WhiteField personal page - To The Moon

WhiteField

WhiteField

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2021-03-03

Buy the dip!!

NIO plunged more than 7%

2021-02-28

I am buying this !!

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2021-02-26

Buy the dip!!

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2021-03-05

Like my comment

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2021-03-04

I am huying

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2021-03-02

Run!!

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2021-02-27

I am buying this!

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2021-03-05

Buy!

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2021-03-02

Buy more

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2021-03-01

Nobody!

Who Is The Sucker In The SPAC Market?

Go to Tiger App to see more news

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now","listText":"Buy now","text":"Buy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328000898","repostId":"2118677018","repostType":4,"repost":{"id":"2118677018","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615472839,"share":"https://ttm.financial/m/news/2118677018?lang=en_US&edition=fundamental","pubTime":"2021-03-11 22:27","market":"us","language":"en","title":"If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2118677018","media":"Benzinga","summary":"Have you ever thought about what your returns would be today if you invested in Tesla Motors  10 years ago?Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and bu","content":"<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</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>If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now</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\">\nIf You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-11 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118677018","content_text":"Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.\nThis company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.\nIn 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.\nOn March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.\nBack in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.\nIn 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.\nSince reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become one of the top electric car manufacturers in the world.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321772893,"gmtCreate":1615473328912,"gmtModify":1704783274881,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321772893","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=en_US&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</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>US Daylight Saving Time</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\">\nUS Daylight Saving Time\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\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367329251,"gmtCreate":1614911725073,"gmtModify":1704776897754,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Like my comment&nbsp;","listText":"Like my comment&nbsp;","text":"Like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367329251","repostId":"2117850095","repostType":4,"isVote":1,"tweetType":1,"viewCount":3281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367329639,"gmtCreate":1614911705421,"gmtModify":1704776897916,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy!","listText":"Buy!","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367329639","repostId":"2117850095","repostType":4,"isVote":1,"tweetType":1,"viewCount":2211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364318773,"gmtCreate":1614815199792,"gmtModify":1704775516292,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am huying","listText":"I am huying","text":"I am huying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364318773","repostId":"1102082323","repostType":4,"isVote":1,"tweetType":1,"viewCount":2201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365837966,"gmtCreate":1614725395555,"gmtModify":1704774425025,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy the dip!!","listText":"Buy the dip!!","text":"Buy the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/365837966","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://ttm.financial/m/news/1122180672?lang=en_US&edition=fundamental","pubTime":"2021-03-02 22:58","market":"other","language":"en","title":"NIO plunged more than 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></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>NIO plunged more than 7%</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\">\nNIO plunged more than 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362204361,"gmtCreate":1614639966553,"gmtModify":1704773322636,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy more&nbsp;","listText":"Buy more&nbsp;","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362204361","repostId":"1186673716","repostType":4,"isVote":1,"tweetType":1,"viewCount":3094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362202288,"gmtCreate":1614639836844,"gmtModify":1704773320694,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Run!!","listText":"Run!!","text":"Run!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362202288","repostId":"1118801983","repostType":4,"isVote":1,"tweetType":1,"viewCount":2176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362372439,"gmtCreate":1614603161321,"gmtModify":1704772917084,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362372439","repostId":"1109453792","repostType":4,"repost":{"id":"1109453792","kind":"news","pubTimestamp":1614600249,"share":"https://ttm.financial/m/news/1109453792?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:04","market":"us","language":"en","title":"Who Is The Sucker In The SPAC Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109453792","media":"zerohedge","summary":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Banke","content":"<p><b>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.</b>SPAC evangelists (Bankers, Sponsors &amp; Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.<b>The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.</b></p>\n<p>When I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies.&nbsp;I then ask myself the same question one is supposed to ask when entering a poker Game:&nbsp;<b>Who is the SPAC sucker, and why is this Bubble happening?