FlowBank

1159 days ago

Blockbuster: life after 10 years in a coma...

Blockbuster once owned over 9,000 video-rental stores in the United States. But, in 2010 Blockbuster filed for bankruptcy with almost $1 billion in debt because it failed to keep up with competitors like Netflix, who created a DVD-by-mail service. The liquidating stock suddenly went back to life this week as the hunt for short-squeeze frenzy went after some of the Microcaps. Below the historical volume chart of Blockbuster - source: Bloomberg  

#Stocks
Blockbuster volume

1161 days ago

Jefferies long/short U.S pairs: they go long the next most shorted names and short the crowded longs

Jefferies published a list of the most shorted US names that they think will go up + a list of the crowded longs that are set to tumble. On the short  side, Jefferies realizes that the most-heavily shorted companies are already in play, so instead it looks at the next tier - those companies with a Short Interest of float in the 10-30% range, yet which are sufficiently small cap and illiquid to generate outsized returns one the WSB army rushes them. On the long side, Jefferies decided that the most suitable trade here is not to go naked long the most shorted names, but to pair it with a short in the uber-crowded longs which are most likely to drop - source: www.zerohedge.com 

#Stocks
Jefferies list of short squeeze candidates + overcrowded long

1161 days ago

Siebert Financial the latest Reddit stock to explode (+650%)

The retail brokerage/finance company is now trading at its highest since 1999...

#Stocks
Siebert Financial the latest Reddit stock to explode (+650%)

1161 days ago

GameStop makes the top five ranking for largest small cap companies on the Russell 2000

Plug Power is number one followed by Gamestop, Appian, Penn National Gaming, and Caesars Entertainment. Can this last long for GME ? Source: Bloomberg

#Stocks

1161 days ago

Europe's most shorted stocks also see share prices rise

While Europe shares are not seeing the same level of volatility as the US market, shares in Evotec  surged as much as 30% earlier this week after the drug discovery and development firm won a $28.6 million U.S. contract, though it pared the gain to 2.4%. Bearish speculators have sold short 17.4% of the company’s shares available for trading, according to data from IHS Markit Ltd. Source: Bloomberg

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