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2021-06-23

Workhorse!

Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks

2021-06-18

Sounds good

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2021-06-17

Lives at stake

FAA mandates Boeing 737 MAX inspections for key automated flight system

2021-06-16

Like and comments

Wall Street ends down as data spooks investors awaiting Fed report

2021-06-15

Hindenburg again?

DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations

2021-06-15

?

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624109100,"share":"https://ttm.financial/m/news/2144051297?lang=en_US&edition=fundamental","pubTime":"2021-06-19 21:25","market":"us","language":"en","title":"Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks","url":"https://stock-news.laohu8.com/highlight/detail?id=2144051297","media":"Dow Jones","summary":"MW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n</p>\n<p>\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n</p>\n<p>\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n</p>\n<p>\n  Short-selling \n</p>\n<p>\n  First, a quick review of terms: \n</p>\n<p>\n  Biggest short squeezes \n</p>\n<p>\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n</p>\n<p>\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n</p>\n<p>\n  The biggest short squeeze in the Russell 3000 appears to be <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a>, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n</p>\n<p>\n  Workhorse Group Inc. <a href=\"https://laohu8.com/S/WKHS\">$(WKHS)$</a> is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n</p>\n<p>\n  AMC Networks Inc. <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a> ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, which along with GameStop and Bed Bath &amp; Beyond Inc. <a href=\"https://laohu8.com/S/BBBY\">$(BBBY)$</a> was among eight meme stocks  profiled last week. \n</p>\n<p>\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n</p>\n<p>\n  A changed market \n</p>\n<p>\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares <a href=\"https://laohu8.com/S/HDGE\">Ranger Equity Bear ETF</a> (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n</p>\n<p>\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n</p>\n<p>\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n</p>\n<p>\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n</p>\n<p>\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n</p>\n<p>\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks</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\">\nHere are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-19 21:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n</p>\n<p>\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n</p>\n<p>\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n</p>\n<p>\n  Short-selling \n</p>\n<p>\n  First, a quick review of terms: \n</p>\n<p>\n  Biggest short squeezes \n</p>\n<p>\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n</p>\n<p>\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n</p>\n<p>\n  The biggest short squeeze in the Russell 3000 appears to be <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a>, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n</p>\n<p>\n  Workhorse Group Inc. <a href=\"https://laohu8.com/S/WKHS\">$(WKHS)$</a> is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n</p>\n<p>\n  AMC Networks Inc. <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a> ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, which along with GameStop and Bed Bath &amp; Beyond Inc. <a href=\"https://laohu8.com/S/BBBY\">$(BBBY)$</a> was among eight meme stocks  profiled last week. \n</p>\n<p>\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n</p>\n<p>\n  A changed market \n</p>\n<p>\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares <a href=\"https://laohu8.com/S/HDGE\">Ranger Equity Bear ETF</a> (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n</p>\n<p>\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n</p>\n<p>\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n</p>\n<p>\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n</p>\n<p>\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n</p>\n<p>\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc.","SPCE":"维珍银河","GME":"游戏驿站","AMCX":"AMC网络公司","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144051297","content_text":"MW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n\n\n  By Philip van Doorn \n\n\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n\n\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n\n\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n\n\n  Short-selling \n\n\n  First, a quick review of terms: \n\n\n  Biggest short squeezes \n\n\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n\n\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n\n\n  The biggest short squeeze in the Russell 3000 appears to be Virgin Galactic Holdings Inc. $(SPCE)$, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n\n\n  Workhorse Group Inc. $(WKHS)$ is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n\n\n  AMC Networks Inc. $(AMCX)$ ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been one of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. $(AMC)$, which along with GameStop and Bed Bath & Beyond Inc. $(BBBY)$ was among eight meme stocks  profiled last week. \n\n\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n\n\n  A changed market \n\n\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares Ranger Equity Bear ETF (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n\n\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n\n\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n\n\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n\n\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n\n\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 19, 2021 09:25 ET (13:25 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"BBBY":0.9,"GME":0.9,"AMCX":1,"WKHS":0.9,"SPCE":1}},"isVote":1,"tweetType":1,"viewCount":2488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168628765,"gmtCreate":1623974536957,"gmtModify":1703824998139,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Sounds good","listText":"Sounds good","text":"Sounds good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/168628765","repostId":"1140460323","repostType":4,"isVote":1,"tweetType":1,"viewCount":2067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163505886,"gmtCreate":1623887899145,"gmtModify":1703822423825,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Lives at stake","listText":"Lives at stake","text":"Lives at stake","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163505886","repostId":"2144713662","repostType":4,"repost":{"id":"2144713662","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623887260,"share":"https://ttm.financial/m/news/2144713662?lang=en_US&edition=fundamental","pubTime":"2021-06-17 07:47","market":"us","language":"en","title":"FAA mandates Boeing 737 MAX inspections for key automated flight system","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713662","media":"Reuters","summary":"WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a dire","content":"<p>WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.</p>\n<p>The directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.</p>\n<p>The three repetitive inspections are to be done during existing maintenance programs, the FAA said.</p>\n<p>The FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.</p>\n<p>Boeing did not immediately comment.</p>\n<p>The FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.</p>\n<p>The FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.</p>\n<p>The 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.</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>FAA mandates Boeing 737 MAX inspections for key automated flight system</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\">\nFAA mandates Boeing 737 MAX inspections for key automated flight system\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 07:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.</p>\n<p>The directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.</p>\n<p>The three repetitive inspections are to be done during existing maintenance programs, the FAA said.</p>\n<p>The FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.</p>\n<p>Boeing did not immediately comment.</p>\n<p>The FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.</p>\n<p>The FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.</p>\n<p>The 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713662","content_text":"WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.\nThe directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.\nThe three repetitive inspections are to be done during existing maintenance programs, the FAA said.\nThe FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.\nBoeing did not immediately comment.\nThe FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.\nThe FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.\nThe 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160593842,"gmtCreate":1623801209486,"gmtModify":1703819666710,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/160593842","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623797252,"share":"https://ttm.financial/m/news/2143680537?lang=en_US&edition=fundamental","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</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>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","QID":"两倍做空纳斯达克指数ETF-ProShares","OEX":"标普100",".DJI":"道琼斯","DXD":"两倍做空道琼30指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","DJX":"1/100道琼斯","DOG":"道指ETF-ProShares做空","SH":"做空标普500-Proshares","SPXU":"三倍做空标普500ETF-ProShares","BA":"波音","SSO":"2倍做多标普500ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","TQQQ":"纳指三倍做多ETF","IVV":"标普500ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"QLD":0.9,"SPXU":0.9,"SDOW":0.9,".SPX":0.9,"TQQQ":0.9,"ESmain":0.9,"QID":0.9,"SDS":0.9,"OEF":0.9,"SH":0.9,".IXIC":0.9,".DJI":0.9,"UPRO":0.9,"DDM":0.9,"NQmain":0.9,"QQQ":0.9,"BA":0.9,"IVV":0.9,"DJX":0.9,"MNQmain":0.9,"OEX":0.9,"DOG":0.9,"SSO":0.9,"PSQ":0.9,"SQQQ":0.9,"DXD":0.9,"UDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":2785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187736409,"gmtCreate":1623764209201,"gmtModify":1703818596969,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Hindenburg again?","listText":"Hindenburg again?","text":"Hindenburg again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187736409","repostId":"1128180606","repostType":4,"repost":{"id":"1128180606","kind":"news","pubTimestamp":1623761571,"share":"https://ttm.financial/m/news/1128180606?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:52","market":"us","language":"en","title":"DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=1128180606","media":"zerohedge","summary":"Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenbu","content":"<p>Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a new reportcalled<b>\"DraftKings– A $21 Billion SPAC Betting It Can Hide Its Black Market Operations\".</b></p>\n<p>Shares were down about 8% pre-market.</p>\n<p><img src=\"https://static.tigerbbs.com/010a74574e750dc6be5a5a3411a58f73\" tg-width=\"663\" tg-height=\"440\">\"DraftKings has been considered one of the more successful deals in a recent wave of SPAC transactions marred by scandal and bad actors. Its stock is up ~398% from its announcement price,\" the report says.