$AMC Entertainment(AMC)$I made a bet with my best friend that whenever AMC goes up over 10%, she would give me a big treat; IF it goes the opposite, I would give her a big treat instead.
After a few months, I've put on so much weight and yet my wallet is still holding well.
Just kidding.
Nevertheless, the fact is that AMC's price has been going up over 10% for many days in the past couple of months although it did show red for a few days. It's going strong.
I've been studying stock via Udemy and the lecturer says we have to follow the trend. For AMC, no matter how the media (possibility linked to the HFs) is portraying it, the trend is that people are buying and the apes are holding.
What's important is that the stock would earn you big bucks, so much more than a usual retail investor would earn over years. I believe the shorts squeeze would happen anytime soon and I'm ready to make a life-changing amount of money, kindly contributed by the HFs.
Think of the current high amount of shorts interest and the volume of shorts.
No matter how those financial advisors and market analysts would (false) claim about the "overpriced" stock, it doesn't matter because the value of a stock is priced by the supporters. I value current AMC's stock at 500k, and thus I would buy it while it's cheap.
Eventually, my P&L would show who's the loser. By then, the so-called experts would have to eat their words and come up with excuses to deny their links to the HFs.
No, I'm not a financial advisor but at least I don't lie like how the media has been distorting news and creating FUD. I'm new to stock investment but I've been watching the world news with a clear and unbiased mind. I can judge obvious FUDs easily.
Yesterday, AMC bounced from a low red to high green and ended with a 10% huge jump in its price. I'm enjoying it.
Thanks to the apes and HFs who have given me the rare (probably once-in-a-lifetime) opportunity to join a movement that would teach bad players a good lesson, so that the market would be a fairer one.
I don't expect everyday to be a green day, but I'm never feeling bearish on a red day because I believe in the AMC squeeze. When the HFs start buying back the shorts, we shall laugh to our hearts' content. We can then tell everyone who has doubted our judgement that we are and always have been right.
Apes, buy and hodl. Stay strong together.
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