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2021-06-02
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2021-06-09
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2021-07-14
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2021-05-30
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2021-05-25
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Palantir Gains On Winning $32.5 Million Order From U.S. Forces
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2021-08-21
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2021-06-12
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Investor, Trader, Speculator: Which One Are You?
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2021-06-03
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2021-05-24
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2021-08-30
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2021-06-14
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2021-06-11
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2021-06-06
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2021-06-05
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AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor
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2021-06-03
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Winmark Investment Says Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited
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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlockchain stocks mixed in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-15 21:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 15) Blockchain stocks mixed in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/2add04248d60bb69c41121475aca5e34\" tg-width=\"283\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings","CAN":"嘉楠科技","RIOT":"Riot Platforms","EBON":"亿邦国际","BTBT":"Bit Digital, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180911259","content_text":"(June 15) Blockchain stocks mixed in morning trading.","news_type":1,"symbols_score_info":{"BTBT":0.9,"CAN":0.9,"EBON":0.9,"MARA":0.9,"RIOT":0.9}},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182723940,"gmtCreate":1623622271680,"gmtModify":1631888637810,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584647426424202","authorIdStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a> shar. E","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a> shar. E","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$ shar. E","images":[{"img":"https://static.tigerbbs.com/38164fff159dd8f7d6fed793aa377de1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182723940","isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182729587,"gmtCreate":1623622242449,"gmtModify":1634031204499,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584647426424202","authorIdStr":"3584647426424202"},"themes":[],"htmlText":"Share. ","listText":"Share. ","text":"Share.","images":[{"img":"https://static.tigerbbs.com/ef3b49898d38e17c01d76860d073dcc7","width":"1080","height":"2393"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182729587","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182695442,"gmtCreate":1623566904186,"gmtModify":1631888637812,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584647426424202","authorIdStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$share","images":[{"img":"https://static.tigerbbs.com/38164fff159dd8f7d6fed793aa377de1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182695442","isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186831880,"gmtCreate":1623483320240,"gmtModify":1634032498041,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584647426424202","authorIdStr":"3584647426424202"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186831880","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<blockquote>\n Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n</blockquote>\n<p>I’ve had it.</p>\n<p>The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p>\n<p>If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p>\n<p>Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p>\n<p>You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p>\n<p>Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p>\n<p>An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p>\n<p>The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p>\n<p>Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p>\n<p>He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p>\n<p>“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p>\n<p>Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p>\n<p>In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p>\n<p>However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p>\n<p>Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p>\n<p>If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p>\n<p>Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p>\n<p>I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p>\n<p>“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p>\n<p>I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p>\n<p>Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p>\n<p>Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p>\n<p>In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p>\n<p>The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p>\n<p>PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p>\n<p>Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p>\n<p>In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</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>Investor, Trader, Speculator: Which One Are You?