</p>\n<blockquote>\n <i><b>\"Unbeknownst to investors, DraftKings’ merger with SBTech also brings exposure to extensive dealings in black-market gaming, money laundering and organized crime.\"</b></i>\n</blockquote>\n<p>\"We estimate that roughly 50% of SBTech’s revenue continues to come from markets where gambling is banned, based on an analysis of DraftKings’ SEC filings, conversations with former employees, and supporting documents,\" Hindenburg alleges. \"As one former employee told us, DraftKings’ subsidiary SBTech has 'sold to plenty of mobs', a sharp contrast to the clean image of DraftKings’ brand-conscious partners, including the NFL, NBA, NASCAR, UFC and PGA, and the company’s recent hire of supermodel Gisele Bundchen to advise on governance issues.\"</p>\n<p>The report also alleges:</p>\n<ul>\n <li>Prior to the SPAC merger, SBTech seems to have made a concerted effort to distance itself from its black-market dealings. Illicit customer relationships were shuffled into a newly formed “distributor” entity called BTi/CoreTech, with ~50 SBTech employees shifted across town to the new entity.</li>\n <li>The CEO selected to run BTi/CoreTech was formerly an executive of a ‘binary options’ gambling firm raided by the FBI and subsequently charged by the SEC for deceiving U.S. investors out of over $100 million.</li>\n <li>Former SBTech employees called BTi/CoreTech a “front”, and said the split preserved SBTech’s (and now DraftKings’) illicit business while shielding the public company from scrutiny. For all practical purposes, it appears that BTi/CoreTech functions as DraftKings’ undisclosed illegal gaming division.</li>\n <li>We identified numerous black market clients of DraftKings’ “front” entity, through searches on social media and back-end web infrastructure. For example, an Asia-focused site tied to a triad kingpin at the center of a Swiss money laundering investigation advertises its use of BTi/CoreTech technology.</li>\n <li>In 2019, Vietnamese authorities arrested 22 individuals involved in a “massive illegal online sports betting ring” linked to BTi/CoreTech’s platform.</li>\n <li>Contrary to representations made to Oregon’s state lottery, a former employee told us SBTech had extensive operations in Iran, violating local laws in a market subject to heavy U.S. sanctions. We were told SBTech knowingly operated there for 4-5 years with the founder directly overseeing the operation.</li>\n <li>Around the time of the DraftKings deal, SBTech’s founder spun off another gaming brand that also operated in markets where gambling was banned, transferring it to his brother. The brand was behind a “massive Chinese operation”, according to a former employee, contrary to representations made to Oregon’s state lottery.</li>\n <li>The brand continues to operate in China despite the strict local rules prohibiting online gambling, according to our review of web infrastructure for multiple China-facing gambling sites. DraftKings continues to transact with the entity, according to SEC filings.</li>\n <li>DraftKings trades at a ~26x last twelve months (LTM) sales multiple and a ~20x estimated 2021 sales multiple despite (i) no expectation of earnings for years, (ii) intense competition, and (iii) regulatory risk. The company posted net losses of $844 million in 2020 and $346 million last quarter.</li>\n <li>Insiders have dumped over $1.4 billion in stock since the company went public a little over a year ago, with SBTech’s founder leading the pack, having personally sold ~$568 million in shares.</li>\n <li>Despite a rocky track record prior to taking DraftKings public, the company’s SPAC sponsors ultimately received 9.3 million shares, worth around $114 million at the time, in exchange for a token $25 thousand contribution.</li>\n <li>We spoke with several industry experts and competitors who questioned the viability of DraftKings’ model of aggressively burning cash on promotion and marketing to acquire customers in the near term, despite a lack of evidence of long-term customer brand loyalty.</li>\n <li>We think DraftKings has systematically skirted the law and taken elaborate steps to obfuscate its black market operations. These violations appear to be continuing to this day, all while insiders aggressively cash out amidst the market froth.</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>DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations</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\">\nDraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128180606","content_text":"Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a new reportcalled\"DraftKings– A $21 Billion SPAC Betting It Can Hide Its Black Market Operations\".\nShares were down about 8% pre-market.\n\"DraftKings has been considered one of the more successful deals in a recent wave of SPAC transactions marred by scandal and bad actors. Its stock is up ~398% from its announcement price,\" the report says.\n\n\"Unbeknownst to investors, DraftKings’ merger with SBTech also brings exposure to extensive dealings in black-market gaming, money laundering and organized crime.\"\n\n\"We estimate that roughly 50% of SBTech’s revenue continues to come from markets where gambling is banned, based on an analysis of DraftKings’ SEC filings, conversations with former employees, and supporting documents,\" Hindenburg alleges. \"As one former employee told us, DraftKings’ subsidiary SBTech has 'sold to plenty of mobs', a sharp contrast to the clean image of DraftKings’ brand-conscious partners, including the NFL, NBA, NASCAR, UFC and PGA, and the company’s recent hire of supermodel Gisele Bundchen to advise on governance issues.