</b></p>\n<p><u><b>SPAC 101</b></u></p>\n<p>It is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share.&nbsp;The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a&nbsp;<b>Key Problem</b>as SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.</p>\n<p>The investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:</p>\n<blockquote>\n 1. SPAC maturity (18-24 months) or2.&nbsp;The SPAC announcing and closing on a prospective deal.\n</blockquote>\n<p>Alternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”</p>\n<p>I have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market.&nbsp;This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals.&nbsp;Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.</p>\n<p><b>Historically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.</b>Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.</p>\n<p><img src=\"https://static.tigerbbs.com/86935ec16d85533211d5fe6f76dbbbd9\" tg-width=\"500\" tg-height=\"273\"><u><b>The Value Chain &amp; Why This Will Go Away</b></u></p>\n<p>Prior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust.&nbsp;Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.”&nbsp;<b>The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.</b>This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values.&nbsp;<b>When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.</b>Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.</p>\n<p>I have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.</p>\n<p><u><b>Some Signs of a SPAC bubble:</b></u></p>\n<blockquote>\n <b>1. Dramatic increase in notional outstanding:</b>Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n <b>2. Increased Retail Participation:</b>SPACs have gone from the arcane to the hottest mainstream discussion topic.\n <b>3. Increasing Institutional Leverage from PBs:</b>5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n <b>4. Sponsors Bringing Multiple deals:</b>Chamath, Sternlicht.\n <b>5. Lower Quality of Sponsors/Celebrity SPACs:</b>Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n <b>6. Recent SPAC Hedge Fund and ETF launches</b>\n</blockquote>\n<p><u><b>Why will it pop?</b></u></p>\n<ul>\n <li><p><b>Simple issue of Supply and Demand:</b>&nbsp;In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.</p></li>\n <li><p><b>The SPAC IPO narrative will break down:</b>The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO.&nbsp;The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.</p></li>\n</ul>","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>Who Is The Sucker In The SPAC Market?</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\">\nWho Is The Sucker In The SPAC Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/who-sucker-spac-market><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/who-sucker-spac-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/who-sucker-spac-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109453792","content_text":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.\nWhen I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies. I then ask myself the same question one is supposed to ask when entering a poker Game: Who is the SPAC sucker, and why is this Bubble happening?\nSPAC 101\nIt is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share. The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a Key Problemas SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.\nThe investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:\n\n 1. SPAC maturity (18-24 months) or2. The SPAC announcing and closing on a prospective deal.\n\nAlternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”\nI have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market. This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals. Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.\nHistorically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.\nThe Value Chain & Why This Will Go Away\nPrior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust. Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.” The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values. When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.\nI have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.\nSome Signs of a SPAC bubble:\n\n1. Dramatic increase in notional outstanding:Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n 2. Increased Retail Participation:SPACs have gone from the arcane to the hottest mainstream discussion topic.\n 3. Increasing Institutional Leverage from PBs:5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n 4. Sponsors Bringing Multiple deals:Chamath, Sternlicht.\n 5. Lower Quality of Sponsors/Celebrity SPACs:Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n 6. Recent SPAC Hedge Fund and ETF launches\n\nWhy will it pop?\n\nSimple issue of Supply and Demand: In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.\nThe SPAC IPO narrative will break down:The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO. The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362372613,"gmtCreate":1614603141432,"gmtModify":1704772916600,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Nobody!","listText":"Nobody!","text":"Nobody!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362372613","repostId":"1109453792","repostType":4,"repost":{"id":"1109453792","kind":"news","pubTimestamp":1614600249,"share":"https://ttm.financial/m/news/1109453792?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:04","market":"us","language":"en","title":"Who Is The Sucker In The SPAC Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109453792","media":"zerohedge","summary":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Banke","content":"<p><b>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.</b>SPAC evangelists (Bankers, Sponsors &amp; Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.<b>The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.</b></p>\n<p>When I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies.&nbsp;I then ask myself the same question one is supposed to ask when entering a poker Game:&nbsp;<b>Who is the SPAC sucker, and why is this Bubble happening?</b></p>\n<p><u><b>SPAC 101</b></u></p>\n<p>It is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share.&nbsp;The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a&nbsp;<b>Key Problem</b>as SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.</p>\n<p>The investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:</p>\n<blockquote>\n 1. SPAC maturity (18-24 months) or2.&nbsp;The SPAC announcing and closing on a prospective deal.