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If you keep scrolling Reddit every day reading endless DD and speculation you’ll go insane. I wouldn’t be surprised if a lot of those “positive dates” are just posts made up by hedgefunds as psychological tricks. If I tell you the 7-Eleven has free candy bars every Tuesday, and every Tuesday you go to 7-Eleven and there are no free candy bars, after a while you’re gonna give up and stop going to the 7-Eleven. I think all these dates may be something similar to just get everyone’s hopes ups then pull the rug out in hopes of mentally exhausting everyone. I may be wrong, but I wouldn’t put it past them.
The Shop
To me it appears to be a company that was losing $150M per year pre-pandemic at 1/5 the current share price. I'm just not seeing a bright future for AMC in an increasingly isolated viewing world where individual streaming is dominating. Unless they put out a streaming service that somehow surpasses the current players, it's a long road to a successful transformation to something else that can be profitable.
And just to be clear, I'm not saying it can't be, but I am a doubter because I don't see the road ahead to justify an investment outside of speculation on volatility.
This is not for a long term retirement,
It’s more of a possible quick and easy payday if I hold during these dips. If it tanks to nothing my life won’t change at all, if it takes off it will change.
It’s a no brained for my situation
And just to be clear, I know zero/zilch about stocks. I’m just hoping this one goes the way of GameStop. I would never bet my life savings on “hoping” but it is fun to partake in and observe what’s going on with the ups/downs and listening to everyone’s take on why it raises/dips
As for the squeeze itself. Hedge funds are in a bad position. 80% of the float is owned by retail investors. They are not selling because they learned from GameStop. The amount of shorting, FTD, naked shorts is absurd. 10 days straight of infow higher than outflow and the price drops lol
Pit Row
The best part is that we just continue to do our little part and we are victorious
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