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March 29th, 2021 | 08:25 CEST

Steinhoff, GameStop, SKRR Exploration: This is how you gamble today!

  • Gold
Photo credits: pixabay.com

If you want to turn a little money into a lot on the stock market, you have to bet on the right stocks. But the promising stocks are often really hot: Many gamblers have already jumped on the bandwagon and it is unclear whether the hype will last or not. Typical gambler stocks are either turnaround stocks, short squeezes or micro-enterprises with excellent growth potential. We present three stocks and discuss the underlying gambler potential.

time to read: 3 minutes | Author: Nico Popp
ISIN: NL0011375019 , US36467W1099 , CA78446Q1000

Table of contents:


    Steinhoff: When justice and the stock market come together

    Steinhoff's stock has been heavy for weeks. The stock has only been a household name to many investors since the accounting scandal of 2017. The Company used numerous subsidiaries to present earnings more positively. Since then, the furniture and household goods retailers' stock has crashed and a legal battle over the EUR 7 billion fraud has erupted. There is repeated speculation that a settlement could be reached. Since Steinhoff has its own investments and also earns money, such a step could be a liberating blow for the Company.

    Most recently, the insurance companies gave the go-ahead to pay at least USD 93 million in damages. Although this is out of proportion to the billion-dollar sum in question, the cash could at least be an additional argument. If Steinhoff adds to this and, for example, throws shares in associated companies into the balance, the crippling legal dispute could get moving. In the last three months, the share has already gained around 100%. Hopes of a liberating blow are justified, but anything is possible when the judiciary and the stock market come together. Considering the fall height, the Steinhoff share is only something for hard-core gamblers.

    GameStop: Who can trust the stock

    When it comes to gambling, GameStop's stock is not to be missed. The retail chain for computer games, which seems to have fallen out of time even at second glance, exerts an attraction on the market for many private investors. The reason lies in the high short-selling ratio. Professional market participants, in particular, have recognized the Company's real value and are speculating on falling prices. Gamblers from Reddit forums oppose this and drive GameStop's share price up again and again. As a result, short sellers have to stock up and the share price rises steeply. In the last three months, this has happened three times. Currently, the share price is rising again.

    Because of the previous history, it is a better choice to be long than short with GameStop - after all, the losses on long trades are limited to 100%, while they can theoretically be infinite on short sales. Practically, they end up in total loss with one's financial possibilities. Although the share is just picking up speed, inexperienced private investors, in particular, should keep their hands off GameStop. Only those who are used to volatile stocks with rapid swing trades can take hold here. However, the risk is exceptionally high.

    SKRR Exploration: EUR 6.5 million market capitalization and gold in the ground

    Another hot gamble, but less known and therefore lower risk, is the share of SKRR Exploration. The Company is valued at EUR 6.5 million on the stock exchange and explores for gold in the Canadian province of Saskatchewan. Most recently, they reported good drill results from a 2,981-meter drill program completed last fall. Highlights included 2.85 grams of gold per tonne over a distance of 1.12 meters within a previously unknown zone. Results also revealed gold occurrences near the surface, which may indicate easy mining.

    While SKRR's plans are still at an early stage, the Company offers everything that gamblers could want - the only thing missing is the hype. However, given the stock's extremely low market capitalization and existence as a penny stock, just a rising gold price and more positive results from SKRR could cause the stock to be kissed awake. Although SKRR is not the talk of the town, the stock offers the chance to be in on the next hype, possibly right from the start. As recently as last fall, the stock was trading around 100% higher. If you have patience and like speculative stocks, you can take a closer look at SKRR Exploration.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

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    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author



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