collection dropped on Dec. 21. Proceeds benefit children’s sports charities.\nIs Steph Curry NFT News Enough to Rally UA Stock?\nUnder Armour is following competitors Nike(NYSE:NKE) and Adidas(OTCMKTS:ADDYY) into the metaverse. And this really does make sense. The metaverse is set to become a $1 trillion industry, and UA clearly sees the potential.\nJust this month, Adidasannounceda “leap” into the metaverse with a collection of limited-edition NFTs. Nike is taking it a step further with the introduction of its own virtual playscape, “Nikeland.” Built on top of the wildly popular Roblox(NYSE:RBLX) sandbox, the metaverse will act as a platform for Nike fans to play and build. The shoe giant plans on incorporating the Ethereum blockchain to link identification codes to its products as an anti-counterfeit measure.\nInterestingly, each of the three companies has only seen mild reactions in their stock prices following the announcements. UA stock is actually down slightly on the day. In fact, UA and UAA shares have largely traded sideways in the last few years.\nBut there is room for hope, though. The NBA remains one of the most aggressive sports leagues in terms of relevant NFT and crypto exposure. In just a few days, the Staples Center, home of the Los Angeles Lakers, will change its name to the “Crypto.com Arena” as part of a $700 million dollar deal.\nWhile this may mark the beginning of Under Armour’s crypto campaign, it’s not a stretch to assume more is in store. For UA stock fans, the metaverse could be a blessing.","news_type":1,"symbols_score_info":{"UAA":0.9}},"isVote":1,"tweetType":1,"viewCount":3785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691459083,"gmtCreate":1640230996669,"gmtModify":1640231311004,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Strong upside","listText":"Strong upside","text":"Strong upside","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691459083","repostId":"1164467804","repostType":4,"repost":{"id":"1164467804","kind":"news","pubTimestamp":1640230809,"share":"https://www.laohu8.com/m/news/1164467804?lang=zh_CN&edition=full","pubTime":"2021-12-23 11:40","market":"us","language":"en","title":"Are there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164467804","media":"Seeking Alpha","summary":"Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.This has led some to say that the stock is in a bubble, as its price is rising rapidly.However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.Apple Inc. stock has delivered a solid performance in 2021. U","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.</li>  <li>This has led some to say that the stock is in a bubble, as its price is rising rapidly.</li>  <li>However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.</li>  <li>In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股价今年已上涨34%，大幅跑赢纳斯达克100指数。</li><li>这导致一些人说该股存在泡沫，因为其价格正在迅速上涨。</li><li>然而，苹果的股价涨幅与收入增长大致一致，实际上慢于最近一个季度的每股收益增长。</li><li>在本文中，我将对苹果提出看涨论点，认为它拥有宽阔的护城河，将推动未来的增长和盈利能力。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p> <b>Apple Inc.</b>(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&amp;P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.</p><p><blockquote><b>苹果公司。</b>(AAPL)股票在2021年表现稳健。该指数今年上涨了35%，表现强劲，优于纳斯达克100指数和标普500。苹果的2021年业绩是该公司长期获胜的最新一年，它表明股票永远不会太大而无法击败市场。</blockquote></p><p> With that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:</p><p><blockquote>话虽如此，仍有不少人认为苹果的胜利应该得到修正。最近几周，我们看到大量文章声称AAPL被高估，标题如下：</blockquote></p><p> <ul>  <li><i>“Apple Stock is Now a Bubble.”</i></p><p><blockquote><ul><li><i>“苹果股票现在是泡沫。”</i></li></ul></blockquote></p><p></li>  <li><i>“Why Apple Stock May Be a Bubble That’s Ready to Burst.”</i></p><p><blockquote><li><i>“为什么苹果股票可能是一个即将破裂的泡沫。”</i></li></blockquote></p><p></li>  <li><i>“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”</i></p><p><blockquote><li><i>“出售AAPL？为什么这位专家认为苹果股价下跌12%”</i></li></blockquote></p><p></li> </ul> Not all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at&nbsp;TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.</p><p><blockquote>并非所有这些文章都明确悲观。一些人提到了积极的一面和消极的一面。但总体而言，认为苹果是泡沫，或者至少被高估的情绪正在变得普遍。如果你看看TipRanks的情绪图表，就会发现对苹果股票的情绪明显负面。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8357bc3eaf626336dbf12b2ff1f410\" tg-width=\"485\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><span>Source: TipRanks’ sentiment chart</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TipRanks情绪图</span></p></blockquote></p><p> The bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward&nbsp;<b>Meta Platforms</b>(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.</p><p><blockquote>当我们将投资者对苹果的悲观情绪与对<b>元平台</b>（FB）。Meta是一家因违反反垄断法而被起诉并每天受到媒体攻击的公司，其情绪得分几乎完美。因此，没有什么特殊的科技诅咒可以保证对该行业个股的负面情绪。苹果的情绪问题确实是自己的问题。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/68bc8cf3f8fc200c2b7a9c85e69cc9f2\" tg-width=\"488\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Which begs the question:</p><p><blockquote>这就引出了一个问题：</blockquote></p><p> <i>Why?</i></p><p><blockquote><i>为什么？</i></blockquote></p><p> Apple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage –&nbsp;<b>Nintendo</b>(OTCPK:NTDOY) being one exception, if you count gaming as tech.</p><p><blockquote>苹果是一只拥有宽护城河的股票，是少数几家同时控制大多数用户硬件和软件的科技公司之一。许多公司都试图复制苹果通过整合硬件和应用程序来实现收入最大化的策略，但很少有人成功。如果你想要IOS或Mac OS体验，你需要一部iPhone或Mac。数十亿人想要这些体验，足以支付高价购买苹果的产品。很少有其他科技公司拥有这样的优势——<b>任天堂</b>(OTCPK：NTDOY)如果您将游戏视为技术，则是一个例外。</blockquote></p><p> This makes Apple arguably a&nbsp;wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated&nbsp;Apple ecosystem.</p><p><blockquote>这使得苹果可以说是一只拥有宽阔护城河的股票。你需要苹果硬件来运行苹果软件，人们喜欢苹果软件。这使得苹果“垄断”了某一套软件体验。它并不垄断任何特定的设备类别，但它是唯一一家能够提供集成苹果生态系统的公司。</blockquote></p><p> This advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the&nbsp;fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.</p><p><blockquote>这一优势为苹果股东带来了红利——无论是象征性的还是字面上的。按市值计算，苹果是全球最大的公司，按收入计算，它是全球第四大公司。近年来，其收入增长率有所放缓，但某些细分市场（如手表和服务）的增长速度比以往任何时候都快。因此，苹果似乎仍然具有显着盈利和增长的潜力。因此，我将在本文中对苹果提出看涨论点，认为其坚实的经济护城河为其股票未来升值提供了潜力。</blockquote></p><p> <b>Competitive Landscape</b></p><p><blockquote><b>竞争格局</b></blockquote></p><p> One of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments&nbsp;and entertainment.</p><p><blockquote>了解苹果最重要的一点是它的竞争地位。该公司在如此广泛的不同市场开展业务，以至于很难确定其业务不仅仅是“技术”。从技术上讲，该公司的SIC代码（行业分类）是7372，表示“预打包软件”。然而，这并没有涵盖苹果业务活动的全部范围，因为它还涉及硬件、半导体、支付和娱乐。</blockquote></p><p> Some of Apple’s most noteworthy competitors include:</p><p><blockquote>苹果最值得注意的一些竞争对手包括：</blockquote></p><p> <ul>  <li><b>Samsung</b>(OTC:SSNLF) - smartphones.</p><p><blockquote><ul><li><b>三星</b>（场外交易代码：SSNLF）-智能手机。</li></ul></blockquote></p><p></li>  <li><b>Huawei</b>- smartphones.</p><p><blockquote><li><b>华为</b>-智能手机。</li></blockquote></p><p></li>  <li><b>Alphabet</b>(GOOG) - smartphones, laptops, and software.</p><p><blockquote><li><b>Alphabet</b>(GOOG)-智能手机、笔记本电脑和软件。</li></blockquote></p><p></li>  <li><b>Microsoft</b>(MSFT) - laptops.</p><p><blockquote><li><b>微软</b>（MSFT）-笔记本电脑。</li></blockquote></p><p></li>  <li><b>Dell</b>(NYSE:DELL)- laptops.</p><p><blockquote><li><b>戴尔</b>（纽约证券交易所代码：戴尔）-笔记本电脑。</li></blockquote></p><p></li>  <li><b>Adobe</b>(ADBE) - creative software.</p><p><blockquote><li><b>土坯</b>（ADBE）-创意软件。</li></blockquote></p><p></p><p></li>  <li>And many more.</p><p><blockquote><li>还有更多。</li></blockquote></p><p></li> </ul> A comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.</p><p><blockquote>苹果的竞争对手的全面名单是不可能的，因为该公司在许多不同的垂直领域开展业务。除了上述所有名称之外，苹果可以说还在与大型半导体公司竞争，因为它销售采用苹果芯片的手机和笔记本电脑。苹果是最全面的科技公司之一，拥有庞大的硬件、软件和服务阵容，使其与数十家公司展开默契竞争。</blockquote></p><p> How is Apple doing in the industries it competes in? According to&nbsp;Counterpoint Research&nbsp;and Statista, Apple’s market shares include:</p><p><blockquote>苹果在其竞争的行业中表现如何？根据Counterpoint Research和Statista的数据，苹果的市场份额包括：</blockquote></p><p> <ul>  <li>Smartphones: 47% in the US and 14% globally.</p><p><blockquote><ul><li>智能手机：美国占47%，全球占14%。</li></ul></blockquote></p><p></li>  <li>Laptops: 15% in the US and 7.6% globally.</p><p><blockquote><li>笔记本电脑：美国15%，全球7.6%。</li></blockquote></p><p></li>  <li>Smartwatches: over 50% globally.</p><p><blockquote><li>智能手表：全球超过50%。</li></blockquote></p><p></li>  <li>Tablets: 35% globally.</p><p><blockquote><li>平板电脑：全球35%。</li></blockquote></p><p></li> </ul> On the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and&nbsp;sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.</p><p><blockquote>总体而言，苹果在其大部分市场都处于第一或第二的位置。它在智能手机销量方面落后于三星，但在手表和平板电脑方面领先。这是一个相当不错的市场地位。它可能会随着时间的推移而增长。苹果的一些产品类别仍然相当新。该公司最近才涉足智能手表领域，该类别的销售额正以50%的速度增长。苹果最近因增长放缓而受到批评，但该公司产品线中的某些产品增长速度比以往任何时候都快。这为未来的强劲增长提供了潜力。</blockquote></p><p> <b>The M1 Chip and Apple Services</b></p><p><blockquote><b>M1芯片和苹果服务</b></blockquote></p><p> Speaking of future growth, it’s worth exploring two of Apple’s most promising categories:</p><p><blockquote>说到未来的增长，值得探索苹果最有前途的两个类别：</blockquote></p><p> <i>The M1 Chip and Apple Services.</i></p><p><blockquote><i>M1芯片和苹果服务。</i></blockquote></p><p> The M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:</p><p><blockquote>M1芯片（现在实际上是M1家族芯片）是苹果基于ARM架构设计的新型芯片。基本配置拥有：</blockquote></p><p> <ul>  <li>An 8-core CPU.</p><p><blockquote><ul><li>一个8核CPU。</li></ul></blockquote></p><p></li>  <li>A 7-core GPU.</p><p><blockquote><li>7核GPU。</li></blockquote></p><p></li>  <li>8 or 16 gigs of RAM (physically built into the chip).</p><p><blockquote><li>8或16 GB内存（物理内置在芯片中）。</li></blockquote></p><p></li>  <li>5nm process.</p><p><blockquote><li>5nm工艺。</li></blockquote></p><p></li>  <li>16 billion transistors.</p><p><blockquote><li>160亿个晶体管。</li></blockquote></p><p></li>  <li>3.2 GHZ max clock rate.</p><p><blockquote><li>3.2 GHZ最大时钟速率。</li></blockquote></p><p></li> </ul> Incredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless&nbsp;YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.</p><p><blockquote>难以置信的规格。除此之外，还有两款新型号——M1 Pro和M1 Max——对基本型号进行了改进。列出这些高端型号的详细规格表会很乏味，但一个令人瞠目结舌的统计数据是M1 Max的570亿个晶体管。这与极高端游戏PC中包含的CPU竞争。当然，正如无数YouTube评论者指出的那样，这使得较新的MAC电脑本身可以作为游戏装备。苹果在笔记本电脑和台式机领域已经拥有相当大的市场份额，但凭借M1芯片系列，它现在也有机会占领游戏领域。到目前为止，事实证明，这一细分市场对苹果来说是难以捉摸的。因此，苹果电脑产品线的加速增长潜力巨大。</blockquote></p><p> Next up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually&nbsp;lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been&nbsp;flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.</p><p><blockquote>接下来是苹果服务。这是一个广泛的类别，包括流媒体音乐、电影、书籍等。这一类别一直在扩大，并可能在硬件增长放缓后推动更多增长。在最近一个季度，服务增长实际上落后于产品增长，为25%，而后者为30%。然而，服务是有前途的，因为即使在硬件产品达到其总目标市场之后，它们也可以继续增长。经过多年的强劲增长，全球智能手机销量一直持平。在这种环境下，期望苹果的硬件销售像过去那样快速增长是不现实的。但通过向现有客户销售更多服务，苹果可以在硬件销售不佳的情况下保持总收入增长。</blockquote></p><p> <b>Financials and Valuation</b></p><p><blockquote><b>财务和估值</b></blockquote></p><p> Now we can turn to Apple’s financials.</p><p><blockquote>现在我们可以转向苹果的财务状况。</blockquote></p><p> Apple’s most recent quarter was a&nbsp;miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:</p><p><blockquote>苹果最近一个季度的收入和盈利均未达到预期；然而，从绝对值来看，结果是强劲的。本季度，苹果交付了：</blockquote></p><p> <ul>  <li>$83 billion in revenue, up 29%.</p><p><blockquote><ul><li>营收830亿美元，增长29%。</li></ul></blockquote></p><p></li>  <li>$27.3 billion in operating income, up 60%.</p><p><blockquote><li>营业收入273亿美元，增长60%。</li></blockquote></p><p></li>  <li>$20.5 billion in net income, up 63%.</p><p><blockquote><li>净利润205亿美元，增长63%。</li></blockquote></p><p></li>  <li>$1.24 in diluted EPS, up 69%.</p><p><blockquote><li>稀释后每股收益为1.24美元，增长69%。</li></blockquote></p><p></li> </ul> The company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.</p><p><blockquote>该公司还在第四季度报告中报告了1040亿美元的TTM运营现金。这比去年增长了28%。</blockquote></p><p> These were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to&nbsp;Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:</p><p><blockquote>这些都是相当可靠的结果。尤其是对于一家成熟的公司来说。按市值计算，苹果是世界上最大的公司，但其收入和盈利均以成长型股票的水平增长。这一个季度并非侥幸。根据Seeking Alpha Quant的数据，苹果上述指标的五年复合年增长率为：</blockquote></p><p> <ul>  <li>Revenue: 11%.</p><p><blockquote><ul><li>收入：11%。</li></ul></blockquote></p><p></li>  <li>Operating income: 12.7%.</p><p><blockquote><li>营业收入：12.7%。</li></blockquote></p><p></li>  <li>Net income: 15.7%.</p><p><blockquote><li>净利润：15.7%。</li></blockquote></p><p></li>  <li>Diluted EPS: 22%.</p><p><blockquote><li>稀释后每股收益：22%。</li></blockquote></p><p></li>  <li>Cash flow: 10.7%.</p><p><blockquote><li>现金流：10.7%。</li></blockquote></p><p></li> </ul> Again very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:</p><p><blockquote>对于一家成熟的公司来说，这也是非常可靠的。最近一个季度看起来确实好于平均水平，但长期指标仍然非常好。这就抓住了本文论点的核心：</blockquote></p><p></p><p> Apple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a&nbsp;PEG ratio of just 0.43&nbsp;for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.</p><p><blockquote>苹果绝对不是泡沫股。其估值相当高，市盈率为30倍，销售额为7.7倍，现金流为26倍。但该公司仍有很大的增长潜力。按年复合计算，其盈利以22%的速度增长，正如最近一个季度所显示的那样，它还有加速的空间。如果同时考虑增长和价值，过去12个月的PEG比率仅为0.43。这远非泡沫估值。事实上，它看起来非常便宜。</blockquote></p><p> <b>Risks and Challenges</b></p><p><blockquote><b>风险与挑战</b></blockquote></p><p> While Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:</p><p><blockquote>虽然苹果绝对是一家增长强劲、估值适中的超盈利公司，但其股票并非没有风险。作为一家主要的硬件公司，它很容易受到供应链问题和其他冲击的影响。本文概述的看涨论点面临的一些主要风险和挑战包括：</blockquote></p><p> <ul>  <li><b>Supply chain issues.</b>The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company&nbsp;slashed iPhone production&nbsp;because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.</p><p><blockquote><ul><li><b>供应链问题。</b>世界目前正在经历芯片短缺，以及各种其他高科技部件的短缺。这些问题正在影响苹果。就在最近，由于供应链问题，该公司大幅削减了iPhone产量。就在关键的假期之前。对于像苹果这样的硬件公司来说，这类问题是一个始终存在的威胁，该公司依赖于现成的原材料供应来保持销售流动。</li></ul></blockquote></p><p></li>  <li><b>Scale.</b>Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.</p><p><blockquote><li><b>比例。</b>从数学上讲，某物变得越大，需要的增幅就越大，才能推动与过去持平的百分比增长。如果你开始销售1000美元的小工具，第一年就卖出了一个，那么第二年只要卖出价值2000美元的小工具，你的销售额就会翻倍。然而，如果十年后，你的销售额为3320亿美元，你需要客户在第十一年拿出6640亿美元来实现同样的增长。这在数学上是不太可能的。碰巧的是，苹果第四季度830亿美元的年收入达到了3320亿美元。因此，未来将更难实现增长。</li></blockquote></p><p></li>  <li><b>Disruption.</b>Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself&nbsp;did this once, to&nbsp;<b>BlackBerry</b>(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&amp;D, you never know where the next threat will come from.</p><p><blockquote><li><b>中断。</b>苹果的商业模式要求它保持在技术创新的前沿。如果另一家公司推出了明显优于iPhone的产品，这可能会在一夜之间扼杀苹果的业务。苹果自己也做过一次，为了<b>黑莓</b>（BB），命运多舛的黑莓智能手机制造商。科技行业的历史上充斥着公司互相吃午餐的情况，尽管苹果在研发上投入了数十亿美元，但你永远不知道下一个威胁会来自哪里。</li></blockquote></p><p></li> </ul> The above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.</p><p><blockquote>以上是投资者需要牢记的一些非常真实的风险。尤其是供应链风险是非常真实的，在几份季度报告中都被认为是一个问题。话虽如此，苹果股票拥有令人难以置信的护城河、良好的增长和并非不合理的估值。这绝对不是一只值得做空的股票。虽然多头实现的收益在未来不会像过去那么好，但它们应该仍然不错。</blockquote></p><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>Are there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗？</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAre there any bubbles in Apple stock?<blockquote>苹果股票有泡沫吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-23 11:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Apple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.</li>  <li>This has led some to say that the stock is in a bubble, as its price is rising rapidly.</li>  <li>However, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.</li>  <li>In this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股价今年已上涨34%，大幅跑赢纳斯达克100指数。</li><li>这导致一些人说该股存在泡沫，因为其价格正在迅速上涨。</li><li>然而，苹果的股价涨幅与收入增长大致一致，实际上慢于最近一个季度的每股收益增长。</li><li>在本文中，我将对苹果提出看涨论点，认为它拥有宽阔的护城河，将推动未来的增长和盈利能力。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p> <b>Apple Inc.</b>(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&amp;P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.</p><p><blockquote><b>苹果公司。</b>(AAPL)股票在2021年表现稳健。该指数今年上涨了35%，表现强劲，优于纳斯达克100指数和标普500。苹果的2021年业绩是该公司长期获胜的最新一年，它表明股票永远不会太大而无法击败市场。</blockquote></p><p> With that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:</p><p><blockquote>话虽如此，仍有不少人认为苹果的胜利应该得到修正。最近几周，我们看到大量文章声称AAPL被高估，标题如下：</blockquote></p><p> <ul>  <li><i>“Apple Stock is Now a Bubble.”</i></p><p><blockquote><ul><li><i>“苹果股票现在是泡沫。”</i></li></ul></blockquote></p><p></li>  <li><i>“Why Apple Stock May Be a Bubble That’s Ready to Burst.”</i></p><p><blockquote><li><i>“为什么苹果股票可能是一个即将破裂的泡沫。”</i></li></blockquote></p><p></li>  <li><i>“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”</i></p><p><blockquote><li><i>“出售AAPL？为什么这位专家认为苹果股价下跌12%”</i></li></blockquote></p><p></li> </ul> Not all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at&nbsp;TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.</p><p><blockquote>并非所有这些文章都明确悲观。一些人提到了积极的一面和消极的一面。但总体而言，认为苹果是泡沫，或者至少被高估的情绪正在变得普遍。如果你看看TipRanks的情绪图表，就会发现对苹果股票的情绪明显负面。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8357bc3eaf626336dbf12b2ff1f410\" tg-width=\"485\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><span>Source: TipRanks’ sentiment chart</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TipRanks情绪图</span></p></blockquote></p><p> The bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward&nbsp;<b>Meta Platforms</b>(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.</p><p><blockquote>当我们将投资者对苹果的悲观情绪与对<b>元平台</b>（FB）。Meta是一家因违反反垄断法而被起诉并每天受到媒体攻击的公司，其情绪得分几乎完美。因此，没有什么特殊的科技诅咒可以保证对该行业个股的负面情绪。苹果的情绪问题确实是自己的问题。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/68bc8cf3f8fc200c2b7a9c85e69cc9f2\" tg-width=\"488\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Which begs the question:</p><p><blockquote>这就引出了一个问题：</blockquote></p><p> <i>Why?</i></p><p><blockquote><i>为什么？</i></blockquote></p><p> Apple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage –&nbsp;<b>Nintendo</b>(OTCPK:NTDOY) being one exception, if you count gaming as tech.</p><p><blockquote>苹果是一只拥有宽护城河的股票，是少数几家同时控制大多数用户硬件和软件的科技公司之一。许多公司都试图复制苹果通过整合硬件和应用程序来实现收入最大化的策略，但很少有人成功。如果你想要IOS或Mac OS体验，你需要一部iPhone或Mac。数十亿人想要这些体验，足以支付高价购买苹果的产品。很少有其他科技公司拥有这样的优势——<b>任天堂</b>(OTCPK：NTDOY)如果您将游戏视为技术，则是一个例外。</blockquote></p><p> This makes Apple arguably a&nbsp;wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated&nbsp;Apple ecosystem.</p><p><blockquote>这使得苹果可以说是一只拥有宽阔护城河的股票。你需要苹果硬件来运行苹果软件，人们喜欢苹果软件。这使得苹果“垄断”了某一套软件体验。它并不垄断任何特定的设备类别，但它是唯一一家能够提供集成苹果生态系统的公司。