Tuesday, June 8, 2021

Today’s stock pick update – Open Now

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Reddit Traders Push Clover Health & Wendy’s Shares To New Highs

Clover Health shares are up more than 82% at the time of writing as Reddit’s WallStreetBets forum moved beyond meme stocks. Redditors are encouraging each other to take advantage of the largest short interest in Clover and are aiming to squeeze out the short sellers. “This looks like the perfect setup for a combined short and gamma squeeze,” one trending Reddit post said. “I see no reason w...

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22nd Century Group Inc (OTC: XXII): 22nd Century Group shares gained 13% yesterday after the biotech announced new initiatives to strengthen and maximize revenue opportunities in its hemp/cannabis franchise, including strategic partnerships with two plant breeders, a close partnership activity with Aurora Cannabis, and the establishment of a newly created Canadian subsidiary. “Th...

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VFC is finding support -13% below its last peak – is a bullish set up also a good value opportunity?

I also find it interesting that even when conditions are uncertain, there are companies that find new ways to succeed. Sometimes that is planned, and sometimes it happens to be the opportunistic happenstance of being in just the right place at the right time. Some of the most obvious examples of what I mean since early 2020 have come from the Tech sector, with companies that offer a variety of cloud-based, remote collaboration and networking tools and solutions that proved to be the perfect w...

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Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers. 


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Investing is Inherently Risky - There are risks inherent in all investments, which may make such investments unsuitable for certain persons. These include, for example, economic, political, currency exchange, rate fluctuations, and limited availability of information on international securities. You may lose all of your money trading and investing. Do NOT enter any trade without fully understanding the worst-case scenarios of that trade. And do NOT trade with money you cannot afford to lose. Past performance of an investment is not necessarily indicative of its future results. No assurance can be given that any implied recommendation will be profitable or will not be subject to losses.

                  

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