![]() and Petco Health and Wellness Company wasn't one of them! That's right - they think these 10 stocks are even better buys. Once on the brink of bankruptcy, Torchlight Energy Resources sold 100 million in shares as it looks to take advantage of its new meme stock status. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*ĭavid and Tom just revealed what they believe are the ten best stocks for investors to buy right now. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Redditors who thought Petco a value stock yesterday may have finally done the math - and discovered that it really isn't any such thing.ġ0 stocks we like better than Petco Health and Wellness Company On the other hand, with $10.2 billion in enterprise value, that still leaves Petco shares trading for a steep 43 times free cash flow. On the one hand, yes, Petco turned profitable last quarter and now has $12 million in trailing profits to its credit - and $237 million in positive free cash flow. And it’s left the strategists who made those estimates with a dilemma. Today, however, the shares have already given back most of those gains.Īnd believe it or not, that actually makes sense. Yesterday, reported that a positive mention of Petco as a "value play with high short interest" on WallStreetBets sent Petco shares soaring nearly 18%. Well, Petco investors appear to be getting a taste of that action today. Now whatīut what happens when the momentum fades, you may ask, and the short squeeze stops working - or, simply, all the profits have been made and the mo-mo crowd bails? Headline: The short squeeze is working, and as long as it keeps working, you can expect people to remain excited about AMC shares. According to Reuters, by buying the stock regardless of how badly its business is doing, they apparently inflicted $512 million in losses on short-sellers as AMC shares soared Monday. ![]() Lin-Manuel Miranda's new film "In the Heights" apparently bombed over the weekend, bringing in just $11.4 million at the box office. The news on AMC isn't particularly great today. 1 on the discussion boards yesterday - and that was AMC. Speaking of Stocktwits, you may wonder what was No. However, according to meme-stock tracker Stocktwits, this Plano, Texas-based penny stock producer of oil and gas, which booked sales of only $111,000 over the past year - probably less than your local Exxon station sold in gasoline - was the third-most-mentioned stock on its discussion boards yesterday, and that enthusiasm among Robinhood stock traders appears to be still driving gains today. Wat is een short squeeze in trading Hoe kunt u beleggen in short squeeze aandelen Ontdek hier welke short squeeze strategie u kunt gebruiken bij trading. The big word that everyone INCLUDING the SHORTS was by. Stocks Stocks: AMC, EXPR, GME, TRCH Two Red-Hot Short Squeeze Stocks to Sell Immediately By Andrew Keene, Special Contributor, Money Morning JI’m here to tell you, the retail. There's no particular substantive news that could explain Torchlight's astounding 44% rally in the first 90 minutes of trading today. ![]()
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