</blockquote></p><p> This advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the&nbsp;fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.</p><p><blockquote>这一优势为苹果股东带来了红利——无论是象征性的还是字面上的。按市值计算，苹果是全球最大的公司，按收入计算，它是全球第四大公司。近年来，其收入增长率有所放缓，但某些细分市场（如手表和服务）的增长速度比以往任何时候都快。因此，苹果似乎仍然具有显着盈利和增长的潜力。因此，我将在本文中对苹果提出看涨论点，认为其坚实的经济护城河为其股票未来升值提供了潜力。</blockquote></p><p> <b>Competitive Landscape</b></p><p><blockquote><b>竞争格局</b></blockquote></p><p> One of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments&nbsp;and entertainment.</p><p><blockquote>了解苹果最重要的一点是它的竞争地位。该公司在如此广泛的不同市场开展业务，以至于很难确定其业务不仅仅是“技术”。从技术上讲，该公司的SIC代码（行业分类）是7372，表示“预打包软件”。然而，这并没有涵盖苹果业务活动的全部范围，因为它还涉及硬件、半导体、支付和娱乐。</blockquote></p><p> Some of Apple’s most noteworthy competitors include:</p><p><blockquote>苹果最值得注意的一些竞争对手包括：</blockquote></p><p> <ul>  <li><b>Samsung</b>(OTC:SSNLF) - smartphones.</p><p><blockquote><ul><li><b>三星</b>（场外交易代码：SSNLF）-智能手机。</li></ul></blockquote></p><p></li>  <li><b>Huawei</b>- smartphones.</p><p><blockquote><li><b>华为</b>-智能手机。</li></blockquote></p><p></li>  <li><b>Alphabet</b>(GOOG) - smartphones, laptops, and software.</p><p><blockquote><li><b>Alphabet</b>(GOOG)-智能手机、笔记本电脑和软件。</li></blockquote></p><p></li>  <li><b>Microsoft</b>(MSFT) - laptops.</p><p><blockquote><li><b>微软</b>（MSFT）-笔记本电脑。</li></blockquote></p><p></li>  <li><b>Dell</b>(NYSE:DELL)- laptops.</p><p><blockquote><li><b>戴尔</b>（纽约证券交易所代码：戴尔）-笔记本电脑。</li></blockquote></p><p></li>  <li><b>Adobe</b>(ADBE) - creative software.</p><p><blockquote><li><b>土坯</b>（ADBE）-创意软件。</li></blockquote></p><p></p><p></li>  <li>And many more.</p><p><blockquote><li>还有更多。</li></blockquote></p><p></li> </ul> A comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.</p><p><blockquote>苹果的竞争对手的全面名单是不可能的，因为该公司在许多不同的垂直领域开展业务。除了上述所有名称之外，苹果可以说还在与大型半导体公司竞争，因为它销售采用苹果芯片的手机和笔记本电脑。苹果是最全面的科技公司之一，拥有庞大的硬件、软件和服务阵容，使其与数十家公司展开默契竞争。</blockquote></p><p> How is Apple doing in the industries it competes in? According to&nbsp;Counterpoint Research&nbsp;and Statista, Apple’s market shares include:</p><p><blockquote>苹果在其竞争的行业中表现如何？根据Counterpoint Research和Statista的数据，苹果的市场份额包括：</blockquote></p><p> <ul>  <li>Smartphones: 47% in the US and 14% globally.</p><p><blockquote><ul><li>智能手机：美国占47%，全球占14%。</li></ul></blockquote></p><p></li>  <li>Laptops: 15% in the US and 7.6% globally.</p><p><blockquote><li>笔记本电脑：美国15%，全球7.6%。</li></blockquote></p><p></li>  <li>Smartwatches: over 50% globally.</p><p><blockquote><li>智能手表：全球超过50%。</li></blockquote></p><p></li>  <li>Tablets: 35% globally.</p><p><blockquote><li>平板电脑：全球35%。</li></blockquote></p><p></li> </ul> On the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and&nbsp;sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.</p><p><blockquote>总体而言，苹果在其大部分市场都处于第一或第二的位置。它在智能手机销量方面落后于三星，但在手表和平板电脑方面领先。这是一个相当不错的市场地位。它可能会随着时间的推移而增长。苹果的一些产品类别仍然相当新。该公司最近才涉足智能手表领域，该类别的销售额正以50%的速度增长。苹果最近因增长放缓而受到批评，但该公司产品线中的某些产品增长速度比以往任何时候都快。这为未来的强劲增长提供了潜力。</blockquote></p><p> <b>The M1 Chip and Apple Services</b></p><p><blockquote><b>M1芯片和苹果服务</b></blockquote></p><p> Speaking of future growth, it’s worth exploring two of Apple’s most promising categories:</p><p><blockquote>说到未来的增长，值得探索苹果最有前途的两个类别：</blockquote></p><p> <i>The M1 Chip and Apple Services.</i></p><p><blockquote><i>M1芯片和苹果服务。</i></blockquote></p><p> The M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:</p><p><blockquote>M1芯片（现在实际上是M1家族芯片）是苹果基于ARM架构设计的新型芯片。基本配置拥有：</blockquote></p><p> <ul>  <li>An 8-core CPU.</p><p><blockquote><ul><li>一个8核CPU。</li></ul></blockquote></p><p></li>  <li>A 7-core GPU.</p><p><blockquote><li>7核GPU。</li></blockquote></p><p></li>  <li>8 or 16 gigs of RAM (physically built into the chip).</p><p><blockquote><li>8或16 GB内存（物理内置在芯片中）。</li></blockquote></p><p></li>  <li>5nm process.</p><p><blockquote><li>5nm工艺。</li></blockquote></p><p></li>  <li>16 billion transistors.</p><p><blockquote><li>160亿个晶体管。</li></blockquote></p><p></li>  <li>3.2 GHZ max clock rate.</p><p><blockquote><li>3.2 GHZ最大时钟速率。</li></blockquote></p><p></li> </ul> Incredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless&nbsp;YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.</p><p><blockquote>难以置信的规格。除此之外，还有两款新型号——M1 Pro和M1 Max——对基本型号进行了改进。列出这些高端型号的详细规格表会很乏味，但一个令人瞠目结舌的统计数据是M1 Max的570亿个晶体管。这与极高端游戏PC中包含的CPU竞争。当然，正如无数YouTube评论者指出的那样，这使得较新的MAC电脑本身可以作为游戏装备。苹果在笔记本电脑和台式机领域已经拥有相当大的市场份额，但凭借M1芯片系列，它现在也有机会占领游戏领域。到目前为止，事实证明，这一细分市场对苹果来说是难以捉摸的。因此，苹果电脑产品线的加速增长潜力巨大。</blockquote></p><p> Next up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually&nbsp;lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been&nbsp;flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.</p><p><blockquote>接下来是苹果服务。这是一个广泛的类别，包括流媒体音乐、电影、书籍等。这一类别一直在扩大，并可能在硬件增长放缓后推动更多增长。在最近一个季度，服务增长实际上落后于产品增长，为25%，而后者为30%。然而，服务是有前途的，因为即使在硬件产品达到其总目标市场之后，它们也可以继续增长。经过多年的强劲增长，全球智能手机销量一直持平。在这种环境下，期望苹果的硬件销售像过去那样快速增长是不现实的。但通过向现有客户销售更多服务，苹果可以在硬件销售不佳的情况下保持总收入增长。</blockquote></p><p> <b>Financials and Valuation</b></p><p><blockquote><b>财务和估值</b></blockquote></p><p> Now we can turn to Apple’s financials.</p><p><blockquote>现在我们可以转向苹果的财务状况。</blockquote></p><p> Apple’s most recent quarter was a&nbsp;miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:</p><p><blockquote>苹果最近一个季度的收入和盈利均未达到预期；然而，从绝对值来看，结果是强劲的。本季度，苹果交付了：</blockquote></p><p> <ul>  <li>$83 billion in revenue, up 29%.</p><p><blockquote><ul><li>营收830亿美元，增长29%。</li></ul></blockquote></p><p></li>  <li>$27.3 billion in operating income, up 60%.</p><p><blockquote><li>营业收入273亿美元，增长60%。</li></blockquote></p><p></li>  <li>$20.5 billion in net income, up 63%.</p><p><blockquote><li>净利润205亿美元，增长63%。</li></blockquote></p><p></li>  <li>$1.24 in diluted EPS, up 69%.</p><p><blockquote><li>稀释后每股收益为1.24美元，增长69%。</li></blockquote></p><p></li> </ul> The company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.</p><p><blockquote>该公司还在第四季度报告中报告了1040亿美元的TTM运营现金。这比去年增长了28%。</blockquote></p><p> These were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to&nbsp;Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:</p><p><blockquote>这些都是相当可靠的结果。尤其是对于一家成熟的公司来说。按市值计算，苹果是世界上最大的公司，但其收入和盈利均以成长型股票的水平增长。这一个季度并非侥幸。根据Seeking Alpha Quant的数据，苹果上述指标的五年复合年增长率为：</blockquote></p><p> <ul>  <li>Revenue: 11%.</p><p><blockquote><ul><li>收入：11%。</li></ul></blockquote></p><p></li>  <li>Operating income: 12.7%.</p><p><blockquote><li>营业收入：12.7%。</li></blockquote></p><p></li>  <li>Net income: 15.7%.</p><p><blockquote><li>净利润：15.7%。</li></blockquote></p><p></li>  <li>Diluted EPS: 22%.</p><p><blockquote><li>稀释后每股收益：22%。</li></blockquote></p><p></li>  <li>Cash flow: 10.7%.</p><p><blockquote><li>现金流：10.7%。</li></blockquote></p><p></li> </ul> Again very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:</p><p><blockquote>对于一家成熟的公司来说，这也是非常可靠的。最近一个季度看起来确实好于平均水平，但长期指标仍然非常好。这就抓住了本文论点的核心：</blockquote></p><p></p><p> Apple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a&nbsp;PEG ratio of just 0.43&nbsp;for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.</p><p><blockquote>苹果绝对不是泡沫股。其估值相当高，市盈率为30倍，销售额为7.7倍，现金流为26倍。但该公司仍有很大的增长潜力。按年复合计算，其盈利以22%的速度增长，正如最近一个季度所显示的那样，它还有加速的空间。如果同时考虑增长和价值，过去12个月的PEG比率仅为0.43。这远非泡沫估值。事实上，它看起来非常便宜。</blockquote></p><p> <b>Risks and Challenges</b></p><p><blockquote><b>风险与挑战</b></blockquote></p><p> While Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:</p><p><blockquote>虽然苹果绝对是一家增长强劲、估值适中的超盈利公司，但其股票并非没有风险。作为一家主要的硬件公司，它很容易受到供应链问题和其他冲击的影响。本文概述的看涨论点面临的一些主要风险和挑战包括：</blockquote></p><p> <ul>  <li><b>Supply chain issues.</b>The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company&nbsp;slashed iPhone production&nbsp;because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.</p><p><blockquote><ul><li><b>供应链问题。</b>世界目前正在经历芯片短缺，以及各种其他高科技部件的短缺。这些问题正在影响苹果。就在最近，由于供应链问题，该公司大幅削减了iPhone产量。就在关键的假期之前。对于像苹果这样的硬件公司来说，这类问题是一个始终存在的威胁，该公司依赖于现成的原材料供应来保持销售流动。</li></ul></blockquote></p><p></li>  <li><b>Scale.</b>Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.</p><p><blockquote><li><b>比例。</b>从数学上讲，某物变得越大，需要的增幅就越大，才能推动与过去持平的百分比增长。如果你开始销售1000美元的小工具，第一年就卖出了一个，那么第二年只要卖出价值2000美元的小工具，你的销售额就会翻倍。然而，如果十年后，你的销售额为3320亿美元，你需要客户在第十一年拿出6640亿美元来实现同样的增长。这在数学上是不太可能的。碰巧的是，苹果第四季度830亿美元的年收入达到了3320亿美元。因此，未来将更难实现增长。</li></blockquote></p><p></li>  <li><b>Disruption.</b>Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself&nbsp;did this once, to&nbsp;<b>BlackBerry</b>(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&amp;D, you never know where the next threat will come from.</p><p><blockquote><li><b>中断。</b>苹果的商业模式要求它保持在技术创新的前沿。如果另一家公司推出了明显优于iPhone的产品，这可能会在一夜之间扼杀苹果的业务。苹果自己也做过一次，为了<b>黑莓</b>（BB），命运多舛的黑莓智能手机制造商。科技行业的历史上充斥着公司互相吃午餐的情况，尽管苹果在研发上投入了数十亿美元，但你永远不知道下一个威胁会来自哪里。</li></blockquote></p><p></li> </ul> The above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.</p><p><blockquote>以上是投资者需要牢记的一些非常真实的风险。尤其是供应链风险是非常真实的，在几份季度报告中都被认为是一个问题。话虽如此，苹果股票拥有令人难以置信的护城河、良好的增长和并非不合理的估值。这绝对不是一只值得做空的股票。虽然多头实现的收益在未来不会像过去那么好，但它们应该仍然不错。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4476363-apple-stock-no-bubble\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4476363-apple-stock-no-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164467804","content_text":"Summary\n\nApple stock has risen 34% this year, beating the NASDAQ 100 by a wide margin.\nThis has led some to say that the stock is in a bubble, as its price is rising rapidly.\nHowever, Apple's stock price gains are about in line with revenue growth, and actually slower than the most recent quarter's EPS growth.\nIn this article, I will develop a bullish thesis on Apple, arguing that it has a wide moat that will power future growth and profitability.\n\nJustin Sullivan/Getty Images News\nApple Inc.(AAPL) stock has delivered a solid performance in 2021. Up 35% for the year, it has solidly outperformed both the NASDAQ 100 and the S&P 500. The latest in a long streak of winning years for the company, Apple’s 2021 shows that a stock is never too big to beat the market.\nWith that said, there’s no shortage of people who think Apple’s winning run is due for a correction. In recent weeks, we’ve seen a deluge of articles claiming that AAPL is overvalued, with titles like:\n\n“Apple Stock is Now a Bubble.”\n“Why Apple Stock May Be a Bubble That’s Ready to Burst.”\n“Sell AAPL? Why This Expert Sees Apple Stock Dipping 12%”\n\nNot all of these articles have been unambiguously bearish. A few mention positives along with negatives. But generally speaking, the sentiment that Apple is a bubble, or at least overvalued, is becoming common. If you look at TipRanks’ sentiment chart, it shows decisively negative sentiment toward Apple stock.\nSource: TipRanks’ sentiment chart\nThe bearishness of investor sentiment toward Apple becomes clear when we compare it to the sentiment toward Meta Platforms(FB). Meta, a company that is being sued for antitrust violations and getting attacked in the press daily, has a nearly perfect sentiment score. So there is no special tech curse that guarantees negative sentiment toward individual stocks in the sector. Apple’s sentiment problem is indeed its own problem.\n\nWhich begs the question:\nWhy?\nApple is a wide-moat stock, one of the few tech companies that controls both hardware and software for most of its users. Many companies have attempted to copy Apple’s strategy of maximizing revenue by integrating hardware and apps, but few have succeeded at it. If you want the IOS or Mac OS experience, you need an iPhone or Mac. And billions of people want those experiences enough to pay top dollar for Apple’s products. Few other tech companies have that advantage – Nintendo(OTCPK:NTDOY) being one exception, if you count gaming as tech.\nThis makes Apple arguably a wide-moat stock. You need Apple hardware to run Apple software, and people like Apple software. This gives Apple a “monopoly” on a certain collection of software experiences. It does not have a monopoly on any particular device category, but it’s the only company that can provide the integrated Apple ecosystem.\nThis advantage has paid dividends to Apple shareholders – both figuratively and literally. Apple is the world’s biggest company by market cap and the fourth-biggest by revenue. Its revenue growth rate has slowed in recent years, but certain segments (such as watches and services) are growing faster than ever. It appears, then, that Apple still has the potential for significant profitability and growth. Accordingly, I’ll develop a bullish thesis on Apple in this article, arguing that its solid economic moat provides potential for its stock to appreciate in the future.\nCompetitive Landscape\nOne of the most important things to understand about Apple is its competitive position. The company operates in such a wide variety of different markets that it’s hard to pin down its business beyond simply “tech.” Technically, the company’s SIC Code (industry classification) is 7372, denoting “prepackaged software.” However, this doesn’t capture the full extent of Apple’s business activities, as it’s also involved in hardware, semiconductors,payments and entertainment.\nSome of Apple’s most noteworthy competitors include:\n\nSamsung(OTC:SSNLF) - smartphones.\nHuawei- smartphones.\nAlphabet(GOOG) - smartphones, laptops, and software.\nMicrosoft(MSFT) - laptops.\nDell(NYSE:DELL)- laptops.\nAdobe(ADBE) - creative software.\nAnd many more.\n\nA comprehensive list of Apple’s competitors would be impossible to come up with, because the company operates in so many different verticals. In addition to all the names above, Apple is arguably in competition with the big semi companies, as it sells phones and laptops with Apple chips. Apple is one of the most comprehensive tech companies around, with a massive lineup of hardware, software and services, putting it in tacit competition with dozens of companies.\nHow is Apple doing in the industries it competes in? According to Counterpoint Research and Statista, Apple’s market shares include:\n\nSmartphones: 47% in the US and 14% globally.\nLaptops: 15% in the US and 7.6% globally.\nSmartwatches: over 50% globally.\nTablets: 35% globally.\n\nOn the whole, Apple is in first or second place in most of its markets. It’s behind Samsung on smartphone sales but it leads in watches and tablets. This is a pretty good market position. And it could grow over time. Some of Apple’s product categories are still fairly new. The company only just recently broke into smart watches and sales in the category are growing at 50%. Apple has taken heat lately for its slowing growth, but certain products within the company’s lineup are growing faster than ever. This provides potential for strong growth well into the future.\nThe M1 Chip and Apple Services\nSpeaking of future growth, it’s worth exploring two of Apple’s most promising categories:\nThe M1 Chip and Apple Services.\nThe M1 Chip (really the M1 family of chips now) is a new chip designed by Apple based on ARM architecture. The base configuration boasts:\n\nAn 8-core CPU.\nA 7-core GPU.\n8 or 16 gigs of RAM (physically built into the chip).\n5nm process.\n16 billion transistors.\n3.2 GHZ max clock rate.\n\nIncredible specs. And on top of that, there are two new models–the M1 Pro and M1 Max–that offer improvements on the base model. It would be tedious to list detailed spec sheets for these higher end models, but one eye-popping stat is the M1 Max’s 57 billion transistors. This competes with the CPUs included in extremely high end gaming PCs. And of course, that makes newer Macs themselves viable as gaming rigs, as countless YouTube reviewers have noted. Apple already has a sizable market share in laptops and desktops, but with the M1 chip family, it now has a shot at capturing the gaming segment as well. Until now, that market segment has proven elusive to Apple. So, there is significant potential for accelerating growth in Apple’s computer lineup.\nNext up is Apple services. This is a broad category that includes streaming music, movies, books and more. This category is always expanding and could potentially drive more growth after hardware growth slows down. In the most recent quarter, service growth actually lagged product growth, at 25% vs 30% for the latter. However, services are promising because they’re a category that could continue to grow even after hardware products reach their total addressable market. Global smartphone sales have been flat-lining after years of strong growth. In this environment, it would be unrealistic to expect Apple’s hardware sales to grow as fast as they did in the past. But by selling more services to existing customers, Apple can keep growing its total revenue even as hardware sales underwhelm.\nFinancials and Valuation\nNow we can turn to Apple’s financials.\nApple’s most recent quarter was a miss on both revenue and earnings; however, the results were strong in absolute terms. In the quarter, Apple delivered:\n\n$83 billion in revenue, up 29%.\n$27.3 billion in operating income, up 60%.\n$20.5 billion in net income, up 63%.\n$1.24 in diluted EPS, up 69%.\n\nThe company also reported $104 billion in TTM cash from operations in its fourth quarter report. That was up 28% from the year before.\nThese were pretty solid results. Especially for a mature company. Apple is the biggest company in the world by market cap, yet its revenue and earnings are both up by growth stock levels. And this one quarter wasn’t a fluke. According to Seeking Alpha Quant, Apple’s five-year CAGR growth rates in the metrics listed above are:\n\nRevenue: 11%.\nOperating income: 12.7%.\nNet income: 15.7%.\nDiluted EPS: 22%.\nCash flow: 10.7%.\n\nAgain very solid for a mature company. It does look like the most recent quarter was better than average, but the long-term metrics are still very good. Which gets to the heart of this article’s thesis:\nApple is definitely not a bubble stock. Its valuation is fairly steep, as it trades at 30 times earnings, 7.7 times sales, and 26 times cash flow. But the company still has plenty of growth potential. Compounded annually, its earnings are growing at 22%, and as the most recent quarter showed, it has room for acceleration. If you factor in both growth and value, you get a PEG ratio of just 0.43 for the trailing 12-month period. That’s far from a bubble valuation. In fact, it looks downright cheap.