5 Stocks to Watch Like $APE
I apologize for the late e-mail today. I plan to get back on track starting Tuesday. I wrote a new article explaining the entire BBBY pump and dump scam for investors who want to know exactly what happened.
But it’s time to move forward and learn from this whole experience.
5 Stocks to Watch for Monday August 22nd 2022
AMC Preferred Equity (NYSE: APE)
AMC Theatres (NYSE: AMC)
GigaCloud Technology (NASDAQ: GCT)
BitNile (NYSE: NILE)
Matterport (NASDAQ: MTTR)
AMC Preferred Equity (APE)
APE shares debuted on the NYSE and now are trading around $6. I’m not sure if APE will turn into the next YOLO stock but it is interesting to see how this plays out. I’m sitting on the sidelines for this one.
AMC Theatres (AMC)
Due to dilution, AMC shares plunged 40% so far in Monday’s trading session to make up for APE’s new value. I mentioned selling my AMC shares at $24 and moving the funds into BBBY. Right now, AMC could be a sneaky dip buy but now things are confusing with the addition of APE shares. More on this later this week.
GigaCloud Technology (GCT)
The new Hong Kong IPO is now on my radar and I have a potential $500 price target on the stock. It could be the next HKD stock due to its low float and 180 share lockup period. Check out my GCT stock price prediction article for more information.
BitNile (NILE)
I noticed a lot of insider buying from BitNile’s CEO and this could be a good time to pick up crypto mining stocks. NILE stock trades at just 30 cents and could be a potential 10x stock once the crypto market recovers in 2023.
Matterport (MTTR)
I’m really bullish on web 3.0 stocks right now. Matterport helps company create a 3D model of their real estate and this company continues to grow revenue despite its sub $5 share price.
What’s Next?
I’m emotionally drained from what happened last week and am looking to get back on track Tuesday.
That’s all for now. Thanks for reading and check out my site, InvestorTrip.com, for more articles and insights.