\n</blockquote>\n<p>Alternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”</p>\n<p>I have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market.&nbsp;This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals.&nbsp;Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.</p>\n<p><b>Historically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.</b>Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.</p>\n<p><img src=\"https://static.tigerbbs.com/86935ec16d85533211d5fe6f76dbbbd9\" tg-width=\"500\" tg-height=\"273\"><u><b>The Value Chain &amp; Why This Will Go Away</b></u></p>\n<p>Prior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust.&nbsp;Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.”&nbsp;<b>The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.</b>This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values.&nbsp;<b>When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.</b>Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.</p>\n<p>I have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.</p>\n<p><u><b>Some Signs of a SPAC bubble:</b></u></p>\n<blockquote>\n <b>1. Dramatic increase in notional outstanding:</b>Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n <b>2. Increased Retail Participation:</b>SPACs have gone from the arcane to the hottest mainstream discussion topic.\n <b>3. Increasing Institutional Leverage from PBs:</b>5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n <b>4. Sponsors Bringing Multiple deals:</b>Chamath, Sternlicht.\n <b>5. Lower Quality of Sponsors/Celebrity SPACs:</b>Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n <b>6. Recent SPAC Hedge Fund and ETF launches</b>\n</blockquote>\n<p><u><b>Why will it pop?</b></u></p>\n<ul>\n <li><p><b>Simple issue of Supply and Demand:</b>&nbsp;In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.</p></li>\n <li><p><b>The SPAC IPO narrative will break down:</b>The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO.&nbsp;The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.</p></li>\n</ul>","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>Who Is The Sucker In The SPAC Market?</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\">\nWho Is The Sucker In The SPAC Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/who-sucker-spac-market><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/who-sucker-spac-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/who-sucker-spac-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109453792","content_text":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.\nWhen I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies. I then ask myself the same question one is supposed to ask when entering a poker Game: Who is the SPAC sucker, and why is this Bubble happening?\nSPAC 101\nIt is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share. The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a Key Problemas SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.\nThe investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:\n\n 1. SPAC maturity (18-24 months) or2. The SPAC announcing and closing on a prospective deal.\n\nAlternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”\nI have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market. This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals. Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.\nHistorically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.\nThe Value Chain & Why This Will Go Away\nPrior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust. Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.” The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values. When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.\nI have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.\nSome Signs of a SPAC bubble:\n\n1. Dramatic increase in notional outstanding:Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n 2. Increased Retail Participation:SPACs have gone from the arcane to the hottest mainstream discussion topic.\n 3. Increasing Institutional Leverage from PBs:5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n 4. Sponsors Bringing Multiple deals:Chamath, Sternlicht.\n 5. Lower Quality of Sponsors/Celebrity SPACs:Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n 6. Recent SPAC Hedge Fund and ETF launches\n\nWhy will it pop?\n\nSimple issue of Supply and Demand: In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.\nThe SPAC IPO narrative will break down:The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO. The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362376716,"gmtCreate":1614603093735,"gmtModify":1704772915628,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Round 2 start!!","listText":"Round 2 start!!","text":"Round 2 start!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362376716","repostId":"1184516667","repostType":4,"repost":{"id":"1184516667","kind":"news","pubTimestamp":1614602503,"share":"https://ttm.financial/m/news/1184516667?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:41","market":"us","language":"en","title":"GameStop and AMC Entertainment shares active again premarket","url":"https://stock-news.laohu8.com/highlight/detail?id=1184516667","media":"Marketwatch","summary":"The group of \"meme\" stocks, led by videogame retailer GameStop Corp.that have been volatile in recen","content":"<p>The group of \"meme\" stocks, led by videogame retailer GameStop Corp.that have been volatile in recent weeks as investors on a Reddit subgroup have egged each other on, were active again in premarket trade Monday. GameStop shares were up 5% premarket, while shares of AMC Entertainment Holdings Inc.&nbsp;the world's biggest cinema chain, were up 12%. BlackBerry Ltd&nbsp;was up 3.8%, and Naked Brand Group Ltd.&nbsp;was up 9.5%. Koss Corp.&nbsp;a maker of headphones, was up 2.9%.</p>\n<p> GameStop shares have gained 440% in the year to date, as investors on Reddit's WallStreetBets platform sought to punish short sellers who had driven short interest in the stock to 140% by buying the stock and creating a short squeeze.</p>","source":"market_watch","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>GameStop and AMC Entertainment shares active again premarket</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\">\nGameStop and AMC Entertainment shares active again premarket\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/gamestop-and-amc-entertainment-shares-active-again-premarket-2021-03-01><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The group of \"meme\" stocks, led by videogame retailer GameStop Corp.that have been volatile in recent weeks as investors on a Reddit subgroup have egged each other on, were active again in premarket ...