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestor, Trader, Speculator: Which One Are You?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:56 GMT+8 <a href=https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of ...</p>\n\n<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186833759,"gmtCreate":1623483251671,"gmtModify":1634032498286,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584647426424202","authorIdStr":"3584647426424202"},"themes":[],"htmlText":"Share","listText":"Share","text":"Share","images":[{"img":"https://static.tigerbbs.com/4620bbf85099f6d821ec611eae751c5b","width":"1080","height":"2393"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186833759","isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":113457504,"gmtCreate":1622636290808,"gmtModify":1634099729628,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Com. 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","text":"Comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/135148491","repostId":"2138517320","repostType":4,"isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810367102,"gmtCreate":1629945401306,"gmtModify":1633681253931,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/810367102","repostId":"2162830066","repostType":4,"isVote":1,"tweetType":1,"viewCount":1074,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145794996,"gmtCreate":1626243810715,"gmtModify":1631888637799,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$share","images":[{"img":"https://static.tigerbbs.com/94f5c00bcf1dc2f695f124501b62f88b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/145794996","isVote":1,"tweetType":1,"viewCount":2131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137756531,"gmtCreate":1622410298923,"gmtModify":1634101835318,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Comment. 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","text":"Hi.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/137791694","repostId":"2138948877","repostType":4,"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134794823,"gmtCreate":1622258020862,"gmtModify":1634102704554,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Share. ","listText":"Share. ","text":"Share.","images":[{"img":"https://static.tigerbbs.com/930626d190ee6841dcb2971cd2fec958","width":"1080","height":"2189"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134794823","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":131475019,"gmtCreate":1621891844831,"gmtModify":1634185852394,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131475019","repostId":"2137155387","repostType":4,"repost":{"id":"2137155387","kind":"news","pubTimestamp":1621867848,"share":"https://www.laohu8.com/m/news/2137155387?lang=&edition=full","pubTime":"2021-05-24 22:50","market":"us","language":"en","title":"Palantir Gains On Winning $32.5 Million Order From U.S. Forces","url":"https://stock-news.laohu8.com/highlight/detail?id=2137155387","media":"Investing.com","summary":"Investing – Palantir (NYSE:PLTR) shares rose nearly 2% Monday following the company securing a $32.5","content":"<p>Investing – Palantir (NYSE:PLTR) shares rose nearly 2% Monday following the company securing a $32.5 million order from U.S. defense and space forces and NORAD-Northcom for providing its software to their critical missions.</p><p>Palantir will provide the U.S. Air Force senior leadership with a continuously improving operational readiness analytics platform by integrating disparate data sources from across the service. This will improve DAF’s readiness in a variety of mission-critical areas, cutting across organizational and functional silos.</p><p>It will deploy and maintain its core software as 'Data-as-a-Service' platform to support Space and Missile Systems Center’s cross-mission ground and communications enterprise’s space command and control program element.</p><p>The company will support NORAD-Northcom’s joint all-domain command and control transformation, modeling high-scale data to support comprehensive operational planning and execution.</p><p>The latest order marks another win for Palantir from the U.S. defense sector.</p><p>The company had last month won an $89.9 million order from the National Nuclear Security Administration. NNSA is a semi-autonomous agency within the U.S. Department of Energy, responsible for enhancing national security through military application of nuclear science.</p>","source":"yahoofinance","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>Palantir Gains On Winning $32.5 Million Order From U.S. Forces</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Gains On Winning $32.5 Million Order From U.S. Forces\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 22:50 GMT+8 <a href=https://finance.yahoo.com/news/palantir-gains-winning-32-5-101148640.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing – Palantir (NYSE:PLTR) shares rose nearly 2% Monday following the company securing a $32.5 million order from U.S. defense and space forces and NORAD-Northcom for providing its software to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/palantir-gains-winning-32-5-101148640.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://finance.yahoo.com/news/palantir-gains-winning-32-5-101148640.