\"\nThe report also alleges:\n\nPrior to the SPAC merger, SBTech seems to have made a concerted effort to distance itself from its black-market dealings. Illicit customer relationships were shuffled into a newly formed “distributor” entity called BTi/CoreTech, with ~50 SBTech employees shifted across town to the new entity.\nThe CEO selected to run BTi/CoreTech was formerly an executive of a ‘binary options’ gambling firm raided by the FBI and subsequently charged by the SEC for deceiving U.S. investors out of over $100 million.\nFormer SBTech employees called BTi/CoreTech a “front”, and said the split preserved SBTech’s (and now DraftKings’) illicit business while shielding the public company from scrutiny. For all practical purposes, it appears that BTi/CoreTech functions as DraftKings’ undisclosed illegal gaming division.\nWe identified numerous black market clients of DraftKings’ “front” entity, through searches on social media and back-end web infrastructure. For example, an Asia-focused site tied to a triad kingpin at the center of a Swiss money laundering investigation advertises its use of BTi/CoreTech technology.\nIn 2019, Vietnamese authorities arrested 22 individuals involved in a “massive illegal online sports betting ring” linked to BTi/CoreTech’s platform.\nContrary to representations made to Oregon’s state lottery, a former employee told us SBTech had extensive operations in Iran, violating local laws in a market subject to heavy U.S. sanctions. We were told SBTech knowingly operated there for 4-5 years with the founder directly overseeing the operation.\nAround the time of the DraftKings deal, SBTech’s founder spun off another gaming brand that also operated in markets where gambling was banned, transferring it to his brother. The brand was behind a “massive Chinese operation”, according to a former employee, contrary to representations made to Oregon’s state lottery.\nThe brand continues to operate in China despite the strict local rules prohibiting online gambling, according to our review of web infrastructure for multiple China-facing gambling sites. DraftKings continues to transact with the entity, according to SEC filings.\nDraftKings trades at a ~26x last twelve months (LTM) sales multiple and a ~20x estimated 2021 sales multiple despite (i) no expectation of earnings for years, (ii) intense competition, and (iii) regulatory risk. The company posted net losses of $844 million in 2020 and $346 million last quarter.\nInsiders have dumped over $1.4 billion in stock since the company went public a little over a year ago, with SBTech’s founder leading the pack, having personally sold ~$568 million in shares.\nDespite a rocky track record prior to taking DraftKings public, the company’s SPAC sponsors ultimately received 9.3 million shares, worth around $114 million at the time, in exchange for a token $25 thousand contribution.\nWe spoke with several industry experts and competitors who questioned the viability of DraftKings’ model of aggressively burning cash on promotion and marketing to acquire customers in the near term, despite a lack of evidence of long-term customer brand loyalty.\nWe think DraftKings has systematically skirted the law and taken elaborate steps to obfuscate its black market operations. These violations appear to be continuing to this day, all while insiders aggressively cash out amidst the market froth.","news_type":1,"symbols_score_info":{"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":1662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187055682,"gmtCreate":1623731795846,"gmtModify":1704209856973,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/187055682","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":160593842,"gmtCreate":1623801209486,"gmtModify":1703819666710,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/160593842","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623797252,"share":"https://ttm.financial/m/news/2143680537?lang=en_US&edition=fundamental","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</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>Wall Street ends down as data spooks investors awaiting Fed report</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\">\nWall Street ends down as data spooks investors awaiting Fed report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","QID":"两倍做空纳斯达克指数ETF-ProShares","OEX":"标普100",".DJI":"道琼斯","DXD":"两倍做空道琼30指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","DJX":"1/100道琼斯","DOG":"道指ETF-ProShares做空","SH":"做空标普500-Proshares","SPXU":"三倍做空标普500ETF-ProShares","BA":"波音","SSO":"2倍做多标普500ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","TQQQ":"纳指三倍做多ETF","IVV":"标普500ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"QLD":0.9,"SPXU":0.9,"SDOW":0.9,".SPX":0.9,"TQQQ":0.9,"ESmain":0.9,"QID":0.9,"SDS":0.9,"OEF":0.9,"SH":0.9,".IXIC":0.9,".DJI":0.9,"UPRO":0.9,"DDM":0.9,"NQmain":0.9,"QQQ":0.9,"BA":0.9,"IVV":0.9,"DJX":0.9,"MNQmain":0.9,"OEX":0.9,"DOG":0.9,"SSO":0.9,"PSQ":0.9,"SQQQ":0.9,"DXD":0.9,"UDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":2785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123939016,"gmtCreate":1624405975735,"gmtModify":1703835546607,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Workhorse!","listText":"Workhorse!","text":"Workhorse!