I realise that any advice here can be taken with a grain of salt and not considered official financial advice.
If I’ve got a couple grand in savings not doing anything, should I buy GME in this dip before the short squeeze? What’s the worst case scenario in terms of losing the money?
The worst case scenario is you lose everything you invest, best case snenario you exit a millionaire.
At this point , invest in GME as a statement, not a money maker. AMC has plenty of juice left if you want to attempt both. Don't get me wrong, I like GME and AMC both longterm. Both are gambles so buy because you want to be a part of it, not for easy money.
I agree with much of what you said... except I have to presume that when you said you “like GME AND AMC BOTH longterm”, that had to have been a typo, right?!?
GME and AMC are both almost-certain GTZ disasters, not entities worth tens of billions of dollars. Long-term, these are, almost indisputably, worthless. Long-term, without hyperbole, there has likely never been a worse investment than GME. Ever.
And that’s precisely what makes the short-term story so... interesting.
How long can they defy gravity, and how many over-extended, short-selling market manipulators can this bust over that duration?
Quick summary: These are terrible investments, as many people are going to get caught holding an absolutely worthless bag... but it’s a fascinating episode. Some people may have made huge paper gains in the run up from ~$5 to several hundred dollars (!)... but anyone buying in now is either making a statement, which is fine, although more-than-likely expensive... or a legendary sucker.
Couldn't disagree with you more. I'm not saying buying gme now and holding it longterm is smart. I'm saying in the longterm I see GME as a good investment and a good company. People buying in amc are making money. I am one of them, but I dont care, I just ljke the stock. It can go up or down, I don't care.
AMC is owned by chicoms
I own amc. I dont care about china, I just like the stock