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2137155387","content_text":"Investing – Palantir (NYSE:PLTR) shares rose nearly 2% Monday following the company securing a $32.5 million order from U.S. defense and space forces and NORAD-Northcom for providing its software to their critical missions.Palantir will provide the U.S. Air Force senior leadership with a continuously improving operational readiness analytics platform by integrating disparate data sources from across the service. This will improve DAF’s readiness in a variety of mission-critical areas, cutting across organizational and functional silos.It will deploy and maintain its core software as 'Data-as-a-Service' platform to support Space and Missile Systems Center’s cross-mission ground and communications enterprise’s space command and control program element.The company will support NORAD-Northcom’s joint all-domain command and control transformation, modeling high-scale data to support comprehensive operational planning and execution.The latest order marks another win for Palantir from the U.S. defense sector.The company had last month won an $89.9 million order from the National Nuclear Security Administration. NNSA is a semi-autonomous agency within the U.S. Department of Energy, responsible for enhancing national security through military application of nuclear science.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836447040,"gmtCreate":1629518455780,"gmtModify":1631888637795,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$share","images":[{"img":"https://static.tigerbbs.com/7dd7a829e09037c4c017a0fc6e54beed","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836447040","isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186831880,"gmtCreate":1623483320240,"gmtModify":1634032498041,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186831880","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<blockquote>\n Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n</blockquote>\n<p>I’ve had it.</p>\n<p>The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p>\n<p>If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p>\n<p>Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p>\n<p>You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p>\n<p>Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p>\n<p>An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p>\n<p>The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p>\n<p>Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p>\n<p>He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p>\n<p>“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p>\n<p>Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p>\n<p>In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p>\n<p>However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p>\n<p>Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p>\n<p>If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p>\n<p>Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p>\n<p>I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p>\n<p>“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p>\n<p>I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p>\n<p>Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p>\n<p>Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p>\n<p>In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p>\n<p>The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p>\n<p>PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p>\n<p>Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p>\n<p>In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</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>Investor, Trader, Speculator: Which One Are You?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestor, Trader, Speculator: Which One Are You?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:56 GMT+8 <a href=https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of ...</p>\n\n<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111156787,"gmtCreate":1622669464349,"gmtModify":1634099440671,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Share. ","listText":"Share. 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E","images":[{"img":"https://static.tigerbbs.com/38164fff159dd8f7d6fed793aa377de1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182723940","isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181148987,"gmtCreate":1623380800549,"gmtModify":1631888637817,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>jcjrjfcjidjx","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>jcjrjfcjidjx","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$jcjrjfcjidjx","images":[{"img":"https://static.tigerbbs.com/38164fff159dd8f7d6fed793aa377de1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181148987","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":115652186,"gmtCreate":1622989945645,"gmtModify":1631888637823,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","listText":"<a href=\"https://laohu8.com/S/5EK.SI\">$SINOCLOUD GROUP LIMITED(5EK.SI)$</a>share","text":"$SINOCLOUD GROUP LIMITED(5EK.SI)$share","images":[{"img":"https://static.tigerbbs.com/38164fff159dd8f7d6fed793aa377de1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/115652186","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112984315,"gmtCreate":1622845866937,"gmtModify":1634097534479,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112984315","repostId":"2140409543","repostType":4,"repost":{"id":"2140409543","kind":"highlight","pubTimestamp":1622818486,"share":"https://www.laohu8.com/m/news/2140409543?lang=&edition=full","pubTime":"2021-06-04 22:54","market":"us","language":"en","title":"AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor","url":"https://stock-news.laohu8.com/highlight/detail?id=2140409543","media":"MarketWatch","summary":"AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a ","content":"<p>AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7eb63d677cb5d8a8a6a2c67fc4bb2698\" tg-width=\"1260\" tg-height=\"896\" referrerpolicy=\"no-referrer\"><span>Many meme stocks discussed on Reddit's WallStreetBets channel are up by triple digits during 2021. (Photo by Olivier Douliery/AFP via Getty Images)</span></p><p>Every day the meme stocks dominate the financial media. And rightly so -- they are illustrating the power of communications, as traders and investors seek to follow momentum to big profits.