AMC OMG WTF

Discussion in 'Stocks' started by ScroogeMcDuck, Jan 27, 2021.

  1. LS1Z28

    LS1Z28

    Wallstreetbets doesn't care about fundamentals.
     
    #11     Jan 27, 2021
    Sprout and zghorner like this.
  2. zghorner

    zghorner

    fundamentals are for hedge fund dweebs.
     
    #12     Jan 27, 2021
    Sprout likes this.
  3. LS1Z28

    LS1Z28

    I bet that a lot of people said the same thing in the late 90's. I don't think that fundamentals are as important as they used to be, but disregarding them completely is probably a mistake unless you're just daytrading.

    I saw someone post yesterday that they had been an investor for a grand total of 3 hours and they put their lifesavings in GME. I worry that this will end poorly for many. It will be interesting to see how this WSB phenomenon plays out long term.
     
    #13     Jan 27, 2021
    zghorner likes this.
  4. zghorner

    zghorner

    I agree.

    I will more than likely burn up 50% of my account holding overnight when it gaps down and never recovers lol.
     
    #14     Jan 27, 2021
  5. Tsing Tao

    Tsing Tao

    Short interest seems to be the only thing that matters in these stocks. I'm just fine with it.
     
    #15     Jan 27, 2021
  6. nursebee

    nursebee

    GME, is the buying about to dry up?
    Any closing predictions?
     
    #16     Jan 27, 2021
  7. BAT31

    BAT31

    I say yes. The chart looks more ridiculous than SNOW's post IPO rally. Eventually, sensible heads prevailed.

    No closing predictions.
     
    #17     Jan 27, 2021
  8. Cuddles

    Cuddles

    musical chairs...I wouldn't discount it just yet. All that halting just made ppl chase elsewhere.
     
    #18     Jan 27, 2021
  9. nursebee

    nursebee

  10. Please point me towards some day trading books that provide a real edge that isn't all getting arbed away by robots
     
    #20     Jan 27, 2021