</p>\n\n<a href=\"https://www.marketwatch.com/story/gamestop-and-amc-entertainment-shares-active-again-premarket-2021-03-01\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/gamestop-and-amc-entertainment-shares-active-again-premarket-2021-03-01","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1184516667","content_text":"The group of \"meme\" stocks, led by videogame retailer GameStop Corp.that have been volatile in recent weeks as investors on a Reddit subgroup have egged each other on, were active again in premarket trade Monday. GameStop shares were up 5% premarket, while shares of AMC Entertainment Holdings Inc. the world's biggest cinema chain, were up 12%. BlackBerry Ltd was up 3.8%, and Naked Brand Group Ltd. was up 9.5%. Koss Corp. a maker of headphones, was up 2.9%.\n GameStop shares have gained 440% in the year to date, as investors on Reddit's WallStreetBets platform sought to punish short sellers who had driven short interest in the stock to 140% by buying the stock and creating a short squeeze.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366202596,"gmtCreate":1614483359715,"gmtModify":1704771999601,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am buying this !!","listText":"I am buying this !!","text":"I am buying this !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/366202596","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366137245,"gmtCreate":1614407828487,"gmtModify":1704771630117,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am buying!!","listText":"I am buying!!","text":"I am buying!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366137245","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366137007,"gmtCreate":1614407686109,"gmtModify":1704771629303,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am buying this!","listText":"I am buying this!","text":"I am buying this!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366137007","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368243318,"gmtCreate":1614332460634,"gmtModify":1704770778741,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy the dip!!","listText":"Buy the dip!!","text":"Buy the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/368243318","repostId":"2114326273","repostType":4,"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368636083,"gmtCreate":1614315880042,"gmtModify":1704770565396,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Btc moon","listText":"Btc moon","text":"Btc moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368636083","repostId":"1125238969","repostType":4,"repost":{"id":"1125238969","kind":"news","pubTimestamp":1614311542,"share":"https://ttm.financial/m/news/1125238969?lang=en_US&edition=fundamental","pubTime":"2021-02-26 11:52","market":"us","language":"en","title":"Bitcoin May Be Weighing on Tech Stocks Again","url":"https://stock-news.laohu8.com/highlight/detail?id=1125238969","media":"Barrons","summary":"“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerN","content":"<p>“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.</p><p>Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.</p><p>Payments app&nbsp;Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong&nbsp;earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as&nbsp;Bitcoin prices have slumped.</p><p>Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.</p><p>But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.</p><p>Crypto is&nbsp;certainly gathering momentum.Mastercard&nbsp;(MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a&nbsp;Mastercard&nbsp;executive noted at a conference on Thursday.</p><p>“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a&nbsp;report&nbsp;on MarketWatch. “It’s too volatile and it takes too long to transact.”</p><p>Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.</p><p>Nvidia, for instance, issued animpressiveearnings report, as<i>Barron’s</i>noted. But it’s also becoming more of a crypto play.</p><p>The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.</p><p>“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.</p><p>Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.</p><p>“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”</p><p>Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.</p><p>Wall Street has mixed views on that idea. Competitors like&nbsp;PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes&nbsp;JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.</p><p>Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.</p><p>Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.</p><p>Guggenheim’s Jeff Cantwell&nbsp;took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.</p><p>He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.</p><p>Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.</p>","source":"lsy1601382232898","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>Bitcoin May Be Weighing on Tech Stocks Again</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\">\nBitcoin May Be Weighing on Tech Stocks Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","GBTC":"比特币ETF-Grayscale","NVDA":"英伟达","PYPL":"PayPal",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125238969","content_text":"“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.Payments app Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as Bitcoin prices have slumped.Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.Crypto is certainly gathering momentum.Mastercard (MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a Mastercard executive noted at a conference on Thursday.“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a report on MarketWatch. “It’s too volatile and it takes too long to transact.”Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.Nvidia, for instance, issued animpressiveearnings report, asBarron’snoted. But it’s also becoming more of a crypto play.The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.Wall Street has mixed views on that idea. Competitors like PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.Guggenheim’s Jeff Cantwell took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.","news_type":1,"symbols_score_info":{"TSLA":0.9,"SQ":0.9,".IXIC":0.9,".SPX":0.9,"PYPL":0.9,"NVDA":0.9,"BTCmain":0.9,"GBTC":0.9,"XBTmain":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368633519,"gmtCreate":1614315671531,"gmtModify":1704770562478,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"It can go up","listText":"It can go up","text":"It can go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368633519","repostId":"1137629357","repostType":4,"repost":{"id":"1137629357","kind":"news","pubTimestamp":1614310123,"share":"https://ttm.financial/m/news/1137629357?lang=en_US&edition=fundamental","pubTime":"2021-02-26 11:28","market":"fut","language":"en","title":"How High Can Oil Really Go?","url":"https://stock-news.laohu8.com/highlight/detail?id=1137629357","media":"Oilprice","summary":"Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year,","content":"<p>Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could climb to $65 a barrel.Just a couple of months ago, these forecasts sounded pretty optimistic for the environment, given the slow rollout of Covid-19 vaccines, the continuing excess supply of oil, and reports of coronavirus variants emerging in different parts of the world, threatening new infection waves.</p>\n<p>Now, banks and traders are talking about Brent at $100 a barrel. Of course, a big reason for this is the slump in U.S. oil production caused by the Texas Freeze earlier this month. It was even greater than the production decline prompted by the pandemic last year, and it will take a while to recover—if it ever does fully.</p>\n<p>Yet demand has also been recovering steadily in some key markets, most notably in China. This recovery has largely offset slow-to-return demand for oil in other large consumers such as the United States and helped push prices higher.</p>\n<p>Then, of course, there has been government stimulus poured into economies around the world in response to the crisis. Trillions of dollars have sunk into businesses and households in hopes this will help set GDP back on the growth path sooner rather than later. Once again, the U.S. has been crucial for the change in oil sentiment: oil price forecast revisions were quick to follow President Joe Biden’s proposal of a $1.9-trillion stimulus package.</p>\n<p>The package is still being debated, and it might end up smaller than originally proposed. But when it comes to oil, it has done its job. Banks, the Fed, and the Treasury Department all expect a swift economic recovery due to this stimulus, and a swift recovery will invariably include a rebound in oil demand as people start traveling more.</p>\n<p>Meanwhile, global oil stocks are on the decline, even if not all the reasons for that are clear. The<i>Wall Street Journal</i>&nbsp;recently wrote an&nbsp;analysis&nbsp;of the so-called missing barrels, or barrels of oil that somehow slip under the radar of inventory trackers and that last year reached a record high of 68 percent of an estimate global inventory increase totaling 1.39 billion barrels.Outside the mystery of the missing barrels, OPEC+ efforts in production cutting have been fruitful, and U.S. shale producers have this time round been cautious about returning to a growth mode, not least because of oil prices.</p>\n<p>In this context, it is not at all surprising that earlier this week that Bank of America,Socar Trading, and&nbsp;Energy Aspects&nbsp;all said Brent could rise to $100 over the next two years. According to Socar Trading—Azerbaijan’s oil marketing company—prices are up on the rebalancing fundamentals, and by the summer, Brent could hit $80 a barrel. As supply remains tight, it could climb further to $100 a barrel, the company’s chief trading officer Hayal Ahmadzada&nbsp;told&nbsp;Bloomberg.</p>\n<p>Energy Aspects Amrita Sen, on the other hand, cited economic stimulus as chief reason for the expected price rally.</p>\n<p>“It’s a futures market, we always discount stuff that’s going to happen in the future, now. That’s why prices are rallying right now,” Sen said, speaking on Bloomberg Surveillance. “We’ve always called for $80 plus oil in 2022. Maybe that is $100 now given how much liquidity there is in the system. I wouldn’t rule that out,” she added.</p>\n<p>Of course, the expectations of a demand rebound have yet to materialize outside China, and then there is the question of additional barrels coming soon from Saudi Arabia, maybe Russia, and likely Iran. With U.S. production still depressed, these may not affect prices right away. But a few million barrels daily more will certainly exert some pressure.</p>\n<p>Then there is the latest from OPEC: the cartel is&nbsp;set to discuss&nbsp;a group increase in production in addition to Saudi Arabia removing its voluntary 1-million-bpd cut from March. The increase, however, will be modest, if agreed, at 500,000 bpd. This is the same amount of production OPEC+ brought back online in January, reducing its overall cut by 7.2 million bpd, excluding Saudi Arabia’s unilateral additional cut.</p>\n<p>This means that come April, the group could be pumping 1.5 million bpd more than it is pumping now, and this is not including the possible&nbsp;return&nbsp;of Iranian barrels to the market. This may interfere with immediate price expectations, but by next year, the effects of underinvestment in new production will become more obvious, spurring prices higher.</p>","source":"lsy1606109400967","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>How High Can Oil Really Go?</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\">\nHow High Can Oil Really Go?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Oil-Prices/How-High-Can-Oil-Really-Go.html><strong>Oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could climb to $65 a barrel.Just a...</p>\n\n<a href=\"https://oilprice.com/Energy/Oil-Prices/How-High-Can-Oil-Really-Go.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://oilprice.com/Energy/Oil-Prices/How-High-Can-Oil-Really-Go.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137629357","content_text":"Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could climb to $65 a barrel.Just a couple of months ago, these forecasts sounded pretty optimistic for the environment, given the slow rollout of Covid-19 vaccines, the continuing excess supply of oil, and reports of coronavirus variants emerging in different parts of the world, threatening new infection waves.\nNow, banks and traders are talking about Brent at $100 a barrel. Of course, a big reason for this is the slump in U.S. oil production caused by the Texas Freeze earlier this month. It was even greater than the production decline prompted by the pandemic last year, and it will take a while to recover—if it ever does fully.