\nRisks and Challenges\nWhile Apple is definitely an ultra-profitable company with strong growth and a moderate valuation, its stock is not without its risks. As a major hardware company, it is vulnerable to supply chain issues, and other shocks. Some major risks and challenges to the bullish thesis outlined in this article include:\n\nSupply chain issues.The world is currently going through a chip shortage, as well as shortages of various other hi-tech parts. These problems are affecting Apple. Just recently, the company slashed iPhone production because of supply chain issues. That right before the crucial Holiday season, no less. These kinds of problems are an ever-present threat for a hardware company like Apple, which depends on a ready supply of raw materials to keep sales flowing.\nScale.Mathematically, the bigger something gets, the larger of an increase is needed to drive percentage gains equal to past ones. If you start selling $1,000 widgets and sell one your first year, you double your sales just by selling $2,000 worth the next year. If, however, ten years later, you’re selling $332 billion worth, you need customers to come up with $664 billion in the eleventh year to achieve the same growth. This is mathematically unlikely. And as it just so happens, Apple’s $83 billion Q4 revenue annualizes to $332 billion. So growth will be harder to achieve going forward.\nDisruption.Apple’s business model requires that it stay on the leading edge of tech innovation. If another company comes out with something decisively superior to the iPhone, that could kill Apple’s business overnight. Apple itself did this once, to BlackBerry(BB), makers of the ill-fated BlackBerry Smartphone. The history of the tech industry is littered with companies eating each other's lunch, and while Apple has billions to spend on R&D, you never know where the next threat will come from.\n\nThe above are some very real risks for investors to keep in mind. The supply chain risk, in particular, is very real, having been cited as a problem in several quarterly reports. With that said, Apple stock has an incredible moat, decent growth, and a not-unreasonable valuation. This is definitely not a stock to short. And while the gains realized by longs will not be as good in the future as they were in the past, they should still be decent.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691450750,"gmtCreate":1640230971690,"gmtModify":1640230971827,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Can consider buying but pls do your homework before entering","listText":"Can consider buying but pls do your homework before entering","text":"Can consider buying but pls do your homework before entering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691450750","repostId":"1151093531","repostType":4,"repost":{"id":"1151093531","kind":"news","pubTimestamp":1640229464,"share":"https://www.laohu8.com/m/news/1151093531?lang=zh_CN&edition=full","pubTime":"2021-12-23 11:17","market":"us","language":"en","title":"An Intrinsic Calculation For Sea Limited (NYSE:SE) Suggests It's 38% Undervalued<blockquote>Sea Limited(NYSE：SE)的内在计算表明其价值被低估了38%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151093531","media":"Nasdaq","summary":"Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sea","content":"<p>Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sea Limited (NYSE:SE) as an investment opportunity by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.</p><p><blockquote>今天，我们将简单介绍一种估值方法，该方法用于通过预测Sea Limited（纽约证券交易所股票代码：SE）的未来现金流，然后将其贴现至当前价值来估计其作为投资机会的吸引力。我们的分析将采用贴现现金流（DCF）模型。在你认为你无法理解它之前，请继续读下去！它实际上比你想象的要简单得多。</blockquote></p><p> Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. For those who are keen learners of equity analysis, theSimply Wall St analysis model heremay be something of interest to you.</p><p><blockquote>公司可以通过多种方式进行估值，因此我们要指出，DCF并不适合所有情况。对于那些热衷于学习股票分析的人来说，这里简单的华尔街分析模型可能会让你感兴趣。</blockquote></p><p> The method</p><p><blockquote>方法</blockquote></p><p> We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p><p><blockquote>我们使用两阶段增长模型，这仅仅意味着我们考虑了公司增长的两个阶段。在初始阶段，公司可能有较高的增长率，而第二阶段通常被认为有稳定的增长率。首先，我们需要估计未来十年的现金流。在可能的情况下，我们使用分析师的估计，但当这些估计不可用时，我们从最后一次估计或报告的价值推断之前的自由现金流(FCF)。我们假设自由现金流萎缩的公司将放缓其萎缩速度，而自由现金流增长的公司在此期间的增长率将放缓。我们这样做是为了反映早年的增长往往比晚年放缓得更多。</blockquote></p><p> A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars:<img src=\"https://static.tigerbbs.com/900a00b739c53cb9c592a1ff4cb5eaff\" tg-width=\"614\" tg-height=\"239\" width=\"100%\" height=\"auto\">(\"Est\" = FCF growth rate estimated by Simply Wall St)</p><p><blockquote>DCF的理念是未来一美元的价值低于今天的一美元，因此我们将这些未来现金流的价值贴现为以今天美元计算的估计价值：（“Est”=Simply Wall St估计的FCF增长率）</blockquote></p><p> <b>Present Value of 10-year Cash Flow (PVCF)</b>= US$46b</p><p><blockquote><b>10年现金流现值（PVCF）</b>=46b美元</blockquote></p><p> After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.0%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.3%.</p><p><blockquote>在计算了最初10年期间未来现金流的现值后，我们需要计算终值，它占了第一阶段以外的所有未来现金流。出于多种原因，使用了一个非常保守的增长率，不能超过一个国家的GDP增长率。在这种情况下，我们使用10年期政府债券收益率的5年平均值（2.0%）来估计未来的增长。与10年“增长”期相同，我们使用6.3%的权益成本将未来现金流贴现为今天的价值。</blockquote></p><p> <b>Terminal Value (TV)</b>= FCF2031× (1 + g) ÷ (r – g) = US$13b× (1 + 2.0%) ÷ (6.3%– 2.0%) = US$293b</p><p><blockquote><b>终端值（TV）</b>=FCF 2031 ×(1+g)÷(R-G)=13b美元×(1+2.0%)÷(6.3%-2.0%)=2930亿美元</blockquote></p><p> <b>Present Value of Terminal Value (PVTV)</b>= TV / (1 + r)10= US$293b÷ ( 1 + 6.3%)10= US$159b</p><p><blockquote><b>终值现值（PVTV）</b>=TV/(1+r)10=2930亿美元÷(1+6.3%)10=1590亿美元</blockquote></p><p> The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$204b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of US$228, the company appears quite good value at a 38% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out.</p><p><blockquote>总价值是未来十年的现金流加上贴现的最终价值之和，得出总股权价值，在本例中为2040亿美元。为了得到每股的内在价值，我们将其除以已发行股票总数。与目前228美元的股价相比，该公司的价值似乎相当不错，比目前的股价折价38%。但请记住，这只是一个近似的估值，就像任何复杂的公式一样——垃圾进，垃圾出。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d031f94f7285b2dd74b50be13b78ca2d\" tg-width=\"853\" tg-height=\"380\" width=\"100%\" height=\"auto\">The assumptions</p><p><blockquote>假设</blockquote></p><p> The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sea as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.3%, which is based on a levered beta of 1.000. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p><p><blockquote>上面的计算非常依赖于两个假设。第一个是贴现率，另一个是现金流量。你不必同意这些输入，我建议你自己重做计算，玩玩它们。DCF也不考虑行业可能的周期性，或公司未来的资本要求，因此它不能全面反映公司的潜在业绩。鉴于我们将Sea视为潜在股东，因此使用股权成本作为贴现率，而不是占债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了6.3%，这是基于1.000的杠杆贝塔值。贝塔值是衡量股票相对于整个市场波动性的指标。我们从全球可比公司的行业平均贝塔值中获取贝塔值，限制在0.8到2.0之间，这是稳定业务的合理范围。</blockquote></p><p> Looking Ahead:</p><p><blockquote>展望未来：</blockquote></p><p> Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. Can we work out why the company is trading at a discount to intrinsic value? For Sea, we've compiled three further items you should assess:</p><p><blockquote>虽然DCF计算很重要，但它不应该是你在研究一家公司时考虑的唯一指标。DCF模型并不是完美的股票估值工具。最好是应用不同的案例和假设，看看它们会如何影响公司的估值。如果一家公司以不同的速度增长，或者如果其股本成本或无风险利率急剧变化，产出可能会非常不同。我们能弄清楚为什么公司的交易价格低于内在价值吗？对于Sea，我们还编制了您应该评估的三个项目：</blockquote></p><p></p><p> <ol>  <li><b>Risks</b>: To that end, you should be aware of the<b>2 warning signs</b>&nbsp;we've spotted with Sea.</li>  <li><b>Future Earnings</b>: How does SE's growth rate compare to its peers and the wider market?</li>  <li><b>Other High Quality Alternatives</b>: Do you like a good all-rounder?</li> </ol></p><p><blockquote><ol><li><b>风险</b>：为此，您应该了解<b>2警告标志</b>我们发现了大海。</li><li><b>未来收益</b>：与同行和更广泛的市场相比，SE的增长率如何？</li><li><b>其他高质量替代品</b>：你喜欢一个好的全能选手吗？</li></ol></blockquote></p><p></p>","source":"lsy1603171495471","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>An Intrinsic Calculation For Sea Limited (NYSE:SE) Suggests It's 38% Undervalued<blockquote>Sea Limited(NYSE：SE)的内在计算表明其价值被低估了38%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAn Intrinsic Calculation For Sea Limited (NYSE:SE) Suggests It's 38% Undervalued<blockquote>Sea Limited(NYSE：SE)的内在计算表明其价值被低估了38%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-12-23 11:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sea Limited (NYSE:SE) as an investment opportunity by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.</p><p><blockquote>今天，我们将简单介绍一种估值方法，该方法用于通过预测Sea Limited（纽约证券交易所股票代码：SE）的未来现金流，然后将其贴现至当前价值来估计其作为投资机会的吸引力。我们的分析将采用贴现现金流（DCF）模型。在你认为你无法理解它之前，请继续读下去！它实际上比你想象的要简单得多。</blockquote></p><p> Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. For those who are keen learners of equity analysis, theSimply Wall St analysis model heremay be something of interest to you.</p><p><blockquote>公司可以通过多种方式进行估值，因此我们要指出，DCF并不适合所有情况。对于那些热衷于学习股票分析的人来说，这里简单的华尔街分析模型可能会让你感兴趣。</blockquote></p><p> The method</p><p><blockquote>方法</blockquote></p><p> We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p><p><blockquote>我们使用两阶段增长模型，这仅仅意味着我们考虑了公司增长的两个阶段。在初始阶段，公司可能有较高的增长率，而第二阶段通常被认为有稳定的增长率。首先，我们需要估计未来十年的现金流。在可能的情况下，我们使用分析师的估计，但当这些估计不可用时，我们从最后一次估计或报告的价值推断之前的自由现金流(FCF)。我们假设自由现金流萎缩的公司将放缓其萎缩速度，而自由现金流增长的公司在此期间的增长率将放缓。我们这样做是为了反映早年的增长往往比晚年放缓得更多。</blockquote></p><p> A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars:<img src=\"https://static.tigerbbs.com/900a00b739c53cb9c592a1ff4cb5eaff\" tg-width=\"614\" tg-height=\"239\" width=\"100%\" height=\"auto\">(\"Est\" = FCF growth rate estimated by Simply Wall St)</p><p><blockquote>DCF的理念是未来一美元的价值低于今天的一美元，因此我们将这些未来现金流的价值贴现为以今天美元计算的估计价值：（“Est”=Simply Wall St估计的FCF增长率）</blockquote></p><p> <b>Present Value of 10-year Cash Flow (PVCF)</b>= US$46b</p><p><blockquote><b>10年现金流现值（PVCF）</b>=46b美元</blockquote></p><p> After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.0%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.3%.</p><p><blockquote>在计算了最初10年期间未来现金流的现值后，我们需要计算终值，它占了第一阶段以外的所有未来现金流。出于多种原因，使用了一个非常保守的增长率，不能超过一个国家的GDP增长率。在这种情况下，我们使用10年期政府债券收益率的5年平均值（2.0%）来估计未来的增长。与10年“增长”期相同，我们使用6.3%的权益成本将未来现金流贴现为今天的价值。</blockquote></p><p> <b>Terminal Value (TV)</b>= FCF2031× (1 + g) ÷ (r – g) = US$13b× (1 + 2.0%) ÷ (6.3%– 2.0%) = US$293b</p><p><blockquote><b>终端值（TV）</b>=FCF 2031 ×(1+g)÷(R-G)=13b美元×(1+2.0%)÷(6.3%-2.0%)=2930亿美元</blockquote></p><p> <b>Present Value of Terminal Value (PVTV)</b>= TV / (1 + r)10= US$293b÷ ( 1 + 6.3%)10= US$159b</p><p><blockquote><b>终值现值（PVTV）</b>=TV/(1+r)10=2930亿美元÷(1+6.3%)10=1590亿美元</blockquote></p><p> The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$204b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of US$228, the company appears quite good value at a 38% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out.</p><p><blockquote>总价值是未来十年的现金流加上贴现的最终价值之和，得出总股权价值，在本例中为2040亿美元。为了得到每股的内在价值，我们将其除以已发行股票总数。与目前228美元的股价相比，该公司的价值似乎相当不错，比目前的股价折价38%。但请记住，这只是一个近似的估值，就像任何复杂的公式一样——垃圾进，垃圾出。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d031f94f7285b2dd74b50be13b78ca2d\" tg-width=\"853\" tg-height=\"380\" width=\"100%\" height=\"auto\">The assumptions</p><p><blockquote>假设</blockquote></p><p> The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sea as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.3%, which is based on a levered beta of 1.000. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p><p><blockquote>上面的计算非常依赖于两个假设。第一个是贴现率，另一个是现金流量。你不必同意这些输入，我建议你自己重做计算，玩玩它们。DCF也不考虑行业可能的周期性，或公司未来的资本要求，因此它不能全面反映公司的潜在业绩。鉴于我们将Sea视为潜在股东，因此使用股权成本作为贴现率，而不是占债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了6.3%，这是基于1.000的杠杆贝塔值。贝塔值是衡量股票相对于整个市场波动性的指标。我们从全球可比公司的行业平均贝塔值中获取贝塔值，限制在0.8到2.0之间，这是稳定业务的合理范围。</blockquote></p><p> Looking Ahead:</p><p><blockquote>展望未来：</blockquote></p><p> Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. Can we work out why the company is trading at a discount to intrinsic value? For Sea, we've compiled three further items you should assess:</p><p><blockquote>虽然DCF计算很重要，但它不应该是你在研究一家公司时考虑的唯一指标。DCF模型并不是完美的股票估值工具。最好是应用不同的案例和假设，看看它们会如何影响公司的估值。如果一家公司以不同的速度增长，或者如果其股本成本或无风险利率急剧变化，产出可能会非常不同。我们能弄清楚为什么公司的交易价格低于内在价值吗？对于Sea，我们还编制了您应该评估的三个项目：</blockquote></p><p></p><p> <ol>  <li><b>Risks</b>: To that end, you should be aware of the<b>2 warning signs</b>&nbsp;we've spotted with Sea.</li>  <li><b>Future Earnings</b>: How does SE's growth rate compare to its peers and the wider market?</li>  <li><b>Other High Quality Alternatives</b>: Do you like a good all-rounder?</li> </ol></p><p><blockquote><ol><li><b>风险</b>：为此，您应该了解<b>2警告标志</b>我们发现了大海。</li><li><b>未来收益</b>：与同行和更广泛的市场相比，SE的增长率如何？</li><li><b>其他高质量替代品</b>：你喜欢一个好的全能选手吗？</li></ol></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/an-intrinsic-calculation-for-sea-limited-nyse%3Ase-suggests-its-38-undervalued\">Nasdaq</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.nasdaq.com/articles/an-intrinsic-calculation-for-sea-limited-nyse%3Ase-suggests-its-38-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151093531","content_text":"Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sea Limited (NYSE:SE) as an investment opportunity by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.\nCompanies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. For those who are keen learners of equity analysis, theSimply Wall St analysis model heremay be something of interest to you.\nThe method\nWe're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.\nA DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars:(\"Est\" = FCF growth rate estimated by Simply Wall St)\nPresent Value of 10-year Cash Flow (PVCF)= US$46b\nAfter calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.0%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.3%.\nTerminal Value (TV)= FCF2031× (1 + g) ÷ (r – g) = US$13b× (1 + 2.0%) ÷ (6.3%– 2.0%) = US$293b\nPresent Value of Terminal Value (PVTV)= TV / (1 + r)10= US$293b÷ ( 1 + 6.3%)10= US$159b\nThe total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$204b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of US$228, the company appears quite good value at a 38% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out.\nThe assumptions\nThe calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sea as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.3%, which is based on a levered beta of 1.000. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.\nLooking Ahead:\nWhilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. Can we work out why the company is trading at a discount to intrinsic value? For Sea, we've compiled three further items you should assess:\n\nRisks: To that end, you should be aware of the2 warning signs we've spotted with Sea.\nFuture Earnings: How does SE's growth rate compare to its peers and the wider market?\nOther High Quality Alternatives: Do you like a good all-rounder?","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":2956,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691427371,"gmtCreate":1640230846793,"gmtModify":1640230846934,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691427371","repostId":"1184389618","repostType":4,"repost":{"id":"1184389618","kind":"news","pubTimestamp":1640230223,"share":"https://www.laohu8.com/m/news/1184389618?lang=zh_CN&edition=full","pubTime":"2021-12-23 11:30","market":"us","language":"en","title":"Grab Stock May Be Down But It Isn’t Out<blockquote>Grab股票可能下跌，但尚未出局</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184389618","media":"InvestorPlace","summary":"When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a revers","content":"<p><div> When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made ...</p><p><blockquote><div>当东南亚叫车和送货公司Grab Holdings（纳斯达克：GRAB）在12月初完成与特殊目的收购公司Altimeter Growth Corp.的反向合并时，它...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页连接</a></blockquote></p><p></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>Grab Stock May Be Down But It Isn’t Out<blockquote>Grab股票可能下跌，但尚未出局</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nGrab Stock May Be Down But It Isn’t Out<blockquote>Grab股票可能下跌，但尚未出局</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-23 11:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made ...</p><p><blockquote><div>当东南亚叫车和送货公司Grab Holdings（纳斯达克：GRAB）在12月初完成与特殊目的收购公司Altimeter Growth Corp.的反向合并时，它...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://investorplace.com/2021/12/grab-stock-may-be-down-but-it-isnt-out/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184389618","content_text":"When Southeast Asian ride-hailing and delivery company Grab Holdings(NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.\nSince then, investors have continued to give GRAB stock the cold shoulder, with shares falling another 16% to trade at $7.34 at the time of this writing.\nNow, before you write off an investment in Grab Holdings, consider that the company is still in the early innings and let’s consider where GRAB stock could go from here.\nWhat’s Behind Grab’s Cool Reception?\nGrab is the largest ride-hailing and delivery company in Southeast Asia, with operations in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam and serving more than 187 million users.\nThere are a number of plausible explanations for why GRAB stock has not been well-received by investors.\nFor starters, growth estimates for the Southeast Asian region have been lowered recently primarily due to the coronavirus pandemic. In September, the Asian Development Bank dropped its 2021 growth forecast for the region to 3.1% from 4.4% previously.\nWidespread lockdowns in the region due to recurring waves of COVID-19 have hurt demand for Grab’s ride-hailing services and weighed on revenue despite an increase in food-delivery volumes.\nGrab reported its third-quarter results on Nov. 11. Revenue fell 9% year over year to $157 million, with the company citing “a decline in mobility due to the severe lockdowns in Vietnam.” Falling revenue is obviously not something investors want to see, especially from a company that has yet to turn a profit.