7 Reasons to Avoid the Reddit Stocks Like the Plague_老虎社区_美港股上老虎

7 Reasons to Avoid the Reddit Stocks Like the Plague

Motley Fool2021-03-18

GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest...

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dahae
·2021-03-18
it’s a type of gambling
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- Jpeh:
  Agree
  2021-03-18
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小赖赖
·2021-03-18
Nice try boomers
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AlvinTang
·2021-03-18
Good
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Strider88
·2021-03-18
Agreed
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BOTAKYAP
·2021-03-18
Good opportunity [财迷] [财迷]
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3
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jimmylaw
·2021-03-18
Reddit 🤣
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- 43c0b98:
  i love u
  2021-03-18
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ToTheMOON
·2021-03-18
I lost 10k trading with them
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Last year, investors witnessed the fastest...\n\n<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">网页链接</a>\n\n</div>\n","source":null,"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>7 Reasons to Avoid the Reddit Stocks Like the Plague</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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 20:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/>Motley Fool</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest...\n\n<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","article_id":"1126528554","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","pubTimestamp":1616070017,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"像瘟疫一样避开Reddit股票的7个理由","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":327806703,"gmtCreate":1616074797302,"gmtModify":1634527373399,"author":{"id":"3560092322694803","authorId":"3560092322694803","name":"dahae","avatar":"https://static.tigerbbs.com/137beae1f6048901843924ba46796740","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3560092322694803","authorIdStr":"3560092322694803"},"htmlText":"it’s a type of gambling&nbsp;","listText":"it’s a type of gambling&nbsp;","text":"it’s a type of gambling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/327806703","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3829468,"gmtCreate":1616083025338,"gmtModify":1635752518546,"authorId":3550499772816891,"author":{"id":3550499772816891,"idStr":"3550499772816891","authorId":3550499772816891,"name":"Jpeh","avatar":"https://static.tigerbbs.com/4f74e86286be4e7bdaac05ba96b3a697","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":327806703,"type":1,"supId":0,"prevId":0,"content":"Agree","text":"Agree","html":"Agree"}],"langContent":"EN"},{"id":327176729,"gmtCreate":1616074422261,"gmtModify":1634527378186,"author":{"id":"3574979473661125","authorId":"3574979473661125","name":"小赖赖","avatar":"https://static.tigerbbs.com/efbd85c02219122d727f3ce8ce3b6f24","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3574979473661125","authorIdStr":"3574979473661125"},"htmlText":"Nice try boomers","listText":"Nice try boomers","text":"Nice try boomers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327176729","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327178597,"gmtCreate":1616074395819,"gmtModify":1634527378543,"author":{"id":"3561683872711062","authorId":"3561683872711062","name":"AlvinTang","avatar":"https://static.tigerbbs.com/76e114f543425a2d046a65fe4951f729","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3561683872711062","authorIdStr":"3561683872711062"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327178597","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327170566,"gmtCreate":1616074199055,"gmtModify":1631892153611,"author":{"id":"3579088932518063","authorId":"3579088932518063","name":"Strider88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3579088932518063","authorIdStr":"3579088932518063"},"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327170566","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327186436,"gmtCreate":1616070224125,"gmtModify":1634527402323,"author":{"id":"3569894447597850","authorId":"3569894447597850","name":"BOTAKYAP","avatar":"https://static.tigerbbs.com/335356fded8c7d08f8ee1bbe18b6f105","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3569894447597850","authorIdStr":"3569894447597850"},"htmlText":"Good