/biz/ - Business & Finance

HOLY SHIT

GME was a memestock that is worthless outside the massive 140% short it got put on it. AMC is not a meme, it has an actual future.

"But everyone is going digital streaming serviceeeee", you may cry, probably in a really whiny, annoying voice. and you're not wrong. However, markets don't work on logic, they work on psychology and belief.

When AMC starts really opening up publicizing etc, that stock WILL shoot up, probably to 17-20 bucks. it will feed off the hype and the average citizen's desire to return back to any sort of "normal" daily life.


Buying in now at 6-8 bucks is a steal. buy the shit out of the dip and hold till you start seeing AMC's name in the media a lot(which you will when openings start getting talked about again because of the desire to try to forget covid) it's gonna start pumping. that's your cue to start paying close attention and try to find that peak.


THAT is your exit. do NOT accept a loss on AMC, there is no reason to. Hold that shit diamond until that point, then get out. if you don't have any AMC atm, I'd suggest buying in while it's still low for an easy profit later. That spike is coming.


Tl';DR: AMC stock is gonna spike up high when mass reopening happens due to the mental effect and people's newfound awareness of it. how long it'll last I can't say, but I suggest selling when it does because after that idk if it'll ever happen again.

WHAT HAPPENED? is the short squeeze over yet? I just lost a couple hundred over this, don't tell me i'm bagholding now! NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

If you wanna make money, AMC, tomorrow at open.

AMC has a short position significantly lower than GME. on top of that , there are 50x more shares. If this shit really gonna go to the fucking moon? Obv i didn't invest anything I'm not willing to loose, but I think some of y'all retards are overoptimistic

>>27130397
You're a shill. The stock is booming because no one cares. Your metrics don't matter. You're dealing with a new monster. One that gives zero fucks about your Jim Cramer quotes and your faggot debt statistics. You're against something that cannot lose because they do not care.

AMC could continue to rise based strictly on autism and hatred for the machine. Shorts are rising above 100% because the funds need a fallback after retreating from GameStop.

You are lying to yourself and everyone else if you think "2 or 3 bucks" is all that AMC is going to earn holders. You're a boomer cuck and it shows.

$AMC is a buy and hold until MONDAY, if AMC closes above $9 today all the calls expire in the money and market makers will be forced to buy shares back at a premium, therefore on Monday the price would rocket officially starting the AMC short squeeze.

This thing is giving me a heart attack.
>wake up and check /biz/
>buy shares on a whim before even getting up
>check throughout the day
>swinging back and forth between anything from -38% to + 24%
I want to sell just to finally be able to calm down again.
How do you endure that stuff?