I'm watching to see if it breaks through that support. Otherwise, my 10 shares and I are VERY happy together! Until we're not....
I got a bit nervous yesterday, I'm still holding as long as this low 200's holds. Nice close! (considering)
Will definitely be interesting to see what happens with AMC over the next 12-months. I will be focused on Labor Day. Depending on where the market is on Labor Day will tell me a lot about where things are heading, not just with AMC but with crypto and other "meme" stocks.
Memes and trends come and go. GME, AMC, DOGE and the rest can stay overvalued for a long time, but at some point the winds will change.
I'm probably going to be dumping my 10 shares soon. Looks like the volume is dropping and it's running out of gas.
$200 failing? I can see this fading away when something new hits the radar and the collective masses all shift to the next target, but so far it has not happened.
Wow, Down to 190.00 AMC down to 46.00 BB at 11.50 WISH down to 11.07 CLOV slaughtered and down to 9.79 Have we seen the end of the retail traders pushing "meme" stocks?
I dont know. I think the pandemic created a lot of "investors," and now that they are all returning to their normal lives, you'll see a large percentage of them pull their money and stop investing/trading. Im sure a small percentage will stay engaged but not nearly the number you had when you had the entire country locked down at home and with extra money burning a hole in their pockets. Things are going to take a turn. And perhaps if you look closely at trends, maybe they have already begun turning.
Sold my 10 shares this week, I'd like to see if 160 holds support. Still have my AMC shares but I suspect this'll dive as well. Damn job, interfering with my trading! I can't watch the way I should be watching!