opportunity&nbsp;[财迷]&nbsp;[财迷]&nbsp;","listText":"Good opportunity&nbsp;[财迷]&nbsp;[财迷]&nbsp;","text":"Good opportunity [财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327186436","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":327186177,"gmtCreate":1616070157699,"gmtModify":1634527402683,"author":{"id":"3570772304712620","authorId":"3570772304712620","name":"jimmylaw","avatar":"https://static.tigerbbs.com/f6c847ae11f03f4682632e6fa4016040","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3570772304712620","authorIdStr":"3570772304712620"},"htmlText":"Reddit 🤣","listText":"Reddit 🤣","text":"Reddit 🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/327186177","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3826403,"gmtCreate":1616070293677,"gmtModify":1635752623139,"authorId":3576232257279797,"author":{"id":3576232257279797,"idStr":"3576232257279797","authorId":3576232257279797,"name":"43c0b98","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":327186177,"type":1,"supId":0,"prevId":0,"content":"i love u","text":"i love u","html":"i love u"}],"langContent":"EN"},{"id":327188116,"gmtCreate":1616070065835,"gmtModify":1634527402902,"author":{"id":"3576212227172632","authorId":"3576212227172632","name":"ToTheMOON","avatar":"https://static.tigerbbs.com/7769f4b8d26aa1903d8784e79b05b4df","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3576212227172632","authorIdStr":"3576212227172632"},"htmlText":"I lost 10k trading with them","listText":"I lost 10k trading with them","text":"I lost 10k trading with them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327188116","repostId":1126528554,"repostType":4,"repost":{"id":"1126528554","kind":"news","pubTimestamp":1616070017,"share":"https://www.laohu8.com/m/news/1126528554?lang=zh_CN&edition=full","pubTime":"2021-03-18 20:20","market":"us","language":"en","title":"7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126528554","media":"Motley Fool","summary":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long yo","content":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>","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>7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n7 Reasons to Avoid the Reddit Stocks Like the Plague<blockquote>像躲避瘟疫一样避开Reddit股票的7个理由</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMotley Fool2021-03-18 20:20\n\n</h4>\n</header>\n<article>\nGameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&amp;P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.<blockquote>游戏驿站、AMC、Sundial和许多其他Reddit股票对投资者来说都是坏消息。无论你投资了多久，总会有新的东西可以看。去年，投资者见证了最快的熊市下跌至少30%标普500的历史，以及西德克萨斯中质原油期货深度（但短暂）跌至负值区域。今年，一切都是关于Reddit的狂热。</blockquote>Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"<blockquote>Reddit的WallStreetBets(WSB)社区聊天室上的散户投资者（其中许多是年轻或新手投资者）实际上已经联合起来购买股票和价外看涨期权期权。空头兴趣较高的股票。这些WSB交易者的目标是进行轧空，这只会推动动量股的上涨。由于大多数大卖空者都是机构投资者或对冲基金，Reddit狂潮被视为散户投资者和“大资金”之间的战斗。</blockquote>While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.<blockquote>虽然许多Reddit股票飙升，但绝大多数都是极其危险的投资。以下是像躲避瘟疫一样避开Reddit股票的七个充分理由。</blockquote>1. They've detached from their underlying fundamentals<blockquote>1.他们已经脱离了他们的基本原则</blockquote>Arguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.<blockquote>可以说，Reddit股票上涨的最大问题是无法证明这些公司的基本面是合理的。</blockquote>Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.<blockquote>以视频游戏和配件零售商为例游戏驿站（纽约证券交易所代码：GME）就是一个完美的例子。尽管2020年假期期间其电子商务销售额猛增309%，但由于该公司关闭了11%的商店，总销售额仍下降了3%。在等待太久才专注于数字游戏之后，游戏驿站的游戏计划几乎是关闭实体店，以削减成本并扭转盈利局面。</blockquote>Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.<blockquote>然后是耳机、头戴式耳机和蓝牙扬声器-制造商科斯（纳斯达克：科斯）。在过去十年中，Koss的交易价格一直是销售额的0.5至1.1倍，现在的估值估计是销售额的11至12倍。