AMC who’s holding?

Cashton

New Member
Alright guys I told ya’s to to buy some AMC, who listened to me? Anyone ? If you did, I know the price action looks good and you want to take profits now, but don’t, hold guys, they’re going to let it run, then try to push the price down and make it look like the squeeze is over, but it won’t be, trust me on this. It’s not too late to get in now, we’ve been going for many months now in this battle, don’t risk more than you’re willing to lose as always, happy trading guys.
 
I bought some after we talked about it. I didn't have much cash in that account though, I only grabbed like 5. there's a little more in account now. You think it's still worth buying?
 
I bought some after we talked about it. I didn't have much cash in that account though, I only grabbed like 5. there's a little more in account now. You think it's still worth buying?
I’m not a financial advisor, but I think the price is going to go much much higher, right now you should be sitting in a decent profit still if you bought in when we talked about it!
 
I bought some after we talked about it. I didn't have much cash in that account though, I only grabbed like 5. there's a little more in account now. You think it's still worth buying?
Also I’ve been holding for I think about 4 months and I haven’t sold yet.
 
Depends on whether you like investing or gambling. AMC is a lot closer to gambling. If you're cool with gambling, there's still probably some money to be made. If you want an investment, there's much more valuable stocks.
I have to imagine if he has a brokerage, he’s more diverse than just a handful of amc stock, also if he bought in when we were talking, then he’s up for sure right now. It’s for sure a gamble with everything going on, but for months now people have been saying it won’t go above 10, 15, 20, 25 and it keeps breaking those numbers. Definitely a gamble but in my opinion it’s one that will pay off, but I’m not a financial advisor, and this is not investment advice.
 
I have to imagine if he has a brokerage, he’s more diverse than just a handful of amc stock, also if he bought in when we were talking, then he’s up for sure right now. It’s for sure a gamble with everything going on, but for months now people have been saying it won’t go above 10, 15, 20, 25 and it keeps breaking those numbers. Definitely a gamble but in my opinion it’s one that will pay off, but I’m not a financial advisor, and this is not investment advice.

On one hand, there's enough information available to indicate a squeeze is about to happen.

On the other hand, everyone is saying it's not going to go up because the stock is already over valued... Or they have short positions they actually want to get a return on. Whoever is still shorting this stock needs their head checked though.

I guess my point is, it's only *closer* to gambling than investing because ideally with investing you're putting your money towards stock with some intrinsic value... These meme stocks don't really have that beyond the market manipulation that's happening to give them value. So it's more like gambling with informed knowledge. But, there's also a reason that 99% of day traders don't turn a profit.
 
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