\nYet, the company did report a 32% year-over-year increase in gross merchandise value, with the dollar value of transactions from Grab’s services rising to $4.04 billion thanks to strength in the company’s deliveries segment.\nThere’s Reason for Optimism\nThe deal to go public through the merger with Altimeter Growth Corp. valued Grab at close to $40 billion, which as I mentioned, was a record. The fact that three weeks later GRAB stock has a market cap of about $27.5 billion tells us that perhaps things got a bit too heated. However, there is reason for optimism.\nThe ride-hailing platform has secured the backing of significant players across related industries, including DiDi Global(NYSE:DIDI),Toyota(NYSE:TM) and SoftBank’s(OTCMKTS:SFTBY) Vision Fund.\nGrab Holdings also has some positive catalysts on the horizon. For example, the company recently announced that it will be purchasing Jaya Grocer, a premium supermarket chain in Malaysia.\nThis acquisition fits nicely with the ride-hailing and delivery business model the company seeks to expand. Management refers to the model as a “superapp” focus, whereby users can access multiple services in a single, convenient location.\nThe Bottom Line on GRAB Stock\nI can’t say Grab Holdings can immediately turn things around. But its potential in the burgeoning Southeast Asian market means it remains relevant and has a long runway.\nOf the six analysts following GRAB stock, two rate it a “buy” and there are no “sell” ratings,according to The Wall Street Journal. Meanwhile, the consensus price target stands at $12.25, which represents upside of 67% from current levels.\nGRAB stock is very cheap now, so it’s hardly a dangerous speculative play. There’s a good argument to be made for investing now and hoping that the company continues to expand its footprint. Profitability should follow.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":4425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":152202139,"gmtCreate":1625293141321,"gmtModify":1633941651747,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Oh well again manipulation... 🙄","listText":"Oh well again manipulation... 🙄","text":"Oh well again manipulation... 🙄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152202139","repostId":"1199383023","repostType":2,"repost":{"id":"1199383023","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":1625234763,"share":"https://www.laohu8.com/m/news/1199383023?lang=zh_CN&edition=full","pubTime":"2021-07-02 22:06","market":"us","language":"en","title":"Iceberg Research: We're shorting AMC Entertainment<blockquote>冰山研究：我们正在做空AMC院线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199383023","media":"Tiger Newspress","summary":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in F","content":"<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p><p><blockquote>卖空者Iceberg Research表示，他们正在做空AMC院线。</blockquote></p><p> AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p><p><blockquote>AMC股价周五早盘下跌10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><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>Iceberg Research: We're shorting AMC Entertainment<blockquote>冰山研究：我们正在做空AMC院线</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nIceberg Research: We're shorting AMC Entertainment<blockquote>冰山研究：我们正在做空AMC院线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-07-02 22:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p><p><blockquote>卖空者Iceberg Research表示，他们正在做空AMC院线。</blockquote></p><p> AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p><p><blockquote>AMC股价周五早盘下跌10%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199383023","content_text":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in Friday morning trading.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":1824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156176279,"gmtCreate":1625206382491,"gmtModify":1633942536034,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","listText":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","text":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156176279","repostId":"1133090424","repostType":4,"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153766337,"gmtCreate":1625051822329,"gmtModify":1633945447456,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","listText":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","text":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153766337","repostId":"1150186389","repostType":4,"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153235234,"gmtCreate":1625026587328,"gmtModify":1633945676632,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Clov is just a distraction","listText":"Clov is just a distraction","text":"Clov is just a distraction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153235234","repostId":"2147585034","repostType":4,"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153618742,"gmtCreate":1625021107486,"gmtModify":1633945738143,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Yet another mental game 😴","listText":"Yet another mental game 😴","text":"Yet another mental game 😴","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153618742","repostId":"2147585785","repostType":2,"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159942145,"gmtCreate":1624938463587,"gmtModify":1633946737497,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Yes, patience and long term. Is potential","listText":"Yes, patience and long term. Is potential","text":"Yes, patience and long term. Is potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159942145","repostId":"2146836375","repostType":2,"isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159946818,"gmtCreate":1624938400234,"gmtModify":1633946738408,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Thats the way... the only direction 🚀","listText":"Thats the way... the only direction 🚀","text":"Thats the way... the only direction 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/159946818","repostId":"1166488790","repostType":2,"repost":{"id":"1166488790","kind":"news","pubTimestamp":1624933653,"share":"https://www.laohu8.com/m/news/1166488790?lang=zh_CN&edition=full","pubTime":"2021-06-29 10:27","market":"us","language":"en","title":"Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam<blockquote>范·迪塞尔(Vin Diesel)帮助AMC股价上涨，而戴夫和巴斯特(Dave&amp;Buster)在社交媒体上的提及次数不断增加，令那些担心诈骗的人感到惊讶</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166488790","media":"Marketwatch","summary":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & B","content":"<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave &amp; Buster’s stock&nbsp;mentions on community-investing platforms elicited some skepticism.</p><p><blockquote>AMC院线周一的股价对于卖空者来说太快太猛了，而Dave&amp;Buster在社区投资平台上提及的股票引起了一些怀疑。</blockquote></p><p> “F9,” The ninth installment of Vin Diesel’s “Fast &amp; Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.</p><p><blockquote>范·迪塞尔(Vin Diesel)的《速度与激情》(Fast&amp;Furious)系列电影的第九部《F9》(F9)在选择仅在影院上映后，在首映周末就拿下了7000万美元的票房，这可能标志着电影业转向流媒体模式的一个重大转折点。新冠疫情的肆虐。</blockquote></p><p> It has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.</p><p><blockquote>很难找到比承诺持有AMC股票的散户投资者更对这部由虚构的希罗多姆·托雷托(Herodom Toretto)和他那群快乐的喝电晕的街头赛车手领导的电影系列的持续财务成功感到兴奋的投资者。</blockquote></p><p> The Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.</p><p><blockquote>柴油动力的“F9”周末票房帮助AMC股价周一攀升至9%，随后该股回吐了部分涨幅，因为投资者用出色的票房销售作为证据，证明所报道的电影院消亡已经被大大夸大了。</blockquote></p><p> “What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.</p><p><blockquote>“对于大银幕来说，这是一个多么美好的周末啊！”越来越精通社交媒体的AMC首席执行官亚当·阿伦(Adam Aron)周一早上发推文。</blockquote></p><p> Aron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded&nbsp;cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.</p><p><blockquote>阿伦在推特上附上了一张“F9”海报的图片，上面有电影明星云集的演员阵容，并称赞“F9”的“轰轰烈烈的开幕”在周末吸引了200万美国人进入AMC的影院，全球有250万人。</blockquote></p><p> “Both RECORD NUMBERS since re-opening our theatres,” Aron declared.</p><p><blockquote>“这两个数字都是我们剧院重新开放以来的创纪录数字，”阿伦宣称。</blockquote></p><p> Aron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.</p><p><blockquote>Aron已经养成了直接与AMC个人投资者粉丝群互动的习惯，向AMC持有者（又名长期持有者）提供免费爆米花和其他福利，这无疑得到了Reddit人群的回应。</blockquote></p><p> “I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”</p><p><blockquote>“我做了资本主义，”Rhino57在Reddit板AMCStock上回复了Aron的推文。“本周末周五收盘后我去支持AMC，并得到了他们最大的一桶爆米花！”</blockquote></p><p> While Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.</p><p><blockquote>虽然Aron的推文也引发了一些抱怨，即夏季票房的复苏应该会推迟他出售2500万股新股的计划，但Redditors会很高兴地看到“F9”的成功对卖空者几乎没有影响。</blockquote></p><p> According to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.</p><p><blockquote>根据Fintel的数据，在该网站追踪的近9,000家公司中，该股仍位居前200名做空目标之列。即使职业摔跤手出身的电影明星约翰·塞纳(John Cena)加入该系列也没有吓到空头，因为AMC的空头兴趣仍为29.87%，与周五相同。</blockquote></p><p> Pleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”</p><p><blockquote>一位个人投资者很高兴看到AMC卖空者（那些押注该公司股价下跌的人）就在他们声称想要的地方，他沉迷于对《F9》的电影批评，为AMC的“#hotstocksummer”辩护。</blockquote></p><p> “Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”</p><p><blockquote>“想象一下，如果它实际上也是一部好电影，会发生什么，”Data_Dealer沉思道，并推测漫威电影宇宙的回归将成为致命一击：“《黑寡妇》应该创造创纪录的票房，而不是创纪录的新冠票房。”</blockquote></p><p> AMC’s spiritual meme twin also had a positive day. GameStop&nbsp;shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”</p><p><blockquote>AMC的精神迷因双胞胎也度过了积极的一天。尽管Baird决定停止报道，但游戏驿站股价当天收盘上涨，分析师Colin Sebastian在一份报告中写道，该公司缺乏明确的计划和缺乏基本面动力，使他很难给出“合理的股票评级”向机构投资者推荐。”</blockquote></p><p> Meanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave &amp; Buster’s…or at least someone wanted it to look that way.</p><p><blockquote>与此同时，就像一个孤独的20多岁的人渴望蓝色饮料、布法罗鸡翅和令人讨厌的大雄鹿猎人成瘾一样，散户投资者也对Dave&amp;Buster's着迷……或者至少有人希望它看起来是这样。</blockquote></p><p> Shares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.</p><p><blockquote>这家体育酒吧兼视频街机连锁餐厅的股票周一成为Reddit论坛上的热门话题，根据HypeEquity的数据，股票代码PLAY的提及量飙升了26,700%，交易量在收盘前两小时就已经超过了日平均水平钟声。</blockquote></p><p> But even with that action, Dave &amp; Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.</p><p><blockquote>但即使采取了这一行动，Dave&amp;Buster的股价仍下跌0.7%。与此同时，Reddit将该连锁店吹捧为廉价的重新开放贸易目标的论点遭到了用户的怀疑，他们将突然爆发的兴趣视为可能的抽水和转储计划的证据，而不是真正受模因启发的策略。</blockquote></p><p> There was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.</p><p><blockquote>周一没有关于这家连锁餐厅的真正消息，对该股的空头兴趣仍然很小。此外，Reddit上出现了一系列宣传该股票的帖子，似乎造成了人气的虚假飙升。</blockquote></p><p> Backing up that skepticism was the fact that two of the top five keywords associated with Dave &amp; Buster’s posts were “Pump” and “Dump.”</p><p><blockquote>支持这种怀疑的事实是，与戴夫和巴斯特的帖子相关的前五个关键词中有两个是“泵”和“转储”。</blockquote></p><p> “Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”</p><p><blockquote>TheColorlessPill在Reddit上抱怨道：“对虚假的管理先令过时的股票感到有点厌倦，只是为了在它们抛售之前多加一点动力。”“更多证据表明[WallStreetBets]已被收购。”</blockquote></p><p></p>","source":"market_watch","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>Vin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam<blockquote>范·迪塞尔(Vin Diesel)帮助AMC股价上涨，而戴夫和巴斯特(Dave&amp;Buster)在社交媒体上的提及次数不断增加，令那些担心诈骗的人感到惊讶</blockquote></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; 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nVin Diesel helps supercharge AMC stock, while Dave & Buster’s rising social-media mentions raise eyebrows among those fearing scam<blockquote>范·迪塞尔(Vin Diesel)帮助AMC股价上涨，而戴夫和巴斯特(Dave&amp;Buster)在社交媒体上的提及次数不断增加，令那些担心诈骗的人感到惊讶</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Marketwatch</strong><span class=\"h-time small\">2021-06-29 10:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p>AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave &amp; Buster’s stock&nbsp;mentions on community-investing platforms elicited some skepticism.</p><p><blockquote>AMC院线周一的股价对于卖空者来说太快太猛了，而Dave&amp;Buster在社区投资平台上提及的股票引起了一些怀疑。</blockquote></p><p> “F9,” The ninth installment of Vin Diesel’s “Fast &amp; Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.</p><p><blockquote>范·迪塞尔(Vin Diesel)的《速度与激情》(Fast&amp;Furious)系列电影的第九部《F9》(F9)在选择仅在影院上映后，在首映周末就拿下了7000万美元的票房，这可能标志着电影业转向流媒体模式的一个重大转折点。新冠疫情的肆虐。</blockquote></p><p> It has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.</p><p><blockquote>很难找到比承诺持有AMC股票的散户投资者更对这部由虚构的希罗多姆·托雷托(Herodom Toretto)和他那群快乐的喝电晕的街头赛车手领导的电影系列的持续财务成功感到兴奋的投资者。</blockquote></p><p> The Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.</p><p><blockquote>柴油动力的“F9”周末票房帮助AMC股价周一攀升至9%，随后该股回吐了部分涨幅，因为投资者用出色的票房销售作为证据，证明所报道的电影院消亡已经被大大夸大了。</blockquote></p><p> “What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.</p><p><blockquote>“对于大银幕来说，这是一个多么美好的周末啊！”越来越精通社交媒体的AMC首席执行官亚当·阿伦(Adam Aron)周一早上发推文。</blockquote></p><p> Aron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded&nbsp;cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.</p><p><blockquote>阿伦在推特上附上了一张“F9”海报的图片，上面有电影明星云集的演员阵容，并称赞“F9”的“轰轰烈烈的开幕”在周末吸引了200万美国人进入AMC的影院，全球有250万人。</blockquote></p><p> “Both RECORD NUMBERS since re-opening our theatres,” Aron declared.</p><p><blockquote>“这两个数字都是我们剧院重新开放以来的创纪录数字，”阿伦宣称。</blockquote></p><p> Aron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.</p><p><blockquote>Aron已经养成了直接与AMC个人投资者粉丝群互动的习惯，向AMC持有者（又名长期持有者）提供免费爆米花和其他福利，这无疑得到了Reddit人群的回应。</blockquote></p><p> “I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”</p><p><blockquote>“我做了资本主义，”Rhino57在Reddit板AMCStock上回复了Aron的推文。“本周末周五收盘后我去支持AMC，并得到了他们最大的一桶爆米花！”</blockquote></p><p> While Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.</p><p><blockquote>虽然Aron的推文也引发了一些抱怨，即夏季票房的复苏应该会推迟他出售2500万股新股的计划，但Redditors会很高兴地看到“F9”的成功对卖空者几乎没有影响。</blockquote></p><p> According to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.</p><p><blockquote>根据Fintel的数据，在该网站追踪的近9,000家公司中，该股仍位居前200名做空目标之列。即使职业摔跤手出身的电影明星约翰·塞纳(John Cena)加入该系列也没有吓到空头，因为AMC的空头兴趣仍为29.87%，与周五相同。</blockquote></p><p> Pleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”</p><p><blockquote>一位个人投资者很高兴看到AMC卖空者（那些押注该公司股价下跌的人）就在他们声称想要的地方，他沉迷于对《F9》的电影批评，为AMC的“#hotstocksummer”辩护。</blockquote></p><p> “Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”</p><p><blockquote>“想象一下，如果它实际上也是一部好电影，会发生什么，”Data_Dealer沉思道，并推测漫威电影宇宙的回归将成为致命一击：“《黑寡妇》应该创造创纪录的票房，而不是创纪录的新冠票房。”</blockquote></p><p> AMC’s spiritual meme twin also had a positive day. GameStop&nbsp;shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”</p><p><blockquote>AMC的精神迷因双胞胎也度过了积极的一天。尽管Baird决定停止报道，但游戏驿站股价当天收盘上涨，分析师Colin Sebastian在一份报告中写道，该公司缺乏明确的计划和缺乏基本面动力，使他很难给出“合理的股票评级”向机构投资者推荐。”</blockquote></p><p> Meanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave &amp; Buster’s…or at least someone wanted it to look that way.</p><p><blockquote>与此同时，就像一个孤独的20多岁的人渴望蓝色饮料、布法罗鸡翅和令人讨厌的大雄鹿猎人成瘾一样，散户投资者也对Dave&amp;Buster's着迷……或者至少有人希望它看起来是这样。</blockquote></p><p> Shares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.</p><p><blockquote>这家体育酒吧兼视频街机连锁餐厅的股票周一成为Reddit论坛上的热门话题，根据HypeEquity的数据，股票代码PLAY的提及量飙升了26,700%，交易量在收盘前两小时就已经超过了日平均水平钟声。</blockquote></p><p> But even with that action, Dave &amp; Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.</p><p><blockquote>但即使采取了这一行动，Dave&amp;Buster的股价仍下跌0.7%。与此同时，Reddit将该连锁店吹捧为廉价的重新开放贸易目标的论点遭到了用户的怀疑，他们将突然爆发的兴趣视为可能的抽水和转储计划的证据，而不是真正受模因启发的策略。</blockquote></p><p> There was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.</p><p><blockquote>周一没有关于这家连锁餐厅的真正消息，对该股的空头兴趣仍然很小。此外，Reddit上出现了一系列宣传该股票的帖子，似乎造成了人气的虚假飙升。</blockquote></p><p> Backing up that skepticism was the fact that two of the top five keywords associated with Dave &amp; Buster’s posts were “Pump” and “Dump.”</p><p><blockquote>支持这种怀疑的事实是，与戴夫和巴斯特的帖子相关的前五个关键词中有两个是“泵”和“转储”。</blockquote></p><p> “Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”</p><p><blockquote>TheColorlessPill在Reddit上抱怨道：“对虚假的管理先令过时的股票感到有点厌倦，只是为了在它们抛售之前多加一点动力。”“更多证据表明[WallStreetBets]已被收购。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click\">Marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","PLAY":"Dave & Buster","GME":"游戏驿站"},"source_url":"https://www.marketwatch.com/story/vin-diesel-supercharges-amcs-stocks-while-dave-busters-rising-social-media-mentions-raise-eyebrows-among-those-fearing-scam-11624912874?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1166488790","content_text":"AMC Entertainment’s shares on Monday were too fast and too furious for short sellers, while Dave & Buster’s stock mentions on community-investing platforms elicited some skepticism.\n“F9,” The ninth installment of Vin Diesel’s “Fast & Furious” franchise,pulled down $70 million over its opening weekendafter opting for a theater-only release, potentially marking a major turning point for a film industry that turned to a streaming model during the ravages of the COVID pandemic.\nIt has been hard to find any group of investors more thrilled by the continuing financial success of the movie franchise, led by fictional heroDom Torettoand his merry group of Corona-drinking street racers, than retail investors committed to holding shares of AMC.\nThe Diesel-powered, “F9″ weekend box office helped AMC shares climb as high as 9% Monday, before the stock gave back some of those gains, as investors used the stellar ticket sales as evidence that the reported death of movie theaters has been greatly exaggerated.\n“What a weekend for the big screen!” Adam Aron, the increasingly social-media-savvy chief executive of AMC,tweeted Monday morning.\nAron’s tweet, to which he attached an image of an “F9” poster featuring the films’s star-studded cast, went on to credit “F9”s “gangbuster opening” with bringing 2 million Americans into AMC’s theaters over the weekend, and 2.5 million globally.\n“Both RECORD NUMBERS since re-opening our theatres,” Aron declared.\nAron, who has made a habit of engaging directly with AMC’s individual-investor fan base, offering free popcorn and other perksto AMC HODLers, aka long-term holders, definitely got a response from the Reddit crowd.\n“I did a Capitalism,” responded Rhino57 to a post of Aron’s tweet on Reddit board AMCStock. “I went and supported AMC this weekend after market close on Friday and got the biggest tub of popcorn they had!”