This article is plain FUD. While it’s true that shortsqueeze underscore some of the basics for GME and AMC. This is not the entire full picture.The ‘GME squeeze’ has occurred on Jan2021, yet why is the stock still trading at the current priceand undergoing constant fluctuation and oscillation? Many people labeled it as meme stocks and that the companies are fundamentally out of touched.But how many of them do dive deeper to the 13f fillings and all? Do you all even knew that GameStop has a new change of board, CEO and chairman just this year? That GameStop went on a hiring blitz attracting and poaching many talents fromFAANG and beyond? That Gamestop have paid off all debt and that they have a coffer of $1b in their warchest to expand into digital fulfilment centres.GameStop is b
Welfare is good. But the current plan, this will push USA debt ceiling to $30T Dollars. THIRTY TRILLIONS DOLLARS. On top of the Covid stimulus in 2020, USA has printed nearly $10T within this past 2 years out of thin air. CPI for the last 3 mthsin USA stands at >5%.hyper Inflation is looming in the horizon.
You know what’s common sense? There shouldn’t be any synthetic/ naked shares out there. Period. The total number of shares issued equal to theinstitutional held shares and the total available float. But why is AMC float significantly higher than the total float reported?Oh, and let’s not get started on AMC fundamental. Cinema is the prefer experiences to watch blockbuster. Covid vaccination is on track, and the world is opening up. AMC has raise millions this year for growth an expansion. And more importantly, as a value investor, I like the stock.
AMC: An Open Letter To The Apes - The Stock Market And Reality
NIO is good, no doubt about that. Sure it will giveTSLA a run for their money. But I don’t see how they are on an equal footing with TSLA as of now. A trillion is a pipe dream.
At the same time, successful, cash rich, with huge market support, in the middle of transformation change companies like AMC and GME have an upside of -80% based on their analysis. What gives? Caveat emptor. With a huge dose of salt.
5 Ultra-Popular Stocks With 108% to 212% Upside, According to Wall Street