• PhaseFour [he/him]
    ·
    4 years ago

    Here's the most popular argument on /r/wsb for buying AMC.

    AMC is the second most shorted stock at 80% total shares. The short sellers increased their position 20% in the past couple days. Many retail investors are priced out of GME on Robin Hood. You need to buy whole stocks and they cost $300-400 each. It seems like a cheaper GME. to me, and I'm treating it as such. I've invested $300 that I'm not afraid to lose.

    Again, not financial advise. I just like stock.

    Edit: I invested $200. It's worth $300 right now. It was worth $100 yesterday. This is a roller coaster. Be safe.

      • PhaseFour [he/him]
        ·
        4 years ago

        Keep in mind that you absolutely can lose a large percentage of money. There's a possibility this goes to the moon. There's a possibility it goes back to $2. I like the odds for lift-off, but I'm okay going bust on $200. It's a gamble.

        I don't know your situation, so I just want to make that 1000000000% clear.

        • GuyWTriangle [none/use name]
          ·
          4 years ago

          I'll be fine, I start a new job on Monday and for the time being I'm living with my parents, I was gonna just invest a bit of money, not my life's savings lol but thanks for the concern