Przejdź do trybu offline z Player FM !
Hear Me Out - May 16, 2024 - AMC: The Me-Too Trade
Manage episode 418558962 series 68544
Victor Jones discusses the resurgence of meme stocks like AMC and GME, critiquing financial journalists for mischaracterizing retail traders. He argues that blaming traders for ignoring fundamentals shows journalists' ignorance of market dynamics. He criticizes AMC's CEO Adam Aron for exploiting retail traders through new stock issuance without meaningful company changes. Despite temporary price surges, Jones sees the phenomenon as a market structure play rather than a sustainable business transformation.
860 odcinków
Manage episode 418558962 series 68544
Victor Jones discusses the resurgence of meme stocks like AMC and GME, critiquing financial journalists for mischaracterizing retail traders. He argues that blaming traders for ignoring fundamentals shows journalists' ignorance of market dynamics. He criticizes AMC's CEO Adam Aron for exploiting retail traders through new stock issuance without meaningful company changes. Despite temporary price surges, Jones sees the phenomenon as a market structure play rather than a sustainable business transformation.
860 odcinków
All episodes
×Zapraszamy w Player FM
Odtwarzacz FM skanuje sieć w poszukiwaniu wysokiej jakości podcastów, abyś mógł się nią cieszyć już teraz. To najlepsza aplikacja do podcastów, działająca na Androidzie, iPhonie i Internecie. Zarejestruj się, aby zsynchronizować subskrypcje na różnych urządzeniach.