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Dennis Dick On Virgin Galactic's Stock: 'What Do We Have To Look Forward To?'
Monday, July 12, 2021 - 2:31pm | 2002On Monday’s PreMarket Prep, Dennis Dick, and Spencer Israel discussed the large gap up in shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) at the open of the premarket session, and why the subsequent drop was not a good sign. “This stock traded almost $60 at 4:00 am. I think...
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How The Stamps.com Buyout Announcement Screwed Over Retail Traders
Friday, July 9, 2021 - 3:00pm | 747Stamps.com Inc. (NASDAQ: STMP) shares jumped 63.7% on Friday after the company announced a $6 billion buyout by private equity firm Thoma Bravo. On Benzinga PreMarket Prep, co-host Dennis Dick discussed why the current rules surrounding trading halts and takeover announcements puts retail...
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How The End Of The Quarter Can Impact Markets: PreMarket Prep Recap
Wednesday, June 30, 2021 - 5:36pm | 686On Wednesday’s PreMarket Prep, Joel Elconin, Dennis Dick and Spencer Israel discussed how window dressing on the last trading day of the quarter can impact markets. “The definition of window dressing is that portfolio managers want to have the good companies in their portfolios and they...
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PreMarket Prep Recap: The 4 Stocks Dennis Dick Bought Yesterday
Thursday, June 24, 2021 - 10:58am | 1805On Wednesday’s PreMarket Prep, co-hosts Joel Elconin and Dennis Dick discussed the bullish chart setups in several tech stocks. On Thursday’s show, Dick revealed he had purchased four such stocks for a swing trade. Those stocks are Alibaba Holding Corp (NYSE: BABA), Teladoc Health...
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Palantir Might Be Worth Trading After Consolidating Around $20
Monday, May 24, 2021 - 11:07am | 260Palantir Technologies Inc (NYSE: PLTR) has been consolidating and is now worth considering a speculative trade on the long side, co-host Dennis Dick said Monday on Benzinga's YouTube show "PreMarket Prep." What Happened: Palantir confirmed Monday it will...
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Could Reddit Traders Turn On Elon Musk And Target Tesla's Stock?
Monday, May 17, 2021 - 11:03am | 378If Elon Musk continues to negatively impact Bitcoin (CRYPTO: $BTC) with social media commentary, there is a chance Reddit traders could turn against him and try to negatively influence the share price of Tesla Inc (NASDAQ: TSLA), co-host Joel Elconin said Monday on Benzinga...
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4 Stocks To Watch, According To Benzinga's Jason Raznick
Friday, May 14, 2021 - 10:01am | 395Jason Raznick, the founder and CEO of Benzinga, made an appearance on Benzinga's YouTube show "PreMarket Prep" Friday to discuss the opportunities he sees in the market right now. Voyager Digital Ltd (OTCQB: VYGVF) could see some bids, Raznick said. Account openings...
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The Top In Crypto Will Arrive This Weekend: Dennis Dick On 'PreMarket Prep'
Friday, May 7, 2021 - 12:46pm | 451The highs for the year in the cryptocurrency market will be reached in the coming days, co-host Dennis Dick said Friday on Benzinga's YouTube show "PreMarket Prep." Dick compared the state of the crypto market to the SPAC market a month-and-a-half ago. What Happened: The...
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Growth Is A Sell On Rallies, Value Is A Buy On Dips: PreMarket Prep
Wednesday, May 5, 2021 - 6:10pm | 275The hosts of Benzinga’s “PreMarket Prep” on Wednesday morning continued a discussion of the closing gap between valuation for value stocks and growth stocks in the market. What Happened: Co-Host Dennis Dick noted that value had several strong pushes on Tuesday during the trading...
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PreMarket Prep: The Bulls Take Back Control Of Tesla
Monday, May 3, 2021 - 6:45pm | 213The bulls have retaken control of Tesla Inc (NASDAQ: TSLA) stock, co-host Dennis Dick said Monday on Benzinga's YouTube show "PreMarket Prep." The bears were in control of Tesla recently until the stock went against the action in growth names on Friday, Dick ...
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'PreMarket Prep' Highlights Technical Level To Watch For Coinbase
Monday, May 3, 2021 - 2:07pm | 261Investors in Coinbase Global Inc (NASDAQ: COIN) need to watch the $282 level, co-host Dennis Dick said Monday on Benzinga's YouTube show "PreMarket Prep." Co-host Joel Elconin noted that the most concerning thing about the stock is the lack of a bounce. $282 is the all-time low...
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Could An Amazon Split Foreshadow Dow Jones Industrial Inclusion?
Wednesday, April 28, 2021 - 10:36am | 644Online retail giant Amazon.com is one of the most talked-about stocks this week with an upcoming earnings report and rumors of a share split announcement. What Happened: Fox Business panelist Charles Gasparino tweeted Monday that, according to traders he has spoken to, an Amazon.com (...
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Payment For Order Flow Explained: Why Zero-Commission Trades Aren't Really Free
Friday, April 16, 2021 - 9:25am | 713Robinhood’s zero-commission trading model came under scrutiny earlier this year during the WallStreetBets-fueled trading frenzy in GameStop Corp. (NYSE: GME) and other so-called “meme” stocks. The zero-commission model is not a new concept on Wall Street. Here’s how it works...
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Market Experts React To GameStop Hearing: 'Congress Needed To Dig Deeper'
Friday, February 19, 2021 - 4:50pm | 607The CEOs of Reddit, Robinhood, Citadel Securities and Melvin Capital testified in front of the House Financial Services Committee on Thursday as part of a Congressional inquiry into extreme volatility in GameStop — and Robinhood’s decision to temporarily limit buying of so-called...
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Why Short Sellers Help Keep The Stock Market In Check: 'Pricing Mechanism Is Broken' Without Them
Tuesday, February 2, 2021 - 2:15pm | 772A stock buying frenzy by online groups of retail traders, led by Reddit’s WallStreetBets community, has triggered massive short squeezes in highly shorted stocks like GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC) and others in recent weeks. Many onlookers, such as...