\nWhile Aron’s tweet also elicited some complaints that a resurgent summer box office should delay hisplan to sell 25 million new shares, Redditors would be pleased to see that “F9”s success had little effect on short sellers.\nAccording to Fintel data, the stock remains in the top 200 short-squeeze targets of the almost 9,000 companies tracked by the site. Even the addition of pro wrestler-turned-movie star John Cena to the franchise didn’t spook the shorts as AMC’s short interest remained at 29.87%, identical to Friday.\nPleased to see AMC short sellers — those betting for a fall in value of the company’s shares — right where they claim to want them, one individual investor indulged in film criticism of “F9” to lay out their case for AMC’s “#hotstocksummer.”\n“Just imagine what would have happened if it was actually a good movie too,” mused Data_Dealer, speculating that the return of the Marvel Cinematic Universe as the knockout punch: “Black Widow should do record numbers period, not record COVID numbers.”\nAMC’s spiritual meme twin also had a positive day. GameStop shares closed up on the day despite a decision from Baird to cease coverage, with analyst Colin Sebastianwriting in a notethat the company’s lack of a clear plan and lack of fundamental impetus have made it too difficult for him to give “a reasonable stock rating recommendation to institutional investors.”\nMeanwhile, like a lonely 20-something with a hankering for blue drinks, Buffalo wings and a nasty Big Buck Hunter addiction, retail investors also were obsessing over Dave & Buster’s…or at least someone wanted it to look that way.\nShares in the sports bar-cum-video arcade restaurant chain were a very hot topic on Reddit boards Monday, with mentions of the ticker symbol PLAY soaring 26,700% according to HypeEquity, and trading volume had already exceeded its daily average two hours before the closing bell.\nBut even with that action, Dave & Buster’s stock ended 0.7% lower. This comes as Reddit arguments touting the chain as a cheap re-opening trade target were met with skepticism by users who saw the sudden burst of interest asevidence of a possible pump-and-dump scheme, rather than a bona fide meme-inspired gambit.\nThere was no real news around the restaurant chain on Monday, and short interest on the stock remained minimal. Additionally, the flurry of Reddit posts promoting the stock appeared on multiple subreddits, creating what appeared to be a false surge in popularity.\nBacking up that skepticism was the fact that two of the top five keywords associated with Dave & Buster’s posts were “Pump” and “Dump.”\n“Getting kinda bored with the fake management shilling has-been stocks, just for a little more pump before they dump,” complained TheColorlessPill on Reddit. “Just more evidence that [WallStreetBets] has been bought out.”","news_type":1,"symbols_score_info":{"PLAY":0.9,"AMC":0.9,"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122970727,"gmtCreate":1624595181269,"gmtModify":1633950742433,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"These stocks can do and be way better . But thanks to the manipulation of HF 😡","listText":"These stocks can do and be way better . But thanks to the manipulation of HF 😡","text":"These stocks can do and be way better . But thanks to the manipulation of HF 😡","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122970727","repostId":"1147153207","repostType":4,"repost":{"id":"1147153207","kind":"news","pubTimestamp":1624592020,"share":"https://www.laohu8.com/m/news/1147153207?lang=zh_CN&edition=full","pubTime":"2021-06-25 11:33","market":"us","language":"en","title":"Meme Stocks: How The Most Popular Have Performed in 2021<blockquote>Meme股票：2021年最受欢迎的股票表现如何</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147153207","media":"thestreet","summary":"Meme mania has been one of the most unexpected phenomena in the equities market in an already atypic","content":"<p>Meme mania has been one of the most unexpected phenomena in the equities market in an already atypical pandemic environment. The “meme attacks” have rarely been based on business fundamentals, but instead fueled by momentum and discussions on web forums that catalyze vicious rallies.</p><p><blockquote>在本已非典型的大流行环境中，模因狂热是股市中最意想不到的现象之一。“模因攻击”很少基于商业基本面，而是由网络论坛上催化恶性反弹的势头和讨论推动的。</blockquote></p><p> Below, the Wall Street Memes channel lists some of the most popular meme stocks and how each has performed so far in 2021.</p><p><blockquote>下面，华尔街模因频道列出了一些最受欢迎的模因股票以及每只股票在2021年迄今为止的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac11607753df2d587eff881c858546dd\" tg-width=\"1200\" tg-height=\"798\" referrerpolicy=\"no-referrer\"><span>Figure 1: GameStop store.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：游戏驿站店。</span></p></blockquote></p><p> <b>GME - GameStop Corp.</b></p><p><blockquote><b>GME-游戏驿站公司。</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>1,914%</b></li>  <li>Largest loss in 2021:<b>-88%</b></li>  <li>Peak price:<b>$347.51</b></li>  <li>Current price:<b>$200.18</b>(at last check).</li> </ul> <img src=\"https://static.tigerbbs.com/cc5e113c20912daf07551e09179fe9f2\" tg-width=\"1200\" tg-height=\"519\" referrerpolicy=\"no-referrer\"><b>AMC - AMC Theaters</b></p><p><blockquote><ul><li>2021年最大涨幅：<b>1,914%</b></li><li>2021年最大亏损：<b>-88%</b></li><li>峰值价格：<b>$347.51</b></li><li>当前价格：<b>$200.18</b>（最后一次检查）。</li></ul><b>AMC-AMC影院</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>2,850%</b></li>  <li>Largest loss in 2021:<b>-72%</b></li>  <li>Peak price:<b>$62.55</b></li>  <li>Current price:<b>$55.14</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e55df7c82d93174a0b4c088c17946a1\" tg-width=\"1200\" tg-height=\"533\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>2,850%</b></li><li>2021年最大亏损：<b>-72%</b></li><li>峰值价格：<b>$62.55</b></li><li>当前价格：<b>$55.14</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>BB - BlackBerry Limited</b></p><p><blockquote><b>BB-黑莓有限公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>281%</b></li>  <li>Largest loss in 2021:<b>-68%</b></li>  <li>Peak price:<b>$25.10</b></li>  <li>Current price:<b>$12.82</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00f988c9dcc4545d783ac29b2061f44d\" tg-width=\"1200\" tg-height=\"525\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>281%</b></li><li>2021年最大亏损：<b>-68%</b></li><li>峰值价格：<b>$25.10</b></li><li>当前价格：<b>$12.82</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLNE - Clean Energy Fuels Corp.</b></p><p><blockquote><b>CLNE-清洁能源燃料公司。</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>137%</b></li>  <li>Largest loss in 2021:<b>-59%</b></li>  <li>Peak price:<b>$18.64</b></li>  <li>Current price:<b>$11.22</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/42e24ea5dd3ca3f186eab5451fa7fcbc\" tg-width=\"1200\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>137%</b></li><li>2021年最大亏损：<b>-59%</b></li><li>峰值价格：<b>$18.64</b></li><li>当前价格：<b>$11.22</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLOV - Clover Health Investments</b></p><p><blockquote><b>CLOV-三叶草健康投资</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>224%</b></li>  <li>Largest loss in 2021:<b>-56%</b></li>  <li>Peak price:<b>$22.15</b></li>  <li>Current price:<b>$12.10</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddfd7742b5b929d9febee80c5926f08f\" tg-width=\"1200\" tg-height=\"507\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>224%</b></li><li>2021年最大亏损：<b>-56%</b></li><li>峰值价格：<b>$22.15</b></li><li>当前价格：<b>$12.10</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLF - Cleveland-Cliff</b></p><p><blockquote><b>CLF-克利夫兰悬崖</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>83%</b></li>  <li>Largest loss in 2021:<b>-28%</b></li>  <li>Peak price:<b>$24.44</b></li>  <li>Current price:<b>$20.75</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15c8accc6baf5e68f5a1088eb8a75c4d\" tg-width=\"1200\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>83%</b></li><li>2021年最大亏损：<b>-28%</b></li><li>峰值价格：<b>$24.44</b></li><li>当前价格：<b>$20.75</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>TLRY - Tilray Pharmaceuticals</b></p><p><blockquote><b>TLRY-Tilray制药公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>610%</b></li>  <li>Largest loss in 2021:<b>-78%</b></li>  <li>Peak price:<b>$63.91</b></li>  <li>Current price:<b>$17.23</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc9ed19b51e752ceff9a6534d4afd089\" tg-width=\"1200\" tg-height=\"510\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>610%</b></li><li>2021年最大亏损：<b>-78%</b></li><li>峰值价格：<b>$63.91</b></li><li>当前价格：<b>$17.23</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>NOK - Nokia Corporation</b></p><p><blockquote><b>NOK-诺基亚公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>69%</b></li>  <li>Largest loss in 2021:<b>-41%</b></li>  <li>Peak price:<b>$6.55</b></li>  <li>Current price:<b>$5.14</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33e920e940ac016540520a46acbcb0d5\" tg-width=\"1200\" tg-height=\"511\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>69%</b></li><li>2021年最大亏损：<b>-41%</b></li><li>峰值价格：<b>$6.55</b></li><li>当前价格：<b>$5.14</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><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>Meme Stocks: How The Most Popular Have Performed in 2021<blockquote>Meme股票：2021年最受欢迎的股票表现如何</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMeme Stocks: How The Most Popular Have Performed in 2021<blockquote>Meme股票：2021年最受欢迎的股票表现如何</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">thestreet</strong><span class=\"h-time small\">2021-06-25 11:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Meme mania has been one of the most unexpected phenomena in the equities market in an already atypical pandemic environment. The “meme attacks” have rarely been based on business fundamentals, but instead fueled by momentum and discussions on web forums that catalyze vicious rallies.</p><p><blockquote>在本已非典型的大流行环境中，模因狂热是股市中最意想不到的现象之一。“模因攻击”很少基于商业基本面，而是由网络论坛上催化恶性反弹的势头和讨论推动的。</blockquote></p><p> Below, the Wall Street Memes channel lists some of the most popular meme stocks and how each has performed so far in 2021.</p><p><blockquote>下面，华尔街模因频道列出了一些最受欢迎的模因股票以及每只股票在2021年迄今为止的表现。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac11607753df2d587eff881c858546dd\" tg-width=\"1200\" tg-height=\"798\" referrerpolicy=\"no-referrer\"><span>Figure 1: GameStop store.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：游戏驿站店。</span></p></blockquote></p><p> <b>GME - GameStop Corp.</b></p><p><blockquote><b>GME-游戏驿站公司。</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>1,914%</b></li>  <li>Largest loss in 2021:<b>-88%</b></li>  <li>Peak price:<b>$347.51</b></li>  <li>Current price:<b>$200.18</b>(at last check).</li> </ul> <img src=\"https://static.tigerbbs.com/cc5e113c20912daf07551e09179fe9f2\" tg-width=\"1200\" tg-height=\"519\" referrerpolicy=\"no-referrer\"><b>AMC - AMC Theaters</b></p><p><blockquote><ul><li>2021年最大涨幅：<b>1,914%</b></li><li>2021年最大亏损：<b>-88%</b></li><li>峰值价格：<b>$347.51</b></li><li>当前价格：<b>$200.18</b>（最后一次检查）。</li></ul><b>AMC-AMC影院</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>2,850%</b></li>  <li>Largest loss in 2021:<b>-72%</b></li>  <li>Peak price:<b>$62.55</b></li>  <li>Current price:<b>$55.14</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e55df7c82d93174a0b4c088c17946a1\" tg-width=\"1200\" tg-height=\"533\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>2,850%</b></li><li>2021年最大亏损：<b>-72%</b></li><li>峰值价格：<b>$62.55</b></li><li>当前价格：<b>$55.14</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>BB - BlackBerry Limited</b></p><p><blockquote><b>BB-黑莓有限公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>281%</b></li>  <li>Largest loss in 2021:<b>-68%</b></li>  <li>Peak price:<b>$25.10</b></li>  <li>Current price:<b>$12.82</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00f988c9dcc4545d783ac29b2061f44d\" tg-width=\"1200\" tg-height=\"525\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>281%</b></li><li>2021年最大亏损：<b>-68%</b></li><li>峰值价格：<b>$25.10</b></li><li>当前价格：<b>$12.82</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLNE - Clean Energy Fuels Corp.</b></p><p><blockquote><b>CLNE-清洁能源燃料公司。</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>137%</b></li>  <li>Largest loss in 2021:<b>-59%</b></li>  <li>Peak price:<b>$18.64</b></li>  <li>Current price:<b>$11.22</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/42e24ea5dd3ca3f186eab5451fa7fcbc\" tg-width=\"1200\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>137%</b></li><li>2021年最大亏损：<b>-59%</b></li><li>峰值价格：<b>$18.64</b></li><li>当前价格：<b>$11.22</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLOV - Clover Health Investments</b></p><p><blockquote><b>CLOV-三叶草健康投资</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>224%</b></li>  <li>Largest loss in 2021:<b>-56%</b></li>  <li>Peak price:<b>$22.15</b></li>  <li>Current price:<b>$12.10</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddfd7742b5b929d9febee80c5926f08f\" tg-width=\"1200\" tg-height=\"507\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>224%</b></li><li>2021年最大亏损：<b>-56%</b></li><li>峰值价格：<b>$22.15</b></li><li>当前价格：<b>$12.10</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>CLF - Cleveland-Cliff</b></p><p><blockquote><b>CLF-克利夫兰悬崖</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>83%</b></li>  <li>Largest loss in 2021:<b>-28%</b></li>  <li>Peak price:<b>$24.44</b></li>  <li>Current price:<b>$20.75</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15c8accc6baf5e68f5a1088eb8a75c4d\" tg-width=\"1200\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>83%</b></li><li>2021年最大亏损：<b>-28%</b></li><li>峰值价格：<b>$24.44</b></li><li>当前价格：<b>$20.75</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>TLRY - Tilray Pharmaceuticals</b></p><p><blockquote><b>TLRY-Tilray制药公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>610%</b></li>  <li>Largest loss in 2021:<b>-78%</b></li>  <li>Peak price:<b>$63.91</b></li>  <li>Current price:<b>$17.23</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc9ed19b51e752ceff9a6534d4afd089\" tg-width=\"1200\" tg-height=\"510\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>610%</b></li><li>2021年最大亏损：<b>-78%</b></li><li>峰值价格：<b>$63.91</b></li><li>当前价格：<b>$17.23</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p> <b>NOK - Nokia Corporation</b></p><p><blockquote><b>NOK-诺基亚公司</b></blockquote></p><p> <ul>  <li>Largest gain in 2021:<b>69%</b></li>  <li>Largest loss in 2021:<b>-41%</b></li>  <li>Peak price:<b>$6.55</b></li>  <li>Current price:<b>$5.14</b>(at last check).</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33e920e940ac016540520a46acbcb0d5\" tg-width=\"1200\" tg-height=\"511\" referrerpolicy=\"no-referrer\"><span>Google Finance</span></p><p><blockquote><ul><li>2021年最大涨幅：<b>69%</b></li><li>2021年最大亏损：<b>-41%</b></li><li>峰值价格：<b>$6.55</b></li><li>当前价格：<b>$5.14</b>（最后一次检查）。</li></ul><p class=\"t-img-caption\"><span>谷歌金融</span></p></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/memestocks/other-memes/meme-stocks-how-the-most-popular-have-performed-in-2021\">thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BB":"黑莓","CLNE":"Clean Energy Fuels Corp","GME":"游戏驿站","CLF":"克利夫兰克里夫","CLOV":"Clover Health Corp","NOK":"诺基亚","TLRY":"Tilray Inc."},"source_url":"https://www.thestreet.com/memestocks/other-memes/meme-stocks-how-the-most-popular-have-performed-in-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147153207","content_text":"Meme mania has been one of the most unexpected phenomena in the equities market in an already atypical pandemic environment. The “meme attacks” have rarely been based on business fundamentals, but instead fueled by momentum and discussions on web forums that catalyze vicious rallies.\nBelow, the Wall Street Memes channel lists some of the most popular meme stocks and how each has performed so far in 2021.\nFigure 1: GameStop store.\nGME - GameStop Corp.\n\nLargest gain in 2021:1,914%\nLargest loss in 2021:-88%\nPeak price:$347.51\nCurrent price:$200.18(at last check).\n\nAMC - AMC Theaters\n\nLargest gain in 2021:2,850%\nLargest loss in 2021:-72%\nPeak price:$62.55\nCurrent price:$55.14(at last check).\n\nGoogle Finance\nBB - BlackBerry Limited\n\nLargest gain in 2021:281%\nLargest loss in 2021:-68%\nPeak price:$25.10\nCurrent price:$12.82(at last check).\n\nGoogle Finance\nCLNE - Clean Energy Fuels Corp.\n\nLargest gain in 2021:137%\nLargest loss in 2021:-59%\nPeak price:$18.64\nCurrent price:$11.22(at last check).\n\nGoogle Finance\nCLOV - Clover Health Investments\n\nLargest gain in 2021:224%\nLargest loss in 2021:-56%\nPeak price:$22.15\nCurrent price:$12.10(at last check).\n\nGoogle Finance\nCLF - Cleveland-Cliff\n\nLargest gain in 2021:83%\nLargest loss in 2021:-28%\nPeak price:$24.44\nCurrent price:$20.75(at last check).\n\nGoogle Finance\nTLRY - Tilray Pharmaceuticals\n\nLargest gain in 2021:610%\nLargest loss in 2021:-78%\nPeak price:$63.91\nCurrent price:$17.23(at last check).\n\nGoogle Finance\nNOK - Nokia Corporation\n\nLargest gain in 2021:69%\nLargest loss in 2021:-41%\nPeak price:$6.55\nCurrent price:$5.14(at last check).