Fair do’s, I take back any obstinance inferred. The majority of my experience with ‘meme’ stocks is GME and the dip to $40 sorted out the majority of the early buyers with a nice average down.
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I got in way to high at $57 but not put a fortune in so all a bit of fun as a first time trade, any tips?
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I’d say you can never do enough research about the stock you’re in. It’s a daily habit for me now after so long 
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Don’t follow hype and YouTube. Only people who hype anything are doing it for themselfs unless you can see its strong company.
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Hi @Turnbull13
You’ve joined the markets at a time that has never been seen before, will it continue?
Who knows we’ve never seen so many retail investors (like yourself) with access to the ability for cheap / free trading.
AMC, is it a good stock?
No. it’s not really an investment it’s a bet. Now all stock purchases are a bet, you’re buying stock in [insert any company here] from someone because you think it’ll go up more than they do. You may think this because of a hunch or because of analysis you’ve done. There is limited analysis you can do on $AMC because it’s technical, complex & (if you believe the hype) hidden.
Treat this like a bet and you’ll be in much safer territory, the information you can access is closer to a hunch on who will win what Olympic medal or horse race.
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Well I do like a bet I suppose lol, thanks
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Followed this for months and it’s uncovered so many worrying details about the US stock market that it starts to make you wonder whether you’ll have more luck backing a greyhound race than investing in the US stock market!
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I think you’re OK if you stick to successful companies. I’m over 100% up on my Microsoft shares for example. Over 300% up on Nvidia. You don’t have to gamble on small cap with no profits
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You shouldn’t invest in stocks at all with your knowledge. Just invest in ETFs and save yourself the stress and disappointment.
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I think the point I’m trying to make is that in the USA certain stocks are *allowed * to be successful and those that could be successful through innovation and fundamentals don’t always get there due to market collusion.
But AMC is not an innovative company that could be successful if only the nasty hedge funds left it alone. It’s massively in debt, makes huge losses and is in a diminishing industry. It was already going downhill, That’s why the shorts target it in the first place
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Don’t use AMC (or any of the meme stocks) as being representative of the market - they’re really not. There are plenty of good investment opportunities out there particularly if you’re happy to accept a reasonable return rather than the moon on a stick!
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That’s pretty much conspiracy bogus. No idea where you get this from, but steady your horses a little. How is this related to AMC anyway? As people already stated, from a fundamental perspective, AMC is a terrible company and will inevitably perish. There’s no need for anyone to collude.
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This argument doesn’t hold a lot of water though. Shorting a stock and driving the price down doesn’t really effect a company day to day. The only real impact is that it reduces the funds they could get through stock issues, but this is hardly a day to day occurrence, and even if hedge funds weren’t shorting it, what would the stock price be? $5? $10? Still not a lot.
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Think you’ll see I purposely didn’t use AMC as an example as I agree it’s neither innovative or has good fundamentals. AMC and GME are examples of when it goes wrong for HFs but the insane manipulation to pump a stock through media, wait for the public to catch the coat tails and then short it to make money is phenomenal. I openly admit I have made money through blue chip USA stocks in the past but this whole event has massively opened a lot of people’s eyes.
I think as you posted it in the AMC thread it was assumed that was what you were talking about that’s all. 
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Any news on when all these shorts are up and this is going to the moon. Asking for a friend
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There isn’t a deadline on shorts, they can hold them for as long as they want but they do have to pay a borrow fee
I think part of the issue here is that there is a misconception that shorts must cover, it’s almost a rallying cry. But the shorts can hold on as long as they want if they pay the interest
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I think he was joking 
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Probably, but it’s worth pointing out that the “Shorts must cover” cry is a load of crap 
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