AMC sitting at 50$ right now. It sure is interesting trying to predict the unpredictable. shit has no rhyme or reason it seems. Hopefully if I continue to spread my investments around and diversify, maybe I can catch the new big retail stock before it becomes one. That is my goal with DGLY, HOOK, and HNST although I believe all 3 of these companies have intrinsic value.
Important to understand this is play money to me. If it tanks, then so be it, all good,no sweat. I own a decent chunk more at LOWER prices. I feel like the position will play out great. It's a gamma thing.
been bouncing between other sites trying to wrap a few things up and about to quit all the Facebook trading pages they suck.
I am surprised I'm still holding. I think this thing has some life in it yet. VERY happy at the action this week. I don't have a lot, just 20 shares under 19.00. Let's see what happens, shall we?
So when AMC dips, you buy, then when it hits a certain point and you're profitting, you then sell? And you repeat this as often as the pattern allows? Over the last month I have seen AMC jump between low 40's - high 50's somewhat regularly (at least it seems that way) Or are you a believer in AMC longterm? As in buy now and HODL?
Why do you keep plugging this nonsense? That video predicted 63-65$ by the end of the day.... What did AMC do? 58.11$ Net Change of -0.16cents
You've commented as a new investor, you do not want to play in this stock. It's volatile and its for more "expert" investors at this point. I was in about 1600 shares around $8 and got called out of them at $22 finally. Stock is way beyond fundamentals at this point and it's a power play among technicals and day traders trying to play the options and support / resistance levels. If you're a more novice investor looking for more conservative buy and holds, ABNB is my favorite buy and hold stock at this moment. You won't get rich quick off it like the volatile stocks, but ABNB is around $150 at the moment and I see it at an easy value in the $180-$220 range. Very low risk to buy and hold it expecting a 20% return IMO.
Yeah, It was a question in regards to peoples' general philosophy in regards to AMC. I have next to 0 interest in AMC stock. I do glance at the price daily out of interest but I wouldnt buy AMC. I dont like investing in companies I do not believe in from a business-stance. I understand this may be slightly foolish but I feel it reduces my risk as well. I was interested in that guy who keeps spamming AMC videos even though every single prediction the guy makes is wrong by the end of the day. The guy regularly calls for 60-70$ eod finishes and has been right once in the 5 videos posted. The people pushing these Reddit stocks in order to make these WSB' admins money dont even realize they are being duped because they believe they are doing it all in the name of "Sticking it to the man," when really they are just putting themselves in positions to be stuck holding bags. Thoughts on this very basic analysis?