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/123939016","repostId":"2144051297","repostType":2,"repost":{"id":"2144051297","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624109100,"share":"https://ttm.financial/m/news/2144051297?lang=en_US&edition=fundamental","pubTime":"2021-06-19 21:25","market":"us","language":"en","title":"Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks","url":"https://stock-news.laohu8.com/highlight/detail?id=2144051297","media":"Dow Jones","summary":"MW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n</p>\n<p>\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n</p>\n<p>\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n</p>\n<p>\n  Short-selling \n</p>\n<p>\n  First, a quick review of terms: \n</p>\n<p>\n  Biggest short squeezes \n</p>\n<p>\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n</p>\n<p>\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n</p>\n<p>\n  The biggest short squeeze in the Russell 3000 appears to be <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a>, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n</p>\n<p>\n  Workhorse Group Inc. <a href=\"https://laohu8.com/S/WKHS\">$(WKHS)$</a> is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n</p>\n<p>\n  AMC Networks Inc. <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a> ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, which along with GameStop and Bed Bath &amp; Beyond Inc. <a href=\"https://laohu8.com/S/BBBY\">$(BBBY)$</a> was among eight meme stocks  profiled last week. \n</p>\n<p>\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n</p>\n<p>\n  A changed market \n</p>\n<p>\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares <a href=\"https://laohu8.com/S/HDGE\">Ranger Equity Bear ETF</a> (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n</p>\n<p>\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n</p>\n<p>\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n</p>\n<p>\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n</p>\n<p>\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n</p>\n<p>\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks</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\">\nHere are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-19 21:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n</p>\n<p>\n  By Philip van Doorn \n</p>\n<p>\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n</p>\n<p>\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n</p>\n<p>\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n</p>\n<p>\n  Short-selling \n</p>\n<p>\n  First, a quick review of terms: \n</p>\n<p>\n  Biggest short squeezes \n</p>\n<p>\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n</p>\n<p>\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n</p>\n<p>\n  The biggest short squeeze in the Russell 3000 appears to be <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a>, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n</p>\n<p>\n  Workhorse Group Inc. <a href=\"https://laohu8.com/S/WKHS\">$(WKHS)$</a> is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n</p>\n<p>\n  AMC Networks Inc. <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a> ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, which along with GameStop and Bed Bath &amp; Beyond Inc. <a href=\"https://laohu8.com/S/BBBY\">$(BBBY)$</a> was among eight meme stocks  profiled last week. \n</p>\n<p>\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n</p>\n<p>\n  A changed market \n</p>\n<p>\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares <a href=\"https://laohu8.com/S/HDGE\">Ranger Equity Bear ETF</a> (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n</p>\n<p>\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n</p>\n<p>\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n</p>\n<p>\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n</p>\n<p>\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n</p>\n<p>\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc.","SPCE":"维珍银河","GME":"游戏驿站","AMCX":"AMC网络公司","BBBY":"Bed Bath & Beyond, Inc."},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144051297","content_text":"MW Here are the biggest short squeezes in the stock market, including Virgin Galactic and AMC Networks\n\n\n  By Philip van Doorn \n\n\n  Hedge fund short-sellers seem to have learned their lesson from early 2021. \n\n\n  Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit's WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. \n\n\n  But there are still stocks with heavy short interest that have been bid up recently. Below is a new list using the same criteria we used to pull this list of heavily shorted stocks  during the Reddit/Robinhood mania in late January. \n\n\n  Short-selling \n\n\n  First, a quick review of terms: \n\n\n  Biggest short squeezes \n\n\n  Late in January, we listed  heavily shorted stocks that had shot up the most that month. We began with the components of the Russell 3000 Index , then identified the 65 stocks with at least 25% short interest. Among those, GameStop had the biggest year-to-date gain through Jan. 27 -- an astounding 1,745%. \n\n\n  So now we have used the same method. According to FactSet's most current data, there were only 20 stocks among the Russell 3000 whose shares available for trading were at least 25% sold short as of June 11. Here they are, sorted by how much the shares had appreciated for four weeks (from May 14) through June 11: \n\n\n  The biggest short squeeze in the Russell 3000 appears to be Virgin Galactic Holdings Inc. $(SPCE)$, which more than doubled in four weeks and was 27.82% sold short on June 11.  The company's shares have soared since the successful test .