So the 3 we pick we have to keep for a full year? No selling for profits then buying back in after a dip? I have kicked the S&P's ASS the last 3 years, but not with this strategy.
And the "no meme stocks" talk in the other thread is ****ing reeruned, it's a thread about INVESTING. Like it or not, trading meme stocks is still INVESTING. But I get it, we have a Where's Waldo-looking, douchebag mod with an inferiority complex on a power trip. [Reply]
Originally Posted by MTG#10:
So the 3 we pick we have to keep for a full year? No selling for profits then buying back in after a dip? I have kicked the S&P's ASS the last 3 years, but not with this strategy.
And the "no meme stocks" talk in the other thread is ****ing reeruned, it's a thread about INVESTING. Like it or not, trading meme stocks is still INVESTING. But I get it, we have a Where's Waldo-looking, douchebag mod with an inferiority complex on a power trip.
Yeah, that's why I just threw my chips into 3 fresh IPOs for funsies just to see what shakes. I could blow up or crash and burn, but with no ability to move I figured why play it safe? [Reply]
Originally Posted by MTG#10: So the 3 we pick we have to keep for a full year? No selling for profits then buying back in after a dip? I have kicked the S&P's ASS the last 3 years, but not with this strategy.
And the "no meme stocks" talk in the other thread is ****ing reeruned, it's a thread about INVESTING. Like it or not, trading meme stocks is still INVESTING. But I get it, we have a Where's Waldo-looking, douchebag mod with an inferiority complex on a power trip.
Understood. But if I had to keep up with everyone jumping in and out this would become a full time job for me to keep up with. [Reply]
After giving some thought I've revised rule #3 as to the deadline. All entries need to be in by April 1.
My original thinking was to give more time so more people could join, but realizing that nearly every day there are stocks that jump 100% and someone could grab three of those through a screener and start with those and it would just throw things out of wack. [Reply]
Originally Posted by Hog's Gone Fishin: After giving some thought I've revised rule #3 as to the deadline. All entries need to be in by April 1.
My original thinking was to give more time so more people could join, but realizing that nearly every day there are stocks that jump 100% and someone could grab three of those through a screener and start with those and it would just throw things out of wack.
I shouldn't have mentioned it earlier. That was totally going to be my strategy. :-) [Reply]
Exclusive-AMC CEO says more meme-stock powered deals are coming
Originally Posted by :
(Reuters) - AMC Entertainment Holdings Inc Chief Executive Adam Aron said the movie-theater chain would embark on more "transformational" deals to capitalize on the interest of retail investors following its bet on a troubled gold and silver mine operator.
AMC unveiled a $27.9 million investment for a 22% stake in Hycroft Mining Holding Corp about two weeks ago, an unusual deal for a company operating more than 900 theaters worldwide that raised eyebrows among market observers.
AMC's investment called upon a $1.8 billion "war chest" it raised in 2021 by selling its shares in the open market, in part on the back of retail investors who turned it into a popular 'meme' stock.
Aron said he expects AMC's investment, which includes shares and warrants, to be "lucrative." The deal was disclosed March 15, the day after Aron's tour of the company's mining operations in Northern Nevada outside Winnemucca, not far from the site of the annual Burning Man arts and music festival.
Some analysts questioned AMC's investment, expressing concern that the bet is far afield from the company's core competency and wondering whether the money could be better spent repaying the chain's debt, which exceeded $5 billion at the end of 2021.
Aron said in a phone interview from a limousine in Los Angeles en route to the Academy Awards on Sunday that AMC's investment in Hycroft had done well from the start. AMC bought Hycroft shares at $1.07, and they were trading at $1.32 last week.