</p><p>It's easy to dismiss the phenomenon, because it isn't based on companies' traditional measures of profitability or sales growth, ratios of share prices to earnings or sales, or even innovative products or services. But so much money is trading around these stocks that you should at least learn about what is going on.</p><p>Traders trying to understand the momentum and make quick gains will, of course, look at daily trading volumes and the immediate direction of share prices. But there are also measures of momentum among people communicating in Reddit's WallStreetBets channel and other social media. One of these, called a \"social sentiment analysis,\" was developed by HypeEquity and described here by Thornton McEnery.</p><p>But you might also be interested in whether any of these stocks might make good long-term investments. Or you may want to see financial information and standard stock valuations for the meme stocks, as part of your arguments against them.</p><p><b>The meme stocks</b></p><p>In talk of meme stocks, there is an acronym, BANG. BlackBerry Ltd. (BB.T) is the first of the group of four, which also includes AMC Entertainment Holdings Inc., Nokia Corp. and GameStop Corp.. But there are four other meme stocks that have had a lot of recent social-media buzz and trading activity that we can add to make a list of eight.</p><p>Here they are, sorted by market capitalization in millions of dollars:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aba33d56ca09708aa22c36412ba22e13\" tg-width=\"1260\" tg-height=\"460\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>AMC's market capitalization is up more than sevenfold this year. All of the listed meme stocks' valuations have rocketed, although only by double digits for Nokia and Bed Bath & Beyond.</p><p>The boards of directors of AMC and GameStop each took advantage of the excitement among traders and sold new shares to the public to raise billions of dollars. AMC announced and completed the sale of 11.55 million new shares June 3.</p><p><b>Short interest</b></p><p>What started this year's meme-stock craze was an opportunity described on WallStreetBets to create short-squeezes on heavily shorted stocks.</p><p>Here's a definition of short-selling and its risks:</p><p>So you have unlimited risk if you short-sell stock -- you never know how high its price might go. If you buy shares outright (that is, take a long position), you have only risked the amount you invested.</p><p>If you have shorted a stock and its price has gone the wrong way -- up -- your broker might make a margin call, which means you need to deliver cash to cover the broker's risk. Short-sellers are told these rules by their brokers before entering short trades. But the margin requirements can lead to short squeezes when investors run out of cash. Brokers will force-sell the shares if the required cash margin isn't maintained by the investor/trader.</p><p>So at the early stage of meme-stock mania, the WallStreetBets crew was able to buy shares of heavily shorted stocks as a group, which drove their prices higher and even led to covering (at losses) by professionals. The resulting short-squeeze made a lot of money for traders whose timing was right. And the buzz has continued since then as the meme stocks have bounced up and down.</p><p>Here's a year-to-date chart showing total returns for the BANG stocks through June 3:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab1dfc0cfac9109e4ee8cc15580a220e\" tg-width=\"1259\" tg-height=\"1038\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>How much short interest is there now for this group of eight stocks? Here they are, ranked again by market cap:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2ed9c41992b0fdf7c30467bbb882e58\" tg-width=\"1259\" tg-height=\"499\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>FactSet's data on short positions as a percentage of shares outstanding is updated twice a month, with the second update around the 25th day of the month.</p><p>The \"dollars short\" figure is of interest, as it gives some additional perspective to the short percentages. For example, 4.2% of Tesla Inc. shares are sold short, but that amounts to $24.2 billion in short interest, because the market cap is $583 billion.</p><p>In late January,when GameStop had a seemingly impossible 138% in short interest, Brad Lamensdorf, CEO of ActiveAlts in Westport, Conn., who runs long and short investment strategies, said a short percentage “over 30% to 40% is outrageously high.” At that time we listed 30 stocks in the S&P Composite 1500 Index that were shorted 25% or more. (Lamensdorf co-manages the AdvisorShares Ranger Equity Bear ETF,which is meant to be used as a hedging tool.)</p><p>But now, only four stocks in the index are short 25% or more, according to FactSet's most recent data: Geo Group Inc., which operates prisons, with 33.2% short interest, Bed Bath Beyond, PetMed Express Inc., with 28.7% short interest and B&G Foods Inc., with 25.8% of shares sold short. (Getting back to Geo Group, President Biden signed an executive order to phase-out federal contracts with private prison operator</p><p>So this year's action with the meme stocks has had quite an effect on the stock market, quelling short-selling in general. That said, even with low short-interest numbers for Nokia and Koss Corp., both stocks have had short-squeezes this year.