\" The company expects to begin testing for commercial passenger flights next year. \n\n\n  Workhorse Group Inc. $(WKHS)$ is the most heavily shorted stock on the list, with 40.32% short interest, and its shares have nearly doubled in four weeks. The electric-vehicle maker produced 38 of its C-Series trucks during the first quarter and delivered six to customers  to a hold from a buy on June 4. \n\n\n  AMC Networks Inc. $(AMCX)$ ranks fourth on the list, with a 32% gain in four weeks and 25.58% short interest. As readers have pointed out, this is a different company from the \"AMC\" we that has been one of the most heavily covered meme stocks: AMC Entertainment Holdings Inc. $(AMC)$, which along with GameStop and Bed Bath & Beyond Inc. $(BBBY)$ was among eight meme stocks  profiled last week. \n\n\n  Read: Meme-stock traders start to converge on shares of insulin-pump maker Senseonics  \n\n\n  A changed market \n\n\n  Getting back to that 40.38% short interest for Workhorse, Brad Lamensdorf, who co-manages the AdvisorShares Ranger Equity Bear ETF (HDGE) -- which is meant to be used as a hedging tool -- said in January that a percentage of short-sales to total shares available for trading of \"over 30% to 40% is outrageously high.\" \n\n\n  There are now only nine stocks among the Russell 3000 shorted more than 30%. During a follow-up interview on June 14, Lamensdorf said hedge fund managers were reducing their use use of leverage to take short positions. \n\n\n  \"They don't need as many shorts. They think in this environment shorting isn't helping them hedge risk -- it is actually creating more risk,\" he said. \n\n\n  Lamensdorf went on to say that anecdotally, hedge fund managers have been using \"complete buy stops,\" to automatically cover short positions more quickly than they used to. \n\n\n  Don't miss: We put 6 more meme stocks' numbers to the test and the differences are telling  \n\n\n  -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 19, 2021 09:25 ET (13:25 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"BBBY":0.9,"GME":0.9,"AMCX":1,"WKHS":0.9,"SPCE":1}},"isVote":1,"tweetType":1,"viewCount":2488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168628765,"gmtCreate":1623974536957,"gmtModify":1703824998139,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Sounds good","listText":"Sounds good","text":"Sounds good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/168628765","repostId":"1140460323","repostType":4,"isVote":1,"tweetType":1,"viewCount":2067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187055682,"gmtCreate":1623731795846,"gmtModify":1704209856973,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/187055682","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163505886,"gmtCreate":1623887899145,"gmtModify":1703822423825,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Lives at stake","listText":"Lives at stake","text":"Lives at stake","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163505886","repostId":"2144713662","repostType":4,"repost":{"id":"2144713662","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623887260,"share":"https://ttm.financial/m/news/2144713662?lang=en_US&edition=fundamental","pubTime":"2021-06-17 07:47","market":"us","language":"en","title":"FAA mandates Boeing 737 MAX inspections for key automated flight system","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713662","media":"Reuters","summary":"WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a dire","content":"<p>WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.</p>\n<p>The directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.</p>\n<p>The three repetitive inspections are to be done during existing maintenance programs, the FAA said.</p>\n<p>The FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.</p>\n<p>Boeing did not immediately comment.</p>\n<p>The FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.</p>\n<p>The FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.</p>\n<p>The 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.</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>FAA mandates Boeing 737 MAX inspections for key automated flight system</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\">\nFAA mandates Boeing 737 MAX inspections for key automated flight system\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 07:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.</p>\n<p>The directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.</p>\n<p>The three repetitive inspections are to be done during existing maintenance programs, the FAA said.</p>\n<p>The FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.</p>\n<p>Boeing did not immediately comment.</p>\n<p>The FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.</p>\n<p>The FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.</p>\n<p>The 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713662","content_text":"WASHINGTON, June 16 (Reuters) - The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing Co requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system.\nThe directive makes mandatory instructions released by Boeing in December that recommend planes with more than 6,000 flight hours be subject to specific electronic checks. MCAS, an automated flight control system on the 737 MAX, was tied to two fatal 737 MAX crashes that led to the plane's 20-month grounding that was lifted in November.\nThe three repetitive inspections are to be done during existing maintenance programs, the FAA said.\nThe FAA also issued a notice on Wednesday called a Continued Airworthiness Notification to the International Community (CANIC) \"to highlight the importance of these inspections to other international regulators and to operators outside the United States.\" The directive impacts about 72 U.S.-registered airplanes and 389 airplanes worldwide, the FAA said.\nBoeing did not immediately comment.\nThe FAA said the directive is necessary because a \"potential latent failure of a flight control system function\" if combined with \"unusual flight maneuvers or with another flight control system failure\" could result in reduced controllability of the airplane.