\nYet demand has also been recovering steadily in some key markets, most notably in China. This recovery has largely offset slow-to-return demand for oil in other large consumers such as the United States and helped push prices higher.\nThen, of course, there has been government stimulus poured into economies around the world in response to the crisis. Trillions of dollars have sunk into businesses and households in hopes this will help set GDP back on the growth path sooner rather than later. Once again, the U.S. has been crucial for the change in oil sentiment: oil price forecast revisions were quick to follow President Joe Biden’s proposal of a $1.9-trillion stimulus package.\nThe package is still being debated, and it might end up smaller than originally proposed. But when it comes to oil, it has done its job. Banks, the Fed, and the Treasury Department all expect a swift economic recovery due to this stimulus, and a swift recovery will invariably include a rebound in oil demand as people start traveling more.\nMeanwhile, global oil stocks are on the decline, even if not all the reasons for that are clear. TheWall Street Journal recently wrote an analysis of the so-called missing barrels, or barrels of oil that somehow slip under the radar of inventory trackers and that last year reached a record high of 68 percent of an estimate global inventory increase totaling 1.39 billion barrels.Outside the mystery of the missing barrels, OPEC+ efforts in production cutting have been fruitful, and U.S. shale producers have this time round been cautious about returning to a growth mode, not least because of oil prices.\nIn this context, it is not at all surprising that earlier this week that Bank of America,Socar Trading, and Energy Aspects all said Brent could rise to $100 over the next two years. According to Socar Trading—Azerbaijan’s oil marketing company—prices are up on the rebalancing fundamentals, and by the summer, Brent could hit $80 a barrel. As supply remains tight, it could climb further to $100 a barrel, the company’s chief trading officer Hayal Ahmadzada told Bloomberg.\nEnergy Aspects Amrita Sen, on the other hand, cited economic stimulus as chief reason for the expected price rally.\n“It’s a futures market, we always discount stuff that’s going to happen in the future, now. That’s why prices are rallying right now,” Sen said, speaking on Bloomberg Surveillance. “We’ve always called for $80 plus oil in 2022. Maybe that is $100 now given how much liquidity there is in the system. I wouldn’t rule that out,” she added.\nOf course, the expectations of a demand rebound have yet to materialize outside China, and then there is the question of additional barrels coming soon from Saudi Arabia, maybe Russia, and likely Iran. With U.S. production still depressed, these may not affect prices right away. But a few million barrels daily more will certainly exert some pressure.\nThen there is the latest from OPEC: the cartel is set to discuss a group increase in production in addition to Saudi Arabia removing its voluntary 1-million-bpd cut from March. The increase, however, will be modest, if agreed, at 500,000 bpd. This is the same amount of production OPEC+ brought back online in January, reducing its overall cut by 7.2 million bpd, excluding Saudi Arabia’s unilateral additional cut.\nThis means that come April, the group could be pumping 1.5 million bpd more than it is pumping now, and this is not including the possible return of Iranian barrels to the market. This may interfere with immediate price expectations, but by next year, the effects of underinvestment in new production will become more obvious, spurring prices higher.","news_type":1,"symbols_score_info":{"CLmain":0.9,"BZmain":0.9}},"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369267092,"gmtCreate":1614049341816,"gmtModify":1704887329780,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369267092","repostId":"1140181863","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369264424,"gmtCreate":1614049311868,"gmtModify":1704887330103,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369264424","repostId":"1140181863","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387582552,"gmtCreate":1613754926276,"gmtModify":1704884744540,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387582552","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","kind":"news","pubTimestamp":1613733842,"share":"https://ttm.financial/m/news/1161529893?lang=en_US&edition=fundamental","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></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>Goldman Sachs is joining the robo-investing party — should 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\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":365837966,"gmtCreate":1614725395555,"gmtModify":1704774425025,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy the dip!!","listText":"Buy the dip!!","text":"Buy the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/365837966","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://ttm.financial/m/news/1122180672?lang=en_US&edition=fundamental","pubTime":"2021-03-02 22:58","market":"other","language":"en","title":"NIO plunged more than 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></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>NIO plunged more than 7%</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\">\nNIO plunged more than 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2)&nbsp;<a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc.  reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366202596,"gmtCreate":1614483359715,"gmtModify":1704771999601,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am buying this !!","listText":"I am buying this !!","text":"I am buying this !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/366202596","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368243318,"gmtCreate":1614332460634,"gmtModify":1704770778741,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy the dip!!","listText":"Buy the dip!!","text":"Buy the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/368243318","repostId":"2114326273","repostType":4,"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367329251,"gmtCreate":1614911725073,"gmtModify":1704776897754,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Like my comment&nbsp;","listText":"Like my comment&nbsp;","text":"Like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367329251","repostId":"2117850095","repostType":4,"isVote":1,"tweetType":1,"viewCount":3281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364318773,"gmtCreate":1614815199792,"gmtModify":1704775516292,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am huying","listText":"I am huying","text":"I am huying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364318773","repostId":"1102082323","repostType":4,"isVote":1,"tweetType":1,"viewCount":2201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362202288,"gmtCreate":1614639836844,"gmtModify":1704773320694,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Run!!","listText":"Run!!","text":"Run!