Quote:
Originally Posted by manwiches
Hope you're banking!  Squeeze number 3.
Look at GME. this is my benchmark. It might not go that far, but even a fraction of that, AMC has more legs. As i stated before, i'm holding full for my PTs
Fundamentals mean jack on this stock. Hit it and quit it |
I don't know that this is a short-squeeze though. Everyone knows that company needs money and insiders are selling their shares. It's definitely interesting to watch from the outside, and it's entertaining to me.
The underlying story with GME doesn't change though. It's retail business is dead; they're not getting people trading in games because people have no discs to trade in the first place. It's all online, and this is essentially Blockbuster all over again. Personally, I don't care because it's fun to watch. Some calls were up about 10,000% this morning and the shares were halted twice, I think. It's hilarious...even if it's not actually investing.