Yes and no.

On larger pullbacks I’ll only add to long positions on companies with good fundamentals. On larger pullbacks like this I don’t initiate short term positions. There’s too much risk and short term trading should only follow market momentum.
[Reply]

Has everybody given up on AMC? I had sold off most but recently nibbled a little more back into my portfolio. I think I'm at 250 shares. When it goes to 100K/share I'll be OK.


[Reply]

Hell no, with short lend fee hitting at least 89% today, and the steady creep upwards as volume is jumping. Between that and my play for Hertz @ $1.16, I did quite nicely today in spite of the small bloodbath all around.

With AMC, it's not going to implode, and even legitimately it's probably undervalued now that they are ramping back up for Summer blockbuster season.
The risk vs upside seems silly given the price that couldn't be more friendly.
[Reply]

Damn, after watching a few different videos on AMC and checking the stocktwits gang, it seems to be getting real close to doing whatever its gonna do and those idiots are talking 10k to 100k a share. Damn people are dumb.

Buying more tomorrow.
[Reply]

You honestly believe all that? They’ve been saying all that for awhile and nothing close has happened.
[Reply]

It's gotta all be true. AMC was the only green stock today. How could 100,000 people be wrong at the same time!
[Reply]

:-)
[Reply]

All the other stocks are crashing because the hedge funds are having to sell them just to cover AMC . It's true and on youtubes.
[Reply]

They all disagreed with my wife?
[Reply]

Ok great.

I’m moving all my money out of Dogecoin and into AMC tomorrow.
[Reply]

I heard ELON just caused a crypto crash. Might want to hurry up.
[Reply]

He NEVER wanted Dogecoin to be real.

I can believe people fell for that!
[Reply]

32% = $90K.
[Reply]

If this doesn't turn around soon, I'm going to have to lay off one of the maids on my yacht. It's frustrating.
[Reply]

Ark funds are sinking and money is flooding out of them now.

The market is not looking good- even for the pros.
[Reply]