请注意，这是一家在高度商品化且利润率普遍较低的行业运营的公司，在过去四年中有三年亏损。没有办法证明它的估值是合理的。</blockquote>2. They're often serial diluters<blockquote>2.它们通常是连续稀释器</blockquote>When questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.<blockquote>当有问题的股票起飞时，你通常可以指望这些公司背后的管理团队利用这份礼物作为筹集资金的机会。通俗地说，这意味着股东被迫应对稀释问题。</blockquote>Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.<blockquote>加拿大大麻库存日晷种植者（纳斯达克：SNDL）在很短的时间内筹集了超过6亿美元的现金。然而，其进行的大量注册直接发行、市场发行和债转股使其流通股数量在五个月内增加了约11.5亿股。Sundial董事会最近还批准了另一项混合发行，这将使其能够随着时间的推移出售最多10亿美元的证券。</blockquote>Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.<blockquote>即使Sundial以某种方式实现盈利并有效地将现金投入使用，该公司拥有16.6亿股已发行股票，也几乎不可能产生有意义的每股利润。如果没有反向拆分，Sundial可能会经常面临退市的风险。</blockquote>3. They usually lose money<blockquote>3.他们通常会赔钱</blockquote>A common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.<blockquote>Reddit股票的一个共同主题是大多数股票都远未实现盈利。例如，贴身服装和泳装零售商裸体品牌集团（纳斯达克：NAKD）因其高水平的空头兴趣和细价股股价而广受欢迎。</blockquote>However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.<blockquote>然而，有一点你在这家公司找不到，那就是利润。自2018年以来，销售额一直在下降，该公司至少五年来没有实现全年利润。虽然Naked Brands转向以电子商务为中心的模式可能有助于降低其管理费用，使其盈利，但这远不能保证。零售领域竞争激烈，即使是成功的零售商充其量也只有适度的营业利润。</blockquote>It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.<blockquote>值得指出的是，游戏驿站和Sundial也损失了相当多的钱——我下面将提到的大多数其他Reddit股票也是如此。</blockquote>4. Some lack innovation<blockquote>四、有的缺乏创新</blockquote>Another issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.<blockquote>一些Reddit股票的另一个问题是它们缺乏真正的创新。这可以在加密货币矿工身上看到防暴区块链（纳斯达克：暴动）及马拉松数字控股（纳斯达克：MARA），这两只股票都是WSB社区内的热门股票。</blockquote>Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.<blockquote>这些加密货币挖矿公司使用高性能计算机来求解复杂的数学方程，以验证交易组（称为区块）比特币的（加密货币：BTC）网络。为此，他们将获得6.25比特币的整体奖励。价值接近35万美元。随着比特币价格的上涨，Riot和Marathon Digital的股价也在上涨。</blockquote>The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.<blockquote>这些股票的问题在于它们完全与比特币的表现挂钩。在过去十年中，全球最大的数字代币曾三次暴跌80%。如果这种情况再次发生，甚至不清楚加密货币挖矿运营模式是否能够生存。由于缺乏创新，Riot和Marathon本质上都在祈祷，希望比特币崛起。</blockquote>5. Quite a few are penny stocks<blockquote>5.相当一部分是细价股</blockquote>Retail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.<blockquote>WSB社区的散户投资者也一直在涌入细价股，其中一些股票被大量卖空。尽管细价股本质上并不是坏消息，但绝大多数股价低于5美元的公司“便宜”是有充分理由的。</blockquote>Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.<blockquote>兽医保健公司佐梅迪卡（NYSEMKT：ZOM）一直是Reddit人群中特别受欢迎的细价股。Zomedica在一月份首次获得提振虎王明星卡罗尔·巴斯金(Carole Baskin)在YouTube上发布的一段视频中提到了该股票——巴斯金因此获得了补偿。Zomedica宣布计划于3月底推出Truforma床旁诊断系统后，该公司股价进一步上涨。</blockquote>But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.<blockquote>但到目前为止，Zomedica一直是一家处于发展阶段的公司，没有收入。即使Truforma正式上市后，华尔街预计到2023年销售额也仅略高于2000万美元。与Zomedica 24亿美元的估值相比，这是微不足道的。</blockquote>6. Some may not survive<blockquote>6.有些可能无法存活</blockquote>There's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.<blockquote>还有一种非常现实的可能性是，散户投资者买入的一些Reddit股票甚至可能无法生存。</blockquote>Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.<blockquote>连锁电影院AMC院线（纽约证券交易所股票代码：AMC）可以说是仅次于游戏驿站的最受欢迎的WSB股票，今年早些时候险些申请破产。拯救AMC的只是发行了近1.65亿股AMC股票和超过4亿美元的债务资本。</blockquote>But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&amp;T&nbsp;subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.<blockquote>但即使有了这笔资金，也不确定几年后AMC是否会存在。冠状病毒变种有可能颠覆社会规范的回归，而精选的流媒体服务正在侵蚀影院曾经神圣的空间。AT&amp;T子公司WarnerMedia今年将在HBO Max上发布所有电影，并在影院上映的同一天发布。随着电影排他性现在受到质疑，AMC最好的日子似乎已经一去不复返了。</blockquote>7. Margin use is a concern<blockquote>7.保证金使用是一个问题</blockquote>A seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.<blockquote>像躲避瘟疫一样避开Reddit股票的第七个也是最后一个原因是散户投资者使用的大量杠杆。</blockquote>According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.<blockquote>根据哈里斯2020年9月对散户投资者进行的民意调查，23%的人购买了期权，10%的人使用保证金购买股票，另外10%的人同时通过保证金购买股票并购买期权。换句话说，43%的散户投资者利用市场时机和/或利用杠杆进行投机，试图提高收益。</blockquote>The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.<blockquote>问题是，从长远来看，市场时机并不具有任何程度的准确性，股票价格可以（也确实）双向波动。如果股市在散户投资者高杠杆的情况下朝着错误的方向发展，我们可能会看到许多Reddit股票因保证金评级而受到绝对抑制。</blockquote>There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.<blockquote>关注基本面的长期投资者根本没有理由追逐任何Reddit股票。