Archive: WallStreetBets
AMC Illustrates Market Insanity
By Adam Sharp on May 28, 2021
The hottest stock in the world is AMC. Yes, the movie theater chain. On Wednesday it was the world’s most traded stock and made up 11% of the total volume on the New York Stock Exchange. In March of 2021 — when the pandemic was beginning — AMC had a market cap of $166 million. Today, AMC is worth more than $15 billion. I’m…
Financial Rebellions: Investors Are Pushing Back
By Adam Sharp on February 26, 2021
We are living through a very unique period in financial history. On one side, we’re in the midst of an amazing technological revolution. Software and new technologies are streamlining the way the world runs. Advances in renewable energy are picking up steam. Medicine is leaping forward…
Dogecoin Blasts Off as WallStreetBets Piles In
By Adam Sharp on January 29, 2021
I’m sure you’re all aware by now of what’s been happening with GameStop shares recently. Shares have shot up from under $4 six months back to a high of around $468 this week. GameStop was driven higher by a very clever campaign orchestrated on online forums…
Bitcoin and Startups: Better Revolutionary Assets
By Adam Sharp on January 29, 2021
For the last week, all eyes have been on GameStop (GME). Millions of users from forums such as Reddit’s WallStreetBets have piled into shares and call options of the wounded mall retailer, causing a short squeeze of epic…