\n\nGoogle Finance","news_type":1,"symbols_score_info":{"CLF":0.9,"GME":0.9,"TLRY":0.9,"AMC":0.9,"BB":0.9,"CLNE":0.9,"CLOV":0.9,"NOK":0.9}},"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121145862,"gmtCreate":1624457535356,"gmtModify":1634005857805,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Wat a distraction","listText":"Wat a distraction","text":"Wat a distraction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121145862","repostId":"1155993250","repostType":4,"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121990132,"gmtCreate":1624447497826,"gmtModify":1634006035517,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"I think both got their potential","listText":"I think both got their potential","text":"I think both got their potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121990132","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123266967,"gmtCreate":1624425269859,"gmtModify":1634006280862,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Oh really?","listText":"Oh really?","text":"Oh really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123266967","repostId":"2145406595","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":698432028,"gmtCreate":1640488078281,"gmtModify":1640488078488,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Dont just blindly follow. Always do ur homework before entering","listText":"Dont just blindly follow. Always do ur homework before entering","text":"Dont just blindly follow. Always do ur homework before entering","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698432028","repostId":"2193178197","repostType":4,"isVote":1,"tweetType":1,"viewCount":3176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":156176279,"gmtCreate":1625206382491,"gmtModify":1633942536034,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","listText":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","text":"Mayb they are doing something different to stop HF from bullying everyone and manipulating the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156176279","repostId":"1133090424","repostType":4,"isVote":1,"tweetType":1,"viewCount":996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164317305,"gmtCreate":1624171444807,"gmtModify":1634009818792,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"🤩","listText":"🤩","text":"🤩","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164317305","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153235234,"gmtCreate":1625026587328,"gmtModify":1633945676632,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Clov is just a distraction","listText":"Clov is just a distraction","text":"Clov is just a distraction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153235234","repostId":"2147585034","repostType":4,"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121145862,"gmtCreate":1624457535356,"gmtModify":1634005857805,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Wat a distraction","listText":"Wat a distraction","text":"Wat a distraction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121145862","repostId":"1155993250","repostType":4,"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":696770161,"gmtCreate":1640782408192,"gmtModify":1640782408371,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Must be kidding to sell tesla","listText":"Must be kidding to sell tesla","text":"Must be kidding to sell tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696770161","repostId":"2195545489","repostType":4,"isVote":1,"tweetType":1,"viewCount":4793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698432426,"gmtCreate":1640488222393,"gmtModify":1640488222551,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Sometime things just dont go the way we want","listText":"Sometime things just dont go the way we want","text":"Sometime things just dont go the way we want","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698432426","repostId":"1144001147","repostType":4,"repost":{"id":"1144001147","kind":"news","pubTimestamp":1640485026,"share":"https://www.laohu8.com/m/news/1144001147?lang=zh_CN&edition=full","pubTime":"2021-12-26 10:17","market":"us","language":"en","title":"A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1144001147","media":"InvestorPlace","summary":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, t","content":"<p><div> In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年，Ocugen（纳斯达克股票代码：OCGN）股票仍然是表现最好的股票之一。在此期间，该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></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>A Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nA Year After Announcing a Big Partnership, Ocugen Is in a Sorry State<blockquote>宣布大合作伙伴关系一年后，Ocugen的处境很糟糕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-26 10:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there...</p><p><blockquote><div>去年，Ocugen（纳斯达克股票代码：OCGN）股票仍然是表现最好的股票之一。在此期间，该股已大涨超500%。该股的上涨始于2020年12月21日之后——从那里开始……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen"},"source_url":"https://investorplace.com/2021/12/a-year-after-its-big-partnership-with-bharat-ocgn-stock-is-in-a-sorry-state/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144001147","content_text":"In the last year, Ocugen(NASDAQ:OCGN) stock is still among the top performers. During this period, the stock has surged by over 500%. The stock’s ascent began after Dec. 21, 2020 — starting from there, the stock is up over 1,600%.\nHowever, it’s worth noting that OCGN stock was trading well below one dollar before it stitched a partnership with Bharat Biotech. The companies announced plans to begin manufacturing Covid-19 vaccines in the U.S. on Dec. 22 last year.\nBeyond the news of this partnership, there has been little to cheer for investors. OCGN stock traded at all-time highs of $18.77 in February and reached slightly lower peaks in May and November. The stock traded at $5.12 at the start of Dec. 23.\nOcugen will continue to underperform going forward. Even after the downtrend in the last few months, OCGN stock should be avoided.\nLet’s talk about the reasons to be bearish.\nFDA Approval Remains Elusive\nPfizer(NYSE:PFE) and Moderna(NASDAQ:MRNA) have been leaders in the vaccine race in the U.S. In a country where more than 70% of the population has already been vaccinated, Ocugen has yet to secure an approval from the U.S. Food and Drug Administration.\nBack in June, the biotech company’s application for emergency use authorization was rejected by the FDA. The recommendation by the FDA was to file for a biologics license application, which implies full approval.\nIn November, Ocugen announced that the FDA has “issued a clinical hold on the Company’s Investigational New Drug application (IND) to evaluate the COVID-19 vaccine candidate.” The FDA will be identifying the specific deficiencies that form a basis for the clinical hold. Once Ocugen addresses these deficiencies, there will be some progress.\nThe key point is that it’s been over a year since Ocugen announced the partnership with Bharat Biotech. The company has still been unsuccessful from an approval perspective.\nIn July, Ocugen had also initiated a rolling submission to Health Canada for the vaccine. There is no positive news on that front either.\nLet’s imagine a scenario where Ocugen receives an approval for vaccine use in Q1 2022. This is very unlikely. However, even in an optimistic case scenario, Ocugen needs to compete in a market where vaccination percentage is high. There is unlikely to be a case for strong revenue and cash flow growth.\nCan Omicron Provide a Lifeline for OCGN Stock?\nThe omicron variant has been a cause of concern for governments globally. Ocugen and partner Bharat Biotech are currently studying the effectiveness of the vaccine against the variant.\nIf the vaccine proves to be effective, can it be a game-changer for Ocugen? Most likely, no.\nFirst and foremost, Moderna has announced that its Covid-19 booster increases neutralizing antibodies 37-fold against Omicron variant.\nFurthermore, Pfizer has announced that a third dose increases the “neutralizing antibody by 25-fold compared to two doses against the Omicron variant.”\nClearly, the leading vaccine makers have an edge. Even if Ocugen announces that its vaccine is effective against the omicron variant, the stock is unlikely to trend higher.\nPeople who have already taken two shots of Moderna or Pfizer are unlikely to pursue a booster shot with Ocugen. Additionally, Ocugen is still struggling for approval.\nIt’s also worth noting that Ocugen needs to share revenue with Bharat Biotech. The visibility for healthy cash flows is therefore very unlikely.\nOCGN Stock Will Trend Lower\nOCGN stock is likely to continue trending lower in the coming months. Without an approval, the company is rapidly losing out on any revenue and cash flow potential.\nThe company is building a pipeline of drugs for various indications. However, the pipeline for various indications is still at a pre-clinical stage.\nThe stock trend will therefore be dictated by the outcome of Covid-19 vaccine approval and revenue potential. Things seem bleak on that front.\nIt also seems unlikely that Ocugen has a capability to expand the vaccine partnership with Bharat Biotech to other countries.","news_type":1,"symbols_score_info":{"OCGN":0.9}},"isVote":1,"tweetType":1,"viewCount":3807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":166339079,"gmtCreate":1623990870991,"gmtModify":1634024473056,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Come on.. dont be paper hand.&nbsp;This is psychology game, lets not be scare and stay strong together!","listText":"Come on.. dont be paper hand.&nbsp;This is psychology game, lets not be scare and stay strong together!","text":"Come on.. dont be paper hand. This is psychology game, lets not be scare and stay strong together!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166339079","repostId":"1131310015","repostType":4,"repost":{"id":"1131310015","kind":"news","pubTimestamp":1623987347,"share":"https://www.laohu8.com/m/news/1131310015?lang=zh_CN&edition=full","pubTime":"2021-06-18 11:35","market":"us","language":"en","title":"AMC: Danger Signals For Investors And Speculators<blockquote>AMC：投资者和投机者的危险信号</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131310015","media":"seekingalpha","summary":"Summary\n\nI stand on the shoulder of giants to guide you on AMC.\nFor investors, the gravitational pul","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I stand on the shoulder of giants to guide you on AMC.</li>  <li>For investors, the gravitational pull of no earning prospects provides little support to the stock.</li>  <li>A century-old cautionary tale for speculators counting on a short squeeze.</li>  <li>Sell before the other speculators do.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabb985556b9f549dd561bf919495d08\" tg-width=\"768\" tg-height=\"513\"><span>RgStudio/E+ via Getty Images</span></p><p><blockquote><ul><li>我站在巨人的肩膀上，在AMC上指导你。</li><li>对于投资者来说，没有盈利前景的引力对该股几乎没有支撑。</li><li>对于指望轧空的投机者来说，这是一个百年的警示故事。</li><li>在其他投机者之前卖出。</li></ul><p class=\"t-img-caption\"><span>RgStudio/E+来自Getty Images</span></p></blockquote></p><p> What are we to make of the meme stock phenomena? I tookone stab at itwith AMC Entertainment Holdings, Inc.(NYSE:AMC)a few weeks ago. I’m back for more, after reading two interesting pieces. As Isaac Newton said in 1676, “<i>If I have seen a little further it is by standing on the shoulders of Giants.</i>” Now I’m no Isaac Newton. For one, I’m far better looking. But like Zeke – a nickname Isaac’s friends probably never used – I too stand on the shoulders of giants. In this case the shoulders of Jason Zweig, a wonderful financial markets writer for<i>The Wall Street Journal</i>, and John Brooks, author of “<i>Business Adventures</i>”, a book recommended by Bill Gates. I will quote liberally from both in this article, then draw the line for you to AMC.</p><p><blockquote>我们如何看待模因股票现象？几周前，我与AMC院线控股公司（纽约证券交易所股票代码：AMC）一起尝试了一下。在读了两篇有趣的文章后，我回来看更多。正如艾萨克·牛顿在1676年所说，“<i>如果说我看得更远了一点，那就是站在巨人的肩膀上。</i>“现在我不是艾萨克·牛顿了。首先，我看起来好多了。但就像齐克一样——艾萨克的朋友们可能从未使用过这个昵称——我也站在巨人的肩膀上。在这种情况下，杰森·茨威格（Jason Zweig）是一位出色的金融市场作家<i>华尔街日报</i>，以及约翰·布鲁克斯，《<i>商业冒险</i>》，比尔盖茨推荐的一本书。我将在本文中大量引用两者，然后为您与AMC划清界限。</blockquote></p><p> <b>Investor vs. trader vs. speculator</b></p><p><blockquote><b>投资者、交易者、投机者</b></blockquote></p><p> Jason Zweig graphically distinguished between these three types of stock buyers in hisJune 11, 2021<i>Wall Street Journal</i>column:</p><p><blockquote>Jason Zweig在他的2021年6月11日以图形方式区分了这三种类型的股票买家<i>华尔街日报</i>柱：</blockquote></p><p>   “  <i>Whenever you buy any financial asset because you have a hunch or just for kicks, or because somebody famous is hyping the heck out of it, or everybody else seems to be buying it too, you aren’t investing.You’re definitely a trader: someone who has just bought an asset. And you may be a speculator: someone who thinks other people will pay more for it than you did.”“An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarily whether somebody else will pay more, regardless of fundamental value.”</i>  So why has AMC’s stock price been on a tear? I have one informal data source, namely the 300+ comments on my June 4 AMC article. Earnings, income, growth in the value of assets<i>never</i>came up. What did come up was “short squeeze” and stock charts. So I expect Mr. Zweig would describe AMC’s stock as driven by traders and speculators.</p><p><blockquote>“<i>每当你因为有预感或只是为了好玩而购买任何金融资产，或者因为某个名人正在大肆宣传，或者其他人似乎也在购买它，你就不是在投资。你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你支付更多的钱。”“投资者依赖内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。”</i>那么为什么AMC的股价一直在上涨呢？我有一个非正式的数据来源，即我6月4日AMC文章的300多条评论。收益，收入，资产价值的增长<i>没有</i>上来了。出现的是“轧空”和股票图表。因此，我预计茨威格先生会将AMC的股票描述为由交易员和投机者推动的。</blockquote></p><p> Mr. Zweig also made me realize that my AMC article left out an earnings forecast. I gave lots of data on historic trends, which only implied a future direction. I correct that omission here.</p><p><blockquote>茨威格先生还让我意识到，我的AMC文章遗漏了盈利预测。我给出了很多关于历史趋势的数据，这些数据只是暗示了未来的方向。我在这里纠正这个遗漏。</blockquote></p><p> <b>A 2022 AMC earnings forecast</b></p><p><blockquote><b>2022年AMC盈利预测</b></blockquote></p><p> I start with the key assumptions:</p><p><blockquote>我从关键假设开始：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3f5311cb0ff00c046d122c2c84fc3aea\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>My time frame for reference</i>&nbsp;is 2017 to 2019. Earlier data is less relevant because AMC made a big acquisition in 2016, and 2020 and 2021 data is even less relevant because of COVID.</p><p><blockquote><i>我的参考时间框架</i>是2017年到2019年。早期的数据相关性较低，因为AMC在2016年进行了一项大型收购，而2020年和2021年的数据则因为新冠疫情而相关性更低。</blockquote></p><p> <i>The national box office</i>is the major assumption.My June 4 articleshows that movie attendance has been declining since 2002. What will box office be next year? The steady growth in streaming, both in subscribers and content, certainly is a headwind. And COVID logically should increase the shift from offsite (theater) entertainment to home entertainment, as it has for shopping and working. Holding movie attendance near its ’19 level would be a minor miracle. A 10%, or even a 20%, decline is far more likely. As you can see in the table above, I make 2022 AMC EPS forecasts using all three box office assumptions.</p><p><blockquote><i>全国票房</i>是主要假设。我6月4日的文章显示，自2002年以来，电影上座率一直在下降。明年票房会是多少？流媒体在订户和内容方面的稳定增长无疑是一个阻力。从逻辑上讲，COVID应该增加从场外（剧院）娱乐到家庭娱乐的转变，就像购物和工作一样。保持电影上座率接近19年的水平将是一个小小的奇迹。下降10%，甚至20%的可能性要大得多。如上表所示，我使用所有三种票房假设对2022年AMC每股收益进行预测。</blockquote></p><p> <b><i>AMC market share.</i></b>I assume a share increase from AMC’s ’17-’19 level because some competing theaters must have dropped out because of COVID financial pressures.</p><p><blockquote><b><i>AMC市场份额。</i></b>我假设AMC的份额会比17-19年的水平有所增加，因为一些竞争影院肯定因新冠疫情的财务压力而退出。</blockquote></p><p> <b><i>Admissions gross margin.</i></b>This is the profit from ticket sales less the cost of licensing movies from their producers. I hold AMC steady with ’17-’19, but I can also imagine that movie producers seek better terms because AMC has to bid against a growing pool of streaming services desperate for content.</p><p><blockquote><b><i>招生毛利率。</i></b>这是门票销售的利润减去制片人授权电影的成本。我认为AMC在17-19年保持稳定，但我也可以想象电影制片人会寻求更好的条款，因为AMC必须与越来越多渴望内容的流媒体服务竞标。</blockquote></p><p> <b><i>Food expenses as a percent of sales.</i></b>I carry forward the shockingly low number. AMC, and presumably its peers, take their food and beverage costs and<i>multiply them by 7 in their pricing to us moviegoers.</i>Smuggle in your own Jujifruits and save a bundle. My best financial advice for the year.</p><p><blockquote><b><i>食品费用占销售额的百分比。</i></b>我继承了低得惊人的数字。AMC，大概还有它的同行，承担他们的食品和饮料成本<i>将它们对美国电影观众的定价乘以7。</i>走私你自己的Jujifruits，省下一捆。我今年最好的理财建议。</blockquote></p><p> <b><i>Food and beverage sales as a percent of ticket prices.</i></b>I assume that AMC’s trend of modest increases continues.</p><p><blockquote><b><i>食品和饮料销售额占票价的百分比。</i></b>我认为AMC小幅上涨的趋势仍在继续。</blockquote></p><p> <b><i>Operating expenses</i></b>are the cost of the theater personnel, utilities, etc. I assume the gradual uptrend in the operating expense ratio continues, for two reasons. One, these operating expenses are largely fixed, and revenues will be under pressure. Second, it seems logical that the current labor shortage will pressure pay levels for low-end theater jobs.</p><p><blockquote><b><i>营业费用</i></b>是剧院人员、公用事业等的成本。我认为运营费用率的逐步上升趋势仍在继续，原因有二。第一，这些运营费用基本上是固定的，收入将面临压力。其次，当前的劳动力短缺将给低端剧院工作的薪酬水平带来压力，这似乎是合乎逻辑的。</blockquote></p><p></p><p> We’re now ready for my earnings and cash flow models:</p><p><blockquote>我们现在已经为我的盈利和现金流模型做好了准备：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b8a5ce8ad10adb3336126cdb0a5e598\" tg-width=\"537\" tg-height=\"497\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The ’22 forecasts are set by the assumptions above through the “gross profit” line. My overhead expense forecast assumes that AMC is working hard to limit expenses through its challenging times:</p><p><blockquote>22年的预测是根据上述假设通过“毛利润”线设定的。我的管理费用预测假设AMC正在努力限制费用度过充满挑战的时期：</blockquote></p><p> <ul>  <li><i>Depreciation/amortization</i>is a combination of accounting expenses for real estate and acquisitions. Write-downs taken during the pandemic should have reduced these expenses.</li>  <li><i>Interest expense</i>should decline as AMC pays down some debt with the equity it has been raising.</li> </ul> <b>The gravitational pull of earnings</b></p><p><blockquote><ul><li><i>折旧/摊销</i>是房地产和收购的会计费用的组合。