In normal market conditions I'd agree.
And you've said multiple times you originally bought in during the peak of the pandemic thinking movies would make a comeback.
If you've done your own reading and research and have come out the other side of it thinking gme/amc are gonna blow then yes you put 80-90 percent on em
This has been an 8 month battle so far and gme went from 4 to 200 amc went from sub 5 to mid 40's how many other stocks have given those kind of returns in less than a year?
Even if you don't believe the 5-6 figures are possible these two stocks have already given massive massive returns
Who cares if safe growth stocks go up 20% over the course of you holding, you can buy in when you cash out (whenever that may be)
I had multiple longs i sold out of to put into gme/amc and 2-3 of em were at a loss... so what?
If amc even gets to 80 I've made way more then I would have continuing to hold those long plays AND I can buy back into em
Wall Street has been winning so long for a reason, who would have guessed that something as simple as having conviction and buying/holding would sink the titanic .