Traders Should Go To AMC, Bring Stuff From Bed Bath & Beyond, Carry BlackBerry Phones: 'Dumb Money' Author
Portfolio Pulse from Chris Katje
The movie 'Dumb Money', based on the GameStop saga, is set to release on Sept. 22, 2023. The movie is a Sony Group Corp production and was made for around $30 million. The film's release could draw attention to GameStop and AMC Entertainment Holdings. The author of the book on which the movie is based suggested that moviegoers should support the film by investing in meme stocks like AMC, Bed Bath & Beyond, and BlackBerry. Bed Bath & Beyond has declared bankruptcy and sold its assets to Overstock.com.
September 12, 2023 | 7:53 pm
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NEUTRAL IMPACT
The release of 'Dumb Money' could draw attention to AMC, potentially impacting its stock price.
The release of a movie based on the GameStop saga could draw attention to AMC, potentially leading to increased trading activity. However, it's uncertain how this will affect the stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The author's suggestion to invest in BlackBerry as a way to support the movie could potentially impact its stock price.
The author's suggestion to invest in BlackBerry as a way to support the movie could potentially lead to increased trading activity. However, it's uncertain how this will affect the stock price.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
The release of 'Dumb Money' could draw attention to GameStop, potentially impacting its stock price.
The release of a movie based on the GameStop saga could draw attention to the company, potentially leading to increased trading activity. However, it's uncertain how this will affect the stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Overstock.com's acquisition of assets from Bed Bath & Beyond could potentially impact its stock price.
Overstock.com's acquisition of assets from Bed Bath & Beyond could potentially lead to increased trading activity. However, it's uncertain how this will affect the stock price.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Sony's production of 'Dumb Money' could potentially impact its stock price.
Sony's production of a movie based on the GameStop saga could potentially lead to increased trading activity. However, it's uncertain how this will affect the stock price.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 60