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362202288","repostId":"1118801983","repostType":4,"isVote":1,"tweetType":1,"viewCount":2176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366137007,"gmtCreate":1614407686109,"gmtModify":1704771629303,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"I am buying this!","listText":"I am buying this!","text":"I am buying this!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366137007","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367329639,"gmtCreate":1614911705421,"gmtModify":1704776897916,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy!","listText":"Buy!","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367329639","repostId":"2117850095","repostType":4,"isVote":1,"tweetType":1,"viewCount":2211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362204361,"gmtCreate":1614639966553,"gmtModify":1704773322636,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Buy more&nbsp;","listText":"Buy more&nbsp;","text":"Buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362204361","repostId":"1186673716","repostType":4,"isVote":1,"tweetType":1,"viewCount":3094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362372613,"gmtCreate":1614603141432,"gmtModify":1704772916600,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3571654404801251","idStr":"3571654404801251"},"themes":[],"htmlText":"Nobody!","listText":"Nobody!","text":"Nobody!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362372613","repostId":"1109453792","repostType":4,"repost":{"id":"1109453792","kind":"news","pubTimestamp":1614600249,"share":"https://ttm.financial/m/news/1109453792?lang=en_US&edition=fundamental","pubTime":"2021-03-01 20:04","market":"us","language":"en","title":"Who Is The Sucker In The SPAC Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109453792","media":"zerohedge","summary":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Banke","content":"<p><b>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.</b>SPAC evangelists (Bankers, Sponsors &amp; Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.<b>The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.</b></p>\n<p>When I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies.&nbsp;I then ask myself the same question one is supposed to ask when entering a poker Game:&nbsp;<b>Who is the SPAC sucker, and why is this Bubble happening?</b></p>\n<p><u><b>SPAC 101</b></u></p>\n<p>It is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share.&nbsp;The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a&nbsp;<b>Key Problem</b>as SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.</p>\n<p>The investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:</p>\n<blockquote>\n 1. SPAC maturity (18-24 months) or2.&nbsp;The SPAC announcing and closing on a prospective deal.\n</blockquote>\n<p>Alternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”</p>\n<p>I have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market.&nbsp;This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals.&nbsp;Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.</p>\n<p><b>Historically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.</b>Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.</p>\n<p><img src=\"https://static.tigerbbs.com/86935ec16d85533211d5fe6f76dbbbd9\" tg-width=\"500\" tg-height=\"273\"><u><b>The Value Chain &amp; Why This Will Go Away</b></u></p>\n<p>Prior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust.&nbsp;Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.”&nbsp;<b>The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.</b>This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values.&nbsp;<b>When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.</b>Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.</p>\n<p>I have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.</p>\n<p><u><b>Some Signs of a SPAC bubble:</b></u></p>\n<blockquote>\n <b>1. Dramatic increase in notional outstanding:</b>Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n <b>2. Increased Retail Participation:</b>SPACs have gone from the arcane to the hottest mainstream discussion topic.\n <b>3. Increasing Institutional Leverage from PBs:</b>5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n <b>4. Sponsors Bringing Multiple deals:</b>Chamath, Sternlicht.\n <b>5. Lower Quality of Sponsors/Celebrity SPACs:</b>Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n <b>6. Recent SPAC Hedge Fund and ETF launches</b>\n</blockquote>\n<p><u><b>Why will it pop?</b></u></p>\n<ul>\n <li><p><b>Simple issue of Supply and Demand:</b>&nbsp;In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.</p></li>\n <li><p><b>The SPAC IPO narrative will break down:</b>The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO.&nbsp;The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.</p></li>\n</ul>","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>Who Is The Sucker In The SPAC Market?</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\">\nWho Is The Sucker In The SPAC Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 20:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/who-sucker-spac-market><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/who-sucker-spac-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/who-sucker-spac-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109453792","content_text":"The SPAC market has become frothy and is reminiscent of the 1999 .com Bubble.SPAC evangelists (Bankers, Sponsors & Hedge Funds), most of whom are gaining great wealth from the Bubble, will say: “This time is different”. The argument they make is that SPACs are an increasingly mainstream, speedier path to IPO with less required disclosure and are acquiring better-quality companies than they have in the past. I think the less stringent regulation of SPACs feeds the risks borne by the end purchaser who is paying as much as 2X the true value of the underlying asset.The quality of SPAC acquisitions is poorer today than it has ever been, and the valuations are inflated as sponsors have no incentive to have any price discipline, rather their sole motivation is to get the deals done.