\nThe FAA said all operators of U.S.-registered 737 MAX airplanes have already included these inspections in their maintenance programs.\nThe 737 MAX was grounded in March 2019 worldwide after two fatal crashes in five months killed 346 people. The grounding was not lifted until November 2020 by the FAA after Boeing made significant safety upgrades and improvements in pilot training as well as adding new safeguards to MCAS.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187736409,"gmtCreate":1623764209201,"gmtModify":1703818596969,"author":{"id":"3586246597762450","authorId":"3586246597762450","name":"AhBert","avatar":"https://static.tigerbbs.com/f69aec1aff0158b6da95c741c1021327","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586246597762450","idStr":"3586246597762450"},"themes":[],"htmlText":"Hindenburg again?","listText":"Hindenburg again?","text":"Hindenburg again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187736409","repostId":"1128180606","repostType":4,"repost":{"id":"1128180606","kind":"news","pubTimestamp":1623761571,"share":"https://ttm.financial/m/news/1128180606?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:52","market":"us","language":"en","title":"DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=1128180606","media":"zerohedge","summary":"Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenbu","content":"<p>Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a new reportcalled<b>\"DraftKings– A $21 Billion SPAC Betting It Can Hide Its Black Market Operations\".</b></p>\n<p>Shares were down about 8% pre-market.</p>\n<p><img src=\"https://static.tigerbbs.com/010a74574e750dc6be5a5a3411a58f73\" tg-width=\"663\" tg-height=\"440\">\"DraftKings has been considered one of the more successful deals in a recent wave of SPAC transactions marred by scandal and bad actors. Its stock is up ~398% from its announcement price,\" the report says.</p>\n<blockquote>\n <i><b>\"Unbeknownst to investors, DraftKings’ merger with SBTech also brings exposure to extensive dealings in black-market gaming, money laundering and organized crime.\"</b></i>\n</blockquote>\n<p>\"We estimate that roughly 50% of SBTech’s revenue continues to come from markets where gambling is banned, based on an analysis of DraftKings’ SEC filings, conversations with former employees, and supporting documents,\" Hindenburg alleges. \"As one former employee told us, DraftKings’ subsidiary SBTech has 'sold to plenty of mobs', a sharp contrast to the clean image of DraftKings’ brand-conscious partners, including the NFL, NBA, NASCAR, UFC and PGA, and the company’s recent hire of supermodel Gisele Bundchen to advise on governance issues.\"</p>\n<p>The report also alleges:</p>\n<ul>\n <li>Prior to the SPAC merger, SBTech seems to have made a concerted effort to distance itself from its black-market dealings. Illicit customer relationships were shuffled into a newly formed “distributor” entity called BTi/CoreTech, with ~50 SBTech employees shifted across town to the new entity.</li>\n <li>The CEO selected to run BTi/CoreTech was formerly an executive of a ‘binary options’ gambling firm raided by the FBI and subsequently charged by the SEC for deceiving U.S. investors out of over $100 million.</li>\n <li>Former SBTech employees called BTi/CoreTech a “front”, and said the split preserved SBTech’s (and now DraftKings’) illicit business while shielding the public company from scrutiny. For all practical purposes, it appears that BTi/CoreTech functions as DraftKings’ undisclosed illegal gaming division.</li>\n <li>We identified numerous black market clients of DraftKings’ “front” entity, through searches on social media and back-end web infrastructure. For example, an Asia-focused site tied to a triad kingpin at the center of a Swiss money laundering investigation advertises its use of BTi/CoreTech technology.</li>\n <li>In 2019, Vietnamese authorities arrested 22 individuals involved in a “massive illegal online sports betting ring” linked to BTi/CoreTech’s platform.</li>\n <li>Contrary to representations made to Oregon’s state lottery, a former employee told us SBTech had extensive operations in Iran, violating local laws in a market subject to heavy U.S. sanctions. We were told SBTech knowingly operated there for 4-5 years with the founder directly overseeing the operation.</li>\n <li>Around the time of the DraftKings deal, SBTech’s founder spun off another gaming brand that also operated in markets where gambling was banned, transferring it to his brother. The brand was behind a “massive Chinese operation”, according to a former employee, contrary to representations made to Oregon’s state lottery.</li>\n <li>The brand continues to operate in China despite the strict local rules prohibiting online gambling, according to our review of web infrastructure for multiple China-facing gambling sites. DraftKings continues to transact with the entity, according to SEC filings.</li>\n <li>DraftKings trades at a ~26x last twelve months (LTM) sales multiple and a ~20x estimated 2021 sales multiple despite (i) no expectation of earnings for years, (ii) intense competition, and (iii) regulatory risk. The company posted net losses of $844 million in 2020 and $346 million last quarter.</li>\n <li>Insiders have dumped over $1.4 billion in stock since the company went public a little over a year ago, with SBTech’s founder leading the pack, having personally sold ~$568 million in shares.</li>\n <li>Despite a rocky track record prior to taking DraftKings public, the company’s SPAC sponsors ultimately received 9.3 million shares, worth around $114 million at the time, in exchange for a token $25 thousand contribution.