</p><p><b>Meme stocks' fundamentals</b></p><p>To analyze the meme companies' financial results and prospects, we will look back and then ahead. The coronavirus pandemic had an obvious brutal affect on AMC, as its theaters were all closed. It had reopened nearly all U.S. theaters with limited capacity by he end of March.</p><p>GameStop has been challenged for years by a fundamental problem for a videogame retailer: More content being sold online, even for console gaming systems, rather than through Blu-ray or other media that were sold at the stores.</p><p>So AMC and GameStop were obvious candidates for shorting until traders were able to group together via Reddit and online trading applications, including Robinhood, to cause the short-squeezes.</p><p><b>Five-year review</b></p><p>First, let's look at the direction of all eight companies' sales results over the past five full fiscal years. We're looking at fiscal years because for several of these companies, fiscal years don't match the calendar:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d17671a0a5c84afe766af5c33337e8f\" tg-width=\"1260\" tg-height=\"535\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>Even before the pandemic, AMC's sales had declined during 2019. So did Nokia's, although the company is putting up impressive sales numbers for one that makes mobile telecommunications devices and isn't Apple Inc. or Samsung. GameStop has suffered four years of annual sales declines, while Bed Bath & Beyond Inc. has been a little better.</p><p><b>Looking ahead -- sales</b></p><p>What if AMC and GameStop were able to put all that money they have raised to good use? Starting from a baseline of calendar 2021, to get past most of the effect of the pandemic in the U.S., here are sales projections going out another two years, where possible:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ae59307eca7f4f03a7e0f0efb0b3b16\" tg-width=\"1260\" tg-height=\"454\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>You may have noticed that Koss isn't included in the sales projections table. That is because FactSet was unable to obtain any financial estimates, ratings or targets from analysts at brokerage firms for the company.</p><p>Among the companies for which we have estimates for 2023, AMC is expected to show a sales recovery to come close to pre-pandemic levels. <a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a> is expected to continue on its growth course for marijuana supply. Nokia is expected to show modest sales growth through 2023.</p><p>The right-most column is a hybrid of market cap as of June 3 to the furthest-out sales estimate available. Nokia looks cheap, and Wall Street analysts concur, as you will see below. This company stands apart from the other meme stocks.</p><p>Putting those price-to-sales estimates into perspective, the benchmark S&P 500 Index trades for 2.5 times the weighted aggregate 2023 sales estimate for its component companies.</p><p><b>Looking ahead -- earnings</b></p><p>Let's do the same exercise for earnings-per-share estimates going out to 2023, where possible:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1715e49d9cfc910a0210abbac48d591c\" tg-width=\"1260\" tg-height=\"401\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>For expected changes in EPS, we have \"N/A\" for most companies because the EPS estimates for AMC and BlackBerry are all negative, while estimates swing from negative to positive to negative for GameStop and Tilray. For the companies expected to remain consistently profitable -- Nokia and Bed Bath & Beyond -- the ratios of current price to 2023 EPS estimates are lower than the ratio of 18.4 for the S&P 500.</p><p><b>Wall Street's ratings and targets</b></p><p>Analysts at brokerage firms tend to shy away from negative ratings. They also set 12-month price targets. Those can be considered too short for some long-term investors looking to invest in companies that compound sales and profit at decent rates over many years. But the 12 months can be an eternity for traders trying to jump on volatile meme-stocks for gains.</p><p>Here's a summary of sentiment among Wall Street analysts for seven of the eight meme stocks listed above (again skipping Koss, for which no ratings or estimates are available):</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe15e31e65f68d1022120cdd3aeebf2\" tg-width=\"1260\" tg-height=\"454\" referrerpolicy=\"no-referrer\"><span>(FACTSET)</span></p><p>Nokia stands out with majority \"buy\" or equivalent ratings. But the stock was a bit ahead of the consensus price target as of the close June 3.</p><p>For the other meme stocks, a focus on the daily buzz in Reddit and other social media may be your best way to gain insight into very difficult and risky trading.</p>","source":"lsy1603348471595","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, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 22:54 GMT+8 <a href=https://www.marketwatch.com/story/we-put-these-eight-meme-stocks-through-a-rugged-analytical-test-which-are-poised-for-growth-and-which-have-big-downsides-11622810160?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor.Many meme stocks discussed on Reddit's WallStreetBets channel are...</p>\n\n<a href=\"https://www.marketwatch.com/story/we-put-these-eight-meme-stocks-through-a-rugged-analytical-test-which-are-poised-for-growth-and-which-have-big-downsides-11622810160?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","NOK":"诺基亚","GME":"游戏驿站","BBBY":"3B家居","MVIS":"维视图像","AMC":"AMC院线","TLRY":"Tilray Inc."},"source_url":"https://www.marketwatch.com/story/we-put-these-eight-meme-stocks-through-a-rugged-analytical-test-which-are-poised-for-growth-and-which-have-big-downsides-11622810160?