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/\">Motley Fool</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/18/7-reasons-to-avoid-reddit-stocks-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126528554","content_text":"GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors.No matter how long you've been investing, there's always something new to see. Last year, investors witnessed the fastest bear market decline of at least 30% in theS&P 500's history, as well as West Texas Intermediate crude oil futures plunging deeply (but briefly) into negative territory. This year, it's beenall about the Reddit frenzy.Without getting too far into the weeds, retail investors -- many of whom are young or novice investors -- on Reddit's WallStreetBets (WSB) community chatroom have effectively banded together to purchase shares and out-of-the-money call options on stocks with high levels of short interest. The goal of these WSB traders is to effect a short squeeze, which only fuels the upside in a momentum stock. Since most big short-sellers are institutional investors or hedge funds, the Reddit frenzy is being viewed as a battle between retail investors and the \"big money.\"While a number of Reddit stocks have skyrocketed, the vast majority are extremely dangerous investments. Here are seven sound reasons to avoid the Reddit stocks like the plague.1. They've detached from their underlying fundamentalsArguably the biggest problem with the Reddit-stock rally is that there's no way to justify the underlying fundamentals for these companies.Take video game and accessories retailerGameStop(NYSE:GME)as the perfect example. Though its e-commerce sales during the 2020 holiday season catapulted 309%,total sales still declined by 3%as a result of the company shuttering 11% of its stores. After waiting far too long to focus on digital gaming, GameStop's game plan is pretty much to close physical locations in an effort to cut costs and backpedal its way into profitability.Then there's headphone, headset, and Bluetooth speaker-manufacturerKoss(NASDAQ:KOSS). After consistently trading at 0.5 to 1.1 times sales over the last decade, Koss is now valued at an estimated 11 to 12 times sales. Mind you, this is a company operating in a highly commoditized and generally low-margin industry that's lost money in three of the past four years. There'sno way to justify its valuation.2. They're often serial dilutersWhen questionable stocks take off, you can usually count on the management teams behind these companies to use this gift as an opportunity to raise capital. In layman's terms, this means shareholders are forced to deal with dilution.Canadianmarijuana stockSundial Growers(NASDAQ:SNDL)has raised more than $600 million in cash in a very short time frame. However, the numerous registered direct offerings, at-the-market offerings, and debt-to-equity swaps it undertookincreased its outstanding share countby approximately 1.15 billion shares in five months. Sundial's board also recently OK'd another mixed-shelf offering that would allow it to sell up to $1 billion in securities over time.Even if Sundial were to somehow become profitable and effectively put its cash to work, it'll be almost impossible for the company to generate a meaningful per-share profit with 1.66 billion shares outstanding. Without a reverse split, Sundial could regularly flirt with delisting.3. They usually lose moneyA common theme among the Reddit stocks is that most aren't anywhere close to profitability. For instance, intimate apparel and swimwear retailerNaked Brand Group(NASDAQ:NAKD)has been popular both for its high level of short interest and its penny stock share price.However, one thing you're not going to find with this company is profits.Sales have been on the decline since 2018, and the company hasn't produced a full-year profit in at least a half-decade. While it's possible Naked Brands' shift to an e-commerce-focused model could help lower its overhead enough to make it profitable, it's far from a guarantee. The retail space is highly competitive, and even successful retailers sport only modest operating margins, at best.It's worth pointing out that GameStop and Sundial are losing quite a bit of