\nWhen I think about the SPAC market, I see all the parties involved making money, including the sponsors, investors and acquired companies. I then ask myself the same question one is supposed to ask when entering a poker Game: Who is the SPAC sucker, and why is this Bubble happening?\nSPAC 101\nIt is first important to start with an explanation of SPACs as the particulars are often misunderstood. If one invests in a SPAC (Special Purpose Acquisition Company), he/she typically buys a unit consisting of a share and a warrant. This unit can be split and traded separately into a share and the proportional amount of warrants typically 1/2-1/3 per share. The sponsors contribute cash (sponsor equity) to the trust to cover expenses and receive a promote which is a combination of shares and warrants that typically averages 20% of the value of the SPAC. This promote vests upon the consummation of the deal with a lockup on his/her shares for a period that is often reduced, depending on the prevailing price per share. This is a Key Problemas SPACs are incented to do poor deals. Profit realization for SPAC sponsors is based on getting a deal done, even if it the stock trades down substantially.\nThe investor can opt not to participate in the deal and instead redeem his share for the cash invested plus the yield on short term treasuries, aka “Cash-in-trust.” Upon the earlier of:\n\n 1. SPAC maturity (18-24 months) or2. The SPAC announcing and closing on a prospective deal.\n\nAlternatively, the investor can stay in the deal and be an investor in the new company through the “De-SPACing.”\nI have been investing in SPACs for over ten years as an arbitrageur. I rarely have the intention of holding shares through the deal or “De-SPACing.” Prior to the second half of 2020, most deals ended up trading at or just below cash in trust, incenting a redemption for cash rather than the selling of shares on the open market. This phenomenon changed after NIKOLA and Virgin Galactic as investors started paying a premium for the hot deals. Today, almost all SPAC shares are trading at a substantial premium of 2-3% above their cash in trust. This is down from 8-9% a few weeks ago and could quickly go negative.\nHistorically, the sucker has been the guy who buys the SPAC and owns it on the back by rolling his shares into the newly merged company.Industry research shows that, for the SPACs that completed de-SPAC transactions between 2015 and July 2020, their shares delivered an average loss of 18.8%. That compares with the average after-market return from traditional IPOs of 37.2% since 2015. These days, most SPACs are doing bad deals and overpaying by a premium of say 20% to capture the sponsor economics (more on this later). That back-end investor is also giving up a 20% promote and is likely buying the stock post-IPO at a premium of say $0.50. So, in total, in he is overpaying by almost 50% for this stock.\nThe Value Chain & Why This Will Go Away\nPrior to the middle of last year, 60% of SPAC $ were redeemed. Today that is 0, as they all trade well above cash in trust. Once the bubble bursts, the SPACs will no longer trade at a premium to their value of “Cash in Trust.” Arbs will be the holder base and they will redeem for “Cash in Trust.” The value that the sponsors currently bring to the acquiree is the stupid cash that is rolling into the deal at an aggressive valuation. This value has been increasingly accessible given the bubble, as historically most SPAC money is redeemed.This is a retail/bubble driven phenomenon where investors opt to stay in deals at inflated values. When this goes away, the huge amount of SPAC equity capital contributed to recent raises may well end up being the loser.Those sponsors will have to do genuinely good deals to convince investors to participate rather than redeeming the shares.\nI have seen an 11% number quoted for the % of SPACs liquidating over the past 10 years, but what that does not capture is the number of deals where the sponsor forfeits his upside to get the deal done, as historically, he has brought far less cash into the deal. At that point, the sponsor is only providing a shell. With the number of available SPAC shells increasing every day, their value declines, as does the liquidity profile for the shares on the back end, and thus the true exit value for the acquiree.\nSome Signs of a SPAC bubble:\n\n1. Dramatic increase in notional outstanding:Total Notional has increased by $84B over the past year to about $100B. At current pace, total outstanding notional SPAC is projected to get to $190B by June.\n 2. Increased Retail Participation:SPACs have gone from the arcane to the hottest mainstream discussion topic.\n 3. Increasing Institutional Leverage from PBs:5 years ago it was 1X to 2X, one year ago it was 3X, now 4X is standard and the larger Multistrats are getting 10X with 6 months of term.\n 4. Sponsors Bringing Multiple deals:Chamath, Sternlicht.\n 5. Lower Quality of Sponsors/Celebrity SPACs:Billy Beane, Shaq, Arod, Colin Kaepernick, Serena Williams, Jay-Z, Paul Ryan. This is not that different than celebrities getting paid to promote crypto and there is some overlap here.\n 6. Recent SPAC Hedge Fund and ETF launches\n\nWhy will it pop?\n\nSimple issue of Supply and Demand: In January, issuance was $63B. February is projected to be on Pace. If this continues, even with a moderate slowdown ($20B of net monthly issuance), I estimate total notional SPAC $ outstanding will be around $200B by mid-2021 and $320B at year-end.\nThe SPAC IPO narrative will break down:The view is that SPACS are now the preferred route to IPO: SPACS are now more mainstream, but the perceived speedy path to issuance for a lower quality company understates the hidden costs. The standard fee structure associated with SPACS is a 20% promote (paid in shares). This fee remains regardless of how poorly the SPAC trades on the backend and well exceeds costs of a traditional IPO. The lack of disclosure required for SPAC reverse mergers may cause SEC concern and potential changes. In the past few months, we have seen fraud and disclosure issues (Nikola, Clover Health) that may draw regulator attention. If the market cooled down, the appetite for newer issues would decline and we will be left with too many SPAC shells with lesser prospects.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}