06-02-2021, 09:00 PM
(06-02-2021, 01:41 PM)ken-do-nim Wrote: I think AMC just pulled a Gamestop.
Up 93.56% today as I type this; 245.76% in the last 5 days.
No idea why.
Yup, AMC has been the #2 play since the beginning. Some viewed it only as a distraction from GME, some viewed it as a potential squeeze candidate due to a large amount of shorts and the economy reopening again. It definitely looks like the latter was the correct assessment.
I don't personally hold AMC, though I did make my GME money by trading AMC when this first started. If anyone here holds AMC, enjoy the rocket launch!
