That shyt gonna be 20$ tomorrow
Nikkas worried about GME better get in these pennies
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That's just a normal day in pennyland....
Yupp. I'm gonna dedicate a few hours every night to learn and improve everything from my budget to actual trading and research
just make sure you go 75+% long stocks and never sell. use the penny profits to dollar cost average your long stocks. that way you still have fun with it and you are building your position of stocks that matter.
Oh my wife fukking hates me now cause I invested errrrthang and makeup don't come out the emergency fund![]()
Had to do some quick reading cause all this hoopla got my attention and from what I understand this isn't about the fundamentals of a business but moreso about bending the institutional short sellers over the hood - no vaseline. And profiting massively at the same time.Y'all really think AMC gonna go on a GME-type run?
Since 2016, it's been on a steady decline.
That being said, the highest it had been recently was $7.76 in Feb. 2020, so I guess if you buy in around this $8-range and it goes back down to $7.76 it won't be too hard of a hit.
I definitely don't got the disposable income, but I might consider throwing up to 1K at it and monitoring it closely (along with setting up a stop/loss)
the nerd from the big short had a position is GME from the lows![]()
Imagine no one going to jail for the 08 financial crisis but Wall St Bets users going to jail for pumping GameStop![]()
I haven't read the posts but would you be surprised if there's an investigation? I wouldn't.
Also, the hedge fund that got hit has already been saved by other hedge funds. Whales saving whales.