# The Memes: Lots of Buying Happening

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Last modified: 2021-08-20

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By Paul Ebeling · 2021-08-20
Tags: Shayne Heffernan on Investments, Stocks, stocks, Paul Ebeling, meme
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#meme #stocks

$AMC $HOOD $NAKD $SENS

"*Friday’s trading is recovering the value lost over the past wk’s down action*" -- Paul Ebeling 

AMC Entertainment Holdings Inc. ([NYSE:AMC](NYSE:AMC)) traded down about 1.5% in the Noon hr Friday, investors see this as a buying opportunity. According to Fidelity’s orders page, 72% of customers were buying shares.

The stock that traded down the most Friday is Robinhood Markets Inc. ([NASDAQ: HOOD](NASDAQ: HOOD)). Shares traded down about 18% from the wkly high marked Wednesday afternoon. Fidelity reported that buy orders comprise 53% of customers’ trade orders.

Naked Brand Group Ltd. ([NASDAQ:NAKD](NASDAQ:NAKD)) traded up more than 11% in the Noon hr on no news. Because the share price is below 1.00, the stock is not particularly attractive to short sellers. Less than 5% of the company’s float is short.

Senseonics Holdings Inc. ([NYSEAMERICAN:SENS](NYSEAMERICAN:SENS)): The medical diagnostics and research firm scored coverage with a Buy rating and a 6 price target Thursday, driving the shares to an intra-day high well above the closing price. If morning gains hold, Senseonics would close Friday with all Thursday’s losses back on the leger.

Have a prosperous weekend, Keep the Faith!

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