</li>\n <li>We spoke with several industry experts and competitors who questioned the viability of DraftKings’ model of aggressively burning cash on promotion and marketing to acquire customers in the near term, despite a lack of evidence of long-term customer brand loyalty.</li>\n <li>We think DraftKings has systematically skirted the law and taken elaborate steps to obfuscate its black market operations. These violations appear to be continuing to this day, all while insiders aggressively cash out amidst the market froth.</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>DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations</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\">\nDraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.zerohedge.com/markets/draftkings-shares-plunge-after-short-seller-hindenburg-research-ties-company-black-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128180606","content_text":"Shares of SPAC darling DraftKings are crashing during pre-market trading after short seller Hindenburg Research (most recentlyresponsible for oustingthe CEO and CEO of Lordstown Motors) hasreleased a new reportcalled\"DraftKings– A $21 Billion SPAC Betting It Can Hide Its Black Market Operations\".\nShares were down about 8% pre-market.\n\"DraftKings has been considered one of the more successful deals in a recent wave of SPAC transactions marred by scandal and bad actors. Its stock is up ~398% from its announcement price,\" the report says.\n\n\"Unbeknownst to investors, DraftKings’ merger with SBTech also brings exposure to extensive dealings in black-market gaming, money laundering and organized crime.\"\n\n\"We estimate that roughly 50% of SBTech’s revenue continues to come from markets where gambling is banned, based on an analysis of DraftKings’ SEC filings, conversations with former employees, and supporting documents,\" Hindenburg alleges. \"As one former employee told us, DraftKings’ subsidiary SBTech has 'sold to plenty of mobs', a sharp contrast to the clean image of DraftKings’ brand-conscious partners, including the NFL, NBA, NASCAR, UFC and PGA, and the company’s recent hire of supermodel Gisele Bundchen to advise on governance issues.\"\nThe report also alleges:\n\nPrior to the SPAC merger, SBTech seems to have made a concerted effort to distance itself from its black-market dealings. Illicit customer relationships were shuffled into a newly formed “distributor” entity called BTi/CoreTech, with ~50 SBTech employees shifted across town to the new entity.\nThe CEO selected to run BTi/CoreTech was formerly an executive of a ‘binary options’ gambling firm raided by the FBI and subsequently charged by the SEC for deceiving U.S. investors out of over $100 million.\nFormer SBTech employees called BTi/CoreTech a “front”, and said the split preserved SBTech’s (and now DraftKings’) illicit business while shielding the public company from scrutiny. For all practical purposes, it appears that BTi/CoreTech functions as DraftKings’ undisclosed illegal gaming division.\nWe identified numerous black market clients of DraftKings’ “front” entity, through searches on social media and back-end web infrastructure. For example, an Asia-focused site tied to a triad kingpin at the center of a Swiss money laundering investigation advertises its use of BTi/CoreTech technology.\nIn 2019, Vietnamese authorities arrested 22 individuals involved in a “massive illegal online sports betting ring” linked to BTi/CoreTech’s platform.\nContrary to representations made to Oregon’s state lottery, a former employee told us SBTech had extensive operations in Iran, violating local laws in a market subject to heavy U.S. sanctions. We were told SBTech knowingly operated there for 4-5 years with the founder directly overseeing the operation.\nAround the time of the DraftKings deal, SBTech’s founder spun off another gaming brand that also operated in markets where gambling was banned, transferring it to his brother. The brand was behind a “massive Chinese operation”, according to a former employee, contrary to representations made to Oregon’s state lottery.\nThe brand continues to operate in China despite the strict local rules prohibiting online gambling, according to our review of web infrastructure for multiple China-facing gambling sites. DraftKings continues to transact with the entity, according to SEC filings.\nDraftKings trades at a ~26x last twelve months (LTM) sales multiple and a ~20x estimated 2021 sales multiple despite (i) no expectation of earnings for years, (ii) intense competition, and (iii) regulatory risk. The company posted net losses of $844 million in 2020 and $346 million last quarter.\nInsiders have dumped over $1.4 billion in stock since the company went public a little over a year ago, with SBTech’s founder leading the pack, having personally sold ~$568 million in shares.\nDespite a rocky track record prior to taking DraftKings public, the company’s SPAC sponsors ultimately received 9.3 million shares, worth around $114 million at the time, in exchange for a token $25 thousand contribution.\nWe spoke with several industry experts and competitors who questioned the viability of DraftKings’ model of aggressively burning cash on promotion and marketing to acquire customers in the near term, despite a lack of evidence of long-term customer brand loyalty.\nWe think DraftKings has systematically skirted the law and taken elaborate steps to obfuscate its black market operations. These violations appear to be continuing to this day, all while insiders aggressively cash out amidst the market froth.","news_type":1,"symbols_score_info":{"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":1662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}