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140409543","content_text":"AMC, GameStop and Nokia are lumped together, but not all meme stocks are alike -- whether you are a day-trader or a long-term investor.Many meme stocks discussed on Reddit's WallStreetBets channel are up by triple digits during 2021. (Photo by Olivier Douliery/AFP via Getty Images)Every day the meme stocks dominate the financial media. And rightly so -- they are illustrating the power of communications, as traders and investors seek to follow momentum to big profits.It's easy to dismiss the phenomenon, because it isn't based on companies' traditional measures of profitability or sales growth, ratios of share prices to earnings or sales, or even innovative products or services. But so much money is trading around these stocks that you should at least learn about what is going on.Traders trying to understand the momentum and make quick gains will, of course, look at daily trading volumes and the immediate direction of share prices. But there are also measures of momentum among people communicating in Reddit's WallStreetBets channel and other social media. One of these, called a \"social sentiment analysis,\" was developed by HypeEquity and described here by Thornton McEnery.But you might also be interested in whether any of these stocks might make good long-term investments. Or you may want to see financial information and standard stock valuations for the meme stocks, as part of your arguments against them.The meme stocksIn talk of meme stocks, there is an acronym, BANG. BlackBerry Ltd. (BB.T) is the first of the group of four, which also includes AMC Entertainment Holdings Inc., Nokia Corp. and GameStop Corp.. But there are four other meme stocks that have had a lot of recent social-media buzz and trading activity that we can add to make a list of eight.Here they are, sorted by market capitalization in millions of dollars:(FACTSET)AMC's market capitalization is up more than sevenfold this year. All of the listed meme stocks' valuations have rocketed, although only by double digits for Nokia and Bed Bath & Beyond.The boards of directors of AMC and GameStop each took advantage of the excitement among traders and sold new shares to the public to raise billions of dollars. AMC announced and completed the sale of 11.55 million new shares June 3.Short interestWhat started this year's meme-stock craze was an opportunity described on WallStreetBets to create short-squeezes on heavily shorted stocks.Here's a definition of short-selling and its risks:So you have unlimited risk if you short-sell stock -- you never know how high its price might go. If you buy shares outright (that is, take a long position), you have only risked the amount you invested.If you have shorted a stock and its price has gone the wrong way -- up -- your broker might make a margin call, which means you need to deliver cash to cover the broker's risk. Short-sellers are told these rules by their brokers before entering short trades. But the margin requirements can lead to short squeezes when investors run out of cash. Brokers will force-sell the shares if the required cash margin isn't maintained by the investor/trader.So at the early stage of meme-stock mania, the WallStreetBets crew was able to buy shares of heavily shorted stocks as a group, which drove their prices higher and even led to covering (at losses) by professionals. The resulting short-squeeze made a lot of money for traders whose timing was right. And the buzz has continued since then as the meme stocks have bounced up and down.Here's a year-to-date chart showing total returns for the BANG stocks through June 3:(FACTSET)How much short interest is there now for this group of eight stocks? Here they are, ranked again by market cap:(FACTSET)FactSet's data on short positions as a percentage of shares outstanding is updated twice a month, with the second update around the 25th day of the month.The \"dollars short\" figure is of interest, as it gives some additional perspective to the short percentages. For example, 4.2% of Tesla Inc. shares are sold short, but that amounts to $24.2 billion in short interest, because the market cap is $583 billion.In late January,when GameStop had a seemingly impossible 138% in short interest, Brad Lamensdorf, CEO of ActiveAlts in Westport, Conn., who runs long and short investment strategies, said a short percentage “over 30% to 40% is outrageously high.” At that time we listed 30 stocks in the S&P Composite 1500 Index that were shorted 25% or more. (Lamensdorf co-manages the AdvisorShares Ranger Equity Bear ETF,which is meant to be used as a hedging tool.)But now, only four stocks in the index are short 25% or more, according to FactSet's most recent data: Geo Group Inc., which operates prisons, with 33.2% short interest, Bed Bath Beyond, PetMed Express Inc., with 28.7% short interest and B&G Foods Inc., with 25.8% of shares sold short. (Getting back to Geo Group, President Biden signed an executive order to phase-out federal contracts with private prison operatorSo this year's action with the meme stocks has had quite an effect on the stock market, quelling short-selling in general. That said, even with low short-interest numbers for Nokia and Koss Corp., both stocks have had short-squeezes this year.Meme stocks' fundamentalsTo analyze the meme companies' financial results and prospects, we will look back and then ahead. The coronavirus pandemic had an obvious brutal affect on AMC, as its theaters were all closed. It had reopened nearly all U.S. theaters with limited capacity by he end of March.GameStop has been challenged for years by a fundamental problem for a videogame retailer: