kudos to those who get in early. I'm far too disciplined and risk averse to chase momentum and there are a lot of people that are going to get wrecked buying at the top. this speculative mania in my view is a sign of a very dysfunctional political/economic system. I'm very well hedged for a broader devaluation of the currency, but none of that will matter if the fabric of society falls apart. I see so much risk out there. Always remember, it's just a paper gain until a security is sold.
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My paper hands got the best of me yesterday. I set some stop losses to keep a nice profit and was going to buy some more if AMC headed lower. But it went back up before I could get it at a comfortable to me price. Oh well. Can't look a gift horse in the mouth. Hope it doesn't cost me a small island one day lol.
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Originally posted by LWC View PostMy paper hands got the best of me yesterday. I set some stop losses to keep a nice profit and was going to buy some more if AMC headed lower. But it went back up before I could get it at a comfortable to me price. Oh well. Can't look a gift horse in the mouth. Hope it doesn't cost me a small island one day lol.
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Originally posted by RiverRat1 View PostShort sellers could be covering every day and new shorts could be shorting.
Who are these deep pockets?
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Originally posted by BLACKFINTURKEY View PostWhat’s yalls thought on BB? Friend told me it could have a projection like AMC did, any truth to that?
I heard same thing. I bought in last week and it dropped $3 in 2 days. Something is happening with moves like that but not sure. I’m watching it closely
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Originally posted by FLASH_OUTDOORS View PostI heard same thing. I bought in last week and it dropped $3 in 2 days. Something is happening with moves like that but not sure. I’m watching it closely
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I bought at 14.70....
Supposed to start the climb this week. Going to see what happens after opening this morning and possibly double my shares.
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Bought in AMC in the 20's sold in the 50's. Pretty darn good money in 2-1/2 weeks. My thought is this is the highest AMC has ever been, and it is all fake due to the reddit scene. It is bound to dip back in the 30's or 20's again. A company can't be propped up on pure speculation and the everyday joe buying their stock. They have to actually make money.
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Originally posted by 98ag View PostThere has been talk about BB and BBBY. Both have gone up recently but not has much as AMC. The trick is to find the rumor before it starts to go up and buy when it is not worth anything. Just don't buy with money you are counting on.
I got 68 shares of BB@14.70 wishing I’d bought a little more
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