疫情期间进行的减记本应减少这些费用。</li><li><i>利息支出</i>随着AMC用其筹集的股权偿还部分债务，这一数字应该会下降。</li></ul><b>盈利的引力</b></blockquote></p><p> We arrive at the bottom line. The best-case scenario I can see for 2022 EPS is roughly breakeven. More likely is a modest loss. Cash flow should be somewhat worse, because the cash capital spending needed by AMC to keep its theaters attractive to a shrinking audience should exceed its non-cash depreciation/amortization expenses. If capital spending is much lower than I forecast, it is probably because AMC management is conceding that it is in a death spiral and wants to milk what cash it can.</p><p><blockquote>我们到达了底线。我能看到的2022年每股收益的最佳情况是大致盈亏平衡。更有可能的是适度的损失。现金流应该会更糟，因为AMC保持影院对不断萎缩的观众的吸引力所需的现金资本支出应该超过其非现金折旧/摊销费用。如果资本支出远低于我的预测，可能是因为AMC管理层承认自己正处于死亡螺旋之中，并希望尽可能榨取现金。</blockquote></p><p> <i>The bottom line - no support for investors.</i>AMC’s book value is negative. It appears incapable of earning any material money post-COVID. Its business is in long-term decline due to technology changes, and its new competitors are monster companies – Netflix, Disney, Comcast, etc. – with huge resources. An investor can only look at AMC’s current $55 stock price and with a shudder say, in the immortal words of<i>Trading Places</i>, “Sell Mortimer, sell!”</p><p><blockquote><i>底线是——不支持投资者。</i>AMC的账面价值为负。在COVID之后，它似乎无法赚取任何物质收入。其业务因技术变革而长期下滑，新的竞争对手是拥有巨大资源的怪兽公司——奈飞、迪士尼、康卡斯特等。投资者只能看着AMC目前55美元的股价，不寒而栗地说，用不朽的话来说<i>交易场所</i>、“卖莫蒂默，卖！”</blockquote></p><p> <b>The speculative play - a short squeeze: A historical cautionary tale</b></p><p><blockquote><b>投机游戏——轧空：历史警示</b></blockquote></p><p> Millennials did not invent the short squeeze. It has been around almost as long financial markets have existed. The book<i>Business Adventures</i>by John Brooks<i>,</i>published way back in 1969, tells a vivid tale of a short squeeze even farther back, in the early 1920s. Literally a century ago. I’m going to quote from the book to suggest how the story ends for speculations with no investor support. So pour yourself some illegal hooch (we’re heading to the Prohibition Era) and read on. This is the story of Clarence Saunders, the founder of Piggly Wiggly Stores, the first supermarket; the Amazon of his day.</p><p><blockquote>千禧一代并没有发明轧空。它几乎和金融市场存在的时间一样长。这本书<i>商业冒险</i>约翰·布鲁克斯<i>,</i>早在1969年就出版了，生动地讲述了20世纪20年代初的空头挤压故事。一个世纪前。我将引用书中的话来说明在没有投资者支持的情况下，投机的故事将如何结束。所以，给自己倒点非法烈酒（我们正走向禁酒令时代），继续读下去。这是第一家超市Piggly Wiggly Stores的创始人克拉伦斯·桑德斯的故事；他那个时代的亚马逊。</blockquote></p><p> Shorts went after Clarence’s stock in 1922, driving it from $50 to below $40. Saunders vowed revenge with a short squeeze. Here are excerpts of Mr. Brooks’ recounting of the story:</p><p><blockquote>1922年，空头追捧克拉伦斯的股票，将其从50美元推至40美元以下。桑德斯发誓要用空头挤压进行报复。以下是布鲁克斯先生讲述这个故事的摘录：</blockquote></p><p>   “  <i>Saunders…bought 33,000 shares of Piggly Wiggly, mostly from short sellers; within a week he had brought the total to 105,000 – more than half of the 200,000 shares outstanding. The effectiveness of Saunders’ buying campaign was readily apparent; by late January of 1923 it had driven he price up over $60…</i>”  The sole short squeezer of yore has been replaced by herds of “apes” today, and the apes have been far better in driving up prices. By the way, believe it or not, a group of apes is apparently called a “shrewdness”. A group of apes is shrewd – interesting.</p><p><blockquote>“<i>桑德斯……购买了33,000股Piggly Wiggly股票，大部分来自卖空者；不到一周，他就将总数增加到了10.5万股——超过了20万股已发行股票的一半。桑德斯购买活动的有效性显而易见；到1923年1月下旬，它已将价格推高了60多美元……</i>“昔日唯一的空头挤压者如今已被成群的“猿”所取代，而猿在推高价格方面要好得多。顺便说一句，信不信由你，一群猿显然被称为“精明”。一群猿很精明——有意思。</blockquote></p><p>   “  <i>He had made himself a bundle and had demonstrated how a poor Southern boy could teach the city slickers a lesson.”</i>  Today we have apes sticking it to hedge funds.</p><p><blockquote>“<i>他赚了一大笔钱，证明了一个贫穷的南方男孩是如何教训城市里的狡猾分子的。”</i>今天，我们有猿类坚持对冲基金。</blockquote></p><p>   “  <i>One of the great hazards in the Corner was always that even though a player might defeat his opponents, he would discover that he had won a Pyrrhic victory. Once the short sellers had been squeezed dry, the cornerer might find that the reams of stock he had accumulated in the process were a dead weight around his neck; by pushing it all back into the market, he would drive its price down to zero.</i>”  Something to think about. What was Saunders to do?</p><p><blockquote>“<i>角落里最大的危险之一总是，即使一个玩家可能会击败他的对手，他也会发现他赢得了一场得不偿失的胜利。一旦卖空者被榨干，卖空者可能会发现他在这个过程中积累的大量股票是他脖子上的沉重负担；通过将其全部推回市场，他会将其价格降至零。</i>“值得思考的事情。桑德斯该怎么办？</blockquote></p><p>   “[  <i>Saunders’] solution was to sell his $55 shares on the installment plan. In his February advertisements, he stipulated that the public could buy shares only by paying $25 down and the balance in three $10 installments</i>.”  Pretty clever, no? No:</p><p><blockquote>“[<i>桑德斯的解决方案是出售分期付款计划中价值55美元的股票。在他二月份的广告中，他规定公众只需支付25美元的首付，余款分三期支付10美元即可购买股票</i>“很聪明，不是吗？没有：</blockquote></p><p>   “  <i>At the end of the third day, the total number of shares subscribed for was still under 25,000, and the sales that were made were canceled. Saunders had to admit that the drive had been a failure.”</i>  Uh oh. What now?</p><p><blockquote>“<i>在第三天结束时，认购的股份总数仍低于2.5万股，所做的卖出被取消。桑德斯不得不承认这次旅行是失败的。”</i>呃哦。现在怎么办？</blockquote></p><p>   <i>“On August 22nd, the New York auction firm of Adrian H. Muller &amp; Son…knocked down 1,500 shares of Piggly Wiggly at $1 a share…The following spring Saunders went through formal bankruptcy proceedings.”</i>  Ouch.</p><p><blockquote><i>“8月22日，Adrian H.Muller&amp;Son的纽约拍卖公司……以每股1美元的价格拍卖了1,500股Piggly Wiggly股票……第二年春天，Saunders进入了正式破产程序。”</i>哎哟。</blockquote></p><p> <b>Buyers beware</b></p><p><blockquote><b>买家当心</b></blockquote></p><p> As Jason Zweig noted above, speculators depend upon finding a buyer at a higher price. Today’s holders of AMC stock certainly have made life painful for many short sellers. But are there really enough new buyers to take out current shareholders above AMC’s present $28 billion market cap? Especially with the gravity of no earnings constantly weighing on the stock?</p><p><blockquote>正如杰森·茨威格上面指出的，投机者依赖于以更高的价格找到买家。如今AMC股票的持有者无疑让许多卖空者的生活变得痛苦。但真的有足够多的新买家来收购AMC目前280亿美元市值以上的现有股东吗？尤其是在没有盈利的情况下不断给股票带来压力的情况下？</blockquote></p><p></p><p> AMC shareholders, don’t win Clarence Saunders’ Pyrrhic victory. Take your $55 a share and run. Fast. Before the other speculating holders do so first.</p><p><blockquote>AMC股东们，不要赢得克拉伦斯·桑德斯得不偿失的胜利。拿着每股55美元跑吧。快的。在其他投机持有者首先这样做之前。</blockquote></p><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>AMC: Danger Signals For Investors And Speculators<blockquote>AMC：投资者和投机者的危险信号</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAMC: Danger Signals For Investors And Speculators<blockquote>AMC：投资者和投机者的危险信号</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-18 11:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I stand on the shoulder of giants to guide you on AMC.</li>  <li>For investors, the gravitational pull of no earning prospects provides little support to the stock.</li>  <li>A century-old cautionary tale for speculators counting on a short squeeze.</li>  <li>Sell before the other speculators do.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dabb985556b9f549dd561bf919495d08\" tg-width=\"768\" tg-height=\"513\"><span>RgStudio/E+ via Getty Images</span></p><p><blockquote><ul><li>我站在巨人的肩膀上，在AMC上指导你。</li><li>对于投资者来说，没有盈利前景的引力对该股几乎没有支撑。</li><li>对于指望轧空的投机者来说，这是一个百年的警示故事。</li><li>在其他投机者之前卖出。</li></ul><p class=\"t-img-caption\"><span>RgStudio/E+来自Getty Images</span></p></blockquote></p><p> What are we to make of the meme stock phenomena? I tookone stab at itwith AMC Entertainment Holdings, Inc.(NYSE:AMC)a few weeks ago. I’m back for more, after reading two interesting pieces. As Isaac Newton said in 1676, “<i>If I have seen a little further it is by standing on the shoulders of Giants.</i>” Now I’m no Isaac Newton. For one, I’m far better looking. But like Zeke – a nickname Isaac’s friends probably never used – I too stand on the shoulders of giants. In this case the shoulders of Jason Zweig, a wonderful financial markets writer for<i>The Wall Street Journal</i>, and John Brooks, author of “<i>Business Adventures</i>”, a book recommended by Bill Gates. I will quote liberally from both in this article, then draw the line for you to AMC.</p><p><blockquote>我们如何看待模因股票现象？几周前，我与AMC院线控股公司（纽约证券交易所股票代码：AMC）一起尝试了一下。在读了两篇有趣的文章后，我回来看更多。正如艾萨克·牛顿在1676年所说，“<i>如果说我看得更远了一点，那就是站在巨人的肩膀上。</i>“现在我不是艾萨克·牛顿了。首先，我看起来好多了。但就像齐克一样——艾萨克的朋友们可能从未使用过这个昵称——我也站在巨人的肩膀上。在这种情况下，杰森·茨威格（Jason Zweig）是一位出色的金融市场作家<i>华尔街日报</i>，以及约翰·布鲁克斯，《<i>商业冒险</i>》，比尔盖茨推荐的一本书。我将在本文中大量引用两者，然后为您与AMC划清界限。</blockquote></p><p> <b>Investor vs. trader vs. speculator</b></p><p><blockquote><b>投资者、交易者、投机者</b></blockquote></p><p> Jason Zweig graphically distinguished between these three types of stock buyers in hisJune 11, 2021<i>Wall Street Journal</i>column:</p><p><blockquote>Jason Zweig在他的2021年6月11日以图形方式区分了这三种类型的股票买家<i>华尔街日报</i>柱：</blockquote></p><p>   “  <i>Whenever you buy any financial asset because you have a hunch or just for kicks, or because somebody famous is hyping the heck out of it, or everybody else seems to be buying it too, you aren’t investing.You’re definitely a trader: someone who has just bought an asset. And you may be a speculator: someone who thinks other people will pay more for it than you did.”“An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarily whether somebody else will pay more, regardless of fundamental value.”</i>  So why has AMC’s stock price been on a tear? I have one informal data source, namely the 300+ comments on my June 4 AMC article. Earnings, income, growth in the value of assets<i>never</i>came up. What did come up was “short squeeze” and stock charts. So I expect Mr. Zweig would describe AMC’s stock as driven by traders and speculators.</p><p><blockquote>“<i>每当你因为有预感或只是为了好玩而购买任何金融资产，或者因为某个名人正在大肆宣传，或者其他人似乎也在购买它，你就不是在投资。你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你支付更多的钱。”“投资者依赖内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。”</i>那么为什么AMC的股价一直在上涨呢？我有一个非正式的数据来源，即我6月4日AMC文章的300多条评论。收益，收入，资产价值的增长<i>没有</i>上来了。出现的是“轧空”和股票图表。因此，我预计茨威格先生会将AMC的股票描述为由交易员和投机者推动的。</blockquote></p><p> Mr. Zweig also made me realize that my AMC article left out an earnings forecast. I gave lots of data on historic trends, which only implied a future direction. I correct that omission here.</p><p><blockquote>茨威格先生还让我意识到，我的AMC文章遗漏了盈利预测。我给出了很多关于历史趋势的数据，这些数据只是暗示了未来的方向。我在这里纠正这个遗漏。</blockquote></p><p> <b>A 2022 AMC earnings forecast</b></p><p><blockquote><b>2022年AMC盈利预测</b></blockquote></p><p> I start with the key assumptions:</p><p><blockquote>我从关键假设开始：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3f5311cb0ff00c046d122c2c84fc3aea\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>My time frame for reference</i>&nbsp;is 2017 to 2019. Earlier data is less relevant because AMC made a big acquisition in 2016, and 2020 and 2021 data is even less relevant because of COVID.</p><p><blockquote><i>我的参考时间框架</i>是2017年到2019年。早期的数据相关性较低，因为AMC在2016年进行了一项大型收购，而2020年和2021年的数据则因为新冠疫情而相关性更低。</blockquote></p><p> <i>The national box office</i>is the major assumption.My June 4 articleshows that movie attendance has been declining since 2002. What will box office be next year? The steady growth in streaming, both in subscribers and content, certainly is a headwind. And COVID logically should increase the shift from offsite (theater) entertainment to home entertainment, as it has for shopping and working. Holding movie attendance near its ’19 level would be a minor miracle. A 10%, or even a 20%, decline is far more likely. As you can see in the table above, I make 2022 AMC EPS forecasts using all three box office assumptions.</p><p><blockquote><i>全国票房</i>是主要假设。我6月4日的文章显示，自2002年以来，电影上座率一直在下降。明年票房会是多少？流媒体在订户和内容方面的稳定增长无疑是一个阻力。从逻辑上讲，COVID应该增加从场外（剧院）娱乐到家庭娱乐的转变，就像购物和工作一样。保持电影上座率接近19年的水平将是一个小小的奇迹。下降10%，甚至20%的可能性要大得多。如上表所示，我使用所有三种票房假设对2022年AMC每股收益进行预测。</blockquote></p><p> <b><i>AMC market share.</i></b>I assume a share increase from AMC’s ’17-’19 level because some competing theaters must have dropped out because of COVID financial pressures.</p><p><blockquote><b><i>AMC市场份额。</i></b>我假设AMC的份额会比17-19年的水平有所增加，因为一些竞争影院肯定因新冠疫情的财务压力而退出。</blockquote></p><p> <b><i>Admissions gross margin.</i></b>This is the profit from ticket sales less the cost of licensing movies from their producers. I hold AMC steady with ’17-’19, but I can also imagine that movie producers seek better terms because AMC has to bid against a growing pool of streaming services desperate for content.</p><p><blockquote><b><i>招生毛利率。</i></b>这是门票销售的利润减去制片人授权电影的成本。我认为AMC在17-19年保持稳定，但我也可以想象电影制片人会寻求更好的条款，因为AMC必须与越来越多渴望内容的流媒体服务竞标。</blockquote></p><p> <b><i>Food expenses as a percent of sales.</i></b>I carry forward the shockingly low number. AMC, and presumably its peers, take their food and beverage costs and<i>multiply them by 7 in their pricing to us moviegoers.</i>Smuggle in your own Jujifruits and save a bundle. My best financial advice for the year.</p><p><blockquote><b><i>食品费用占销售额的百分比。</i></b>我继承了低得惊人的数字。AMC，大概还有它的同行，承担他们的食品和饮料成本<i>将它们对美国电影观众的定价乘以7。</i>走私你自己的Jujifruits，省下一捆。我今年最好的理财建议。</blockquote></p><p> <b><i>Food and beverage sales as a percent of ticket prices.</i></b>I assume that AMC’s trend of modest increases continues.</p><p><blockquote><b><i>食品和饮料销售额占票价的百分比。</i></b>我认为AMC小幅上涨的趋势仍在继续。</blockquote></p><p> <b><i>Operating expenses</i></b>are the cost of the theater personnel, utilities, etc. I assume the gradual uptrend in the operating expense ratio continues, for two reasons. One, these operating expenses are largely fixed, and revenues will be under pressure. Second, it seems logical that the current labor shortage will pressure pay levels for low-end theater jobs.</p><p><blockquote><b><i>营业费用</i></b>是剧院人员、公用事业等的成本。我认为运营费用率的逐步上升趋势仍在继续，原因有二。第一，这些运营费用基本上是固定的，收入将面临压力。其次，当前的劳动力短缺将给低端剧院工作的薪酬水平带来压力，这似乎是合乎逻辑的。</blockquote></p><p></p><p> We’re now ready for my earnings and cash flow models:</p><p><blockquote>我们现在已经为我的盈利和现金流模型做好了准备：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9b8a5ce8ad10adb3336126cdb0a5e598\" tg-width=\"537\" tg-height=\"497\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The ’22 forecasts are set by the assumptions above through the “gross profit” line. My overhead expense forecast assumes that AMC is working hard to limit expenses through its challenging times:</p><p><blockquote>22年的预测是根据上述假设通过“毛利润”线设定的。我的管理费用预测假设AMC正在努力限制费用度过充满挑战的时期：</blockquote></p><p> <ul>  <li><i>Depreciation/amortization</i>is a combination of accounting expenses for real estate and acquisitions. Write-downs taken during the pandemic should have reduced these expenses.</li>  <li><i>Interest expense</i>should decline as AMC pays down some debt with the equity it has been raising.</li> </ul> <b>The gravitational pull of earnings</b></p><p><blockquote><ul><li><i>折旧/摊销</i>是房地产和收购的会计费用的组合。疫情期间进行的减记本应减少这些费用。</li><li><i>利息支出</i>随着AMC用其筹集的股权偿还部分债务，这一数字应该会下降。</li></ul><b>盈利的引力</b></blockquote></p><p> We arrive at the bottom line. The best-case scenario I can see for 2022 EPS is roughly breakeven. More likely is a modest loss. Cash flow should be somewhat worse, because the cash capital spending needed by AMC to keep its theaters attractive to a shrinking audience should exceed its non-cash depreciation/amortization expenses. If capital spending is much lower than I forecast, it is probably because AMC management is conceding that it is in a death spiral and wants to milk what cash it can.</p><p><blockquote>我们到达了底线。我能看到的2022年每股收益的最佳情况是大致盈亏平衡。更有可能的是适度的损失。现金流应该会更糟，因为AMC保持影院对不断萎缩的观众的吸引力所需的现金资本支出应该超过其非现金折旧/摊销费用。如果资本支出远低于我的预测，可能是因为AMC管理层承认自己正处于死亡螺旋之中，并希望尽可能榨取现金。</blockquote></p><p> <i>The bottom line - no support for investors.</i>AMC’s book value is negative. It appears incapable of earning any material money post-COVID. Its business is in long-term decline due to technology changes, and its new competitors are monster companies – Netflix, Disney, Comcast, etc. – with huge resources. An investor can only look at AMC’s current $55 stock price and with a shudder say, in the immortal words of<i>Trading Places</i>, “Sell Mortimer, sell!”</p><p><blockquote><i>底线是——不支持投资者。</i>AMC的账面价值为负。在COVID之后，它似乎无法赚取任何物质收入。其业务因技术变革而长期下滑，新的竞争对手是拥有巨大资源的怪兽公司——奈飞、迪士尼、康卡斯特等。投资者只能看着AMC目前55美元的股价，不寒而栗地说，用不朽的话来说<i>交易场所</i>、“卖莫蒂默，卖！”</blockquote></p><p> <b>The speculative play - a short squeeze: A historical cautionary tale</b></p><p><blockquote><b>投机游戏——轧空：历史警示</b></blockquote></p><p> Millennials did not invent the short squeeze. It has been around almost as long financial markets have existed. The book<i>Business Adventures</i>by John Brooks<i>,</i>published way back in 1969, tells a vivid tale of a short squeeze even farther back, in the early 1920s. Literally a century ago. I’m going to quote from the book to suggest how the story ends for speculations with no investor support. So pour yourself some illegal hooch (we’re heading to the Prohibition Era) and read on. This is the story of Clarence Saunders, the founder of Piggly Wiggly Stores, the first supermarket; the Amazon of his day.</p><p><blockquote>千禧一代并没有发明轧空。它几乎和金融市场存在的时间一样长。这本书<i>商业冒险</i>约翰·布鲁克斯<i>,</i>早在1969年就出版了，生动地讲述了20世纪20年代初的空头挤压故事。一个世纪前。我将引用书中的话来说明在没有投资者支持的情况下，投机的故事将如何结束。所以，给自己倒点非法烈酒（我们正走向禁酒令时代），继续读下去。这是第一家超市Piggly Wiggly Stores的创始人克拉伦斯·桑德斯的故事；他那个时代的亚马逊。</blockquote></p><p> Shorts went after Clarence’s stock in 1922, driving it from $50 to below $40. Saunders vowed revenge with a short squeeze. Here are excerpts of Mr. Brooks’ recounting of the story:</p><p><blockquote>1922年，空头追捧克拉伦斯的股票，将其从50美元推至40美元以下。桑德斯发誓要用空头挤压进行报复。以下是布鲁克斯先生讲述这个故事的摘录：</blockquote></p><p>   “  <i>Saunders…bought 33,000 shares of Piggly Wiggly, mostly from short sellers; within a week he had brought the total to 105,000 – more than half of the 200,000 shares outstanding. The effectiveness of Saunders’ buying campaign was readily apparent; by late January of 1923 it had driven he price up over $60…</i>”  The sole short squeezer of yore has been replaced by herds of “apes” today, and the apes have been far better in driving up prices. By the way, believe it or not, a group of apes is apparently called a “shrewdness”. A group of apes is shrewd – interesting.