More content being sold online, even for console gaming systems, rather than through Blu-ray or other media that were sold at the stores.So AMC and GameStop were obvious candidates for shorting until traders were able to group together via Reddit and online trading applications, including Robinhood, to cause the short-squeezes.Five-year reviewFirst, let's look at the direction of all eight companies' sales results over the past five full fiscal years. We're looking at fiscal years because for several of these companies, fiscal years don't match the calendar:(FACTSET)Even before the pandemic, AMC's sales had declined during 2019. So did Nokia's, although the company is putting up impressive sales numbers for one that makes mobile telecommunications devices and isn't Apple Inc. or Samsung. GameStop has suffered four years of annual sales declines, while Bed Bath & Beyond Inc. has been a little better.Looking ahead -- salesWhat if AMC and GameStop were able to put all that money they have raised to good use? Starting from a baseline of calendar 2021, to get past most of the effect of the pandemic in the U.S., here are sales projections going out another two years, where possible:(FACTSET)You may have noticed that Koss isn't included in the sales projections table. That is because FactSet was unable to obtain any financial estimates, ratings or targets from analysts at brokerage firms for the company.Among the companies for which we have estimates for 2023, AMC is expected to show a sales recovery to come close to pre-pandemic levels. Tilray Inc. is expected to continue on its growth course for marijuana supply. Nokia is expected to show modest sales growth through 2023.The right-most column is a hybrid of market cap as of June 3 to the furthest-out sales estimate available. Nokia looks cheap, and Wall Street analysts concur, as you will see below. This company stands apart from the other meme stocks.Putting those price-to-sales estimates into perspective, the benchmark S&P 500 Index trades for 2.5 times the weighted aggregate 2023 sales estimate for its component companies.Looking ahead -- earningsLet's do the same exercise for earnings-per-share estimates going out to 2023, where possible:(FACTSET)For expected changes in EPS, we have \"N/A\" for most companies because the EPS estimates for AMC and BlackBerry are all negative, while estimates swing from negative to positive to negative for GameStop and Tilray. For the companies expected to remain consistently profitable -- Nokia and Bed Bath & Beyond -- the ratios of current price to 2023 EPS estimates are lower than the ratio of 18.4 for the S&P 500.Wall Street's ratings and targetsAnalysts at brokerage firms tend to shy away from negative ratings. They also set 12-month price targets. Those can be considered too short for some long-term investors looking to invest in companies that compound sales and profit at decent rates over many years. But the 12 months can be an eternity for traders trying to jump on volatile meme-stocks for gains.Here's a summary of sentiment among Wall Street analysts for seven of the eight meme stocks listed above (again skipping Koss, for which no ratings or estimates are available):(FACTSET)Nokia stands out with majority \"buy\" or equivalent ratings. But the stock was a bit ahead of the consensus price target as of the close June 3.For the other meme stocks, a focus on the daily buzz in Reddit and other social media may be your best way to gain insight into very difficult and risky trading.","news_type":1,"symbols_score_info":{"AMC":0.9,"BB":0.9,"BBBY":0.9,"GME":0.9,"MVIS":0.9,"NOK":0.9,"TLRY":0.9}},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111152381,"gmtCreate":1622669502843,"gmtModify":1634099440301,"author":{"id":"3584647426424202","authorId":"3584647426424202","name":"69367223","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584647426424202","idStr":"3584647426424202"},"themes":[],"htmlText":"Commet ","listText":"Commet ","text":"Commet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/111152381","repostId":"2138985121","repostType":2,"repost":{"id":"2138985121","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1621950143,"share":"https://www.laohu8.com/m/news/2138985121?lang=&edition=full","pubTime":"2021-05-25 21:42","market":"us","language":"en","title":"Winmark Investment Says Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=2138985121","media":"T-Reuters","summary":"Winmark Investment Holdings Ltd :Will Be Delisted From Official List Of Singapore Exchange Securitie","content":"<html><body><p>Winmark Investment Holdings Ltd <winm.si>:Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited With Effect From 28 May 2021.</winm.si></p></body></html>","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>Winmark Investment Says Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWinmark Investment Says Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-05-25 21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Winmark Investment Holdings Ltd <winm.si>:Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited With Effect From 28 May 2021.</winm.si></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSTM.SI":"富时海峡中盘指数","ES3.SI":"STI ETF","S68.SI":"新加坡交易所","STI.SI":"富时新加坡海峡指数","WINA":"威玛克工贸有限公司","FSTAS.SI":"富时海峡全股指数"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138985121","content_text":"Winmark Investment Holdings Ltd :Will Be Delisted From Official List Of Singapore Exchange Securities Trading Limited With Effect From 28 May 2021.","news_type":1,"symbols_score_info":{"ES3.SI":0.6,"FSTAS.SI":0.6,"FSTM.SI":0.6,"S68.SI":1,"STI.SI":0.6,"WINA":1}},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}