money, too -- as are most of the other Reddit stocks I'll be mentioning below.4. Some lack innovationAnother issue with some of the Reddit stocks is that they lack true innovation. This can be seen in cryptocurrency minersRiot Blockchain(NASDAQ:RIOT)andMarathon Digital Holdings(NASDAQ:MARA), which have both been popular stocks within the WSB community.Thesecryptocurrency miningcompanies use high-powered computers to solve complex mathematical equations to validate groups of transactions (known as a block) onBitcoin's(CRYPTO:BTC)network. For doing so, they're given a block reward of 6.25 Bitcoin. That's worth close to $350,000. As the price of Bitcoin has risen, so have the share prices of Riot and Marathon Digital.The problem with these stocks is they're completely tethered to the performance of Bitcoin. Over the last decade, the world's largest digital token plunged by 80% on three separate occasions. If that were to happen again, it's not even clear if the crypto mining operating model would survive.Devoid of innovation, Riot and Marathon are essentially crossing their proverbial fingers and hoping Bitcoin goes up.5. Quite a few are penny stocksRetail investors in the WSB community have also been piling intopenny stocks, some of which are heavily sold short. Though penny stocks aren't inherently bad news, the vast majority of companies with share prices below $5 are \"cheap\" for a good reason.Veterinary healthcare companyZomedica(NYSEMKT:ZOM)has been an especially popular penny stock with the Reddit crowd. Zomedica first received a boost in January afterTiger Kingstar Carole Baskin mentioned the stock -- a mention Baskin was compensated for -- in a video posted to YouTube. Zomedica's shares gained further traction after the company announced plans to launch its Truforma point-of-care diagnostics system at the end of March.But up to this point, Zomedica has been a developmental-stage company with no revenue. Even after Truforma officially hits the market, Wall Street is only counting on a little north of $20 million in sales by 2023. That'speanuts compared to Zomedica's $2.4 billion valuation.6. Some may not surviveThere's also the very real possibility that some of the Reddit stocks being pumped by retail investors may not even survive.Movie-theater chainAMC Entertainment(NYSE:AMC), arguably the most-popular WSB stock next to GameStop, came perilously close to filing for bankruptcy earlier this year. All that saved AMC was the issuance of nearly 165 million shares of AMC stock and more than $400 million in debt capital.But even with this capital,it's not certain that AMC will be around in a few years. Coronavirus variants threaten to upend a return to societal norms, and select streaming services are encroaching on theaters' once-sacred space.AT&T subsidiary WarnerMedia is releasing all of its movies on HBO Max this year the same day they'll hit theaters. With movie exclusivity now being called into question, AMC's best days look to be long gone.7. Margin use is a concernA seventh and final reason to avoid the Reddit stocks like the plague is thehigh amount of leverage being used by retail investors.According to a Harris Poll of retail investors conducted back in September 2020, 23% had purchased options, 10% were using margin to buy equities, and another 10% were both buying equities on margin and purchasing options. In other words, 43% of all retail investors were speculating with market timing and/or using leverage in an attempt to pump up their gains.The problem is that market timing doesn't work with any degree of accuracy over the long run, and stock prices can (and do) move in both directions. If equities get moving in the wrong direction with retail investors highly levered, it's possible we could see a number of Reddit stocks get absolutely throttled due to margin calls.There's simply no reason for fundamentally focused, long-term investors to chase any of the Reddit stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":false,"newsSizeData":{"likeSize":7,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}