</p><p><blockquote>“<i>桑德斯……购买了33,000股Piggly Wiggly股票，大部分来自卖空者；不到一周，他就将总数增加到了10.5万股——超过了20万股已发行股票的一半。桑德斯购买活动的有效性显而易见；到1923年1月下旬，它已将价格推高了60多美元……</i>“昔日唯一的空头挤压者如今已被成群的“猿”所取代，而猿在推高价格方面要好得多。顺便说一句，信不信由你，一群猿显然被称为“精明”。一群猿很精明——有意思。</blockquote></p><p>   “  <i>He had made himself a bundle and had demonstrated how a poor Southern boy could teach the city slickers a lesson.”</i>  Today we have apes sticking it to hedge funds.</p><p><blockquote>“<i>他赚了一大笔钱，证明了一个贫穷的南方男孩是如何教训城市里的狡猾分子的。”</i>今天，我们有猿类坚持对冲基金。</blockquote></p><p>   “  <i>One of the great hazards in the Corner was always that even though a player might defeat his opponents, he would discover that he had won a Pyrrhic victory. Once the short sellers had been squeezed dry, the cornerer might find that the reams of stock he had accumulated in the process were a dead weight around his neck; by pushing it all back into the market, he would drive its price down to zero.</i>”  Something to think about. What was Saunders to do?</p><p><blockquote>“<i>角落里最大的危险之一总是，即使一个玩家可能会击败他的对手，他也会发现他赢得了一场得不偿失的胜利。一旦卖空者被榨干，卖空者可能会发现他在这个过程中积累的大量股票是他脖子上的沉重负担；通过将其全部推回市场，他会将其价格降至零。</i>“值得思考的事情。桑德斯该怎么办？</blockquote></p><p>   “[  <i>Saunders’] solution was to sell his $55 shares on the installment plan. In his February advertisements, he stipulated that the public could buy shares only by paying $25 down and the balance in three $10 installments</i>.”  Pretty clever, no? No:</p><p><blockquote>“[<i>桑德斯的解决方案是出售分期付款计划中价值55美元的股票。在他二月份的广告中，他规定公众只需支付25美元的首付，余款分三期支付10美元即可购买股票</i>“很聪明，不是吗？没有：</blockquote></p><p>   “  <i>At the end of the third day, the total number of shares subscribed for was still under 25,000, and the sales that were made were canceled. Saunders had to admit that the drive had been a failure.”</i>  Uh oh. What now?</p><p><blockquote>“<i>在第三天结束时，认购的股份总数仍低于2.5万股，所做的卖出被取消。桑德斯不得不承认这次旅行是失败的。”</i>呃哦。现在怎么办？</blockquote></p><p>   <i>“On August 22nd, the New York auction firm of Adrian H. Muller &amp; Son…knocked down 1,500 shares of Piggly Wiggly at $1 a share…The following spring Saunders went through formal bankruptcy proceedings.”</i>  Ouch.</p><p><blockquote><i>“8月22日，Adrian H.Muller&amp;Son的纽约拍卖公司……以每股1美元的价格拍卖了1,500股Piggly Wiggly股票……第二年春天，Saunders进入了正式破产程序。”</i>哎哟。</blockquote></p><p> <b>Buyers beware</b></p><p><blockquote><b>买家当心</b></blockquote></p><p> As Jason Zweig noted above, speculators depend upon finding a buyer at a higher price. Today’s holders of AMC stock certainly have made life painful for many short sellers. But are there really enough new buyers to take out current shareholders above AMC’s present $28 billion market cap? Especially with the gravity of no earnings constantly weighing on the stock?</p><p><blockquote>正如杰森·茨威格上面指出的，投机者依赖于以更高的价格找到买家。如今AMC股票的持有者无疑让许多卖空者的生活变得痛苦。但真的有足够多的新买家来收购AMC目前280亿美元市值以上的现有股东吗？尤其是在没有盈利的情况下不断给股票带来压力的情况下？</blockquote></p><p></p><p> AMC shareholders, don’t win Clarence Saunders’ Pyrrhic victory. Take your $55 a share and run. Fast. Before the other speculating holders do so first.</p><p><blockquote>AMC股东们，不要赢得克拉伦斯·桑德斯得不偿失的胜利。拿着每股55美元跑吧。快的。在其他投机持有者首先这样做之前。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4435360-amc-stock-danger-signals-for-investors-and-speculators\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4435360-amc-stock-danger-signals-for-investors-and-speculators","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131310015","content_text":"Summary\n\nI stand on the shoulder of giants to guide you on AMC.\nFor investors, the gravitational pull of no earning prospects provides little support to the stock.\nA century-old cautionary tale for speculators counting on a short squeeze.\nSell before the other speculators do.\n\nRgStudio/E+ via Getty Images\nWhat are we to make of the meme stock phenomena? I tookone stab at itwith AMC Entertainment Holdings, Inc.(NYSE:AMC)a few weeks ago. I’m back for more, after reading two interesting pieces. As Isaac Newton said in 1676, “If I have seen a little further it is by standing on the shoulders of Giants.” Now I’m no Isaac Newton. For one, I’m far better looking. But like Zeke – a nickname Isaac’s friends probably never used – I too stand on the shoulders of giants. In this case the shoulders of Jason Zweig, a wonderful financial markets writer forThe Wall Street Journal, and John Brooks, author of “Business Adventures”, a book recommended by Bill Gates. I will quote liberally from both in this article, then draw the line for you to AMC.\nInvestor vs. trader vs. speculator\nJason Zweig graphically distinguished between these three types of stock buyers in hisJune 11, 2021Wall Street Journalcolumn:\n\n “\n Whenever you buy any financial asset because you have a hunch or just for kicks, or because somebody famous is hyping the heck out of it, or everybody else seems to be buying it too, you aren’t investing.You’re definitely a trader: someone who has just bought an asset. And you may be a speculator: someone who thinks other people will pay more for it than you did.”“An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarily whether somebody else will pay more, regardless of fundamental value.”\n\nSo why has AMC’s stock price been on a tear? I have one informal data source, namely the 300+ comments on my June 4 AMC article. Earnings, income, growth in the value of assetsnevercame up. What did come up was “short squeeze” and stock charts. So I expect Mr. Zweig would describe AMC’s stock as driven by traders and speculators.\nMr. Zweig also made me realize that my AMC article left out an earnings forecast. I gave lots of data on historic trends, which only implied a future direction. I correct that omission here.\nA 2022 AMC earnings forecast\nI start with the key assumptions:\n\nMy time frame for reference is 2017 to 2019. Earlier data is less relevant because AMC made a big acquisition in 2016, and 2020 and 2021 data is even less relevant because of COVID.\nThe national box officeis the major assumption.My June 4 articleshows that movie attendance has been declining since 2002. What will box office be next year? The steady growth in streaming, both in subscribers and content, certainly is a headwind. And COVID logically should increase the shift from offsite (theater) entertainment to home entertainment, as it has for shopping and working. Holding movie attendance near its ’19 level would be a minor miracle. A 10%, or even a 20%, decline is far more likely. As you can see in the table above, I make 2022 AMC EPS forecasts using all three box office assumptions.\nAMC market share.I assume a share increase from AMC’s ’17-’19 level because some competing theaters must have dropped out because of COVID financial pressures.\nAdmissions gross margin.This is the profit from ticket sales less the cost of licensing movies from their producers. I hold AMC steady with ’17-’19, but I can also imagine that movie producers seek better terms because AMC has to bid against a growing pool of streaming services desperate for content.\nFood expenses as a percent of sales.I carry forward the shockingly low number. AMC, and presumably its peers, take their food and beverage costs andmultiply them by 7 in their pricing to us moviegoers.Smuggle in your own Jujifruits and save a bundle. My best financial advice for the year.\nFood and beverage sales as a percent of ticket prices.I assume that AMC’s trend of modest increases continues.\nOperating expensesare the cost of the theater personnel, utilities, etc. I assume the gradual uptrend in the operating expense ratio continues, for two reasons. One, these operating expenses are largely fixed, and revenues will be under pressure. Second, it seems logical that the current labor shortage will pressure pay levels for low-end theater jobs.\nWe’re now ready for my earnings and cash flow models:\n\nThe ’22 forecasts are set by the assumptions above through the “gross profit” line. My overhead expense forecast assumes that AMC is working hard to limit expenses through its challenging times:\n\nDepreciation/amortizationis a combination of accounting expenses for real estate and acquisitions. Write-downs taken during the pandemic should have reduced these expenses.\nInterest expenseshould decline as AMC pays down some debt with the equity it has been raising.\n\nThe gravitational pull of earnings\nWe arrive at the bottom line. The best-case scenario I can see for 2022 EPS is roughly breakeven. More likely is a modest loss. Cash flow should be somewhat worse, because the cash capital spending needed by AMC to keep its theaters attractive to a shrinking audience should exceed its non-cash depreciation/amortization expenses. If capital spending is much lower than I forecast, it is probably because AMC management is conceding that it is in a death spiral and wants to milk what cash it can.\nThe bottom line - no support for investors.AMC’s book value is negative. It appears incapable of earning any material money post-COVID. Its business is in long-term decline due to technology changes, and its new competitors are monster companies – Netflix, Disney, Comcast, etc. – with huge resources. An investor can only look at AMC’s current $55 stock price and with a shudder say, in the immortal words ofTrading Places, “Sell Mortimer, sell!”\nThe speculative play - a short squeeze: A historical cautionary tale\nMillennials did not invent the short squeeze. It has been around almost as long financial markets have existed. The bookBusiness Adventuresby John Brooks,published way back in 1969, tells a vivid tale of a short squeeze even farther back, in the early 1920s. Literally a century ago. I’m going to quote from the book to suggest how the story ends for speculations with no investor support. So pour yourself some illegal hooch (we’re heading to the Prohibition Era) and read on. This is the story of Clarence Saunders, the founder of Piggly Wiggly Stores, the first supermarket; the Amazon of his day.\nShorts went after Clarence’s stock in 1922, driving it from $50 to below $40. Saunders vowed revenge with a short squeeze. Here are excerpts of Mr. Brooks’ recounting of the story:\n\n “\n Saunders…bought 33,000 shares of Piggly Wiggly, mostly from short sellers; within a week he had brought the total to 105,000 – more than half of the 200,000 shares outstanding. The effectiveness of Saunders’ buying campaign was readily apparent; by late January of 1923 it had driven he price up over $60…”\n\nThe sole short squeezer of yore has been replaced by herds of “apes” today, and the apes have been far better in driving up prices. By the way, believe it or not, a group of apes is apparently called a “shrewdness”. A group of apes is shrewd – interesting.\n\n “\n He had made himself a bundle and had demonstrated how a poor Southern boy could teach the city slickers a lesson.”\n\nToday we have apes sticking it to hedge funds.\n\n “\n One of the great hazards in the Corner was always that even though a player might defeat his opponents, he would discover that he had won a Pyrrhic victory. Once the short sellers had been squeezed dry, the cornerer might find that the reams of stock he had accumulated in the process were a dead weight around his neck; by pushing it all back into the market, he would drive its price down to zero.”\n\nSomething to think about. What was Saunders to do?\n\n “[\n Saunders’] solution was to sell his $55 shares on the installment plan. In his February advertisements, he stipulated that the public could buy shares only by paying $25 down and the balance in three $10 installments.”\n\nPretty clever, no? No:\n\n “\n At the end of the third day, the total number of shares subscribed for was still under 25,000, and the sales that were made were canceled. Saunders had to admit that the drive had been a failure.”\n\nUh oh. What now?\n\n“On August 22nd, the New York auction firm of Adrian H. Muller & Son…knocked down 1,500 shares of Piggly Wiggly at $1 a share…The following spring Saunders went through formal bankruptcy proceedings.”\n\nOuch.\nBuyers beware\nAs Jason Zweig noted above, speculators depend upon finding a buyer at a higher price. Today’s holders of AMC stock certainly have made life painful for many short sellers. But are there really enough new buyers to take out current shareholders above AMC’s present $28 billion market cap? Especially with the gravity of no earnings constantly weighing on the stock?\nAMC shareholders, don’t win Clarence Saunders’ Pyrrhic victory. Take your $55 a share and run. Fast. Before the other speculating holders do so first.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":691459786,"gmtCreate":1640231066064,"gmtModify":1640231066237,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Hopefully&nbsp;","listText":"Hopefully&nbsp;","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691459786","repostId":"1101189169","repostType":4,"repost":{"id":"1101189169","kind":"news","pubTimestamp":1640227692,"share":"https://www.laohu8.com/m/news/1101189169?lang=zh_CN&edition=full","pubTime":"2021-12-23 10:48","market":"us","language":"en","title":"Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101189169","media":"InvestorPlace","summary":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:U","content":"<p><div> The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop ...</p><p><blockquote><div>在斯蒂芬·库里和安德玛（纽约证券交易所代码：UA，纽约证券交易所代码：UAA）宣布新系列后，不可替代的代币浪潮今天没有止境。金州勇士队正在纪念库里的新纪录...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页连接</a></blockquote></p><p></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>Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nIs Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.<blockquote>Under Armour是元宇宙的下一只大股票吗？Steph Curry NFTs让UA股票成为焦点。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-23 10:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop ...</p><p><blockquote><div>在斯蒂芬·库里和安德玛（纽约证券交易所代码：UA，纽约证券交易所代码：UAA）宣布新系列后，不可替代的代币浪潮今天没有止境。金州勇士队正在纪念库里的新纪录...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAA":"安德玛公司A类股"},"source_url":"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101189169","content_text":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop the NBA’s all-time three-point shooter list with a collection of NFTs. These wearable collectibles are replicas of his namesake “Curry Flow 9” Under Armour sneakers, which Curry wore when he broke the record on Dec. 14. UA stock has reacted mildly to the news so far, but you can never count out NFT mania.\nWhat do you need to know about this latest metaverse endeavor?\nThe Genesis Curry Flow NFT collection marks the first venture into the metaverse for Under Amour. The collection is the first wearable, cross-platform sneaker NFT. What does this mean? Users across three different metaverses can access them.Decentraland(CCC:MANA-USD),The Sandbox(CCC:SAND-USD) and Gala Games(CCC:GALA-USD) will each have their own style of the sneaker,with modest differences in color and shape.\nEwen Cameron, the founder of Berlin Cameron, the creative agency supporting the NFT launch, commented on the latest release:\n\n “With the stature of Stephen’s achievement, we wanted to do something thattruly changed the metaverse game for good, and so the notion of the first sneaker that can travel across the platform and have genuine functionality and performance was born.”\n\nThe Under Armour collection dropped on Dec. 21. Proceeds benefit children’s sports charities.\nIs Steph Curry NFT News Enough to Rally UA Stock?\nUnder Armour is following competitors Nike(NYSE:NKE) and Adidas(OTCMKTS:ADDYY) into the metaverse. And this really does make sense. The metaverse is set to become a $1 trillion industry, and UA clearly sees the potential.\nJust this month, Adidasannounceda “leap” into the metaverse with a collection of limited-edition NFTs. Nike is taking it a step further with the introduction of its own virtual playscape, “Nikeland.” Built on top of the wildly popular Roblox(NYSE:RBLX) sandbox, the metaverse will act as a platform for Nike fans to play and build. The shoe giant plans on incorporating the Ethereum blockchain to link identification codes to its products as an anti-counterfeit measure.\nInterestingly, each of the three companies has only seen mild reactions in their stock prices following the announcements. UA stock is actually down slightly on the day. In fact, UA and UAA shares have largely traded sideways in the last few years.\nBut there is room for hope, though. The NBA remains one of the most aggressive sports leagues in terms of relevant NFT and crypto exposure. In just a few days, the Staples Center, home of the Los Angeles Lakers, will change its name to the “Crypto.com Arena” as part of a $700 million dollar deal.\nWhile this may mark the beginning of Under Armour’s crypto campaign, it’s not a stretch to assume more is in store. For UA stock fans, the metaverse could be a blessing.","news_type":1,"symbols_score_info":{"UAA":0.9}},"isVote":1,"tweetType":1,"viewCount":3785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153766337,"gmtCreate":1625051822329,"gmtModify":1633945447456,"author":{"id":"3579732094957333","authorId":"3579732094957333","name":"yll90","avatar":"https://static.tigerbbs.com/366536fca6bb044193c008351dd42f15","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579732094957333","idStr":"3579732094957333"},"themes":[],"htmlText":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","listText":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","text":"Oh well, we all know some of the stocks are meant to be a distraction to the real ape stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153766337","repostId":"1150186389","repostType":4,"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}